The crypto market is showing no significant gains today. The price drop triggered by global trade tensions and macroeconomic conditions is still having an effect on the market. While Bitcoin couldn’t climb past $83K, altcoins are also recording dull market performance. Meanwhile, a few tokens are witnessing price gains, such
Members of the House of Representatives voted with a clear majority to reverse IRS regulations that define crypto entities together with DeFi platforms as brokers. The latest IRS rule required all crypto entities to gather tax information from their users before the Biden administration left office. The Congress gained a
The digital assets market has managed to remain in its recovery lane over the past 24 hours. Bitcoin is currently trading at $92,000 after much turmoil this week. While investors wait with bated breath to see its consistency, other aspects regarding the US crypto reserve have been advancing. Notably, just
Layer-1 blockchain Berachain’s total value locked (TVL) has surpassed $3.26 billion. This makes it the sixth-largest network in decentralized finance (DeFi), according to data from DefiLlama. The surge has pushed Berachain ahead of Arbitrum and Base, which hold $2.9 billion and $3.24 billion, respectively. Breaking: @Berachain has officially surpassed @Base
HyperLiquid has officially launched HyperEVM on its Layer-1 blockchain. The upgrade is said to enhance smart contract functionality while maintaining the platform’s low-latency trading experience. This marks a new step towards making HyperLiquid a robust financial ecosystem and Decentralized Finance (DeFi) giant. Hyper Foundation confirmed the launch on February 18, emphasizing
The crypto market never sleeps, and 2025 is shaping up to be one of the wildest years yet. With Bitcoin inching closer to another all-time high and Ethereum solidifying its dominance in the DeFi and NFT spaces, investors are watching every move. But here’s the kicker—those who missed the boat
Berachain, an Ethereum Layer 1 Blockchain has officially confirmed the launch of its mainnet and token generation event will happen on February 6, 2025. The announcement comes with anticipation as crypto enthusiasts eye Berachain’s Proof of Liquidity (PoL) consensus model. Berachain is designed to align security and liquidity in its
The Sonic founder exposes SEC harassment behind his 2022 DeFi departure. In a recent blog post on Medium, Andre Cronje, founder of Sonic revealed the shocking truth about SEC. Andre Cronje says that back in 2021 SEC used to harass him and repeatedly scare him by sending threatening letters. Because
The highly anticipated Abstract blockchain mainnet is set to launch tomorrow, January 28, 2025. Touted as the “Year of Abstraction,” this marks a pivotal moment for the blockchain industry. The Abstract aims to transform how developers and users interact with blockchain technology. Abstract Mainnet. Tomorrow. pic.twitter.com/ExkX8RgxDb — Abstract (@AbstractChain) January
Decentralized Finance, often referred to as DeFi transitioned from a niche to a mainstream industry over the years. It is projected to be a disruptor for the global banking system in 2025, valued at over 30 trillion dollars. Traditional financial services are now facing competition as DeFi protocols offer open,
