Coinspeaker Kraken Debuts Layer-2 Blockchain Ink on Mainnet Ahead of Schedule

Cryptocurrency exchange Kraken has joined the growing list of companies to roll out an independent blockchain to explore the world of decentralized finance (DeFi) ecosystem. On Wednesday, the company announced that its layer-2 network Ink has officially debuted to the public on mainnet.

When the company initially unveiled plans to launch the blockchain in October, Kraken said the beta launch was scheduled for this ye

Coinspeaker BlackRock ETF Buys Municipal Debt Through JPMorgan Blockchain-Based Platform

The iShares Short Maturity Municipal Bond Active ETF (Cboe BZX: MEAR), a fund managed by BlackRock Inc. (NYSE: BLK), has invested in debt securities issued by the city of Quincy, Massachusetts. According to a Bloomberg report, BlackRock’s MEAR invested up to $6.5 million in the Quincy deal, which was facilitated by a blockchain-based platform backed by JPMorgan Chase & Co. (NYSE: JPM).

As a result, the MEA

Coinspeaker JupiterZ Debuts Zero-Gas, Zero-Slippage for Smooth Solana Swaps

Solana-based decentralized exchange Jupiter has unveiled its new project, JupiterZ, which provides a streamlined solution for swapping tokens designed specifically for Solana. The exchange introduces an approach by eliminating slippage and gas fees, ensuring trades occur at a fixed price without unexpected changes during the process.

By integrating advanced technology for price routing alongside its unique request-for-

Coinspeaker Chainalysis Acquires Hexagate to Strengthen Web3 Security

Chainalysis, a blockchain data and analysis company, has acquired Hexagate, a provider of Web3 security solutions. Hexagate focuses on detecting and stopping threats in real-time. The startup also provides advanced tools to protect against cyberattacks, hacks, and financial risks.

According to the announcement, this acquisition is an important step toward improving risk management in the fast-changing blockchain ecosystem.

Coinspeaker Crypto Startup Plume Secures $20M to Build Real-World Asset Finance Ecosystem

Plume, a blockchain platform dedicated to tokenizing real-world assets (RWAs), has raised $20 million in a Series A funding round to advance its mission of revolutionizing asset finance.

The company aims to bridge traditional finance and blockchain technology, creating a streamlined ecosystem for bringing RWAs like bonds, commodities, and real estate onto blockchain rails.

Major Investors Back Plume’s Vi

Coinspeaker ZBD Becomes First Payment Company to Secure EU MiCAR License

ZBD, a well-known payment company, has achieved something big by being the first to get approved for the European Union’s new crypto license under MiCAR (Markets in Crypto-Assets Regulation). The Dutch Authority for the Financial Markets (AFM) gave this approval, making ZBD a leader in following crypto rules in Europe.

MiCAR, which introduces strict oversight for businesses dealing with digital assets, will officially com

Coinspeaker Sonic Mainnet Goes Live with 190.5M Token Airdrop, EVM Support

Sonic Labs, a web3-oriented company building on the success of the Fantom (FTM) network, has announced the launch of the Sonic mainnet, a high-throughput layer one (L1) blockchain compatible with the Ethereum Virtual Machine (EVM). Following the mainnet launch, holders of FTM tokens can now swap for S tokens at equal value through Sonic’s dedicated portal.

According to Sonic Labs, FTM holders on the Ethereum (ETH) netwo

Coinspeaker SatLayer to Drive Bitcoin’s Role in DeFi With Sui Blockchain

SatLayer, a Bitcoin restaking platform, is teaming up with the Sui blockchain to expand Bitcoin’s role in the decentralized finance (DeFi) world. As the protocol disclosed, this move aims to combine Bitcoin’s reliability with Sui’s speed.

This initiative is designed to open new possibilities for developers to create more decentralized applications (dApps). These apps will operate without relying on traditional financial i

Coinspeaker Hong Kong Approves Four More Crypto Exchanges Under Tightened Regulations

Hong Kong has taken another significant step in its efforts to regulate the cryptocurrency market. On December 18, the Securities and Futures Commission (SFC) granted operating licenses to four virtual asset trading platforms (VATPs), bringing the total number of licensed exchanges in the region to seven.

The newly approved platforms—Hong Kong Digital Asset EX Limited, Accumulus GBA Technology Co., Limited, D

Coinspeaker Zilliqa 2.0 Mainnet Prepares to Launch in Q1 2025 Following Release of Aventurine Proto-mainnet

Zilliqa ZIL $0.0242 24h volatility: 5.6% Market cap: $466.99 M Vol. 24h: $46.89 M , a veteran blockchain unveiled during the ICO bubble of 2017, is preparing to transition into a better and sleeker version by the first quarter of 2025. Dubbed Zilliqa 2.0, the journey to transition from the old mainnet is already underway following the recent launch of the Aventurine Proto-mainnet to enabl

Coinspeaker Polygon Squashes $1B Stablecoin Reserve for Yield Plans

After a few days of considering a preliminary proposal related to its stablecoin reserve, Polygon community members have rejected the idea. The protocol made this decision after considering feedback, including certain security concerns.

