Binance Labs, the venture capital and incubation arm of Binance, has made a significant investment in Perena, a stablecoin infrastructure protocol designed for the Solana blockchain. This investment, announced on December 11, was made during the pre-seed funding round of Quine Co., the core contributor to the Perena stablecoin platform. The move highlights Binance Labs’ […]

In November, crypto spot trading volumes surged dramatically, rising by 141%, with significant increases observed across major centralized exchanges such as Binance, Kraken, and Coinbase. This surge in trading activity followed the re-election of Donald Trump, which correlated with a noticeable spike in both crypto spot and derivative trading volumes across various digital asset platforms. […]

The price of Popcat, a meme coin on the Solana network, has experienced a significant decline of over 40% from its highest point this year. As of the latest data, Popcat is priced at $1.0342, marking its lowest level since October 24. This downturn comes as various indicators suggest increasing selling pressure on the token. […]

With the global crypto sector expanding at a rapid pace, Hong Kong is proactively exploring avenues to accelerate the updates to its cryptocurrency regulations to align with the burgeoning demands of the industry. The exponential growth of the crypto industry is compelling Hong Kong to reevaluate its regulatory framework, prompting discussions on expediting regulatory changes […]

Dogecoin’s price made a comeback on December 11th as the recent downturn in the crypto market subsided, allowing traders to seize the opportunity and buy the dip. As the largest meme coin in the cryptocurrency space, Dogecoin rebounded to $0.40, recovering from a low of $0.36 the day prior. This resurgence coincided with Bitcoin and […]

Cryptocurrency exchange OKX is set to introduce perpetual futures contracts for two new tokens: VIRTUAL, the native token of Virtuals Protocol, and SUNDOG, a meme coin on the Tron blockchain. The contracts will be listed as USDT-margined perpetual futures and will become available for trading on December 11. According to the announcement, VIRTUAL/USDT perpetual futures […]

Koma Inu (KOMA), a meme coin based on the BNB Chain, has witnessed an extraordinary price surge of 200% in the past 24 hours, reaching a trading price of $0.171. At its peak, KOMA hit an all-time high of $0.192, with a market capitalization soaring to $192.2 billion earlier today. This dramatic rise in value […]

USDa, a Bitcoin-backed stablecoin, has rapidly risen to become the second-largest CDP project globally, with a total market size of $84.10 million. This milestone marks a significant achievement for the project, especially given its unique position as the first-ever overcollateralized stablecoin to be pegged to Bitcoin. USDa operates on LayerZero’s cross-chain technology, which allows it […]

Binance has announced that it will be delisting three low liquidity trading pairs as part of its ongoing efforts to maintain a high-quality trading market. On December 12, the exchange revealed that trading for the following pairs will cease on December 13 at 03:00 UTC: DCR/BTC (Decred/BTC) PEPE/TUSD (PEPE/Tether USD) ZEN/ETH (Horizen/ETH) This decision is […]

Riot Platforms, a leading Bitcoin infrastructure company, recently acquired $68.45 million worth of Bitcoin, buying 705 BTC. This acquisition follows the company’s announcement of a senior notes offer, a financial move that will help fuel further expansion. According to data from Arkham Intelligence on December 11, Riot’s Bitcoin purchase was split across six wallets, with […]