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December 3, 2024
Bitget is looking to capture a massive market from DEXs as it opens an affiliate designed especially for users in Vietnam. Cryptocurrency exchange Bitget has launched a new trading platform in Vietnam. BitEXC will be tailored to Vietnamese preferences and provide local customer support and educational outreach, it promised. The launch of the new exchange...
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Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal. Decentralized exchange Curve Finance has clocked annualized revenues of nearly $37 million during the past 30 days, according to data from Token Terminal. That’s up nearly 23% from the month prior and “increased demand for leveraged financing and...
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Average Bitcoin and USDT deposits across crypto exchanges escalated over the year, indicating a rise in institutional demand for digital assets. Cryptocurrency exchanges have seen a sharp increase in average deposits in 2024, driven by larger purchases from professional and corporate investors.  According to a Dec. 3 analysis by CryptoQuant, Binance saw its average daily...
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The Ethereum co-founder also proposed changes to ease transfers among layer-2 scaling networks. Ethereum co-founder Vitalik Buterin urged Web3 wallet developers to implement features improving privacy and security in a Dec. 3 blog post. “[A] user only benefits from any decentralization, censorship resistance, security, privacy, or other properties that Ethereum and its applications offer to...
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In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea’s parliament. South Korean President Yoon Suk Yeol declared martial law in a live television announcement, likely contributing to the price of Bitcoin (BTC) against the won dropping roughly 30% on the...
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Yield Guild Games founder Gabby Dizon says “conviction” in gaming is more important to him than “chasing narratives”: Hall of Flame With the crypto bull run heating up, crypto noobs and old-timers alike are scrambling to keep up with the constantly changing narratives every week. But Yield Guild Games co-founder and CEO Gabby Dizon isnt...
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Unlike many cross-chain bridges, Portal-to-Bitcoin uses a combination of threshold signatures and atomic swaps. Bitcoin’s success as a digital store of value is undeniable. Still, its utility beyond storage and transfer is a common point of criticism.  The Bitcoin (BTC) ecosystem relies on custodial, exogenous infrastructure to trade, lend against or issue derivatives of BTC....
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BlackRock’s IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 BTC on its books. BlackRock’s spot Bitcoin exchange-traded fund (ETF) has surpassed 500,000 BTC in holdings as more investors seek exposure to the asset. On Dec. 2, the iShares Bitcoin Trust (IBIT) ETF’s Bitcoin (BTC) holdings reached 500,380, worth...
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LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity. Chainlink’s (LINK) price outperformed the crypto market on Dec. 3, posting a 27% daily gain following a collaboration with an EU-based firm to launch a tokenized asset settlement system....
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Corporate Bitcoin adoption is “going parabolic,” and early birds have little to worry about when it comes to BTC price corrections. Bitcoin can fall below $20,000 without crucially impacting MicroStrategy’s Bitcoin treasury. New research published on social media by capital adviser Jeff Walton on Dec. 3 concludes that the business intelligence firm could survive an...
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