BENGALURU, December 20, 2024 – The heart of India’s tech hub witnessed an extraordinary celebration as Orbis86 hosted the highly anticipated Web3 Awards Night & Mixer. Sponsored by Hedera, this evening of glitz, innovation, and collaboration brought together a stellar lineup of blockchain leaders, innovators, and enthusiasts at the iconic Hard Rock Cafe, Whitefield. This exclusive event marked a milestone in India’s Web3 ecosystem, recognizing outstanding contributions and fostering connections

Web3 entertainment and gaming has seen several iterations and ground-breaking innovations on blockchain. But it still leaves room for further innovation as blockchain’s potential remains underdeveloped.

XProtocol has emerged as a phenomenon with its blockchain solution that redefines how users interact with the digital ecosystems.

The blockchain possesses a comprehensive entertainment-focused DePIN (Decentralized Physical Infrastructure Network) superchain designed to deliver a whole new exper

In the fast-paced world of cryptocurrency, stability and growth often feel like a paradox. But with BDTCOIN, the rules are being rewritten. As the first gold-backed cryptocurrency, BDTCOIN offers unparalleled security and growth potential, making it the best gold-backed cryptocurrency for secure crypto investment and a high-growth crypto asset. And with its imminent listing on a major crypto exchange, the clock is ticking for investors to grab a piece of this groundbreaking digital asset before

In a significant technological development toward security and decentralisation, Gala Games is revolutionizing its blockchain infrastructure by transitioning GalaChain from a Raft consensus mechanism to a more robust Byzantine Fault Tolerance (BFT) consensus algorithm.

GalaChain is the first hyperledger fabric chain to release this update and this strategic migration represents a critical step towards creating a more secure and decentralized blockchain environment.

The transition is currently

Zug, Switzerland, December 19th, 2024, Chainwire

Acurast, a leader in decentralized confidential cloud computing, announces the launch of Acurast Processor Lite for iOS, now available on the Apple App Store. This application allows iPhone users to share their device’s computing power with Acurast’s decentralized confidential cloud network, offering an opportunity to earn rewards in return.

By harnessing the advanced processors in mobile devices, Acurast makes it possible for regular phones to

Vilnius, Lithuania, December 20th, 2024, Chainwire

Europe’s leading cryptocurrency exchange, WhiteBIT, concludes the year with notable achievements. The latest estimates reveal the company’s capitalization has reached $38.9 billion, while the annual trading volume surged to $2.7 trillion — a 200% increase compared to the previous year. These figures encompass all exchange markets (spot and futures), showcasing the company’s rapid growth and the increasing trust of its users.

For context, White

Strengthened editorial integrity and global expansion pave the way for being the most credible crypto news source

SINGAPORE, Dec. 19, 2024 /PRNewswire/ — Foresight Ventures is celebrating a year of remarkable success following its $70 million acquisition of The Block, a leading cryptocurrency media outlet. This investment underscores Foresight Ventures’ commitment to advancing credible, unbiased reporting in the rapidly evolving crypto industry.

The acquisition was guided by three key principl

London, UK, December 19th, 2024, Chainwire

Harbour, in partnership with Velocity Labs, announces the launch of their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient, low-cost payment solutions.

Magic Ramp allows Euros to be sent from any bank account and received as USDC on-chain in less than 30 seconds, with minimal fees while funds held in Web3 wallets c

Ripple’s XRP has soared over 115% in a month, thrilling the crypto world with talks of an $18 price target. Yet, as investors are hunting for the next crypto moonshot in 2025, 1FUEL’s presale has quietly become the ultimate play. 

1FUEL presale’s first stage sold out at lightning speed, rewarding early adopters with a 20% price boost and raising over $600k. Could this emerging gem be the best cryptocurrency to invest in right now? Let’s find out.

 

Can XRP hit $18? The post-election rally’s c

World Liberty Financial (WLFI), a growing player in decentralized finance (DeFi), has announced a collaboration with Ethena Labs to explore integrating the sUSDe token as collateral on its Aave-backed platform. This strategic move, reported by The Block, underscores WLFI’s commitment to expanding its offerings and enhancing user experiences in the DeFi ecosystem.

