Coinbase’s Ethereum layer-2 network, Base, briefly became the top blockchain for stablecoin transactions, claiming a 30.06% market share and processing over $18.1 billion in volume. It outpaced competitors like Solana, Ethereum, and Tron, according to data from Artemis Terminal. Following Base, Solana secured 25% of the stablecoin volume, while Ethereum and Tron accounted for 20%
As the fourth quarter of 2024 begins, Ethereum continues to stand out as one of the most promising ecosystems in the crypto space. With its innovative platform for decentralized applications (dApps) and constant innovation, Ethereum’s growth potential remains strong. Meanwhile, new projects like the MemeFi gem, Cutoshi, are gaining attention for their unique approach within
At a rally in New York’s Madison Square Garden, Elon Musk claimed he could cut at least $2 trillion from the federal budget if Donald Trump wins the 2024 election. “Your money is being wasted,” Musk declared, promising to “get the government off your back and out of your pocketbook.” Trump has proposed that Musk
While most forecasts agree that a Donald Trump victory would favor the crypto market more than a Kamala Harris win, the impact on the meme coin sector remains a topic of debate. A professor from Columbia Business School suggests that meme coins could face a downturn if Trump wins the election. How Will The Election
Tether CEO Paolo Ardoino recently disclosed that the company holds a significant amount of Bitcoin and gold as reserve assets for its USDT stablecoin. This revelation comes as Tether is also advancing work on an AI software development kit (SDK). Tether’s USDT Bitcoin and Gold Reserves On October 26, UQUID CEO Tran Hung revealed details
GOAT price has been riding a strong uptrend, recently reaching a new all-time high. This rapid ascent, however, might face turbulence, as the coin saw a sharp 24% dip, raising concerns about a potential drawdown. The recent price drop has investors questioning whether the bullish momentum can be sustained or if a deeper decline lies
The biggest deal this week wasn’t a venture capital raise. Instead, it was the announcement that Stripe is buying stablecoin platform Bridge for $1.1 billion. There’s been a lot written about the deal and what it means, and we wrote about it from numerous angles here at Blockworks focusing on the Solana impact, what it
The co-CEO and chief technology officer of crypto market maker GSR have exited the firm, the company revealed this week. Rich Rosenblum, who co-founded the company more than a decade ago, has stepped down “to pursue entrepreneurial opportunities,” GSR said in a Wednesday X post. “His visionary leadership and innovative approach have played a pivotal
MetalCore is making a move from the Immutable zkEVM chain to Solana. Currently in closed beta, MetalCore is a futuristic shooter game involving tactical warfare on vehicular combat with prehistoric monsters in a post-apocalyptic world. MetalCore is developed by Studio369. The team will be leveraging Solana Lab’s GameShift platform that offers a marketplace with integrated
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe . We already know MicroStrategy loves bitcoin. How about Microsoft? To catch you up, a Thursday filing showed a proposal the National Center for Public Policy Research intends to submit for consideration at Microsoft’s annual meeting. It notes a corporation’s “fiduciary