Agora, a stablecoin company, has introduced its AUSD stablecoin as the native currency for Polygon’s AggLayer, a crosschain settlement network, to enable multichain transactions via a stable, fiat-backed asset. The partnership aims to eliminate the need for token bridges, simplifying and unifying liquidity for developers and end-users in the AggLayer community onchain. Agora is a…
Key Takeaways MicroStrategy’s stock hit a new all-time high following a $2 billion Bitcoin purchase. MicroStrategy now holds 279,420 BTC, with unrealized profits of $11.4 billion due to recent Bitcoin price increases. Share this article MicroStrategy (MSTR) soared 19% to a record high of above $320 after US markets opened on Monday, following the company’s…
PEPE rally has come to an abrupt halt, as the price faces rejection at resistance and begins its descent toward the key support level of $0.00001152. After a strong upward push, the token has encountered significant selling pressure, raising concerns about the sustainability of its bullish strength. Now, all eyes are on the $0.00001152 mark…
The Conflux Foundation plans to invest $500 million to support the growth of PayFi, short for Pay Finance, a Web3 payments solution. Conflux’s $500 million investment will come from its ecosystem fund and will go toward developing PayFi, a blockchain-based payments platform that aims to bring traditional finance services to the blockchain. PayFi aims to…
Key Takeaways FTX is suing Binance and CEO Changpeng Zhao for $1.7 billion over alleged fraudulent transfers. The lawsuit claims the 2021 share repurchase deal involved FTX’s insolvency and misleading tweets by Zhao. Share this article FTX has brought a lawsuit against Binance and its founder Changpeng Zhao, seeking to recover around $1.7 billion, which…
Este artículo también está disponible en español. Bitcoin surged past the $82,000 mark on Binance, marking a substantial 17% increase since the public announcement of Donald Trump’s victory in the recent US presidential election on Wednesday, November 6. Over the past weekend, the BTC price staged a rare “weekend pump”, rallying by more than 6%….
The cryptocurrency exchange Binance saw significant price increases for several memecoins listed on its platform in 2024. On Nov. 11, pseudonymous onchain analyst Ai_9684xtpa posted on X that among the 15 memecoins listed by Binance in 2024, 12 saw significant increases in value after going live on the exchange. Memecoins like Moo deng (MOODENG), Dogwifhat…
DWF Labs has partnered with the University of California, Los Angeles (UCLA) on a new educational initiative focused on tokenized securities. DWF Labs, a Web3 investor and crypto market maker, will be featured in a case study in the upcoming book, The STO Financial Revolution, the latest blockchain educational initiative spearheaded by UCLA’s faculty member…
Key Takeaways The Federal Reserve reduced its benchmark rate by 25 basis points, the second cut this year. Bitcoin rose to $76.7K following the rate cut and Trump’s economic policies. Share this article The Federal Reserve cut its federal funds rate by 25 basis points today, lowering it to a range of 4.5–4.75%. As the…
Bitcoin is proving its mettle, and showing no signs of stopping. The crypto skyrocketed to a fresh record high on Monday, as investors bet that Donald Trump’s return to the Oval Office will be good for the crypto industry. Related Reading The world’s largest and most recognized cryptocurrency has now more than doubled from the…
