News
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Ethereum, Asia, DeFi and everything else that stood out in Electric Capital’s annual developer report
Electric Capital released its annual developer report for the sixth year in a row. The report, gathered through open-source code activity, compiled notable industry developments in 2024 so far. The 2024 report includes data from StablePulse.org, NFTpulse.org and CodeSlaw.app. Electric Capital’s report confirmed perceptions about the significant growth the crypto industry has witnessed across multiple […]Cryptopolitan
Fri, Dec 13
Bit Global Digital files complaint against Coinbase for delisting WBTC
Bit Global Digital, the global controller and issuer of Wrapped BTC (WBTC) filed a complaint against Coinbase, Inc. The lawsuit seeks damages from the delisting of WBTC from the exchange. Bit Global Digital estimated damages of up to $1B after the delisting of Wrapped BTC (WBTC) from Coinbase. In a December 13 filing with the […]Cryptopolitan
Fri, Dec 13
Riot spends $510M on Bitcoin at $99,669—smart move or peak FOMO?
Bitcoin mining company Riot Platforms is solidifying itself as a major player in the crypto market. Between December 10 and 12th, 2024, Riot has made a significant purchase of 5,117 Bitcoins for $510m. This major acquisition has brought up the company’s total holdings to 16,728. Top BTC accumulators are reaping the benefits of the price […]Cryptopolitan
Fri, Dec 13
Eigen Foundation commits 1% of EIGEN supply to Ethereum development
Eigen Foundation has announced that it will commit 1% of all EIGEN token supply to Protocol Guild, an on-chain fund for maintaining the Ethereum Layer-1 network. The foundation which supports the restaking platform, Eigen Layer, announced this on X, noting that it is committed to Ethereum security. According to the Foundation, pledging 1% of its […]Cryptopolitan
Fri, Dec 13
Fartcoin Hits New ATH, But This New AI Memecoin Is The Ultimate Play
Fartcoin, the first memecoin birthed and shilled by viral AI agent Terminal of Truths (ToT), just cleared a new all-time high above $0.58, taking it to a market cap of over half a billion dollars as the AI meme coin meta enters another leg up. Elsewhere in the space, iDEGEN—an AI agent raised from scratch […]Cryptopolitan
Fri, Dec 13
Polygon community evaluating proposal to use over $1 billion in stablecoin reserves – What to expect
The Polygon community is evaluating a proposal to deploy over $1 billion in stablecoin reserves from the Polygon PoS bridge. DeFi protocols Morpho, Yearn, and Web3 risk provider Allez Labs presented the proposal seeking views from the polygon community. Allez Labs, Morpho, and Yearn collaborated on a community-led Pre-PIP (pre-Polygon improvement Proposal) to use dormant […]Cryptopolitan
Fri, Dec 13
