Vaibhavv Ali
Peanut the Squirrel (PNUT), the memecoin on the Solana blockchain, has seen a meteoric rise in recent days, surging almost 200% in just 24 hours. On November 14, PNUT reached an all-time high of $2.4, before stabilizing at approximately $2.23. This dramatic increase has propelled the token to a market capitalization of around $1.8 billion, … Read more
ConsenSys’s Infura, a leading Ethereum validator node provider, has announced a major step forward in its efforts to decentralize Web3 infrastructure. At Devcon 2024, Infura revealed plans to launch its Decentralized Infrastructure Network (DIN) as an Actively Validated Service (AVS) on the Ethereum restaking platform, EigenLayer. The move marks a significant milestone for Infura’s DIN, … Read more
As of November 14, U.S.-traded spot Bitcoin (BTC) exchange-traded funds (ETFs) collectively hold approximately 1.07 million BTC, a value nearing $96 billion at current market prices. This surge in assets comes amid growing institutional interest and significant capital inflows, leading some analysts to predict that these ETFs could soon surpass the Bitcoin stash held by … Read more
In a bold move that could have far-reaching implications for the future of cryptocurrency regulation, 18 Republican Attorneys General have filed a lawsuit accusing the U.S. Securities and Exchange Commission (SEC) of overreach in its enforcement actions against the crypto industry. The lawsuit, filed in the Eastern District of Kentucky, targets not only the SEC … Read more
As the U.S. positions itself to become a global crypto hub, China may face increasing pressure to rethink its stance on digital assets. While China has long maintained a strict ban on cryptocurrency trading and mining, market experts, including Xiao Feng, CEO and Chairman of Hong Kong-based HashKey crypto exchange, believe that the country may … Read more
In a strategic move to make digital investing more accessible, BlackRock has partnered with Securitize, a leading digital asset and tokenization firm, to launch their tokenized treasury fund, BUIDL, across five prominent blockchains. This expansion gives investors a broader range of options for participating in one of the most innovative digital funds available today. What … Read more
MoonPay, a leading crypto payment gateway, is making strides in advancing user autonomy in the crypto space by expanding its services to integrate with non-custodial wallets. Initially launched in the UK and 27 other European countries (excluding Germany), MoonPay’s latest offering emphasizes the growing trend of self-custody in cryptocurrency, allowing users to maintain full control … Read more
The Singapore Fintech Festival (SFF) 2024, scheduled to return to the Singapore EXPO, promises to be a landmark event in the global fintech calendar. Building on its reputation as Asia’s premier fintech gathering, this year’s festival is expected to attract unprecedented participation from industry leaders, innovators, and policymakers worldwide. Anticipated Key Themes: AI and Financial … Read more
The Cardano Foundation, the nonprofit organization supporting the Cardano blockchain ecosystem, recently released its Financial Insights Report for 2023, revealing that as of December 31, 2023, it held a substantial $478.24 million in assets. A majority of the foundation’s assets—82.5%—are held in ADA, with 10.1% in Bitcoin (BTC), and the remaining funds in cash and cash … Read more
Ethereum (ETH) has been on an impressive rally, gaining over 20% in the past week. This surge has been driven by several factors, including significant outflows of ETH from exchanges, increased whale accumulation, and growing bullish sentiment across the market. Despite minor recent corrections, ETH is at a crucial juncture, testing key support and resistance … Read more