In a controversial decision, the Arkansas State House passed two proposals to possibly limit cryptocurrency mining operations within the area, according to local news outlets. These proposed bills indicate a change from past pro-mining sentiment among legislators, as only about 10% currently support the industry compared to over 90% who backed its protection last year. … Read more
In March 2024, the Solana NFT marketplace Magic Eden experienced its greatest monthly trading activity, outpacing Blur. As reported in CoinGecko’s Q1 2024 analysis, Magic Eden’s NFT sales volume jumped by an impressive 194.4% to reach $756.5 million, whereas Blur recorded a slight increase to $530.4 million in trading volume. The CoinGecko 2024 Q1 Crypto … Read more
At StakingFarm, a well-known cryptocurrency staking platform, new long-term investment options are now available. These packages offer enhanced security, attractive returns, and strong lock-in incentives, making them an ideal choice for HODLers in the crypto community during these uncertain market conditions. For cryptocurrency investors looking to collaborate and make use of their assets to tackle … Read more
In a recent US House of Representatives runoff election, candidates affiliated with the Alabama Democratic party named Shomari, secured victory with approximately 61% of the votes cast. Figure, an advocate for progressive policies and previously connected to Washington’s political elite, received over $2.7 million in independent financial backing from a cryptocurrency industry PAC. In simpler … Read more
A centrifuge, which is a prominent platform for tokenizing real-world assets (RWAs) via the foremost protocol, has secured $15 million during its Series A financing. This round received investments from ParaFi Capital and Greenfield. The company was a pioneer in connecting the worlds of traditional finance (TradFi) and decentralized finance (DeFi) by tokenizing Reinsurance Assets … Read more