Decentralized exchange Curve has joined with blockchain network Elixir to expand access to decentralized finance (DeFi) for BlackRock’s tokenized money market fund, Curve said on Nov. 29.

Cointelegraph

Elixir taps Curve to bring BlackRock's BUIDL to DeFi

Curve has joined with Elixir, a blockchain network, to expand to DeFi for BlackRock’s tokenized money fund, BUIDL, Curve said on Nov. 29.

#Decentralization #blockchain

The New York Department of Financial Services (NYDFS) is expected to approve Ripple Labs’ RLUSD stablecoin — an overcollateralized dollar-pegged stablecoin — in the coming days, sources revealed to Fox Business.

Cointelegraph

New York regulator set to approve Ripple’s RLUSD stablecoin: Report

New York regulators are expected to approve Ripple Labs’ RLUSD stablecoin — a dollar-pegged asset backed by physical cash and short-term cash e...

Ken Sim, who has served as the mayor of Vancouver since 2022, announced plans for the Canadian city to add Bitcoin to its balance sheet as part of efforts to diversify its investments.

Cointelegraph

Vancouver mayor plans to introduce ‘Bitcoin-friendly city’ plans

Addressing the Vancouver City Council on Nov. 26, Mayor Ken Sim said he would introduce a motion in December aimed at making the Canadian city “B...

Many in the crypto industry are still reeling from an appellate court decision that the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) overstepped in sanctioning certain smart contracts associated with the cryptocurrency mixer Tornado Cash.

Cointelegraph

US Treasury under Trump could take a different approach to Tornado Cash

After a court decision favoring Tornado Cash users, many are speculating how the US Treasury Department under Donald Trump might change its approach.

November’s market activity has spurred a surge in stablecoin trading, buoyed by the heightened institutional confidence in the digital assets industry.

Cointelegraph

Stablecoin trading volume surges to $1.8T in November

Stablecoins trading volume saw a sharp increase in November, rising to $1.81 trillion as of Nov. 25.

In this week’s newsletter, read about how non-fungible token (NFT) sales have continued their upward momentum, and find out why Sky Mavis, the company behind Axie Infinity, laid off 21% of its workforce. In other news, crypto exchange Kraken is winding down its NFT marketplace and FIFA and Mythical Games will collaborate on a blockchain game.

Cointelegraph

NFTs hit $158M weekly sales, Sky Mavis lays off 21% of workforce: Nifty Newsletter

Kraken’s NFT marketplace will shut down while Sky Mavis lays off 21% of its staff. All that and more in this week’s Nifty Newsletter!

Bitcoin’s valuation metrics suggest the bull market is far from over and could be setting the stage for even further highs. With no signs of overvaluation typically seen at price peaks, analysts are eyeing a current potential target of $146,000 in this cycle.

Cointelegraph

Bitcoin’s metrics suggest bull market is far from overvalued

Bitcoin’s metrics show no signs of overvaluation, and analysts eye a potential target of $146,000 in this bull cycle.

President-elect Donald Trump’s team has signed an agreement with the White House unlocking key transition briefings and activities after a lengthy delay amid concerns, in part, over a mandatory ethics agreement. https://edition.cnn.com/2024/11/26/politics/trump-team-signs-transition-agreement/index.html

As Bitcoin trades near new highs, the level of financial literacy in the cryptocurrency community still leaves much to be desired, according to a new report.

Cointelegraph

Crypto literacy at ‘dangerously low’ levels, new report warns

As Bitcoin trades near all-time highs, the level of financial literacy among global crypto investors is “dangerously low,” according to PiP Wor...

Crypto exchange Kraken is shutting down its non-fungible token (NFT) marketplace just over a year after its launch.

Cointelegraph

Kraken winds down NFT marketplace

Kraken is shutting down its NFT marketplace and shifting resources to new products and services.