Ethereum L2s surpass record $51B TVL after 205% yearly growth
    29 Nov 2024
    45 Views

    The Ethereum ecosystem is seeing increasing value growth, showing more investor interest in Ethereum-native assets. Ethereum layer-2 (L2) networks have reached a new all-time high of more than $51.5 billion in cumulative total value locked (TVL). This marks an over 205% increase in cumulative TVL, from just $16.6 billion in November 2023, L2beat data shows. L2…

    Hong Kong proposes tax breaks to attract crypto hedge funds, investors
    29 Nov 2024
    42 Views

    Hong Kong has proposed exempting cryptocurrency gains from taxes for hedge funds, private equity and family investment vehicles to strengthen its position as a leading crypto financial hub. The proposal, currently open for a six-week consultation, also includes exemptions for investments in private credit, overseas property and carbon credits, according to a report by the Financial Times….

    Cardano founder predicts Bitcoin DeFi will dominate crypto within 3 years
    29 Nov 2024
    47 Views

    Cardano founder Charles Hoskinson said decentralized finance in the Bitcoin ecosystem will eclipse all other crypto DeFi within two to three years. He touted the potential for Bitcoin DeFi while making a bold price prediction and highlighting a new model for bridging Bitcoin without using centralized exchanges. “I started in the Bitcoin space and I…