The Polygon community has decided against a proposal to deploy $1.3 billion in stablecoins from its Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi platform. The announcement, made on Dec. 17 through Polygon’s official social media account, highlighted concerns raised by users regarding the lack of a consent mechanism and…
Ink, the Optimism-powered L2 blockchain solution from Kraken, went live on mainnet today. This launch took place dramatically ahead of schedule, citing strong support and enthusiasm from the crypto community. Ink and Optimism are anticipating a fruitful collaboration due to this hype wave. Ink and Optimism Team Up According to the announcement today, Kraken expedited…
Blockchain gaming is reaching a new stage of maturity, with increasing numbers of players accessing games more seamlessly, according to an organization focused on advancing the technology in the gaming sector. However, there are changes in the sector that could create dramatic shifts as traditional gaming developers come into play. The changing tides coincide with…
Metaplanet, an investment firm based in Tokyo, is expected to record its first consolidated operating profit in seven years as it continues to improve its financial position. The firm claimed that it has shifted its focus to Bitcoin as the leading cryptocurrency, which has been profitable, especially with the current price increases. *Metaplanet Projects First…
PRESS RELEASE. The second stop of HTX DAO’s “Confidence Journey” in China concluded successfully on December 13, 2024. The event, hosted by HTX DAO and co-organized by the SUNDOG Community, Balance, and HTX, featured prominent figures like Jiang En, founder of the China DOGE Association; Cheng Qian from the DOGE community; and Molly, spokesperson for…
Coinbase is under fire for delisting wBTC, citing risks linked to Justin Sun without providing technical justification. Critics note the irony, as Coinbase itself faces numerous regulatory investigations. On December 17, Coinbase filed a response to a lawsuit from BiT Global, which accused the exchange of harming the wrapped Bitcoin (WBTC) market by delisting the…
– Advertisement – Singapore, Singapore, December 18th, 2024, Chainwire dTRINITY, a next-generation stablecoin liquidity protocol, has announced its mainnet debut on the Fraxtal L2 network. The platform is designed to lower interest expenses and improve yields for stablecoin users, addressing the key challenge of rising credit costs in DeFi. At the core of dTRINITY is…
IntoTheBlock’s data revealed that long-term holders currently held 110M Ethereum as they continued to increase their collective balances. Santiment’s data, on the other hand, showed that 104 whale wallets with >100K ETH jointly held over 57% of the total supply worth $333.1B. ETH holders exhibited increased faith in the altcoin this year as the group’s…
The cryptocurrency landscape is buzzing with new developments and opportunities. A recently launched meme-inspired coin is generating excitement, hinting at the possibility of significant returns reminiscent of past market sensations. This article examines five leading digital currencies that are gaining momentum, spotlighting options that could potentially transform investment portfolios. Catzilla: Unleashing a New Era in…
Deutsche Bank is set to tackle compliance issues linked to public blockchain technology by developing a new Layer 2 protocol. This initiative, named Project Dama 2, aims to harmonize the efficiency associated with blockchain while adhering to regulatory demands, effectively bridging traditional finance with decentralized systems. What Is Project Dama 2 About? The objective of…
December 19, 2024 at 04:15 AM GST updated: December 19, 2024 at 03:46 AM 2 mins read News Theta Network: Revolutionizing video and entertainment with EdgeCloud launch, blockchain, and NFT innovation. Layer 1 potential grows. Render Network: Powering decentralized GPU rendering for creators with scalable, cost-efficient cloud solutions for AI and 3D needs. Bittensor: Unlocking…
Home » Journal » ADADENG: The Moo Deng Inspired Meme Coin On Cardano Raises Over 85,000 $ADA With Just 2 Days Left in the Presale As the clock ticks down on its groundbreaking presale, ADADENG—the Moo Deng-inspired meme coin—is charging ahead, capturing the hearts of the…
Deutsche Bank, based in Germany, plans to develop a Layer 2 protocol to overcome compliance challenges associated with public blockchain technology. Named Project Dama 2, this initiative aims to integrate blockchain efficiency with regulatory requirements, combining traditional financial services with decentralized technology. Announcing Layer 2 SolutionTechnological Features of Project Dama 2 Announcing Layer 2 Solution…
According to breaking news, onchain data reveals that Donald Trump’s cryptocurrency project World Liberty purchased Ethena (ENA) for $250,000. Onchain records showing Trump’s project purchasing $250k worth of ENA. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source link
Meme coins have dominated the cryptocurrency space in 2024, and the momentum doesn’t show signs of slowing down. In fact, with fresh presales, community-driven projects, and new use cases, the meme coin scene is evolving into something much bigger than a passing trend. If you’re looking for the best meme coins to invest in December…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PropiChain looks to outperform the Cardano price action with a predicted 30,000% ROI. The Cardano (ADA) price surged with impressive upward momentum in the recent rally but has slowed over the past two weeks. While…
Musk Loves Bitcoin could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Musk Loves Bitcoin (MUSKBTC), a new Solana memecoin that was launched today, is set to explode over 13,000% in price in the coming days. This is because MUSKBTC is set to soon be listed on numerous crypto exchanges,…
[PRESS RELEASE – SAN FRANCISCO, United States, December 18th, 2024] Pepeto: The God of Frogs with Utility and a Vision Unlike other memecoins’ trading-centric approach, Pepeto offers a comprehensive utility-driven ecosystem. Pepeto, known as the God of Frogs, aims to adopt all future memecoins and elevate the sector through its zero-fee cross-chain exchange and bridge technology. Pepeto’s Ecosystem Highlights: Zero-Fee Exchange: A listing…
Join Our Telegram channel to stay up to date on breaking news coverage The Dogwifhat price plunged over 8% in the last 24 hours to trade at $2.56 as of 7:04 a.m. EST as investors dump their holdings in the meme coin on the market. With the latest drop, the WIF price is now down…
Ethereum bulls failed to sustain above $4000 level for long, leading to a strong pullback amid the Bitcoin price drop under $104,000. Ethereum price has declined 5.75% from its Monday high of $4,109 this week after the altcoin formed a bearish engulfing pattern on the daily chart. The Federal Reserve is scheduled to announce its…