The world of cryptocurrencies experienced a turbulent year in 2024 full of historic events, unexpected twists and important milestones. Let’s dive deep into the events of 2024 and examine each of these important developments in the world of cryptocurrencies.
RLUSD introduction
Ripple’s most anticipated new stablecoin, Ripple USD (RLUSD), began global trading on December 17, 2024. RLUSD, a U.S. dollar-backed stablecoin, received approval from the New York Department of Financial Services (NYDFS) on December 10th. 2024. Ripple launched RLUSD in June 2024, with the stablecoin backed 1:1 by US dollars, backed by US treasuries and other cash equivalents.
Hamster madness
This year saw a lot of hype around crypto games with the launch of Hamster Kombat, a crypto game where you can play and earn money. This game quickly gained popularity and reached over 300 million players worldwide. The game allowed users…
