A recent survey by the cryptocurrency exchange Paribu reveals that some investors in Turkey now prefer cryptocurrencies over traditional investment options like real estate and stocks. The “2024 Cryptocurrency Awareness and Perception Survey” survey aimed to highlight developments in Turkey’s crypto ecosystem. It included 2,002 interviews with individuals familiar with cryptocurrency and 541 interviews with those who…

Stablecoin issuer Tether has announced that its United Arab Emirates dirham-pegged stablecoin will be launched on The Open Network (TON) blockchain. At the TON Gateway event held in Dubai, Alessandro Giori, Tether’s senior strategic partnership manager, announced that its dirham stablecoins, announced earlier this year, will be launched on the TON blockchain. On Aug. 21,…

Let’s be honest — DeFi is still pretty confusing for the masses. Navigating multiple platforms, understanding complex protocols, and managing assets across blockchains can be overwhelming. This raises an important question: Is there a way to simplify the decentralized finance (DeFi) experience without sacrificing its core advantages? Well, there is a way for users to set their…

Shares in crypto exchange Coinbase Global Inc (COIN) have experienced its largest significant single-day decline in over two years after its latest earnings missed analyst estimates alongside a stock market plummet. However, traders are confident that the stock will make a strong comeback in 2025. On Oct. 31, COIN closed the trading day at $179.25,…

Changpeng “CZ” Zhao, the co-founder and former CEO of Binance, is optimistic about the future of global crypto regulations ahead of the upcoming United States presidential election. Cryptocurrency regulations are heading in a promising direction worldwide, Zhao said during his first public speech since his release from prison in the US. During an Oct. 31 fireside…

While Solana has received inflows from other blockchains, a large portion of that value made it back to Ethereum, according to Michael Nadeau, founder of The DeFi Report. In an X post, Nadeau said that Solana needs to pull total value locked (TVL) from Ethereum and layer-2 networks. He wrote: “[…] But the only thing that really…

BlackRock’s spot Bitcoin exchange-traded fund (ETF) has surpassed $30 billion in holdings, reflecting increasing demand for the world’s leading cryptocurrency. The world’s largest asset manager reached the $30 billion mark less than 10 months after launching its Bitcoin ETF, which began trading on Jan. 10. BlackRock currently holds more than 417,000 Bitcoin worth over $30.4…

Stablecoins seem to be increasing demand for short-term United States government bonds known as Treasury bills, according to US Department of the Treasury meeting minutes published Oct. 30. In an Oct. 29 meeting, the US Treasury’s Borrowing Advisory Committee weighed the benefits of stablecoin adoption and Treasury bill tokenization, with one member suggesting the US…

On Oct. 29, Starknet, a layer-2 (L2) scaling solution on Ethereum, achieved a new milestone by reaching a peak of 857 transactions per second (TPS) in a controlled stress test. The test averaged 127.5 TPS over a 24-hour period, showing the network’s potential to support high-demand blockchain applications, but also raising questions about long-term scalability….

The adoption of cryptocurrencies is accelerating, demanding a scalable and reliable bridge between traditional finance (TradFi) and decentralized finance (DeFi). Global fintech firm Unlimit aims to simplify the exchange between fiat and digital currencies for businesses and users with its crypto on-ramp and off-ramp solution. In this interview, Bryan Feng, head of crypto at Unlimit, explores the…