Band Protocol Integrates X Layer to Expand Cross-chain Interoperability and Real-World Data Access

Band Protocol, a cross-chain data oracle network, has announced a strategic partnership with OKX’s X Layer, a zero-knowledge (ZK)-powered layer 2 network. Through the collaboration, Band Protocol integrated its data oracle chain on the X Layer network to strengthen blockchain interoperability and offer dApps with smooth access to real-world data. Band Protocol described the alliance…

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Montenegro court rejects Do Kwon’s extradition appeal

Montenegro’s Constitutional Court unanimously rejected Terraform Labs’ co-founder Do Kwon’s appeal regarding a verdict on his extradition over legal issues, Korea JoongAng Daily reported on Dec. 25. The decision clears the path for Montenegro’s Justice Minister to determine Kwon’s extradition destination, which is now expected to be the US due to the ministry’s established stance,…

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Crypto.com Enters US Custody Market

Crypto.com announced the launch of a new trust company in the US this week, marking an important step in developing its expansion efforts in North America.Known as the Crypto.com Custody Trust Company, the new entity provides custody services for digital assets to high-earning individuals and qualified institutions in the United States and Canada. Key Expansions…

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Web3Bay’s Diverse Asset Support & Presale Potential Outperform Polkadot & DOGE’s Returns

Polkadot, Dogecoin, and Web3Bay are shaping the cryptocurrency landscape, driven by a surge in market confidence. Polkadot is enhancing its network through successful parachain auctions, which increase its scalability and affirm its dominance in blockchain interoperability. Concurrently, Dogecoin is capitalizing on strong retail interest, yielding over 200% ROI for the year. Yet, Web3Bay differentiates itself…

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Bank of Italy Calls Bitcoin P2P Services ‘Crime-as-a-Service’ Amidst Growing Acceptance

While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far from universally positive. Amid this growing institutional adoption, the Bank of Italy has taken a notably critical stance. In its Economic and Financial Occasional Paper,…

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Ethereum (ETH) Price Momentum Weakens Despite Whale Confidence

Ethereum (ETH) price has climbed 48.19% so far in 2024, though it lags behind Bitcoin 123% gain this year. Despite ETH’s strong performance, its recent uptrend appears to be losing momentum, as the ADX indicates weakening trend strength. Whales are accumulating more ETH, reaching the highest number of large holders since September. Key resistance at…

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