Category: crypto

Memecoins dominated crypto narratives in 2024, representing a 4x growth compared to the previous year. The rise of memecoins expanded into new territories, with a focus on cultural virality over traditional fundamentals. Memecoins outperformed AI tokens this year, but real-world assets and decentralized physical infrastructure networks also gained traction. Solana and Base-related narratives, including memecoins,…

Telegram became profitable in 2024, generating over $1 billion in revenue for the first time, with a nearly 3x increase from the previous year. The platform credited its growth to diverse monetization initiatives, including a premium subscription service and aggressive advertising strategy. Despite financial success, Telegram faces continued regulatory scrutiny for illicit activities on its…

Kaspersky warns of a new crypto scam involving seed phrases, where scammers manipulate inexperienced users on social media to access wallets with fake seed phrases. Victims are lured by the promise of easy profits but end up losing money to gas fees and multi-signature wallet configurations. Crypto scams have resulted in over $2 billion in…

The US crypto industry is hopeful for pro-crypto executive orders from President-elect Donald Trump on his first day in office. Trump’s promises to support crypto have sparked excitement, with nominations of pro-crypto officials. The industry hopes for a Bitcoin reserve, easier access to banking services, and a coordinated council for growth and regulation.

Nokia has applied for a patent to encrypt digital assets, aiming to expand beyond telecommunications. The technology uses a key to secure data and assign assets an index for network functionality. Nokia plans to develop network architectures for blockchain, AI, and IoT, expecting demand to grow by 2030. The company showcased 5G-powered digital factory twins…

Satonomy has launched a beta platform to simplify the management of Bitcoin-native assets like UTXOs, Ordinals, and Runes. The platform aims to address barriers to adoption by providing an intuitive interface for users to consolidate, optimize, and manage their Bitcoin holdings. Strategic partnerships with industry leaders reinforce Satonomy’s position in the Bitcoin ecosystem.

The Wall Street Journal has expressed concerns about the threat quantum computing poses to Bitcoin’s security and the blockchain industry. A potential quantum hack could lead to losses exceeding $3 trillion and impact both crypto and traditional financial markets. Despite the threat, experts believe there is time to develop quantum-resistant cryptography.

: Crypto investment products experienced $308 million in net inflows last week, marking the eleventh consecutive week of positive movement, according to CoinShares’ latest weekly report. Despite a significant single-day withdrawal of $576 million, Bitcoin and Ethereum continued to dominate investor interest, while some altcoins like XRP and Polkadot saw inflows.

Wilder World, a highly anticipated game, has released its gameplay trailer showcasing stunning visuals and immersive gameplay. The game offers high-speed racing, FPS combat, social interactions, and more. It is set to launch in Q1 2025 and empowers players with economic control through NFTs and the $WILD token. Supported by industry leaders like Samsung, NVIDIA,…

Metaplanet, a Japanese Bitcoin-focused firm, has increased its crypto portfolio by acquiring 619.70 BTC for $60.7 million. This brings its total Bitcoin holdings to 1,761.98 BTC valued at $169.2 million. Despite a 0.93% stock dip, the company’s Bitcoin strategy has delivered significant returns, with projected revenue and profit increases for 2024. Additionally, investors have until…