Pi Network Lowers Its Mining Rate: What It Means for Miners
In a strategic move to manage the supply and demand of its cryptocurrency, Pi Network has announced a reduction in its base mining rate. As of January 2025, the mining rate has decreased by 5.71%, changing from 0.0050594 Pi per hour to 0.0047706 Pi per…
Ethena Labs launches Ambitious 2025 Roadmap with Telegram Payments App
Ethena Labs revealed its ambitious roadmap for the year on January 3, showcasing a series of strategic initiatives aimed at expanding its synthetic dollar products and enhancing user accessibility. Among the most notable announcements was the…
Solana’s Stablecoin TVL Reaches $5 Billion in 2024, Reflecting Increased Confidence and Usage
Solana’s stablecoin total value locked (TVL) reached an impressive $5 billion in 2024. This significant growth underscores the increasing confidence and usage of stablecoins within the Solana ecosystem. Stablecoins, which are cryptocurrencies…
NYDIG to Approach Bitcoin-Backed Loans to Unlocking Capital with Float Financing
The New York Digital Investment Group (NYDIG), a subsidiary of Stone Ridge, is set to harness the power of insurance float to back Bitcoin loans. This innovative strategy is expected to offer liquidity to Bitcoin holders. It allows them to…
Crypto Roundup 2024: Milestones and Achievements in the DeFi Industry
This year was a wild rollercoaster for the crypto industry, marked by significant milestones and achievements, particularly in the decentralized finance (DeFi) sector. Here are some of the key highlights: Bitcoin Halving and the Record Highs Bitcoin…
Bless Network: Revolutionizing Decentralized Computing
In the evolving landscape of decentralized applications, Bless emerges as a newest groundbreaking DePIN innovation. It is the world’s first shared computer, known to harnessing the computational power of everyday devices. This enables users to…
Volatility Shares to file for Solana Futures ETF
Volatility Shares has filed an application for three new ETFs that would invest in Solana futures contracts on CFTC-regulated exchanges. These ETFs would offer 1x, 2x, and -1x leverage options. Solana futures products are not yet available on the market.…
Pi Network Expands Ecosystem with 20 New Apps
Pi Network, a controversial cryptocurrency, just recently added 20 new decentralized applications (dapps) to its ecosystem. This expansion is part of Pi Network’s ongoing mission. It aims to empower its users, known as Pioneers. The goal is to…
Bitwise Files for Crypto Treasury ETF
In a significant move for the cryptocurrency market, Bitwise Asset Management has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF). This ETF, named the Bitcoin Standard Corporations ETF,…
Top 5 Memecoins of 2024: A Year in Review
The year 2024 has been a wild ride for memecoins, with several projects capturing the attention of the crypto community and beyond. Here’s a roundup of the top five memecoins that made waves this year: 1. AI16Z AI16Z, short for “Artificial…
