Category Archives: Blockchain

Dogecoin has recently entered a phase of consolidation, with its price hovering around $0.3850 as of November 20, slightly below its year-to-date high of $0.4387. This stagnation mirrors Bitcoin’s behavior, which has been fluctuating between $90,000 and $94,000. However, analysts are predicting a potential rebound for Dogecoin in the coming weeks, driven by both market […]

Solana, often referred to as an “Ethereum killer,” has achieved a record-breaking surge in revenue, largely driven by the current meme coin craze. The proof-of-stake blockchain platform generated a staggering $11.8 million in fees over the past 24 hours, surpassing Ethereum’s $6.32 million, according to data from Defi Llama. In addition to the fee surge, […]

Canaan, a prominent crypto mining firm, saw its shares rise by 4% after announcing a new partnership with Luna Squares Texas, a Bitcoin mining operation based in West Texas. This collaboration is part of Canaan’s broader strategy to expand its North American presence and ramp up its mining capacity to 10 EH/s by mid-2025. Under […]

BONK, the meme coin based on the Solana blockchain, has surged to a new all-time high following a significant announcement from Upbit, a leading South Korean cryptocurrency exchange. The altcoin, which recently reached $0.000058, has seen a remarkable 18% increase in price, driving its market cap above $4.1 billion. This growth has propelled BONK past […]

Michael Saylor, the executive chairman of MicroStrategy, is set to present a compelling case for investing in Bitcoin to Microsoft’s board of directors. The presentation, which will be delivered in just three minutes, follows Saylor’s recent involvement with VanEck’s X Spaces on Nov. 19, where he agreed to make the pitch. The activist who suggested […]

Russia has announced a major shift in its approach to cryptocurrency mining, with plans to ban mining operations in certain regions, including the territories of Ukraine that are under Russian control, as well as parts of Siberia and the North Caucasus. This decision was made in response to growing concerns about energy shortages and the […]

Phantom, a popular non-custodial cryptocurrency wallet built for decentralized finance (DeFi) and non-fungible tokens (NFTs) on the Solana blockchain, has made a significant move to enhance the security of its platform by acquiring Blowfish, a leading web3 security platform. The acquisition, which was officially disclosed on November 19, 2024, is part of Phantom’s broader efforts […]

Coinbase has announced that it will halt trading of Wrapped Bitcoin (WBTC) across all its platforms, including Coinbase.com and Coinbase Prime, starting December 19, 2024. This decision follows a routine asset review, with WBTC’s order books being moved to limit-only mode. Despite the delisting, users will still be able to withdraw WBTC from the exchange, […]

Hamster Kombat, a viral Telegram-based “tap-to-earn” network, is currently experiencing significant challenges as its user base shrinks and its token, HMSTR, remains deeply entrenched in a bear market. The network’s growth, which once garnered significant attention, seems to have plateaued, with the price of its native token having fallen dramatically from its all-time high. Although […]

The United Nations is taking a significant step towards integrating blockchain technology into its operations by launching an expanded blockchain academy aimed at upskilling over 24,000 staff members worldwide. This initiative, which was unveiled on November 19, is a collaboration between the United Nations Development Programme (UNDP) and the Algorand Foundation. The academy, initially launched […]