Mantle TVL surges 354% YoY, Messari report shows
In Q4 2024, Mantle TVL surged 354% year over year, as mETH became the fourth-largest Ethereum liquid staking token. According to the State of Mantle Q4 2024 report by Messari, Mantle Network experienced significant growth, with its total value locked surging by approximately 354% year-over-year and 36% quarter-over-quarter. According to Messari, this surge was largely […]
2024 Crypto OTC trading surged 106% YoY: Finery
2025 looks promising for the cryptocurrency industry after sectors like OTC and stablecoin transactions experienced significant growth in 2024, according to Finery Markets experts. Over-the-counter trading volume grew a staggering 106% year-on-year in 2024 as the digital asset market recorded new highs and euphoric sentiment, Finery Markets told crypto.news via email on Jan. 10. The […]
Bitcoin miner HIVE targets 150% growth by 2025-end after 47% YoY operational surge in 2024
Canadian mining firm HIVE Digital Technologies has reached 6.0 EH/s in operational hashrate, marking a 47% year-over-year increase. Bitcoin (BTC) miner HIVE Digital Technologies has hit a major milestone, reaching 6.0 exahashes per second in operational hashrate, marking a 47% jump from 4.08 EH/s at the end of 2023. The Vancouver-headquartered firm explained in a […]
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources. Source link
Bitcoin’s X popularity grew 65% YoY in 2024
X user published over 140 million tweets mentioning Bitcoin on Elon Musk’s social media network. Crypto conversation on X increased in 2024 compared to 2023 as Bitcoin (BTC) developments dominated digital asset mindshare on the platform formerly known as X. Posts containing “Bitcoin” grew 65% year-over-year according to data from social listening protocol Visibrain seen […]
PancakeSwap hit $310b in trading volume, up 179% YoY
Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform’s year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion. The protocol achieved the milestone across nine blockchains, representing a growth of 179% by year. Notably, PancakeSwap’s total […]
Crypto hacks wipe out $2.3B in 2024, marking 40% YoY surge
According to Cyvers, the 40% yearly increase was mainly driven by growing access control vulnerabilities amid centralized exchanges and cryptocurrency custodians. Source link
