With his resignation, Michael Sonnenshein, CEO of Grayscale Investments, has ended his ten-year tenure with the firm. Peter Mintzberg, who is now Goldman Sachs’ Global Head of Strategy, will succeed Michael Sonnenshein, according to the Wall Street Journal (WSJ). Michael Sonnenshein’s legacies are still plainly visible to everyone. As a
May 20, 2024 2 mins read
As per Ripple’s Q1 2024 XRP Markets Report, the volume of XRP Ledger (XRPL) transactions increased by more than 100% between Q4 2023 and Q1 2024, while the average cost of such transactions decreased by about 45%. In comparison to 121.03 million in Q4 of 2023, the on-chain transaction activity
May 19, 2024 1 min read
Despite Bitcoin’s recent surge to new all-time highs, renowned financial analyst Peter Schiff has once again shook up the cryptocurrency market by claiming the cryptocurrency is ‘dead’. In his most recent comments, Schiff, who is typically pessimistic about cryptocurrency, focused on the recent performance of bitcoin relative to silver, drawing
May 19, 2024 2 mins read
Vitalik Buterin, a pioneer in the cryptocurrency sector, praised one of Ethereum’s strengths on Saturday in a X post. The co-founder of Ethereum values the fact that free expression is not stifled inside the Ethereum ecosystem. Moreover, according to Buterin, Ethereum does not censor its users or the general public
May 18, 2024 2 mins read
Fundraising in the cryptocurrency market reached $2.4 billion in the first quarter of 2024, thanks to a shift in market mood and fresh inflows. According to a recent PitchBook analysis, the cryptocurrency sector saw a huge increase in investment numbers quarter-on-quarter. The bull market in Q1, during which cryptocurrency values
May 18, 2024 2 mins read
Supra, a leading provider of Oracle data feeds and verifiable randomness across 80+ blockchains, is thrilled to announce its integration with ApeChain, making it the first Oracle price feeds and verifiable randomness protocol to be deployed on Arbitrum’s new Layer 3. GameFi, DeFi, and other decentralized apps based on ApeChain will be able to
May 16, 2024 3 mins read
Today marks the debut of Pyth Price Feeds on Xion, the first blockchain designed specifically for consumer adoption by providing seamless user experiences for everyday consumers via crypto abstraction. Xion-based smart contract developers now have access to more than 500 real-time price feeds for both digital and conventional asset types. XION
May 15, 2024 4 mins read
Three new C-suite executives have joined the team at Brillion, a smart wallet development company. The new leadership will boost Brillion’s efforts to develop and market solutions that combine digital assets with conventional finance by bringing a variety of leading-edge industry experience. After working as the CTO and CPO for
May 15, 2024 3 mins read
Michael Novogratz, CEO of Galaxy Digital, has expressed pessimism about the short-term future of Solana, Ethereum, and Bitcoin. While adoption from more conventional investors increases, Novogratz predicted that Bitcoin’s price would stay relatively flat this quarter on a May 14 conference call. Following last week’s corrections that saw Bitcoin’s price
May 15, 2024 2 mins read
Binance has added the FLOKI memecoin to its listing in Thailand. The result is a dramatic increase in the value of the memecoin. FLOKI, which has been steadily growing in popularity in Thailand, went to X to announce the new listing. The FLOKI price surged by over 7% post the
May 14, 2024 2 mins read
