The Indonesian government is keen to protect crypto investors from exploitative exchanges and ensure optimal tax collection. The high demand for digital assets and Web3 products in Indonesia has seen registered users surpass more than 18 million, compared to 12 million traditional stock traders. With the number of crypto users expected to grow exponentially in the coming years, the Indonesian government has been preparing to tap into the blockchain and the nascent industry to grow its...
Read More »Blast Secures $1.1B in Deposits Ahead of Launch
The native BLUR token has also seen positive price movements. 2024 is only a few days away and we already have many highly anticipated blockchain projects in the works. Even though it is the holidays, crypto lovers are still engaging with these projects and many of them seem very promising. Take Blast, a layer-2 blockchain that is being launched by the creators of Blur. The blockchain will not be fully live until February 2024 but has already reported an impressive $1.1 billion in...
Read More »The Saga Phone: Will Its Price Also Explode Like BONK While GFOX Presale Heads for $2 Million
Crypto has shocked the world yet again, and as open interest heats up, it is clear that risk-on market participants will be active in the coming two years. Speculative appetite is up, and following the Bitcoin ($BTC) Spot ETF anticipation, dramatic industry repricing is somewhat expected. Elsewhere, it seems that anybody who bought a Solana ($SOL) Saga seems to be in for a nice surprise. The reason behind is that each phone came with a certain number of BONK, which is...
Read More »Vitalik Buterin Seeks to Simplify Ethereum’s Proof-of-Stake Model for Greater Efficiency, Proposes Three Changes
Buterin emphasized that these proposals provide credible ways to limit the number of signatures without compromising security or showing favoritism. Ethereum wants to make its proof-of-stake model simpler for better efficiency. Right now, validating transactions on the Ethereum blockchain is done by a large number of validator nodes, around 895,000 of them, and they generate about 28,000 signatures in each time slot. This huge number of signatures puts a strain on the network and makes it...
Read More »Bitcoin Miner Marathon Digital (MARA) Stock Tops US Trading Charts
Marathon Digital and Riot Platforms, sensing the potential for increased demand, have made strategic moves to fortify their positions in the market. In the last 24 hours, Marathon Digital Holdings Inc (NASDAQ: MARA) has witnessed a remarkable 105 million shares in trading volume, surpassing established blue-chip stocks such as Tesla Inc (NASDAQ: TSLA), Apple Inc (NASDAQ: AAPL), and Amazon.com Inc (NASDAQ: AMZN), according to data from Yahoo Finance. Marathon Digital Shares Records Rising...
Read More »Trump Sells Off Millions in Ethereum Following Woeful NFT Business
Trump’s recent sell-offs have triggered speculations that he may have lost interest in crypto and may be seeking to cash in on all of his holdings. Former president of the United States of America Donald Trump has sold no less than $2.4 million worth of Ethereum (ETH) over the past three weeks. That is according to a report by blockchain intelligence firm Arkham. The latest report follows after Trump reportedly made the third attempt to recharge his NFT trading card business. However,...
Read More »Shiba Inu (SHIB) Blasts Through Another Major Milestone: Details
TL;DR Shiba Inu’s layer-2 blockchain solution, Shibarium, achieves a significant milestone in terms of transaction volume. Despite this significant achievement, SHIB’s price has remained stable without major changes in the last 24 hours. SHIB has the potential to surge in the near future considering the execution of its burning program and other developments. Shibarium’s Latest Achievement The popular memecoin – Shiba Inu (SHIB) – keeps dragging attention toward itself. The...
Read More »IOTA’s ShimmerEVM Bridge Goes Live in Strategic Linkup with LayerZero
The timing for the launch of the ShimmerEVM Bridge is a perfect one, considering the broader expansion underway in the IOTA ecosystem. The ShimmerEVM protocol from IOTA is advancing an impressive cross-chain interoperability protocol with the integration of LayerZero’s technology to enhance its bridging capabilities. As reported by Coindesk based on the scoop from the network’s developers, the Shimmer Bridge through which associated protocols can connect to other non-IOTA-based chains...
Read More »Binance Coin Up 11%: BNB Price Targets $500 as Crucial Resistance Breaks, What’s Behind This Surge?
The Binance Smart Chain has also witnessed a 7% increase in the number of addresses engaging with its dApps over the past 30 days. On December 26, the native cryptocurrency of the Binance Smart Chain registered an 11% increase in price, reaching its highest value since June. This pattern reflects a continuation of the trend that began last week when the price surged from $233 to $277, an 18% increase, before closing around $264. Although the price is currently experiencing a minor...
Read More »Potential Reasons Behind Uniswap’s Recent Growth and UNI’s Price Surge
Uniswap has seen substantial growth over the last week following the implementation of various features on the platform, such as Rootstock, an Android mobile wallet app, and extended capabilities to other blockchains. Uniswap’s native cryptocurrency, UNI, has also experienced a notable surge during the recent crypto bull market, witnessing a 22% increase over the past week, rising from $5.75 to $7.05. Uniswap Experiences Massive Growth Beyond financial gains, Uniswap has...
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