NFT market slumps 50%, Pudgy Penguins lead market downturn
The non-fungible token market has seen a major downturn as Bitcoin declined 4% over the past week to $94,000 and Ethereum retreated to $3,300. According to the latest data from…
VERUM surges 88%, PHALA jumps 44%, Bitcoin struggles at $94k
The price of VERUM and PHALA has shown double-digit gains, while Bitcoin has retraced to the $94,000 level. The global crypto market cap is not trading at its best shape,…
IRS targets DeFi: Blockchain groups challenge new broker reporting rule
Three prominent blockchain advocacy organizations filed a lawsuit challenging the Internal Revenue Service’s new broker reporting requirements. The organizations argue that the rules could severely impact the U.S. digital asset…
Crypto VC funding: Gaming, AI and infrastructure capture $120m in capital
In the final week of December 2024, Beam raised $72 million through a public sale. Crypto Fundraising data highlighted gaming and infrastructure as key focus areas. Weekly investments totaled nearly…
Hyperliquid fee generation could explode in 2025, expert says
HyperLiquid, the recently launched layer-1 blockchain and decentralized exchange, could outpace rivals in terms of fee generation in the next year, Syncracy Capital co-founder Ryan Watkins says. The DEX platform…
DeFi proponents to fight US IRS tax code
The U.S. Internal Revenue Service said DeFi brokers should comply with long-standing securities rules, disagreeing with industry sentiment arguing for different laws for digital assets. Updated rules from the IRS…
MEXC lists XRPL meme coin PHNIX
The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has…
Sonic passes Aave temp check for v3 integration
Sonic, formerly Fantom, has passed the first stage of launching Aave’s third-generation lending protocol on its blockchain. An on-chain temperature check to advance Aave v3 deployment on the newly launched…
Bybit adds TON staking with Tonstakers integration
Crypto exchange Bybit has announced the integration of Tonstakers to bring new staking opportunities to its users. This follows the exchange’s announcement on Dec. 27 that its web3 wallet now…
Lightchain AI: The Dogecoin alternative investors can’t afford to overlook
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin’s legacy faces a challenge as Lightchain AI emerges…