Even if a pro-crypto president is about to enter office, Binance CEO Richard Teng has said that it is premature to talk about the possibility of the cryptocurrency exchange re-establishing itself in the US after its forced withdrawal a year ago. When asked on December 9 whether Binance will seek
December 10, 2024 2 mins read
Riot Platforms, a Bitcoin miner, has stated that it would be raising $500 million to speed up its Bitcoin acquisition strategy. Convertible senior notes maturing in 2030 worth $500 million were proposed for private sale to eligible institutional investors by the company on Monday. Specifically, the aforementioned digital asset is
December 9, 2024 1 min read
In order to support a new generation of crypto apps that were previously impossible, Layer N, the high-performance blockchain project backed by Peter Thiel’s Founders Fund, has announced its transformation into N1, a full-stack app-centric Layer-1 blockchain built to emphasize scalability and speed. The goal of N1 is to enable onchain
December 5, 2024 2 mins read
Despite having only been available for trading for a little over a year, the BlackRock Bitcoin ETF (IBIT) has already amassed assets under management of about $50 billion. That puts IBIT in the conversation for best ETF launch of 2024. With daily inflows into IBIT, market observers are eagerly anticipating
December 4, 2024 2 mins read
The brand-new uranium trading platform Uranium.io, which is powered by Tezos technology, is live. Uranium.io is a decentralized application (dApp) that was created with the intention of removing obstacles to an asset class that is driving the AI revolution but was previously only available to institutional investors. The platform is supported
December 4, 2024 3 mins read
Fuse Network, a payments-focused blockchain, has announced a strategic partnership with Stargate, the industry’s leading cross-chain asset bridge. Through the use of Stargate’s Hydra technology, the collaboration seeks to improve cross-chain interoperability and liquidity inside the Fuse ecosystem, enabling smooth, safe, and economical asset transfers. As it looks to grow its
December 3, 2024 2 mins read
Bybit, the second-biggest cryptocurrency exchange globally in terms of trading volume, has set new Web3 growth benchmarks inside the TON ecosystem. SpaceS, Bybit Web3’s first fly-to-earn and meme-filled Telegram game, has been a huge success, and its organic connections with The Open Network (TON) have accelerated the growth of its
November 30, 2024 3 mins read
An increase in trading activity and market speculation has been indicated by the substantial jump in bitcoin futures open interest after Donald Trump’s U.S. presidential election win on Nov. 5. Experts insist that leveraged trades are safe from an impending market correction, despite the spike. Coinglass data shows that the
November 29, 2024 2 mins read
Pump.fun’s livestream feature has caused major controversy and is the target of criticism. The platform allows users to quickly create meme coins. The feature has been called for removal because of its abuse for extreme content and financial fraud, despite its original intent of helping developers market their ideas. Things
November 25, 2024 2 mins read
In a settlement with the class action lawsuit, Shaquille O’Neal has consented to pay $11 million. The complaint was filed by holders of the Astrals NFT collection. Judge Federico Moreno must now decide whether or not to approve the settlement. Which was presented as an uncontested proposal on Monday in
November 25, 2024 2 mins read