Arbitrum DEXs Surpass Ethereum and Solana in Daily Transaction Volume: A Game-Changing Milestone

Arbitrum DEXs daily transaction volume eclipse Ethereum, Solana Decentralized exchanges (DEX) transaction volume on Arbitrum, a layer2 network, surpassed that of Ethereum for the first time during the past day, according to DeFillama data. During the reporting period, DEXs on Arbitrum saw their volume soar to $1.843 billion, surpassing Ethereum’s $1.444 billion and Solana’s $683.59…

Read More

Get Ready for a Wild Ride: The Bitcoin ETF Craze Sends the Market into a Frenzy Before a Sudden Drop

Get Ready for a Wild Ride: The Bitcoin ETF Craze Sends the Market into a Frenzy Before a Sudden Drop Description: Between Oct. 2023 and Jan. 2024, Bitcoin’s market saw significant price appreciation, heavily influenced by anticipation around the approval of a Bitcoin spot ETF. The market’s spot prices surged from roughly $25,000 to $45,000….

Read More

Celsius to Unstake $470M Ethereum Amid Restructuring Efforts, Raising Market Concerns

Celsius to Unstake $470M Ethereum Amid Restructuring Efforts, Raising Market Concerns Overview Bankrupt crypto lender Celsius will unstake 206,300 Ethereum, worth around $470 million, as part of efforts to facilitate the distribution of assets to creditors, according to a Jan. 4 statement on social media platform X (formerly Twitter). Celsius said the planned “significant” unstaking…

Read More

Perplexity AI Raises $73.6M in Series B Funding, Boosting Valuation to $520M

Perplexity AI secures $73.6M in Series B funding, boosts valuation to $520M Perplexity AI’s Successful Funding Round Perplexity AI, a San Francisco-based startup specializing in AI-powered search engines, recently completed a significant Series B funding round, raising $73.6 million. The funding round was led by Institutional Venture Partners (IVP) and included a mix of venture…

Read More