News

Flashbots Launches BuilderNet to Decentralize Ethereum’s Block Building

BuilderNet, a decentralized block-building network for Ethereum, was officially launched on November 26. Operated by Flashbots, Beaverbuild, and Nethermind, this network aims to address centralization issues while bolstering censorship resistance and neutrality on Ethereum. Ethereum currently uses a proposer-builder separation model for block construction. Builders create blocks, and proposers select

November 27, 2024 2 mins read

Fantom (FTM) Ends Prolonged Bearish Trend with 60% Surge

While the global crypto market is stumbling due to Bitcoin’s sudden plunge to the $91K zone, Fantom (FTM) has emerged as the top gainer, surging to a 9-month high. Over the past 24 hours, FTM has climbed 21.74%, rising from a low of $0.9282 to an intraday peak of $1.13—a

November 27, 2024 3 mins read

Jim Cramer Advocates Crypto Investment and Clarifies His Crypto Stance

American television personality Jim Cramer clarified his stance on cryptocurrency on his latest show. Cramer endorsed owning crypto as a hedge against inflation and mentioned it could save investors from the “government’s busted budget”. Being known for his outspoken and unapologetically opinionated nature on financial topics, his crypto views are

November 27, 2024 2 mins read

Can Stellar (XLM) Regain Momentum After a 13% Drop?

Stellar (XLM) recently captured market attention with a dramatic 90% weekly surge and has encountered a significant downturn. The cryptocurrency plummeted 13% in the past 24 hours, with an 18% drop in trading volume. This sharp correction comes just days after XLM reached a peak of $0.6376, trading now at

November 27, 2024 2 mins read

Bitcoin Surges Above $109K to a New ATH as Trump Presidency Sparks Rally

Donald Trump Administration Looks to Expand CFTC’s Role in Crypto Oversight

President-elect Donald Trump’s forthcoming administration plans to reshape the regulatory framework for cryptocurrencies in the United States by granting the Commodity Futures Trading Commission (CFTC) authority over digital assets, including Bitcoin and Ethereum. If Congress approves, the CFTC’s expanded role will regulate the spot markets for digital commodities and oversee

November 27, 2024 1 min read

US Court Lifts Sanctions on Tornado Cash Smart Contracts

The U.S. Fifth Circuit Court of Appeals has ruled that the Treasury Department’s Office of Foreign Assets Control (OFAC) overstepped its authority in sanctioning immutable smart contracts of Tornado Cash. The court found these contracts, as self-executing open-source software, cannot be classified as property under the International Emergency Economic Powers

November 27, 2024 2 mins read

YeagerAI Launches Intelligent Oracle Powered by GenLayer, Bringing Decentralized AI Data to Dapps

YeagerAI, the development firm that is responsible for the Blockchain GenLayer, has just made an announcement about the debut of the Intelligent Oracle. This oracle is a powerful artificial intelligence-powered oracle that promises to give decentralized data on-chain. The Oracle is able to get any kind of data from the

November 26, 2024 3 mins read

AI Agents and Memecoins: The Unlikely Fusion Reshaping Crypto

io.net Partners with OpenLedger to Advance Decentralized AI Development

The partnership between GPU DePIN io.net and OpenLedger, the AI data blockchain that specializes in high-quality verifiable data, was announced. Through the partnership, OpenLedger will be able to improve its AI models by gaining access to io.net’s compute layer. OpenLedger will be able to use the distributed GPU network of io.net and

November 26, 2024 3 mins read

Velar and StackingDAO Launch Industry-First STX/stSTX Stableswap Pool on Bitcoin

Velar, the leading Bitcoin-based liquidity protocol that brings trillions of dollars in dormant capital to DeFi markets, has partnered with StackingDAO to provide the first-ever dedicated stableswap trading pair for STX/stSTX tokens on Stacks. By using a unique stableswap curve to facilitate quick, low-slippage swaps for STX tokens and their staked equivalent, stSTX, with

November 26, 2024 3 mins read

Powerloom Announces the Mainnet Launch of its Highly Awaited L2 Chain

Phlomis Finance Partners with responsAbility to Expand RWA Investment Options

Phlomis Finance, a real-world asset investment platform built on the Chromia blockchain, has announced a partnership with Zurich-based responsAbility Investments AG. With more than two decades of experience, responsAbility has made a name for itself as a pioneer in impact investing worldwide. With an emphasis on generating impact in developing economies,

November 26, 2024 3 mins read