What are crypto liquidity pools? Crypto liquidity pools, which facilitate decentralized trading and other financial operations in decentralized finance (DeFi), are collections of cryptocurrency funds secured by smart contracts. They enable users to trade directly against the pool’s liquidity, thus eliminating the need for traditional order books. Funds in the liquidity pools are supplied by participants known as…
Spacecoin XYZ has launched its first-ever satellite into orbit, marking the project’s first step toward bringing a fleet of satellites online that would allow blockchain networks to be secured in outer space. Speaking to Cointelegraph, Spacecoin XYZ co-founder Daniel Bar said the first officially standardized satellite was the first major milestone in bringing the “Spacecoin…
The entire crypto industry faced threats of debanking under Operation Chokepoint 2.0. Jason Lau — the chief innovation officer at crypto exchange and self-custody wallet provider OKX — told Cointelegraph that fostering relationships with banks and keyholders was a hedge against debanking. Lau said the traditional financial world is heavily based on trust and that…
Stablecoins locked onto Ethereum layer-2 networks have reached a new all-time high, showcasing rising demand for cryptocurrencies. The stablecoin supply to all blockchains combined is dominated by Tether, USD Coin and Ethena’s stablecoin, USDe. As of Dec. 20, the Ethereum blockchain held $13.5 billion worth of stablecoins, according to data from Tie Terminal, a crypto data platform…
Bitcoin exchange-traded funds (ETFs) faced a significant sell-off on Dec. 19, reaching net outflows of a record $671.9 million, marking the largest single-day outflow event of the year. According to Farside Investors data, the biggest outflows came from Grayscale’s GBTC, shedding $208.6 million, followed by ARK Invest’s ARKB, which fell $108.4 million. The fallout of these…
2024 will be remembered as one of the most transformative periods in the global crypto regulatory landscape. As crypto assets continue steadily into mainstream finance, policymakers worldwide are stepping up with comprehensive rules. From the United States president-elect pledging a strategic Bitcoin reserve to the European Union’s rigorous Markets in Crypto-Assets (MiCA) directive, regulators made…