CryptoNews

L2 Protocol Blast Soars Past $1 Billion in Locked Crypto Value

December 29, 2023
Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $1 Billion Initially, on Nov. 22, 2023, Blast’s value locked was recorded at $89.59 million, but as of today, it has surged to $1.135 billion. Currently…
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CryptoNews

Microstrategy Acquires More Bitcoin, Raising Total Holdings to 189,150 BTC

December 28, 2023
Nasdaq-listed Microstrategy has bought 14,620 more bitcoin for approximately $615.7 million. The latest purchase raised the company’s cryptocurrency holdings to 189,150 bitcoin, acquired for about $5.9 billion at an average price of $31,168 per coin. Microstrategy’s executive chairman, Michael Saylor, believes that spot bitcoin exchange-traded funds (ETFs) “may be the biggest development on…
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CryptoNews

Solana's Dex Platforms Eclipse Ethereum in Weekly Trade Volumes

December 28, 2023
Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past day, overshadowing the $1.282…
Cleantech & EV'sNews

LG Chem is building a $3B EV battery cathode factory – the largest in the US [Update]

December 28, 2023
LG Chem is building a $3 billion battery cathode factory for electric vehicles in Tennessee – here’s the latest. December 27: The groundbreaking ceremony took place last week for LG Chem’s battery cathode factory. Some of the company’s original plans have changed since I last reported on this announcement. The factory was initially supposed to break ground in Q1 2023 and start mass…
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DefenseNews

‘Fat Leonard,’ contractor in Navy bribery case, may face more charges

December 28, 2023
MIAMI — A defense contractor at the center of one of the biggest bribery scandals in U.S. military history is expected to face additional charges following his return to the United States from Venezuela as part of a broader prisoner swap between the two countries, a federal prosecutor said Thursday. Leonard Glenn Francis, who is nicknamed “Fat Leonard,” faced a federal judge for the first…
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