In our world today, blockchain technology is at the forefront of almost every innovation. A groundbreaking innovation itself, the blockchain was initially associated with cryptocurrencies but is rapidly disrupting other industries. From Finance and healthcare to supply chain management and even voting systems, we are experiencing the impact of blockchain technology at a seismic level….
The Chinese police forces have burst a large underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). According to a report from local media house Weixin, the Public Security Bureau of Chengdu Municipal arrested 193 suspects linked to the case and froze 149 million…
Smart contract platform Solana (SOL) is moving to the top of CoinGecko’s list of fastest blockchains. In a new publication, CoinGecko says Solana is a staggering 46 times faster than its rival Ethereum (ETH), the second-largest digital asset by market cap, making it the fastest large blockchain on the market. However, CoinGecko says that Solana…
Cryptocurrency payment company Ripple has released XRP’s market report for the first quarter of 2024. The report sheds light on XRP’s soaring trading volume. It also highlights updates on the on-chain performance and recent technical developments of the XRPL ecosystem. XRP Spot Volume Surges According to the Q1 2024 XRP market report published officially on…
Canadian Dollar taking a breather amidst easy Friday markets. Canada is set for a long weekend and will return on Tuesday with CPI inflation. Fedspeak to dominate as investors await signs of Fed rate cuts. The Canadian Dollar (CAD) traded softly on a low-volatility Friday, sticking close to the midrange. CAD traders are geared up…
Discovering new cryptocurrencies with potential can be exciting. As the market surges in 2024, identifying promising options for early investment becomes crucial. This guide highlights the top choices poised for growth, giving readers the insight needed to make informed investment decisions. With a focus on up-and-coming tokens that might lead the charge, investors are equipped…
A new crypto-related lawsuit has landed in the Southern District of New York courthouse. A California resident named Luke Brown is leading a class action lawsuit against luxury fashion house Dolce & Gabbana over NFTs the company released in 2022. Brown’s suit alleges Dolce & Gabbana failed to deliver on benefits it promised for NFT…
Smart contract platform Solana (SOL) is moving to the top of CoinGecko’s list of fastest blockchains. In a new publication, CoinGecko says Solana is a staggering 46 times faster than its rival Ethereum (ETH), the second-largest digital asset by market cap, making it the fastest large blockchain on the market. However, CoinGecko says that Solana…
Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value locked in defi is approaching that milestone after hovering just below it….
Chainlink price soared to a 40-day peak of $16.7 on May 18, bringing its monthly gains to 34.7%, with on-chain data suggesting increased whale activity amid recent positive US macro indices. Chainlink Price Surges as Large Investors Move to Front-run Imminent Rate Cuts Chainlink is a world-leading blockchain oracle platform that integrates real-time price feeds…