According to CryptoQuant’s latest data, Binance has reached a new milestone in its stablecoin reserves as it hit an all-time high of $31 billion recently. This marks a significant recovery and growth, as the reserves stood at just $7 billion in June 2023. Therefore, the latest figure reflects a nearly fivefold increase over six months. […]
After a brief hiatus, the notorious “Blockchain Bandit” has re-emerged as the year ends, consolidating a staggering 51,000 ETH, valued at approximately $172 million, into a single multisig wallet. This transfer was made on December 30. “Blockchain Bandit” Returns In the latest update, prominent blockchain investigator ZachXBT revealed that the consolidation originated from 10 wallets, which […]
Artificial intelligence platform ai16z is contemplating launching a layer-1 (L1) blockchain network as part of a strategic overhaul of its tokenomics model. The proposed blockchain would position its native AI16Z token as the base currency for an interconnected ecosystem centered on artificial intelligence. The Proposal A governance forum post shows that the AI platform is […]
[PRESS RELEASE – Miami, Florida, December 31st, 2024] Floki has partnered with the Kings World Cup Nations, a football tournament set to merge traditional football with Esports. This collaboration expands Floki’s presence on the global stage, following its success with Kings League Infojobs in Spain last year. The Kings World Cup Nations, created by Gerard […]
December has been a breakthrough month for MakerDAO, with data from the decentralized finance (DeFi) analytics platform DeFiLlama showing it set new records in fees and revenues. According to the data, MakerDAO reached a peak of $40.86 million in fees, a key metric of user activity, and $26.77 million in revenue, reflecting retained earnings, between […]
Hong Kong may soon join the list of countries leveraging bitcoin (BTC) as a store of value and a hedge against inflation by establishing the cryptocurrency as a fiscal reserve asset. According to a report from local media, Wen Wei Po, Wu Jiexhuang, a member of the Hong Kong legislative council, has proposed incorporating BTC […]
A couple of hourly red candles emerged in the middle of the trading day Monday, and they began to pull Ethereum, Dogecoin, and Avalanche into the red for the weekly period ending Monday. But no top ten losses were as steep as those for XRP as afternoon turned to evening on the US East Coast […]
The crypto market has shown dramatic shifts in narrative performance, with AI-driven technologies emerging as clear winners in the final month of 2024. In contrast, meme coins and modularity projects have experienced significant declines in the last 30 days. Winners and Losers The latest data from Web3 analytics platform Dexu AI shows that AI agents […]
[PRESS RELEASE – Tokyo, Japan, December 30th, 2024] The blockchain gaming landscape is evolving with the debut of The Rise of Memes ($RISE), a play-to-earn (P2E) real-time strategy mobile game that integrates meme culture with strategic gameplay. Positioned as a novel entry into the gaming ecosystem, the project introduces players to a unique world of […]
The real-world asset (RWA) sector has experienced meteoric growth over the past three years, soaring 58 times its previous valuation. Recent data from DeFiLlama revealed that its total value locked (TVL) now stands at an all-time high of $8.217 billion, with a $1 billion spike coming within the last seven days alone. Major Players Fueling […]