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Monero (XMR) has shown price and network resilience following Binance’s delisting on February 20. The leading privacy coin re-conquered the $150 price zone and has set a new record with over 100,000 daily trans action s. Notably, the Monero network established a new all-time high in the number of its daily transactions on March 5. At that date, BitInfoCharts registered 96,495 daily transactions, superior to the 60,305 registered on August 12, 2022. Nevertheless, this mark is already outdated. As of this writing, the network has 102,708 transactions confirmed on March 6. Picks for you The Tate Brothers warn about crypto coins using their images 2 hours ago Web3 app store Magic Square reveals new $66m grant program 3 hours ago Winners of CMC Crypto Awards 2024 finally announced 3 hours ago Finance experts set SHIB price for end of 2024 3 hours ago Monero trans action s historical chart. Source: BitInfoCharts This data highlights increased ...

The Layer 1 blockchain landscape has seen a downtrend in January with declines in daily transactions, active addresses, and fees. Sui and Sei saw hikes in the Total Value Locked, surpassing leading players like Ethereum and Solana. Solana has seen an impressive surge in transaction activities, while Avalanche saw a deep decline in daily transactions. One of the fastest-evolving Layer 1 blockchains, Sui, has exhibited a hike of 120% in TVL over the last month, surpassing leading platforms, including Ethereum, Solana, and Avalanche. Currently achieving a total value locked (TVL) of above $600 million, Sui surged 239mm in January. In a recent X post, Sui announced the astounding hike in the TVL, pointing out that the L1 blockchain has surged past $600,000,000 just 10 days after it marked $500 million. In addition, Sui has also seen a surge in average daily volume over the past 7 days, hitting $100 million. Today, Sui has over $600,000,000 in Total Value Loc...

Bitcoin wallet provider Samourai Wallet accuses Ocean mining pool of censoring transactions. Ocen Mining was specifically accused of censoring Whirlpool CoinJoin and BIP47 notification transactions. Ocean’s founder, Luke Dashjr, denies intentional censorship, attributing the issue to a bug in Samourai Wallet’s software. In a recent twist within the cryptocurrency space, one of the Bitcoin wallet providers Samourai Wallet has accused Ocean, a prominent BTC mining pool, of censoring specific Bitcoin transactions. The controversy involves not only technical accusations but also points fingers at industry figures, including Luke Dashjr, a Bitcoin Core developer and founder of Ocean. We can confirm that @ocean_mining has enacted a policy of censoring Whirlpool coinjoin transactions and BIP47 notification transactions as of Dec 6, 2023 This is a regrettable action by the operators @jack and @LukeDashjr and far surpasses any hostile action we have see...

Despite similar price action, Fantom and Optimism ecosystems are moving in opposite directions and this is reflected in each token’s price. The price action of Optimism (OP) and Fantom (FTM) tokens have been quite identical since the last quarter of 2022. The difference is, volatility is slightly higher for OP, which surged 240% year-to-date, compared to the 180% gains seen in FTM. The Fantom Foundation has made several improvements since Q4 2022, which have catalyzed an uptrend in the token’s price. However, Fantom’s ecosystem remains primitive while its competitors expanded to support new use cases. On the other hand, Optimism has shown robust community and decentralized application (dApp) development thanks to the loyalty of Ethereum developers and the Optimism Foundation’s effective strategy in aligning token incentives with governance. OP/USD (orange) and FTM/USD (blue) price chart. Source: TradingView Fantom’s ecosystem development stalls The Fantom ecosystem received an adverse...

Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month. India’s Finance Minister, Nirmala Sitharaman, stated that regulation “cannot be done” by a single country, it requires “collective action,” in a recent television interview. Speaking to Rahul Joshi on CNBC-TV18 in India on Feb. 3, Sitharaman noted that while the central bank is the “authority for issuing cryptocurrency,” the rest of the digital assets created outside are “using very useful financial technologies.” Sitharaman said that India is looking at a "global" standard operating procedure (SOP) to be “agreed upon” for regulating crypto assets, ahead of India hosting the G20 Finance Ministers and Central Bank Governors meeting in Bengaluru later this month. She suggested that crypto regulations will only be effective if there is global consensus on them. She noted: “Regulation cannot be done by any one c...