The Cardano (ADA) community received disappointing news as the highly anticipated Chang hard fork has been delayed. Charles Hoskinson, Cardano’s founder, announced on X that the launch originally scheduled for August 27 will be pushed back to allow additional time for exchanges, including Binance, to prepare. Hoskinson compared the delay to a rocket waiting on … Read more
The Indian government is gearing up to introduce a comprehensive regulatory framework for cryptocurrencies. A panel led by the Secretary of the Department of Economic Affairs (DEA) is set to release a consultation paper on the matter between September and October 2024. The consultation paper aims to gather feedback from various stakeholders, including industry experts, … Read more
The cryptocurrency market has witnessed a substantial surge in value over the past 24 hours, adding over $100 million to its total capitalization. This positive trend has been reflected in the performance of leading cryptocurrencies, with Bitcoin and Ethereum leading the charge. Bitcoin, the dominant cryptocurrency, has experienced a remarkable 5.47% increase, successfully breaching the … Read more
According to a report by Steno Research, the highly anticipated decentralized finance (DeFi) summer could return as early as 2025. Four years after the landmark DeFi summer of 2020, the total value locked (TVL) in DeFi protocols might hit an all-time high by early next year. However, the revival of this dynamic period hinges on … Read more
The TON blockchain continues to capture significant attention in the crypto market, fueled by the success of numerous gaming projects developed on its platform. Since the beginning of the year, TON has seen its Total Value Locked (TVL) surge by over $550 million, driven by the rise in Toncoin value and the expansion of the … Read more
Grayscale’s Bitcoin Mini Trust has seen a substantial increase in assets under management (AUM), surpassing $2 billion to reach approximately $2.03 billion. This trust now holds about 31.9 million BTC and has 359.6 million shares outstanding. Designed to offer lower fees and smaller denominations compared to the original Grayscale Bitcoin Trust, the Bitcoin Mini Trust … Read more
In a recent statement, Tether Chief Executive Officer Paolo Ardoini reaffirmed the company’s steadfast commitment to preventing the misuse of cryptocurrency in criminal activities. Ardoini emphasized Tether’s proactive stance in collaborating with global law enforcement agencies to combat fraud and secure digital assets. Tether, known for its stablecoin USDT, has intensified its efforts to ensure … Read more
In a strategic push to bolster its foreign economic activities and advance de-dollarization, Russia is set to launch two significant cryptocurrency exchanges. These exchanges will be based in Moscow and St. Petersburg, marking a notable step in the country’s efforts to integrate digital assets into its economic framework. The initiative highlights Russia’s intention to leverage … Read more
Grayscale Investments, a leading player in the cryptocurrency investment space, has unveiled its new Grayscale Avalanche Trust, which exclusively holds Avalanche (AVAX) tokens. This launch underscores Grayscale’s commitment to expanding its portfolio with prominent layer-1 blockchain technologies, aiming to capture investor interest in emerging digital assets. Rayhaneh Sharif-Askary, Grayscale’s head of product and research, emphasized … Read more
The cryptocurrency market is poised for a major event on August 23, 2024, as Bitcoin and Ethereum face a combined options expiry worth $1.5 billion. This significant expiry arrives amid a period of recovering stability after recent volatility, raising expectations for potential market shifts. Bitcoin Options Expiry: Key Details Bitcoin is set for a massive … Read more