Blockchain infrastructure has become a critical foundation for the rapidly evolving world of cryptocurrency and decentralized finance. Among the companies leading the charge in providing blockchain infrastructure is Blockdaemon, a US-based firm that has quickly garnered attention for its extensive…
TrueX launched by Coinbase alum as a stablecoin crypto exchange
The cryptocurrency market has experienced immense changes since the collapse of FTX in late 2022, and with the rise of decentralized applications and public exchanges, new players are continuously emerging. One such platform is TrueX, a digital asset exchange that…
Dragonfly Capital Aims to Raise $500M in Crypto VC Funding
Dragonfly Capital, has once again captured attention as it embarks on its fourth fund. The venture firm, based in San Francisco, is looking to raise a staggering $500 million, earmarked for early-stage projects within the crypto ecosystem. The pursuit of…
BIS Teams with JPMorgan UBS to Transform Cross-Border Payments
The Bank for International Settlements (BIS) is positioning itself at the forefront of financial innovation, aiming to revolutionize cross-border payments. With major global financial institutions and credit card companies signing on to its blockchain-based project, BIS is working to build…
Scaramucci expects Bitcoin rise with US rules and Fed cuts
Bitcoin’s future holds great potential as industry experts predict significant shifts in its valuation. Anthony Scaramucci, an experienced hedge fund manager, is at the forefront of these projections. He envisions Bitcoin’s resurgence through regulatory clarity in the United States combined…
SEC Settlement Limits eToro’s Crypto Trading for U.S. Users
eToro , a popular social trading and investment platform, reached a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement outlines specific restrictions that the platform must now follow for its U.S. users. These changes come amidst growing…
Bitcoin Rises Following First Fed Rate Cut in Four Years
Bitcoin has long been at the forefront of the cryptocurrency world, consistently drawing attention from investors, institutions, and regulators alike. With significant movements in the global economy, including shifts in interest rates and regulatory clarity, Bitcoin’s role as both a…
Solana Energy Consumption and Carbon Footprint Update September 2024
Solana has quickly emerged as one of the most energy-efficient blockchain platforms in the cryptocurrency space, thanks to its innovative design and commitment to sustainability. With its proof-of-stake consensus model, combined with pioneering mechanisms like proof-of-history, Solana is able to…
XRP Surges with Grayscale Launching 7th Largest Trust
Grayscale Investments, has recently unveiled its Grayscale XRP Trust, a development that has significantly impacted the cryptocurrency market. This new trust is designed to provide investors with direct exposure to XRP, the token underpinning the XRP Ledger. The XRP Ledger…
USDC Expands Sui Network Utility with $650M DeFi Growth
The Sui Network continues to build momentum as a major player in the decentralized finance (DeFi) space. With the upcoming integration of USDC, the network’s utility and interoperability will significantly expand. This milestone adds new potential for both developers and…