Polygon Unveils Ambitious Proposal to Unlock $1.3B in Stablecoin Reserves for DeFi Yield Program
A new proposal for the Polygon PoS Bridge seeks to activate $1.3 billion in idle stablecoins, generating $91 million in annual yield.
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Breaking: Texas House Introduces Bill to Establish Strategic Bitcoin Reserve
“A strategic bitcoin reserve, investing in bitcoin, would be a win-win for the state,” said Republican State Representative Giovanni Capriglione.
Grayscale Unveils Investment Trusts for Optimism, Lido DAO
The new trusts provide exposure to the governance tokens of Lido DAO (LDO) and Optimism (OP), targeting accredited investors seeking indirect participation in Ethereum’s ecosystem.
Ethereum Expected to Hit $5,000 Amid Rising Demand: CryptoQuant
By
Mayowa Adebajo
• 3 mins read
While on-chain metrics already give enough optimism for a potential ETH price surge, institutional interest in Ethereum is also stronger than ever.
Avalanche Secures $250M in Private Token Sale Ahead of Major Upgrade
By
Anisha Pandey
• 3 mins read
The Avalanche Foundation raised $250 million fundraising, with funds aimed at enhancing its platform’s scalability and efficiency.
Push Protocol Expands Beyond Notifications With New L1 Chain
By
Godfrey Benjamin
• 3 mins read
Push Protocol is expanding beyond communications as it is evolving to become a full-fledged L1 chain.
Binance Records $2.6B in User Deposits in 2024
By
Chimamanda U. Martha
• 3 mins read
Despite legal hurdles, Binance has outperformed its competitors, seeing a 36% higher deposit volume than ten major exchanges combined.
Australian Retirement Fund AMP Seeks Bitcoin Exposure with $27 Million Investment
By
Bhushan Akolkar
• 3 mins read
AMP, Australia’s major retirement fund, has made a pioneering move by investing $27 million in Bitcoin, becoming the first significant superannuation fund to do so.
Peanut the Squirrel (PNUT) Surges 20% as Coinbase Reveals Plans to List It
By
Bena Ilyas
• 3 mins read
Coinbase’s December 11, 2024 announcement adding PNUT to its roadmap for potential listing has sparked renewed investor enthusiasm.
Bitcoin ETF Ads Attract Chinese Investors on Alipay Platform
By
Bhushan Akolkar
• 3 mins read
Alipay, China’s largest payment platform, displayed new advertisements promoting spot Bitcoin ETFs with a minimum investment of 10 yuan ($1.40).
Bitcoin ATM Operator Byte Federal Says 58K Users Were Affected by Massive Data Breach
By
Steve Muchoki
• 3 mins read
Byte Federal noted that the hackers accessed personal information including name, address, phone number, email, government-issued ID, social security number, transaction activity, and photographs of users.
Aerodrome Finance (AERO) Price Rally Targets $3 as TVL Hits $1.6B
By
Vishal Dixit
• 3 mins read
Amid the rising TVL, trading volumes, and other network metrics, the Aerodrome Finance market value is preparing for an all-time high. Will the underlying demand zone sustain market fluctuations for an extended run in AERO prices?
Pudgy Penguins NFTs Hit New ATH amid Decline of Rival Collections
By
Godfrey Benjamin
• 3 mins read
Pudgy Penguins NFT floor price jumps above the $100,000 price mark amid growing popularity.
Fireblocks Expands Global Footprint with New Office in Japan
By
Chimamanda U. Martha
• 3 mins read
Japan’s legacy of innovation and Web3 leadership makes it a natural choice for Fireblocks’ expansion.
Australia Tightens Crypto Rules to Combat Financial Crime
By
Mayowa Adebajo
• 3 mins read
Australia has identified an urgent need to address the misuse of cryptocurrency within its borders.
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