December 17, 2024

Prometheum Files Lawsuit Against Critic Matthew Blumberg Amidst Scam Accusations

Federally approved digital asset securities platform Prometheum has filed a defamation lawsuit against crypto commentator Matthew Blumberg. The dispute stems from a November 6 post on X, where the critic accused the firm of operating “an illegal unregistered commodities exchange” and engaging in shady dealings with the U.S. Securities and Exchange Commission (SEC). Free Speech...
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USDT Transfer Volume on TRON Reaches All-Time High of $587.2B

The TRON blockchain has achieved a remarkable feat, processing $587.2 billion in USDT transfers during November 2024. This all-time high (ATH) reflects significant growth compared to $424.4 billion in September and $489.3 billion in October. TRON’s Stablecoin Boom The figure, captured by CryptoQuant analyst Maartunn, is noteworthy, considering in July 2019, the network only managed...
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Shardeum Launches Final Stage of Incentivized Testnet Ahead of Mainnet Release

[PRESS RELEASE – New York, New York, December 17th, 2024] Shardeum reaches another key milestone on its roadmap to Mainnet Shardeum, an autoscaling layer-1 blockchain ecosystem, announces the launch of Stage 4 of its Incentivized Testnet (ITN), which commenced today, Tuesday, December 17th, 2024. ITN Stage 4 will continue to test for any vulnerabilities and...
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Everything You Need to Know About Avalanche9000 Network Upgrade with Etna on Mainnet

The Avalanche Foundation has launched its most significant network upgrade to date, Avalanche9000, introducing the Etna upgrade to its mainnet. It marks a fundamental shift in the Avalanche ecosystem by simplifying the process of launching Layer 1 blockchains, removing the complexities of the previous Subnet model. AVAX’s price remained largely unfazed despite the major overhaul....
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Lido Announces Phase-Out of Polygon Liquid Staking Protocol After Community Vote

Lido, the prominent liquid staking protocol, has announced the discontinuation of its liquid staking protocol on Polygon, marking the end of its operations over the coming months. Following extensive discussions on the DAO forum and a community vote, LDO token holders officially approved the decision to phase out Lido on Polygon. The process is set...
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Saga Launches Mainnet 2.0 to Transform Blockchain Economics, Partners with Uniswap

[PRESS RELEASE – USA, USA, December 17th, 2024] Saga, the Layer 1 blockchain protocol to launch Layer 1s, today announced its Mainnet 2.0, setting the stage for a fundamental transformation in how the blockchain industry approaches liquidity. The growing number of independent blockchains has created unprecedented challenges for liquidity management and cross-chain operations. This major...
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sBTC Launches on Stacks Mainnet With Deposit-Only Functionality

Bitcoin L2 Labs, the development firm behind Bitcoin layer-2 Stacks, has announced the mainnet release of sBTC, Stacks’ programmable 1:1 BTC-backed asset. sBTC allows the decentralized movement of BTC in and out of Bitcoin layers. With sBTC, investors can access decentralized finance (DeFi) applications while maintaining Bitcoin’s core security principles. Its mainnet release follows the...
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Xterio Partners with Reka to Build Emotionally Intelligent AI Agents for Gaming and Beyond

[PRESS RELEASE – Singapore, Singapore, December 17th, 2024] Xterio aims to redefine AI-human interaction with emotionally adaptive companions that evolve with users. In an era where artificial intelligence is reshaping industries, Xterio is taking a bold step forward by partnering with Reka, a leading AI startup, to develop emotionally intelligent AI agents that promise to...
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Bitcoin Still in Bull Phase But Far From Euphoric Peaks: Bitfinex Alpha

Bitcoin is currently trading above $107,000, but analysts at the cryptocurrency exchange Bitfinex say the asset is still far from “euphoric peaks.” Historical data cited by the analysts suggest the crypto market is in the middle of the bull phase and could peak in Q3 or Q4 2025, roughly 450 days after the April 2024...
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Top 10 Largest Bitcoin Holders: Governments, Exchanges, and Billionaires Exposed!

A person who bought Bitcoin at the start of this year may have seen a growth of at least 152.1% in its value. It’s impressive, isn’t it? Recently, Bitcoin achieved a crucial milestone of $100K. Currently, the market shows an extremely bullish outlook. Reports indicate that long-term investors are highly enthusiastic about the achievements the...
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Coming Soon: PENGUUSDT Perpetual Swap Listings With Up to 50x Leverage 

A new perp listing for PENGU – PENGUUSDT – will be available to trade on BitMEX, with up to 50x leverage. Trading will start here at 04:00 UTC on 18 Dec 2024.  If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you...
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Google Cracks Quantum: Is Your Bitcoin In Jeopardy?

Bitcoin’s price barreled upward Monday on increasing crypto exchange volume, with a +3% daily green candle and a +10% weekly jump. BTC whale wallets surged in accumulation as president-elect Donald Trump reaffirmed on CNBC that his administration plans to establish a strategic Bitcoin reserve. “We’re gonna do something great with crypto because we don’t want...
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Upbit’s MOCA Listing Sparks 7,500% Trading Volume Explosion

Prominent exchange listings often ignite massive price surges for lesser-known tokens, especially during a bull market. South Korean crypto exchange giant Upbit’s announcement to list MOCA Network (MOCA), for one, has had a dramatic effect on its market performance. Whale Moves Millions in MOCA After Upbit announced the listing of MOCA, its price surge prompted...
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Bitcoin (BTC) $ 105,355.23 0.86%
Ethereum (ETH) $ 3,867.48 3.60%
XRP (XRP) $ 2.56 3.29%
Tether (USDT) $ 0.999963 0.00%
Solana (SOL) $ 218.83 2.36%
BNB (BNB) $ 716.16 0.91%
Dogecoin (DOGE) $ 0.392366 2.09%
USDC (USDC) $ 0.999561 0.01%
Lido Staked Ether (STETH) $ 3,863.63 3.60%
Cardano (ADA) $ 1.05 2.11%