Circle recently reported that the global settlement volume of stablecoins reached $7 trillion last year, nearly half the $14 trillion settled by financial powerhouses Visa and Mastercard. This marks a shift towards digital currencies, especially in Latin America, where they have become part of everyday transactions. Stablecoins Spearhead Financial Revolution in LATAM The rise of...Read More
Coinbase has announced the listing of SEAM, the governance token of Seamless Protocol, a decentralized lending and borrowing platform on Base layer 2 blockchain. This listing marks a significant milestone as SEAM becomes the first Base Layer 2 token featured on Coinbase. SEAM Token Lists on Coinbase In conjunction with the Coinbase listing, Seamless Protocol...Read More
Bitcoin (BTC)’s appeal among investors is rising as both a store of value and a hedge against “the world going to hell,” according to Circle CEO Jeremy Allaire. During an interview with CNBC on Tuesday, the crypto exec outlined three catalysts that he believes are behind crypto’s latest rally – all of which are irrespective...Read More
[PRESS RELEASE – New York, USA, December 12th, 2023] The top derivatives DEXs and spot DEXs are now all using Axelar network for cross-chain connections Vertex Protocol, one of the most innovative and fast-growing DEXs in Web3, is now using Axelar network and Squid to power cross-chain collateral deposits. The integration was announced today on...Read More
A recent move was the introduction of the Digital Asset Anti-Money Laundering Act, another bill aiming to curtail the use of cryptocurrencies in America. On Dec. 11. the bill gained five new Senators as cosponsors, including, unsurprisingly, three members of the Banking Committee. Crypto advocate Evan Van Ness posted a list of Senators he claimed...Read More
RWAs are asset-backed tokens representing real-world assets on the blockchain. The underlying assets can be real estate, securities, shares, bonds, artworks, etc. DeFi converts these real-world assets into yield-bearing tokenized RWAs with multiple use cases. While the RWA sector is still in its nascence, there are some small-cap RWAs that you must consider investing in...Read More
Major crypto exchange KuCoin has reportedly settled with New York authorities to stop offering its services in the local market, along with a payment of $22 million. The settlement deal comes months after the New York Attorney General (NYAG) sued KuCoin for selling unregistered securities to users in the state. KuCoin Leaves New York According...Read More
The supply of bitcoin (BTC) on centralized crypto exchanges has fallen to its lowest level in six years, indicating a decline in selling intent. According to the latest edition of the Bitfinex Alpha report, exchange-held BTC has reached its 45th consecutive month of diminishing supply. The development came when BTC hit a significant resistance level...Read More
[PRESS RELEASE – Gibraltar, Gibraltar, December 12th, 2023] Panther Protocol is excited to announce its $ZKP listing on BitMart, a leading cryptocurrency exchange operating in over 180 countries. This listing is part of Panther Protocol’s ongoing effort focused on strategic partnerships and exchange listings before its V1 Mainnet launch aimed at providing improved accessibility, a...Read More
Avalanche has been on a tear lately. The native token of the Layer 1 network – AVAX – stood out as one of the major crypto assets resilient to the recent drawdown in the market. It has recorded a remarkable weekly gain of over 82%, in stark contrast to the declining performance of its peers....Read More
TLDR Shiba Inu’s burn rate and price soar. XRP has been gaining momentum. NuggetRush is tipped for a 5,500% price increase. In an exciting development in the crypto scene, particularly in the Shiba Inu (SHIB) community, the burn rate soars. With the landscape filled with compelling developments, another is Ripple’s (XRP) steady climb. Without failing...Read More
El Salvador’s Bitcoin-backed bonds – Volcano Bonds – that the Latin American nation wants to use to pay sovereign debt and fund the construction of the proposed Bitcoin City is now one step closer to becoming a reality. The nation’s Digital Assets Commission has reportedly given the green light to the program, and it is...Read More
[PRESS RELEASE – DUBAI, UAE, December 12th, 2023] The tech roadmap for BNB Chain’s Greenfield decentralized storage network includes high performance, a simplified development experience and a multichain platform Greenfield will improve Storage Provider (SP) performance by 5x BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has published its...Read More
Litecoin has witnessed increased network activity recently, with its active addresses soaring to all-time highs. According to a tweet from blockchain data analysis platform IntoTheBlock, the number of active addresses on the Litecoin network surpassed 1.4 million on December 8, 2023. The number of active Litecoin addresses is spiking strongly, hitting a new all-time high...Read More
Once SBF stepped down, the new leadership of FTX scoured the bankrupt exchange’s databases, looking for misplaced and poorly labeled assets. Months later, John J Ray III and his team have managed to map out about $7 billion in assets, nearly half of which are in cryptocurrencies. The IRS Wants Its Share However, the new...Read More
In a December 9 announcement, the National Vulnerability Database (NVD) identified a critical vulnerability in Bitcoin’s inscriptions, potentially impacting the Ordinals Protocol developed in 2022. The NVD, overseen by the National Institute of Standards and Technology (NIST), a branch of the U.S. Department of Commerce, plays a crucial role in cataloging and spreading information about...Read More
