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Why Bitcoin's DeFi Boom Took Years: Solv Protocol's Ryan Chow Spills The Details
Saturday, March 1, 2025 - 3:56pm | 588Bitcoin's (CRYPTO: BTC) towering $1.5 trillion market cap has long outpaced its rivals, yet its decentralized finance (DeFi) utility has lagged due to slow infrastructure development and regulatory hurdles, according to Ryan Chow, co-founder of Solv Protocol Speaking from his vantage point at Solv...
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DeFi Under Threat: SushiSwap Hit By Exploit, Ledger Connect Kit Vulnerability Exposed
Thursday, December 14, 2023 - 10:13am | 552In a significant development impacting the decentralized finance (DeFi) sector, the decentralized exchange SushiSwap (CRYPTO: SHUSHI) has reportedly fallen victim to a front-end exploit. Matthew Lilley, the Chief Technology Officer (CTO) of Sushi, issued a warning about a widespread...
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Fireblocks Acquires BlockFold To Forge A Tokenization Juggernaut
Friday, September 29, 2023 - 10:16am | 525Crypto custody company Fireblocks on Friday announced its acquisition of BlockFold, a smart contract development and consulting firm, in a deal valued at $10 million that seeks to amplify the former's' capabilities in the realm of tokenization. As the digital transformation of financial...
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Crypto Needs A New push - Radix's Intuitive New Smart Contract Language Might Just Be It
Wednesday, November 23, 2022 - 11:26am | 1640The virtual world is getting ready for what could be the next big thing. And if you have been keeping pace with the latest developments on the internet, you have probably heard of Web 3.0. Curious about what’s going to happen next for crypto? Join RadFi2022 on December 8 where Radix will...
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Ethereum Is 'Blue Chip Blockchain,' Could See Significant Value Boost: Canaccord Analysts
Friday, September 9, 2022 - 7:05am | 866Cryptocurrency Ethereum (CRYPTO: ETH) and the smart contract ecosystem were sized up by Canaccord Genuity in a new note. Here’s a look at where analysts Michael Graham and Joseph Vafi see future value in them. Fifth Wave Of Computing: Web1...
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Ethereum Could Replace Bitcoin As The Dominant Store Of Value, Says Goldman Sachs
Wednesday, July 7, 2021 - 11:34am | 398Wall Street banking giant Goldman Sachs Group Inc sees potential in Ethereum (CRYPTO: ETH) becoming a better-suited store of value than market-leading cryptocurrency Bitcoin (CRYPTO: BTC). What Happened: In a report seen by Business Insider, the bank highlighted Ethereum’s utility...
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Goldman Sachs Trades Tokenized Treasury Bonds On JPMorgan's Private Blockchain Network For The First Time
Wednesday, June 23, 2021 - 9:06am | 365Goldman Sachs Group Inc (NYSE: GS) has made its first trade on JPMorgan Chase & Co. (NYSE: JPM) private blockchain network. What Happened: A report from Bloomberg revealed that the repo trade was conducted on June 17, and the transaction was completed after three hours and five...
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BitDAO Crypto Organisation Launches With $230 Funding From Peter Thiel, Alan Howard And Others
Wednesday, June 16, 2021 - 3:00pm | 334A decentralized autonomous organization (DAO) called BitDAO was launched after closing a $230 million private sale from major investors and companies from the cryptocurrency space. What Happened: According to an announcement shared with Benzinga on Wednesday, BitDAO received contributions...
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Google Cloud Adds Support For Polygon Blockchain Network Data
Saturday, May 29, 2021 - 11:58am | 293Google BigQuery — a cloud offering meant to enable big data analysis by Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) — now added support for data from the Polygon (CRYPTO: MATIC) Ethereum-linked blockchain. What Happened: According to an announcement shared with Benzinga, Google...
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Polygon (MATIC) Launches Kit For Quick Ethereum-Connected Chain Deployment, Price Grows 20%
Wednesday, May 26, 2021 - 7:30pm | 311Ethereum-scalability blockchain Polygon (CRYPTO: MATIC) launched a new solution to allow developers to launch blockchains connected to Ethereum quickly. What Happened: According to an announcement shared with Benzinga, Polygon's new software development kit allows developers to...
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Ethereum Crosses $1,800 — Leading The Way For Smart Contract Platforms Amid Tesla-Bitcoin Focus
Tuesday, February 9, 2021 - 5:23am | 245Ethereum (ETH) hit a new all-time high of $1,823.80 at press time, up nearly 12% over 24 hours. The cryptocurrency backs the namesake blockchain platform and has a market capitalization of $205.9 billion — next only to that of Bitcoin (BTC), as per Messari data. Other smart contract platforms...
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Ethereum Hits All-Time High (Again) As Bitcoin Remains Muted
Sunday, January 24, 2021 - 9:59pm | 174Ethereum (ETH), the world’s second-largest cryptocurrency in terms of market capitalization, hit an all-time high of $1,439.94 at press time late Sunday. Bitcoin (BTC) traded 2% higher at 32,819.76, which is about 20.8% lower than the all-time high of $41,429.38 it hit earlier this month. See...
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Bitcoin Rally Pause Gives DeFi, Smart Contract Cryptos The Time To Shine
Monday, January 18, 2021 - 10:13pm | 286Bitcoin (BTC) rally might have taken a pause over the last week, but that is no cue for other cryptocurrencies, often referred to as “altcoins.” While the world’s apex cryptocurrency is up 6% over a period of seven days at $36,926.71 at press time, several altcoins have almost...