Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1, the defi TVL across various blockchains has risen almost 855% from $21.4 billion to today’s $204 billion. Total Value Locked in Defi Jumps Over the $200 Billion Handle, Ethereum TVL Commands 69% Dominance The total value locked (TVL) in defi today has jumped nearly ten times higher than the value at the beginning of 2021. On October 5, 2021, the…
Day: October 12, 2021
Dapper Labs Backs $3.5M Raise for Crypto Social Media Startup Yup — CoinDesk
“The question is, can we come to consensus on that together, in sort of a decentralized manner, rather than leaving it up to an organization to be the arbiter of truth?” suggested Kabessa. “Can we reward and recognize curators better, such that we come to a better social consensus on what’s valuable online?” Source
Stripe Is Hiring a Crypto Team 3 Years After Ending Bitcoin Support — CoinDesk
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Stripe Is Hiring a Crypto Team 3 Years After Ending Its Bitcoin Support — CoinDesk
Stripe’s relatively modest hiring push (it has 4,000 employees) comes amid a surge in crypto payments integrations across online retailers and even social media platforms. Strike, the crypto startup behind Twitter’s new bitcoin tipping feature, is preparing to release its payments API in an aggressive bid for mass crypto adoption. Original
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Disney, Electronic Arts, Robinhood, WWE to Benefit Most From NFTs, Citi Says
Companies including Disney, video game publisher Electronic Arts and Robinhood Markets are expected to benefit from non-fungible tokens (NFTs), according to a new report from Citi. “The advent of NFTs promises significant disruption to any/all sectors with exposure to IP (intellectual property), licensing and merchandise related revenues,” Citi analyst Thomas Singlehurst wrote in a report entitled “Disruptive Innovations,” noting that “the key point is that its decentralized and democratized model allows content owners to disintermediate traditional gatekeepers both in terms of distribution and monetization.” Citi said that video games and…
Biden Wants to Know More About Crypto
We’re seeing more and more chatter about crypto regulations from the current U.S. presidential administration but, despite certain statements from the SEC chair, the overall approach seems to be “wait and learn” rather than immediate action. Side note: I’ll be in Washington, D.C., next week for a few days. Want to say hi? Let’s connect! You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Executive intent The narrative The Biden administration is continuing to gear…
Bitcoin Shocktober Continues To Outperform Altcoins En Masse
In the crypto top 10 by market cap, Bitcoin reigns supreme with no other cryptocurrency close to matching its performance in the daily (-1%) and weekly (16.6%) charts. While BTC’s price trades at $57,415, near its previous highs before May’s crash, the altcoin market lags. BTC with minor losses in the daily chart. Source: BTCUSD Tradingview The second cryptocurrency by market cap, Ethereum (ETH), records a 3.9% loss in the daily and only a 2% profit in the weekly chart. In the meantime, ADA (-4.7%), XRP (-5.7%), SOL (-5.4%), DOT…
Vitalik talks DAOs, Ethereum and NFTs in new interview
In a recent podcast interview with The Stakeborg Talks, co-founder of Ethereum Vitalik Buterin spoke candidly on a wide range of issues, including his early attraction to mathematics and problem-solving, the potential of decentralized autonomous organizations, or DAOs, his perspective on Bitcoin’s community and the nonfungible token, or NFT, space. Answering an inquiry as to his preference for career title, Buterin — a modest entrepreneur with an animated passion for his profession — referred to himself as a tech philosopher, and as such, perhaps, coined the term. Paraphrasing the infamous…
LANGZEIT PROGNOSE: Wie 1 Ethereum 100.000 $ und 1 Bitcoin 500.000 $ erreichen kann
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