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Daily Defi News from Across the Web

Daily Defi News from Across the Web

Andreessen Horowitz Hires Former CFTC Commissioner Brian Quintenz To Bolster Regulatory Expansion

A16z, the cryptocurrency arm of leading venture capital firm Andreessen Horowitz, has announced that it has hired former commissioner of the US CFTC, Brian Quintenz, to advise the firm on policies about... Read more »

BaaS Market Expected to Hit $15.8B by 2026, Driven by High Immutability & Secure Decentralization

According to a report by Research and Markets, a leading market research store, the global blockchain-as-a-service (BaaS) sector is anticipated to reach $15.8 billion by 2026 from the current $2.31 billion, recording... Read more »

Swiss SIX Receives Regulatory Approval to Launch Digital Token Exchange

SIX Digital Exchange (SDX) – based in Switzerland – has obtained regulatory approval from FINMA, the Swiss Financial Market Supervisory Authority, to operate a marketplace for digital assets. On Friday, September 10,... Read more »
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George Soros’s Family Office Confirms Trading Bitcoin

Billionaire investor George Soros’s family office, Soros Fund Management, has announced that it is trading Bitcoin. Soros, who is prominently known for making big money in traditional currency investments, is reported to... Read more »
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The DeFi Smart Contract Automation Network Gelato Raised $11M in its Series A Funding

Gelato, a smart contract automation network focused on the DeFi sector, announced that it has raised $11 million led by Dragonfly Capital in its Series A financing. In this round of financing,... Read more »
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Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share

The decentralized finance (DeFi) sector took the world by storm in 2020 after its value grew by fourteen times. Its presence in the crypto space continues to be felt as its value... Read more »
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Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT’s Google Search Volume Up Exponentially

Ethereum (ETH) was down by 1.7% in the last 24 hours to hit $3,459 during intraday trading, according to CoinMarketCap. Nevertheless, Ethereum non-exchange whales have been accumulating more coins, which signifies a... Read more »
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Square Considering to Build Bitcoin Mining System: Jack Dorsey

Jack Dorsey, the CEO of Square Inc, recently disclosed that the payment firm is considering jumping into the Bitcoin mining business.  On Friday, October 15, Dorsey tweeted that the company intends to... Read more »
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U.S. Blockchain-organisation BBA Publishes Crypto Toolkit Guidelines for Regulatory Consideration

The Boston Blockchain Association (BBA) has joined a working group of blockchain-centric firms to publish a functional toolkit that will come in handy in serving as a guide to Massachusetts lawmakers in... Read more »
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DeFi Trails Broader Market Uptrend to Hit New TVL at $223 Billion

The Total Value Locked (TVL) in decentralized finance (DeFi) protocols have crossed the biggest range in history. It is trading at its highest value of $223 billion, according to data from DeFiLlama. The... Read more »

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