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🗞️ Binance will list the PEPE and FLOKI memescoins.
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Electric Capital released a report on developer activity, showing that Ethereum remains the largest developer ecosystem, with over half of the activity occurring on Layer 2. Asia is the region with the highest number of developers, with India accounting for 17% of new developers. However, Solana emerged as the leader in 2024, in terms of new developers, outpacing Ethereum for the first time since 2016. 7,625 out of 39,148 new developers chose Solana, representing 83% increase year-over-year.
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Hamster Kombat has lost another 18m players in the past month, bringing its player count down to 23m, a 92% drop since July. The game’s token volume has also plunged by nearly 97%, from $1.5bn in November to around $52m today, with the expected updates and features, including "NFT mechanics" and “season 2,” still missing.
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Base saw the highest net inflows at $2.7bn year-to-date, while Ethereum saw the highest net outflows at $7.4bn.
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Australia's Federal Court has fined Bit Trade, the operator of Kraken Australia, $5.1m for regulatory breaches, including failing to comply with design and distribution obligations and offering unlicensed credit facilities. The fine follows a lawsuit from the Australian Securities and Investments Commission (ASIC), which found that Kraken's margin extension product harmed over 1,100 Australians, with some losing millions of dollars.
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Cryptocurrency fund advertisements have appeared on the homepage of Alipay, China's largest payment platform with over 1bn users. The main investment is in Ark Invest ETF through QDII-FOF-LOF, with indirect investment in Coinbase and the Ark Bitcoin Spot ETF. Every Chinese user can buy up to 1,000 yuan ($137.7) worth per day.
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