DeepNewz

DeFi
Solana Surpasses Ethereum ($1.7B) and Base ($1.2B) with $3.8 Billion in 24-Hour DEX Volume, Raydium Hits $2.25 Billion
Solana has emerged as a leading player in the cryptocurrency market, achieving a remarkable 24-hour decentralized exchange (DEX) trading volume of nearly $3.8B

CeFi
Backpack Exchange Acquires FTX EU for $32.7 Million, Plans Regulated Crypto Derivatives in Europe by Q1 2025
Backpack Exchange has acquired the European arm of the bankrupt FTX, known as FTX EU

Regulation & Politics
FDIC Documents on Operation Chokepoint Reveal U.S. Regulators Advised Banks to Pause Crypto Activities, No Full Ban Issued
Recent documents released by the Federal Deposit Insurance Corporation (FDIC) indicate that U.S. regulators advised banks to pause their direct involvement in cryptocurrency activities during 2022 and 2023.

Markets
Solana's Fartcoin Hits $1.6 Billion Market Cap in 3 Months, Tops 1,000 Russell 3000 Companies
The Solana-based memecoin Fartcoin has experienced a significant surge

Markets
Ethereum Surges Past $3,600 Amidst Bullish Sentiment and Staked ETFs Speculation
Ethereum (ETH) has experienced a notable price surge, recently breaking the $3,600 mark

CeFi
Binance Suspends TROY Deposits on BSC Due to Potential Security Issue with BEP20 Token Contract
Binance has suspended deposits for the TROY token on the Binance Smart Chain (BSC) due to a potential security issue related to the BEP20 token contract

DeFi
Trader Turns 82 SOL Into $1.26M in 8 Minutes Sniping $BUZZ Tokens, Market Value Reaches $40 Million
A trader capitalized on the launch of the $BUZZ token, turning an investment of 82 SOL, approximately $17,000, into a profit of 6,090 SOL

Blockchains
Bitcoin Marks 16th Anniversary of Genesis Block as Price Hits $97,000 and Market Cap Nears $1.9 Trillion
On January 3, 2025, Bitcoin celebrated the 16th anniversary of the mining of its Genesis Block by Satoshi Nakamoto

Blockchains
Marathon Digital Holdings Mines 890 BTC, Boosts Holdings to 44,893 BTC with 15% Hashrate Increase
Marathon Digital Holdings, Inc. (MARA) reported a 15% increase in its energized hashrate

Blockchains
Bitcoin's Hash Rate Hits 808 EH/s, Price Climbs to $97,000 with Difficulty Up 1.16%
Bitcoin's hash rate has reached a historic milestone, surpassing 800 quintillion hashes per second (800 EH/s) as of December 31, 2024





