Category: Crypto

Solana appears to be vying to retake the podium with its latest victory, becoming this year’s leading ecosystem for new developers, ending Ethereum’s 8-year dominance.
The post Solana Beats Ethereum – Is a $500 SOL Price Now Within Reach?  appeared first on Cryptonews. …

Avalanche has just raised a towering $250 million in a private crypto sale for the network’s Ethereum-challenging blockchain. Lead investors Galaxy Digital, ParaFi Capital and Dragonfly were joined by more than 40 investment firms including Anthony Scaramucci’s SkyBridge Capital and AI/crypto investment firm Morgan Creek Digital. The raise comes shortly after the launch of the […]
The post Avalanche Lands $250 Million as Crypto All-Stars Blows Past $15M – What’s Driving the Boom?  appeared first on Cryptonews. …

Tokenization platform Securitize has appointed Michael Sonnenshein, the former CEO of Grayscale Investments, as its new executive leader.
The post Former Grayscale CEO Joins Tokenization Platform Securitize appeared first on Cryptonews. …

Stefan Berger resigned as the European Parliament’s digital euro leader to clear doubts that the German center-right was stalling the project for a unified eurozone digital currency.
The post Key Leader in Digital Euro Efforts Resigns to Quash German Bias Claims appeared first on Cryptonews. …

Gate.io has dismissed recent hacking rumors, assuring users that its operations remain secure and unaffected, with over $10 billion in reserves.
The post Gate.io Dismisses Hack Rumors, Assures Platform Security appeared first on Cryptonews. …

Bitcoin investor will serve a two-year prison sentence and pay $1.1 million for omitting to declare $4 million in capital gains

The post Texas Man Jailed for Evading $1M in Cryptocurrency Taxes appeared first on Cryptonews. …

Bitcoin and Ether ETFs attracted $870m in daily inflows Friday, despite Bitcoin struggling to break past the $102K resistance.
The post Bitcoin and Ether ETFs Combined See $870M Daily Inflows Amid Investor Confidence appeared first on Cryptonews. …

In 2024, 7,625 new developers used Solana ecosystem, while 6,456 developers have explored Ethereum.
The post Solana Ecosystem Outpaces Ethereum in Terms of New Crypto Developers: Report appeared first on Cryptonews. …

Binance has solidified its position as the world’s leading cryptocurrency exchange, boasting $21.6 billion in customer deposits for 2024.
The post Binance Leads with $21.6 Billion in Deposits in 2024, Outpacing Top 10 Exchanges Combined appeared first on Cryptonews. …

The Bank of England’s regulatory arm has issued a directive requiring businesses to disclose their current and anticipated exposure to crypto assets by March 2025.
The post Bank of England Demands Firms to Disclose Crypto Exposure by March 2025 appeared first on Cryptonews. …