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On November 19, the crypto payment gateway MoonPay announced that it had more Solana transactions that day than all of November 2023. The following day, its SOL trade volumes increased even further. MoonPay has not disclosed a reason for this heightened Solana transaction rate, but a frenzy in SOL meme…
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users to scams and financial harm. “Please remember to verify information…
Cardano’s native digital asset ADA has decoupled from the altcoin pack after a recent price surge. ADA has soared by more than 40% in the last seven days and is up 6% in the last 24 hours. According to Santiment, ADA’s recent price movement is credited to increased whale activity…
Coinbase listing FLOKI on November 21 could boost liquidity and market interest. Technical analysis suggests a 30% price surge if FLOKI breaks consolidation levels. On-chain data shows increased transaction volume, signalling a potential bullish trend. The announcement that Coinbase will list FLOKI, a dog-themed meme coin, on the Ethereum network…
Coin Center’s Appeal Highlights Legal Dispute Over Tornado Cash and Its Impact on User Privacy
In a significant legal development, the Coin Center lawsuit against the U.S. Treasury’s sanctions on Tornado Cash continues to highlight the tension between privacy and regulation in the crypto sphere. The ongoing appeal underscores the broader implications for U.S. cryptocurrency users, emphasizing the need for clarity in regulations surrounding privacy-enhancing…
Mantra (OM) price recently broke a new all-time high on November 18 and has surged 155.29% in the last seven days. This explosive rally highlights the strong bullish momentum that has pushed OM to its highest levels yet. However, recent indicators, including RSI and the Ichimoku Cloud, suggest the uptrend…
India Expands Payment Ties With Regional Partners to Strengthen Cross-Border Financial Networks
India’s expanding payment ties with nations like UAE and Sri Lanka highlight a push for seamless transactions, paired with cautious central bank digital currency (CBDC) advancements. India’s Growing Regional Payment Ties Signal a New Financial Era India is broadening its payment linkages with several nations, including Sri Lanka and the…
Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain. According to the official announcement, Sky said the launch positions USDS as “the first major DeFi-native stablecoin on Solana,” offering new avenues for borrowing, lending, and trading on the…
Acurx Pharmaceuticals announced plans to allocate up to $1 million worth of Bitcoin for its treasury reserves in a strategic move to embrace BTC as a store of value. The decision approved today by the company’s board of directors aligns with a growing trend among companies seeking alternative financial strategies…
Shiba Inu Lead Reacts as Whale Turns $10K in SHIB to $2.5B and Continues to Hold Since Launch
A blockchain analytics platform has uncovered the activity of an early Shiba Inu whale whose investment has grown exponentially but continues to hold. Bubblemaps, a surveillance resource that uses visual representations to analyze blockchain data, recently revealed the details of this whale’s activity, dating back since the launch of Shiba…