Grand Cayman, Cayman Islands, February 5th, 2024, Chainwire After Sui’s TVL surged more than 1500% over the last five months of 2023, its TVL has more than doubled since the start of 2024 Sui, one of the fastest-growing Layer 1 blockchains, continued its impressive DeFi growth, surpassing $500M in Total
Applications for unlicensed virtual asset service providers (VASPs) are due on February 29th, and those who did not get approval were told to stop operations by May 31st, according to the financial services department of the Hong Kong government. Given that certain VASPs were already operating in Hong Kong prior
Jupiter, a Solana-based decentralized exchange (DEX), recently experienced a whirlwind of developments that stirred excitement within the crypto community. However, as the dust settles, the project finds itself navigating a challenging phase, with the JUP token witnessing a significant price drop. First and foremost, Jupiter executed one of the largest
The Web3 finance landscape has evolved immensely over the last couple of years, something that is made evident by the fact that the industry is projected to grow from its current valuation of $4.42 Billion to approx. $57.72 Billion by 2032. However, despite this immense potential, many experts are of
Decentralized platform Abracadabra.money’s stablecoin, MIM, had a precipitous decline to $0.76 after news of a $6.5 million vulnerability. Initial details of the hack were revealed by blockchain security company PeckShield at 11:35 UTC Tuesday. The organization went on to say that the attack was funded using Tornado Cash, a sanctioned
Announcing the launch of its Private Beta program is Signet, the newest advancement in Multisig solutions and business workflow management. Signet, created by the same team that brought us the well-known Talisman Wallet, has the potential to revolutionize the way on-chain businesses handle approval and signing procedures by providing an
Mike McGlone, a senior commodity analyst at Bloomberg, predicts that Bitcoin would underperform the stock market in 2024 when adjusted for risk, while gold could emerge victorious. In spite of the optimistic talk around the impending Bitcoin halving and the recent approval of spot Bitcoin ETF, the biggest cryptocurrency may
DOVER, Del.–(BUSINESS WIRE)–Noble and Hashnote today announced a partnership to bring Hashnote products to the Cosmos ecosystem, using Noble as an on-chain asset issuance platform. The first Hashnote product to be issued on Noble is USYC, a Hashnote Short Duration Yield Fund product. USYC is an innovative financial vehicle that
The nonprofit Ethereum Foundation sold off approximately $1.94 million worth of its native ETH tokens this past week, adding pressure amid an already fluctuating cryptocurrency market. According to blockchain analytics provider Spotonchain, the foundation liquidated over 800 ETH across two wallet addresses in under an hour on Wednesday. The sales
Vitruveo is not just another blockchain platform; it is a dedicated Blockchain for Creators, utilizing an EVM-based protocol as the bedrock for constructing a decentralized ecosystem. Focused on empowering creators in various domains, Vitruveo aims to unlock sustainable income for visual artists, musicians, gamers, filmmakers, and beyond, by fostering trust,
