Global Trends in Foreign Currency Credit and Cross-Border Bank Lending

In Q3 2024, global banks’ cross-border claims rose by $629 billion, reaching $41 trillion, driven mainly by credit to non-bank financial institutions in advanced economies. While credit to emerging markets grew, lending to China contracted by $55 billion, highlighting ongoing challenges in dollar and euro credit to emerging Asia since the post-Covid tightening cycles began.

read more

Ripple Secures Money Transmitter Licenses in New York and Texas

Ripple has secured Money Transmitter Licenses in New York and Texas, increasing its total to over 50 in the US and more than 60 globally. The company processed $70 billion in payments volume, doubling last year, and is expanding its US presence with significant hiring and new offices. This growth aligns with rising interest from financial institutions in leveraging crypto for efficient cross-border payments.

read more

Trump’s Memecoin Launch and Its Legal Implications Explained

Donald Trump’s launch of the TRUMP memecoin has sparked legal debates, with experts asserting it complies with US securities laws. Unlike securities, memecoins lack inherent utility and are sold purely for speculation, avoiding regulatory scrutiny. In contrast, Trump’s World Liberty Finance (WLFI) adheres to strict compliance, highlighting the regulatory challenges faced by projects aiming for genuine value.

read more

Sonic Labs Launches 250000 Dollar DeFAI Hackathon with DoraHacks and Zerebro

Sonic Labs has launched the $250,000 Sonic DeFAI Hackathon in partnership with DoraHacks and Zerebro, inviting developers to create innovative AI agents that perform social and on-chain actions. Submissions are open from January 21 to February 24, 2025, with winners announced in early March. Participants will be judged on technological implementation, design, potential impact, and creativity, with various prize categories available.

read more

Allora Network and Story Collaborate to Enhance AI and Intellectual Property

Allora Network is set to integrate with Story, a Layer 1 blockchain that tokenizes intellectual property into programmable digital assets. This collaboration will enhance the development of AI-driven decentralized applications, offering tools for intelligent IP management, real-time price feeds, and sophisticated risk management, thereby fostering a new intelligence economy. The partnership aims to empower creators and developers by merging AI technology with decentralized IP, enabling innovative monetization strategies.

read more

Lava Network Launches $LAVA Token to Enhance Blockchain App Performance

Lava Network has launched its $LAVA utility token, now listed on ByBit, KuCoin, Gate, and MEXC, facilitating efficient blockchain app interactions. With over 100 billion transaction requests processed, the protocol boasts a capped supply of 1 billion tokens and a unique revenue-sharing model, distributing over $1 million in native tokens to stakers and data providers. Backed by significant investments, Lava aims to enhance digital commerce infrastructure across multiple blockchains.

read more

Lava Network Utility Token LAVA Launches on Major Cryptocurrency Exchanges

Lava Network has launched its $LAVA utility token on Bybit, KuCoin, Gate, and MEXC, facilitating efficient blockchain app interactions. With over 100 billion transaction requests processed, the protocol supports a revenue-sharing model and has secured over $3.5 million in annual recurring revenue since its Mainnet pre-launch in July 2024. The tokenomics include a capped supply of 1 billion tokens and a monthly burn mechanism to enhance value and attract data providers.

read more

2025 Cryptocurrency Market Trends and Predictions from SimpleSwap Analysts

SimpleSwap analysts predict significant trends for the cryptocurrency market in 2025, including the tokenization of real-world assets and continued growth in decentralized finance (DeFi). Bitcoin and Ethereum are expected to reach new highs, while meme coins will thrive on emerging blockchains. Regulatory changes in the U.S. and Europe may enhance transparency, and institutional interest in cryptocurrency ETFs is anticipated to rise, further diversifying investment opportunities.

read more

SimpleSwap Partners with Tangem for In-App Cryptocurrency Swaps

SimpleSwap has partnered with Tangem to enable in-app cryptocurrency swaps, allowing users to exchange over 2500 cryptocurrencies securely within the Tangem wallet. This collaboration enhances transaction safety and convenience, reflecting both companies’ commitment to a user-friendly crypto experience. The integration addresses community feedback, showcasing SimpleSwap’s dedication to adapting its services to meet user needs.

read more

Bellecapital Celebrates 15 Years of Growth and Expansion in Wealth Management

Zurich-based asset manager Bellecapital celebrates its 15th anniversary, managing CHF 5 billion and aiming to double its assets under management in the coming years. The firm has expanded its geographical presence, recently establishing a branch in London and enhancing its Swiss client advisory team with former UBS executives. With a focus on European small and mid-cap investments, Bellecapital is well-positioned for future growth, as stated by Tobias Faes of Bellecapital International.

read more

Metaplex Protocol Reports Record Protocol Fees and Token Purchases in November

Metaplex Protocol achieved record-breaking protocol fees of $3.5 million in November 2024, driven by a surge in digital asset creation on Solana, including 1.4 million new fungible tokens and 354,000 NFTs. This activity led to $3 million in $MPLX token purchases for the Metaplex DAO, marking a 58% month-over-month increase. User engagement also soared, with unique wallets interacting with the protocol reaching 879,000, a 34% rise from October.

read more

Metaplex Protocol Reports Record Fees and Token Growth in November 2024

In November 2024, Metaplex Protocol achieved record-breaking fees of $3.5 million, driven by a surge in digital asset creation on Solana, including 1.4 million new tokens and 354,000 NFTs. This activity led to $3 million in MPLX token purchases for the Metaplex DAO, marking a 58% month-over-month increase. User engagement soared, with unique wallets interacting with the protocol reaching 879,000, contributing to a total collector base of nearly 60 million.

read more