Author: Puskar Pande
Safe Token Unlocks, Valued at $2.8 Billion Fully Diluted
Safe Protocol’s governance token, Safe, has recently become transferable, marking a significant milestone for the decentralized finance (DeFi) custodian. The announcement came through Safe Governance X.com, confirming the official unpause…
Exploring BIP-420: Unveiling OP_CAT’s Proposal for Bitcoin Covenants
Advancements in Bitcoin scripting are being spotlighted as proponents of OP_CAT push forward with their proposal for covenants on the Bitcoin network. Advocates are endeavoring to promote their initiative, emphasizing…
Injective Community Approves INJ 3.0 Tokenomics Overhaul, Boosting Deflationary Measures
An on-chain vote by the Injective community has given the green light to significant changes in the INJ 3.0 tokenomics system. The alterations, as outlined in the April 19 governance…
Resilient Performance: Spot Bitcoin ETFs See Inflows Post-Halving
Amid the backdrop of Bitcoin’s block-reward halving, spot bitcoin exchange-traded funds (ETFs) in the United States have demonstrated resilience, rebounding from a recent streak of net outflows to record another…
Strike Bitcoin Payments App Launches in Europe, Expanding Access to Lightning Network Services
Strike, the widely anticipated Bitcoin and Lightning Network payments application, has officially launched its services in Europe, granting eligible individuals and businesses across the continent access to a range of…
Ledger Live will provide instant-buy and cryptocurrency swapping services via MoonPay
While MoonPay continues to invest heavily in the physical wallet company, Ledger and MoonPay are launching a number of services aimed at digital assets for their clientele. In a statement…
The Swiss National Bank is asked by activists to increase its bitcoin holdings
The Swiss National Bank is asked by activists to increase its bitcoin holdings According to the Swiss daily Neue Zürcher Zeitung, the advocacy group is stepping up its attempts to…
Shiba Inu Raises $12 Million for New Blockchain Development
Shiba Inu, the team renowned for its widely-known memecoin, has successfully secured $12 million through the sale of its upcoming token, TREAT, to non-U.S. venture capital investors. Notable investors in…
Tether Enables Seamless Integration of USDT with Telegram Wallet on TON Network
In a significant development for the cryptocurrency space, Tether, a leading stablecoin provider, has rolled out its native USDT token on The Open Network (TON), marking a pivotal moment for…
Bitcoin Futures Gain Momentum in Brazil: 7,400 Contracts Traded on Debut
The launch of bitcoin futures contracts on Brazil’s stock exchange, B3, has sparked significant interest among investors, with 7,400 contracts traded on the first day. This surge in demand highlights…
Bitcoin Transaction Fees Drop After Record High Amid Runes Protocol Rollout
Bitcoin’s average transaction fees saw a notable decline on April 21, following a record surge the previous day during the network’s fourth halving event. According to data from YCharts, the…
Coin Center Raises Concerns Over Stablecoin Regulation Bill’s Impact on Innovation and Free Speech
Coin Center, a prominent crypto advocacy organization, has voiced concerns regarding the potential risks posed by a stablecoin regulation bill recently proposed by Senators Cynthia Lummis and Kirsten Gillibrand. The…
After obtaining a Dubai VASP license, Binance announces the launch of the token drop platform Megadrop
Through the integration of the Binance Simple Earn program and the Binance Web3 Wallet, it will also facilitate airdrops and Web3 quests. Making the airdrop experience more interesting for users…
Binance exchanges SAFU insurance fund assets for Circle’s USDC
Binance has revealed a surprising upgrade for its SAFU emergency insurance fund, turning all of its assets—roughly $1 billion—into USD Coin (USDC), Circle’s stablecoin. The exchange stated in a blog…
JPMorgan believes that the price of Bitcoin has already “priced in” the halving and anticipates a decline
JPMorgan analysts predict that the price of Bitcoin will drop after the halving since the event has already been included into the existing pricing. Reiterating their earlier identical opinions, JPMorgan…
Safe acquires Multis, a cryptocurrency treasury management company backed by Sequoia
Multis, a cryptocurrency treasury management platform sponsored by Sequoia, was bought by crypto wallet infrastructure provider Safe. The technology and senior leadership team of Multis are now part of the…
Tether reveals its intention to split up into four separate business units
The company behind the stablecoin USDT -0.0088%, Tether, revealed that it is restructuring in order to enter new markets for digital assets. To reflect its expanding focus, the creator of…
Crypto Market Cap Jumps 64% in First Quarter of 2024
The crypto market experienced significant growth in the first quarter of 2024, as reported by CoinGecko. The sector’s market capitalization saw an impressive surge of 64.5%, peaking at $2.9 trillion…
Fantasy, a cryptocurrency trading card game, launches on Blast mainnet with a points airdrop
After gaining a lot of traction on its testnet, the cryptocurrency trading card game “Fantasy” has now launched on the Blast mainnet. Crypto influencers can become trading cards in the…
The Open Network Introduces Memelandia Hub for Meme Coin Developers
The Open Network (TON) blockchain team has unveiled the Memelandia hub, a platform designed to support meme coin developers and promote their projects. This initiative aims to create a more…