December 19, 2024

Osprey Funds Launches First US Publicly Quoted BNB Trust

Osprey Funds, LLC, a U.S.-based crypto investment firm, has announced that the Osprey BNB Chain Trust is now publicly quoted on the OTCQX® Best Market. Interestingly, the fund happens to be the first in the US to provide exposure to BNB, the native token of the BNB Chain ecosystem. It aims to offer a way...
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Is Mt. Gox Behind $1.18 Billion Crypto Liquidations? Here’s What Happened

The overall cryptocurrency market experienced a significant price decline, resulting in billions of dollars worth of crypto liquidations. This market crash began shortly after Jerome Powell’s anti-crypto stance following the Fed rate cut and the recent transfer of $100 million worth of Bitcoin (BTC) by the defunct cryptocurrency exchange Mt. Gox. Mt Gox $100M BTC...
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Meme Coins Overtake BTC, BNB in Popularity Among Crypto Holders: Binance

Cryptocurrency enthusiasts are turning to meme coins over traditional assets like Bitcoin (BTC) and Binance Coin (BNB), according to the latest study conducted by Binance. The findings, released on December 18 as part of the Binance Global User Survey, sampled over 27,000 customers across Asia, Australia, Europe, Africa, and Latin America. Meme Coins Outpace Bitcoin...
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Milestone Onchain Loan Backed by Real Land in Los Angeles

[PRESS RELEASE – Whittier, California, December 19th, 2024] NFTfi.com, a leading NFT lending protocol, and Fabrica, a real land tokenization platform, today announced a $200,000 loan secured by a tokenized plot of Los Angeles real land. This milestone transaction marks the largest land-backed loan in blockchain history and demonstrates the growing practical application of decentralized...
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wBTC Delisting Stands: BiT Global’s Legal Challenge Fails

A federal judge in California has denied BiT Global Digital Ltd.’s request for a temporary restraining order (TRO) to prevent crypto exchange Coinbase from delisting wrapped Bitcoin (wBTC) from its platform. US District Judge Araceli Martínez-Olguín ruled Wednesday that BiT Global failed to present sufficient evidence to demonstrate “imminent irreparable harm” if the delisting proceeds....
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Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion Secured by Polkadot

[PRESS RELEASE – Zug, Switzerland, December 19th, 2024] Acurast, a leader in decentralized confidential cloud computing, announces the launch of Acurast Processor Lite for iOS, now available on the Apple App Store. This application allows iPhone users to share their device’s computing power with Acurast’s decentralized confidential cloud network, offering an opportunity to earn rewards...
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WhiteBIT’s Institutional Focus Drives Trading Volume to Record $2.7 Trillion in 2024

[PRESS RELEASE – Vilnius, Lithuania, December 20th, 2024] Europe’s leading cryptocurrency exchange, WhiteBIT, concludes the year with notable achievements. The latest estimates reveal the company’s capitalization has reached $38.9 billion, while the annual trading volume surged to $2.7 trillion — a 200% increase compared to the previous year. These figures encompass all exchange markets (spot...
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Mira Leads Decentralized AI Wave as Node Delegator Program Sells Out Instantly

[PRESS RELEASE – Singapore, Singapore, December 19th, 2024] Mira Network, a pioneer in trustless AI systems, announced that its highly anticipated Node Delegator Program’s Drop 1 reached its full capacity of $250,000 in contributions within a few hours of launch, demonstrating market interest in decentralized AI infrastructure. The program, which opened for whitelist participants on...
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Boost VC Invests in PoSciDonDAO, Welcoming It to Their Go-To-Market Program

[PRESS RELEASE – Panama City, Panama, December 19th, 2024] PoSciDonDAO has announced that Boost VC has invested in the project, representing a significant step forward in its mission to decentralize scientific research and innovation. The investment includes PoSciDonDAO’s acceptance into Boost VC’s Go-To-Market Program, which will provide valuable resources to support the project’s development and...
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Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot

[PRESS RELEASE – London, UK, December 19th, 2024] Harbour, in partnership with Velocity Labs, announces the launch of their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient, low-cost payment solutions. Magic Ramp allows Euros to be sent from any bank...
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Mantle Network Advances Technical Roadmap As The First ZK Validity Rollup with Succinct’s SP1

[PRESS RELEASE – Singapore, Singapore, December 19th, 2024] Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollup Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct....
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Deus Wallet Introduces Duress Mode: The Revolutionary Solution for Cryptocurrency Security

[PRESS RELEASE – London, UK, December 19th, 2024] As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature: Duress Mode. This technology, integrated into Deus’s non-custodial framework, provides an added layer...
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These Altcoins Present the Best Buying Opportunities After Wednesday’s Massacre: Santiment

Although the US Fed reduced the key interest rates by 25 basis points as expected, Jerome Powell made a couple of remarks that impacted the entire crypto market in a highly negative manner. The central bank’s Chair warned that the rate cuts for 2025 could be fewer after the three consecutive ones at the end...
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Now Live: USUALUSDT Perpetual Swap Listing with Up to 50x Leverage

As of 19 Dec at 04:00 UTC, a new listing – USUALUSDT – featuring USUAL – is now available to trade on BitMEX, and with up to 50x leverage. You can also trade USUAL, via a linear futures listing – USUALUSDTZ25 – it’s margined in Tether and with up to 2x leverage. For the lowdown...
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Bitcoin (BTC) $ 96,712.91 2.04%
Ethereum (ETH) $ 3,344.09 5.44%
Tether (USDT) $ 0.999497 0.09%
XRP (XRP) $ 2.23 4.96%
BNB (BNB) $ 661.31 4.27%
Solana (SOL) $ 183.41 8.15%
Dogecoin (DOGE) $ 0.315511 8.66%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,337.35 5.44%
Cardano (ADA) $ 0.892978 9.02%