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Daily Defi News from Across the Web

Daily Defi News from Across the Web

Biden To Name Crypto Critic Saule Omarova To Lead OCC

U.S. President Joe Biden is expected to announce his nomination for the Comptroller of The Currency within the next few days. He will pick a female candidate, according to Bloomberg media outlets,... Read more »

Total Value Locked in DeFi on Ethereum Crosses $100 Billion as ETH Address Profitability Clocks 100%

Ethereum (ETH) recently breached the psychological price of $4,000, bringing it a stone’s throw away from its all-time high (ATH) level of $4,350. The second-largest cryptocurrency based on market capitalization has been... Read more »

Ethereum Token Circulation Hit Levels Last Seen in June Amid ETH Realized Cap Reaching ATH

Ethereum has been experiencing an uptick in different activities, despite the crypto market bleeding triggered by factors like a major liquidity crisis witnessed by leading Asian property developer China Evergrande. The amount... Read more »
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Iota Floats Smart Contracts Beta with Zero Execution Fee

The Iota Foundation has launched its smart contract functionality which it said is now available in IOTA 2.0 DevNet. As unveiled by the blockchain network, the smart contract functionality empowers developers to... Read more »
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Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China

Since last Friday, the People’s Bank of China began to crack down on cryptocurrency trading, a large number of Chinese traders seem to have turned their trading venues to dYdX – a... Read more »
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BTC, ETH Jump to New Highs after Bitcoin ETF Launch – What’s Next?

Optimism in the crypto world is sky-high that the Securities and Exchange Commission (SEC) okayed the first US Bitcoin futures exchange-traded fund. The launch is a springboard for crypto to become a... Read more »
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SBI, Sygnum, and Azimut Jointly Established a $75M Venture Capital Fund for Crypto Startups

Japanese financial giant SBI Group, Swiss bank of digital asset management Sygnum, and Italy’s Azimut Group jointly raised a $75 million venture capital fund in Singapore Thursday, aiming to invest in capable... Read more »
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Ethereum Supply in Smart Contracts Hits ATH of 28%

Ethereum’s demand for smart contracts continues to scale the heights. Reportedly, “ETH supply in smart contracts is at ATH of 28%.” Smart contracts are self-executing agreements based on blockchain technology that decreases the demand for... Read more »
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Digital Currency Growth Brings “Opportunities and Challenges”: IMF

A recent report by the International Monetary Fund (IMF) has highlighted that the current evolution in the digital currency ecosystem presents both opportunities and challenges for the broader financial ecosystem. According to... Read more »
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Whitehat Hacker Receives the Largest Bounty for Identifying Exploits in Polygon’s Codes

A Whitehat hacker, Gerhard Wagner, has received the largest bug bounty in history after he discovered a vulnerability in Polygon’s plasma bridge. According to Immunefi, a bug bounty platform for smart contracts... Read more »

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