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 […]
Category Archives: Blockchain
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 […]
Valour, the asset management division of DeFi Technologies, has officially launched the 1Valour Hedera Physical Staking Exchange-Traded Product (ETP) on Euronext Amsterdam. The product, which is based on the Hedera HBAR token, was introduced on December 18 to provide European investors with direct access to Hedera’s staking capabilities. This marks an important expansion of Valour’s […]
The price of Mantra (OM) has recently experienced a significant surge, making it one of the best-performing cryptocurrencies despite broader market declines. After rising for three consecutive days, the token reached $4, slightly above the week’s lowest point, bringing its market cap to over $3.8 billion. This rally occurred amid a notable drop in staking […]
Aurora Labs has unveiled TurboChain and TurboSwap, two new blockchain solutions designed to enhance the TURBO ecosystem and expand its reach in decentralized finance. These innovations, developed in collaboration with the NEAR Protocol, aim to boost transaction efficiency and offer users greater flexibility and scalability within the blockchain space. TurboChain acts as a dedicated blockchain […]
Hex Trust, a leading provider of digital asset custody and crypto services, has officially launched its new platform HT Market MENA to help institutional investors convert cryptocurrencies into fiat currencies. This service is specifically targeted at institutional clients and investors in the Middle East and North Africa (MENA) region. As part of Hex Trust’s strategic […]
OKX, one of the major cryptocurrency exchanges, has launched an official Dune dashboard to provide real-time, on-chain data from its decentralized exchange (DEX) aggregator. This new integration, which went live on December 18, allows users to access detailed insights into various DEX metrics, such as daily transaction volumes, cross-chain swap data, and much more. By […]
On December 17, a trader’s attempt to capitalize on the Pudgy Penguins (PENGU) crypto airdrop turned disastrous, resulting in a loss of $10,000. The token had gained immense attention, surging to a market cap of over $3 billion within hours of its debut. However, one unfortunate investor made a critical error by purchasing the PENGU […]
PDX Global, a digital banking firm, has announced that it will conduct a live beta test of its crypto-to-cash payment platform, PDX Beam, on December 19. The platform aims to enable instant crypto-to-fiat conversions and allow both merchants and consumers to process cash transactions in seconds. PDX Beam will be the first end-to-end transaction process […]