Fhenix, the Layer 2 utilizing Fully Homomorphic Encryption (FHE), has launched its latest testnet, Nitrogen. The upgrade adds advanced decryption capabilities and marks a significant step toward the network’s mainnet deployment. The release of Nitrogen will make it easier for developers to explore the possibilities Fhenix offers in terms of data handling, particularly when it…
Solana welcomes USDS as its first major DeFi-native stablecoin, offering fresh opportunities for decentralized finance (DeFi) enthusiasts. Sky Protocol announced the launch, emphasizing how USDS will enhance lending, borrowing, and trading across Solana’s rapidly growing DeFi ecosystem. This integration also introduces lucrative rewards for early adopters, signaling a pivotal moment for Solana’s financial infrastructure. USDS…
In a rug pull attempt, a GenZ kid created the QUANT token and sold it within a few hours to bag $30K in profit. However, to his surprise, the crypto community came together and pumped the token to new highs. As a result, the token grew by 71, 000%, making it the rarest crypto trading…
MicroStrategy’s top 100 breakthrough is fueled by Bitcoin — and fueling Bitcoin in return. How does this feedback loop keep pushing both higher? MicroStrategy joins the top 100 Club MicroStrategy (MSTR), a company famously tied to Bitcoin’s (BTC) wild journey,…
Gary Wang, the last of FTX’s executives to be sentenced, will serve no prison time after aiding prosecutors in decyphering Sam Bankman-Fried’s fraudulent empire.
Leading on-chain analytics firm CryptoQuant has issued a cautionary note for investors banking on Bitcoin’s (BTC) price to sustain its recent rally past $94,000. The firm warns that the Bitcoin price top of this cycle could be close. Their analysis highlights key indicators signaling potential exhaustion in BTC’s upward momentum. This raises the question: are…
With amazing price swings that have investors humming about what’s next, Ethereum (ETH) and Solana (SOL) have been creating waves in the crypto market. Excitement for possible large price swings is growing as the Ethereum price consolidates at important levels and the Solana price achieves a new 2024 high. But what if the actual breakthrough…
Russia bans crypto mining in occupied Ukraine regions to tackle energy shortages during fall and winter. The new law enforces stricter control on mining, allowing only registered entities and imposing regional restrictions. Russia is tightening its rules on crypto mining after Deputy Prime Minister Alexander Novak recently declared a ban on areas under Russian occupation…
Nasdaq-listed Hoth Therapeutics has announced plans to purchase Bitcoin as a treasury reserve asset. Hoth disclosed on Nov. 20 that its board of directors had approved the acquisition of $1 million worth of Bitcoin (BTC). The biopharmaceutical company will become…
MicroStrategy has increased its convertible debt offering to $2.6 billion, up from its original $1.75 billion target, according to a Nov. 20 statement. The firm stated that the proceeds from this offering will fund additional Bitcoin acquisitions and other corporate needs. Offering details The convertible notes will be sold privately to institutional buyers under Rule…
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