Global

Japanese investment firm Metaplanet Inc. has announced the acquisition of an additional 57.273 bitcoin, valued at approximately 500 million yen ($3.4 million).

Cardano (ADA), a blockchain platform known for its scientific approach to development and emphasis on peer-reviewed research, has seen a dramatic decline in its market value since September 2021. As of August 2024, ADA is down approximately 90% from its peak value.

Satoshi Nakamoto, the elusive figure behind Bitcoin, remains one of the most intriguing mysteries in the world of cryptocurrency. Despite the massive impact of his creation, the true identity of Nakamoto is still unknown, and his vast stash of Bitcoin has fueled endless speculation.

In a surprising turn of events, XRP, the cryptocurrency associated with Ripple Labs, is facing difficulties in gaining traction even after reaching a significant settlement with the U.S. Securities and Exchange Commission (SEC).

Bitcoin miners are currently grappling with severe financial challenges, driven by decreased block rewards following this year's halving and an all-time low hash price.

Decentralized Finance (DeFi) has emerged as a revolutionary sector within the blockchain space, offering new paradigms for financial services. Among the various DeFi applications, lending and borrowing platforms stand out for their ability to disrupt traditional banking systems by providing decentralized alternatives.