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Lava Network has launched its $LAVA utility token on Bybit, KuCoin, Gate, and MEXC, with trading starting on January 9, 2025. The protocol enhances blockchain app interactions by routing user traffic efficiently across over 40 chains, processing over 100 billion transaction requests. With a capped supply of 1 billion tokens and a unique revenue-sharing model, Lava aims to support the growing demand for reliable blockchain infrastructure.
Eywa addresses DeFi liquidity fragmentation through its CrossCurve DEX, enabling unified crosschain trading, and the Consensus Bridge, which enhances security with a multi-protocol approach. With over $1.85 billion in trading volume and significant backing, Eywa aims to reshape DeFi by improving accessibility and trust across blockchain networks.
Japan's Financial Services Authority (FSA) is intensifying scrutiny on unregistered crypto exchanges, aligning internal audits with global standards. Following warnings to five exchanges for operating without proper registration, the FSA aims to enhance consumer protection and address regulatory gaps. Despite a cautious approach to digital assets, Japan is reforming its crypto taxation laws while maintaining a strict stance on integrating Bitcoin into its financial reserves.
Galxe's Gravity blockchain, launched in August 2024, features Grevm 1.0, an open-source parallel Ethereum Virtual Machine (EVM) that processes nearly 800,000 daily transactions. This innovative technology allows multiple transactions to run simultaneously, significantly enhancing speed and efficiency, especially during high-demand periods.The native utility token, G, facilitates transactions and governance within the ecosystem, while users can purchase it on major exchanges like Binance and KuCoin. Looking ahead, Grevm 2.0 is set for release in early 2025, promising further improvements in transaction processing and scalability.
The crypto market has faced significant downturns, with Solana (SOL) and Cardano (ADA) experiencing notable declines. Amidst this, IntelMarkets (INTL), an emerging AI crypto, is gaining traction for its potential, boasting a projected 75x gain post-ICO and promising innovations in AI and DeFi. While SOL and ADA show signs of recovery, INTL is positioned as a compelling investment alternative with substantial growth prospects.
PENGU token's value plummeted over 50% following its airdrop to Pudgy Penguins NFT holders, dropping from $0.068 to $0.031 amid heavy selling pressure. This decline also caused the Pudgy Penguins NFT floor price to fall from 33 ETH to 16 ETH, resulting in the collection slipping to third place in market cap rankings. Trading activity surged initially, but a significant imbalance with 111,000 sellers versus 59,000 buyers contributed to the downward trend.
Tether's USDT stablecoin remains available for trading on several European exchanges, including Binance, Crypto.com, and Kraken, despite Coinbase's recent delisting to comply with upcoming regulatory requirements. While some exchanges have not publicly addressed the delisting, OKX announced its removal of USDT in March 2024, focusing on euro-based pairs. With the full implementation of the Markets in Crypto-Assets Regulation (MiCA) approaching on December 30, other platforms still have time to decide on USDT's status.
The UK's Financial Conduct Authority (FCA) has issued a warning against the Solana-based memecoin Retardio, stating it may be offering unapproved financial services in the UK. Investors are not protected by the Financial Ombudsman Service or the Financial Services Compensation Scheme, raising concerns about potential losses if the project fails. Despite the warning, Retardio's price surged by 16%, reflecting a humorous community response. The FCA is intensifying its regulation of the crypto market, having recently warned against another memecoin generator, Pump.fun, which is also unapproved for financial services.
DOGEN, a luxury-focused meme coin, anticipates a 700% growth by the end of its presale, building a community of leaders with exclusive benefits for early adopters. Following a surge in Dogecoin's value post-election, DOGEN has also seen a significant rise, currently trading at $0.0011, with projections of reaching $0.0019 at its token generation event. The token features a multi-level referral program, enhancing community engagement and investment potential.
Rexas Finance (RXS) has surpassed $26.375M in its presale, now entering the 10th stage at $0.150 per token, as it aims to tokenize real-world assets and enhance crypto adoption. With a Certik-verified audit and plans for listings on top-tier exchanges, forecasts suggest a potential rise of 14,226% by 2025. The project offers tools like the Rexas Token Builder and Launchpad, enabling users to easily tokenize assets and invest in real estate, while a $1M giveaway incentivizes early adopters.
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Lava Network utility token launches on major exchanges enhancing blockchain traffic management
15:04 09.01.2025
eywa bridges liquidity gaps and enhances security in decentralized finance
19:00 27.12.2024
Japan enhances audits and targets unregistered crypto exchanges for consumer protection
14:00 27.12.2024
gravity blockchain introduces g token and grevm 1.0 for enhanced performance
22:51 23.12.2024
investing in intelmarkets as an alternative to solana and cardano dips
16:00 21.12.2024
PENGU token crashes 50 percent after airdrop as NFT prices fall
19:06 17.12.2024
tether trading persists in europe despite coinbase delisting ahead of mica deadline
Coinbase Global, Inc.
KuCoin Token USD
Bitget Token USD
Crypto.com Staked ETH USD
Kraken Energy Corp.
USA
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16:11 17.12.2024
FCA warns investors about risks of Solana-based memecoin Retardio
23:54 16.12.2024
Dogen poised for explosive growth amid cryptocurrency market excitement
14:05 13.12.2024
Rexas Finance Surpasses Nine Presale Stages with Strong Investor Demand
14:30 11.12.2024
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