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David Balland, the co-founder of Ledger, a prominent French cryptocurrency hardware wallet manufacturer, and his wife have been safely released following their kidnapping earlier this week. Paris prosecutor’s office further revealed that the couple was abducted from their residence during the early hours of Tuesday, January 21, and transported to an undisclosed location. Bloomberg report
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Solana, the second-largest blockchain by Total Value Locked (TVL), has seen its ecosystem grow exponentially, driven by a rapid increase in the market value of its stablecoins. Data from the decentralized finance (DeFi) analytics platform DefiLlama shows that the networks stablecoin market cap had reached $10.7 billion at the time of writing. Previously, the highest
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Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last year. According to CoinGecko’s latest report,
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Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass , this decline has seen $65.47 million worth of positions liquidated, with the majority ($54.10 million) being long positions. Crypto analyst Kevin (Kev_Capital_TA) noted a significant
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Chainlink (LINK) is navigating a turbulent market phase, recently experiencing an 11% decline after reaching a local high of $27 yesterday. This pullback reflects the heightened volatility sweeping through the cryptocurrency market, particularly affecting altcoins. Many altcoins, including Chainlink, are facing sharp declines and aggressive price swings as traders respond to uncertain conditions and Bitcoins
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Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse
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