Why are memecoins up today?
Memecoins are up today and have strongly outperformed the entire crypto market over the last month. Go to Source
Month: October 2024
Ethereum L2 Platform Linea Integrates Chainlink’s Cross-Chain Protocol
The layer two platform Linea has teamed up with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability. Linea Expands Ecosystem With Chainlink’s CCIP Linea, an Ethereum layer two (L2) network, recently shared news … Read more
Brazil to review Elon Musk’s X ban after $5M fine payment
Social media platform X could soon be restored in Brazil after paying fines, appointing a new legal representative and blocking certain user accounts at the court’s request. Go to Source
Ethereum price lags Bitcoin and altcoins, but is a rally to $2.6K possible?
A drop in Ethereum network activity and investors’ concerns about the global economy continue to weigh on ETH price. Go to Source
Nigeria Central Bank Governor Defends Naira Float Decision
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the importance of the decision to float the naira, despite public criticism of the move. He stated that the disparity between official and parallel exchange rates encouraged arbitrage and speculation, eroding market trust. He highlighted the positive impact of the decision on reducing … Read more
Ex-FTX exec ‘not worried’ about reporting to prison on Oct. 11
Ryan Salame pleaded guilty to conspiracy to make unlawful political contributions and defraud the Federal Election Commission after FTX’s collapse. Go to Source
Tradias secures funding, BaFin license, eyes European expansion
The Bankhaus Scheich subsidiary got its own BaFin license after using the parent company’s for several years. Go to Source
Polychain, Franklin Templeton back Bitlayer’s $9M Series A extension
The Bitcoin layer-2 startup has raised more capital for its upcoming Bitlayer v2, bringing its total funding to $25 million to date. Go to Source
Theoriq launches testnet for blockchain-based AI agent network
The organization claims it’s developed a first-of-its-kind blockchain network. Go to Source
Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD
Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto Liquidity, Ripple’s RLUSD Market Cap Rises According to a recent report from Cryptoquant, stablecoin liquidity soared … Read more