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Solana NFTs recorded their second-highest monthly sales volume in December 2023, recording $365 million in sales volume for the month.

Solana NFTs hit $5B in all-time sales volume

Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last four months. On ...

6 months ago

Fraudsters hacked the Blueberry DeFi protocol and advised users to withdraw money.

Blueberry protocol pauses lending amid $1.35m drain

The Blueberry project team shared in their post X on Feb. 23 that they had to stop work due to the exploit. Details of the exploit are being determined. The developers a...

6 months ago

Crypto exchange Kraken has filed a motion to dismiss the SEC’s lawsuit alleging an unregistered exchange operation and mishandling of customer assets.

Kraken joins crypto exchanges battling SEC lawsuit, denies wrongdoing

In a blog post on Feb. 22, crypto exchange Kraken said it had filed a motion to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit against it in a U.S....

6 months ago

The digital-assets prime brokerage said it plans to offer over-the-counter brokerage and crypto derivatives services to professional investors in Hong Kong.

FalconX expands into Hong Kong as institutional demand rises

FalconX, a digital-assets prime brokerage, is expanding into Hong Kong as the region’s institutional demand for crypto assets rises, the company said. In a Thursday statement, th...

6 months ago

South Africa’s 2024 budget review highlighted the need for structural reforms and a focus on improving public financial management.

South Africa eyes stablecoins and blockchain for digital payments

The annual budget of South Africa revealed its treasury’s plan to promote the adoption of digital payments, which includes analyzing stablecoins and blockchain to “improve the lives ...

6 months ago

Vitalik Buterin Notes Consequences of Bugs in L2

Vitalik Buterin Voices Concern About Complex Layer 2 Solutions

Ethereum (ETH) co-founder Vitalik Buterin has once again voiced his concerns regarding overly complicated Layer 2 scaling solutions. Taking to social media on Wednesday...

6 months ago

The U.S.-based stablecoin issuer said it would discontinue minting USDC on the Tron network “to ensure that USDC remains trusted.”

Circle to cease minting USDC on Tron network effective immediately

Circle, the issuer of the United States dollar-pegged stablecoin USD Coin, says it will discontinue support for the token on the Tron blockchain, saying the decision aligns with “efforts t...

6 months ago

The price of ether briefly reached $3,000 earlier on Tuesday for the first time since April 2022.

Ether hits $3,000 for the first time since 2022 amid spot ETF speculation

Following the recent spot bitcoin ETFs launch, attention is turning toward the prospect of a spot ether ETF in the U.S. Ether's price reached $3,000 earlier on Tuesday for the firs...

6 months ago

Franklin Templeton, a leading global asset management firm, has spearheaded an undisclosed investment round for Blockhead, a blockchain-focused media publication based in Singapore.

Franklin Templeton leads investment in Blockchain media firm Blockhead

Franklin Templeton, a leading global asset management firm, has spearheaded an undisclosed investment round for Blockhead, a blockchain-focused media publication based in Singapore. Wi...

6 months ago

Crypto exchange Backpack established by ex-FTX, Alameda Research executives is now offering services to customers in several U.S. states.

New crypto exchange Backpack started by former FTX and Alameda execs

In an X thread on Feb. 21, crypto exchange Backpack announced it has started offering services to users from 11 U.S. states as the exchange deepens its presence on the American market....

6 months ago