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Solana Achieved Its Best Year Ever, and the Numbers Back It Up

[Jan 6 7:30 AM] Solana was one of the networks that experienced explosive growth in 2024, both in technical and economic aspects. In December, Solana registered $304 million in inflows from other blockchains, only bested by Base and Hyperliquid. On the technical…

Slinky Launches Airdrop to 27.7 Million Wallets on Solana

[Dec 31, 2025 8:30 AM] Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a…

IRS Doubles Down on Immediate Staking Rewards Tax Stance

[Dec 28, 2024 5:30 AM] The U.S. Internal Revenue Service (IRS) has reaffirmed its stance on the immediate taxability of staking rewards, doubling down on a position assumed in 2023 as part of internal guidelines. In a recent filing related to an ongoing lawsuit, the…

Crypto Remittances Grow In El Salvador Reaching 1% Share

[Dec 24, 2024 7:30 AM] The Reserve Central Bank has confirmed that the cryptocurrency usage for remittances in El Salvador is still marginal at best. According to recent data released by the institution, crypto remittances registered a growth of 2.5% between January and…

Argentina to Patrol Cyberspace in the Hunt for Crypto Criminals

[Dec 17, 2024 12:30 PM] A recent resolution issued by the Security Ministry of Argentina has added crypto crimes to the set of activities that will be tracked and surveilled by police forces. Resolution 1330/2024 states that the federal security forces will develop…

Ether and Solana Grow in Brazilian Markets

[Dec 15, 2024 11:30 AM] According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether’s utilization increased significantly, having registered 950,000 transactions moving over $165 million – a…

Ethereum’s Buterin Acknowledges Argentine Peso’s Comeback

[Dec 13, 2024 10:30 AM] Ethereum founder Vitalik Buterin has acknowledged the performance of the Argentine fiat currency, the peso. On social media, Buterin stated that the Argentine peso to U.S. dollar exchange rate was exactly the same as it was one year ago. Praising…

Phantom Wallet Gets a Boost, Adds Support for Sui

[Dec 6, 2024 8:30 AM] Phantom Wallet, one of the most popular cryptocurrency wallets in the market, has recently announced that it will add support for Sui, an agile blockchain platform offering users fast processing times and low transaction fees. The wallet, which…

Coinbase CEO Calls D.O.G.E to Address AML Regulation Failure

[Dec 2, 2024 1:04 PM] Coinbase CEO Brian Armstrong has commented on the sorry state of anti-money laundering (AML) regulation and its ineffectiveness in preventing crime. In social media, Armstrong highlighted the poor performance of these regulations, stating these…

Spanish Securities Watchdog Approves First Tokenization License

[Nov 30, 2024 11:30 PM] The Spanish securities watchdog, the CNMV, has approved the first tokenization license in the country, opening the doors for tokenizing real-world assets (RWA). Ursus-3 Capital, in partnership with Onyze, is the first consortium that will be able…

Still Early: Taylor Swift Remains More Popular Than Bitcoin for Now

[Nov 25, 2024 10:30 AM] Jon Erlichman, a BNN Bloomberg commentator, recently conducted an informal survey on the streets, asking several people whether they would prefer a ticket to a Taylor Swift concert or a bitcoin. Most of those polled stated they preferred to receive…

Bitcoin ETFs Set New Records in Brazil

[Nov 24, 2024 6:10 PM] The recent bitcoin price hike that has driven exchange rates close to $100,000 per token has also fueled the demand for and prices of Bitcoin exchange-traded fund (ETF) shares in the Brazilian stock exchange. Hashdex, the first crypto ETF launched…

Crypto Transactions Surge in Spain’s Real Estate Market

[Nov 18, 2024 9:30 AM] According to Enlace, a real estate tech company, the number of real estate transactions involving some form of cryptocurrency as payment has surged this year. The company found that this usage grew by 15% in 2024, driven by the benefits these…