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...Read More
[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...Read More
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....Read More
[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...Read More
[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...Read More
[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...Read More
[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...Read More
[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...Read More
[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....Read More
[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...Read More
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...Read More
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
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...Read More
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...Read More
[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...Read More
