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Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions
26.11.2024
Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March's record activity.The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum.Blob fees spiked, leading to the burning of over 166 ETH worth $560,000 in...
DeFi tokens surge over 50% in November, TVL hits 2021 highs
25.11.2024
November’s gains have pushed DeFi’s total value locked back to levels last seen in 2021, reaching $118.4 billion on Nov. 25.
Semler Scientific Expands Bitcoin Holdings to Over 1,500 BTC
25.11.2024
Semler Scientific, Inc. announced updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving strategy in cryptocurrency and equity offerings. Semler Scientific Reports 58.4% Bitcoin Yield as Key Performance Indicator Between Nov. 18 and Nov. 22, Semler...
CoinDesk 20 Performance Update: XLM Surges 47.7% as Index Rises Over 100 Points
25.11.2024
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 3382.04, up 3.2% (+104.5) since 4 pm ET on Friday.
Seventeen of 20 assets are trading higher.Leaders: XLM (+47.7%) and...
Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B
25.11.2024
MicroStrategy bought 55,500 more bitcoin over the past week for $5.4B, bringing its total holding to 386,700 BTC. MicroStrategy recently entered the top 100 U.S. publicly traded companies by market cap, briefly surpassing $100 billion valuation. The Nasdaq 100 Index begins its annual reranking this...
Bitcoin ETFs hit new record with over $3.1B in weekly inflows
25.11.2024
CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22.
MicroStrategy Is a Bitcoin Magnet Pulling in the Earth's Capital Reserves: Bernstein
25.11.2024
Bernstein raised its MicroStrategy price target to $600 from $290.Broker Canaccord also increased its price target for the software company, to $510 from $300.The shares rose over 6% in early trading Monday
Pump.fun faces backlash over harmful content on livestream feature
25.11.2024
Pudgy Penguins’ safety project manager reported that a Pump.fun user was threatening viewers that they would commit suicide if their token didn’t pump.
XRP, DOGE Lead Crypto Losses as Weekend Bitcoin Pullback Causes $500M Liquidations
25.11.2024
Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline.The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.Despite the pullback, market sentiment remains optimistic, with...
Namecheap Amasses $73 Million in Bitcoin Revenue With Over 1.1 Million Transactions
22.11.2024
Namecheap recorded an astounding 1.1 million bitcoin transactions with over $73 million generated in revenue. Revenue Milestone for Namecheap Using Bitcoin Namecheap has been providing domain registration services for over two decades. In 2013, they became first domain registrar to support bitcoin...
Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’
22.11.2024
Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department
U.S. SEC Loses Crypto Lawsuit Over 'Dealer' Definition That Pushed Into Crypto
21.11.2024
A Texas federal court has rejected the U.S. Securities and Exchange Commission's recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the cryptocurrency sector. This adds a significant legal loss to the crypto legacy of SEC Chair Gary...
Lawmaker Demands Overhaul Amid Regulatory Failures: ‘The Era of Post-Financial Crisis Regulation Is Over’
21.11.2024
“Post-financial crisis regulation is over,” a top U.S. lawmaker has declared, calling for urgent reforms to digital asset oversight, regulatory transparency, and leadership accountability at federal agencies. Lawmaker’s Warning Signals Major Shake-up for Financial Oversight Agencies House Financial...
The Game Awards Should Happen After The Year Is Over, Like Every Other Award Show
20.11.2024
In case you missed it, the nominees for the 10th annual Game Awards, set to air on December 12, have been announced. Some frontrunners were predictably nominated in multiple categories, such as Astro Bot and Metaphor: ReFantazio, which scored seven and six nominations, respectively. But there were...
SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption
20.11.2024
A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities...
Minecraft Movie Director Reacts To Backlash Over Weird First Trailer
19.11.2024
The first Minecraft Movie trailer was a mess. It felt tonally off, the humor didn’t quite land, and the live-action aesthetic was disorienting. Stars Jack Black and Jason Momoa seemed like they were acting in different galaxies. Kids will probably still love the finished thing anyway, but swarms...
Analyst: Bitcoin Uptrend Is Far From Over; $100K in December?
19.11.2024
As the crypto market is currently sailing through strong bullish sentiment and confidence, an analyst on X named…
World’s Popularity Soars in Argentina: Over 2.2 Million Registered Users
19.11.2024
Argentina has become the country where World, the biometric ID project, is most popular, with over 2.2 million registered users despite backlash from authorities. The company plans to expand its footprint in the country by implementing home-based iris scanning options next year. Argentina Becomes...
BIT Mining to Pay $10M Penalty Over Bribery Allegations by SEC
19.11.2024
Crypto mining firm BIT Mining has agreed to pay a $10 million penalty to the U.S. Department of…
Speculation looms over SEC leadership under Trump as rhetoric escalates
18.11.2024
US Securities and Exchange Commission Chair Gary Gensler has not announced he will leave the commission, nor has Donald Trump suggested a possible replacement