The volume on the Solana (SOL) blockchain DEX has reached a new record high. The total transaction volume on the Solana DEX in a single day has surpassed $3.5 billion. This increase is in line with the general trend of rapid expansion in the crypto industry that has been going
March 17, 2024 1 min read
Censoring listed tokens is one way that crypto exchange Binance is trying to keep its users secure. Cryptocurrency investors have fallen victim to rug pull schemes using unverified digital assets. At the end of the day, investors lose millions of dollars due to these frauds. Regulators, who already see cryptocurrency
March 16, 2024 1 min read
March 15 saw the addition of cryptocurrency exchange MEXC to the warning list maintained by Hong Kong’s Securities and Futures Commission (SFC). The SFC has said that MEXC is advertising its services to investors in Hong Kong even though it does not have a license to operate in the region
March 16, 2024 2 mins read
The recently launched decentralized physical infrastructure network (DePIN) io.net is planning to include Apple silicon chip technology into its artificial intelligence (AI) and machine learning (ML) offerings. Using GPU processing power from dispersed data centers, cryptocurrency miners, and decentralized storage providers, Io.net’s Solana-based decentralized network powers machine learning and artificial intelligence
March 14, 2024 2 mins read
The U.S CFTC is expected to propose additional regulatory measures for the predictions market. The goal of these safeguards is to reduce potential dangers and biases in vertically integrated models. Particularly in the crypto industry, models of such systems that allow enterprises to manage several levels of their supply chain
March 13, 2024 2 mins read
The statements made by Jamie Dimon, CEO of JPMorgan, about Bitcoin in an interview with CNBC were widely reported. Even though Dimon has always been a vocal opponent of cryptocurrencies, his most recent remarks have ignited debates in the financial industry. He showed some subtlety in his position on the
March 12, 2024 2 mins read
On March 9, the total value locked in DeFi protocols surpassed $100 billion, thanks to the demand for Bitcoin which is boosting the mood surrounding the crypto sector. Data from DefiLlama shows that decentralized financial protocols have a total value locked (TVL) of $100.1 billion, with a volume of over
March 10, 2024 2 mins read
In the run-up to the pivotal halving, Bitcoin miners had hoped for a rapid mining rate. Bitcoin miners have reportedly hit a new monthly energy consumption peak, according to a Bloomberg article. Bitcoin prices have remained high and skyrocketed due to the supply shock and the simultaneous increase in the
March 9, 2024 1 min read
With the emergence of Bitcoin (BTC) as a valuable asset, crypto-friendly travel service Travala.com is introducing a BTC cashback scheme to reward its premium customers. Those who reached the Smart Diamond level of the loyalty reward program run by the AVA Foundation’s blockchain platform may take advantage of Travala’s new incentive
March 7, 2024 2 mins read
With the launch of its Next platform, cryptocurrency exchange Binance lets users predict which tokens will be added to its futures exchange next. In a statement today, the exchange said that users might suggest tokens to be listed. Any trader may bet on a nominee after they’ve been nominated. In the event
March 7, 2024 1 min read