Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain. According to the official announcement, Sky said the launch positions USDS as “the first major DeFi-native stablecoin on Solana,” offering new avenues for borrowing, lending, and trading on the blockchain’s leading DeFi platforms. “Today’s […]

Cryptocurrency market clearly taking break

TL;DR GraFun expands its memecoin launchpad platform to Ethereum to attract more users and take advantage of its higher liquidity. The platform stands out for its “Fair Curve” model, which minimizes risks of fraud and price manipulation in token issuances. With the backing of Floki (which owns more than 40%) and DWF Labs, GraFun establishes […]

TL;DR Fhenix launches an update for its Nitrogen testnet, improving decentralization, security, and user experience. The new Threshold Network enables decentralized and multiparty decryption, enhancing security and reducing censorship risks. Parallel Decryptions, Security Zones, and Celestia are incorporated to improve performance, flexibility, and reduce transaction costs. Fhenix, a Layer-2 network that utilizes Fully Homomorphic Encryption […]

XRP, despite a weekly surge of 57%, is down 3.4% today, buoyed by Societe Generale’s announcement of a MiCA compliant stablecoin on XRPL and potential Ripple and Cardano collaborations. Speculation about SEC Chair Gary Gensler resigning has positively influenced XRP amidst election results. Ripple CEO Brad Garlinghouse criticises potential SEC Chair candidate Robert Stebbins for […]

BONK reclaimed its position as Solana’s top meme coin with a market cap of US$3.9 billion. outpacing WIF. Bonk’s initiatives like BURNmas and ecosystem projects such as BONKbot and BONKSwap have fuelled its rising popularity and engagement. Solana’s memecoin market dipped by 3.6%, but the SOL price itself edges closer to its US$259 all-time high […]

Canaan Inc. (NASDAQ: CAN), a provider of computing solutions, has made progress in several areas, including securing investments, expanding its product offerings, and growing its mining operations. Canaan Secures $30 Million The company recently entered into a securities purchase agreement, selling up to 30,000 Series A-1 Preferred Shares at $1,000 each to an institutional investor. […]

The vulnerabilities caught the attention of the former CEO of Binance, Changpeng “CZ” Zhao who advised users to update their operating system immediately.

A social media company that’s majority-owned by US President-elect Donald Trump is reportedly in talks to acquire Bakkt, a crypto trading and custody firm backed by Intercontinental Exchange Inc. The Financial Times, citing “two people with knowledge of the talks,” reports that the Trump Media and Technology Group, which operates Truth Social, a microblogging platform, […]

Market analytics platform Arkham Intelligence is announcing the launch of a new spot trading exchange. In a new thread on the social media platform X, the crypto intelligence firm says it plans to start a new spot trading service in the US, launching as soon as next week. However, Arkham notes that some US users […]

Donald Trump is endorsing a line of guitars, cryptocurrency ventures, Bibles, sneakers, watches, photo books.

Residents can now use cryptocurrency to legally purchase real estate in South Africa in a first-of-its-kind offering. Real Estate Purchases Made Easy With Crypto Schindlers Digital Assets along with Schindlers Attorneys and Broll Auctions and Sales have developed the first legally-compliant process for crypto holders in South Africa to buy real estate with bitcoin or […]

The Cardano blockchain has witnessed a surge in trading activity over the past few weeks, with price data relaying this trend. Cardano’s price increase in the past 30 days has been more than impressive, with its price doubling within this period. At the time of writing, the ADA is now trading at its highest point […]

In an effort to tackle electricity shortages, Russian officials disclosed plans to suspend cryptocurrency mining in several regions this winter. The ban will impact the Irkutsk region, portions of Buryatia, the Zabaikalsky region in Siberia, and six North Caucasus areas, including Chechnya and Dagestan. Mining will also be prohibited in the Russian-controlled Ukrainian regions of […]

There is rhythm to Bitcoin cycles, according to Fidelity’s Jurrien Timmer

Follow Nikolaus On X Here Today, MicroStrategy (MSTR) surpassed a $100 billion market cap to become the 93rd largest publicly-traded company in the U.S. At the time of writing, MSTR has done more trading volume than both stock giants Tesla and Nvidia today, and has traditional stock traders like the Wall Street Bets community losing […]

