Qubic's controversial Monero hashrate grab and QUBIC token surge
Blockchain News

Shocking Move: Qubic’s 51% Monero Hashrate Grab Triggers Price Dip as QUBIC Token Surges 9.5%

In a bold and controversial move, Qubic, co-founded by IOTA’s Sergey Ivancheglo, has announced plans to control 51% of Monero’s hashrate, sparking intense debate and a 1.1% price dip for XMR. Meanwhile, QUBIC’s token surged 9.5%, reflecting market curiosity and skepticism. Here’s what you need to know. Qubic’s 51% Monero Hashrate Experiment: What’s Happening? Qubic […]

Visualizing the monumental 30 million USD1 stablecoin mint on the Solana blockchain, highlighting its impact on the digital economy.
Blockchain News

USD1 Stablecoin: Solana’s Monumental Minting of 30 Million Sparks Ecosystem Growth

The cryptocurrency world recently witnessed a significant event. World Liberty Financial co-founder Zach Witkoff announced the minting of 30 million USD1 on the Solana blockchain. This development marks a notable expansion for the USD1 stablecoin and for Solana’s burgeoning ecosystem. This substantial minting operation draws attention to the increasing utility of stablecoins within decentralized finance […]

Illustrates the remarkable growth of DeFi lending protocols, showcasing the $100 billion all-time high in crypto deposits.
Blockchain News

Lending Protocols Soar: Unprecedented $100 Billion Deposits Mark Historic Milestone

The cryptocurrency world recently witnessed a significant milestone. Total deposits into lending protocols have reached an unprecedented all-time high of $100 billion. This remarkable achievement, reported by Unfolded via X, underscores the escalating confidence and capital flowing into decentralized finance (DeFi). Investors and users are increasingly turning to these innovative platforms for various financial activities. […]

Fastex FTN-backed collectible currency notes with advanced security features
Blockchain News

Fastex Revolutionizes Collectibles with First Globally Issued FTN-Backed Currency Notes

In a groundbreaking move, Fastex has launched the first globally issued collectible currency notes backed 1:1 by its native FTN token. This innovative initiative bridges the gap between physical collectibles and blockchain technology, offering a unique blend of tangible appeal and digital transparency. What Makes Fastex’s Collectible Currency Notes Unique? Fastex’s collectible currency notes stand […]

JD.com HKD-pegged stablecoin transforming cross-border payments with blockchain technology
Blockchain News

JD.com Stablecoin Revolution: How a HKD-Pegged Token Cuts Cross-Border Costs by 90%

In a bold move to revolutionize global payments, JD.com has unveiled plans for a Hong Kong dollar-pegged stablecoin, promising to reduce cross-border transaction costs by a staggering 90%. This strategic initiative positions the Chinese e-commerce giant at the forefront of digital finance innovation. What is JD.com’s HKD-Pegged Stablecoin? JD.com’s new stablecoin, operating under the “Jingdong […]

Vertex migrates to Kraken's Ink layer-2 for decentralized derivatives growth
Blockchain News

Vertex Shifts from Arbitrum to Kraken’s Ink Layer-2: A Bold Move for Decentralized Derivatives

In a surprising yet strategic move, Vertex, the decentralized crypto derivatives protocol, is shutting down its Arbitrum-based DEX and migrating to Kraken’s layer-2 network, Ink. This transition marks a pivotal moment for decentralized finance (DeFi) as Vertex aims to strengthen its position in the competitive perp DEX market. What does this mean for VRTX token […]

A symbolic image showing the strategic Coinbase acquisition of Deribit, representing a significant shift in the crypto derivatives market leadership.
Blockchain News

Coinbase Acquisition: A $2.9 Billion Power Move Reshapes Crypto Derivatives

The cryptocurrency world witnessed a monumental shift as Coinbase Exchange officially finalized its $2.9 billion cash-and-stock purchase of Deribit. This strategic Coinbase acquisition immediately reshapes the global landscape of crypto derivatives. The deal positions Coinbase as an undeniable force, capturing an immense share of the market. It represents a significant expansion for the prominent U.S.-based […]