Bookmarking Crypto Insights
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing asset. A governance vote, scheduled to wrap up on Dec. 31, 2024, will decide the proposal’s fate. FIP-418: Frax Finance Weighs … Read more
The lawsuit alleges that the IRS’ latest rulemaking exceeds the agencies’ statutory authority and violates the Administrative Procedure Act. Go to Source
What if you could turn small investments into life-changing gains by simply spotting the right opportunities? Meme coins, with their wild popularity and explosive growth potential, offer just that. December 2024 brings a stellar line-up of meme coins worth exploring. Leading the charge is BTFD Coin, now in Stage 13 of its presale with a … Read more
The crypto industry witnessed historic milestones in 2024, from MiCA regulations in Europe to Bitcoin adoption in Latin America and the US eyeing a strategic Bitcoin reserve. Go to Source
Stephen Akridge, a co-founder of blockchain platform Solana, faces a lawsuit from his ex-wife, Elisa Rossi, alleging he misappropriated millions in solana (SOL) token profits. Rossi claims Akridge exploited his advanced crypto knowledge to secretly collect her staking rewards. The lawsuit, filed in San Francisco Superior Court, seeks damages for fraud, unjust enrichment, and breach … Read more
The monthly record in ETF inflows was insufficient to lift Ether’s price past the $3,500 resistance, which would trigger over $1 billion worth of leveraged short liquidations. Go to Source
Julia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. Zanatta emphasized that drex, if not properly implemented, might lead to the prohibition of physical money and proposed a ballot for its final implementation. Brazilian Congresswoman Warns About the End of Physical Money … Read more
AI cryptocurrencies have dropped nearly 30% in value, but analysts forecast a potential recovery during the 2025 altcoin season. Go to Source
According to CryptoDep data sourced from CryptoRank, Mog Coin ($MOG) has emerged as the second-best-performing memecoin in 2024, boasting a staggering 5,565% gain. It trails only Popcat ($POPCAT), which leads the memecoin market with a jaw-dropping 9,806% return. While Mog Coin’s performance has captured widespread attention, a significant whale transaction on the chain reveals that … Read more
Since the introduction of the Trump World Liberty team address on December 12, $LINK has seen a surge in value, rising by 29% in a short time. This has brought DeFi and oracle solutions back into focus, with Chainlink (LINK) remaining the clear leader in the oracle space by both token market value and total … Read more