Aave’s Reaction to Stablecoin Reserve Proposal

The Decentralized Autonomous Organization (DAO) also highlighted the absence of an opt-in mechanism for affected users. This further cast doubt o

Coinspeaker Binance Unveils First Five Blockchain Projects on Binance Alpha 

Binance, the world’s largest cryptocurrency exchange, has introduced the selected projects for its new blockchain initiative Binance Alpha. Developed within the Binance ecosystem, the platform aims to provide users with early access to promising projects in their initial stages, offering a glimpse into ventures with high growth potential.

Binance Alpha also serves as a pre-listing token selection pool, allowing users

Coinspeaker WazirX (WRX) Crashes 60 % on Binance Delisting and Legal Troubles

WazirX’s WRX token plummeted by over 60% in a single day following Binance’s announcement to delist the cryptocurrency, according to CoinMarketCap. The token’s value dropped sharply from a 24-hour peak of $0.2490 to a low of $0.09893. However, trading volume saw an 18.80% gain, settling at $31.18 million during the same timeframe.

Binance attributed the delisting decision to its stringent asset evaluation process, wh

Coinspeaker Why Charles Hoskinson Wants Cardano Foundation to Relocate from Switzerland

Cardano founder Charles Hoskinson has recently asked the Cardano Foundation to consider its relocation from Switzerland to other jurisdictions like Abu Dhabi and Wyoming wherein it would allow users to choose their board members.

Charles Hoskinson made this pitch in his recent social media post on the X platform asking Cardano community members to question the Foundation about its board structure as well as

Coinspeaker Solana Outpaces Ethereum and BSC, SOL Price Targets $250

Solana is holding on to crucial support as the crypto market slowly recovers after a massive correction in the starting hours. Currently trading at $216.95, Solana registers an intraday fall of 0.37%. Despite the slight decline, Solana continues to exhibit strong fundamentals and resilience.

Despite the pullback in the Solana price SOL $216.1 24h volatility: 3.4% Market cap: $103.63 B Vol. 24h: $7.68 B , the network growth re

Coinspeaker Ledger Wallet Crypto Users Targeted in Latest Phishing Scam

The widely used cryptocurrency hardware wallet Ledger has been seeing a fresh phase of phishing scams. Cybercriminals are sending fake emails that mimic official communications, attempting to trick wallet users into revealing their recovery phrases.

These scams have spurred up recently amid heightened security concerns and the surge in crypto transactions during the holiday season. In its latest report, Bleeping Computer s

Coinspeaker Will Ethereum Price Bounce to $4,420 as ETH ETF Assets Hit $14B?

With the crypto market witnessing a surge in volatility as Bitcoin BTC $104 741 24h volatility: 2.1% Market cap: $2.07 T Vol. 24h: $103.03 B slips below $104,000, the Ethereum price ETH $3 861 24h volatility: 3.7% Market cap: $465.06 B Vol. 24h: $37.97 B takes a massive hit. Crashing down to almost below the $3800 level, the underlying bullish dominance holds the breakdown rally.

With more than $400 million worth of l

Coinspeaker $420 Million in Crypto Liquidation as Bitcoin (BTC) Price Falls

The price of Bitcoin BTC $105 160 24h volatility: 1.4% Market cap: $2.08 T Vol. 24h: $105.94 B has seen a slight drop that has triggered some liquidation in the crypto market. As BTC lost 2.99% of its price gain to trade at $104,027.71, 165,326 traders suffered liquidations. The combined liquidation figure topped $420 million. According to data from CoinGlass, the largest single liquidation occurred on the Binance excha

Coinspeaker ASIC Sues Binance Australia for Misclassifying Retail Investors

The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance Australia Derivatives, accusing the crypto exchange of misclassifying more than 500 retail investors as wholesale clients.

According to an announcement on Wednesday, the alleged misclassification, which occurred between July 2022 and April 2023, resulted in customers being denied essential consumer protections under Australi

Coinspeaker Metaplanet Becomes Bitcoin Treasury Company, Registers First Profit since 2017

Public-listed firm Metaplanet, also popular as Japan’s MicroStrategy announced the launch of its new Bitcoin Treasury operations business line, with the goal of heavily accumulating the digital asset as part of its financial management strategy.

The announcement notes that Metaplanet’s Board of Directors has initiated Bitcoin treasury management as a key strategic focus. Metaplanet’s new “Bitcoin First,