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TVL in DApps Hits $26 Billion Amidst Market Developments

Despite challenges, Ethereum’s total value locked in DApps reaches a new high of $26 billion, bolstered by a strong NFT market presence and upcoming network advancements, illustrating its robust growth and innovation in the cryptocurrency landscape.

Ethereum Exhibits Bullish Trend as Cancun Upgrade Looms

Ethereum (ETH) has been exhibiting a bullish pattern, reaching a peak value of $2,041 on November 20, 2023. As the second-largest cryptocurrency by market capitalization, Ethereum’s market cap has climbed to $242.34 billion, with a 24-hour trading volume of $12.07 billion​​​​​​.

UK's Financial Authorities Seek Feedback on Stablecoin Regulation Framework

The FCA and the Bank of England are calling for industry feedback on their proposed stablecoin regulation framework, aimed at targeting systemic payment systems and ensuring financial stability. The move marks a significant step in the UK’s efforts to establish a safe and regulated environment for digital currencies.

FTX Founder Sam Bankman-Fried Convicted in High-Profile Crypto Fraud Case

In a landmark decision, Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, has been convicted on multiple charges of fraud and conspiracy. The verdict marks a pivotal moment for accountability in the cryptocurrency industry as customers and investors look towards restitution.