By July 2023. the federal funds rate, the benchmark interest rate, reached a target range of 5.25% to 5.50%, the highest level in over two decades. Since then, the Fed has kept rates steady.
One of the report's most notable takeaways is the significant increase in XRP on-chain transaction volume. Compared to Q4 2023. Q1 2024 saw a staggering 108% jump in transactions, reaching over 251 million.
Solana Mobile 2. the highly anticipated blockchain smartphone, has generated significant buzz. Beyond the innovative phone itself, pre-orders came with a surprise – airdrops of various cryptocurrencies.
Wells Fargo is a household name in the United States, boasting a long history and a massive customer base. But recent scandals have tarnished the company's reputation.
Singapore-based Web3 platform Galaxis has recently secured $10 million in funding to fuel its mission of revolutionizing how creators and brands build communities through NFTs.
Several applications for Ethereum ETFs are currently pending SEC review. The commission faces deadlines in May 2024 for some of these applications, but experts are divided on the likelihood of approval.
Electron Labs, a company building a universal zero-knowledge (ZK) proof aggregation layer for Ethereum, has recently closed a $1 million extension on its seed round funding.
