ETH held in accumulation wallets jumps 65% since the start of 2024

Blockchain projects with a focus on DeFi, NFTs, gaming and others will be eligible to receive up to $100,000 in funding. 332 Total views 16 Total shares Switzerland-based technology company Velas has allocated $100 million to startups building on top of the Velas blockchain, marking a sizable increase from its initial pledge of $5 million…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Stockholm-based crypto brokerage Safello saw its IPO oversubscribed by nearly $60 million, or 1,240% from the planned $5 million. 3387 Total views 16 Total shares Safello, a Stockholm-based cryptocurrency brokerage, is seeing massive demand from investors for its upcoming initial public offering on the Nasdaq First North Growth Market.The company said Wednesday that its planned…

What comes to mind when you think of Gucci? Designer handbags, fashion jewelry, elegant Swiss watches? What about payment integration with an ERC-20 governance and utility token that wants to power Web3? Rolls off the tongue, doesn’t it? The iconic Italian fashion brand announced this week it would expand its payment options to include the…

The controversial crypto project’s launch has been marred into controversy, and it’s already facing investigations in nearly half a dozen countries. 295 Total views 7 Total shares The Worldcoin cryptocurrency project has run into another roadblock — this time in Kenya, where the government has formed a 15-member parliamentary committee to investigate the controversial asset.The Kenyan government…

The objections raised by the US trustee and the creditor group are likely to play a significant role in the court’s deliberations.

The chairman of the United States Commodity Futures Trading Commission (CFTC) believes Ether (ETH) is a commodity — and that ETH futures trading is becoming a reality.Heath Tarbert, who overtook J. Christopher Giancarlo in July, revealed his stance toward cryptocurrencies and forked coins at the All Markets Summit on Oct. 10, Yahoo Finance reports.First CFTC guidance on EtherWhile the CFTC…

The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history. 

The stablecoin market, in general, is going through hard times, though the algorithmic coins suffered the most. 400 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe notorious failure of the Terra USD (UST) stablecoin affected the crypto market, but the algorithmic stablecoins took the harshest punch. Since…