Hyperliquid is facing backlash due to its decentralization issues, particularly around validator participation and transparency. Despite the criticisms, Hyperliquid defends its system and announces plans to improve decentralization.
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Month: January 2025
Starknet Releases SN Stack Allowing Devs to Launch Appchains
Starknet unveils SN Stack, a versatile toolset enabling developers to create custom appchains. With Madara, Dojo, and StarkWare Sequencer, the suite combines ZK-STARK cryptography for secure and scalable blockchain solutions, addressing on-chain gaming and diverse appchain needs.
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Cardano Price Slumps Under $1 – Time to Buy the Dip?
The Cardano (ADA) price has slumped back below $1.0 as cryptocurrency markets take a beating amid concerns about an ominous rise in long-term US government bond yields.
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China to Adopt Blockchain Technology for National Data Infrastructure by 2029
China announces a national data infrastructure initiative, leveraging blockchain technology to enhance transparency and trustworthiness in data management. The plan includes 5G-A upgrades, future 6G research, and aims to attract over $54.5 billion in annual investments, reinforcing its global digital economy role.
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Movement Labs Close to Raising $100M Reaching $3B Valuation: Report
Movement Labs, a blockchain developer founded in 2022, is reportedly closing a $100M funding round led by CoinFund and Brevan Howard Digital, boosting its valuation to $3B. The funds aim to support global scaling and growth in the Asia-Pacific region.
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Shiba Inu Burn Rate Explodes 2,133% – Is This the Start of a Massive Rally?
Crypto’s second biggest doge-themed meme coin, the $12.6 billion Shiba Inu ($SHIB), has experienced a significant 2,133% surge in its burn rate, which coincided with a 10% increase in price. The community says these burns are helping $SHIB keep its place among the best meme coins even as the top ten leaderboard gets a reshuffle. […]
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Why Is BONK Crashing? Major Losses Hit Meme Coins as Bitcoin Drops Below $100K
Bonk has dived by 14% in the past 24 hours, falling to $0.00002959 as the crypto market drops by 8% in response to positive US economic data.
The post Why Is BONK Crashing? Major Losses Hit Meme Coins as Bitcoin Drops Below $100K appeared first on Cryptonews. …
Worldcoin Skyrockets as Sam Altman’s AGI Rumors Spark AI Frenzy – Could This Be 2025’s Biggest Trend?
Worldcoin co-founder Sam Altman’s rumours of a nearing AGI Breakthrough, claiming capabilities to create AI comparable to human intelligence, sparked a Worldocin rally during Monday trading.
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PEPE Whale Dumps $4.54M – Is This the Start of a Meme Coin Sell-Off?
One large whale holding millions of PEPE tokens dumped a significant portion of its holdings earlier this week, possibly to lock in some of the profits that this meme coin produced throughout most of 2024. According to data from SpotOnChain, this wallet got rid of 217 billion $PEPE tokens that were worth $4.54 million at […]
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SoSoValue Secures $15M Series A Funding for Spot Index Protocol Development
SoSoValue announced $15M in Series A funding to support the development of its SSI protocol, designed to offer tokenized indices for diversified crypto investments. The round was co-led by HSG and SmallSpark, with additional backing from Mirana Ventures and SafePal.
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