The extension of liquidity should provide decentralized finance users with pricing that “matches or even surpasses” that of centralized platforms.
Adoption News
In general, adoption, as it relates to the technology world, is the process of something becoming more widely used and well known. Blockchain adoption has increased over the years since Bitcoin (BTC) launched in 2009 as an asset running on blockchain technology. Distributed ledger technology, or DLT, has caught the attention of mainstream companies for various use cases, such as supply chain management, while many crypto-native projects continue harnessing the tech.
Bitcoin adoption has also grown since the asset first came into the world, with entities showing greater interest in allocating funds to BTC. The Bitcoin adoption rate has increased over time. Cryptocurrency adoption, in general, has also increased, as assets other than Bitcoin have gained publicity.
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Ethereum co-founder Vitalik Buterin played a pivotal role in making the development of the Ethereum Naming Service possible.
3521Galaxy’s asset management arm partially attributed the milestone to its spot Bitcoin ETF with Invesco, though inflows have been low.
1508Grayscale’s GBTC has just notched its largest day of outflows since its launch, though ETF analysts are optimistic that BTC ETFs are only just starting to gain momentum.
11058Some industry pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen — but problems could arise if regulators demand action.
10744The price of LDO jumped briefly after an updated spot Ether ETF application from Fidelity which proposed to stake “a portion” of the fund’s ETH to generate additional income.
3958The complexity of crypto accounting and integration with traditional financial systems pose significant barriers to broader adoption.
11786The wallet received a $30 million controlling-stake investment by crypto exchange Bitget in March 2023 and rebranded shortly after.
7720The partnership allows MetaMask users to export their tax information into CoinLedger via a single click.
6686The SEC could bring more regulatory scrutiny toward Ether ETF applications, despite the prior approval of spot Bitcoin ETFs, according to Recharge Capital’s John Lo.
1170“Presale is live for the ever-fashionable SOL-loving Milady wif hat. Sending some love to the SOL community now,” the project wrote.
11001Traders want to make their millions on Solana memecoins, but crypto proponents believe this is risky and would benefit the industry if it ends sooner rather than later.
5830Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its banking partner went to work with Circle.
5366The 350% jump in Base daily transactions came amid a vast reduction in fees following the Dencun upgrade.
5872Starbucks’ decision to end its NFT rewards program aligns with similar moves by other major companies in the last year.
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