Category: News

The fan token market has reached a new milestone, with trading volume surpassing $1 billion in a single day. This surge highlights the growing popularity and acceptance of fan tokens as a new asset class. Fan tokens, which are digital assets tied to specific sports teams or celebrities, have gained significant traction in recent years.… Continue reading Fan Tokens Break New Ground: Trading Volume Surpasses $1 Billion in 24 Hours

Cardi B’s entry into the cryptocurrency world with her $WAP token has sparked significant interest and debate. While the token’s launch initially generated excitement, recent concerns about potential hacks have raised questions about its security and viability. Read More: 5 Celebrities Who Invested In Crypto And NFT The $WAP Token Launched in partnership with a… Continue reading Cardi B $WAP Token: A Closer Look Amidst Hack Concerns

Metaplanet, a prominent Japanese blockchain company, has further solidified its commitment to Bitcoin by acquiring an additional $6.7 million worth of BTC. This latest purchase brings Metaplanet’s total Bitcoin holdings to over $40 million. A Strategic Move Metaplanet’s decision to increase its Bitcoin holdings aligns with its broader strategy of investing in digital assets with… Continue reading Japan’s Metaplanet acquires an additional $6.7 million in Bitcoin

CryptoQuant, a leading blockchain analytics firm, has identified a strong correlation between the growth of stablecoin market capitalization and an increase in Bitcoin’s price. According to the firm’s analysis, the recent surge in stablecoin adoption is providing the necessary liquidity to fuel a potential Bitcoin price rally. Stablecoins as a Motivation for Bitcoin Growth Stablecoins,… Continue reading Stablecoin Surge Boosts Bitcoin Price Rally

Australian bank ANZ has announced its participation in Project Guardian, a collaborative initiative led by the Monetary Authority of Singapore (MAS) to explore the potential of digital currencies. This move marks a significant step forward for ANZ as it expands its involvement in the digital asset space. ANZ will partner with Chainlink Labs and ADDX… Continue reading Australia bank ANZ Joins MAS-Led Project Guardian

Core Blockchain, a prominent layer-2 scaling solution for Bitcoin, has achieved a significant milestone by surpassing a total value locked (TVL) of $400 million. This achievement solidifies Core’s position as a leading player in the Bitcoin scaling landscape. A Testament to Innovation Core’s success can be attributed to its innovative approach to scaling Bitcoin. By… Continue reading Core Blockchain Surges Past $400 Million TVL

South Korea’s Personal Information Protection Commission (PIPC) has substantially punished Worldcoin and its parent company, Tools For Humanity, for violating the country’s data privacy laws. The fines, totaling 1.4 billion won (approximately $1.07 million), arise from concerns over collecting and handling personal information during Worldcoin’s iris scanning process. Worldcoin, a cryptocurrency project backed by Sam… Continue reading Worldcoin and Tools For Humanity have been fined for data privacy violations

The Hong Kong Monetary Authority (HKMA) has launched the second phase of its e-HKD pilot program, a groundbreaking initiative to explore the potential of a digital Hong Kong dollar. This phase will delve deeper into tokenization and offline payments, paving the way for a more inclusive and efficient digital financial system. Key Objectives of the… Continue reading Hong Kong Launches Second Phase of e-HKD Pilot

Celestia, a modular blockchain network focused on data availability, has successfully raised $100 million in a seed funding round led by Bain Capital Crypto. The investment will be used to further develop Celestia’s infrastructure and expand its ecosystem. Celestia: A Modular Approach to Blockchain Scaling Celestia is a unique blockchain that separates consensus from execution.… Continue reading Celestia Foundation Secures $100 Million in Funding Round

Circle, the issuer of the USDC stablecoin, has announced the integration of USDC on the Sui blockchain. This marks the 15th network integration for USDC, solidifying its position as one of the most widely adopted stablecoins in the cryptocurrency ecosystem. The native token of the Sui network, SUI, has soared by over 14.77% following the… Continue reading Circle Expands USDC Reach: Launches on Sui