Crypto

Stacks (STX) price has surged 16% in the last 24 hours, hitting levels last seen in March. The Bitcoin layer for smart contracts saw a huge spike in inscriptions, with a single block recording over 10k transactions. Stacks (STX), a smart contracts enabled layer 2 network looking to unlock the Bitcoin economy, has surged by […]

Our weekly roundup of news from East Asia curates the industry’s most important developments. South Korean Web3 firm raises $140 million  South Korean nonfungible token developer Line Next secured a $140 million investment on Dec. 13 from a consortium led by Peter-Thiel-backed private equity firm Crescendo Equity Partners. It’s the largest blockchain series funding round

The S&P 500 Index (SPX) rose 2.49% last week, extending its string of weekly gains to seven weeks, the longest such winning streak since 2017. However, Bitcoin (BTC) could not maintain its momentum and succumbed to profit-booking by the bulls. Trading resource Material Indicators said in a X (formerly Twitter) post that “ year-end profit

Publicly traded Bitcoin (BTC) mining firm Cipher Mining (CIFR) is scaling operations with a new mega-purchase of cryptocurrency mining devices. Cipher will buy 37,396 units of Antminer T21 miners from the Chinese crypto mining giant Bitmain under a new agreement, the firm announced on Dec. 18. The new mining equipment to be bought is expected

London, United Kingdom, December 18th, 2023, Chainwire StrikeX proudly announces the successful launch of Swaps V2, a ground-breaking update that streamlines the crypto-crypto swaps process. This release introduces a new level of functionality, security, and user-friendly design, signifying a significant step forward in StrikeX Wallet’s journey to establish itself as a market leader. Swaps V2

Bitcoin’s (BTC) rally has been taking a breather for the past few days but its strong rally in 2023 has not gone unnoticed. A survey of United States financial services companies by crypto firm Paxos showed that 99% of the firms were putting as much or more focus on crypto projects this year as compared

Network transaction fees across all blockchains have spiked over the weekend as the Ordinals inscriptions craze continues to push demand for blockspace — and not just on the Bitcoin network. Inscriptions on Ethereum Virtual Machine (EVM) chains skyrocketed over the weekend, causing a spike in gas fees. On Dec. 16, gas spent on inscriptions surged

Top Stories This Week BlackRock revises spot Bitcoin ETF to enable easier access for banks BlackRock has revised its spot Bitcoin exchange-traded fund (ETF) application to make it easier for Wall Street banks to participate by creating new shares in the fund with cash rather than just crypto. The new in-kind redemption “prepay” model will

Namada’s “Shielded Expedition” testnet offers 3% token rewards in a multiplayer game. Participants compete in an “Asteroid Mining Competition,” accumulating ROID points. 30 million NAM tokens (3% of supply) up for grabs, driving engagement and network testing. Namada, the proof-of-stake Layer 1 blockchain protocol developed by the Anoma Foundation, has kicked off its “Namada Shielded

Solana (SOL) gained as Kamino hinted at airdrop following the launch of the JTO token.  Cardano (ADA) surged by 31.7% after Binance added new pairs.  Rebel Satoshi (RBLZ) leads the top ICO list with the potential of 150% gain.  Solana (SOL) protocol Kamino is eyeing airdrop after Jito’s token goes live. Meanwhile, Cardano (ADA) is