According to a report published by cryptocurrency analytics firm Chainalysis, the region of Central, Northern and Western Europe (CNWE) has become the world’s largest cryptocurrency economy thanks to the proliferation of decentralized finance (DeFi).
Ripple has announced a “creator fund” worth $250 million to support non-fungible token (NFT) projects on the XRP Ledger. The firm said it will provide NFT artists and marketplaces with creative, financial, and technical support.
Blue-chip decentralized finance protocol Compound has suffered a possible exploit on Wednesday night, as it seemingly erroneously paid out millions of dollars worth of its COMP tokens as liquidity mining rewards.
Top stories in the Crypto Roundup today:
- European Institutional Investors Embrace DeFi
- Ripple Launches $250 Million Fund to Support NFTs on XRP Ledger
- Blue-Chip DeFi Protocol Compound Overpays Millions in COMP Rewards
- What is Staking?