Cryptocurrency News

HECO Network to Cease Operations a Year After $87M Hack
The HECO Network, Huobi’s (now HTX) Layer 1 blockchain, will officially retire on January 15, 2025, according to a recent announcement. As part of the shutdown process, users with HRC20 asset
WisdomTree Registers in Delaware for XRP ETF
WisdomTree, a prominent U.S.-based asset manager overseeing more than $113 billion in assets, taken its first step toward launching an XRP-focused Exchange-Traded Fund (ETF). The firm recentl
Binance Labs New Investment: What is Kernel?
Binance Labs, the venture arm of Binance, invested in Kernel, a restaking infrastructure designed to enhance security, scalability, and utility for the BNB Chain. This funding seeks to boost
ZA Bank Becomes Asia’s First Bank to Offer Retail Crypto Trading: Report
ZA Bank, the largest digital bank in Hong Kong, launched retail cryptocurrency trading services for its users, according to The Standard. This makes ZA Bank reportedly the first bank in Asia
Solana ($SOL) Hits All-Time High of $264: Possible Factors Behind the Surge
Solana ($SOL), the layer-1 blockchain, reached a new all-time high of $264, according to TradingView. This surge comes after years of volatility, including a major downturn following the coll
Floki Postpones Valhalla Mainnet Launch to Early 2025
Floki announced a delay in the mainnet launch of its flagship play-to-earn (P2E) game, Valhalla. Originally slated for release in November 2024, the highly anticipated massively multiplayer o
Weekly Article Recap: 11/18-11/22
Recapping the Week in DeFi As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed about the latest developments and trends. Our weekly recap provide
Teresa Goody Guillén Considered for SEC Chair Amid Trump’s Pro-Crypto Push
Teresa Goody Guillén, a seasoned blockchain lawyer and former SEC attorney, has emerged as a leading candidate to head of the U.S. Securities and Exchange Commission (SEC), per CoinDesk. A Ch
Justin Sun Drops $6.2M on Controversial Banana Art, Calls It a "Cultural Phenomenon"
Justin Sun, the founder of the blockchain network TRON, made headlines by purchasing a controversial piece of art for $6.2 million at a Sotheby’s auction in New York. The artwork is a simple
Mercado Bitcoin Launches MBRL Stablecoin Pegged to Brazilian Real on the TRON Blockchain
Mercado Bitcoin (MB), the largest digital asset platform in Latin America, introduced a new stablecoin called MBRL, which is pegged to the Brazilian Real (BRL) and launched on the TRON blockc
Bitwise Joins Race for Solana ETF Amid Growing Interest in Crypto ETFs
Bitwise, a leading digital asset manager, officially filed for the registration of a "Bitwise Solana ETF Trust" in Delaware, marking another step in the growing competition among firms seekin
Singapore Gulf Bank Plans $50M Fundraising for Stablecoin Payments Acquisition
Singapore Gulf Bank, a newly established financial institution, is looking to raise at least $50 million in funding to pursue expansion plans, according to a recent report from Bloomberg. Fou
Binance Airdrop Portal Welcomes Thena (THE) as Second Project
Binance has added a new project to its Airdrop Portal, introducing Thena (THE) as the second cryptocurrency to reward BNB holders. This comes just after the announcing Banana Gun (BANANA) on
Trump’s New Crypto Advisory Committee Expected to Create U.S. Bitcoin Reserve: Report
Former President Donald Trump is assembling a crypto advisory council to position the U.S. as a global leader in the cryptocurrency space. The council, expected to work closely with Congress
Coinbase CEO Brian Armstrong to Meet President-Elect Trump Over Possible Crypto Regulation
Coinbase CEO Brian Armstrong is set to meet with President-elect Donald Trump. This meeting, scheduled for next Monday, according to a report by the Wall Street Journal on Nov. 18. The discus
Gary Gensler’s Departure and Its Impact on Crypto
SEC Chairman Gary Gensler announced his resignation, effective January 20, 2025. This move has sparked speculation about the future direction of the Securities and Exchange Commission (SEC),
Trump’s Team Discusses Potential White House Crypto Role Amid Growing Industry Influence
In the lead-up to President-elect Donald Trump’s inauguration, his transition team has reportedly opened discussions with the digital asset industry about creating a new White House position
Quantoz Unveils MiCA-Compliant Stablecoins USDQ and EURQ Backed by Tether and Kraken
The Dutch fintech company, Quantoz Payments, introduced two new stablecoins, USDQ and EURQ, compliant with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Backed by prominent
Floki Takes Valhalla to India with Ambitious Marketing Campaign
Floki has taken a bold step toward expanding its ecosystem with an ambitious marketing campaign in Delhi NCR, India. This campaign, announced on November 18, 2024, focuses on introducing Valh
Sky Protocol’s Flagship Stablecoin $USDS Expands to Solana
Sky Protocol’s flagship stablecoin, $USDS, officially launched on Solana. Sky Protocol sees the launch of $USDS as the first step in its broader strategy to enhance Solana’s DeFi liquidity an
Injective Unveils iAgent SDK to Automate Blockchain Tasks with AI
Injective Layer 1 smart contract platform unveiled the iAgent software development kit (SDK), a tool designed to simplify blockchain interactions through AI-driven agents. This SDK allows use