Kraken’s Incoming CEO Shares 5 Major Crypto Trends for 2023, Including What He Believes Will Be the Leading Use-Cases
David Ripley says crypto price drops tend to expose those that aren't following proper protocol. But once the dust settles, we'll start to see new projects come to the surface, he added.
Total Locked-Up Volume (TVL) of DeFi Protocols Fell Below $40 Billion
According to DefiLlama, the total locked-up volume (TVL) of DeFi protocols on the entire network fell below $40 billion yesterday, a new low since February 11, 2021.
Will Crypto and DeFi Collapse With Binance?
With all the headwinds in the crypto markets today, is it realistic that Binance will suffer the same fate as FTX, Celsius, Voyager, and others?
DeFi Protocol Developer Archblock Aims to Onboard U.S. Community Banks With New Partnership
Archblock, a core developer of unsecured lending protocol TrueFi, is hoping to bring U.S-regulated community banks to <a href="https://www.coindesk.com/learn/what-is-defi/">decentralized finance</a> (DeFi) protocols in a strategic partnership with Adapt3r, a subsidiary of alternative asset manager MJL Capital.
Ren DAO To Vote on Plan To Mint New Funding Tokens After Alameda Collapse
The Ren community, which oversees a DeFi protocol that issues wrapped crypto assets, is considering the minting of new tokens to raise capital after the collapse of Alameda Research left the project without access to its funds.
Why DeFi is the Answer to the FTX Saga
The potential of decentralized finance and the roadblocks it must overcome
DeFi, dApp Developer Core Business Holdings Goes Public in US Through ARAX Acquisition
ARAX is currently investing in WEB3 projects, as well as future WEB4 projects, implementing blockchain-based solutions. ARAX Holdings signed a binding letter of intent and deal terms to acquire 75% of blockchain firm Core Business Holding‘s share capital, the company behind Core Blockchain.
MakerDAO Increases Its DAI Savings Rate, Thanks to Competitive DeFi Landscape
Following an executive <a href="https://vote.makerdao.com/executive/template-executive-vote-recognized-delegate-compensation-gno-onboarding-blocktower-credit-rwa-vaults-onboarding-renbtc-offboarding-mkr-vesting-momc-parameter-changes-dai-savings-rate-adjustment-starknet-bridge-parameter-changes-december-09-2022#proposal-detail" target="_blank">proposal</a> decided upon on 11 December and executed on-chain on 12 December, <a href="https://ambcrypto.com/predictions/maker-price-prediction">MakerDAO [MKR]</a> implemented an increment of its DAI Savings Rate from 0.01% to 1%.
AllianceBlock Launches Privacy-Focused Programmable Smart Crypto Wallet
<a href="https://finbold.com/review/allianceblock-review/">AllianceBlock</a>, the decentralized finance (<a href="https://finbold.com/guide/liquidity-mining-definition/">DeFi</a>) infrastructure center that creates seamless bridges between decentralized and traditional <a href="https://finbold.com/category/finance-news/">finance</a>, announced on December 14 the launch of a new privacy-focused smart <a href="https://finbold.com/guide/crypto-wallets/">crypto wallet</a>– Nexera ID.
Synthetix Releases V3 Governance Module Update but Is This Enough To Boost SNX
<a href="https://ambcrypto.com/where-will-synthetix-snx-end-up-after-the-latest-sip-276-proposal/">Synthetix</a> has slowed down in 2022 in its <a href="https://ambcrypto.com/the-defi-saga-of-rune-ldo-snx-leave-investors-in-awe/">DeFi</a> pursuits, just like many crypto networks have during the bear market. Regardless, the network remains committed to its long-term pursuits and this was evident in its latest endeavor.
