Nynu V Jamal
Base’s Meme Coins Excel: Daily Transactions Exceed 2.34 Million
In an astounding turn of events, Coinbase’s Layer 2 Blockchain, Base, has seen remarkable growth in daily transactions and total value locked (TVL). The increase in transactions and daily activities...
What Awaits in May 2024? Spot Ethereum ETF Approval or Denial?
James Seyffart, an ETF Research Analyst at Bloomberg, reiterated his pessimistic beliefs on the Securities and Exchange Commission’s (SEC) Ethereum ETF approval. Seyffart remains cynical about the ETF approval due...
What Happens To BTC Amidst the Dwindling Bets on Fed’s Interest Rate Cuts?
Bitcoin has been adversely impacted by the declining bets on the Federal Reserve’s looser monetary policies and the decreasing demand for Bitcoin ETFs. With a decline of more than 5%...
Ethena Eyes Growth Surge Backed by MakerDAO’s Stablecoin Power
Maker DAO, a decentralized blockchain protocol on Ethereum, has reportedly planned to invest $600 million in DAI into USDe and staked USDe (sUSDe) via the DeFi lending protocol, Morpho Labs,...
Bitcoin’s 30-Day Volatility Surpasses Ether’s Volatility Rate: Kaiko
The pioneer cryptocurrency Bitcoin, considered relatively stable compared to other digital assets, has recently been highly volatile. According to recent research by the analytics firm Kaiko, Bitcoin’s volatility surpassed Ether’s...
Justin Sun’s Tron Requests Court to Dismiss the SEC Lawsuit
Justin Sun’s Tron Blockchain has recently approached the New York Federal Court to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC). The platform requested the court to...
Polygon CEO Criticizes Layer 3 Networks, Cautions Potential Risks
Polygon Labs CEO Marc Boiron has reportedly denounced Layer 3 networks in his recent X post. He spotlighted the potential risks of Ethereum losing its security with the advancements of...
Pudgy Penguins Surges 7.7%, Becomes the Second-Largest NFT: Report
With a market cap of 129,676 ETH ($461,778,243), Pudgy Penguins becomes the second largest NFT after CryptoPunk. Pudgy Penguins has surged 7.7% in the last 24 hours, currently trading at...
HKVAEX Will Be Completely Unavailable From May 1, 2024: Report
HKVAEX has reportedly announced the exchange’s decision to terminate its services on April 1. The exchange urges its users to withdraw their assets by April 30, asserting that the platform...
Base Sees Record High Transactions: 2.275M Transactions and $730M Volume
In a surprising development, the Base Network witnessed a historic high in transaction volume on March March 29. Reportedly, the Base Network’s transactions recorded an astounding 2.275 million, with transaction...
Bitfinex Recommences Trading After Completing Maintenance: Report
Bitfinex, an iFinex-owed crypto exchange, has recently disclosed the platform’s “reduced performances” and announced a temporary suspension of trading. In a recent X post, Bitfinex updated that the platform would...
Breaking: Binance Introduces ENA, Launchpool’s 50th Project
Binance announced the 50th project on Binance Launchpool, Ethena (ENA), a synthetic dollar protocol. According to the platform’s official announcement, users will be able to farm ENA tokens starting on...
Binance Executives Sue Nigeria’s NSA and EFCC for Rights Violation
In a recent update on Binance’s legal tussle with Nigeria, two Binance executives filed a lawsuit against the Nigerian authorities following Nigeria’s decision to arrest the executives. According to a...
HSBC Becomes the First Bank to Launch Blockchain-Based Retail Product
The commercial banking corporation, HSBC, has reportedly become the first bank to issue blockchain-based real-world assets in the retail market, with the launch of HSBC Gold Token. As per the...
Tidal and Hashdex’s DEFI Enters Spot Bitcoin ETF Market: Report
Tidal Investments and Hashdex Asset Management recently renamed the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (DEFI), following the completion of the investment strategy’s conversion to the Bitcoin...
Ethereum Founder Proposes an Anti-Correlation Incentive Program
In a recent blog post, Ethereum Founder Vitalik Buterin proposed an “anti-correlation incentive” program to bolster decentralization in staking. The proposal intends to bring a penalty to validators’ “mundane failures”...
‘Rich Dad Poor Dad’ Author Urges Public to Save Bitcoin, Gold or Silver
Crypto investor Robert Kiyosaki, best known for his financial education book Rich Dad Poor Dad, recently reiterated his optimistic perspectives on Bitcoin. In his latest X post, Kiyosaki urged the...
SEC and Terraform Labs’ Trial Begins; Do Kwon Not Present
The civil fraud trial involving Terraform Labs’ Founder Do Kwon, reportedly began on Monday in Manhattan court. Media journalist Zack Guzman shared a series of X posts, providing more insights...
BlackRock’s Tokenized Fund Bolsters Ethereum’s TVL and Liquidity
Investment manager BlackRock’s recent launch of its first tokenized fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL), has garnered widespread attention. In response to BlackRock’s development, Ethereum advocate AdrianoFeria shared...
RippleX Alerts Users Against a Technical Glitch Affecting AMM Pools
Ripple’s development division, RippleX, has recently disclosed a technical glitch that affects the Automated Market Maker (AMM) pool on the XRP Ledger. Providing more clarity to the matter, Ripple CTO...
Grayscale Will Exhaust in Bitcoin Holdings in 96 Days, Says Arkham
Grayscale has reportedly moved 266,470 Bitcoins out of their wallets for GBTC redemptions since January 11. According to Arkham Intelligence, GBTC’s BTC holdings will exhaust in 96 days at the...
Bitcoin Miners Await Further Price Decline in Refurbished Mining Devices
A recent report reveals that 6000+ outdated Bitcoin mining machines are refurbished and resold to miners across nations. The older machines are in high demand in nations with lower electricity...
OKX Founder Dismisses Rumors About His Arrest in the United States
In a recent turn of events, rumors have circulated regarding OKX Founder Star Xu’s arrest by American authorities. However, Xu has refuted the claims by posting messages on his official...
Bitcoin Becomes the Most Preferred Cryptocurrency in the UAE
A recent report unveiled the significant gains in the crypto sector in the United Arab Emirates (UAE) over the last year. According to a Chainalysis report, the UAE has marked...
Ethereum Insider Unveils Ethereum Founders’ Fraudulent ICOs
Steven Nerayoff, a former advisor to the Ethereum blockchain, has recently raised his voice against the alleged “deceptive evolution” of Ethereum. In his latest X post, Nerayoff slammed Ethereum founders,...
