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DeFi – Page 9 – BitcoTasks BLOG
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Wormhole $617M Airdrop Ignites Valuation Surge To $3B, But W Price Stumbles 23%

Cryptocurrency Market News

Wormhole, a cross-chain communication protocol enabling the transfer of assets between blockchains, recently launched an airdrop campaign for its newly issued governance token, W. Early users were rewarded with 617 million W tokens, and the protocol also released a roadmap outlining its plans. Wormhole Protocol Unveils Roadmap According to the protocol’s roadmap, W aims to…

Wormhole $617M Airdrop Ignites Valuation Surge To $3B, But W Price Stumbles 23% Read More »

Bitcoin Price Plummets As US Government Transfers $2B In Seized Silk Road BTC, Coincidence?

Bitcoin News

The crypto market is abuzz with speculation as the US government recently moved significantly regarding seized Bitcoin (BTC) linked to the infamous Silk Road dark web marketplace. This development comes at a critical time for the Bitcoin price, which has struggled to maintain its position above the $70,000 threshold after hitting its current all-time high…

Bitcoin Price Plummets As US Government Transfers $2B In Seized Silk Road BTC, Coincidence? Read More »

MakerDAO Initiates Massive $600 Million DAI Investment In USDe And sUSDe

Maker Mkr

Decentralized Finance (DeFi) protocol MakerDAO is considering allocating 600 million DAI stablecoins to the USDe and staked USDe (sUSDe) protocols through the DeFi lending platform Morpho Labs. The proposed allocation aims to improve risk management and maximize user incentives in the DeFi landscape. MakerDAO Sets Maximum 600 Million DAI Allocation The Spark DAI Vault, launched…

MakerDAO Initiates Massive $600 Million DAI Investment In USDe And sUSDe Read More »

FTX Founder Sam Bankman-Fried Breaks Silence, Announces Appeal For 25-Year Conviction

Ftx

In a recent 25-year prison sentence for fraud. FTX Co-Founder Admits Errors Bankman-Fried, currently held at the Metropolitan Detention Center in Brooklyn, shared his reflections on the unfolding events. He admitted to making several “bad decisions” in 2022 that led to FTX’s insolvency. Although he claimed he had never considered his actions illegal, Bankman-Fried acknowledged…

FTX Founder Sam Bankman-Fried Breaks Silence, Announces Appeal For 25-Year Conviction Read More »

Telegram Implements Toncoin Payment Integration For Ads, TON Price Sees Impact

Toncoin Ton

Telegram, the renowned messaging platform, recently unveiled a new feature that allows users to promote their channels through advertising. With the launch of this feature, users can now purchase ad space using Toncoins (TON), the native cryptocurrency powered by the TON blockchain. Telegram Implements TON Blockchain For Ad Payments Acknowledging the potential for channel owners…

Telegram Implements Toncoin Payment Integration For Ads, TON Price Sees Impact Read More »

Venom Blockchain Launch Triggers Huge Surge In User Adoption, Surpassing 1 Million In A Single Day

Cryptocurrency Market News

With the growing adoption of blockchain technology in various digital asset infrastructures, a team from Abu Dhabi, known for its wealth from the oil industry, has made a significant entry into the space with the launch of the Venom Blockchain.  Venom Blockchain Market Cap Soars Venom operates as a foundational Layer 0 blockchain network, equipped…

Venom Blockchain Launch Triggers Huge Surge In User Adoption, Surpassing 1 Million In A Single Day Read More »

Venom Blockchain Debut In Abu Dhabi Sparks Massive User Surge, Exceeds 1 Million In A Day

Cryptocurrency Market News

With the growing adoption of blockchain technology in various digital asset infrastructures, a team from Abu Dhabi, known for its wealth from the oil industry, has made a significant entry into the space with the launch of the Venom Blockchain.  Venom Blockchain Market Cap Soars Venom operates as a foundational Layer 0 blockchain network, equipped…

Venom Blockchain Debut In Abu Dhabi Sparks Massive User Surge, Exceeds 1 Million In A Day Read More »

BREAKING: Sam Bankman-Fried Sentenced To 25 Years In Prison

Breaking News Ticker

In a highly anticipated courtroom verdict, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. US District Judge Lewis Kaplan delivered the judgment during a Lower Manhattan federal courtroom hearing. FTX Founder Sam Bankman-Fried Sentenced Judge Kaplan sternly criticized the defense’s argument, labeling…

BREAKING: Sam Bankman-Fried Sentenced To 25 Years In Prison Read More »

Ondo Finance Joins BlackRock Tokenized Fund As Inflows Surpass $160M

Cryptocurrency Market News

BlackRock, one of the largest asset managers globally, has witnessed notable success with its newly launched tokenized money-market fund, BUIDL. The fund, which records shared ownership on the Ethereum (ETH) blockchain, has attracted over $160 million in just one week since its debut.  BlackRock’s BUIDL Fund According to a Bloomberg report, the BlackRock USD Institutional…

Ondo Finance Joins BlackRock Tokenized Fund As Inflows Surpass $160M Read More »

Aptos (APT) Surges 94% And Approaches All-Time Highs: Will It Break The $20 Barrier?

Aptos Apt

Layer 1 (L1) blockchain platform Aptos has experienced a significant surge in key metrics, accompanied by a 12% price rally of its native token APT within the past 24 hours. On Tuesday, the token’s price approached its all-time high (ATH) level of $19,92, reaching above $19. APT Eyes $20 Milestone Despite the recent price correction…

Aptos (APT) Surges 94% And Approaches All-Time Highs: Will It Break The $20 Barrier? Read More »

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