The Ethereum Foundation is allocating 50,000 $ETH (around $165.3 million) to participate in DeFi via a multisig wallet on Safe, with an initial transaction to Aave. This move aims to bolster its treasury amid leadership changes. #Breaking #Crypto $ETH (+8) ↗
Bitcoin DeFi takes center stage as a wave of new projects and innovations, such as @Stacks and @RSKsmart, bring increasing utility to the Bitcoin ecosystem, enhancing its financial infrastructure. #Update #Crypto $BTC (+3) ↗
Bitcoin DeFi TVL surged 2,000% in 2024 due to Bitcoin staking advancements, spot Bitcoin ETFs launch in the US, and $BTC’s price rally. #Update #Crypto $BTC (+7) ↗
President-elect Donald Trump’s memecoin, $TRUMP, surged to a $13.5 billion market cap, entering the top 20 coins on CoinGecko, with major exchanges like Binance listing it. However, insider token unlocking may impact its stability soon. #Update #Crypto $TRUMP (+6) ↗
@EvaaProtocol secures $2.5M to launch its token and expand DeFi services on the TON network with support from Polymorphic, TON Ventures, and Animoca Brands, marking a significant milestone for the ecosystem. #Update #Crypto (+6) ↗
Bitcoin DeFi TVL surged 2,000% due to Bitcoin staking advancements, US spot Bitcoin ETF launches, and $BTC’s soaring 2024 prices. #Update #Crypto $BTC (+5) ↗
@Aave tokenholders are debating a proposal to enter Bitcoin mining, with some questioning its profitability for the DeFi lending protocol. #Update #Crypto $AAVE (→ 0)
@Coinbase now offers Bitcoin-backed onchain loans up to $100,000 in $USDC, powered by DeFi protocol Morpho. This service facilitates decentralized borrowing using Bitcoin as collateral on the Base network. #Update #Crypto $BTC (+4) ↗
Crypto strategist Bluntz highlights @AaveAave’s potential for a 56% rally, noting bullish signs on the eight-hour chart against both the US dollar and $BTC, suggesting AAVE/BTC may outperform Bitcoin. #Update #Crypto $AAVE (+3) ↗
@BitMEX has been ordered by Judge John G. Koeltl to pay a $100 million fine for money laundering violations, marking a significant legal setback for the exchange despite previous penalties and compliance improvements. #Breaking #Legal (-9) ↘
@WorldLibertyFi, linked to US President-elect Donald Trump, clarified $60M Ethereum transactions as routine treasury management, dispelling asset sale rumors. Lookonchain revealed WLFI’s significant crypto moves amid a $5M loss. #Breaking #Crypto $ETH (-8) ↘
@Startup1 and @Startup2 collaborate to introduce a solution verifying total value locked (TVL) claims in Bitcoin decentralized finance projects, addressing concerns over inflated figures in the $30B ecosystem. #Update #Crypto $BTC (-3) ↘
Singapore has banned access to @Polymarket as part of a crackdown on unlicensed online gambling, affecting 3,800 sites and blocking $37M in transactions. Violators face fines or imprisonment. #Update #Legal (+6) ↘
Proponents of decentralized finance believe AI-powered tools could enhance security and counter cybercriminals, as @Peckshield reports $3.01 billion in digital assets were stolen in 2024. #Update #Crypto (+6) ↗
