Ethereum could significantly increase its transaction speed by processing nearly 65% of its transactions in parallel, according to a recent study by Sei, a layer-1 blockchain network. Currently, Ethereum processes transactions sequentially, meaning each one must finish before the next one starts. For example, if Bob sends 1 ETH to Alice and then someone else […]

Binance has officially announced its support for the upcoming Optimism network upgrade and hard fork, which is scheduled for January 10, 2025, at 2:00 (UTC+8). As part of this upgrade, Binance will temporarily halt deposits and withdrawals for tokens on the Optimism (OP) network starting from 1:00 (UTC+8) on the same day. The purpose of […]

Tether, a leading stablecoin issuer, has taken its first step into the world of venture capital by investing $2 million into Arcanum Capital’s Arcanum Emerging Technologies Fund II. This fund is part of the broader DigitalArray initiative, which focuses on advancing decentralized technologies, particularly in the realm of blockchain and Web3 development. The capital injection […]

Bitcoin ETFs experienced a strong rebound on December 26, with a significant inflow of $475.15 million, marking the end of a four-day streak of outflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw $475.15 million in inflows on Thursday, reversing the outflow trend that had seen over $1.5 billion leave the funds […]

OKX is launching USDT-margined perpetual futures for two AI-focused digital assets, GRIFFAIN and ZEREBRO, today, December 27, 2024, at 07:00 am UTC and 07:15 am UTC, respectively. Both assets will offer up to 50x leverage and reduced fees. GRIFFAIN is an AI-powered platform that allows users to turn their intentions into tasks through personalized AI […]

KULR Technology, a U.S.-based company known for its expertise in thermal management solutions primarily for electronic components and batteries, has made a strategic move by investing approximately $21 million in Bitcoin. The purchase, which involved acquiring 217.18 Bitcoin at an average price of $96,556.53 per BTC, is part of the company’s ongoing Bitcoin Treasury strategy. […]

In 2024, Bitcoin’s presence on X (formerly known as Twitter) saw a significant increase, with mentions growing by 65% year-over-year. According to data from social listening platform Visibrain, more than 140 million tweets containing “Bitcoin” were published on the platform during the year. This surge in conversation reflects Bitcoin’s dominant role in digital asset discussions […]

OKX Ventures’ 2024 annual report highlights the firm’s strategic investments in the blockchain and AI sectors, with a total of $100 million injected into over 60 projects. These investments focused heavily on AI and Bitcoin-related initiatives, marking a significant portion of OKX’s venture strategy for the year. Among the notable investments in the Bitcoin ecosystem, […]

CUDIS, a Web3 wellness company backed by Draper Associates, has announced a year-long partnership with UCLA Athletics to promote its AI-powered smart rings. The collaboration aims to introduce CUDIS’ innovative wearable technology to UCLA students, athletes, and sports fans, with a focus on promoting healthy lifestyles, performance tracking, and data ownership. CUDIS plans to activate […]

As of December 26, 2024, Bitcoin’s unmined supply has fallen below the 1.19 million BTC threshold, marking a significant milestone in the cryptocurrency’s scarcity. With only about 1,198,640.60 BTC left to be mined, approximately 94.29% of the total Bitcoin supply has already been issued, highlighting the decreasing availability of new coins as the network approaches […]