Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.
Three Crypto Predictions in 2024
"CoinDesk Daily" host Jennifer Sanasie breaks down three predictions from Pantera Capital partner Paul Veradittakit, including a focus on tokenized social experiences, an increase in institutional adoption of crypto and computationally expensive applications becoming more economically feasible on-chain.
The Protocol: Restaking Tokens Are Exploding, and Restaking Isn't Even Live
In this week's issue of our weekly blockchain tech newsletter, Sam Kessler explores how "liquid restaking tokens" or LRTs are remaking decentralized finance. PLUS: Starknet's STRK airdrop, Stellar's smart-contract facelift and bitcoin's supply crunch.
DeFi Platform Earning Yield by Shorting Ether Attracts $300M
Ethena offers 27% annualized rewards to holders of its USDe stablecoins, a yield it generates mostly by shorting ether futures.
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength
Despite some fears in government circles that crypto could undermine the dollar, the Fed governor said that the use of dollar-dependent stablecoins can boost the dollar's reach.
Fordefi Raises $10M to Make Crypto Safer With Institutional-Grade Wallet to Retail-Facing Platforms
The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its MPC wallet, and secured over $3 billion in blockchain transaction volume.
As Tokenization Takes off, Look to DAOs
DAO treasuries, the "indigenous crypto-native institutional investor," have faced a number of problems that institutional capital can avoid, Ainsley To writes.
Australian Judge Hands Split Decision in Market’s Regulator vs Block Earner
The court will determine the fine Block Earner will have to pay during a scheduled hearing on March 1, 2024.
What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week
ERC-404 allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.
DeFi Platform Pendle Nears $1B in Total Value Locked
Pendle crossed the $100 million TVL mark in mid-June 2023.
