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Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape
22.2.2024
On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total....
AI Crypto Assets Skyrocket With Over $10 Billion Added to the Sector in 17 Days
20.2.2024
In the last 17 days, the value of artificial intelligence (AI) cryptocurrency assets has soared, with a significant addition of $10.21 billion to their overall market value. This surge aligns with the unveiling of Openai’s latest innovation, a generative AI-powered application capable...
Japan Unlocks Opportunities for Domestic Venture Capitalists to Invest in Web3 Startups
19.2.2024
Japan unlocks new opportunities for domestic venture capitalists to invest in Web3 startups. The move clears regulatory hurdles that previously forced Web3 companies to look overseas for funding. This shift is expected to stimulate innovation and drive Japan's position in the Web3 sector.
The post...
AI Tokens Rally as OpenAI’s Sora Brings Renewed Hope to the Sector
19.2.2024
Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko data shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%
Honduras Tightens Crypto Regulations, Prohibits Bank Transactions and Holdings
17.2.2024
The National Banking and Securities Commission of Honduras (CNBS) has passed a resolution prohibiting the country’s financial institutions from engaging in cryptocurrency-related activities. The CNBS stated that crypto transactions cannot be guaranteed by the Honduran central bank due to...
Sean Patrick Maloney Will Stop Working on Crypto Issues If Confirmed as OECD Ambassador: Report
15.2.2024
Sean Patrick Maloney pledged last week to stop advising on crypto issues if he is confirmed as U.S. representative to the Organization for Economic Cooperation and Development (OECD). Maloney reportedly sent a letter to Massachusetts Senator Elizabeth Warren on February 9, committing to resign from...
BlackRock’s IBIT Extends Spot Bitcoin ETF Lead With More Than 100,000 BTC Under Management
14.2.2024
Data published on February 13 revealed that BlackRock’s IBIT spot Bitcoin ETF had amassed over 100,000 bitcoins, positioning the firm as a clear leader in the closely contested sector. Here’s everything you need to know. 105,280 BTC Locked In Worth $5.1 Billion According to official...
Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth
14.2.2024
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and 40.3%, respectively....
Here Is The Next Big Hit In The Crypto World – A VR and AR Dedicated Ecosystem 5th Scape (5SCAPE)
13.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The cryptocurrency market is brimming with auspicious projects that carry substantial potential for global success, and among the most promising niches is AR/VR gaming. This sector is steadily...
Bitcoin Mining Stocks Surge — Double-Digit Gains Highlight Rapid Growth in Digital Currency Sector
13.2.2024
As bitcoin and the broader crypto market have surged, shares of publicly traded mining companies have seen substantial growth. Data shows that, in the last five days, stocks of many of these firms have experienced double-digit increases in value against the U.S. dollar. Publicly Traded Mining...
As ‘WAGMI’ Token Goes Viral, This Other Coin is About To Launch the Biggest Airdrop
12.2.2024
The Solana meme coin sector has witnessed a major move as WAGMI token, a coin named after the rallying call of crypto hodlers ‘we’re going to make it!’, experienced a 15,000% increase in value. This article will provide an analysis of WAGMI’s current price trends and look to...
Traditional Banking Sector Helped to Fuel Misconceptions About Regulators’ Stance on Crypto, Says Karim Chaib
11.2.2024
Although many global regulators are commonly perceived to be against offering regulation that is supportive of crypto, Karim Chaib, the CEO of the digital assets platform Web3intelligence, asserts that their stance is, in fact, intended “to ensure a safe and secure environment for both...
DeFi Market Forecast: A $18.28 Billion Explosion by 2027
9.2.2024
Key Findings: In 2024, the DeFi sector is projected to record a 47.5% revenue increase to $26.15 billion. Between 2023 and 2027, DeFi market revenue is projected to rise to $18.28 billion, representing a 103% increase. The DeFi user base in the USA will increase by 95%, from 8,673,000 in 2023 to...
On-Chain Domains Expand Usability of Web2 Platforms
8.2.2024
Just as the internet advanced with the evolution of the Domain Name System (DNS) – which turns domain names into IP addresses – the crypto sector is undergoing a similar transition with the implementation of on-chain domain names. What are On-chain Domains? Sandy Carter, COO and Head of Business...
Bitcoin Price Prediction as BTC Becomes 10th Most Valuable Asset in the World – Can it Overtake Gold?
8.2.2024
Bitcoin Price Prediction As Bitcoin (BTC/USD) ascends to the 10th spot among the world’s most valuable assets, its current trajectory highlights a significant moment in the evolution of digital currencies. Trading at a noteworthy $45,500, Bitcoin has witnessed nearly 5% increase, underscoring...
Myro Price Dips 15%, Is New Meme Coin Smog The Best Crypto To Buy Now?
8.2.2024
The Solana meme coin sector has witnessed a major move as Myro, a coin named after the Solana founder’s dog, experienced a 15% drop in value. This article will provide an analysis of MYRO’s current price trends and look to see whether a newer meme coin, Smog, represents a more promising...
LBank Launches Oasys: Revolutionizing the Blockchain Gaming Industry
8.2.2024
PRESS RELEASE. LBank, a leading global digital asset trading platform, proudly announces the integration of Oasys into its diverse trading portfolio. This strategic move not only enhances LBank’s offering in the blockchain gaming sector but also marks a significant milestone for Oasys...
Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App
7.2.2024
Vast Bank, the U.S. financial institution that once offered customers the unique ability to manage cryptocurrencies alongside traditional banking, is exiting the digital asset space and shutting down its crypto mobile app in response to a consent order from the Office of the Comptroller of...
DeFi TVL Reaches $60 Billion, Highest Level Since August 2022
6.2.2024
The decentralized finance (DeFi) sector is experiencing a surge in popularity, with the total value of tokens (TVL) deposited on DeFi-focused blockchains reaching $60 billion. This marks the highest level since August 2022, according to data provider DeFi Llama. The recent increase in TVL can...
Bitcoin Price Prediction: BTC Nears $42,500 Amid Bukele Win and Soaring ETF Interest
5.2.2024
During the Asian trading session, Bitcoin’s latest price prediction takes into account a modest retreat to $42,585, marking a slight downturn of over 1%. This movement coincides with significant developments in the sector: President Nayib Bukele’s electoral success in El Salvador,...