Liquid Restaking Protocol Puffer Rakes in $1B in Deposits in Just 3 Weeks

Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users.Source

Stellar Starts Phased Rollout of ‘Soroban’ Smart Contracts

The “Protocol 20” upgrade, which adds support for Ethereum-style smart contracts to the decade-old payments-focused blockchain, had been delayed by three weeks due to precautions after a bug was found.Source

U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System

The U.S. government tagged a number of bitcoin and ether addresses as being tied to the LockBit ransomware group, which was taken down on Monday.Source

Galaxy Digital Is One of the ‘Most Diversified’ Ways to Play Crypto, Analyst Says

Investment bank Canaccord started research on the stock with a buy rating and C$17 per share price target, implying 30% upside.Source

Mastercard’s Latest Crypto Loyalty Scheme Aims to Plug Google Pay Gaps

Mastercard is working with emerging markets-focused mobile payments app Swoo Pay to offer loyalty rewards in cryptocurrency.Source

Hong Kong’s Central Bank Issues Guidance for Firms Offering Crypto Custodial Services

Hong Kong’s central bank issued guidance for authorized institutions interested in providing custody services for digital assets.Source

Ether Hits $3K for First Time in Nearly 2 Years Amid Rising ETH ETF Excitement

The price of ether, the native token to the Ethereum network, rose past $3,000 for the first time since April 2022 on Monday, continuing a recent hot streak.Source

South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections

South Korea’s ruling political party and its opposition party are making poll promises related to crypto ahead of the national elections later this year scheduled for April 10.Source

First Mover Americas: Ether Flirts With $3K

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Australians More Likely to Invest in Spot Bitcoin ETFs After U.S. Approval: Study

The U.S. approval of spot bitcoin exchange-traded funds (ETFs) appears to have had a significant positive impact on the view Australians hold of both cryptocurrencies and bitcoin.Source