Over $ 116 billion worth of decentralized exchange (dex) trades have been placed on the Solana network in November. Record Volume for Solana DEXs As of Nov. 25, Solana’s monthly trade volume on decentralized exchanges (dexs) surpassed $ 100 billion for the first time. The network’s dex trade volume so far in November …
Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $ 6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy amid increasing demand for AI-driven computing. Core Scientific’s Denton Campus to Host $ 6.1 Billion AI Project Core Scientific’s (Nasdaq: CORZ) revised …
Bitcoin exchange-traded funds (ETFs) reached a historic milestone, with a total net asset value of $ 100 billion across the 12 ETFs. Bitcoin ETFs Hit $ 100 Billion, Representing 5.4% of Bitcoin Market Cap Bitcoin’s rally to a record $ 95,000 high on Wednesday saw bitcoin ETFs also hit a historic milestone …
Over the past 14 days since Nov. 2, an eye-popping $ 9.736 billion has flowed into the stablecoin economy, adding to the $ 555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powerhouse in the crypto world, holding immense value and influence. Over …
Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ, seeking to recoup nearly $ 1.8 billion in allegedly fraudulent transfers. The following opinion editorial was written by Alex Forehand …
On Friday, the meme coin economy is down by 6.3% since yesterday with several of the top coins posting declines. Despite the drop, since the start of 2024, the meme coin sector has grown by $ 93.73 billion in value. Shocking Gains: Meme Coins Outpace Crypto Giants in 2024 Frenzy Meme coin assets have …
The bullish outlook of the crypto market along with recent meme coin listings has seen the Solana ecosystem register staggering trading volumes. Meme Coins Fuelling Solana’s Growth Solana (SOL) recently flipped BNB to become the fourth-largest cryptocurrency by market cap. This has resulted in a surge in trading volume on the blockchain known for its […]
It has been over ten months, and through 2024, tether (USDT), the leading stablecoin by market value, has expanded its supply by 34.27%. Tether’s USDT Expands by 34% in 2024 Over the past year, USDT’s supply climbed by 34.27%, rising from $ 91.73 billion to $ 123.17 billion. Tether, launched nine years and …
In the latest twist of crypto market action, solana (SOL) has waltzed past binance coin (BNB) this week, securing its place as the fourth largest digital asset by market cap. Solana Surges Ahead Currently, solana boasts a market cap of $ 97.68 billion, capturing 3.66% of the $ 2.67 trillion crypto economy. As …
Mastercard’s Pay Local is set to transform digital payments globally, connecting 2 billion users with 35 million merchants. Mastercard Pay Local Unlocks Global Reach: 2 Billion Users, 35 Million Merchants Payment giant Mastercard announced on Monday the launch of Pay Local, a global service designed to expand the reach of digital wallets by providing access […]
According to the latest data, the crypto economy’s 2.45% climb over the last day is pushing the total value locked in decentralized finance (defi) protocols tantalizingly close to a $ 100 billion milestone. $ 100 Billion in Sight in the Wide World of Defi Protocols As of 11 a.m. Eastern Time (ET) on …
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between blockchains. Through this procedure, crypto users […]
Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available on November 1, 2024, covers a total value of over $ 21.5 …
The latest Certik Web3 Security Quarterly Report reveals alarming statistics for the second quarter of 2024, with a staggering $ 688 million lost across 184 on-chain security incidents, marking a 37% increase in value lost compared to the previous quarter. Phishing attacks emerged as the most costly threat, accounting for approximately $ 433 …
TON Capital, an innovative airdrop portal designed to onboard the next billion users onto the TON blockchain, is excited to announce its upcoming limited batch of Airdrop Nodes Sales. With the Pre-sale Round set to launch on November 8th at 3 PM (UTC+8), these Airdrop Nodes offer a unique opportunity for participants to stake their […]