DZap

BlackRock, the world's largest asset manager, has announced the launch of the USD Institutional Digital Liquidity Fund in partnership with Securitize. The fund, seeded with $100 million in USDC on the Ethereum blockchain, will allow institutional investors to invest in tokenized real-world assets, although the specific assets have not been disclosed. With a minimum investment of $100,000, this move by BlackRock represents a significant step towards institutional adoption of cryptocurrencies and tokenization of traditional assets.

The recently launched Dencun Upgrade (EIP-4844) on Ethereum has introduced 'blobs' - a new storage solution for large data sets like smart contracts and transaction histories. This upgrade has significantly reduced gas fees on Layer 2 solutions like Optimism by 10-100x. On Optimism, swapping multiple tokens in a single transaction via DZap.io now costs as low as $0.05. The Ethereum Foundation is actively working to further optimize this process, paving the way for a future with minimal gas fees.

A reminder for both new and experienced DeFi traders to use a DEX aggregator like @dzap_io to find the best prices, route, and liquidity, eliminating the need for manual search. While AMM frontends like Uniswap are established, a DEX aggregator simplifies the trading process.

Blockchain modularity and meme-powered marketing are among the key trends shaping the future of crypto in 2024.

Bitcoin halving, which occurs every four years, reduces miner rewards and makes Bitcoin scarcer. Past halvings have preceded massive price surges, attracting investors and institutions. The post-2020 halving led to a surge in Bitcoin's price, institutional interest, and adoption across various sectors. The market has also matured with improved regulatory clarity. Looking forward, historical patterns suggest potential bullish trends ahead of the 2024 halving.

To calm the anxiety caused by bull runs and bear markets, consider using dollar-cost averaging (DCA) to maintain control over investments. By consistently investing the same amount over time, you can ride out market volatility and buy into the market at an average price. This strategy can be applied to cryptocurrency investments as well.

According to CoinGecko, there have been 24K cryptocurrencies listed since 2014, with an average of 7 new tokens being listed every day. However, 58% of these cryptocurrencies have failed, with over half of them being launched during the 2021 bull run. Traders are advised to be cautious when trading.

DZap V2 has launched its Meta DEX Aggregator, which sources liquidity and pricing data from multiple DEX and DEX aggregators to find the best trade execution for users. The aggregator supports 7+ different aggregators, including 1inch, Paraswap, Odos, OpenOcean, 0x, Kyberswap. It offers verified quotes and gas costs, is available in 7+ chains, and combines with Batch Swapping for advanced features. Users are encouraged to try the DEX Aggregator and provide feedback.

After a decade of proposals, the SEC has approved 11 spot Bitcoin ETFs in the U.S. This approval provides investors with a highly liquid fund that allows them to gain exposure to Bitcoin without owning the cryptocurrency directly. The approval is seen as a way to democratize access to Bitcoin and boost the legitimacy of the crypto industry.

In 2023, there were 18 DeFi exploits with over $1.3 billion stolen. Projects like Mixin Network, Yearn, Sushi, Safemoon, Euler Finance, Multichain, and Atomic Wallet were hacked. Additionally, over 324,000 crypto users fell victim to phishing scams, resulting in around $295 million in losses. To stay safe, regularly audit smart contracts, be cautious with flash loans, monitor third-party tools, beware of phishing threats, use DeFi insurance, and be cautious of free tokens.