Bank of America launched its digital asset research with the publication of a report that discusses the utility of tokens, DeFi apps, stablecoins and NFTs. (BofA

In the past 12 months Ethereum settled $6.2 trillion in transactions. This figure is up 369% compared to 2020, and was powered by a strong Q3 where Ethereum settled $1.5 trillion. (Twitter

Grayscale adds Solana (SOL) and Uniswap (UNI) to its $495M investment fund, a rebalancing effort that  reflects how other projects are challenging Bitcoin’s dominance. (Decrypt

If China’s crypto ban is part of a global battle over freedom and ideology, then can the US edge out a competitive advantage? This is the case for America’s “soft power opportunity.” (Forkast

NFTs are coming to the most popular social media platform on earth. Popular TikTok videos will be issued as NFT collectibles on Immutable X, a layer-2 scaling solution for Ethereum. (Decrypt) 

Société Générale, the third-largest bank in France, has proposed to borrow Dai stablecoin in DeFi protocol MakerDAO using bonds it issued on the Ethereum blockchain as collateral. (Defiant

Seven different “Ethereum killer” competitor blockchains have rolled out rewards programs to encourage DeFi developers to migrate to their chains. It’s working, but can it be sustained? (The Block

The post appeared first on - The Next Generation Crypto-Currency Exchange.