Trading volume on Upbit, South Korea’s largest cryptocurrency exchange, surged approximately 1,318.8% in the last 24 hours to reach roughly $4.243 billion, …
Billion
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For the past year, Tether’s growing gold stockpile has been viewed largely as a defensive move. The stablecoin giant quietly accumulated around …
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Markets
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
by shayaanby shayaanThe market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022’s Terra-Luna crash, but stablecoins will likely …
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Markets
Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus
by shayaanby shayaanMigrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, …
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The cumulative fee revenue generated by decentralized finance (DeFi) protocols from the start of 2023 through May 2026 has reached approximately $25 …
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Smart Contracts
Paradigm Raises $1.2 Billion Fund as Crypto VC Pushes Further Into AI
by shayaanby shayaanIn short Paradigm announced a fourth $1.2 billion fund focused on crypto, AI, robotics and other technology startups. The crypto VC firm …
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Markets
Crypto VC Paradigm launches $1.2 billion AI fund as it broadens beyond digital assets
by shayaanby shayaanThe firm’s latest fund backs AI and robotics startups but leadership says it remains committed to crypto investing. www.coindesk.com
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In brief Bitcoin ETFs have generated $510 million in net inflows over the past three days. Sentiment could be turning a corner, …
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Markets
SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
by shayaanby shayaanSpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion. www.coindesk.com
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Finance
Securitize Becomes Largest Tokenized Stock as Sector Transfer Volume Hits $8.47 Billion
by shayaanby shayaanThe company’s ticker, SECZ, began trading on the New York Stock Exchange (NYSE) on Thursday, July 2, after Securitize closed its business …