news-30112024-000449

Impact of Pump Fun’s Livestreaming Pause on Revenue: A 33% Decline

Pump Fun, a Solana-based memecoin launchpad, recently experienced a significant 33% decline in revenue after deciding to disable its live-streaming feature. This decision came after a series of controversial incidents that garnered widespread criticism.The...
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Justin Sun Eats $6.2 Million Banana Duct-Taped to Wall

Justin Sun, the founder of Tron, made headlines when he decided to eat the $6.2 million banana duct-taped to a wall, which he purchased at Sotheby’s. The unique event took place at the Peninsula...
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North Korean Hackers Pose as Tech Experts in Crypto Theft Scheme

North Korean hackers have been using clever tactics to steal billions in cryptocurrency and sensitive corporate data. They have been impersonating venture capitalists, recruiters, and remote IT workers to infiltrate global organizations and fund...
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Changelly’s Crypto Black Friday Deals: Embracing Web3 for Holiday Shopping

As the holiday shopping season begins, the world of Web3 is getting into the Black Friday spirit in its own unique way. While traditional retailers gear up for big sales and online deals, Web3...
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Decline in Traditional Foreign Exchange Trading as Stablecoin Usage Surges

Traditional foreign exchange trading is seeing a decline in revenue for global banks, while stablecoins are becoming increasingly popular for cross-border transactions. According to Matthew Sigel, Head of Digital Assets Research at VanEck, FX...
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Coinbase Addresses Solana Transaction Delays & Internal Missteps – A Closer Look

Coinbase has recently faced criticism from the Solana community due to transaction delays on the Solana network. Users reported that transactions were taking up to 45 minutes to process, much longer than other networks...
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Ethereum DeFi Total Value Locked Surges to 2-Year High with Uniswap and Aave Activity

Ethereum's decentralized finance (DeFi) sector is currently experiencing a surge in activity, with the total value locked (TVL) in the ecosystem reaching over $80 billion, the highest level seen in over two years. This...
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Exploring Bitcoin Mining in Swiss Canton with Surplus Energy

The Swiss canton of Bern recently passed legislation to explore Bitcoin mining as a potential solution to address surplus electricity production in the region. Samuel Kullmann, a member of the canton's parliament, led the...
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Coinbase to End USDC Earn Program in MiCA Compliant Regions

Coinbase, a popular cryptocurrency exchange, will be ending its USDC Earn program for users located in MiCA compliant regions. The decision comes as a response to the new regulations surrounding e-money tokens, specifically affecting...
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Hong Kong Proposes Crypto Tax Exemptions to Compete with Singapore as Financial Hub

Hong Kong is looking to become a major financial and crypto hub by proposing tax exemptions for hedge funds, private equity funds, and high-net-worth family offices. This move is aimed at attracting global asset...
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Embracing AI-Centric Future: Importance of Blockchain Integration

Revolutionizing the Future: AI and Blockchain IntegrationIn a world where technology is constantly evolving, the intersection of artificial intelligence (AI) and blockchain technology has...