Turkey’s state-owned boron miner estimates the country has more than 70% of global reserves of borate minerals. Tether, operator of the world’s biggest stablecoin by market capitalization, has reportedly proposed creating tokens representing borate minerals to the Turkish government. Tether asked Turkey to consider implementing blockchain technology to create digital tokens backed by boron, Bloomberg...Continue Reading
Kraken’s new blockchain, Ink, will simplify decentralized finance access, offering trading, lending and borrowing services without intermediaries. Kraken, a centralized cryptocurrency exchange (CEX), plans to launch its own blockchain dubbed “Ink” in early 2025, focusing on decentralized finance (DeFi) applications. According to a Bloomberg report, Ink aims to enable users to trade, borrow and lend...Continue Reading
Bitcoin sails higher on US jobless claims, with the BTC price dip to $65,000 swiftly being left behind. Bitcoin (BTC) erased losses into the Oct. 24 Wall Street open as US unemployment data delivered another surprise. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView revealed 1.5% BTC price gains on the...Continue Reading
Solana has surged by approximately 600% against Ethereum since 2023 thanks to the memecoin mania. Solana (SOL) is starting to capture the spotlight as a serious contender to Ethereum (ETH), even though its market capitalization is about four-times smaller than the leading smart contracts platform. On Oct. 23, the SOL/ETH trading pair climbed to a...Continue Reading
In episode 62 of the Hashing It Out podcast, host Elisha Owusu Akyaw explores Web3s attempt to disrupt internet infrastructure with Harrison Hines, CEO and co-founder of Fleek Network and Kyle Okamoto, chief technology officer of Aethir. In this episode of Hashing It Out, host Elisha Owusu Akyaw (GhCryptoGuy) delves into the rapidly evolving world...Continue Reading
Cardano taps BitcoinOS to integrate Bitcoin liquidity into its DeFi ecosystem using zero-knowledge cryptography for secure cross-chain functionality. Cardano is set to unlock more than $1.3 trillion in Bitcoin liquidity for its decentralized finance (DeFi) ecosystem through a new integration with BitcoinOS (BOS), a Bitcoin smart contract platform. The integration aims to allow Cardano users...Continue Reading
The v3 launch marks the DeFi protocol’s first big product rollout after a governance overhaul in October. Synthetix has launched its v3 liquidity platform on Arbitrum, an Ethereum layer-2 after a series of product delays prompted a governance overhaul at the decentralized finance (DeFi) protocol, Synthetix told Cointelegraph on Oct. 24. Kwenta, a perpetuals exchange,...Continue Reading
GnosisVC will back projects working on real-world assets, decentralized infrastructure and onchain payments platforms. GnosisDAO, the decentralized autonomous organization behind the Gnosis Chain, has approved a proposal to launch a $40 million venture fund aimed at accelerating early-stage blockchain projects. According to an Oct. 23 announcement, GnosisDAO will contribute $20 million to the fund, while...Continue Reading
TeraWulf’s focus on raising capital through institutional buyers suggests confidence in its future despite volatile cryptocurrency markets. TeraWulf, a digital infrastructure company specializing in zero-carbon energy solutions for Bitcoin mining, announced a private offering of $350 million in convertible senior notes due 2030. In an Oct. 23 announcement, the United States-based company said it plans...Continue Reading
After selling 10,000 ETH in the past few months, the Ethereum ICO participant still has 37,000 ETH to cash out. A participant in the Ethereum initial coin offering (ICO) continues to sell thousands of Ether tokens after dumping $24 million in the cryptocurrency a few months ago. An Ethereum ICO whale sold another 3,000 Ether...Continue Reading
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