PancakeSwap closes record $310B year, up 179% driven by L2, DeFi growth
PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
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Altcoin Platform Coinexchange.io Closes for Financial Reasons
Altcoin trading platform Coinexchange.io has announced that it is shutting down due to financial difficulties.In a statement on Oct. 1, the platform noted that the closure was purely a business decision and is not connected to any security breach or other incident.No longer economically viableCoinexchange.io is currently seeing daily traded volumes of roughly $700,000, according to…

New spot Bitcoin ETF launched at Euronext Amsterdam Exchange
The Jacobi Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN in July. 404 Total views 20 Total shares Major Dutch stock exchange Euronext Amsterdam, a part of the pan-European marketplace Euronext, is debuting its first Bitcoin (BTC) exchange-traded fund (ETF).Jacobi Asset Management, a London-based digital asset management platform, is…

Ordinals good or bad for Bitcoin? Supporters and opposers raise voices
Bitcoin Ordinals, a technology that enables adding text, images and code on a satoshi — the smallest unit of Bitcoin (BTC) — continues to inspire debate among the Bitcoin community.Soon after the introduction of Bitcoin Ordinals in January 2023, the technology’s opponents began to raise concerns over its perceived flaws, citing issues like rising transaction…

Existential threat? Why some banks are anxious about CBDCs
In the current climate, which is pretty hostile for the digital assets industry following the failures of 2022, central bank digital currencies (CBDCs) are often perceived as “crypto killers.”This is hardly an overstatement, as financial authorities’ aspirations concerning CBDCs are relatively straightforward: return firmer control over the movement of money before it gets too decentralized.Governments…

North Korea Launched Cryptocurrency Attacks in Response to Sanctions, Says FBI
United States sanctions incentivized North Korea to launch cyberattacks involving cryptocurrency, a senior FBI official told a conference. The comments were quoted by South Korean English-language news outlet Korea Herald on May 30.Speaking at an event organized by U.S. thinktank The Aspen Institute, Tonya Ugoretz, deputy assistant director of the FBI’s cyber division, said financial…

Universal Music Group tells streaming services to block AI-generated music
Amid the current influx of AI-generated content, Universal Music Group told music streaming platforms like Spotify and Apple Music to block AI-generated music. 1016 Total views 3 Total shares Own this piece of history Collect this article as an NFTContent generated by artificial intelligence (AI) has been on the rise following the release of OpenAI’s latest version…

Why is BNB price down today?
BNB price is at risk of further losses as multiple metrics point to Binance losing its market share in the crypto sector.

California governor calls for statewide generative AI training
In a recent report, California Governor Gavin Newsom emphasized the significance of preparing for the next generation of skills essential to thrive in the GenAI economy. 221 Total views 5 Total shares California Governor Gavin Newsom has stressed the importance of people staying ahead of the curve in generative artificial intelligence (GenAI) by acquiring new