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A 5-year partnership agreement aims to develop diverse technology solutions like AI, Blockchain... for companies based in Saudi Arabia. Hedera signs $250 million deal with Saudi Arabia On the evening of 06/02/2024, Hashgraph Association - an independent nonprofit organization focused on advancing the adoption and utilization of the
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There are 27 projects unlocking tokens in the second month of 2024, with a total value exceeding $870 million USD. Notable Token Unlock Events in February 2024. Photo: eHow According to Token Unlocks data, the cryptocurrency industry will witness over $870 million USD worth of tokens being released into the
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The Layer-2 network Arbitrum One is demonstrating strong growth, becoming the first L2 project to surpass $10 billion in Total Value Locked (TVL). The price of ARB also recently hit an all-time high (ATH) of $1.94 after a steady climb over nearly a month. Arbitrum Leads the Wave of
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The Federal Reserve (Fed) has decided to keep its benchmark interest rates unchanged in its fourth consecutive policy meeting, aligning with market expectations. Fed Maintains Interest Rates, Bitcoin Prices Plunge Again Early morning on February 1st (Vietnam time), the Federal Open Market Committee (FOMC), responsible for setting Fed's
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Global X has withdrawn its application for a Bitcoin spot ETF, following a submission to the U.S. Securities and Exchange Commission (SEC) on January 30. Global X withdraws from Bitcoin spot ETF race. Photo: U Today Global X filed for a Bitcoin spot ETF back in August last year.
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The Dencun upgrade has been deployed on 2 out of 3 test networks, gearing up for its impending mainnet release. Ethereum has successfully implemented the Dencun upgrade on the Sepolia testnet early on January 31 at 5:21 AM. This marks the second successful testnet deployment following Goerli on January
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On the evening of January 31, the Twitter community reported that Ripple had been hacked, resulting in an estimated loss of $112.5 million. Ripple (XRP) Hacked for $112.5 Million Update: Ripple co-founder Chris Larsen subsequently acknowledged that "a few" personal accounts were compromised by malicious actors,
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The latest financial report from Tether indicates it was one of the most profitable companies in the cryptocurrency sector in 2023. Tether Achieves $6.2 Billion Profit in 2023. Image: Financial Times On the evening of January 31, 2024, Tether (USDT), the stablecoin issuer, released its financial report for Q4
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The deployment of USDC will help Celo, a layer-1 network currently transitioning to layer-2, accelerate its journey to becoming a blockchain hub for Real World Assets (RWA). Celo integrates Circle's stablecoin, proposes using USDC as gas fees Circle, the issuer of stablecoins like USDC and EURC, has announced
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The number of active wallets on Solana has hit a new record following the DEX Jupiter's announcement of the WEN memecoin airdrop on January 26. Solana sets new record with "airdrop frenzy" of WEN. Photo: WEN Solana (SOL), one of the best-performing altcoins in 2023, continues
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Despite the bug being deemed minor, Stellar has proposed delaying its upgrade following feedback from the developer community. Stellar (XLM) delays smart contract upgrade due to bug discovery. Photo: Coinkolik According to last week's announcement, the Stellar Development Foundation (SDF)—the organization behind the Stellar blockchain—identified a
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Ava Labs has just announced the development of a scalable solution named Vryx, designed to significantly enhance the transaction processing speed of the Avalanche blockchain to up to 100,000 transactions per second (TPS). Ava Labs develops Vryx scaling solution to help Avalanche achieve 100,000 TPS In their latest