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Ex-Revolut Executives Raise $2.3 Million for Bleap, a Blockchain Banking App with USDC and 13.2% APY, Launching Q1 2025
TradFi & Fintech

Ex-Revolut Executives Raise $2.3 Million for Bleap, a Blockchain Banking App with USDC and 13.2% APY, Launching Q1 2025

Former Revolut executives have successfully raised $2.3 million in pre-seed funding to launch Bleap
Hong Kong Eliminates Crypto Capital Gains Tax for Hedge Funds to Become Global Crypto Hub
Regulation & Politics

Hong Kong Eliminates Crypto Capital Gains Tax for Hedge Funds to Become Global Crypto Hub

Hong Kong is planning to eliminate capital gains taxes on cryptocurrencies, including Bitcoin, for hedge funds, private equity funds, and investment vehicles of billionaire families, according to the Financial Times
Russia's Upper House Approves 15% Crypto Tax Bill, Exempts Transactions from VAT
Regulation & Politics

Russia's Upper House Approves 15% Crypto Tax Bill, Exempts Transactions from VAT

Russia's upper house, the Federation Council, has approved a new tax bill that introduces a 15% income tax on profits from cryptocurrency mining and trading
Japan's Metaplanet to Raise ¥9.5 Billion ($62M) to Expand Bitcoin Holdings
TradFi & Fintech

Japan's Metaplanet to Raise ¥9.5 Billion ($62M) to Expand Bitcoin Holdings

On November 28, Japanese public company Metaplanet, a Tokyo-listed space exploration firm, announced plans to raise up to ¥9.5 billion ($62.7 million) to expand its Bitcoin holdings.
Base Blockchain Hits 11M Daily Transactions on November 26, Sees 50x Growth and $4B Bridged
Blockchains

Base Blockchain Hits 11M Daily Transactions on November 26, Sees 50x Growth and $4B Bridged

Base, a Layer 2 blockchain developed by Coinbase, achieved a significant milestone by processing 11.447 million transactions on November 26
Ronin Network Reports Growth with $1.2B TVL, 10.2M Weekly Transactions, and $395K Daily NFT Volume
Blockchains

Ronin Network Reports Growth with $1.2B TVL, 10.2M Weekly Transactions, and $395K Daily NFT Volume

Ronin Network has reported significant growth in its ecosystem, showcasing strong network effects and increasing institutional interest
Coinbase Faces Backlash Over Rejection of Celo's Layer 2 Migration; Token Price Falls
CeFi

Coinbase Faces Backlash Over Rejection of Celo's Layer 2 Migration; Token Price Falls

Coinbase has announced that it will not support the migration of the Celo blockchain from Layer 1 to Layer 2 on the Optimism Superchain, scheduled for January 16, 2025
Tether Launches USDT on Aptos, Transfers $495M to Binance Amid Growing TVL
DeFi

Tether Launches USDT on Aptos, Transfers $495M to Binance Amid Growing TVL

Tether has officially launched its USDT stablecoin on the Aptos blockchain, with support from major exchanges like Bybit, OKX, and others
Solana Surpasses Ethereum in Daily Fees for 7 Days, Generating $70 Million
Blockchains

Solana Surpasses Ethereum in Daily Fees for 7 Days, Generating $70 Million

Solana has surpassed Ethereum in daily fees for seven consecutive days, driven by a surge in activity linked to a memecoin frenzy
$WIF at $3.34 Overtakes $BONK in Market Cap as Largest Solana Meme Coin, Both Down 12% and 7.5%
Markets

$WIF at $3.34 Overtakes $BONK in Market Cap as Largest Solana Meme Coin, Both Down 12% and 7.5%

In a significant shift within the Solana meme coin market, $WIF (Dog Wif Coin) has overtaken $BONK (Bonk Inu) in market capitalization, becoming the largest meme coin on the Solana blockchain