Sat, February 21

Memecoin Mania Tumbles as Experts Predict Significant Downfall

During the Blockchain Futuristic Conference in Toronto, Canada, a live discussion took place at the WonderFi main stage titled “Memecoins, Social Investing, and DeFi – How Retail Trading Will Continue Evolving.” Jelena Djuric, CEO of Noble and a panel speaker, expressed her skepticism about the longevity of these memecoins in

August 14, 2024 2 mins read

Upbit Officially Lists Aethir (ATH) on KRW and BTC Markets

South Korea’s largest cryptocurrency exchange, Upbit, has officially announced listing Aethir (ATH) on its KRW and BTC markets. Aethir is a decentralized cloud computing project, targeting the rising computational demands of AI and gaming. Aethir’s cloud computing approach positions it as a key player in these sectors. The Aethir network

August 14, 2024 2 mins read

US Bitcoin ETFs on Track to Surpass Satoshi Nakamoto’s BTC Holdings

The launch of spot Bitcoin exchange-traded funds (ETFs) in the US has made waves in the crypto market and the global financial markets, sweeping the community’s attention since January. The total Bitcoin held by these U.S. ETFs is on the brink of surpassing Satoshi Nakamoto’s 1.1 million BTC cache.  Bitcoin

August 14, 2024 2 mins read

Is Coinbase’s cbBTC Poised To Challenge WBTC?

Coinbase, one of the leading cryptocurrency exchanges, has recently launched its own wrapped Bitcoin token, cbBTC, on the Base blockchain. This move comes amid growing speculation and significant announcements surrounding wrapped Bitcoin (WBTC), which remains a major topic of discussion within the crypto community. Just hours ago, Coinbase tweeted about

August 14, 2024 2 mins read

Binance Reopens in India After Fulfilling $2.25M Penalty and Registration

All users in India may now access the URL on the Binance website, since it has been completely restored. Several severe measures were implemented once the exchange encountered regulatory problems in India. But the exchange is now starting to make waves in India’s market, thanks to a slew of fine

August 13, 2024 2 mins read

US Court Partly Revives Lawsuit Against Binance US Over HEX Token

A class-action lawsuit against Binance US, has been revived by an appeals court in the US. The lawsuit, which had been partly reinstated after being dismissed earlier, claims that the price of the HEX token was manipulated. A class action lawsuit against Binance US was largely reversed by the United

August 13, 2024 2 mins read

PayPal’s PYUSD Stablecoin Supply on Solana Exceeds Ethereum

PayPal’s U.S. dollar-pegged stablecoin, PYUSD, has seen significant expansion since its inception, with its supply on Solana now exceeding that on Ethereum.  In August 2023, PYUSD launched on Ethereum in partnership with custodian Paxos, and its initial supply grew to $230 million by the end of the year. Due to

August 13, 2024 2 mins read

U.S Spot Ethereum ETFs See $4.9M Inflows, Ending 3-day Outflow Streak

On Monday, $4.9 million poured into U.S. spot Ethereum ETFs, while the Grayscale Ethereum Trust (ETHE) witnessed its first day of trading with zero flows since converting into an ETF. After three days of negative flows, the net inflows of the nine ether ETFs was recorded, according to statistics from

August 13, 2024 1 min read

Backed Collaborates with eNor Securities to Boost RWAs on Emerging Markets

A pioneer in asset tokenization, Backed today announced a ground-breaking collaboration with Latin America’s eNor Securities, a regulated investment exchange and marketplace for tokenized assets. With this partnership, a significant milestone will be reached as retail investors in the rapidly expanding LATAM market will have access to Backed’s tokenized securities, also

August 13, 2024 2 mins read

Aurora Labs Integrates Bitcoin With NEAR via New Light Client and Relayer

Aurora Labs revealed the release of Bitcoin Light Client and Relayer, which connects the Bitcoin network to the NEAR protocol for the first time. The integration increases web3 compatibility and opens the door for new DeFi use cases. On the NEAR network, Aurora Labs’ Bitcoin Light Client functions as a

August 13, 2024 3 mins read
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