On December 11, privacy coins stole the spotlight as the market surged, led by notable gains across key tokens. Data collected from crypto price tracking websites revealed that Verge (XVG) rose by 37.4% across 24 hours, with Zcash (ZEC) and Monero (XMR) also posting significant gains, up 15.4% and 12.3%, respectively. Privacy Coin Resurgence The...Read More
[PRESS RELEASE – New York, New York, USA, December 12th, 2024] With $9.5M in total funding, Superform launches SuperUSDC to deliver optimized stablecoin yield with onchain simplicity. Superform Labs, the onchain wealth app to effortlessly grow your crypto portfolio, announced today it has raised $3 million in a strategic round led by VanEck Ventures with...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, December 12th, 2024] Quintes Protocol is set to redefine decentralized finance (DeFi) with its innovative no-depreciation cryptocurrency model. Now protected by a newly-secured Patent Cooperation Treaty (PCT) PCT/IB2024/061188 from the World Intellectual Property Organization (WIPO), this groundbreaking protocol offers a unique approach to perpetual asset growth, ensuring long-term...Read More
World Liberty Financial (WLFI), a decentralized finance (DeFi) initiative endorsed by President-elect Donald Trump, has made headlines with a significant $12 million purchase. Using USD Coin (USDC), WLFI acquired various tokens, including Ethereum (ETH), Chainlink (LINK), and Aave (AAVE). WLFI’s Crypto Buying Spree Blockchain analytics platform Lookonchain reported that the transactions were recorded on December...Read More
[PRESS RELEASE – Cayman Islands, George Town, December 12th, 2024] KAST, a financial technology platform built on stablecoins to deliver a neobank-style experience, has raised US$10 million in seed funding. The round is led by HSG (HongShan Capital Group) and Peak XV Partners. A number of high-profile angels, partners of DST Global, and Goodwater Capital...Read More
Bitcoin had a brief hiccup for two days, Monday and Tuesday, against the backdrop of a roaring month-long bull rally for the cryptocurrency. More recently, BTC absolutely melted up from $68,000 at the start of November to a record high above the $100,000 level in about 30 days. But the brief pull-back may have only...Read More
Whale deposits into Binance have surged to a six-month high, with over 2.66 billion XRP tokens moved to the exchange in the past 30 days. According to the latest analysis by CryptoQuant, this figure marks the largest influx of XRP by large holders since April 2024, indicating a notable uptick in activity among whales. These...Read More
A new wave of crypto scams has emerged, with attackers using fake X accounts to impersonate popular influencers and lure unsuspecting users into fraudulent Telegram groups. Users are then manipulated into installing malware that compromises crypto wallet data. Scammers Moving Beyond Simple Phishing Scams According to blockchain security firm Scam Sniffer, the scammers comment on legitimate...Read More
On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic partnership to promote USDC, a stablecoin jointly owned by Circle and Coinbase. The collaboration comes as stablecoins gain traction in mainstream finance and competitors seek to challenge the dominance of market leader Tether. The Alliance Details about revenue sharing in this arrangement remain...Read More
[PRESS RELEASE – VILNIUS, Lithuania, December 11th, 2024] WhiteBIT has reached a significant milestone by becoming the first cryptocurrency exchange globally to obtain Level 3 certification under the Cryptocurrency Security Standard (CCSS). Developed by the CryptoCurrency Certification Consortium (C4), this certification represents a new benchmark in cryptocurrency platform security. This accomplishment places WhiteBIT among the...Read More
[PRESS RELEASE – George Town, Cayman Islands, December 10th, 2024] Xai Foundation, a core contributor to the growing blockchain gaming network Xai, today unveiled details of their “tiny” Sentry Key sale. Tiny Sentry Keys will become available to purchase Friday, December 13th at 6pm PST at sentry.xai.games for 0.0143 ETH (roughly ~$55). Xai’s initial Sentry...Read More
[PRESS RELEASE – Quito, Ecuador, December 11th, 2024] Soy Suco, Ecuador’s most prominent YouTuber with 27 million YouTube subscribers and a total social media following of 58 million has announced the launch of his meme-inspired cryptocurrency token, $SUCO. The token will debut on the Solana blockchain via a fair launch model, ensuring equitable participation opportunities...Read More
In October, Raydium made history by becoming the number one DEX by volume across all chains, a milestone it quickly built on in November. According to Messari’s latest report, Raydium surged ahead of Uniswap in monthly DEX volumes by a striking 30%, achieving $124.6 billion compared to Uniswap’s $90.5 billion. Raydium Leaves Uniswap Behind Raydium...Read More
XRP, the native token of Ripple Labs, is poised for upside momentum as on-chain metrics, technical analysis, and recent whale activity hint at bullish signals. Recently, a whale transaction tracker, Whale Alert made a post on X (previously Twitter) that 22.08 million XRP tokens worth $46.13 million were transferred from Binance to an unknown wallet....Read More
