Author: James Wilson

In 2024, BNB’s market cap more than doubled to $101 billion, while annual revenue reached $234 million, making BNB Smart Chain one of the top Layer-1 blockchains by earnings. According to the State of BNB Chain Q4 2024 report by Messari, BNB’s market cap rose 22% quarter-over-quarter to $101 billion in Q4 2024, more than doubling over the year. Despite strong growth, BNB slightly underperformed BTC, which recorded a 122% annual increase. Source: State of BNB Chain Q4 2024 Report by Messari Network revenue also climbed, reaching $44.6 million in Q4—up 28% from the previous quarter. In BNB terms, revenue…

Flare and Google Cloud are betting on decentralized AI as they launch a hackathon with a $100,000 prize pool at UC Berkeley. The data-focused network Flare (FLR) and Google Cloud are teaming up for the Verifiable AI Hackathon at UC Berkeley, where developers will compete to build AI applications that combine off-chain processing and blockchain technology, crypto.news can exclusively confirm. The event, taking place from March 7-9, will feature a total prize pool of $100,000, with $60,000 allocated for in-person participants at California Memorial Stadium and $40,000 for virtual participants on DoraHacks. The hackathon will focus on Trusted Execution Environments,…

MEXC will launch Berachain, a new Ethereum Virtual Machine-compatible Layer-1 blockchain, on Feb. 6, celebrating the listing with an airdrop event kicking off on Feb. 5. Berachain (BERA) will be listed on MEXC on Feb. 6. To mark the listing of BERA, MEXC has announced a massive airdrop featuring a 19,100 BERA and 50,000 USDT prize pool. Running from Feb. 5 to Feb. 19 UTC, the event offers multiple ways for both new and existing users to earn rewards. The MEXC listing coincides with the launch of Berachain mainnet and token generation event. https://twitter.com/MEXC_Listings/status/1887009214985306405 Berachain, built on the Cosmos SDK, introduces a…

Less than a day after launching Super Bowl betting contracts, Robinhood shut them down at the CFTC’s request. On Feb. 4, Robinhood pulled the plug on its Super Bowl betting contracts just a day after launch, following a request from the U.S. Commodity Futures Trading Commission. The Commodity Futures Trading Commission (CFTC) has formally requested that Robinhood Derivatives, LLC (RHD) “not permit customers to access” sports event contracts.While we continue to work with the CFTC to understand their concerns, we are suspending the rollout of the Pro…— Robinhood Comms (@RobinhoodComms) February 4, 2025 The move comes as regulators grow increasingly…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s recent drop triggered $2.2 billion in liquidations, but XYZ investors see an opportunity for massive gains. Bitcoin’s (BTC) value has plunged, leading to forced sales worth $2.2 billion. This sharp decline has shaken many in the market. However, investors associated with XYZ are spotting opportunities for significant gains. XYZVerse: An underdog ready for a knock out XYZVerse isn’t just another meme coin — it’s a movement fusing sports hype with crypto culture. Dubbed the best new meme project,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As AI Companions hits big, new Solana meme coin Catzilla could follow in the footsteps. AI Companions (AIC) recently surged in popularity, captivating crypto enthusiasts. This remarkable rise has sparked interest in another coin, Catzilla (CATZILLA). This Solana-based meme coin is generating buzz as a potential breakthrough, attracting speculators eager for high rewards. Catzilla: The next to surge With Donald Trump’s resurgence setting the stage for a crypto-fueled financial shift, meme coins are storming into the spotlight. While blue-chip…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Solana gains attention in the crypto market, Fartcoin’s price has doubled, while Catzilla is rising to meme coin star status. Speculation is swirling around the potential approval of a new cryptocurrency ETF, sparking optimism among Solana (SOL) investors. In this buoyant market, Fartcoin’s value has soared, doubling in recent weeks.  Meanwhile, Catzilla, the latest meme coin sensation, has captured significant attention. As excitement builds, market-watchers are keen to see how these developments will impact the crypto landscape. Catzilla:…

Neptune Digital Assets Corp., a leading Canadian blockchain company, has announced the acquisition of 20 additional Bitcoin and 1 million Dogecoin. The Bitcoin (BTC) purchase was made at an average price of $99,833 per BTC, totaling approximately $2 million USD. This acquisition, conducted between January 26 and February 3, 2025, increases Neptune’s total Bitcoin holdings to 376 BTC. In addition to expanding its Bitcoin reserves, Neptune has further diversified its cryptocurrency portfolio by acquiring 1,000,000 DOGE (DOGE) tokens through a strategic derivative purchase on December 27, 2024, at an average price of $0.37 USD per DOGE. Neptune’s CEO, Cale Moodie,…

The United Arab Emirates (UAE) government and cryptocurrency project Shiba Inu have partnered to promote Web3 innovation and growth in the country. In an announcement shared with crypto news, Shiba Inu (SHIB) stated that the collaboration involves the UAE’s Ministry of Energy and Infrastructure. It marks the first major partnership between a UAE government entity and a crypto project. As part of this collaboration, the MoEI and Shiba Inu have signed a memorandum of understanding under which the MoEI will leverage Shiba Inu’s platform to integrate Web3 solutions into key sectors such as energy and infrastructure. The Shiba Inu team…

Elon Musk’s post on law enforcement taking actions against Reddit users targeting DOGE employees sparked a 5% rise in his favorite coin. On Feb. 4, Head of Department of Government Efficiency Elon Musk responded to a post from a popular Reddit account, Reddit Lies, exposing multiple anonymous Reddit users for threatening employees of the Musk-led department with violence. A lot of the posts call for the execution of said employees and hints at targeting them by finding out where they live. Musk shared the post with his followers with the caption “They [Reddit users] have broken the law” by threatening…