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Litecoin has emerged as the most active blockchain in the world, consistently surpassing Bitcoin ($BTC) and Ethereum ($ETH) in terms of authentic active addresses. According to data from @intotheblock, Litecoin’s addresses that made one or more on-chain transactions have outpaced those of its more well-known counterparts. This trend underscores Litecoin’s growing adoption as a global … Read more
Over the past 30 days, Solana has solidified its position as a top contender in the blockchain space, boasting an impressive 290 million decentralized exchange (DEX) transactions, the highest among all blockchains. Additionally, Solana has attracted over 18 million unique traders, surpassing any other blockchain in this metric. While Ethereum leads in total trading volume, … Read more
Bitwise CIO Matt Hougan has predicted that spot ether-based exchange-traded products (ETPs) will have a favorable performance in financial markets when finally trading. Hougan estimates that these products will have net flows of $15 billion during their first 18 months of trading, taking into account the size of the ether ETP market in other regions … Read more
State Street Global Advisors has partnered with Galaxy Asset Management to provide advanced digital asset-based strategies, expanding investor access to the digital asset ecosystem beyond cryptocurrencies and bitcoin. “We believe we are in a strong position to make digital assets more accessible to the broader investment community through the creation of new ETFs offering exposure … Read more
Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer highlighted the lack of clear guidelines from the SEC and the FDIC’s pressure on financial institutions. The crypto exchange’s Freedom of Information Act … Read more
A triangular arbitrageur spots market irregularities and carries out concurrent trades across three asset pairs while skillfully controlling risk. Go to Source
Santander, the multinational banking giant, has recently announced that it will start offering cryptocurrency trading services in Brazil. The bank will roll out this functionality to selected customers of Toro, its investment unit, this week and will gradually extend it to more users in the future. With this move, Santander joins Nubank and Itau Unibanco, … Read more
The publicly-audited company aims to launch a namesake cryptocurrency backed by its portfolio of real-estate assets and equity stakes. Go to Source
Criminals are using deep fakes more than ever, causing $79.1 billion in losses since 2022. Go to Source
Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider license from Dubai’s regulator. This change will allow UAE users to access various virtual asset services locally, including AED bank deposits and withdrawals. Binance’s Local Exchange in UAE Now Licensed Crypto exchange Binance announced on … Read more