News

Sadia Ali

Tron

TRON $6B Crackdown: Blockchain Security Hit New Heights in 2024

TRON experienced the most significant drop in illicit activity across blockchains in 2024, with illicit volume shrinking by $6 billion. This marked a 51% reduction in its proportion of suspicious transactions, a milestone that highlights TRON’s proactive measures to enhance blockchain security. Despite hosting 58% of illicit crypto activity in ... Read more

Lipika Deka

Solana

Solana to hit $6,636 by 2030: Bitwise

Bitwise Europe outlines an ambitious price target for Solana by 2030. While a bear-case price prediction stands at $2,318.90, and the bull-case scenario estimates an impressive $6,636.88. All these forecasts reflect the network’s potential to be a blockchain powerhouse. The report forecasts a base case where Solana secures 71 million ... Read more

Sadia Ali

Aave

Aave Ventures Into Bitcoin Mining to Strengthen GHO Stablecoin

Aave plans to enter Bitcoin mining to boost revenue and grow its stablecoin ecosystem. The initiative leverages mining profits and hardware appreciation for dual benefits. The timing aligns with a bear market, offering cost-effective mining and asset acquisition. Aave is exploring Bitcoin mining to strengthen its GHO stablecoin ecosystem and ... Read more

Bena Ilyas

Phantom Raises $150 Million in Series C Funding Round

Phantom Raises $150 Million in Series C Funding Round

Digital asset wallet provider Phantom has secured $150 million in its Series C funding round. The round, led by venture capital giants Sequoia Capital and Paradigm, elevates the company’s valuation to $3 billion. Additional participation came from Andreessen Horowitz and Variant, marking a significant milestone for Phantom. Phantom’s CEO, Brandon ... Read more

Bena Ilyas

Crypto

Trump Plans to Prioritize Crypto with New Executive Order

President-elect Donald Trump is reportedly ready to sign an executive order naming cryptocurrency a national priority in what could be a dramatic reshaping of the crypto landscape in the United States. The directive, expected as early as Jan. 20—Trump’s first day back in office—could chart a new regulatory course for ... Read more

Lipika Deka

Polygon

Polygon Partners with Jio to Bring Web3 to 450M Indians

Polygon Labs has teamed up with Reliance Jio, India’s largest telecom operator to integrate blockchain capabilities. This collaboration could potentially reach over 450 million users, and significantly accelerate Web3 adoption in India. According to the official blog post, Jio will leverage Polygon’s Proof-of-Stake (PoS) blockchain technology to incorporate Web3 features ... Read more