Tag: Cryptocurrency
Magic Labs Unveils Chain Unification Network ‘Newton’ for Polygon’s AggLayer
Magic Labs recently announced the unveiling of Newton, a chain unification network designed specifically for Polygon's AggLayer. This network will allow wallet solutions to seamlessly integrate with the AggLayer, which serves as a platform...
Winning Election Support from Pro-Crypto PACs: Key to Success
Pro-crypto political action committees (PACs) have celebrated a significant victory in the recent U.S. elections, with 48 of their supported candidates emerging victorious. This success, fueled by a record-breaking $135 million in PAC investments,...
Tether Enters Oil Trade with $45M Middle Eastern Crude Deal.
Tether, the issuer of the USDT stablecoin, has made a significant move into the oil trade industry by financing a $45 million deal for 670,000 barrels of Middle East crude oil. This marks Tether's...
MakerDAO Community Votes to Proceed with Sky Rebrand Despite Centralization Concerns
The MakerDAO community has made a decision to move forward with the Sky rebrand despite concerns about centralization. In a recent vote, it was revealed that 79.3% of participants supported keeping the Sky brand...
Bitcoin Price Surge: Cardano Up 16%, Bitcoin to Hit $100K Post Fed Rate Cut
Cardano's ADA has seen a significant 16% surge in the past 24 hours, driven by overall market increases, renewed interest in decentralized finance, and a growing appeal to retail investors. This surge comes as...
Bitcoin Hits Record High Post-Election: Ether and Solana Surge Before FOMC
Bitcoin has reached a new all-time high, showing strong performance after Donald Trump's victory in the U.S. presidential election. The cryptocurrency is currently up 2.3% in the last 24 hours, trading at $76,600, driven...
October Dapps Revenue Surges to $164M: Adoption Growth Analysis
Decentralized applications (dApps) have seen a significant increase in revenue, reaching $164 million in October according to a report by Binance Research. This surge in revenue is a clear indicator of the growing adoption...
Bitcoin Developers Collaborate with StarkWare and Blockstream for Breakthrough Features in New Update
A group of Bitcoin developers from different teams have come together to make a significant breakthrough on the Bitcoin blockchain. They have found a way to add a type of programming called "covenants" that...
Exploring AI’s Potential in Response to Bitcoin Mining Slowdown
Galaxy Digital, a prominent Bitcoin mining firm, is exploring the potential of artificial intelligence (AI) to counteract losses in mining revenue and maximize future opportunities. The company recently announced a preliminary agreement with a...
Benefits of Staking for Ethereum ETFs: Lower Fees and Increased Interest
Staking has been identified as a game-changer that could potentially lower fees and increase interest in Ethereum ETFs, according to crypto analyst Tom Wan. By allowing Ether ETFs to offer near-zero management fees, staking...
