Solana Surpasses Ethereum’s 8-Year Dominance as Leading Ecosystem for New Developers
In a significant shift within the blockchain space, Solana has overtaken Ethereum as the leading ecosystem for attracting new developers, breaking Ethereum’s eight-year dominance. While Ethereum remains the global leader in overall developer activity, this development marks a major milestone for Solana. Solana’s Rapid Growth in Developer Interest According to a December 12 report by […]
Binance Records $24 Billion in Inflows from 250M Users in 2024
Global cryptocurrency platform Binance has amassed over $24 billion in user deposits throughout 2024, according to data compiled by DefiLlama. In a recent update, Binance highlighted its inflows outpacing the combined total of 10 rival exchanges. The company attributed this remarkable growth to increased global interest in cryptocurrencies, fueled by regulatory breakthroughs, record-setting price movements, […]
Bitcoin ETF Promotions Appear on China’s Alipay Platform
Alipay, China’s leading payment platform with over 1 billion users, has reportedly displayed advertisements promoting Bitcoin and cryptocurrency investments to users in mainland China. According to a report by local news outlet Sina Finance on Dec. 12, mainland users noticed ads for spot Bitcoin exchange-traded funds (ETFs) on their Alipay homepage. The promotional content highlighted […]
Coinbase Plans to Remove Tether’s USDT Stablecoin from European Markets
As the enforcement deadline for European crypto regulations approaches, exchanges across the region are preparing to delist stablecoins that fail to meet compliance standards. Coinbase’s European branches—Coinbase Europe, Coinbase Germany, and Coinbase Custody International—are set to remove Tether’s USDT and five other stablecoins from their platforms on December 13. The announcement was made by Coinbase […]
Texas Legislator Introduces Bill to Create State Bitcoin Reserve
A member of the Texas House of Representatives has introduced a bill aimed at creating a Bitcoin reserve within the state’s treasury system. The proposed legislation, informally called the “Texas Strategic Bitcoin Reserve Act,” was filed by Representative Giovanni Capriglione on Dec. 12. The bill suggests that Bitcoin be held as a reserve asset by […]