Cardano Q4 2023 Report: TVL Growth and ADA Price Surge Outshine Competitors

With the thawing of crypto winter, the Cardano ecosystem saw a significant increase in USD total value locked (TVL), soaring 166% quarter-on-quarter and 693% year-on-year. Cardano (ADA) showed notable progress during the fourth quarter (Q4) of 2023, outperforming its competitors and demonstrating impressive growth across key metrics, according to a report by Messari. Average Daily […]

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South Korea Will Expel Cryptocurrency Exchanges That Do Not Comply with Its Strict Conditions

Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit explained that its annual work plan incorporates the insights of cryptocurrency experts serving on its advisory committees. South Korea’s Financial Intelligence Unit (FIU) announced on February […]

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Bitcoin Surpasses $52,000 and Recovers a Market Capitalization of $1 Trillion

Bitcoin bulls have come back, with the world’s leading cryptocurrency surging past $52,000 on Wednesday following a long pause. Bitcoin bulls are back in charge, with the world’s top cryptocurrency topping $52,000 on Wednesday, reclaiming its trillion-dollar market cap glory after a 26-month hiatus. This rally follows a brief dip below $50,000 triggered by better-than-expected […]

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CoinShares Reached Revenue of USD 108.4 Million in 2023, and other News

A recent report indicates that CoinShares reached revenues of USD 108.4 million in 2023, showing a recovery compared to 2022. In its revealing Q4 2023 report, digital asset investment platform CoinShares highlights a robust financial year, generating a total revenue of USD 108.4 million in all of last year, according to published data. In the […]

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Bullish Pays Up to $80 Million to Acquire CoinDesk and Replaces Several Managers, Including CEO Kevin Worth

Bullish’s acquisition of CoinDesk has led to some changes, including the departure of the CEO and other key personnel. “CoinDesk will remain an independent subsidiary of Bullish and Sara is committed to maintaining CoinDesk’s independence and journalistic integrity,” a CoinDesk spokesperson said. Global cryptocurrency exchange Bullish has reached an agreement to acquire online crypto outlet […]

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