ACT, a meme cryptocurrency that originated from a Discord server, soared 1,720% upon listing on Binance, increasing its market cap from $20 million to $422 million. The trading volume rocketed
Finance news
The RWA sector could see an over 50-fold increase by 2030, potentially reaching over $30 trillion, according to the world’s largest consulting firms.
Humpy the Whale, a crypto operator, is facing a lawsuit filed by FTX’s estate for allegedly manipulating the crypto exchange. The lawsuit accuses Humpy of buying obscure tokens, inflating their
The on-chain trading ecosystem of Solana is proving to be highly profitable, ranking third in financial sectors in crypto. 75-90% of Solana’s transaction fees stem from trading-linked activity, significantly surpassing
Tether, the issuer of the USDT cryptocurrency, has funded a $45 million crude oil transaction using 670,000 barrels from the Middle East, expanding beyond the stablecoin market and into global
Block, previously known as Square, is shifting focus towards supporting bitcoin miners and enhancing their self-custody crypto wallet, Bitkey. This new strategy involves decreasing their involvement in other projects, such
Coinbase has introduced cbBTC, linking Bitcoin to the Solana blockchain, in hopes of stimulating DeFi activity on Solana. This development is significant as it fills the gap left by the
Galaxy Digital is considering repurposing its mining power for high-performance computing (HPC) due to lessened profitability and increased competition following the Bitcoin halving event. The shift may benefit both miners
World Liberty Financial, a finance project backed by Trump’s family, made $1 million without selling anything, after selling half of the planned 1.02 billion tokens for $0.015 each. The company
JPMorgan has renamed its blockchain and tokenisation unit, Onyx, as Kinexys and plans to introduce round-the-clock, automated multi-currency settlements from Q1 2025. Kinexys aims to increase interoperability and reduce limitations