Binance Labs invests in Perena to boost Solana stablecoin adoption

Binance Labs, the venture capital and incubation arm of Binance, has invested in Perena, a stablecoin infrastructure protocol on Solana. In an announcement on Dec. 11, Binance Labs revealed it…

Alchemy Pay plans to launch its own layer-1 blockchain

Crypto payments provider Alchemy Pay has announced plans to launch its own layer-1 blockchain, which the company says will target large-scale business applications. Alchemy Pay (ACH) notes that the layer-1…

Bitget eyeing Lithuania for European regional hub 

Crypto exchange Bitget is considering Lithuania as its European regional hub, reflecting its strategic expansion within the European Union. Bitget, which already holds a virtual asset service provider license in…

Crypto travel platform Travala introduces Bitcoin reserve plan 

Travala, a cryptocurrency-based travel booking platform, has announced a new “Treasury Reserve Plan” after surpassing $100 million in annual gross revenue.  The plan will see the company hold reserves in…

$APT Price Surges by 6% Today, After Binance Lists USDT on Aptos

Key Points Support for native USDT on Aptos went live on Binance, triggering a surge in APT price. Meanwhile, the Aptos Foundation announced the upcoming opening of a new Abu…

Hong Kong Treasury says crypto is not a ‘target asset’ for its Exchange Fund

The Hong Kong Treasury Department does not consider crypto to be a ‘target asset’ for the nation’s Exchange Fund, even though it does invest a small portion of funds into…

Bitget Continues Europe Expansion, Plans Regional Crypto Hub in Lithuania

Key Points Bitget continues strategic expansion in the EU, planning to recruit compliance and operations personnel in Lithuania. The crypto exchange is actively preparing for compliance under the EU’s MiCA…

Top 5 Trending Solana Tokens on Phantom in the Last 7 Days

Towards the end of Q4, 2024, some Solana-based tokens are trending on Phantom wallet in the last seven days. Here are the first five. Top 5 Solana Tokens Trending on…

OKX lists VIRTUAL and SUNDOG on perpetual futures

OKX will launch of USDT perpetual contracts for Virtual Protocol’s token and Tron-based meme coin on Dec. 11 with leverage of up to 50x. In a recent notice, major crypto…

Hong Kong looks to speed up crypto regulation amid rising sector demands

Hong Kong is exploring ways to expedite updates to its crypto regulations in response to the fast-growing global sector. The fast growth of the crypto sector is pushing Hong Kong…