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tether invests 775 million in rumble to enhance growth and decentralization

Tether has announced a $775 million investment in Rumble, a YouTube alternative, with plans to use $250 million for growth initiatives and the rest for a self-tender offer for Class A common stock. Tether will acquire 103,333,333 shares at $7.50 each, while Rumble's CEO Chris Pavlovski retains control. Both companies emphasize shared values of decentralization and free expression, with Tether exploring crypto payment solutions for Rumble.
dailyhodl.com
Tether USDt CNY RumbleOn, Inc. Paolo Ardoino Chris Pavlovski
Finance & Economy, Press Release
20:45 23.12.2024

uniswap labs announces unichain layer one network launch in early 2025

Uniswap Labs has announced the launch of its layer-1 blockchain, Unichain, set for January 6, 2025. The mainnet will feature Permissionless Fault Proofs from day one, allowing for decentralized verification of chain activity. Following the mainnet launch, an experimental testnet will introduce features like Flashblocks for faster transaction times.
dailyhodl.com
Technology & Innovation, Blog Post
20:41 23.12.2024

Interpol issues red notice for Hex founder Richard Heart over fraud charges

Interpol has issued a red notice for Richard Schueler, known as Richard Heart, the founder of Hex cryptocurrency, over allegations of tax fraud and assault. The U.S. government is also pursuing him for orchestrating a $1 billion illegal securities scheme, with the SEC claiming Hex qualifies as an unregistered security. Schueler is under investigation in Finland for gross tax evasion and assault, while he remains active on social media, addressing his critics.
Decrypt
United States Dollar Euro Byron Boston Sander Lutz Richard Schueler Show more
Regulatory & Legal, News Article
20:35 23.12.2024

malaysia bans atomic wallet over unauthorized digital asset exchange operations

Malaysia's securities regulator has prohibited Atomic Wallet from operating, citing unauthorized digital asset exchange activities. The firm, which suffered a $100 million hack in 2023 linked to the Lazarus Group, faces ongoing lawsuits and joins other barred cryptocurrency firms in the country. In response to security concerns, Atomic Wallet recently initiated a $1 million bug bounty program.
Cointelegraph
Atomic Wallet Coin USD USA MYS EST Show more
Regulatory & Legal, News Article
20:30 23.12.2024

global pet food toppings market poised for significant growth through 2032

The Global Pet Food Toppings market is projected to grow from $1.5 billion in 2024 to $3 billion by 2032, with a CAGR of 7%. Key players include Mars Petcare, Nestlé Purina, and Hill's Pet Nutrition, driven by trends in pet humanization and demand for premium products. The market is segmented by type, application, and geography, with North America leading and Asia-Pacific as the fastest-growing region.
openPR.com
VNM SGP KOR IND TWN MYS CHN PHL AUS JPN THA HKG IDN USA Nidhi Bhawsar Show more
Finance & Economy, Market Report
20:28 23.12.2024

Binance Labs invests in Usual protocol boosting token value by 15 percent

USUAL token surged 15% to $1.21 following Binance Labs' investment, boosting its market cap to over $570 million. The Usual protocol, which aims to create decentralized stablecoins backed by real-world assets, secured $10 million in Series A funding co-led by Binance Labs and Kraken Ventures. This investment supports Usual's mission to innovate the stablecoin market and enhance decentralized finance solutions.
Crypto Briefing
BlackRock, Inc. Kraken Energy Corp. Alex Odagiu
Crypto, Market Report
20:22 23.12.2024

seven top cryptocurrencies to consider as presale momentum builds

The cryptocurrency market is buzzing with excitement as Qubetics ($TICS) surpasses $7.5 million in its presale, attracting over 11,500 holders. Alongside established players like Bitcoin, Ripple, and Ethereum, Qubetics stands out with its innovative QubeQode IDE, designed to simplify blockchain development for users of all skill levels.As Bitcoin maintains its dominance at around $95,000, Ripple continues to facilitate rapid cross-border payments despite ongoing legal challenges. Other notable coins include Solana, Cardano, and Polkadot, each offering unique advantages in the evolving digital landscape.
Crypto News Flash
SAU BHR OMN ARE QAT MEX Show more
Crypto, Market Report
20:15 23.12.2024

solana layer two sonic airdrops tokens to tiktok users for gaming

Solana's layer-2 network, Sonic, plans to airdrop SONIC tokens to TikTok users participating in its social media blockchain game, SonicX. With over 2 million users onboarded without the need for external wallets or gas fees, Sonic aims to leverage TikTok's vast audience, which is projected to exceed 2 billion by 2029. However, similar projects have seen a significant drop in user activity following token distributions, raising concerns about the sustainability of such initiatives.
crypto.news
Solana USD Conor Grogan Laura Shine Mudit Gupta Show more
Technology & Innovation, Social Media Post
20:12 23.12.2024

avalon labs raises 10 million to boost bitcoin backed stablecoin adoption

Avalon Labs has raised $10 million in a Series A funding round to enhance the adoption of its Bitcoin-backed stablecoin, USDa, and expand its decentralized finance offerings. Unlike fiat-backed alternatives, USDa allows users to collateralize Bitcoin holdings at a fixed borrowing rate of 8%, providing liquidity while maintaining exposure to Bitcoin's price appreciation. Since its launch in November 2024, USDa has gained significant traction, surpassing $700 million in total value locked and becoming the second largest collateralized debt position project globally.
Coinspeaker
Ripples USD PayPal Holdings, Inc. ARE USA GBR Show more
Finance & Economy, Market Report
20:11 23.12.2024

XRP price surge to 1200 faces challenges from supply constraints

The possibility of XRP reaching $1,200 has sparked debate, with some analysts drawing parallels to Bitcoin's historic price surge. However, critics highlight XRP's significantly larger supply of 100 billion coins, which would require an unrealistic market capitalization of $120 trillion to achieve that price. This contrasts sharply with Bitcoin's market cap during its rise, raising doubts about XRP's potential for similar growth.
Crypto News Flash
Ripples USD Nathan Goldstein Stephen Curry
Crypto, Blog Post
20:10 23.12.2024
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