Thursday, September 28, 2023
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | Closing Up Shop In Russia
Binance, the world's largest cryptocurrency exchange, is completely exiting the Russian market due to ongoing legal risks. It has sold its Russia business to the cryptocurrency exchange CommEx.
Last month, Binance's peer-to-peer service removed five sanctioned Russian banks from its platform, which had allowed users to transfer rubles to each other. Additionally, The Wall Street Journal reports that Binance was facilitating money transfers out of Russia.
In today's news, Curve founder settled his debt on Aave, Chainlink launching CCIP on Base, and BONE's contract fully renounced.
Read on!
| | Top Crypto Funding Rounds | | The 50 biggest crypto funding rounds saw anywhere between $170M to $900M raised in a single round, with now-bankrupt FTX, blockchain game platform Forte and NFT marketplace Sorare in the lead.
23 of the funding rounds were completed in 2021 and another 18 in 2022, as compared to just 2 rounds completed this year. |
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| | 24h Hot Searches Worldwide ðĨ | | |
Buckle up and get ready! CoinGecko's Virtual Meetup is back again! For Meetup #28, we'll be hosting the RWA Roundup! The RWA RoundupIn 2023, the tokenization of off-chain assets such as real estate, equities, and even US treasuries has surged in popularity, resulting in the exponential growth of Real World Assets (RWAs) in crypto. With on-chain returns dwindling, RWAs have become an alternative source of yield for crypto users that would otherwise be inaccessible to the average retail participant.
Join us in our next Virtual Meetup #28, where we'll discuss the latest news in the RWA sector. Will RWAs act as a gateway for institutions to finally make their first foray into crypto? What's next for RWAs, and what can we expect in the near future? Date: Thursday, 28 September 2023 Time: 09:00 AM EDT (UTC -4) [Check your local time]
Tune in for our Virtual Meetup #28, featuring an exciting panel of speakers: | | | |
While Arbitrum and other new L2's may have been stealing the spotlight for a while, Optimism has been busy at work buidling. Learn about all important updates and upgrades to the Layer 2. | | | Debt Repaid!
Curve founder Michael Egorov has deposited 68 million CRV tokens, equivalent to $35 million, to settle his entire debt position on the DeFi lending platform Aave.
After depositing the CRV tokens, Egorov converted 10.77 million crvUSD to Tether (USDT) to fully repay his debt on Aave.
The Block | | Connecting Base
Decentralized oracle network Chainlink has introduced its Cross-Chain Interoperability Protocol (CCIP) on Base, an Ethereum Layer 2 scaling platform developed by Coinbase.
This integration enables developers using Base to create cross-chain applications and services that can communicate, transfer tokens, and perform other transactions across various blockchain networks securely.
Decrypt | | Contract Renounced!
The Shiba Inu (SHIB) ecosystem token, Bone (BONE), experienced a 10% increase in value over the past 24 hours, making it one of the more notable gainers in a generally subdued crypto market.
This surge in trader sentiment may have been fueled by the news that the deployer contract for Bone tokens has been fully renounced, enhancing its security. Consequently, trading volumes for Bone tokens increased by over $3 million compared to the previous day.
CoinDesk
| | | DeFi blue chips offer investors a safer bet to gain exposure to the world of decentralized finance. In today's article, we look at 8 DeFi blue chip projects based on their ability to generate fees and drive organic activity.
Learn more about these projects here: https://gcko.io/af9ts1e |
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