RTFKT, the creators of non-fungible token (NFT) sneakers and avatars acquired by Nike in 2021, has announced its closure. The firm revealed in a December 2 post on X that it will wind down operations by January 2025. Final Collection and Legacy Tribute “Today, we’re announcing the plan to wind down RTFKT operations,” the post...Read More
“Coinbase just locked my account after trying to send $25,000 USDC,” reported Ethereum developer Eric Connor on Dec. 3. “Wasn’t Brian Armstrong just talking about debanking? Very cool!” he quipped. He added that the notification was “completely useless” as both paths to unlock the account required him to sign in, which he couldn’t do. “Service...Read More
Shiba Inu’s blockchain underwent a considerable upgrade today. The Heimdall and Bor hard forks are live. They aim to improve performance and stability and include an upgradeable burn contract. The Heimdall Hard Fork According to the official documentation, the latest version of the Heimdall upgrade, namely v1.07-bone has been released for the Shibarium blockchain. Amid...Read More
[PRESS RELEASE – New York, United States, December 3rd, 2024] Perennial announced the launch of Perennial Intents, a unique intents layer for perpetual futures, designed to unify DeFi’s fragmented liquidity landscape and deliver a centralized exchange trading experience on-chain. By sourcing liquidity from on-chain and off-chain venues, Perennial Intents is delivering deeper markets, better prices,...Read More
Coinbase CEO Brian Armstrong announced a bold stance against law firms hiring individuals associated with what he views as ethically questionable actions during the SEC’s “soon-to-be prior administration.” Armstrong revealed that the crypto exchange has already informed its legal partners that employing such individuals would result in the termination of their professional relationship with the...Read More
Bitcoin (BTC) currently ranges between $94,000 and $96,000, but on-chain signals suggest the cryptocurrency is on the verge of a massive breakout. Data from blockchain analytics platform CryptoQuant indicates that BTC could witness a sharp and significant uptick within the next one to two months. According to a report by pseudonymous digital asset analyst Crypto...Read More
[PRESS RELEASE – Zug, Switzerland, December 3rd, 2024] Namada, the shielded asset hub enabling shielded cross-chain transactions, has officially published its genesis block, marking the launch of its mainnet. Along with the commencement of staking and governance, this marks the start of the first phase of Namada’s five stage decentralized mainnet rollout. This marks an...Read More
The altcoin market is currently on a roll, with several cryptocurrencies skyrocketing to multi-year highs, but Ki Young Ju, the founder and CEO of blockchain analytics platform CryptoQuant, believes this altseason will not play out as traders and investors expected. In an X post, Ju insisted that this altcoin season will be “weird and challenging”...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, December 3rd, 2024] DeLorean Labs to become first token issuer on Sui Launchpad Republic, an investment platform for private market assets, in partnership with Sui Foundation, the organization dedicated to the advancement and adoption of the flourishing Sui ecosystem, today announced Sui LaunchPad, powered by Republic. The organizations are...Read More
With December historically a volatile and choppy month for bitcoin (BTC), analysts at the crypto exchange Bitfinex believe the digital asset could experience a short-term pullback; however, a shift in network dynamics could push it above $100,000. According to a weekly report, BTC could maintain upward momentum this month and rally past $100,000 if short-term...Read More
[PRESS RELEASE – New York, United States, December 3rd, 2024] Smile Shop, the premier Asian e-commerce platform, has partnered with Conflux Network, China’s only regulatory-compliant public blockchain, to launch the BitUnion prepaid card. This partnership signifies a major expansion into global digital asset payment with cards welcome in 183 countries and regions. The BitUnion prepaid...Read More
XRP reclaimed its position as the third-largest cryptocurrency by market capitalization this week after a significant rally reinvigorating investor interest. The surge has not only boosted XRP’s market cap but also its network growth as seen with its increasing wallet count. XRP Network Growth Soars According to Santiment’s latest analysis, XRP has seen an impressive...Read More
We are excited to announce that we have introduced a new address book whitelist feature on BitMEX, for our users to access more secure and convenient asset withdrawals on our platform. A TL;DR of the changes: Add whitelist addresses at the network level to cover all assets under the respective network Block withdrawal requests which...Read More
Bitcoin experienced outflows of $457 million in the past week, marking the first significant withdrawals since early September. CoinShares interpreted this figure as profit-taking after BTC tested the key psychological level of $100k. Short-Bitcoin products saw a modest inflow of $0.5 million during the past week. On the other hand, altcoins mostly attracted inflows, including...Read More
[PRESS RELEASE – Denver, USA, December 2nd, 2024] Dai Lo is thrilled to announce the successful acquisition of Fractal, which marks a pivotal moment for the future of blockchain technology and privacy innovation. After months of strategic discussions, the acquisition, completed for an undisclosed amount, positions The Dai Lo to harness Fractal’s groundbreaking ZK technology and revitalize...Read More
Cambodia has blocked 16 cryptocurrency exchange websites, including major names like Binance, Coinbase, and OKX, to regulate the fast-growing but mostly unregulated crypto market. However, while the websites are blocked, their apps still work, leaving many questioning how effective this move is. Why the Crackdown? The Cambodian government is under pressure to address its reputation...Read More
(Any views expressed here are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Want More? Follow the Author on Instagram and X Access the Korean language version here: Naver Subscribe to see the latest Events: Calendar The grippy and the...Read More
