Ohio State Representative Derek Merrin has introduced House Bill 703, known as the Ohio Bitcoin Reserve Act, in a bid to authorize the state treasurer to invest public funds in BTC. The latest initiative is announced as part of Merrin’s broader vision to leverage innovative financial solutions. The legislation provides the framework for Ohio to...Read More
[PRESS RELEASE – Dubai, India, December 18th, 2024] Sophon has launched its mainnet, introducing the first-ever Validium on ZKsync powered by Avail DA. With over $500M in Total Value Locked (TVL) through the Sophon farming program, and a growing ecosystem of established partners, Sophon is paving the way for scalable, consumer-focused blockchain applications. The launch...Read More
[PRESS RELEASE – Singapore, Singapore, December 18th, 2024] dTRINITY, a next-generation stablecoin liquidity protocol, has announced its mainnet debut on the Fraxtal L2 network. The platform is designed to lower interest expenses and improve yields for stablecoin users, addressing the key challenge of rising credit costs in DeFi. At the core of dTRINITY is a...Read More
Bitcoin’s (BTC) climb to record levels has lifted the crypto market, and as the year wraps up, it’s sparking strong bullish sentiment for the future. In the backdrop, there has been a significant surge in Tether (USDT) inflows to exchanges. This stablecoin movement aligns with the ongoing crypto bull rally, which has been underway for...Read More
The ongoing bullish crypto market trends triggered by Donald Trump’s recent presidential election victory may be shortlived, according to Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX. In his latest article, Hayes noted that the crypto market may face a significant downtrend around January 20th, the same day Trump will be inaugurated...Read More
Coinbase has issued a rebuttal to a lawsuit by BiT Global, a Justin Sun-affiliated entity, challenging the exchange’s decision to delist Wrapped Bitcoin (WBTC). Paul Grewal, the firm’s Chief Legal Officer, announced the filing on X, saying that his company had offered its response to BiT Global’s effort to stop the delisting of WBTC before...Read More
New Solana layer 2 blockchain Solaxy ($SOL) has raised $1.1 million in the past 24 hours, taking its total raise to $1.7 million. The presale started just five days ago, showing a considerable appetite for this new project among investors. It’s currently available to buy at a price of $0.001566, but this will rise throughout...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, December 18th, 2024] Sui developers can soon integrate Bitcoin’s security and liquidity into their apps, with many of Sui’s top protocols on board Sui is rapidly moving in on Bitcoin DeFi (BTCfi). After announcing that Bitcoin staking was coming to Sui, the Layer 1 blockchain delivering unparalleled performance...Read More
[PRESS RELEASE – Dubai, UAE, December 18th, 2024] SIDUS HEROES is revolutionizing the blockchain gaming industry with its expansive space-themed metaverse ecosystem, designed to provide players with a deeply immersive gaming experience. By merging cutting-edge blockchain technology with dynamic storytelling, the platform creates opportunities for users to engage in interplanetary exploration, manage resources, and connect...Read More
PENGU, the newly-launched cryptocurrency of the Pudgy Penguins ecosystem, suffered a sharp decline in value a day after it went live. At the time of writing, data from CoinGecko showed that the token had fallen by 57.8% within 24 hours to settle at $0.02892. Airdrop Aftermath The highly-anticipated airdrop launched on December 17 saw about...Read More
[PRESS RELEASE – Wilmington, Delaware, December 18th, 2024] Silencio Network, the world’s largest decentralized environmental intelligence platform, has successfully closed a $2.5 million Seed funding round, solidifying its position as the leading innovator in decentralized infrastructure. Led by Blockchange Ventures, this round brings together continued support from Borderless Capital and Master Ventures, alongside new strategic...Read More
[PRESS RELEASE – Mahe, Seychelles, December 18th, 2024] Wanchain’s platform native token, $WAN, has been officially listed on the BYDFi crypto exchange. Users can now buy, sell, and manage $WAN through the BYDFi platform. Wanchain is the first decentralized blockchain interoperability solution in the world. It helps anyone to move their assets across 39 blockchains...Read More
Japanese-listed company Metaplanet announced on December 18 that it will formally run Bitcoin Treasury Operations as a new business line. This move, approved by the firm’s board of directors, is part of its broader strategy to integrate Bitcoin into its financial framework. Details of the New Venture The announcement, shared in a post on X,...Read More
[PRESS RELEASE – Kingstown, St. Vincent and the Grenadines, December 17th, 2024] MINGO, a digital wallet built on the Hedera Hashgraph network, introduces an NFT-based Programmable Digital Ticketing (PDT) system to innovate the ticketing industry. By addressing critical issues such as fraud, scalping, and resale inefficiencies, MINGO delivers a secure and transparent solution trusted by...Read More
FTX and its affiliated debtors have announced that their Chapter 11 reorganization plan will officially take effect on January 3, 2025. This day has also been designated as the initial distribution record date for those holding allowed claims in the plan’s convenience classes. Distribution Details According to a press release, payments for these claims are...Read More
Ethena Labs officially launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), on December 16th. Developed in partnership with Securitize, USDtb is designed to operate like existing fiat-backed stablecoins such as USDC and USDT, with reserves invested in cash or cash-equivalent assets to maintain a 1:1 value ratio. USDtb Debuts...Read More