Aave DAO has initiated a major governance proposal to enhance the AAVE token economy. This proposal looks for approval for the first part of the implementation of updated Aavenomics. It updates AAVE tokenomics, protocol excess revenue redistribution, and updating AAVE secondary liquidity protocol management. Approval will trigger the implementation of
The Asian crypto community has awakened to a modest market revival after the past day’s significant crash. Leading cryptocurrencies have witnessed partial gains despite market uncertainty and a lack of bullish momentum. However, the upcoming days hold mounting tensions and more FUD due to shifting economic landscapes. Notably, Bitcoin has
In a groundbreaking move that could reshape the social media landscape, Reddit co-founder Alexis Ohanian has officially joined Project Liberty’s consortium to acquire TikTok’s US operations. Ohanian joins this consortium with a revolutionary vision of decentralizing the platform through blockchain technology. The Alexis Ohanian involvement was first reported by Reuters
FTX and Alameda Research unstaked 3.03 million Solana (SOL) tokens worth $431 million. This marks their largest SOL unlock since November 2023. The tokens were distributed to 37 wallets, with deposits likely made to Coinbase and Binance. Since November 2023, FTX and Alameda have unstaked and offloaded 7.83 million SOL,
Onyxcoin has made a strong comeback this year after being dormant for the past few years. Its XCN token witnessed a dramatic price surge of 1500% in Jan this year. However, since then XCN price has been falling with short gains in between. Today, XCN price dropped by around 20%
The crypto market continues its wild swings, with Bitcoin sliding to the $83.8K mark and Ethereum touching the $2.1K mark. Meanwhile, Toncoin (TON) has taken a hit, tumbling by over 9.58%. The crucial levels of Toncoin have been retested to confirm the bearish control. TON opened the day trading in
The global crypto market is facing a sharp downturn, with the total market cap falling to $2.77 trillion, an 8.76% drop in the last 24 hours. Market trading volume has also decreased by 15.59% to $176.55 billion, indicating reduced investor activity. The entire crypto market is bearish, pulling Bitcoin (BTC)
While the global crypto market bleeding as Bitcoin (BTC) dips to the $83,000 zone once again, GoPlus Security’s native token, GPS, has defied the trend with a sharp 16% jump in the last 24 hours. The surge came after Binance, the world’s largest crypto exchange by trading volume, revealed plans
The BitMEX and 100x co-founder Arthur Hayes predicts Bitcoin will sustain its bull market run despite recent price movement. He suggests that Bitcoin’s price might temporarily dip to approximately $70,000 before experiencing a significant rise. Bitcoin’s Potential Dip and Strong Rebound Hayes anticipates a temporary pullback to $70,000 as a
While the cryptocurrency market still hasn’t recovered, market activity has not been dormant. The crypto regulatory landscape has been spurring new developments and members have stayed active discussing speculations of the recent crash. One of the activities in the past week was former footballer Ronaldinho’s token launch. This new memecoin
