Decentralized derivatives trading platform Hyperliquid is making waves this week as HYPE soars to a new all-time high. Following its recent airdrop, HYPE has entered the top 30 cryptocurrencies, but what’s next for its price? Let’s take a look. This article dives into Hyperliquid’s seismic genesis event on November 29, which saw market excitement erupt…
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Saga Launches Mainnet 2.0, Partners with Uniswap
Layer-1 blockchain protocol Saga announced the launch of its Mainnet 2.0, as well as a new collaboration with the major decentralized exchange (DEX) Uniswap. Mainnet 2.0 aims to transform blockchain economics and the way the blockchain industry approaches liquidity, the team said in a press release shared with Cryptonews. This step moves the team closer…
Tether Backs Euro Stablecoin Startup StablR in Its European Expansion Bid
Tether, the company behind the world’s largest stablecoin USDT, has announced its investment in StablR, a European startup specializing in euro-denominated stablecoins. According to Tether’s press release from Dec. 17, by backing StablR, the company aims to increase the adoption of stablecoins in the European economy and expand its reach across the continent. The amount…
Controversial Crypto Documentaries To Watch This Holiday Season
Unsurprisingly, families and friends are discussing Bitcoin (BTC) and cryptocurrency this holiday season. Documentaries focused on digital assets are gaining traction as a result. Crypto documentaries allow individuals to learn more about the ever-evolving blockchain ecosystem. Movies about cryptocurrency also demonstrate how digital assets extend beyond price action. Watching these documentaries provides viewers with unique…
Rare Chart Pattern on Cardano – Could This Signal a Massive ‘Santa Claus Rally’?
While the Cardano price seems more bullish today, boasting a 3.68% gain, this momentum seemingly lacks the conviction seen earlier this month, bringing bullish projections to a halt. This has translated to heightened volatility on the weekly. In a step back from the significant ground covered in the early week, the top-ranking altcoin now trades…
Trump-Linked Wallet Buys Ethena as $ENA Gains Traction – Is Wall Street Pepe Next?
The $ENA utility token underpinning crypto-native synthetic dollar protocol Ethena has risen 13% in the last seven days, outperforming market leaders Bitcoin ($BTC) and Ethereum ($ETH) over the same period. These gains are largely thought to be the result of a $12 million altcoin shopping spree by Donald Trump’s crypto project World Liberty Financial over…
Graphite Network Launches L1 Blockchain with Entry Node Rewards
Graphite Network has launched its proprietary layer-1 (L1) blockchain, introducing an alternative designed to handle high transaction volumes with faster speeds and lower costs. The moment has arrived! The Graphite Network Mainnet is officially live. The first reputation-based blockchain that enables income generation through entry-point nodes. https://t.co/GFjQLu7dP9 Join a platform where reputation meets innovation. Reputation-based……
Traditional Gaming Pros Overtake Blockchain Experts in Web3 Game Companies: BGA Report 2024
Traditional gaming professionals now hold a larger share of roles in Web3 game companies, surpassing blockchain and cryptocurrency specialists. According to the Blockchain Game Alliance’s (BGA) 2024 State of the Industry report, 52.5% of industry professionals have a background in traditional gaming—the highest figure since the survey’s inception in 2021. Blockchain Experts Account for 10%…
Hong Kong Pledges Crypto Asset Reporting Framework by 2026 to Combat Tax Evasion
Hong Kong has announced its commitment to implementing the Crypto-Asset Reporting Framework (CARF), an initiative to enhance international tax transparency and combat cross-border tax evasion. This announcement, made at the OECD Global Forum on Transparency and Effective Exchange of Information in Tax Matters, aligns with the global effort to address the crypto-asset market’s challenges. The…
This Little-Known DOJ Rule Often Leaves Crypto Fraud Victims Empty-Handed: Bloomberg Law
An obscure Department of Justice (DOJ) regulation is nullifying efforts by cryptocurrency fraud victims to recover their stolen funds. Regulation 28 CFR 9.8(c) allows the government to prioritize its claim on forfeited assets over victim restitution, often leaving defrauded investors with little or nothing, according to a recent report from Bloomberg Law. The regulation, which…