Twitter co-founder Jack Dorsey has donated $21 million to the nonprofit OpenSats, demonstrating significant support for the future of Bitcoin and decentralized social media. His belief that Bitcoin is the de facto money of the internet is reinforced by this behavior. This investment from Dorsey’s #startsmall campaign will boost all
May 4, 2024 2 mins read
In May 2024, there were 7.26 million wallets on the decentralized exchange (DEX) Uniswap, up from 3.03 million in May 2023, an increase of around 140%, according to statistics from Dune Analytics. The growth in Uniswap’s user base mirrors that of other records on the platform. The cumulative trading volume
May 2, 2024 1 min read
United States users may now purchase and trade more than a hundred different cryptocurrencies, including Bitcoin and Ethereum, using PayPal transactions via wallet, bank transfers, or debit cards, thanks to the new collaboration pact between MoonPay and PayPal. A variety of digital assets, including Bitcoin, Ethereum, Litecoin, PayPal USD, and
May 2, 2024 2 mins read
On Wednesday, crypto exchange Binance completed its 21st batch of the LUNC burn mechanism, burning 1.4 billion Terra Luna Classic (LUNC) tokens. Following Binance’s most recent burn, the cryptocurrency exchange has burned more than 57 billion LUNC in total. More than 112 billion LUNC tokens have been burnt by the
May 1, 2024 1 min read
The crypto community is becoming more worried as inflows to BlackRock’s spot Bitcoin ETF have paused for many days in a row, marking the first such occurrence since the fund’s introduction. In the US, the iShares Bitcoin Trust (IBIT) of BlackRock, which is the fastest-growing spot Bitcoin ETF, has not
May 1, 2024 1 min read
Launching support for the Lightning Network today, crypto exchange Coinbase gives its customers a quicker and cheaper option to transfer, receive, or pay with bitcoin straight from their account. In the past, Coinbase’s bitcoin transfers were handled on-chain, which meant that they may take anywhere from ten minutes to two
April 30, 2024 1 min read
Former Grayscale Investments director Phil Bonello has lately shook up the cryptocurrency world with a slew of comments and forecasts about Bitcoin’s future. Furthermore, he provided comments about the wider cryptocurrency industry. Bonello indicated that the current adverse swing in Bitcoin’s price would lead to a huge fall. Among the
April 28, 2024 2 mins read
Phoenix Wallet, a non-custodial Bitcoin lightning wallet has announced its intention to remove itself from the Google Play Store and the Apple App Store in response to the increasing governmental pressures in the United States. American users should withdraw their funds from their wallets before May 3, 2024, when the
April 27, 2024 2 mins read
SHIB, a global leader in the decentralized finance (DeFi) cryptocurrency space with millions of users, said today that it will move its decentralized exchange, ShibaSwap, from Ethereum to the Shibarium blockchain on April 30. The change represents the fundamental improvement in ShibaSwap’s evolution into “ShibaSwap,” empowering creators, cultivating relationships, and
April 26, 2024 2 mins read
Today, Binance, the leading blockchain ecosystem behind the biggest cryptocurrency exchange globally in terms of trading volume, revealed the launch of its much awaited spot copy trading strategy tool. In May 2024, the functionality will be completely pushed out for all users. Experienced users who fulfill the minimum portfolio asset size criteria may
April 23, 2024 3 mins read