Category Archives: Blockchain

Binance’s latest Global User Survey, which included over 27,000 respondents from various regions including Asia, Australia, Europe, Africa, and Latin America, revealed significant insights into the evolving trends within the cryptocurrency market. One of the most notable findings from the survey is that nearly half of Binance’s users (45%) joined the cryptocurrency market in 2024, […]

Bitcoin’s recent price surge has caused a significant uptick in the price of mining equipment, particularly in Shenzhen’s Huaqiangbei district, known as a global hub for crypto hardware. According to a report by Wen Wei Po, the price of the Antminer S21 335T, a popular mining device, has increased by 30%, rising from $3,836.19 (approximately […]

Jerome Powell, the Chairman of the U.S. Federal Reserve, once again reiterated the central bank’s stance on Bitcoin, firmly stating that the Federal Reserve is legally prohibited from owning Bitcoin or holding a Bitcoin reserve. His comments were made during a press conference after the Federal Open Market Committee (FOMC) meeting, where the Fed announced […]

Solana’s decentralized applications (DApps) have reached a new milestone in revenue generation, driven largely by meme coin-related activities. According to research by Syndica, Solana’s native DApps generated a record-breaking $365 million in revenue during November 2024, marking the highest monthly revenue for the blockchain to date. The majority of this revenue—84%—came from Solana’s decentralized finance […]

Plume, a modular layer-1 blockchain focused on revolutionizing the finance sector for real-world assets (RWA), has successfully secured $20 million in its Series A funding round. This funding comes from a group of well-known venture capital firms that are heavily involved in blockchain and cryptocurrency sectors, including Brevan Howard Digital, Haun Ventures, and Galaxy Ventures. […]

Aave-Chan, a delegate and service provider of the Aave DAO, has initiated a proposal to deploy Aave v3 on Sonic, a newly launched Ethereum Virtual Machine (EVM)-compatible layer-1 blockchain. The proposal was presented on Aave’s governance forum, seeking community feedback on integrating Aave v3, which currently has a total value locked (TVL) of over $22 […]

Arkham Intelligence has announced a new partnership with Sui Network to integrate Sui blockchain data into Arkham’s analytics platform, aiming to enhance transparency and expand blockchain analytics for the Sui ecosystem. Through this collaboration, Sui users will gain access to Arkham’s advanced tools, such as entity and address pages, dashboards, real-time alerts, and visual tracing […]

In 2024, Ethereum has been experiencing a noticeable lag compared to other top-performing cryptocurrencies, such as Bitcoin and Solana. While Ethereum has seen a solid year-to-date gain of 70%, it remains behind Bitcoin, which has surged by 142%, and Solana, which has increased by 107%. Despite this, Ethereum’s popularity is being challenged by the speed […]

The Hong Kong Securities and Futures Commission (SFC) has granted conditional licenses to four virtual asset trading platforms: Accumulus GBA Technology, DFX Labs, Hong Kong Digital Asset EX, and Thousand Whales Technology. These licenses are subject to the platforms meeting specific regulatory requirements before they can fully operate in the region. The Hong Kong SFC […]

XRP’s price faced a decline on Wednesday as a downturn spread across the broader cryptocurrency market, particularly ahead of the Federal Reserve’s impending decision on interest rates. The XRP token dropped by more than 5%, erasing much of the previous day’s gains, which were seen following the launch of the RLUSD stablecoin. The price dip […]