A visual representation of dYdX protocol revenue being allocated to a crypto buyback program, emphasizing the dYdX governance vote.
Blockchain News

dYdX Initiates Pivotal Vote: 75% Protocol Revenue for Crypto Buybacks

The decentralized finance (DeFi) landscape constantly evolves, and at its forefront, decentralized exchanges (DEXs) like dYdX drive innovation. A significant development has emerged from the dYdX Foundation, initiating a crucial governance vote. This proposal aims to allocate a substantial 75% of the **dYdX protocol revenue** towards a token buyback program. Such a move holds profound […]

A visual representation of the Ontology ONG supply reduction, symbolizing enhanced value and a more sustainable blockchain ecosystem.
Blockchain News

Ontology ONG: Crucial Supply Reduction Enhances Tokenomics and Value

The cryptocurrency world constantly evolves, and blockchain projects frequently refine their core mechanisms. In a significant move for its community, Ontology (ONT), a prominent layer-1 blockchain project, recently announced a pivotal adjustment to its Ontology Gas (ONG) tokenomics. This change follows a unanimous on-chain vote, underscoring the project’s commitment to decentralized governance and long-term sustainability. […]

A digital wallet screen showing a large ASTR token transfer, symbolizing the recent Galaxy Digital OTC movement.
Blockchain News

ASTR Token: Galaxy Digital Unveils Significant $3.31M OTC Movement

The cryptocurrency market often buzzes with news of significant on-chain transfers. Recently, a notable transaction involving the ASTR token has captured the attention of market observers. A wallet, reportedly linked to institutional crypto giant Galaxy Digital, moved a substantial 2.9 million ASTR tokens, valued at approximately $3.31 million, to an over-the-counter (OTC) wallet. This particular […]

Astar roadmap details a strategic ASTR supply cap and Burndrop mechanism for the evolving blockchain.
Blockchain News

Astar Unveils Revolutionary Phase 2 Roadmap: Strategic ASTR Supply Cap & Burndrop Mechanism

The cryptocurrency world constantly seeks innovation and strategic advancements. Consequently, news from prominent projects often captures significant attention. The Japanese public blockchain project Astar (ASTR) recently announced its highly anticipated Evolution Phase 2 roadmap. This pivotal development signals a new era for the network, introducing key changes designed to enhance its long-term sustainability and decentralization. […]

A visual representation of the Bithumb HIVE suspension, with Bithumb and Hive logos signaling a temporary pause for a network upgrade.
Blockchain News

Crucial Bithumb HIVE Suspension Announced for Network Upgrade

The cryptocurrency landscape often sees rapid changes and necessary operational adjustments. In a recent development, **Bithumb**, a prominent South Korean **crypto exchange Bithumb**, has made an important announcement. The exchange will temporarily halt **HIVE deposits** and **HIVE withdrawals** in preparation for a significant network event. This proactive measure aims to support the upcoming Hive network […]

Secure digital asset custody meeting DeFi innovation, represented by the KODA Clearpool partnership enabling institutional access to crypto finance.
Blockchain News

Revolutionizing Institutional DeFi: KODA Clearpool Partnership Elevates Digital Asset Access

The cryptocurrency landscape continually evolves. Institutions seek secure and compliant pathways into decentralized finance (DeFi). A significant development recently emerged from South Korea. Cryptocurrency custody firm Korea Digital Asset (KODA) has forged a strategic alliance with the innovative DeFi platform Clearpool. This pivotal KODA Clearpool partnership aims to bridge traditional finance with the burgeoning world […]

Visualizing a DeFi prediction market platform with transparent blockchain data flows, representing Inbum's commitment to fairness.
Blockchain News

DeFi Prediction Market Unveils Revolutionary Transparency Platform by BugsCoin Founder

The cryptocurrency landscape never stands still. A groundbreaking announcement has recently captured the attention of the decentralized finance (DeFi) community. Inbum, the visionary founder behind BugsCoin (BGSC), is poised to launch an innovative DeFi prediction market platform. This significant development promises to redefine how users interact with future events. It aims to introduce unprecedented levels […]

Digital representation of a **tokenized retail fund** approved by Singapore's MAS, symbolizing innovation in wealth management.
Blockchain News

Revolutionary: Singapore’s MAS Approves First Tokenized Retail Fund by Franklin Templeton

The financial world stands on the cusp of a significant transformation. Indeed, Singapore is leading this charge. The Monetary Authority of Singapore (MAS) has officially approved the first **tokenized retail fund** for public access. This landmark decision marks a pivotal moment for the integration of blockchain technology into mainstream finance. Investors are watching closely as […]

Employees receiving **Visa stablecoin payroll** payments directly into their crypto wallets, illustrating the future of digital currency salaries.
Blockchain News

Revolutionary Visa Stablecoin Payroll: Empowering Digital Currency Salaries in 2024

The world of payroll is undergoing a significant transformation. Visa, a global leader in payment technology, is now at the forefront of this evolution. They are piloting a groundbreaking Visa stablecoin payroll service. This move, therefore, signals a major shift towards integrating digital assets into mainstream financial operations. Indeed, it offers a glimpse into the […]

a16z crypto advocates for decentralized stablecoins exemption from the GENIUS Act, impacting future stablecoin regulation.
Blockchain News

Crucial: a16z Champions Decentralized Stablecoins Exemption from GENIUS Act

The landscape of cryptocurrency regulation is constantly evolving, presenting both challenges and opportunities. A significant development recently emerged from Andreessen Horowitz (a16z) Crypto, a prominent venture capital firm deeply invested in the blockchain space. The firm has taken a firm stance, urging the US Treasury to exempt decentralized stablecoins from the proposed GENIUS Act. This […]