Trading volumes on the Solana-based decentralized exchange Jupiter have topped the charts at $480 million in the last 24 hours — amid a frenzy for a new memecoin airdrop and heightened stablecoin swaps. The trading activity has even seen Jupiter beat out the Ethereum-based volumes on Uniswap from both V2 and V3 protocols by $10…
A smart contract hosted on a blockchain autonomously executes once all the specified terms or conditions in a contract or agreement are satisfied, negating the need for intervention by an intermediary. The terms of the contract are written in machine-readable code. Once the smart contract is complete, it is irreversible and legally binding, raising the question: Is…
On Monday, Google is set to update its policies allowing certain cryptocurrency products to be advertised on the major search engine. Bitcoin exchange-traded funds (ETFs) appear likely to meet the criteria, sparking speculation within the crypto industry. In December 2023, Cointelegraph reported that Google’s crypto and related ads policy will be revised on Jan. 29, to allow…
The chair of the Commodities Futures and Trading Commission (CFTC), Rostin Behnam, believes there is a risk of the recent approval of spot Bitcoin exchange-traded funds (ETFs) to be misinterpreted as firm regulations in place for Bitcoin and other cryptocurrencies in general. In a keynote speech on Jan. 26, Behnam clarified there is a potential for retail and…
Football superstar Cristiano Ronaldo delivers on some promises to holders of his nonfungible tokens (NFTs) despite some ongoing efforts to take the sports legend to court in the United States. On Jan. 25, crypto exchange Binance released a video of Ronaldo playing football with several fans and holders of his NFTs. Along with fellow Binance endorser Khaby Lame and…
BNB, the native token of BNB Chain, began a recovery on Jan. 26, rising by 3% to reclaim the $300 level. Although BNB remains weak, the ongoing recovery is backed by increasing network activity. New Binance launchpad product and a surge in DApp activity A significant portion of the BNB token’s value comes from reduced trading fees…