In its first four months of launch, Bitcoin Runes—a protocol for non-fungible tokens—processed 15.6 million transactions, resulting in fees of $162.4 million. In the first two months, Runes accounted for the bulk of transactions, with Dune Analytics reporting daily totals reaching 300,000. With almost a million transactions in minting, etching,
SwapKit.dev, a leader in cross-chain infrastructure, has integrated BitPay, a Bitcoin and cryptocurrency payment processor. This integration allows BitPay Wallet users to directly swap a wider range of cryptocurrencies within their wallets. The integration expands the capabilities of the BitPay Wallet, enabling users to swap a wide array of cryptocurrencies,
Less than two days after the hack of Polygon’s Discord, hackers have now impacted Layer 2 blockchain ZKsync’s and Layer-1 network Avalanche’s official servers. The official Avalanche account reported a hacked Discord server and warned users not to engage with or click on any links in a message to X
Hong Kong’s Securities and Futures Commission (SFC) has identified various shortcomings among crypto firms seeking full licenses. These findings emerged as the SFC intensified its scrutiny of virtual asset trading platforms under its new regulatory framework, which came into effect in 2024. The SFC recently revealed that some crypto entities
A Major Step for BSCS BSCS has successfully secured a strategic investment from K300 Ventures, marking a major milestone in its journey to foster innovation. BSCS operates as a decentralized protocol that supports incubating and launching new blockchain projects, facilitating the smooth transition of innovative ideas from conception to execution.
While the global crypto market is displaying mixed price actions today, the Artificial Superintelligence Alliance (FET) has emerged as a top performer. Bitcoin (BTC) remains above $64,000 and Ethereum (ETH) trades near $2,800. FET has rallied nearly 20%, climbing from a low of $1.17 to a high of $1.40. Over
The Telegram platform has garnered attention from the community, with the arrest of co-founder Pavel Durov. The arrest occurred on Saturday when he arrived in France for allegations related to Telegram’s moderation activities. Several leading community members have expressed their concerns regarding the issue. Notably, the messaging platform made an
Introducing $FUKU, a Community-Driven Meme Token Celebrating the Bond Between KabosuMama and Fuku-kun, Now Available on Over 10 Exchanges In a move that unites the spirit of the iconic Doge meme with the love of new beginnings, the $FUKU token has officially launched to commemorate the friendship between KabosuMama, the
In a few weeks after beginning beta testing, Ripple minted the first tokens of its forthcoming stablecoin, RLUSD, on Ethereum and the XRP Ledger. With the announcement of their new stablecoin, Ripple made their first foray into the $177 billion stablecoin market earlier this year. The token’s release was long
A new development has occurred in the ongoing FTX restructuring proceedings; the case’s United States trustee has voiced strong concerns to the crypto exchange’s revised reorganization plan. Although the FTX estate claims that the proposed plan has the backing of many creditors. The trustee Andrew Vara and other creditors have
