NFTs hit $562M in monthly sales volumes, recording six-month high
    02 Dec 2024
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    Non-fungible tokens (NFTs) have maintained their monthly sales momentum, surging by 57.8% in November as digital collectibles continue to recover. On Dec. 1, data company CryptoSlam showed that NFTs recorded $562 million in sales in November, a substantial increase in volume from October. CryptoSlam data also indicates that November’s monthly sales volume for NFTs is the highest…

    Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss
    02 Dec 2024
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    The former head of Meta’s (previously Facebook) blockchain payments solution, Diem, has revealed the project ended after insurmountable political pressure from United States regulators. “There was no legal or regulatory angle left for the government or regulators to kill the project. It was 100% a political kill, one that was executed through intimidation of captive…

    Ripple’s XRP token flips Solana’s market capitalization
    02 Dec 2024
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    Ripple’s XRP token flipped Solana’s market capitalization for the first time during the current market cycle on Dec. 1, making XRP the fourth-largest cryptocurrency by market cap. According to data from CoinMarketCap, XRP currently has a market cap of over $122 billion at the time of this writing, compared to Solana’s $111.9 billion. Ripple’s native…