The Cronos EVM v1.4.0 Pallene upgrade, which Cronos has completed, will significantly improve the network’s transaction processing power. With capabilities that would boost transaction processing by up to 600 times, the upgrade marks a major breakthrough in blockchain scalability. The use of Block-STM technology, which permits parallel transaction processing inside individual
December 12, 2024 3 mins read
Crypto.com is pleased to announce that the AED Fiat Wallet is now accessible to users in the United Arab Emirates. In order to purchase and sell cryptocurrency, users who have a phone number in the United Arab Emirates may now effortlessly deposit and withdraw AED into their Crypto.com account. Users are
December 11, 2024 3 mins read
In light of Bitcoin’s capacity to provide financial stability in the face of unstable fiat markets, Mayor Ken Sim of Vancouver, Canada, is encouraging the city council to investigate its incorporation into municipal financial policies. “Preserving of the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming A Bitcoin
December 10, 2024 2 mins read
For the sixth week running, starting in early November, MicroStrategy has increased its Bitcoin purchases. The software firm raised its total Bitcoin holdings to 423,650 after announcing the acquisition of 21,550 BTC for $2.1 billion. Having achieved a BTC yield of 43.2% QTD and 68.7% YTD, MicroStrategy said in a
December 9, 2024 1 min read
Among the biggest digital collectible blockchains in terms of sales, Ethereum had the best start in December for non-fungible tokens (NFTs). Continuing a rising trend that started in October, NFT data tracker CryptoSlam revealed on December 8 that digital collectibles had a weekly sales volume of over $187 million during
December 8, 2024 1 min read
The crypto market is about to embark on a pivotal week, as all eyes are on the US CPI inflation statistics. This week also brings the US Producer Price Index (PPI) statistics, another important inflation gauge that the US Federal Reserve uses to determine whether or not to decrease interest
December 8, 2024 2 mins read
The EOS mainnet is now supported by Ceffu, Binance’s institutional custody partner, according to a recent announcement from the EOS Network Foundation (ENF). Through Binance’s MirrorX integration, this cooperation offers institutional-grade custodian services while opening up additional CeDeFi prospects for holders of EOS tokens. Institutions may use multi-party computation (MPC)
December 5, 2024 3 mins read
According to the proposed guidelines put forth by the Australian corporate regulator, crypto exchanges and businesses dealing with digital assets would no longer be able to escape expensive licensing. In a consultation document on new crypto guidelines issued on December 4th, the Australian Securities and Investment Commission (ASIC) classified several
December 4, 2024 1 min read
The closure of RTFKT has been announced. RTFKT was the creators of the NFT sneakers and avatars that Nike purchased in 2021. The company announced its plans to cease operations by January 2025 in a post on X on December 2. In December, RTFKT will issue its last collection, the
December 4, 2024 2 mins read
In honor of its 6th anniversary, Bybit, the second-largest cryptocurrency exchange in the world based on trading volume, celebrates a journey of development, innovation, and resiliency that has completely changed the cryptocurrency space. Bybit’s outstanding accomplishments demonstrate its explosive growth in the cryptocurrency space. The platform’s capacity to draw in
December 3, 2024 3 mins read
