In light of the recent downturn in the crypto market, the sales volume of non-fungible tokens (NFTs) has experienced a 6% decline, dropping to $84.6 million. Despite some recent indications of a potential recovery in the crypto space, any gains have now seemingly vanished. Data from CoinMarketCap shows that the global crypto market cap has […]

Following Donald Trump’s rally in Milwaukee, which was disrupted by technical difficulties and what some observers described as an unusually agitated performance, at least one Trump-themed meme coin saw a surge in value, while others experienced notable declines. Investors who had previously supported these coins due to the former president’s ties to digital currencies and […]

River, an on-chain encrypted messaging protocol, has successfully acquired Llama, a smart contracts platform supported by Founders Fund that focuses on decentralized governance. This acquisition is expected to strengthen River’s governance framework across its ecosystem, as the protocol will integrate Llama’s open-source smart contracts technology into its various platforms. A blog post detailing the transaction […]

A recent research report produced by Coincub in collaboration with Blockpit provides valuable insights into how the varying tax policies implemented across different countries—from the absence of taxes in the United Arab Emirates to the significantly high tax rates found in the United States—have a substantial impact on the investment strategies adopted by cryptocurrency investors. […]

SingularityDAO is poised to merge with Cogito Finance and SelfKey, resulting in the creation of Singularity Finance, a new layer-2 tokenization platform. This strategic decision comes after a successful governance vote, in which the SingularityDAO (SDAO) community overwhelmingly endorsed the merger proposal. Over 15 million SDAO tokens were cast during the voting process, with an […]

The recent decline in Bitcoin’s price, which has fallen below the $70,000 mark, has provoked a wave of panic among certain investors, particularly one notable whale who has chosen to sell off a significant portion of their holdings, amounting to 2,019 BTC, amidst rising concerns regarding the possibility of further downward movements in the market. […]

Sonic, a layer-2 blockchain specifically designed for gaming applications within the Solana ecosystem, has recently announced a series of strategic partnerships with both Solayer and Adrastea Finance, with the primary goal of expanding and enhancing the Solana restaking ecosystem. The Sonic SVM team made this significant announcement on October 31, emphasizing that the platform has […]

UBS Asset Management has launched its inaugural tokenized investment fund on the Ethereum blockchain, named the “UBS USD Money Market Investment Fund Token,” or ‘uMINT.’ This innovative fund is designed for various authorized distribution partners in Singapore, as stated by UBS. Tokenization is the process of converting traditional assets, such as stocks and bonds, into […]

Cryptocurrencies and stocks experienced heightened volatility following the release of disappointing nonfarm payroll data from the U.S., which suggests a potentially dovish stance from the Federal Reserve. Bitcoin (BTC) retraced from around $72,500 to approximately $70,000, while Ethereum (ETH) saw a decline of over 3% in the past 24 hours, dropping to $2,500. The overall […]

In its third quarter report for 2024, Tether announced several record-breaking achievements, including significant increases in total assets, group equity, and cumulative profits. According to the report published on October 31, the stablecoin issuer achieved a net profit of $2.5 billion for the quarter, contributing to a remarkable consolidated profit of $7.7 billion for the […]