This week’s edition of wNews dives into why Ethereum and DeFi are currently surging.

Bitfinex and Tether have settled the $750 million loan between the firms which was the foundation of NYAG's infamous claims.

With the transition to the Solana blockchain, Hxro plans to function as a decentralized derivatives trading platform.

U.S. state government in Wyonming has moved to grant company status to decentralized organizations (DAO) run on the blockchains like Ethereum.

Ethereum is going through an impressive bull rally fueled by FOMO among investors and an incoming ETH futures launch on CME.

Ripple reported a strong Q4 2020 in terms of XRP sales, with more On-Demand Liquidity (ODL) customers and increased trading volumes.

Elon Musk has thinks that crypto is likely to be "the future currency of earth." He also acknowledged the risk of investing in crypto assets.

Linkin Park musician Mike Shinoda has minted his first NFT. $30,000 from the sale of the digital collectible will be donated to charity.

A new Yearn Finance vault has enabled the highest yielding pool, WETH-yveCRV, on Sushiswap DEX in accord of the partnership formed last year.

Cardano soared over 90% last week. It's now the fourth biggest cryptocurrency by market cap, overtaking Ripple.

The world's biggest derivatives exchange has launched Ether futures. Trading on the digital asset is live on CME Group.

Tesla has revealed a January Bitcoin investment of $1.5 billion and also enabled BTC payments for its products in a limited form.

Derivatives exchange FTX has launched a foundation for charitable purposes and promised 1% of exchange revenue towards the organization.

Bitcoin has overtaken Facebook to become the world's 8th most valuable asset by market cap at $809 billion. Tesla is next on the list.

Blockfolio has suffered a major hack. An attacker infiltrated the app to post racist messages and titles on cryptocurrencies.

The St. Louis Federal Reserve wrote a rather cautious review of DeFi, citing its potential to transform finance if it can overcome issues.

Bitcoin has led gold as an inflationary hedge since the last quarter of 2020. Now its taking on the U.S. dollar as a reserve currency.

A group of celebrities from the crypto, sports, and music industries are joining a new charity NFT project. Ethernity will launch soon.

Tezos is the second blockchain platform after Ethereum to join online NFT marketplace OpenSea, as XTZ tokens aims for all-time highs.

Twitter CEO Jack Dorsey has donated $1 million to Coin Center, the think tank working to bring fair government policy to the crypto space.

Fans can join the Celebrity World Pong League, which stars Post Malone among others, by accessing Ethereum-based NFT issued by Fyooz.