Crypto News

Over the past year, the crypto industry has attracted users on an exponential scale, with monthly active addresses tripling from 70 million in 2023 to over 220 million in 2024. With over 300 chains listed, the ecosystem should be able to cater to the needs of all types of users sustainably. However, in this sprawling landscape, a majority of activity and liquidity is locked within multiple Ethereum Layer 2’s.In its current state, Ethereum is reminiscent of early 1500s Europe, which experienced breakthroughs like the printing press and advanced shipbuilding that enhanced resource management. Today, Ethereum's flourishing DeFi ecosystem is equipped with primitives such as lending and borrowing, staking and restaking. However, much like Europe's challenges with scarce and overutilized resources,...

Privacy isn’t a crime—but in 2024, crypto projects and coins designed to keep users discreet on-chain were under more scrutiny than ever.Source link

Bitcoin aims to end 2024 on a (relatively) high note after dipping to a monthly low Monday, while AI agent coin AI16z pops to new highs.Source link

Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s block reward dropped from 6.25 BTC to 3.125 BTC at block 840,000 in mid-April, the dynamics of mining profitability shifted dramatically, influencing revenue trends throughout the year. From Peaks to Valleys: The DramaticSource link

While other NFTs worked every angle this year to justify their value, the effortless relevance of CryptoPunks proved why the collection continues to occupy a league of its own.Source link