DeFi ecosystem now exceeds 2 million unique addressesThe 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. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬Korean tax officers seize $22M in crypto directly from exchange accountsSouth 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. Bitcoin is an ‘open Ponzi scheme,’ says ‘Black Swan’ authorWell-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. Algorand (ALGO) sets sights on becoming a ‘carbon-negative’ blockchainSmart 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. UK court to consider Craig Wright’s claim of ‘inventing’ BitcoinThe UK High Court has allowed Craig Wright’s lawyers to pursue legal action against the bitcoin.org website for copyright infringement. The U.S. SEC is accusing Ripple (XRP) of ‘harrassment’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. You can now trade FAANG stocks on Ethereum DeFi app SynthetixSynthetix, an Ethereum-based decentralized finance (DeFi) app, launched the full suite of its on-chain synthetic derivatives yesterday, as per an announcement. 62 detained in Turkey a day after alleged $2 billion crypto ‘exit scam’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. Hong Kong business turns to BNB and XRP payments amidst coronavirus slowdownDon’t be waiting with your credit card or fiat cash if you happen to be dining at Japanese fusion restaurant Okra in Hong Kong. OG Bitcoiner disses ‘legal tender’ and shares why NFTs are never going away
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