DeFi ecosystem now exceeds 2 million unique addresses
The global crypto market cap is $1.88 trillion with a 24-hour volume of $112 billion. The price of Bitcoin is $50,246.22 and the BTC dominance is at 50.1%.
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by Liam Frost
The total number of unique addresses (or wallets) in the decentralized finance (DeFi) space broke above two million today, according to crypto metrics platform Dune Analytics.
Notably, the previous major milestone of one million addresses was achieved just a few months ago—on December 4, 2020, according to Richard Chen, creator of the dashboard and partner at crypto-focused investment firm 1confirmation.
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South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday.
Well-known risk analyst and “Black Swan” author Nassim Nicholas Taleb seemingly changed his previously positive attitude toward Bitcoin, calling it a “gimmick” and an “open Ponzi scheme” during an interview with CNBC’s Squawk Box yesterday.
Smart contracts platform Algorand (ALGO) has partnered with carbon offset specialists ClimateTrade to launch a “sustainability oracle” that should help make the blockchain “carbon-negative,” according to an announcement published yesterday.
The UK High Court has allowed Craig Wright’s lawyers to pursue legal action against the bitcoin.org website for copyright infringement.
The so-called XRP army went “ape” after Judge Sarah Netburn denied the United States Securities and Exchange Commission (SEC) from accessing Ripple’s executives’ bank records.
Synthetix, an Ethereum-based decentralized finance (DeFi) app, launched the full suite of its on-chain synthetic derivatives yesterday, as per an announcement.
Turkish police have detained 62 people across eight provinces in connection to an ongoing investigation into local crypto exchange Thodex going dark, news agency Associated Press reported today.
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Most people forget that “money” started out as stones and rocks, to seashells and salt, whenever it was initially conceptualized thousands of years ago. It was only a few hundred years ago that ‘paper’ money and government-issued tender became commonplace for the transfer of value.
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