FTX liquidates 22 million WLD tokens as part of its $16.5B customer refund plan, with funds aimed at repaying global creditors.
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Quai and Akash Network partner to integrate scalable blockchain and decentralized cloud computing, boosting blockchain efficiency and unlocking real-world Web3 solutions.
Quai and Akash Partner to Revolutionize Blockchain and Decentralized Cloud Computing
Austin, TX – December 23, 2024
Quai Network, a Layer 1 blockchain renowned for scalability, has joined forces with Akash Network, a leader…
Key Takeaways
AI tokens were favored as the category of tokens with the highest potential in the market according to a survey by Binance involving 27,230 respondents.
Nearly 45% of survey figures joined the cryptocurrency space in 2024.
A sizeable number of respondents expect more regulation in 2025.
Binance the largest crypto exchange by…
Key Takeaways
Binance.Us has announced plans to resume USD services in the United States by early 2025
Binance CEO Richard Teng earlier said it was too early to discuss whether the Exchange will resume operations in the United States
Binance is entirely banned in several parts of the US. They include New York, Texas, Louisiana,…
EQTY Lab, Intel, and NVIDIA introduce Verifiable Compute, an AI governance framework anchored on the Hedera blockchain, enhancing transparency, trust, and regulatory compliance.
Building AI Trust: Hedera Blockchain Supports Verifiable Compute Framework
Dec. 18, 2024 — Virginia, USA
In a groundbreaking development for the AI industry, EQTY Lab, Intel, and NVIDIA have unveiled Verifiable Compute,…
The 11 Spot Bitcoin ETFs recorded an outflow of $84.3 million from four of the existing ETF products. Despite the Outflow, Bitcoin ETFs closed the day with a positive balance thanks to a heavy inflow from Blackrock’s IBIT.
Bitcoin ETFs ended the day pulling in $275.3 million with significant outflows from four of the existing…
Three out of the nine existing Ethereum ETF products recorded an outflow of $79.4 million yesterday draining the Ethereum ETFs.
The Ether ETFs were left with a balance sheet of $2.5 million following the significant outflows from the three ETF products.
Farside Investors UK revealed that Grayscale’s ETHE, Grayscale’s ETH, and Bitwise's ETHW recorded outflows…
Singapore, December 19, 2024 — exSat, a Bitcoin scaling solution provider, has announced a $5 million developer incentive program aimed at accelerating innovation within the Bitcoin ecosystem. The initiative will include a series of competitions, beginning in January 2025, and culminate in a showcase at Bitcoin 2025 in Las Vegas.
Notably, the program kicks off…
Federal Reserve Cuts Rates by 25 Basis Points, Boosting Market Hopes
The Federal Reserve has officially reduced interest rates by 25 basis points, a move in line with market expectations. This rate cut is largely seen as a boost to markets, providing additional liquidity that could support risk-sensitive assets like cryptocurrencies. However, experts caution that…
Hong Kong approves four new crypto exchanges under its swift licensing process, bringing total licensed platforms to seven, with more steps ahead.