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Polymarket Rebounds on Polygon: Sports Betting Drives $543M Surge After Election Slump
Polymarket’s Comeback: Sports Betting Fuels Growth in Decentralized Prediction Markets on Polygon Polymarket has made a significant recovery after a post-U.S. election slump, driven primarily by a surge in sports betting. This resurgence has not only revitalized the platform but also significantly impacted the Polygon network. Polymarket rebounds with a focus on sports betting. Platform […]
Read MoreTop 5 Blockchain Analytics Trends for 2025: DeFi Compliance, AI, and Privacy
Top Five Blockchain Analytics Trends for 2025: Navigating the Future of Crypto Compliance Blockchain analytics is on the cusp of significant changes as we approach 2025, with key trends set to revolutionize compliance in the cryptocurrency sector. Lex Fisun, CEO of Global Ledger, offers a comprehensive forecast of the developments that will shape the future […]
Read MoreRussia Embraces Bitcoin for Trade Amid Sanctions: A Strategic Crypto Thaw
Russia’s Crypto Thaw: Embracing Bitcoin for International Trade Amid Sanctions Russia’s relationship with cryptocurrencies is undergoing a significant shift, moving from stringent regulations to a more permissive stance. This “Crypto Thaw” is driven by Western sanctions and a strategic push for de-dollarization (reducing reliance on the U.S. dollar in international transactions), with President Putin legalizing […]
Read MoreStripes Acquires Bridge for $1.1B, Signals 2025 Stablecoin M&A Trend
Stripes’ $1.1 Billion Acquisition of Bridge Signals Unique Trends in Stablecoin M&A for 2025 Stripes, a prominent fintech company, has made a significant move by acquiring Bridge, a leading stablecoin platform, for $1.1 billion. This acquisition highlights Stripes’ ambition to enhance its position in the growing stablecoin market and signals a notable trend in the […]
Read MoreTop Altcoins for 2025: Qubetics, Hedera, and Bitcoin Cash Analyzed
Unveiling the Top Altcoin Picks of 2025: Qubetics, Hedera, and Bitcoin Cash – Qubetics: Interoperability and High ROI Potential – Hedera: Sustainability and Efficiency in Blockchain – Bitcoin Cash: Speed and Affordability for Transactions Qubetics ($TICS) is shaking up the crypto scene with its presale performance, raising $8.3 million in its 15th stage. With over […]
Read More5 Crypto Attacks of 2024 Expose Security Flaws: FTX Fraud, Ransomware, and More
The Five Crypto Attacks That Highlighted Security Gaps in 2024 In 2024, the cryptocurrency industry was rocked by a series of devastating attacks that exposed critical security vulnerabilities. From the monumental FTX fraud to rampant ransomware payments, these incidents have underscored the urgent need for robust security measures and regulatory oversight in the crypto space. […]
Read MoreRichTech’s $6.3M Bitcoin Buy: Institutional Confidence or Speculative Move?
RichTech’s $6.3 Million Bitcoin Play: A Bold Move in the Crypto Market RichTech, a major player in cryptocurrency investment, has made a significant acquisition of 78.2 bitcoins for $6.3 million, signaling a strong belief in bitcoin’s future. This strategic move reflects the growing trend of institutional investors diving into the crypto market, yet it also […]
Read MoreIRS Grants Bitcoin Holders on CeFi Platforms Tax Relief Until 2025
IRS Grants Temporary Relief to Bitcoin Holders on CeFi Platforms Until 2025 The IRS has announced a temporary reprieve for Bitcoin and crypto holders on centralized finance (CeFi) platforms, providing relief from specific tax reporting rules until the end of 2025. This decision aims to ease the complexities of tax reporting challenges for cryptocurrencies on […]
Read MoreCircle Mints $274M USDC on Ethereum: Boosts Liquidity, Raises Risks
Circle’s USDC Mints Over $274 Million on Ethereum: Impacts on Market Stability and Liquidity Circle’s USDC treasury recently unleashed over $274 million onto the Ethereum blockchain, a bold move signaling a robust demand for this stablecoin amidst a sea of regulatory hurdles and economic uncertainties. This surge in USDC supply could be the beacon of […]
Read MoreDongdaemun Market Vendors Deny USDT Adoption, Stick to Cash
South Korea’s Dongdaemun Market Vendors Reject USDT Payment Adoption Claims At Seoul’s bustling Dongdaemun Market, cash is still the king of transactions. Vendors have firmly denied recent reports suggesting widespread adoption of the stablecoin USDT (a type of cryptocurrency known as a stablecoin, which is pegged to the US dollar) for payments, particularly with Chinese […]
Read MoreVitalik Buterin Donates $170K to Support Tornado Cash Legal Defense
Vitalik Buterin’s $170K Donation Boosts Tornado Cash Legal Defense In a bold move underscoring the crypto community’s stance on privacy, Ethereum co-founder Vitalik Buterin has donated 50 ETH, valued at around $170,000, to support the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. This financial lifeline not only aids their fight against […]
Read MoreSyria Proposes Bitcoin Legalization to Revive Economy Amidst Challenges
Syria’s High-Stakes Gamble: Proposing Bitcoin Legalization for Economic Revival Syria is contemplating a groundbreaking financial overhaul with a proposal to legalize Bitcoin, aiming to resurrect its economy from the ashes of war. The Syrian Center for Economic Research’s plan involves using Bitcoin to combat inflation, stabilize the economy, and draw in global investments. Central to […]
