Crypto News Center

HyperLiquid's Native Token Debuts at Fully Diluted $4.2B Market Cap

Trading volume for HYPE reached $157 million in the first hour of trading. Nov 29, 2024, 9:22 a.m. UTC Decentralized crypto exchange HyperLiquid distributed its native token, HYPE, spurring demand that saw the price jump to $4.18 from an initial $3.2 and lifting the fully diluted value (FDV) to $4.2 billion There are 333 million of the planned 1 billion tokens in circulation after the airdrop, giving a market cap...

BlackRock, WisdomTree Bitcoin ETFs dominate daily inflows

GBTC's massive outflows failed to outweigh the gains of other ETFs. Key Takeaways BlackRock's IBIT led the pack, attracting over $157 million in net capital. WisdomTree's BTCW had a historic day with over $118 million, its largest inflow since its trading debut. BlackRock’s iShares Bitcoin Trust (IBIT) solidified its market leadership on August 8, attracting over $157 million in net capital, according to data from Farside Investors. But the day’s...

BNB Chain network booms – So why does the altcoin continue to struggle?

Journalist BNB Chain has seen incredible network traction, hitting 463.7M unique addresses.  Overall, weak sentiment could drag BNB to $500 or below.  The Binance [BNB] chain has maintained the lead on key network growth, ranking first on total unique addresses in August. According to recent data , the chain’s unique addresses hit 463.7 million.  The chain also ranked fourth in total transactions, with 209 million transactions in July.  Source: Coin98...

Palo Alto Networks breach: Blockchain key to cybersecurity resilience

Homepage > News > Tech > Palo Alto Networks breach: Blockchain key to cybersecurity resilience In late November, reports broke that Palo Alto Networks (NASDAQ: PANW), one of the world’s leading cybersecurity firms, had been hacked. The Silicon Valley security firm serves over 70,000 customers worldwide and specializes in advanced firewalls and cloud-based security solutions. Within days of the reports, it released a statement confirming that its Next Generation Firewalls...

Ripple and Mercado Bitcoin initiate cross-border payment service in Brazil

Ripple expands into Brazil with Mercado Bitcoin partnership, enabling seamless crypto-enabled international payments. Key Takeaways Ripple and Mercado Bitcoin's new system targets initial transactions between Brazil and Portugal. The partnership marks Ripple's continued expansion in Latin America. Ripple has partnered with Mercado Bitcoin, one of Latin America’s largest crypto exchanges, to launch a new crypto-enabled cross-border payments solution in Brazil.  This partnership will enable businesses to make faster, cheaper, and...

Wintermute’s Major Deposits Impact PEPE And ARB Markets

Wintermute has recently made significant moves in the cryptocurrency market, depositing a staggering 702.9 billion PEPE tokens, valued at approximately $6.59 million, to Binance. This substantial deposit coincided with a 3.4% drop in the price of PEPE, highlighting the market’s sensitivity to large-scale transactions. Meanwhile, the “Whale with a 100% Winning Rate in the Past Three Months” for PEPE, who has garnered significant attention, has remained inactive since adding positions...

Sonic Labs Teases Upcoming Public Launch of Its Layer-1 Blockchain

Sonic Labs is launching its new blockchain, Sonic, in December 2024 . This blockchain is a Layer-1 network designed to address key problems in decentralized technology, such as high fees, slow transaction speeds, and limited scalability .  Sonic’s advanced features aim to make blockchain technology more accessible for developers and users alike. By combining high-speed transactions, low costs, and seamless integration with Ethereum , Sonic promises to be a major...

AvaTrade Changes F1 Strategy: Inks New Sponsorship Deal with Max Verstappen’s Team

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech,...

UXLINK unveils next-gen social growth omni-chain infrastructure to empower builders and scale apps to billions of users

Key Takeaways UXLINK's chain abstraction stack merges Web2 ease with Web3 innovation. The platform supports both EVM and non-EVM chains, ensuring wide application scalability. Singapore – UXLINK is excited to announce the launch of its cutting-edge chain abstraction stack, designed to revolutionize how developers and users interact with blockchain technology. UXLINK’s next-gen chain is an omni-chain infrastructure that empowers builders to create applications capable of scaling to billions of users...

California DMV Puts 42 Million Car Titles on Avalanche Blockchain

By Mark Hunter 2 weeks agoWed Jul 31 2024 09:54:46 Reading Time: 2 minutes The California DMV has digitized 42 million car titles on the Avalanche network Oxhead Alpha has revealed this project to streamline vehicle title transfers for over 39 million residents The new system has sped up the title-claiming process to minutes, reducing physical visits The California Department of Motor Vehicles (DMV) has put 42 million car titles...