GAIB, a crypto-AI startup, raises $5 million in seed money
In a pre-seed investment round, GAIB, a crypto-AI business that specializes in tokenizing GPUs, has raised $5 million. According to GAIB on Tuesday, Hack VC led the round, with co-leads…
Of the 17 cryptocurrency companies being investigated for tax evasion in India, Binance is at the top
A Binance group company contributed the majority of the ₹824.14 crore ($96 million) in GST evasion by cryptocurrency exchanges, according to Minister of State for Finance Pankaj Chaudhary, who was…
By 2025, Singapore’s DTCpay will use stablecoins in favor of Bitcoin and Ethereum
DTCpay, a cryptocurrency payment company based in Singapore, plans to phase out transactions involving Bitcoin (BTC) and Ethereum (ETH) by the end of 2024 and switch completely to stablecoins by…
Ethereum’s monthly onchain volume was $183.7 billion in November
Ethereum recorded its highest monthly volume of the year in November, with a onchain volume of $183.74 billion. This is the largest Ethereum onchain volume in almost three years, since…
Amidst political turmoil in South Korea, Tron has surged 80% in the last day
A number of reasons, including the political unrest in South Korea, which is home to one of the biggest and most active retail cryptocurrency markets globally, contributed to the recent…
Pump.fun generates $240 million in total sales, with a monthly revenue peak of $93 million in November
According to DefiLlama data, the Solana-based memecoin creation and trading network Pump.fun reached an all-time high of almost $93 million in monthly revenue in November. This sum represents a 207%…
Concerned with privacy Layer 1 of the Cosmos Namada begins the mainnet launch and token airdrop
Privacy-oriented Blockchain at Layer 1 The genesis blocks of the network are now operational as Namada has formally launched its mainnet. This marks the start of the staking and governance-related…
ECB Issues Second Digital Euro Project Progress Report
The European Central Bank (ECB) described its attempts to establish a single digital payment system for the euro area in its second status report on the digital euro project, which…
MicroStrategy Makes Another $1.5 Billion Purchase to Continue Their Bitcoin Buying Spree
MicroStrategy has once again made headlines by acquiring a significant amount of Bitcoin (BTC), a move that has become nearly habitual. According to a Form 8-K filed with the U.S….
Bitcoin Will Be Available Through Metaplanet’s Shareholder Reward Program
On Tuesday, the Japanese investment company Metaplanet revealed a shareholder reward scheme that will use a lottery to provide Bitcoin awards. The initiative highlights Metaplanet’s dedication to increasing shareholder value…
Coinbase has expanded its listing strategy to include the memecoin Moo Deng
According to a business website, Coinbase, a major cryptocurrency exchange, plans to include the memecoin Moo Deng (MOODENG). Coinbase recently added the third memecoin to its listing pipeline, after plans…
BitGo introduces a specialized retail platform for cryptocurrency asset purchases, sales, trading, custody, and stakes
For the first time, BitGo, a supplier of digital asset infrastructure, has opened a dedicated retail platform that gives users worldwide access to its regulated digital asset trading, staking, lending,…
RTFKT, an NFT wearables startup owned by Nike, is shutting down
A statement on Monday announced the closure of RTFKT, the NFT project most known for its attempt to popularize “digital shoes.” Although its Ethereum-based tokens will still be available, the…
Sonic Labs claims that shortly after capturing a snapshot for the S token airdrop, its Layer 1 blockchain would go public
The Layer 1 blockchain project Sonic Labs, which is a division of the Fantom network, declared that its new blockchain had generated its first transaction block. The network is anticipated…
In terms of market capitalization, Hyperliquid’s HYPE overtakes Aave and accounts for almost half of the volume of decentralized perpetual swaps
Since Friday’s token generation event (TGE), which saw the decentralized perpetual swaps trading platform airdrop 310 million fully-unlocked tokens to users who accrued points by trading on the site for…
Will Bitcoin crash? According to Robert Kiyosaki, Bitcoin will drop to $60k
The study by the author of “Rich Dad Poor Dad” coincides with growing market conjecture over Bitcoin’s next significant price shift. Through X, Kiyosaki expressed his outlook on the market…
Spectral Labs detects a syntax flaw and suspends contracts
Spectral Labs revealed that it has discovered a flaw that allowed a hacker to steal $200,000 in liquidity by affecting specific tokens on their Syntax platform, a no-code environment that…
According to a report, South Korea will delay its 20% cryptocurrency tax for the third time
According to local news agencies on Sunday, South Korea is anticipated to postpone its cryptocurrency gains tax for an additional two years. The Democratic Party of Korea (DPK), a left-wing…
Following a $300 million theft, the Japanese exchange DMM Bitcoin will close and move its assets to an SBI Group company
The May attack that caused losses of over $300 million has led to the closure of the Japanese cryptocurrency exchange DMM Bitcoin. The exchange’s assets will be purchased by SBI…
CryptoPunks led the November NFT surge with a 47% floor price increase
Although the NFT market has recovered significantly in November, CryptoPunks has been the most successful. Even if the NFT industry as a whole has been growing, CryptoPunks’ performance is far…