The Avalanche Foundation has launched its Avalanche9000 mainnet, marking what it calls the “biggest network upgrade” to date. The new upgrade, which went live on December 17, 2024, introduces significant improvements, particularly reducing deployment costs and C-Chain fees by over 90%. The upgrade, known as Etna, addresses several issues that developers had been facing on […]

Binance has officially announced a significant update regarding the trading limits for its unique yield-based margin asset, BFUSD, on Binance Futures. This update, set to take effect on December 17, 2024, at 15:00 (UTC+8), will increase the maximum position limits for BFUSD across all VIP levels, from VIP 0 to VIP 9, providing users with […]

Bitcoin has reached a new all-time high (ATH), surpassing the $107,000 mark for the first time, with the price peaking at $107,172 on the U.S.-based cryptocurrency exchange Coinbase. This surge came after Bitcoin had reclaimed the crucial psychological level of $100,000 and continued to gain momentum, fueled by several key factors, including major institutional buying […]

FTX, the once-prominent cryptocurrency exchange that collapsed in 2022, has announced that it will begin distributing bankruptcy payouts to affected users starting on January 3, 2025. This follows approval from a U.S. court in October, which confirmed the distribution plan. Kraken and BitGo have been selected as the platforms through which these payouts will be […]

Semler Scientific, a company that specializes in providing technology solutions for healthcare providers, has recently updated its Bitcoin holdings, continuing to increase its stake in the world’s leading cryptocurrency. Between December 5 and December 15, 2024, the company purchased an additional 211 Bitcoin for a total of $21.5 million, bringing its total holdings to 2,084 […]

Cardano (ADA) has faced a relatively flat trading month in December, with its price hovering around $1.06, marking a nearly 20% pullback from its recent high of $1.327 reached in November. The correction follows a broader market trend, where several cryptocurrencies, including Avalanche (AVAX) and Binance Coin (BNB), have similarly retreated from their year-to-date highs. […]

Lido Finance, a major decentralized finance (DeFi) protocol known for its liquid staking solutions, has announced plans to phase out its services on the Polygon network. This decision follows a governance vote within the Lido DAO community and is part of a broader strategic shift. The announcement, made on December 16, 2024, revealed that Lido […]

Riot Platforms, a major Bitcoin mining company, has increased its Bitcoin holdings by $69 million, further solidifying its position in the cryptocurrency space. According to filings with the U.S. Securities and Exchange Commission, Riot acquired 667 Bitcoin at an average price of $101,135 per coin. With this purchase, the company’s total Bitcoin holdings now stand […]

Moca Network Coin experienced a dramatic price movement this week, initially surging to an all-time high before undergoing a significant drop. The cryptocurrency’s price skyrocketed due to several major exchange listings, only to quickly reverse after hitting its peak. On Monday, Moca Coin saw its price skyrocket to $0.4347, marking a remarkable 616% increase from […]

Binance, one of the largest global cryptocurrency exchanges, has announced plans to list two new tokens on December 17: PENGU, the native token of the popular NFT collection Pudgy Penguins, and CAT, the meme coin inspired by Simon’s Cat. The listings have already sparked significant interest, particularly for the CAT token, which saw a near […]