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[PRESS RELEASE – Hong Kong, China, December 16th, 2024] Dtravel, a decentralized platform leveraging blockchain technology to transform vacation rentals, has announced strategic backing from Modular Capital and Escape Velocity Crypto (EV3). These partnerships signify significant milestones in Dtravel’s journey to develop a global peer-to-peer vacation rental ecosystem. Strategic Partnerships Driving Growth The recent funding…

Ethena Labs officially launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), on December 16th. Developed in partnership with Securitize, USDtb is designed to operate like existing fiat-backed stablecoins such as USDC and USDT, with reserves invested in cash or cash-equivalent assets to maintain a 1:1 value ratio. USDtb Debuts…

Federally approved digital asset securities platform Prometheum has filed a defamation lawsuit against crypto commentator Matthew Blumberg. The dispute stems from a November 6 post on X, where the critic accused the firm of operating “an illegal unregistered commodities exchange” and engaging in shady dealings with the U.S. Securities and Exchange Commission (SEC). Free Speech…

TL;DR Binance expanded support for Simon’s Cat (CAT) by including it in multiple trading programs. The token reacted to the news with a rapid price increase. The Binance-Fueled Pump The world’s biggest cryptocurrency exchange recently added further support for the meme coin launched on the BNB chain – Simon’s Cat (CAT). First, it included it…

Lido, the prominent liquid staking protocol, has announced the discontinuation of its liquid staking protocol on Polygon, marking the end of its operations over the coming months. Following extensive discussions on the DAO forum and a community vote, LDO token holders officially approved the decision to phase out Lido on Polygon. The process is set…

TL;DR Shifu, a new meme coin in the Shiba Inu ecosystem, has a total supply of 100 billion tokens, with 30% allocated for a community airdrop. Despite the effort, SHIB’s valuation remains stable at $0.00002733. However, a 240% surge in large transaction volume and Shibarium’s rapid progress could boost the asset’s utility and drive future…

Ripple, the US-based enterprise company behind the third-largest cryptocurrency by market cap, made the headlines on December 16, announcing that its long-anticipated stablecoin is finally ready to be deployed, which will happen later today. There were a lot of speculations and fraud attempts ahead of the official statement, but CryptoQuant’s data shows that the actual…

Bitcoin’s price barreled upward Monday on increasing crypto exchange volume, with a +3% daily green candle and a +10% weekly jump. BTC whale wallets surged in accumulation as president-elect Donald Trump reaffirmed on CNBC that his administration plans to establish a strategic Bitcoin reserve. “We’re gonna do something great with crypto because we don’t want…