In a surprising turn of events, the legal counsel for Donald Trump’s new cryptocurrency venture has been accused of attempting to seize control of a rival firm. This allegation has stirred significant controversy in the burgeoning crypto industry, raising questions about ethical practices and competition. According to reports, the legal representatives of Trump’s venture engaged … Read more
Chainlink has recently unlocked and transferred 18.75 million LINK tokens from its non-circulating supply, with a significant portion—18.125 million LINK—sent to Binance. This transfer, valued at approximately $207 million, highlights the ongoing quarterly token release process, which typically sees around 20 million LINK unlocked. Since the beginning of 2022, Chainlink has moved approximately 133.4 million … Read more
US Presidential candidate Kamala Harris is set to bolster her crypto policies with backing from industry veterans, notably SkyBridge Capital founder Anthony Scaramucci. At the TOKEN2049 event in Singapore, Scaramucci announced that he and a coalition of crypto advocates are collaborating with Harris’s team to refine her stance on cryptocurrency as the November elections approach. … Read more
On September 20, South Korea’s Financial Services Commission (FSC) announced its commitment to actively support the second phase of cryptocurrency legislation, recognizing the growing convergence of the virtual asset industry with traditional finance. This initiative aims to create a level playing field for all market participants, particularly emphasizing regulations surrounding business activities and the establishment … Read more
After a prolonged period of uncertainty, the cryptocurrency market is experiencing renewed optimism following the Federal Reserve’s decision to cut interest rates for the first time in four years. This shift has led to a surge in risk assets, including Ethereum (ETH), which has climbed from a low of around $2,200 to surpass the critical … Read more
The much-anticipated CATI token for the Telegram-based tap-to-earn game Catizen has officially launched, with 150 million tokens—15% of the total 1 billion supply—airdropping to users as part of its Season 1 distribution. The launch followed a two-month delay from the initially planned timeline, but trading for the TON blockchain-based tokens began smoothly at 6 a.m. … Read more
PayPal has officially confirmed its preference for the Solana blockchain over Ethereum for launching its stablecoin, PYUSD. José Fernández da Ponte, head of PayPal’s Blockchain, Crypto, and Digital Currencies business unit, cited the Ethereum network’s shortcomings in facilitating effective payment solutions as a key reason for this decision. Solana: The Preferred Network During a recent … Read more
Arthur Hayes, the co-founder of BitMEX, has made headlines again with a significant move in the cryptocurrency market. Recently, he deposited a substantial amount of $PENDLE tokens, specifically 350,010 tokens worth approximately $1.26 million, to major exchanges Binance and Bybit. This marks a noteworthy return for Hayes, who had been inactive in the crypto trading … Read more
The gaming landscape is evolving, and the introduction of the Play Solana handheld device is a significant leap forward. Powered by the Solana blockchain, this innovative gadget is more than just a gaming console; it represents the future of gaming through the lens of Web3 technology. What Makes Web3 Gaming Different? In traditional gaming, players … Read more
Avalanche (AVAX) is making waves in the cryptocurrency market as renowned trader Captain Faibik predicts a significant price increase. With a bullish pattern emerging, many are closely monitoring the potential for AVAX to reach $45 or higher in the near future. Bullish Pattern Signals Potential Breakout The bullish pattern identified by Faibik has been in … Read more