The Open Network (TON), a layer-1 blockchain intricately linked to the popular social messaging platform Telegram, has recently achieved a remarkable milestone: surpassing 100 million unique wallet addresses containing non-zero balances. This significant achievement highlights an impressive 95% increase in active users since the year’s beginning, when the figure stood at only 4.3 million. This
Crypto
In a notable move aimed at streamlining its operations, Binance has announced a significant consolidation of its offering by converting specific holdings of delisted cryptocurrencies into USDC (a stablecoin tied to the US dollar) by April 28, 2025. This measure comes alongside the removal of the Turkish language option from the platform, a decision that
The landscape of cryptocurrency trading remains fraught with volatility, and Bitcoin’s recent performance illustrates the challenges it faces. Currently, Bitcoin has not been able to recapture its position above the critical 200-day moving average—a benchmark that many investors watch closely. Failure to recapture this support could imply an impending drop in price, with some analysts
In the ever-evolving landscape of digital assets, the recent week has showcased a blend of challenges and opportunities for investors. Reports indicate a slight net outflow of $147 million from digital asset investment products, largely attributed to unexpected positive economic indicators. These developments have tempered market expectations for significant interest rate cuts, impacting decision-making among
In the rapidly evolving world of cryptocurrency, the allure of celebrity endorsements has proven to be a double-edged sword. Recently, rapper Cardi B, whose real name is Belcalis Marlenis Almanzar, found herself at the center of a controversy surrounding a new meme coin called $WAP, prompting both excitement and skepticism within the crypto community. This
In a groundbreaking shift within the sports sponsorship sector, Premier League (PL) clubs are stepping into the cryptocurrency arena, having secured an astonishing $170 million in sponsorship agreements with crypto firms for the upcoming 2024/25 season. This strategic pivot comes at a time when these clubs are grappling with increasingly stringent regulations concerning gambling advertisements,
On October 7, a shocking turn of events unfolded in the cryptocurrency market as Bitget’s BGB token experienced a staggering 50% drop in value. The token plummeted from $1.14 to a low of $0.64 before managing a swift recovery. Such drastic fluctuations can send shockwaves through investor confidence and raise questions about the underlying stability
Metaplanet, a notable player in the Tokyo stock market, continues to bolster its cryptocurrency investments by acquiring an additional 108.786 Bitcoin for approximately 1 billion yen, equivalent to around $6.7 million. This represents a bold reaffirmation of the company’s bullish outlook on Bitcoin, a sentiment that has characterized its operations in recent months. With this
Shiba Inu (SHIB) has recently showcased a curious blend of volatility and potential, particularly observed through its price movements in October. After experiencing a significant decline at the start of the month—a time when many cryptocurrency enthusiasts were anticipating a positive trend—SHIB has rebounded with a notable 4% increase. This rise comes amid a broader
On October 2, Taiwan’s Financial Supervisory Commission (FSC) took a noteworthy step towards fortifying its approach to combating financial crime by unveiling updated Anti-Money Laundering (AML) regulations. Set to take effect on January 1, 2025, these guidelines are specifically designed to impose stricter oversight over local virtual asset service providers (VASPs). With these developments, the