Solana DApp revenue reaches $365M in November 2024, led by memecoins
Despite the controversy faced by the platform, Pump.fun earned $106 million in DApp revenue in November.
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Singapore central bank reports on tokenized asset network models after trials
Three trial use cases have been completed as part of the project, and the report uses them as a “framework for consideration” of financial market infrastructure. As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate tokenized asset trading. The key to…
TD Bank: 90% of Finance Professionals Think Blockchain Will Have a Positive Impact
A TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry, according to a press release published on Feb. 6.The survey, conducted by top ten United States-based bank TD — a subsidiary of the Canadian multinational Toronto-Dominion Bank —…
$1.2B Bitcoin Futures and Options Contracts Just Expired — What’s Next?
A total of 106,000 Bitcoin (BTC) futures contracts and options expired today, and this has investors curious about how BTC price may respond, leading into and after the expiry. Bears were not expecting the most recent run to $11,000, especially after two months of sideways trading activity.The 52% increase in Bitcoin futures’ aggregate open interest increase…
Bitcoin hash rates threaten blockchain decentralization
Blockchain technology was introduced in 2008 as a decentralized, secure, transparent system for managing digital transactions. Its primary aim was to provide a solution to major problems with traditional transactional systems, including trust, security, decentralization and efficiency. Blockchain has since expanded beyond finance and has been used in supply chain management, healthcare, games, digital media…
‘We want to be the brand of the metaverse,’ says RTKFT’s Chris Le
A decade ago, Nike took a proverbial leap into the future of sneakers with their launch of Nike Mag — a fictional concept shoe inspired by the movie Back to the Future Part II.The 1,500 limited edition was so revered for its idiosyncratic self-lacing design, that it wrote itself into sneaker folklore as one of…
Band Protocol CEO says that a single Chainlink data request costs $450
Band Protocol is about to give Chainlink a run for its money on Ethereum. Band is one of Chianlink’s main competitors in the oracle space that is based on Cosmos technology. In a recent Cointelegraph interview, Soravis Srinawakoon, the CEO of Band Protocol, said:“If you look at Chainlink, one data request right now can take…
Blockchain and Crypto in the Labor Market: Overview of Salaries, Taxes and the Most In-Demand Jobs
Over the past months, the cryptocurrency market has been demonstrating bearish sentiment, with crypto prices falling to a yearly lows. This is making some blockchain companies rethink their business models and cut employees.However, the slump didn’t prevent the blockchain industry from experiencing a human resources boom, as evidenced by an active growth of vacancies associated…
Bitcoin clings to $20K as whale pressure keeps resistance in control
Traders look for volatility triggers as BTC price action continues within an all-too-familiar trading range. 331 Total views 10 Total shares