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Pump.fun's Monthly Revenue Hits $93 Million

Pump.fun’s Monthly Revenue Hits $93 Million

The Solana-based platform for launching and trading meme tokens, Pump.fun, achieved a record revenue of $93 million in November, according to data from DeFi Llama.

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Military Rule Sends South Korean Crypto Market into Tailspin

Military Rule Sends South Korean Crypto Market into Tailspin

On December 3, the South Korean crypto market plummeted following the imposition of martial law in the country. This was reported by journalist Colin Wu. Breaking: The all Korean won trading pairs on Korean exchanges suddenly began to plummet, with Bitcoin even falling to $79,167 and XRP falling to $1.89. They are now recovering. https://t.co/ddi2RcNnXu […]

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Analyst Warns of Potential Bitcoin Correction to $90,000

Analyst Warns of Potential Bitcoin Correction to $90,000

Recent patterns in Bitcoin’s chart suggest a possible reversal of the upward trend and a price correction, according to technical analyst Ali Martinez. #Bitcoin $BTC could be forming a head-and-shoulders pattern, which could trigger a price correction to $90,000! pic.twitter.com/mWLDabsYRV — Ali (@ali_charts) December 3, 2024 On December 3, the expert noted that a bearish […]

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AI User Base in China Reaches 230 Million

AI User Base in China Reaches 230 Million

The number of users of artificial intelligence solutions in China reached 230 million by the end of June, reports SCMP, citing the CNNIC. Baidu’s Ernie bot is the most widely used product, accounting for 11.5% of users. It can generate text in Chinese and other languages, analyze data, summarize information, write articles, assist in programming, […]

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Bitcoin Mining Difficulty Reaches Record 103 Trillion

Bitcoin Mining Difficulty Reaches Record 103 Trillion

Following the latest recalibration, the difficulty of mining the leading cryptocurrency increased by 1.59%, setting a new high at 103.9 T. Source: CloverPool. The average hash rate since the previous adjustment was 832.7 EH/s, with block intervals of less than nine minutes. According to Glassnode, the smoothed 7-day moving average of network power reached a […]

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Bitfinex Predicts Bitcoin Surge Beyond $100,000 by Year-End

Bitfinex Predicts Bitcoin Surge Beyond $100,000 by Year-End

Bitcoin concluded November with a 37.3% increase and is poised to reach six-figure levels in December due to favourable seasonality, according to Bitfinex. Analysts’ calculations show that historically, in halving years, the asset appreciated by an average of 38.9% in this month. Data: Bitfinex. Experts cautioned that the growth will be volatile, linked to profit-taking […]

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Nike to Close NFT Studio RTFKT by 2025

Nike to Close NFT Studio RTFKT by 2025

Nike’s acquired NFT project, RTFKT, will cease operations by the end of January 2025. All issued tokens will remain in circulation. pic.twitter.com/ySShPa0I7r — RTFKT (@RTFKT) December 2, 2024 The studio specialized in creating digital collectibles for metaverses. By the time of its acquisition, RTFKT had gained a reputation as a promising startup. Amid the NFT […]

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Bitcoin Holders' Balances Reach Lowest Level Since July 2022

Bitcoin Holders’ Balances Reach Lowest Level Since July 2022

The number of coins held by long-term investors has decreased to 12.45 million BTC, marking the lowest point since July 2022, according to data from IntoTheBlock. Bitcoin long-term holders are gradually reducing their balances, now holding 12.45 million BTC—the lowest level since July 2022. So far, this decline is less severe than in past cycles. […]

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Coinbase Severs Ties with Law Firms Employing Former SEC Officials

Coinbase Severs Ties with Law Firms Employing Former SEC Officials

The American company Coinbase will cease working with law firms that have hired former SEC employees who opposed cryptocurrencies, according to CEO Brian Armstrong. We’ve let all the law firms we work with know, that if they hire anyone who committed these bad deeds in the (soon to be) prior administration, we will no longer […]

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Record High for BNB Chain Blocks Affected by 'Sandwich Bots'

Record High for BNB Chain Blocks Affected by ‘Sandwich Bots’

In November, 35.5% of blocks in the EVM-compatible BNB Chain were subjected to ‘sandwich attacks’, marking a record level. This is indicated by data from a dashboard on Dune. Data: Dune. During the week from November 17 to 25, 645 active MEV bots were recorded on the blockchain. Their actions affected 43,397 traders—6.2% of the […]

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Arthur Hayes Predicts a Resurgence of ICO's

Arthur Hayes Predicts a Resurgence of ICO’s “Glory Days”

Current projects focus on meeting the demands of exchanges and venture funds. Meme coins have become a counterbalance to projects backed by venture companies. Former BitMEX CEO Arthur Hayes proposed a roadmap for the return of ICOs. Amidst the growing dominance of venture investors and centralized platforms, there is a call to return to the […]

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World Labs Unveils AI Tool for Generating 3D Scenes

World Labs Unveils AI Tool for Generating 3D Scenes

World Labs, a startup founded by AI pioneer Fei-Fei Li, has introduced an AI system capable of generating 3D scenes from a single image. We’ve been busy building an AI system to generate 3D worlds from a single image. Check out some early results on our site, where you can interact with our scenes directly […]

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