Following Trump’s victory, Bitcoin reaches the $100,000 milestone, indicating ongoing optimism in the cryptocurrency space
During a sustained run, Bitcoin broke beyond the $100,000 barrier late Wednesday night, reaching a new all-time high. The top cryptocurrency by market capitalization rose by about 6% over the…
Following the debut of SpringBoard, PancakeSwap’s daily trade volume soars to $1.27 billion
Data from PancakeSwap indicates that following the DEX’s December 4 launch of its token launch platform PancakeSwap SpringBoard, the daily trading volume of BNB Chain’s largest decentralized exchange surged by…
At a token valuation of $100 million, DeFi.app raises $2 million in its seed round
With a $100 million valuation, DeFi.app, which bills itself as “the Robinhood of decentralized finance (DeFi),” has secured $2 million in a seed investment round. According to DeFi.app on Wednesday,…
Launch of the mainnet and gamified token airdrop mechanism via Circle-backed Layer 1 Xion
Chain abstraction-focused Layer 1 blockchain Xion has launched its mainnet and unveiled a novel method for distributing its first XION token airdrop. Eligible users can choose to possibly double —…
Prior to ‘Spiderchain’ going live in 2025, Botanix Labs is launching the last testnet for its Bitcoin Layer 2
In a statement released on Wednesday, Botanix Labs announced the launch of a new testnet for their “Spiderchain” Bitcoin Layer 2. A number of “pre-mainnet” applications, such as new versions…
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…