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)
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