A MoU on bilateral cooperation on wholesale CBDC and tokenization was signed by the Hong Kong Monetary Authority (HKMA) and the Banque de France (BDF). Along with the many bigger initiatives in which the duo are involved, this effort is still ongoing. According to a statement from the HKMA, they
The altcoin market has been grappling with a persistent bearish trend over the past month, hitting new recent lows. Among them, Polkadot’s native token DOT plummeted to a six-month low of $5.389 just five days ago. However, showing resilience, DOT swiftly recovered to $6.442 within three days, marking a 7%
US-based asset manager VanEck, in an interesting turn of events, filed an application for spot Solana ETF, fueling a price pump in the altcoin. After witnessing a rough monthly performance, Solana price has begun to show signs of price recovery in the last few days. In the last 24 hours,
Altcoins Show Signs of Recovery: MTAUR Leads the Incoming Bull Run The market has recently seen a pullback largely centered around Bitcoin (BTC). Its dominance seems to weaken, which is an interesting sight to see. What’s even more interesting is that, despite this, several altcoins are showing signs of resilience
Multiple rug pull scams occurred over the past few months in the crypto market. Amidst celebrity memecoin shillings and the launch of numerous new tokens, the scams have also shown a surge. Relatively, Doraemon themed token, DORAE originated in the market on Wednesday with signs of rug-pull within 24-hours of
It seems that the Dencun upgrade to the Ethereum blockchain in March is to blame for the longest inflationary phase in the quantity of fresh Ether since the Merge in 2022. Since April 14, the total supply of Ethereum (ETH) has increased by more than 112,000 ETH, as reported by
In a move that got attention in the market, DWF Labs has deposited approximately 24 million JASMY tokens to the leading exchange Binance. This was highlighted by SpotOnChain, a renowned platform for on-chain analytics, on social media platform X. According to SpotOnChain, the deposited JASMY tokens equate to a value
Pepe (PEPE), one of the most trending frog-themed memecoins recently, has shown a bullish run in the past 24 hours. Following this, the memecoin witnessed a huge whale movement in the early hours of Tuesday. The whale account identified as ‘0x837’ moved 700 billion PEPE, worth approximately $7.85 million, to
The CEO of Helius Labs, the development platform for Solana, Mert Mumtaz, recently provided an update that gives the Solana ecosystem cause for optimism. Without the need for layer-2 networks, Mumtaz said in an X (formerly Twitter) post that “ZK compression” is being implemented directly on the Solana network. According
Earlier, Cardano co-founder Charles Hoskinson dropped a clue about the much-anticipated Chang Hard Fork update two weeks ago, saying that it would likely launch in June. The co-founder went on to say that the Chang Hard Fork is imminent, and that Cardano Node would shortly reach version 9.0. It is
