Polkadot’s Network Reaches New Heights with 600,000 Active Addresses

The Polkadot blockchain network has reached an impressive new height with over 600,000 active addresses, marking a new record. This achievement was attained amidst recent attempts to boost engagement through memecoins, which faced challenges in generating substantial interest for the protocol. The activity highlights the strong interaction among the Polkadot community, showcasing the various uses … Read more

CoinShares: Bitcoin drives crypto investment inflows to $13.8b record

Last week, there was a massive surge in investments totaling $646 million in digital asset investment products, making it the highest inflow this year. The majority of these investments were driven by investors with a strong interest in Bitcoin. In the first quarter of 2024, cryptocurrency investment vehicles amassed approximately $13.8 billion according to CoinShares’ … Read more

Chainalysis Recruit Ex-IRS Chief to Fight  Crypto Crimes

Chainalysis, a company specializing in blockchain analysis, enhances its efforts against cryptocurrency criminal activities with the addition of Jim Lee. In his new role as Global Head of Capacity Building at Chainalysis, Lee will utilize his experience from leading the IRS-CI unit. Chainalysis hires James Lee, previous head of IRS Criminal Investigations, as their new … Read more

ZEUS token rises by 37%, surpasses $180m market cap

The price of ZEUS token on the Zeus Network jumped significantly, reaching $0.9821, which represents a daily growth of 37.4%. The increase in value of the token is indicative of heightened investor enthusiasm, as demonstrated by a substantial surge in trading activity. This surge resulted in a 140% increase in trading volume, reaching over $97 … Read more

Solana, Base account for most DEX listings amid meme coin craze

In the last 24 hours, decentralized exchanges (DEXs) operating on the Solana network have accounted for the largest share of trading activity due to the continued popularity of meme coins. Based on data from CoinGecko, Solana’s decentralized exchanges (DEXs) led in trading activity over the past 24 hours. The top three in terms of volume … Read more