The Open Network (TON) Foundation has unveiled a new governance model, Society DAO, aimed at fostering a more decentralized ecosystem. This initiative encourages community members to actively participate in decision-making, resource allocation, and project management, enhancing both autonomy and growth within the TON ecosystem. According to the TON Foundation’s blog, the Society DAO seeks to … Read more
As the broader cryptocurrency market gears up for a bullish recovery, the decentralized finance (DeFi) segment is poised for a potential bull run. Among the top performers in this space, Chainlink (LINK) stands out, preparing for a breakout that could elevate its price significantly. This leads to an important question: How high will LINK jump … Read more
As the 2024 election season approaches, the landscape of U.S. politics is witnessing a growing divide regarding cryptocurrency. While some lawmakers are stepping forward to advocate for blockchain technology and its potential, others prefer to maintain a cautious distance. Here’s a look at five crypto-friendly politicians who are betting on the future of digital assets. … Read more
In the last 30 days, XRP has experienced a notable decline, with prices dropping at least 13.1%. Starting October at $0.61175, the cryptocurrency touched a low of $0.50877 by the end of the month, marking a significant 20.24% drop. A recent report reveals that Ripple has released one billion XRP from escrow for November, prompting … Read more
Ethereum (ETH) has been on a turbulent ride, recently dipping to around $2,500 and struggling to find upward momentum. Veteran crypto trader Peter Brandt has issued a cautionary forecast, warning that ETH could plummet to as low as $1,550 due to weak buying interest. His analysis, based on Ethereum’s 4-hour chart, suggests a bearish rising … Read more
Decentralized finance (DeFi) activity is on the rise in Eastern Europe, highlighting a significant increase in cryptocurrency adoption, according to the latest report from on-chain analytics platform Chainalysis. Between July 2023 and June 2024, the region received over $499 billion in cryptocurrency, with DeFi accounting for a substantial third of that value, totaling more than … Read more
At The Gateway event in Dubai today, TON announced exciting new updates to its Telegram-integrated crypto wallet, TON Space, enhancing user accessibility and functionality. With over 100 million Telegram users—approximately 10% of the app’s total user base—having signed up for TON Space, this marks a significant milestone for the platform. Integration of Self-Custodial Options The … Read more
In a significant move for the cryptocurrency landscape, MoonPay has partnered with Venmo, opening access to Venmo’s 60 million active users and providing a streamlined pathway for engagement in decentralized finance (DeFi) on Uniswap. This collaboration allows U.S. users to buy and sell crypto assets directly using their Venmo balances, linked bank accounts, and cards. … Read more
Florida’s Chief Financial Officer, Jimmy Patronis, recently disclosed that the state has approximately $800 million invested in crypto-related assets. In an interview with CNBC, Patronis discussed the potential for increasing these investments, especially if former President Donald Trump returns to the White House. National Crypto Stockpile Proposal Patronis pointed to Trump’s proposal for a national … Read more
Cardano, renowned for its innovative approach to blockchain technology, is gearing up for the second phase of its Chang Hard Fork. The development company behind Cardano, EMURGO, has shared five significant updates that aim to enhance the network’s governance and functionality. Cardano Chang Hard Fork Phase 2: What to Expect The Chang Hard Fork, which … Read more