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Wormhole, a leading cross-chain communication protocol, is showing strong signs of recovery, surging 45% from its yearly low after a partnership with Ripple Labs boosted investor confidence. With user activity, total value locked, and open interest all climbing, momentum is on Wormhole’s side—but weakening bridge volume and a bearish shift in funding rates pose looming … Read more
Momentum, a decentralized finance protocol built on Sui, is teaming up with Wormhole and OKX Wallet to boost cross-chain liquidity on the Sui network. The collaboration will see the Sui (SUI) blockchain benefit from an influx of billions of dollars in cross-chain liquidity, Momentum said in an announcement. As part of this quest to bring … Read more
Cathy Yoon commended Commissioner Peirce’s remarks on crypto regulation but expressed concerns over her idea of a regulatory sandbox. The Securities and Exchange Commission has radically shifted its policy on crypto, bringing voices such as that of Commissioner Hester M. Peirce to the forefront. However, some still believe that her pro-crypto approach has important limitations. … Read more
Key Takeaways Jack Dorsey initiated a controversy by suggesting the removal of IP law. The debate highlights the growing tension between decentralization advocates and traditional legal frameworks. Share this article Jack Dorsey wants to scrap IP laws entirely. Elon Musk backs the idea, but not everyone vibes with it. The co-founder of Block and Twitter, … Read more
The crypto market shows signs of recovery with Ethereum climbing back above the $2,000 level, while several altcoins including Wormhole (W), DIONE, and Magnetix (MAG) post double-digit gains in the past 24 hours. Wormhole (W) has jumped 41.7% in the last 24 hours, trading at $0.1218 from a low of $0.08551. The token’s momentum extends … Read more
Donald Trump’s inauguration as the 47th U.S. president is expected to usher in a new era for cryptocurrencies, according to Wormhole Foundation general counsel Cathy Yoon. Trump officially takes office on Jan. 20, and his campaign pledges, coupled with his selection of crypto advocates for key positions in his administration, signal a major opportunity for … Read more
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