Toncoin flips Cardano by market capitalization, reaches new all-time high

Cardano‘s position as the ninth largest cryptocurrency by market cap was taken over by Toncoin. Based on information from CoinMarketCap, the market value of Toncoin (TON) currently exceeds that of Cardano (ADA). At present, Toncoin boasts a market capitalization of $23.1 billion in comparison to Cardano’s $21.5 billion. The market rankings of the top ten … Read more

Congressman advocates for US leadership in Bitcoin innovation

Congressman Patrick McHenry from the United States advocates for America taking the front seat in advancing Bitcoin technology. During the Bitcoin Policy Summit in Washington D.C., McHenry (R-NC) characterized Bitcoin as a fortress of freedom and an unyielding technological innovation. He underlined how even strict regulatory bodies, like the Chinese Communist Party, have been unable … Read more

Paradigm Leads Investment Charge with $225 Million in Blockchain Venture

At the helm of venture capital, Paradigm spearheads a significant $225 million investment, fueling a promising new layer-1 blockchain initiative. This substantial funding positions the project as a formidable competitor, going head-to-head against established players such as Solana in the cutthroat blockchain marketplace. New: Monad unveils $225 million Series A investment headed by Paradigm to … Read more

deBridge launches points program for decentralization, community engagement

The deBridge protocol introduced a reward system to acknowledge and appreciate the efforts of its community members throughout its network. Approximately three years into its operation, deBridge has experienced explosive expansion in terms of trading volumes, transaction numbers, user base, collaborations, and blockchain networks it caters to. In their blog post, the company expressed gratitude … Read more

US Treasury demands more control over foreign crypto exchanges

The U.S. Treasury Department aims to broaden its authority to monitor and regulate cryptocurrency companies, both domestic and international. Prior to the Senate hearing, Deputy Secretary of State Adeyemo warned that deceitful individuals are continually devising innovative methods to conceal their identities and transfer funds. Adeyemo pointed out that terrorist organizations and nations under American … Read more