Category Archives: Blockchain

OKX to Launch VIRTUAL and SUNDOG Perpetual Futures Contracts

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) Sees 200% Surge Following DWF Labs Backing and Exchange Listings

Koma Inu (KOMA) Sees 200% Surge Following DWF Labs Backing and Exchange Listings

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 Rising Force in the Collateralized Debt Position (CDP) Market

USDa A Rising Force in the Collateralized Debt Position (CDP) Market

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 to delist low-liquidity trading pairs for PEPE, DCR, and ZEN

Binance to delist low-liquidity trading pairs for PEPE, DCR, and ZEN

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 acquires $68 million in Bitcoin following senior notes offering

Riot Platforms acquires $68 million in Bitcoin following senior notes offering

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 […]

Haven Protocol price crashes 50% following a security exploit

Haven Protocol price crashes 50% following a security exploit

Haven Protocol, a privacy-focused blockchain project, has suffered a significant exploit that caused the price of its native token, XHV, to plummet by nearly 50%. The price of XHV dropped sharply from $0.0003594 to around $0.0001649, a steep decline that sparked reactions from the community as they learned about the security breach. The Haven Protocol […]

Coinbase’s Project Diamond partners with Chainlink to enhance its decentralized features

Coinbase’s Project Diamond partners with Chainlink to enhance its decentralized features

Coinbase has taken a significant step toward enhancing its Project Diamond platform by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This strategic integration is aimed at accelerating the adoption of digital assets within institutional circles, a key focus for Coinbase as it seeks to position itself as a leader in the growing institutional crypto market. Project […]

Goldman Sachs open to Bitcoin, Ethereum markets

Goldman Sachs open to Bitcoin, Ethereum markets

Goldman Sachs is signaling openness to expanding its participation in the Bitcoin and Ethereum markets, provided U.S. regulators create a more accommodating regulatory framework. CEO David Solomon recently shared this sentiment in an interview at a Reuters event, noting that the bank would consider a more significant presence in the digital asset space if authorized […]

Microsoft shareholders vote against Bitcoin treasury proposal

Microsoft shareholders vote against Bitcoin treasury proposal

On December 10, Microsoft shareholders voted against a proposal to add Bitcoin to the company’s treasury holdings. The proposal, put forth by the National Center for Public Policy Research, aimed to position Bitcoin as a hedge against inflation and a transformative financial asset. However, the Microsoft board recommended rejecting the measure, and the shareholders followed […]

Solana price drops as a “giga bull” predicts it could rise to $500

Solana (SOL) has recently experienced a significant decline, entering what some are calling a local bear market. The price of Solana dropped by 20% from its highest point this year, causing its market capitalization to shrink to $102 billion. This decline is part of a larger crypto sell-off, with other layer-1 and layer-2 cryptocurrencies such […]