According to an announcement made by Web3 liquidity layer Orderly, it has successfully deployed its chain-agnostic infrastructure on EVM Layer 1 Sonic. The integration of Orderly will bring its omnichain orderbook to Sonic, which will make it possible for users and developers of the new L1 to gain access to deep liquidity levels.
January 20, 2025 3 mins read
Powerloom, the composable data layer for next-generation onchain apps announced the mainnet launch of its much awaited L2 Chain on the Ethereum network. The Powerloom team and community tested the protocol extensively before moving to the mainnet in order to optimize it. The Generative Prediction Markets (GPM), a next-generation onchain prediction market dApp
January 17, 2025 4 mins read
In January 2025, with the Republican Party securing a majority in the U.S. Senate, Senator Tim Scott of South Carolina assumed the chairmanship of the Senate Banking Committee. Senator Scott has identified the establishment of a regulatory framework for digital assets as a key priority for the 119th Congress. Under
January 16, 2025 2 mins read
The domination of altcoin trading volume on Binance has reached 78%, which, according to a crypto expert, suggests a substantial possibility of an altcoin bull market in 2025. According to a market assessment by CryptoQuant contributor Burakkesmeci published on January 11th, the altcoin market may keep gaining steam in the
January 12, 2025 2 mins read
In light of recent legislative changes, the global cryptocurrency exchange Bybit has announced the temporary suspension of its crypto trading services in India. Bybit has announced that from January 12 at 8:00 am UTC, a number of services, including cryptocurrency trading, account opening, and order placement via other exchange products,
January 10, 2025 2 mins read
Transak, a fiat-to-crypto onboarding provider trusted by over 350 companies, including Coinbase, Uniswap, and Metamask has announced its collaboration with Ronin, an EVM-based blockchain built specifically for gaming with over $147M TVL (Source). Now live on Ronin, Transak’s fiat-to-crypto infrastructure allows users to easily buy $RON, $USDC, $WETH, and $SLP with fiat
January 10, 2025 5 mins read
Bybit was ordered to stop operations in Malaysia by the Securities Commission (SC) due to allegations that it was operating an unregistered digital asset exchange (DAX). In a public announcement made on December 11, the Malaysian securities regulator ordered Bybit to take down all digital platforms, including its website and
December 30, 2024 2 mins read
The results of the election, according to leading crypto trading firms, have been a major reason for the dramatic rise in over-the-counter trading volumes throughout the last few months. Head of institutional at crypto exchange Kraken Tim Ogilvie told The Block, “Long story short, OTC is going gangbusters right now.”
December 26, 2024 3 mins read
A recent research of the world’s best cryptocurrency jurisdictions conducted by ApeX Protocol, a multichain liquidity platform, established Singapore as the worldwide champion of blockchain technology. Singapore came out on top with a composite score of 85.4 in the research. That assessed 10 countries based on blockchain patents, blockchain-related jobs,
December 26, 2024 2 mins read
A Web3 ecosystem that has been validated by the United States Department of Defense, Constellation Network, has announced today that it has launched a customized blockchain that was developed in partnership with the Common Crawl Foundation. The goal of this launch is to create the industry’s first cryptographically secure and
December 20, 2024 5 mins read
