Wed, April 24

Binance Introduces Spot Copy Trading, Offers Automated Trading Advantages

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

1 day ago 3 mins read

SEC Fines $5.2B in Penalties on Terraform Labs and Co-Founder Do Kwon

In light of a recent civil case ruling, Terraform Labs and its co-founder, Do Kwon, are facing the prospect of heavy financial penalties from the U.S SEC. A filing made on April 19 in the U.S. District Court of New York in the Southern District of New York states that

April 23, 2024 1 min read

Venezuela Accelerates Shift to Tether (USDT) Amidst Tightening US Sanctions

In response to the harsh U.S. sanctions, Venezuela’s state-run oil firm PDVSA has reportedly taken further steps to diversify its revenue streams away from traditional fiat currency and toward digital assets such as Tether (USDT). The United States Department of the Treasury requested last week that all PDVSA users and

April 23, 2024 2 mins read

DODO Launches DODOchain: Layer 3 Omni-Trading Blockchain for Cross-Chain Liquidity

The DODO team is excited to announce the launch of DODOchain, an Omni-Trading Layer 3 that is powered by EigenLayer, AltLayer, and Arbitrum Orbit. As the first Layer3 solution, DODOchain bridges Bitcoin and Ethereum’s Layer2 effortlessly and focuses on bringing liquidity from several chains together in one place. Trade tokens on the

April 23, 2024 4 mins read

Chainlink (LINK) Poised for Bull Run as Market Recovers

As the cryptocurrency market begins to recover from the bearish impact of the East Asian crisis, altcoins are showing signs of a comeback. Among the coins leading the charge is Chainlink (LINK), whose price action reflects a high potential for a bull run, starting with another bounce back from crucial

April 23, 2024 2 mins read

Stablecoin Supply Skyrockets: Reaches $165 Billion, Highest in 2 Years

Due to rising competition caused by the issuance of new tokens, the total quantity of stablecoins linked to the US dollar seems to be heading back up towards its previous all-time high. The Block Data Dashboard reports that the total supply of USD-pegged stablecoins reached $165 billion at the end

April 23, 2024 1 min read

Thailand Cracks Down on Unlicensed Cryptocurrency Exchanges

In an effort to curb online crimes like money laundering, the Thai government will ban any cryptocurrency exchange that does not have the proper permission to operate within the nation. The Thai SEC will notify the Ministry of Digital Economy and Society of all unauthorized cryptocurrency exchanges in Thailand. Following

April 22, 2024 2 mins read

Cardano Foundation Launches New Initiative to Boost Open-Source Development

The formation of PRAGMA, a new non-profit association committed to supporting open-source blockchain software initiatives, has been announced by the Cardano Foundation. This in conjunction with four more organizations: Blink Labs, dcSpark, Sundae Labs, and TxPipe. The announcement was made by Renagh Moone, the Global Communications Director, in a post.

April 22, 2024 1 min read

Cronos Launches Spring Odyssey: 30 Projects, $35K Prizes Powered by Galxe

An integration between Layer 1 blockchain Cronos and Galxe, a community-building platform, has been revealed. Users who complete activities will get rewards totaling $35K as part of Cronos’ Spring Odyssey campaign. Following the completion of full Galxe integration, Cronos is hosting its maiden campaign, Cronos Spring Odyssey. Thirty projects including DeFi, NFTs, memecoins, and

April 22, 2024 2 mins read

Shiba Inu Secures $12 Million for FHE Blockchain Development with $TREAT Token

A number of non-U.S. strategic partners in venture capital have contributed $12 million to Shiba Inu, an interconnected ecosystem of digital assets and solutions built on the Ethereum blockchain that includes the well-known global cryptocurrency $SHIB. These partners include Mechanism Capital, Big Brain Holdings, Cypher Capital, Shima Capital, Hercules Ventures,

April 22, 2024 2 mins read