Meta's stablecoin project, Diem (originally launched as Libra in 2019), aimed to revolutionize global payments by creating a decentralized payment network backed by stablecoin reserves. Its promise of seamless, scalable international payments attracted partnerships from major players like Visa...
Ethereum's Ether (ETH) is the second-largest cryptocurrency by market capitalization and has long been a cornerstone of the blockchain ecosystem. It follows closely behind Bitcoin in terms of market performance, often reflecting similar patterns of gains and losses. As...
The crypto market in Eastern Europe is currently ranked as the fourth-largest cryptocurrency market worldwide; it now accounts for over 11% of the total crypto value transacted across the globe. Between July 2023 and June 2024, the region received...
It is a widely known fact now that tokenization—converting physical assets into digital tokens on a blockchain—is the next revolutionary frontier for financial markets. This technology could enhance market liquidity, reduce transaction costs, and make investing more accessible to...
This week in crypto highlights major industry moves, including bold blockchain expansions, market updates, and regulatory milestones. From DTR’s global ambitions to Binance's stablecoin push, here’s what shaped the week. Biggest Story 1. Akshay Naheta's DTR Eyes Big Expansion...
Coinbase’s Layer 2 solution, Base, has established itself as one of the fastest-growing among its peers. In just 226 days after its debut, it achieved the remarkable milestone of reaching $1 billion in total value locked (TVL). In 2024,...
A recent report titled “State of 2024 NFT Drops” reviewed 29,079 new NFT collections launched between January and August 2024. The findings were stark: nearly 98% of these NFTs are now considered "dead," meaning they’ve seen little or no...
Morocco made headlines when it announced a total ban on cryptocurrency use in 2017. Authorities in the African country cited concerns over risks like money laundering, terrorism financing, and the lack of consumer protections and regulatory oversight. At the...
In 2022, India introduced strict crypto tax rules that many thought would kill the country's growing interest in digital currencies. The government added a 30% tax on all crypto profits and a 1% tax deducted at source (TDS) on...
This week in crypto delivers a mix of fiery confrontations, bold expansions, and trailblazing innovation. From Coinbase CEO Brian Armstrong’s clash with law firms over ethics to Ripple’s resurgence amid SEC battles and a surge of Bitcoin adoption in...
