News

BackedFi Chainlink

Chainlink CCIP Goes Live on BackedFi

Chainlink has achieved a significant milestone with its Cross-Chain Interoperability Protocol (CCIP) going live on BackedFi. This integration enhances how tokenized real-world assets (RWAs) are utilized and transferred across multiple blockchain networks, setting the stage for a more interconnected decentralized finance (DeFi) ecosystem. Key Features of the Integration 1. Cross-Chain Interoperability BackedFi can now facilitate …

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MicroStrategy Bitcoin Acquisition

MicroStrategy Adds 15,400 BTC to Its Holdings, Now Up 64% on Investments

MicroStrategy, renowned for its bold Bitcoin strategy, announced the acquisition of 15,400 BTC between November 25 and December 1, 2024. This purchase, executed at an average price of $95,976 per Bitcoin, was funded by proceeds from a $1.5 billion stock sale under its at-the-market (ATM) equity program. Details of the Acquisition In a December 2 …

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South Korea crypto tax

South Korea Delays Crypto Tax Implementation to 2027 

South Korea’s government has postponed the implementation of its planned 20% cryptocurrency tax for two more years, with the new timeline set for 2027. This marks the third delay since the bill’s introduction in December 2020. Key Details: Political Context The National Assembly will vote on December 2, 2024, to finalize the postponement, with bipartisan …

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AstraLabs launches AstraDex AI

AstraLabs launches AstraDex AI on 2nd Dec 2024

AstraLabs has announced the imminent launch of AstraDex AI ($ADEX), an artificial intelligence-powered decentralized trading platform. Scheduled to go live on December 2 at 2 PM UTC, AstraDex AI aims to transform decentralized finance (DeFi) by integrating advanced AI analytics with user-centric features. Key Features of AstraDex AI Addressing DeFi Challenges AstraDex AI targets common issues …

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Soonverse Soonchain

SoonVerse Announces Transition to SoonChain

SoonVerse, a notable player in blockchain gaming, has announced an upcoming transition to its new blockchain, SoonChain. Slated for official release next week, this upgrade promises faster transactions, lower costs, and exciting new opportunities for the SoonVerse ecosystem Why the Shift to SoonChain? The transition to SoonChain aims to: This move positions SoonVerse to better …

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Kaspa TN11 HF

Kaspa’s TN11 HF Release Goes Live: Key Details for Testnet-11 Maintainers

The Rusty Kaspa team has launched the TN11 HF release to hardfork the Testnet-11 environment, marking a pivotal step in Kaspa’s Crescendo roadmap. This release brings critical updates and optimizations aimed at preparing for the 10bps mainnet. Release Highlights The TN11 HF includes: Activation Timeline The hardfork will activate at DAA score 287238000, expected to …

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AiPump AICramer

aiPump launching AICramer : AI agent which trades inverse of Jim Cramer

AIPump, in collaboration with LayerAI and ApeTerminal, has announced the launch of its first AI agent, AICramer. The AI, designed to mimic and counteract Jim Cramer’s market predictions, brings a unique trading strategy to the crypto world. AICramer will debut with a $28,000 market cap, trading on the Solana blockchain. Key Features of AICramer Operational Details …

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Ripple XRP

Ripple’s $XRP Soars 270% Amid Regulatory Optimism

Ripple’s XRP has surged 270% over the past 30 days, reaching a high of $1.90 after prolonged bearish sentiment. This rally follows optimism surrounding a potential shift in U.S. cryptocurrency regulation as a crypto-friendly administration prepares to take office. Ripple’s Legal Battle with the SEC Ripple continues to navigate its legal challenges with the U.S. …

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Oraichain Solana

Oraichain Expands to Solana Ecosystem

Oraichain has taken a significant step forward by integrating with Solana. The integration allows Oraichain’s native token, ORAI, to operate on the Solana blockchain, recognized for its high-speed and low-cost transactions. This move could redefine how decentralized applications (dApps) leverage AI for more intelligent, efficient operations. Why Solana? High-Speed, Low-Cost Transactions Solana’s blockchain infrastructure offers …

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Creo Play ID

CreoPlay ID Introduces Bridge and Staking Features

CreoPlay ID has rolled out an exciting update, delivering two powerful features aimed at revolutionizing your Web3 gaming experience: Bridge and Staking. Key Highlights of the Update: Additional Features of CreoPlay ID: What’s Next? CreoPlay ID continues to innovate, making Web3 gaming more accessible and powerful than ever. Dive in today at CreoPlay App and …

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