Dr. Xiao Feng, Chairman of HashKey Group, issued a 2024 New Year’s message, starting from the first principles of blockchain and discussing the top ten industry trends in 2024. Embracing the first principles of that blockchain, he emphasized their history of ledgers began with the Sumerians writing on clay tablets millennia past through to the […]
The Coinbase-incubated Ethereum layer-2 network Base is showing steady growth, although the rate has slowed since its initial surge. According to the recent data from L2Beat, Base’s total value locked (TVL) is nearly $735 million, exhibiting a 4% rise in the past week. Since its official launch in August 2023, Base Network’s TVL —a metric […]
Chainlink unveiled strategic initiatives to bridge traditional finance and blockchain, marking a significant move towards integrating digital and traditional asset markets, in its Q4 product update on December 19. The crypto oracle provider outlined plans to support the virtual tokenization of Real World Assets (RWAs) on the blockchain. The key to Chainlink’s strategy is the […]
Paxos, the leading stablecoin issuer, has received regulatory approval from the New York Department of Financial Services (DFS) to launch its products on the Solana blockchain. Paxos said the approval by the financial regulator marks a significant milestone for the evolution and innovation of the firm’s enterprise and consumer-focused operations, according to the details shared […]
Ethereum is riding the wave of a storm of backlash. It’s worth against BTC and Solana on Crypto X December 20, at essentially one-twentieth its value going into last year’s holidays. With declines like this, not seen since April 28 of last year, concerns have been voiced in the past about where Ethereum is headed–and […]
Palau has taken a major step towards becoming a global leader in blockchain-based digital currency. The country’s Ministry of Finance has announced the commencement of operations with the second phase of the Palau Stablecoin (PSC) Program, executing this initiative in collaboration with Ripple’s CBDC platform. Yesterday the Republic of Palau Ministry of Finance officially launched […]
Blockchain-based lending is rising, showing a significant uptick, with the value of active tokenized private credit reaching $582 million. This marks a whopping 128% increase from the figures recorded just a year ago, according to data from real-world asset loan tracker RWA.xyz. Despite falling from the $1.5B peak in June 2022, the resurgence reflects growing […]
Solana, the proof-of-stake (PoS) blockchain established by Solana Labs in 2018, has surpassed the Ethereum (ETH) network in DEX volume for the first time in history. The data from DefiLlama revealed that Solana has experienced an impressive surge of $1.536 billion in 24 hours, while Ethereum has amassed only $1.164 billion. The weekly change in […]
Blockchain platform Coti is moving forward with its strategic plan to, within three years, turn its protocol into a layer-2 oriented solution for the Ethereum network. An announcement made in confidence, which was recently disclosed, highlights Coti’s continued zeal to increase its privacy functions in the Ethereum space. The upcoming Coti v2 will leverage a […]