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Solana Price Prediction as TVL Crosses $1.8B for First Time Since 2022 – What’s Next for SOL?
9.2.2024
The total value locked (TVL) on the Solana network has crossed $1.8 billion for the first time since 2022, according to data on DeFiLlama. Activity on Solana has been steadily rising since the end of last year, but the blockchain is still way off its all-time high (ATH) of $10.03 billion TVL,...
Polygon announces Type-1 upgrade to the zkEVM prover
9.2.2024
Polygon Labs, in partnership with Toposware, has revolutionized technology by introducing a Type 1 Prover that utilizes the zkEVM polygon. Such phenomenal advancements in blockchain technology enable any EVM chain to transition into a ZK L2 network and is integrated into the entire Polygon...
Deloitte’s NFT tool adaptable with the Astar zkEVM blockchain
9.2.2024
Deloitte Tohmatsu Group’s NFT development tool is compatible with the Astar zkEVM blockchain, which is administered by Stake Technologies Pte. Ltd (Astar Network) and Startale Labs Pte. Ltd (Startale Labs). Astar zkEVM uses Ethereum’s Layer 2 technology with zero-knowledge proof...
Kenya Advances Toward Digital Asset Hub Ambition With Virtual Assets Bill – Kenya Blockchain Association
9.2.2024
The Blockchain Association of Kenya (BAK) is reportedly on the verge of launching a community-led draft bill, a significant stride towards its objective of transforming Kenya into a hub for digital assets. BAK has expressed its intention to integrate feedback from stakeholders into a revised draft....
AI Tokens are Back in the Limelight – Meme Coin Investors Scoop Up Scotty the AI Before the Presale Ends
9.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scotty the AI ($SCOTTY) is a new meme coin that has both utility and purpose integrated into its framework. In a market characterized by hype and speculation, $SCOTTY stands out with advanced...
Solana (SOL) Transaction Volume Hits 1-Year High as Memecoin Activity Booms
9.2.2024
  Solana (SOL), a high-performance blockchain platform, has reached a significant milestone with its transaction volume surging to a one-year high. Memecoin activity has been one of the driving factors behind this surge, but can any of the Solana memecoins keep up with Meme Mogul’s token...
Analyst on X predicts new Solana rival priced at $0.11 will hit $19 by 2024, what’s cooking?
9.2.2024
  The world of cryptocurrencies is constantly evolving, and new projects often emerge with ambitious goals and innovative solutions. One such project that has been gaining attention in recent times is Retik Finance (RETIK), which is being hailed as a potential rival to the popular blockchain...
Hashgraph Association Partners With Saudi Government to Launch Deep Tech Venture Studio
9.2.2024
The Hashgraph Association, a nonprofit organization based in Switzerland, announced on Feb. 7 that it had partnered with Saudi Arabia’s Ministry of Investment to launch a deep tech venture studio. The venture studio’s objective is to assist both Saudi and foreign companies develop innovative...
Bitcoin Surges Past $45,000 as Miner Selling Pressure Eases: CryptoQuant
8.2.2024
Bitcoin has surged over 4% in the past 24 hours, edging closer to the $45,000 threshold for the first time since mid-January. At the time of reporting, Bitcoin was trading at approximately $44,800, marking a 4.6% increase within the day and a notable 6.3% surge over the past week. While the influx...
Crypto Enthusiasts and Investors Turn Their Attention to Rebel Satoshi Presale: What’s Driving the Interest?
8.2.2024
TLDR Rebel Satoshi ($RBLZ) is a brand-new memecoin project in the cryptocurrency space that is challenging paradigms and bringing a genuine financial decentralization philosophy to its vibrant community. The cornerstone of Rebel Satoshi‘s goal is $RBLZ, which rewards its Rebel community...
Is It Too Late to Buy Celestia? TIA Airdrop Keeps Rising as Green Crypto Goes Viral
8.2.2024
As Celestia (TIA) pumps to fresh record highs above $20 with ongoing demand for the token from airdrop farmers, some investors are asking if it’s too late to buy Celestia. At current levels above $20.30, TIA is up nearly 10x from its November 2023 lows around $2.20. Celestia, a recently...
On-Chain Domains Expand Usability of Web2 Platforms
8.2.2024
Just as the internet advanced with the evolution of the Domain Name System (DNS) – which turns domain names into IP addresses – the crypto sector is undergoing a similar transition with the implementation of on-chain domain names. What are On-chain Domains? Sandy Carter, COO and Head of Business...
Ukraine Set to Freeze Citizens’ Bank Accounts Who Sidestep War Draft – Can Crypto Help?
8.2.2024
On February 7, the Ukrainian parliament approved the first reading of a bill to enforce stricter regulations for mobilizing recruits into the military. It also proposed freezing bank accounts for those attempting to evade the country’s war draft. This dramatic move highlights the gravity...
Ethereum Developers Set March 13 as Target Date for Dencun Upgrade
8.2.2024
Ethereum developers have set a mainnet launch date for the Dencun upgrade, which will introduce several Ethereum Improvement Proposals (EIPs), including proto-danksharding, which is expected to drive down transaction costs on layer 2. During a bi-weekly coordinating call on Thursday, Ethereum...
Kraken Obtains VASP Registration From Dutch Central Bank
8.2.2024
Crypto exchange Kraken was granted a virtual asset service provider (VASP) registration from the Dutch Central Bank today. Kraken announced the acquisition of its fourth European VASP license, which will make its services available to customers in the Netherlands. Another milestone in our European...
Blockchain Advocacy Groups Slam EIA’s ‘Politically Motivated’ Inquiry Into US Crypto Mining
8.2.2024
After the U.S. Energy Information Administration (EIA) declared its intention to launch an urgent inquiry into the power consumption of cryptocurrency mining within the nation, two blockchain advocacy organizations have labeled the move as a “politically motivated” drive against...
US Prosecutors Call for Hearing Amid Potential Conflict of Interests in Alex Mashinsky and SBF Cases
8.2.2024
The US government raised concerns about potential conflicts of interest in the ongoing criminal cases of FTX and Celsius Network founders Sam Bankman-Fried and Alex Mashinsky on February 6. The area of concern surrounds the legal representatives handling both cases. In a court filing, the...
Layer-2 Blockchain Developer StarkWare Plans ‘Cairo’ to Verify Layer-3s
8.2.2024
Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet
CMC’s Strategic Incubation of Galaxis Unveiled: A New Era for Blockchain-Powered Communities
8.2.2024
PRESS RELEASE. Zurich, Switzerland, February 8th 2024, Chainwire. CoinMarketCap’s incubation thrusts Galaxis into the spotlight, merging unmatched crypto intelligence, broad market reach, and a massive global user base to prime Galaxis for an impactful launch. In an innovative leap forward...
Crypto Widget WordPress Plugin Flagged as “Critical” Cybersecurity Risk
8.2.2024
A crypto widget plugin for web content management system WordPress was named as a “critical cybersecurity risk” yesterday. A security bulletin released by the Cyber Security Agency of Singapore (CSA) noted that a plugin called “The Cryptocurrency Widgets – Price Ticker & Coins List”...