Coinbase has announced its acquisition of Spindl, an onchain ads and attribution platform, to advance its strategy of driving the adoption of onchain applications. As part of the deal, Spindl will be integrated into Base, Coinbase’s layer 2 blockchain, aiming to improve the discovery and distribution channels for developers building onchain applications. Founded in 2022 […]

Cronos, the decentralized blockchain developed by Pinetbox.com, has integrated the interoperability protocol LayerZero, enabling seamless cross-chain communication with over 115 blockchain networks. On January 31, Cronos Labs revealed that LayerZero was now live on Cronos’ EVM-compatible and zero-knowledge proofs mainnets. This integration allows developers on Cronos to build bridges that connect to numerous blockchains, including […]

Tether, the issuer of the largest stablecoin USDT, reported a remarkable net profit of $13 billion for 2024. The company’s strong performance was driven by the issuance of USDT and significant growth in its investments, including U.S. Treasury Bills (T-Bills) and other assets. Tether’s quarterly attestation, provided by independent accounting firm BDO Italia on January […]

The possibility of Dogecoin reaching $1 in February seems ambitious but not entirely unrealistic, given the volatility and rapid movements often seen in the cryptocurrency market. Dogecoin has been on an upward trajectory, climbing to a high of $0.3340, a 12% increase from its lowest point earlier this week. This surge follows the launch of […]

Grayscale Investments has launched the Grayscale Dogecoin Trust, offering institutional and accredited investors exposure to Dogecoin, reflecting a significant increase in institutional interest in the meme coin. According to Grayscale, the move comes in response to growing demand for Dogecoin investment products. Once created as a joke, Dogecoin has evolved into a widely adopted digital […]

Tezos’s Etherlink, an EVM-compatible Layer 2 solution, experienced impressive growth in Q4 2024, as contract deployments surged by 184%, with over 1,700 new contracts launched. This surge is highlighted in the State of Tezos Q4 2024 report by Messari, reflecting the growing adoption and utility of the Etherlink platform. In addition to the increase in […]

Bitcoin’s future trajectory may deviate from its historical patterns, with analysts suggesting that the steep corrections typically associated with its bull cycles could become a “relic of the past.” In a recent analysis shared on X (formerly Twitter) on January 31, experts from Singapore-based blockchain firm Matrixport argued that the increasing involvement of institutional investors […]

South Korea’s largest cryptocurrency exchange, Upbit, has announced the launch of trading support for the Virtuals Protocol token (VIRTUAL) on its platform, marking a significant milestone for the AI agent-focused project. The token, which went live on Upbit on January 31 at 20:00 KST, is now available for trading in Korean won (KRW), Bitcoin (BTC), […]

A recent survey conducted by crypto exchange CEX.IO, citing data from Allium, has revealed that automated trading bots were responsible for a staggering 70% of stablecoin transaction volume in 2024. The analysis, which examined blockchain activity across Ethereum, Base, and Solana, highlights the significant role of bot-driven activity in the stablecoin ecosystem. Notably, Base, Coinbase’s […]

Coinbase has taken a significant step in expanding its derivatives offerings by filing for self-certification to list Solana futures contracts on its subsidiary platform, Coinbase Derivatives. This move is set to bring Solana (SOL) futures to the broader financial market, allowing traders to speculate on the price movements of Solana using futures contracts. The Solana […]