After a turbulent correction, the cryptocurrency market has found some calm, with prices stabilizing. Meanwhile, the Mean Dollar Invested Age is quietly pointing to heightened network activity, often seen as a precursor to extended bullish trends. Despite a market-wide retracement this week, the Mean Dollar Invested Age (MDIA) – an often-overlooked crypto metric – signals...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, December 11th, 2024] Backpack integrates Sui, delivering unmatched speed and scalability to a global audience. Backpack, a leading exchange and wallet known for its seamless user experience and versatility across multiple asset classes, will integrate with Sui, the Layer 1 blockchain delivering unparalleled scalability and speed. Backpack Exchange...Read More
[PRESS RELEASE – Tokyo, Japan, December 11th, 2024] Introduction Parex Network, as a Layer 1 blockchain, continues to take significant steps toward making user-friendly Web3 experiences accessible to a broader audience. Recent developments have enhanced the network’s visibility, reliability, and overall usability, thereby contributing to the growth of the Parex ecosystem. CMC Verification: Enhancing Transparency...Read More
Ray Dalio, an American investor and founder of the world’s largest hedge fund, Bridgewater Associates, says he is investing in bitcoin (BTC) and gold rather than debt assets. The billionaire, who now serves as Bridgewater Associates’ investment chief, is more interested in the precious metal and cryptocurrency because they are “hard money.” On the other...Read More
[PRESS RELEASE – Amsterdam, Netherlands, December 11th, 2024] Charity Investment Fund (CHIF), a blockchain platform driven by the desire to help charitable organisations, is poised to launch fairly to the crypto community soon. This blockchain-powered Fund aims to change the traditional donation paradigm by bridging the gap between investing and donating. Charity Investment Fund makes...Read More
Crypto exchange-traded fund (ETF) issuer Bitwise predicted that 2025 will usher in the Golden Age of Crypto. In its latest report, Bitwise outlined a stellar 2025 for Bitcoin, Ethereum, and Solana, building on their impressive 2024 performances. Among other things, AI-driven meme coins are also expected to gain traction in the coming year. Bitcoin to...Read More
In the last couple of days, the crypto markets have been plunged hard, which has caused a panic situation among the market participants who foresee an end of the bull run. The milestone of $100K for Bitcoin was the selling point for most of the traders, which offered strong momentum to the other altcoins like...Read More
[PRESS RELEASE – British Virgin Islands, British Virgin Islands, December 10th, 2024] Chintai is proud to announce the launch of DNA Deal Desk, an exclusive investment platform developed by DNA Holdings Venture Inc (DNA) on Chintai’s Layer 1 blockchain. The platform connects high-networth individuals with a carefully selected lineup of top web3, AI, and crypto...Read More
Building on a strong November, Toncoin (TON) extended its bullish run this week. But the rally has faced significant resistance as investors turned to caution. As a result, Toncoin has witnessed a sharp decline in wallet profitability, with only 65% of addresses now in profit – a stark drop from the 90% peak recorded just...Read More
Hester Peirce, a Commissioner at the U.S. Securities and Exchange Commission (SEC), has outlined a vision for the agency’s crypto regulatory strategy under President-elect Donald Trump. In a recent interview on Fox Business, Peirce identified three priorities to address what she sees as critical obstacles hindering the growth and clarity of the crypto industry. Pierces’s...Read More
XRP, the native token of Ripple Labs, has garnered significant attention from crypto giants despite a notable price decline over the past 24 hours. As of today, December 11, 2024, sentiment across the cryptocurrency landscape appears bearish, which experts consider a price correction. Whales’ Rising Interest In XRP However, some believe this might be a...Read More
The leading Singaporean digital asset trading platform, Crypto.com, has announced a partnership with Deutsche Bank, a German-based multinational investment bank and financial services company, to offer banking services to users in select countries. According to an official release, Crypto.com’s corporate banking services will be available to customers in Singapore, Australia, and Hong Kong for starters....Read More
A savvy crypto investor has reportedly turned a modest $3,000 investment in the popular frog-themed Pepe (PEPE) meme coin into a $73 million profit. According to Lookonchain, who first revealed the feat in a December 10 post on X, the unidentified trader first bought 4.1 trillion Pepe tokens on April 15, 2023. Strategic Sales Amid...Read More
The cryptocurrency market is in retreat once again, with bitcoin dumping below $95,000 for the second time since Monday evening. While many altcoins are also deep in the red, the ever-volatile meme coin sector has produced some of the most violent corrections. Although there are many success stories of small-time investors turning thousands of dollars...Read More
[PRESS RELEASE – Panama, Panama, December 9th, 2024] Shiro Neko Achieves Historic Milestone in the Memecoin Market Shiro Neko ($SHIRO) launched and reached a $1 billion market cap on its first day of trading. With this, the team aims to make $SHIRO a standout memecoin, redefining expectations for new launches in the space. Shiro Neko’s...Read More
Bitcoin’s price decline, triggered by a selling spree in the crypto market, hasn’t dampened institutional interest. CryptoQuant’s latest insights show the Coinbase Premium climbing, reflecting robust US investor activity during this volatile phase. Coinbase Premium Jumps The Coinbase Premium, a metric that tracks the percentage difference between Bitcoin’s price on Coinbase Pro and Binance, has...Read More
