Tron memecoin deployer ‘SunPump’ tops $1M in revenue 11 days after launch
After 11 days of operation — including a brief downtime — memecoin platform SunPump has helped create over 18,000 memecoins. Go to Source
Crypto Ecosystem
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Babylon Launches Trustless Bitcoin Staking Protocol on Mainnet
Babylon has launched its bitcoin staking protocol on mainnet, marking a significant step in integrating Bitcoin’s security into proof-of-stake (PoS) ecosystems. The launch is set to provide bitcoin holders with new staking opportunities, leveraging the network’s decentralized nature. Bitcoin Staking Protocol by Babylon Goes Live Babylon‘s mainnet launch introduces a staking protocol that allows bitcoin … Read more
Ethereum at 9: Industry leaders reflect on the ecosystem
As Ethereum celebrates its ninth anniversary, we reflect on its transformative journey and share nine key insights from leading executives. Go to Source
CryptoSlam founder says new SlamNet ecosystem aims to solve Web3 fragmentation
CryptoSlam founder and CEO Randy Wasinger believes Web3 is becoming too fragmented for developers and users and plans to solve the issue with a new platform. Go to Source
Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues
According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO stated that a stablecoin “built under a robust banking-grade structure” will be a key element to increase trust and confidence in … Read more
Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say
Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning crypto ecosystem.” Crypto as a … Read more
If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits
The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within the crypto ecosystem serves as a glaring reminder that cryptocurrencies and blockchain technology … Read more
Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’
Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,” the bank said, “This is growing, this is mainstream, and it’s not just bitcoin.” Bank of … Read more
South African Exchange Sets New Crypto Withdrawal Limits — Restrictions ‘a Deterrent for Illicit Actors’
One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement, Luno has so … Read more
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by the end of this year. Strategy for Crypto Market … Read more
