In spite of the turbulent market, the crypto community’s tenacity was evident while looking back on the eventful year of 2023. Together, we looked at creative approaches to incorporating cryptocurrencies into daily life, such as payment processing. The potential for widespread industry adoption of cryptocurrency payments is immense, which is
January 9, 2024 6 mins read
As Solana (SOL) surged through many price points in December, the on-chain transaction volume soared along. SOL’s price continued to rise until early January, after which it succumbed to bear dominance and has been facing severe selling pressure. However, the volume of blockchain transactions has been steadily rising, with a
January 8, 2024 1 min read
Over the last day, Polygon NFT volume has surpassed Solana (SOL) volume. Data from CryptoSlam shows that the popular Ethereum-based Layer-2 scaling protocol has surpassed Solana to take third place, after Ethereum (ETH) and Bitcoin (BTC). Polygon’s daily sales volume for the last 24 hours was $7,745,969, according to CryptoSlam
January 8, 2024 1 min read
The team behind the Shiba Inu has declared their intention to burn 9.25 trillion SHIB coins this month. Aiming to drastically decrease the circulating quantity of the famous meme coin, this endeavor signifies a major change in the cryptocurrency’s approach. After a string of regular, although smaller sized burns, the
January 7, 2024 1 min read
According to reports, investment banking behemoth BlackRock Inc. is planning to slash 3% of its employees in a massive reorganization similar to the mid-year layoffs that occurred in 2023. Charles Gasparino, a senior correspondent for Fox Business Network, claims that in three days the financial behemoth will announce the layoffs,
January 7, 2024 1 min read
Banco de Espana, the central bank of Spain, has selected its partners for the central bank digital currency (CBDC) trials, which were announced a year ago. A resolution announcing the collaboration with Cecabank, Abanca, and Adhara Blockchain was released on January 3rd by the central bank. The following six months
January 5, 2024 1 min read
After promising NFT purchasers a year ago, YouTuber and social media personality Logan Paul is now going to pay out some of the disappointed investors in his formerly lofty CryptoZoo NFT game. Moreover, for everyone who planned to play CryptoZoo, Logan has announced a “buy back” scheme that would repurchase
January 5, 2024 1 min read
A modification to the Credit Finance Act has been suggested by the Financial Services Commission (FSC) of South Korea, which would significantly limit the use of credit cards for crypto transactions. This is an effort to prevent the possible misappropriation of money and speculative activity. The main goal of the
January 4, 2024 2 mins read
After receiving accolades from Vitalik Buterin, co-founder of Ethereum, the governance token of the Ethereum Name Service (ENS) soared over 70% on January 3rd. Buterin emphasized that the Ethereum Name Service is “super important” in a post he made on Twitter on January 3. He also emphasized that the platform
January 4, 2024 2 mins read
A worrying turn of events in India’s cryptocurrency scene has unfolded as crypto investment behemoth CoinDCX denies rumors that the exchange is the subject of investigation by the Delhi Police. Police in Delhi are reportedly looking into allegations of mobile app-based bank fraud. A number of complainants have noticed abnormalities,
January 3, 2024 2 mins read