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The Blog

Welcome to our little corner of the Internet. Kick your feet up and stay a while.

NFT sales surge 18% as all-time volume on Solana nears $6B

Flyhightechno November 2, 2024News

NFTs recorded a monthly sales volume of $356 in October, an 18% increase from its September record.  Source link

Panic seller loses $222K in AAVE amid market fluctuation

Flyhightechno November 2, 2024News

A crypto investor’s AAVE panic sale incurred a significant loss, underscoring the risks of emotional trading strategies in uncertain markets. Source link

Turkish investors prefer crypto over real estate and stocks — Survey

Flyhightechno November 2, 2024News

An annual survey in Turkey showed that crypto is the third most preferred investment instrument among investors after gold and foreign currencies.  Source link

Tether to launch dirham-pegged stablecoin on TON

Flyhightechno November 2, 2024News

Tether’s senior strategic partnership manager, Alessandro Giori, said that TON is the fastest blockchain to reach 1 billion USDT since its launch. Source link

Institutional investments in Solana blockchain DApps up 54% in Q3

Flyhightechno November 2, 2024News

Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report. Source link

US Treasury: Blockchain can improve financial system

Flyhightechno November 2, 2024News

The US Treasury is especially keen on distributed ledger technology for payments, settlement and clearing.  Source link

Tether CEO’s MiCA concerns, Buterin to ‘Purge’ Ethereum inefficiencies: Finance Redefined

Flyhightechno November 1, 2024News

Concerns about Europe’s upcoming MiCA regulations and Vitalik Buterin’s plans to make Ethereum more efficient were the main focus of crypto investors this week. Source link

Crypto voters guide to Congressional legislation for the 2024 election

Flyhightechno November 1, 2024News

The 2024 United States elections will be held on Nov. 5, as digital asset policy becomes a growing concern among pro-crypto voters. Source link

ZK-proofs are more affordable than legacy ID systems — Cysic founder

Flyhightechno November 1, 2024News

According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials. Source link

Kalshi rolls out more betting markets ahead of US elections

Flyhightechno November 1, 2024News

The US-based prediction market is vying to catch up with industry leader Polymarket.  Source link

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