Category: News
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Ripple Leads $8 Million Crypto Donations to Trump-Vance Inauguration
Ripple has announced a $5 million XRP donation to support the inauguration celebrations for President-elect Donald Trump and Vice President-elect J.D. Vance. The contribution is part of a broader trend of crypto firms supporting the upcoming administration. Major Crypto Firms Step In Coinbase and Kraken have each contributed $1 million to the Trump-Vance Inaugural Committee,…
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Dawn of the Damned 2.0 Officially Launches
Nakamoto Games has announced the official launch of Dawn of the Damned 2.0, an upgraded version of its action shooter. The game is now available for download at dawnofthedamned.com, offering players an updated experience with enhanced gameplay mechanics and features. Rewards Campaigns and Mobile App Development The company stated that rewards campaigns tied to the…
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Japanese Firm Metaplanet Issues ¥5 Billion To Buy Bitcoin
Tokyo-listed company Metaplanet doubles down on Bitcoin amid Yen depreciation and crypto market dip Metaplanet, a Tokyo Stock Exchange-listed firm, has issued ¥5 billion (approximately $34 million) in bonds to acquire more Bitcoin. The decision highlights Japan’s increasing adoption of cryptocurrency as an asset class, particularly amid growing economic uncertainties and a depreciating yen. Bitcoin…
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Mo Shaikh Resigns as Aptos CEO, Names Co-Founder Avery Ching as Successor
In a notable leadership transition, Mo Shaikh, co-founder and CEO of Aptos, has stepped down from his role, naming fellow co-founder Avery Ching as his successor. While Shaikh departs from day-to-day operations, he will remain involved with the company as an advisor. Leadership Transition at Aptos Mo Shaikh announced his resignation via social media, reflecting…
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Bitcoin and Altcoins See Correction While BlackRock Adds More
Retail Selling Bitcoin Follows Jerome Powell’s Remarks, While Institutional Players like BlackRock Add Significant Holdings The cryptocurrency market witnessed a slight correction in Bitcoin’s price following Federal Reserve Chairman Jerome Powell’s speech, which sparked concerns among retail investors. The sell-off comes as Powell’s remarks hinted at only 2 rate cuts in 2025. However, in stark…
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Deutsche Bank To Develop Eth Based L2 : Report
Deutsche Bank is building a Layer 2 solution under Project Dama 2 to address regulatory concerns around public blockchain adoption. The initiative is part of the bank’s broader strategy to make public blockchains viable for institutional use. This according to a report on Bloomberg. Project Dama 2: A Solution for Public Blockchain Risks The German…
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Ethena Labs Partners with World Liberty Financial to Add sUSDe as Collateral on Aave v3
Ethena Labs and World Liberty Financial (WLFI), a blockchain venture associated with Donald Trump, have partnered to introduce Ethena’s sUSDe token as a collateral asset on WLFI’s Aave v3 instance. This collaboration is expected to enhance liquidity, boost stablecoin utilization, and provide users with rewards in sUSDe and WLF tokens. Details of the Partnership The…
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PropChain’s PROPC To Be Listed On Gate.io
PropChain Global has announced the listing of its native token, $PROPC, on the prominent cryptocurrency exchange Gate.io. Trading is set to begin on December 19th at 9:00 AM UTC, with the trading pair PROPC/USDT. Current Listings : Broader Reach for PROPC with Gate.io This PROPC listing on Gate.io represents a strategic milestone for PropChain, providing…
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Binance to Delist AKRO, BLZ, and WRX Tokens on December 25
Binance, the world’s leading cryptocurrency exchange, has announced the delisting of three tokens—Kaon (AKRO), Bluzelle (BLZ), and WazirX (WRX)—effective December 25, 2024. The move follows Binance’s periodic review process, which evaluates tokens based on multiple criteria, including team commitment, trading volume, regulatory compliance, and network stability. Key Details of the Delisting: Impact on Binance Services:…
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Ripple Launches RLUSD Stablecoin on both Ethereum and XRP’s Ledger
Ripple has officially launched Ripple USD (RLUSD), its U.S. dollar-backed stablecoin, across major crypto exchanges. The launch comes after regulatory approval from the New York State Department of Financial Services (NYDFS), solidifying Ripple’s presence in the growing stablecoin sector. RLUSD Goes Live on Ethereum and XRP Ledger The RLUSD stablecoin is natively available on both…