Daily Crypto NewsEDITION #378, 24 December 2021

DeFi = $1 000 000 000 000

Hey Moni Maker 🤑

Today, in 1865, some people in the US created a secret racist terrorist organisation, the Ku Klux Klan. You know, crypto is not just a band-aid on the body of the old world; it is a whole new body. Crypto has no nations, no racism and no stereotypes. Yes, yes, sometimes we can make a cruel joke about someone, sometimes we can even bully a little bit. But the toxicity of crypto is nothing more than the usual quips and banter, no real hate. 

Digest stands up for the rights of all crypto ppl! After all, we have one goal and one idea. And who you are by nationality...who cares? Let's go!

Decentralized exchanges (DEXs) reported more than $1 trillion in trading volumes in the year 2021, according to The Block Research.

That figure is a massive 858% increase compared to 2020 DEX trading volumes, based on data as of December 23. Last year, DEXs facilitated over $115 billion in trading volumes.

Overall, monthly DEX trading volume peaked in May 2021 at $162.8 billion. The most considerable month-over-month growth was in January, with a 137.3% gain, per The Block Research's 2022 Digital Asset Outlook Report.

Remember when they said in 2020 that DeFi was a scam? 

Mr Pavel Durov aka Father of Virtual Democracy aka Father of Telegram has released a post about TON. Long story short: 

- Pavel has been waiting for TON to be picked up and made candy after the SEC ruined his dream 

- TON, in Pavel's opinion, is ahead of current blockchains

- Toncoin is independent of Telegram 

Waiting for a listing on Binance? On FTX, coin price soared 25% at time of writing - we dunno, check it out for yourself.

The title references the song 'Cop Killer', which Ice-T wrote. In it, he talked about brutal cops and how he was f@cked by them. But that was back in 1992, now Ice-T will help Niftify enter the US market with his appearance on the platform's collection. 

Interestingly, Niftify is also planning to launch a fiat platform to carry the mass adoption; they should also allow nocoiners to buy NFTs. 

"We want to democratize the blockchain and specifically NFTs," he said. "If we keep accepting only crypto, we will continue to speak among ourselves. If we dream of mainstream adoption, we need to roll out the red carpet, bring the confetti and allow people to swipe, tap, type, or whatever they prefer to purchase their favourite NFT."

Mr Donald Trump just recently came down on cryptocurrencies again: "I never loved it because I like to have the dollar," Trump replied. "I was never a big fan, but it's building up to bigger and bigger, and nobody's doing anything about it. I want our currency called the dollar.". That's one. 

The Russian government is rumoured to want to start banning cryptocurrencies. The State Duma may pass a corresponding bill in 2022. That's two.  

We are, of course, not Radio Free Gem or the TV channel Fox Gem so that we won't get into politics. But we advise you not to fall under the wheels of the FUD machine but to draw conclusions when there is official news. And Trump... well, Melania launches NFT and he FUDs on crypto. Maybe he and Melania just fought. :D

Yes, he left Tron, so what, leave people without announcements of announcements? Justin Sun said he was an anonymous bidder for Bezos cosmo trip and paid $28 million for a seat on the Blue Origin crew in July.

But he missed the flight then. That's why Justin Sun will go into space on a Blue Origin rocket next year, along with some five other heroes.

We don't take a negative view of Sun or Tron. Respect only. But we're tempted to make a caustic joke... If you can't make ToTheMoon in crypto, you can make it somewhere else? :)

Well, we've finally put the timecodes on the stream with li.finance CEO Philipp. What's it about? 

- Why it's not another bridge? 

- What are the problems that arose during the development of the project? 

- Will there be an airdrop? 

Watch on youtube or listen on your favorite platform

Multisig is a wallet that requires several keys to manage. For example, such a wallet can be made within a company, and to withdraw funds from it - you will need the confirmation of several directors.

And more you can find in our Glossary!

And you...buy Bitcoin! (it's a good time!)