GameStop Token Following Stock’s Footsteps After More than a 3,000% Bull Run in 24 Hours: How Did This Happen?

GameStop is a digital asset that has its stock and crypto variations, and both saw a massive spike after the return of a retail trader. There was a growth of over 3,000 percent for the memecoin equivalent of GameStop. In…

Crackdown on $1.9 Billion Illegal Bank Using USDT in China

In a significant crackdown on illegal financial activities, the police in Southeast China’s Sichuan province have successfully dismantled an underground bank that had been utilizing the USDT stablecoin for foreign currency exchanges. The transactions involved in this illicit operation amounted…

Sei V2 Launch Phases Bring Parallelized EVM to Blockchain

Sei V2 presents an innovative proposal for an additive upgrade to a live blockchain, introducing the world’s first highly performant parallelized EVM (Ethereum Virtual Machine) into production. This notable advancement in blockchain technology necessitates a thorough Governance approval process, as…

Circle Internet Financial Shifts Legal Base from Ireland to US with IPO Plans

Circle Internet Financial, the company behind the world’s second-largest stablecoin, USD Coin (USDC), has recently announced its plans to move its legal base from the Republic of Ireland to the United States. This strategic decision comes in response to the…

Ripple and Peersyst Enhance Blockchain Evolution with XRPL EVM Sidechain and evmOS

Ripple and Peersyst are spearheading the next evolution in blockchain technology by leveraging evmOS to enhance the XRP Ledger (XRPL) EVM sidechain. Currently in Devnet, this project promises to bring unparalleled EVM compatibility and flexibility to the XRPL ecosystem, positioning…

Althea Enhances Telecom and Utilities with New Blockchain Technology

Althea, an innovative company in the telecom and utilities industry, is dedicated to transforming the infrastructure landscape and reshaping the funding, construction, and operation of networks. Through the incorporation of the Interchain Stack and the introduction of the Althea L1…

Sei Blockchain Platform and RPC Nodes The Core to Developing Efficient dApps

Sei is an innovative blockchain platform that seeks to transform the world of decentralized applications (dApps). With its advanced features and a strong emphasis on delivering user-friendly experiences, Sei emerges as a formidable solution for developers and users. In this…

EigenLayer Crypto Project Captures DeFi Market with 14 Billion Dollars in Assets

The EigenLayer crypto project has recently taken the digital asset market by storm, emerging as one of the most anticipated and controversial launches of the year. This decentralized finance (DeFi) protocol has garnered significant attention and amassed a staggering $14…

Sui zkLogin Enhances User Experience with Apple Account Support

Continuing work on zkLogin, Sui’s social login primitive, has resulted in two significant enhancements: the introduction of multi-signature recovery and support for Apple accounts. These updates revolutionize the user experience by offering greater flexibility and a powerful new method to…

KfW Launches First Blockchain Based Digital Bond

Kreditanstalt fuer Wiederaufbau (KfW), the German state-owned development bank, is poised to make a significant leap forward in the world of finance with the issuance of its first-ever blockchain-based digital bond. This move follows KfW’s successful venture into digital bonds…