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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Bitcoin worth over $60 million moved for the first time in 10 years
Bitcoin worth over $60 million moved for the first time in 10 years

A stack of 1,000 BTC — currently worth $62.8 million — was suddenly moved yesterday after more than 10 years of dormancy.The transfers were made via two wallet addresses, moving 500 BTC each in close proximity.

The Block·2024/05/13 09:28
VGXUSDT is Now Available on Futures
VGXUSDT is Now Available on Futures

Bitget Announcement·2024/05/13 08:51
Layer 3 Degen Chain hasn’t produced a block in 11 hours
Layer 3 Degen Chain hasn’t produced a block in 11 hours

Layer 3 Degen Chain is experiencing operational downtime. The network stopped at block #15524774 and has not produced a block for over 11 hours.

The Block·2024/05/13 08:25
Japan’s Metaplanet adopts bitcoin as reserve asset amid yen slump
Japan’s Metaplanet adopts bitcoin as reserve asset amid yen slump

Metaplanet, a publicly listed investment firm, announced today that it has adopted bitcoin as its strategic reserve asset.Japan has been facing fiscal challenges, which led the yen to fall to a 34-year-low last month.

The Block·2024/05/13 08:16
Supply is concentrated, L1 value is underestimated, TON is expected to become the next big event in cryptocurrency
Supply is concentrated, L1 value is underestimated, TON is expected to become the next big event in cryptocurrency

In the long run, comparing TON to BNB with a market value of 9 billion USD is a reasonable and realistic goal.

Chaincatcher·2024/05/13 08:07
STX Nakamoto Upgrade: Big Bang Moment
STX Nakamoto Upgrade: Big Bang Moment

BlockBeats·2024/05/13 07:48
Flash
  • 08:52
    Analyst: Even if the U.S. CPI is only slightly higher than expected, it will trigger a market sell-off
    Odaily Planet Daily reports that Russell Investment Company analyst BeiChen Lin said in a report that even if the U.S. inflation report released on Wednesday is only slightly higher than expected, it could trigger a sell-off in the bond and stock markets. The investment strategist said that last Friday's unusually strong U.S. employment report seems to have awakened people's concerns about inflation. He stated: "Although we believe that the yield of U.S. Treasury bonds is attractive at current levels, we still think investors should stick close to their long-term allocation ratios unless yields rise significantly." Economists surveyed by The Wall Street Journal expect the U.S.'s December CPI year-on-year increase to be 2.9%, higher than November's 2.7%. The survey shows that the annual core inflation rate is expected to remain unchanged at 3.3%.
  • 08:29
    SOON will adopt EigenDA as the data availability layer for SOON's main network
    Foresight News reports that Solana's virtual machine, SOON, has announced a strategic partnership with data availability (DA) solution EigenDA. It will adopt EigenDA as the designated DA layer for the SOON mainnet.
  • 07:50
    The Block: Sui performs outstandingly, completing 7.50 billion transactions in 2024, with an annual increase of 542%.
    On January 13th, according to the latest report from The Block, Sui achieved amazing performance in 2024, with 7.50 billion transactions and an annual growth rate of up to 542%, far ahead of other Layer 1 blockchains. During the same period, BNB only achieved a 132% increase, further highlighting Sui's market appeal.   Sui's unique advantage comes from its technical architecture developed by Mysten Labs, including an object-centric model and the Move programming language, which provide the foundation for parallel transaction processing and efficient state updates. In April last year, Sui also introduced the Mysticeti consensus algorithm, which significantly reduced transaction confirmation time and pushed daily trading volume to a peak of 58.40 million.   As of now, Sui's total locked volume (TVL) has approached $2 billion. This performance not only reflects its technical potential, but also implies strong market interest in emerging Layer 1 platforms. "The Block" pointed out that Sui's monolithic architecture integrates execution, settlement, and data availability in terms of functionality, forming a sharp contrast with traditional modularization architecture. This design trend may become a new focus of Layer 1 competition.
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