Read MoreCharles Hoskinson’s Final Push: Cardano Aims for Decentralized Governance by 2025
I Won’t Be Derailed: Charles Hoskinson Lays Out Final Mission for Cardano Charles Hoskinson, the visionary behind Cardano, is committed to guiding the blockchain platform towards a fully decentralized governance model by 2025. Despite facing criticism and market volatility, Hoskinson’s resolve remains unshaken as Cardano enters the “Age of Voltaire,” a phase focused on empowering […]
Read MoreRyan Selkis Sparks Crypto Feud by Labeling XRP and Cardano Communities as “Bot Groups
Ryan Selkis vs. XRP and Cardano: A Heated Crypto Feud Rages On Ryan Selkis, co-founder of Messari, has reignited a war of words with the XRP and Cardano communities, labeling them as “the loudest and least valuable bot groups” on X, sparking fierce rebuttals from both sides. Selkis criticizes XRP and Cardano on X. Cardano’s […]
Read MoreEthiopia’s $1B Bitcoin Mining Boom: Leading Africa’s Crypto Revolution with Renewable Energy
Ethiopia’s Bitcoin Mining Surge: A Beacon of African Innovation and Economic Growth In 2024, Ethiopia has emerged as a global leader in Bitcoin mining, leveraging the Grand Ethiopian Renaissance Dam (GERD) to generate around $1 billion in profits. This development not only highlights Africa’s growing fintech sector but also presents a sustainable model for cryptocurrency […]
Read MoreLiberland’s Blockchain Elections on Jan 4, 2025: A Libertarian Leap with Justin Sun and Evan Luthra
Liberland’s Blockchain-Powered Congressional Elections: A Leap Forward for Libertarian Governance Can a micronation nestled between Croatia and Serbia redefine democracy with blockchain technology? Liberland, the self-proclaimed libertarian micronation, is set to hold its congressional elections on January 4, 2025, using blockchain to ensure a decentralized and tamper-proof voting process. This bold move aims to set […]
Read MoreAI16Z Hits $2B Market Cap: First AI Token on Solana Surges 3x in 10 Days
AI16Z Soars to $2B Market Cap: The First AI Token on Solana Hits New Heights Can an AI token on Solana really reach a $2 billion market cap in just ten days? AI16Z has done just that, marking a significant milestone in the world of crypto. As enthusiasts and investors, it’s thrilling to witness such […]
Read MoreFloki Partners with Kings World Cup Nations for Massive 600M View Exposure
Floki Scores Big with Kings World Cup Nations Partnership Floki, the cryptocurrency with a community-first focus, is diving into the world of sports and Esports with its new partnership with the Kings World Cup Nations. This tournament, blending traditional football with competitive video gaming, is set to kick off from January 1 to 12, 2025, […]
Read MoreSwitzerland Proposes Bitcoin in Constitution: Aims for 100K Signatures
Switzerland Moves to Make Bitcoin a Constitutional Right Could Switzerland be the first country to enshrine Bitcoin as a constitutional right? The nation, known as Europe’s “crypto valley,” has taken a bold step towards recognizing the cryptocurrency’s potential by publishing a proposal in the Feuille fédérale on December 31. This initiative, titled “For a Financially […]
Read MoreSolaxy Raises $8M in Presale to Tackle Solana’s 42% Transaction Failures
Solaxy’s $8M Presale Surge: A Beacon of Hope for Solana’s Scaling Challenges Solaxy (SOLX), a newcomer in the Layer-2 solutions space, has raised nearly $8 million in its presale, signaling strong investor confidence in its potential to address Solana’s scaling issues. As Solana grapples with network congestion, Solaxy’s innovative approach promises to enhance performance and […]
Read MoreBitcoin Mining Profitability Squeezed by Rising Costs and Competition
Bitcoin Mining Faces Rising Costs as Hashprice Boosts Provide Only Temporary Relief Bitcoin mining is grappling with increased operational costs and challenges, despite a robust network performance indicated by rising difficulty and hash rate. The recent surge in hashprice has offered temporary relief, but miners are facing long-term pressures from rising costs and competition for […]
Read MoreMontenegro Extradites Do Kwon to US Over $40B TerraUSD/Luna Collapse
Montenegro Completes Do Kwon’s Extradition to the US Amid TerraUSD and Luna Collapse Fallout Montenegro has extradited Do Kwon, the founder of Terraform Labs, to the United States, where he faces charges related to the collapse of TerraUSD and Luna, which led to a staggering $40 billion loss in the crypto market. Montenegro extradites Do […]
Read MoreOKX Proof of Reserves Reveals 8,992 BTC Drop, Surge in ETH and USDT
OKX’s Latest Proof of Reserves: A Closer Look at Shifts in User Assets OKX, a prominent cryptocurrency exchange, recently unveiled its 26th proof of reserves report on December 13, 2024, showing a notable 8,992 BTC reduction in user assets. Despite this drop, the exchange reported growth in other assets, including a significant increase in Ethereum […]
Read MoreTangem Wallet Fixes Critical Flaw: User Seed Phrases Exposed – What You Need to Know
Tangem Wallet Swiftly Resolves Security Flaw Exposing User Seed Phrases Tangem, a prominent cryptocurrency wallet provider, took quick action to patch a critical security vulnerability that exposed private keys via email for a small subset of its users, following a Reddit user’s discovery. Reddit user uncovers flaw on Dec. 29, 2024 Less than 0.1% of […]
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