WLFI’s governance community will vote on the proposed integration this week, marking a critical step in the platform’s evolution sinc

In a groundbreaking financial transaction, BlackRock’s iShares MEAR ETF has purchased $6.5 million in municipal bonds issued by Quincy, Massachusetts, via JPMorgan’s blockchain platform. This marks the first instance of municipal debt being issued, settled, and held entirely on blockchain technology. The deal, reported by Bloomberg, signals the transformative potential of blockchain in capital markets and its role in modernizing the municipal bond market.

A Historic Deal in the Municipal Bond M

MicroStrategy (NASDAQ: MSTR), a trailblazer in corporate Bitcoin (BTC) investments, has announced impressive results for its treasury operations this quarter. Founder Michael Saylor revealed on X (formerly Twitter) that the company achieved a 46.4% Bitcoin yield quarter-to-date, amounting to 116,940 BTC. At Bitcoin’s recent trading price of $105,000, this performance translates into a staggering net benefit of $12.28 billion.

This remarkable yield reflects the company’s strategic acumen in mana

Crypto.com, a leading cryptocurrency exchange, has made headlines by voluntarily withdrawing its lawsuit against the U.S. Securities and Exchange Commission (SEC). The legal challenge, which questioned the SEC’s authority over certain digital assets, was dropped shortly after a high-profile meeting between Crypto.com CEO Kris Marszalek and President-elect Donald Trump.

The meeting, held at Trump’s Mar-a-Lago estate on December 16, 2024, focused on fostering crypto-friendly policies, including t

The Hong Kong Securities and Futures Commission (SFC) has taken another significant step toward regulating the cryptocurrency sector. On December 18, 2024, the SFC announced that it had issued conditional licenses to four virtual asset trading platforms. The licensed exchanges—Accumulus GBA Technology (Hongkong) Co., Limited, DFX Labs Company Limited, Hong Kong Digital Asset EX Limited, and Thousand Whales Technology (BVI) Limited—are required to fulfill strict regulatory obligations before comm

The Crypto Fear & Greed Index, a popular gauge of market sentiment, has fallen to 75, signaling a shift from the “Extreme Greed” zone to the “Greed” zone. The index, provided by software development platform Alternative, measures emotions and attitudes in the cryptocurrency market on a scale from 0 (Extreme Fear) to 100 (Extreme Greed).

As of December 19, 2024, the index is down six points from the previous day, reflecting weakened sentiment amidst market fluctuations. The decline comes at a ti

During a post-FOMC press conference on December 19, 2024, Federal Reserve Chair Jerome Powell clarified that the Federal Reserve cannot hold Bitcoin (BTC) as a reserve asset and does not anticipate a policy shift in this regard. Powell emphasized that decisions about incorporating Bitcoin into the U.S. reserve system fall squarely within the jurisdiction of Congress.

This statement addresses growing speculation about the potential role of Bitcoin in the U.S. monetary system, particularly follow

In a significant development, the High Court in Delhi has directed a re-investigation into the hacking of Indian cryptocurrency exchange WazirX, rejecting the initial findings of local police that no criminal case could be substantiated. The court has instructed law enforcement to submit an updated status report by February 2025, according to a report by CryptoSlate.

This decision comes amidst mounting concerns over the platform’s security vulnerabilities and financial risks, exacerbated by Bin

The Federal Reserve’s dot plot, a key tool for forecasting interest rate trends, reveals that the Federal Open Market Committee (FOMC) anticipates an additional 0.5% rate cut in 2025. This projection comes on the heels of today’s 0.25% reduction, which lowered the federal funds rate to 4.5%. The December dot plot showcases the collective expectations of FOMC members, shedding light on the Fed’s long-term strategy to navigate evolving economic conditions.

What is the Dot Plot?

The dot plot is a

The Federal Reserve has announced a 25-basis-point reduction in interest rates, bringing the federal funds rate to 4.5%. This marks the third consecutive rate cut since September’s 50-basis-point adjustment. The move, anticipated by market analysts, reflects the central bank’s ongoing efforts to balance economic growth with inflation management.

Tree News reported the decision on X (formerly Twitter), emphasizing its alignment with market forecasts and the Fed’s strategy to navigate evolving ec

As cryptocurrency markets maintain their momentum from a dynamic 2024, experts at CoinDesk foresee three major trends shaping the industry in 2025: a surge in decentralized finance (DeFi) adoption, the expansion of stablecoins, and an influx of retail participation driven by technological advancements and regulatory clarity. Additionally, Europe’s MiCA regulation is expected to catalyze cross-border crypto innovation.

Here’s a detailed look at what 2025 could bring to the crypto ecosystem and i