Investor interest in assets on the Ethereum network is driving the ecosystem’s value rise. The cumulative total value locked (TVL) in Ethereum layer-2 (L2) networks has surpassed $51.5 billion, setting a new record. According to L2beat statistics, total TVL has increased by more than 205% from $16.6 billion in November
November 28, 2024 1 min read
AgentFun.AI, a platform for building and trading AI agents, has announced its launch on Cronos zkEVM. AgentFun.AI, the first dapp in the Cronos ecosystem devoted to AI agents, is scheduled to launch on November 27. AgentFun.AI functions as a platform that allows users to develop, raise, and trade tokenized AI agents. As they
November 27, 2024 3 mins read
YeagerAI, the development firm that is responsible for the Blockchain GenLayer, has just made an announcement about the debut of the Intelligent Oracle. This oracle is a powerful artificial intelligence-powered oracle that promises to give decentralized data on-chain. The Oracle is able to get any kind of data from the
November 26, 2024 3 mins read
Cantor Fitzgerald, a bond and financial services trading business in the United States, is allegedly in talks with Tether about launching a multibillion-dollar lending program backed by Bitcoin. Customers would be able to borrow money using Bitcoin as collateral under the proposed program. According to a Bloomberg article on Saturday,
November 25, 2024 2 mins read
Nexo, a leading digital assets wealth platform, has announced the introduction of the industry’s first Personal USD Accounts. These accounts will provide customers in over 150 countries with a streamlined and familiar method to access USD bank transfers directly to and from their accounts, all in their own name. Nexo currently
November 25, 2024 3 mins read
Developers of privacy-preserving technology are understandably concerned by the decision to keep Alexey Pertsev in pre-trial detention. While he awaits trial, Pertsev, developer of the Tornado Cash protocol for mixing cryptocurrencies, will stay in custody. Pertsev voiced his displeasure with the court’s decision to prolong his detention in a post
November 23, 2024 2 mins read
According to several local news reports, a court in Seoul, South Korea, declared virtual asset deposit platform Delio bankrupt on November 22. Delio stopped allowing withdrawals last year because they owed their clients 245 billion won ($1.75 billion). The process of liquidation will be initiated by Delio. The first creditors’
November 23, 2024 2 mins read
The cumulative total net inflow for U.S. spot bitcoin exchange-traded funds has surpassed $30 billion for the first time since debut in January. The strong market sentiment that followed former president Trump’s re-election has caused the bitcoin ETFs to see increased levels of trading activity and net inflows. Wednesday was
November 22, 2024 1 min read
In celebration of Nikolai Durov’s 44th birthday, the team is pleased to announce the debut of its first NFT series. Nikolai Durov is a visionary mathematician, cryptographer, and the inspiration behind the NikolAI project. In addition to honoring Durov’s legacy, this unique collection ushers in a new era for the
November 21, 2024 2 mins read
South Korean financial regulators are being quite controlling when it comes to cryptocurrency investment products. Therefore Bitcoin spot and futures ETFs are still not available there. Amidst much consternation, the Financial Supervisory Service (FSS) has also prohibited the introduction of exchange-traded funds (ETFs) that invest in businesses associated with virtual
November 21, 2024 2 mins read
