The upgrade from Jump Crypto could drastically boost transaction throughput, helping Solana support legacy financial markets. Solana is ratcheting up testing of Firedancer, the highly anticipated software upgrade that promises to vastly increase the blockchain's processing speed. By the end…
AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets. What to know: Crypto AI tokens like NEAR and Fetch.AI are failing to replicate their 2024 performance during Nvidia's annual conference. The sector is experiencing…
BIT Mining says that its Ethiopia operations create a positive feedback loop with its business in Ohio. What to know: BIT Mining acquired 51 megawatts and 18,000 bitcoin mining rigs in Ethiopia in early December. The electricity costs in Ethiopia…
The cryptocurrency market is preparing for significant upsides after weeks of bearish reversals, so smart investors should watch for growth coins. A number of leading analysts believe that Ripple (XRP), Rexas Finance (RXS), and Chainlink (LINK) could be must-haves. Here…
The crypto exchange joins a number of crypto payment providers enabling customers to pay with crypto. What to know: KuCoin has introduced a point-of-sale system that allows customers to pay merchants using crypto held in their accounts at the exchange.…
Stakers will secure the network and accrue rewards. What to know: HyperLiquid has opened native staking with 16 validators to choose from. Locked tokens can be staked, but accrued rewards remain locked. HYPE has pushed itself into the top 20…
The fake MOCA token on Solana exploited Animoca's links to Mocaverse and the Moca Network. What to know: The X account of Animoca Brands co-founder Yat Siu was compromised and used to promote a fictitious token. The fake MOCA token…
GEM will receive tokens in exchange, while Trrue looks to develop blockchain technology with a focus on sustainability and regulatory compliance. What to know: Layer-1 blockchain Trrue received a $10 million investment commitment from GEM Digital. GEM Digital will receive…
Sonic built its game SonicX natively inside TikTok, attempting to replicate the success of TON blockchain mini apps that were built inside Telegram. What to know: Solana-based gaming-focused layer-2 Sonic will airdrop its SONIC token to all users onboarded through…
The Series A funding round was led by Framework Ventures and included contributions from UXTO Management, Presto Labs and Kenetic Capital What to know: Avalon Labs, the issuer of the BTC-backed stablecoin USDa, has raised $10 million to grow its…