One of Galaxy Digital’s top executives says that the US government may be forced to look at Bitcoin (BTC) as a potential replacement for the US dollar in the future. In a new interview with Bloomberg Television, Galaxy Digital’s head of firmwide research Alex Thorn comments on the potential for the US to launch a […]

A closely followed crypto strategist believes Bitcoin (BTC) may be repeating a historical pattern that could suddenly send it into the six-figure range. Analyst Ali Martinez tells his 84,100 followers on the social media platform X that Bitcoin may be gearing up for a massive breakout based on what happened in the two prior bull […]

While most Defi tokens are finding it difficult to bounce back in the recent upsurge, CRV found a strong footing and showed strength. It is now gaining traction after sparking a 20% gain in the past 72 hours. The past two weeks’ trading has been a bit rough for the CRV bulls as they struggle […]

Webull, a digital investment platform, partnered with Coinbase Derivatives to offer crypto futures to US retail investors. The move aims to offer traders access to Bitcoin and Ethereum futures. Access to Crypto Futures Webull’s collaboration with Coinbase Derivatives aims to bridge the gap in the market for retail investors. Futures contracts for Bitcoin (BTI), nano […]

Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute.

Tallinn, Estonia, November 20th, 2024, Chainwire Following its global unveiling on the main stage of Binance’s Blockchain Week conference in Dubai, AI platform bitGPT is experiencing sizable growth across every vertical of the project, from active partnership conversations to the number of users currently testing its technology. bitGPT’s X and Telegram communities grew in size […]

Donald Trump has nominated Howard Lutnick, CEO and Chairman of financial services firm Cantor Fitzgerald, to serve as his Secretary of Commerce. Lutnick has had a long career on Wall Street, having served as Cantor Fitzgerald CEO since 1991 — he is also knowledgeable about the crypto industry and a supporter of Bitcoin. Lutnick’s firm […]

A grand jury indicted nine for conspiring to launder U.S. currency into cryptocurrency on behalf of drug cartels and for running an unlicensed …

Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the now-bankrupt cryptocurrency exchange, has avoided prison. Crypto Whistleblower or Accomplice? FTX’s Gary Wang Avoids Prison Reuters further reports that U.S. District Judge Lewis Kaplan in Manhattan acknowledged Gary Wang’s […]

Crypto Rover, a prominent crypto analyst, has identified critical indicators in the market dynamics of Bitcoin, such as a decline in exchange reserves and a favorable chart pattern that suggests a price target of $200,000. His analysis is consistent with Bernstein’s long-term projection, which serves to bolster the notion that Bitcoin may experience substantial growth […]

A handful of Democratic US Representatives are grilling Treasury Secretary Janet Yellen on the continued accessibility of Tornado Cash, an Ethereum (ETH)-based coin mixing system that helps users conceal their digital assets. The US sanctioned the controversial project in 2022 for national security purposes, but seven members of the House of Representatives wrote to Yellen last […]

Wrapped Bitcoin’s (wBTC) team has expressed surprise and disappointment at Coinbase’s decision to delist the token. In a statement shared on X, it urged the crypto exchange giant to reconsider this decision and continue supporting the trading of the token. The team said the token has positioned itself as a decentralized and transparent wrapped BTC […]

Shibetoshi Nakamoto has slammed Ethereum for its negative price performance, while Bitcoin and Dogecoin were in green zone

Today’s modern Bitcoin exchanges have drastically improved access to Bitcoin ownership in 2024. Gone are the days of janky peer-to-peer (P2P) trade forums and questionably secure early exchanges like Mt Gox. Instead, a legion of Bitcoin on-ramps focused on superior security and user experience (UX) has made purchasing your first Bitcoin a breeze. Many of […]

Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges.

Gary Wang, the former cryptocurrency executive who created the software that enabled FTX founder Sam Bankman-Fried to misappropriate around $8 billion from customers, was sentenced to no prison time by US District Judge Lewis Kaplan. Meanwhile, the FTX bankruptcy estate is continuing its legal actions against cryptocurrency firms. On November 10, a group of companies […]