Aave, the largest lending protocol in decentralized finance, is gearing up to leave the Polygon blockchain following a heated dispute over a $1 billion investment proposal.
It’s the eternal guessing game that crypto enthusiasts love to play. As 2024 ends, the crypto industry’s brightest names are once again making predictions for the new year.
2024 has been a remarkable year for cryptocurrency. From the advent of Bitcoin exchange-traded funds (ETFs) to the explosion of memecoins and Bitcoin’s historic surge past $100,000, investors experienced a multitude of bullish scenarios. Below are five highlights from Kaiko analysts’ “monumental year” analysis, backed by 10 critical charts.
Last year, I predicted that the trend of issuing airdrop “points” would gain momentum in 2024. DeFi projects, wary of the US Securities and Exchange Commission (SEC) labeling their tokens as securities, opted for points to sidestep regulatory risks.
The messaging app favored by crypto enthusiasts, Telegram, has become profitable for the first time since its launch over a decade ago, according to its founder and CEO, Pavel Durov, on Monday.
The controversial initial coin offering (ICO) model is making a return. Analysts are calling it “community rounds,” a refined version of ICOs, and many predict they will gain traction in 2025.
During a year filled with regulatory battles, SEC Chair Gary Gensler ramped up his efforts to bring the crypto industry under tighter scrutiny, handing out Wells notices to numerous firms.
The turmoil began in February, when Nigerian authorities detained two Binance executives, accusing the exchange of undermining the naira, Nigeria’s fiat currency.
Blockchain security experts had been warning loudly since last year: attacks targeting private keys and smart contract ownership would wreak havoc on crypto projects in 2024.
Quantum computers, leveraging quantum mechanical phenomena, have long posed a theoretical threat to the cryptographic systems underpinning much of the $3.8 trillion cryptocurrency industry.
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