Ether.Fi, the leading liquid staking platform on EigenLayer, has struck a massive $500 million deal with Redstone Oracles. Under this arrangement, Ether.Fi will be responsible for powering Redstone’s oracle protocol. This partnership enables Redstone to access vital information both on and off the blockchain through Ether.Fi’s capabilities. Redstone Oracles represents a typical case of an … Read more
The non-profit organization, TON Foundation, which is backed by the Toncoin (TON) community, has recently announced a strategic alliance with HashKey Group. This collaboration aims to broaden the use of digital assets in the Asia-Pacific area as mentioned in the announcement. Through this partnership, HashKey Group and TON Foundation plan to investigate methods for fostering … Read more
The market for meme coins based on Bitcoin has seen a significant rise recently, with PUPS taking the front seat. Based on data from CoinGecko, the value of PUPS has soared by more than 60% in the last day due to excitement surrounding the upcoming launch of Runes protocol. This spike comes after an impressive … Read more
The recent move by Ripple‘s legal team in their ongoing dispute with the US Securities and Exchange Commission (SEC) compares the situation to the Govil case, offering fresh optimism for a positive resolution in this lengthy regulatory conflict. A dispute between these two parties emerged in December 2020 when the commission initiated a lawsuit against … Read more
Aelf, a trailblazing blockchain platform based in Singapore, is planning to revolutionize technology’s future by incorporating Artificial Intelligence (AI) functionalities into its network. The company recently disclosed this shift along with the introduction of a $50 million fund intended to foster AI-driven projects within their ecosystem. aelf’s Vision for a Smarter Blockchain With this innovative … Read more
ASIC, the Australian Securities and Investments Commission, has uncovered and shut down three companies within Australia that were operating illegally in the crypto mining sector. Based on information from a recent report released on Friday, regulatory bodies responded to allegations from investors that the businesses NGS Crypto Pty Ltd, NGS Digital Pty Ltd, and NGS … Read more
The Hong Kong Securities and Futures Commission (SFC) has given its green light to several Bitcoin and Ethereum exchange-traded funds (ETFs) from well-known fund managers such as China Asset Management, Bosera Capital, HashKey Capital Limited, and Harvest Global Investments. This approval is a major step forward for the growing crypto market in the region. Hong … Read more
The excitement within the cryptocurrency world is palpable as the upcoming Bitcoin halving event draws near. While most people are focusing on Bitcoin itself, XRP, the native token of Ripple, has suddenly become a topic of great interest. The token’s past price trends, recent legal decisions, and various forecasts from experts have sparked a sense … Read more
The price of Solana dropped and approached $110. Currently, the SOL price is attempting to recover losses that were incurred above $140, but it’s encountering obstacles around the $160 resistance level. SOL price gained bearish momentum and declined below $150 against the US Dollar. The price is now trading below $160 and the 100 simple … Read more
The Ethereum price dropped more than 10% and reached a low point around $2,550. However, it has since bounced back and surpassed the $3,000 mark. Now, Ethereum is encountering several challenges as it hovers around $3,200. Ethereum is attempting a recovery wave from the $2,550 support zone. The price is trading below $3,250 and the … Read more