Decentralized exchange (DEX) platform dYdX will unlock $14.02 million worth of DYDX (DYDX) tokens dedicated to the community treasury and rewards for traders and liquidity providers. On Aug. 29, dYdX will release 6.52 million in-house tokens, representing 3.76% of the DYDX circulating supply. Out of the lot, 2.49 million DYDX tokens — worth $5.36 million […]
Elon Musk is reportedly planning to transform Twitter into an “updated version of PayPal,” offering low transaction costs. Speculation is that Dogecoin, Musk’s favored cryptocurrency, could become the native currency of this platform, potentially driving its price to $0.20. Musk has been having conversations with Wall Street executives on the future of Twitter, and is […]
Pomerdoge, a new P2E crypto project, has recently launched a blockchain game called Pomergame. Players can create their own avatars and custom in-game assets to upgrade their characters. They can also sell their in-game items at Pomerplace, a battle arena and marketplace. During the presale phase, 7,777 NFTs will be available for purchase, and the […]
Bybit, a notable exchange in the cryptocurrency industry, has recently seen a large outflow of Bitcoin. On a single day, 12.5k BTC, worth $320M, was withdrawn. This is the largest single-day withdrawal in Bybit’s history, leaving the exchange with a remaining Bitcoin balance of 21.5k BTC.The implications of this outflow are uncertain, but it could […]
Stargate, the leading omnichain liquidity layer, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt to the Ethereum ecosystem and beyond. Stargate’s success in connecting Ethereum networks is unmatched, with 300x more TVL than the next most-used bridge.The integration ensures that users from […]
Sue Ennis, Vice President of Hut8, recently shared her thoughts on how Bitcoin price will rise above $100,000 in the next year and how the upcoming halving will impact BTC miners. Ennis believes that if Bitcoin were to capture even 2 to 3% of gold’s market cap, it would be incredibly accretive to the price […]
OnlyFans’ parent company, Fenix International Limited, has invested nearly $20 million into Ethereum (ETH) to diversify its portfolio. According to a recent financial filing, Fenix International purchased Ethereum worth $19.89 million between 2021 and 2022. However, due to the ETH price dropping in the second half of 2022, the value of the firm’s ETH holdings […]
The crypto world has been abuzz with speculation after a previously unidentified Bitcoin wallet amassed $3 billion in BTC. Data reveals that the wallet belongs to Robinhood, the popular investing and trading platform.The wallet is now the third-largest in the world, behind Binance and Bitfinex, which possess Bitcoin holdings of $6.4 billion and $4.3 billion, […]
Stargate, the leading omnichain liquidity layer and native asset bridge, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable layer one. This integration will expand the reach of Tether’s Cosmos-native USDt, issued exclusively on the Kava Chain, to the Ethereum ecosystem and beyond. Stargate’s success in connecting Ethereum networks is unmatched, with 300 times more […]
The Shiba Inu (SHIB) ecosystem has achieved a major milestone with the successful launch of its layer two scaling solution, Shibarium. Lead developer Shytoshi Kusama has invited the Shibarmy to test the network and proceed with caution. As of Monday, the network has facilitated more than 371k transactions and over 66.99K wallets have been created.The […]
