In a bizarre twist of events, Mark Longo, known in the online sphere as “Squirrel Dad,” has initiated legal proceedings against the prominent cryptocurrency exchange, Binance. His grievance stems from what he perceives as the unauthorized appropriation of his intellectual property—specifically, trademarks and images linked to his beloved mascot, Peanut the Squirrel. This case sheds
Crypto
In a significant milestone for the cryptocurrency market, Bitcoin has achieved an unprecedented high of $106.5K. This marks a pivotal point in Bitcoin’s 16-year history, especially considering its staggering growth of nearly 200% this year alone. Such a dramatic price increase often invites scrutiny into the underlying factors contributing to this bullish trajectory, and this
As the year draws to a close, it becomes increasingly clear that the cryptocurrency sector is on the cusp of transformative change. Following a robust growth period in 2023, particularly in the wake of the United States presidential election, projections for 2025 suggest an even more promising landscape. With technological advancements and regulatory clarity on
EigenLayer, a pioneer in re-staking protocols on Ethereum, has recently introduced its second EigenLayer Improvement Proposal (ELIP-002), marking a significant milestone in enhancing the accountability and operational efficiency within its ecosystem. This proposal reflects the ongoing evolution of decentralized finance (DeFi) and aims to fundamentally improve the interaction between Application Verification Services (AVSs) and network
The Ronin blockchain, developed by Sky Mavis, has marked a notable milestone in Q3 2024, demonstrating an impressive 149% increase in Total Value Locked (TVL) in decentralized finance (DeFi), climbing to $147 million. This surge can largely be attributed to a combination of factors, including a significant rise in the price of the RON token
Recently, Nano Labs, a fabless integrated circuit design company based in China, made headlines with the completion of a $36.25 million private placement. This significant financial maneuver not only underscores the company’s proactive approach toward funding but also reflects its willingness to embrace innovative payment methods. The private placement involved the issuance of 5,611,459 Class
As the year 2024 comes to a close, Robinhood’s cryptocurrency division stands at a pivotal juncture, reflecting on both remarkable achievements and significant hurdles. The financial services giant, well-known for democratizing trading, has published its comprehensive end-of-year report, illuminating the progress and evolution it has experienced over the past 11 months. Notably, Robinhood Crypto is
Bitcoin, the leading cryptocurrency, is at a pivotal juncture, with its price hovering ominously close to the much-anticipated $100,000 threshold. Market sentiment is rife with speculation that the digital asset is gearing up for a substantial breakout, possibly triggering a rally that could elevate it to unprecedented heights. After a notable rebound from its low
The cryptocurrency landscape is known for its volatility, often swayed by influential figures within the sector. A striking recent example is the dramatic rise of the AVA token, linked to Travala, a travel platform that integrates blockchain technology. This surge, a staggering increase of over 300% within a mere 24 hours, was largely propelled by
The landscape of blockchain development is experiencing a seismic shift, as highlighted by Electric Capital’s 2024 Developer Report. For the first time since 2016, Solana has surpassed Ethereum in attracting new developers, a significant transformation reflecting Solana’s burgeoning appeal. With 7,625 new developers joining the platform in the past year alone, the network has demonstrated