Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
The Sei Foundation has issued an official statement confirming the update of the Sei Airdrop Checker, ensuring users will now receive precise results. Sei Airdrop Checker Revises User Requirements The updated blog post numbers show that there are now more qualified wallets despite the airdrop criteria staying the same. Addresses have to be linked and … Read more
On May 31, 2024, Animoca Brands Japan, a key subsidiary of Animoca Brands, unveiled the name of its NFT launchpad, SORAH by Animoca Brands Japan, slated for a summer 2024 release. SORAH will serve as a platform supporting NFT projects and creators by facilitating their NFT sales. It will offer selected projects sales opportunities and … Read more
The Sei Foundation has announced the launch of the second Sei airdrop, distributing 27,421,200 SEI coins to 43,052 individual addresses. This airdrop specifically targets active users since the Sei mainnet’s inception, particularly those involved in network security through staking and liquid staking, as well as collectors from leading NFT communities. Users can now check a … Read more
The blockchain-based social platform Farcaster witnessed a surge of 17% in its community-created token, DEGEN, following confirmation of a $150 million funding round. Led by Paradigm, with participation from other venture firms including Andreessen Horowitz and USV, the Series A round aims to support Farcaster’s long-term development. Former Coinbase executive and Farcaster founder Dan Romero … Read more
Meet NuChain: a groundbreaking blockchain platform engineered for unmatched speed, cost-effectiveness, and user-friendly experience. Unmatched Performance: 200,000 Transactions Per Second (TPS): Experience lightning-fast transaction processing that outperforms even the most demanding applications. Transactions can cost as little as $0.000001 USD, making NuChain ideal for cost-conscious organizations and high-volume use cases. Empowering businesses: Build Your Own … Read more
Lookonchain, an on-chain analytics platform, recently disclosed an intriguing transaction involving a crypto whale. On May 16, the whale initiated a transfer of 1,870.68 ETH from the cryptocurrency exchange Gemini to a newly created wallet. Subsequently, the whale utilized 1,870 ETH from this wallet to acquire 6 million ONDO tokens. This transaction has garnered considerable … Read more
On May 14, a hacker began siphoning user funds from the decentralized exchange (DEX) Equalizer. The misuse of funds came to light when the Equalizer team alerted users via a post on X, advising them to cease interactions with the exchange. As of now, the hacker has stolen approximately 2,353 Equalizer (EQUAL) tokens along with … Read more
BounceBit, a protocol for restaking Bitcoin (BTC), has officially unveiled its mainnet today at 02:30 UTC. Following this milestone, the company will commence its BB token airdrop from 08:30 to 10:00 UTC. Moreover, the highly awaited listing of BB tokens on cryptocurrency platforms KuCoin and Gate.io is poised to enhance its market reach. Trading for … Read more
Around $20 million worth of bridged Ether has been unexpectedly returned to the ZKasino wallet, nearly three weeks after users accused the platform’s founders of an exit scam. This development, reported on May 9 through an X feed dedicated to recovering funds from the scam, shows that a significant portion of the missing funds, approximately … Read more
The majority of Polygon’s [MATIC] profits from 2023 and early 2024 have been lost. Will the losses be recouped? Only a small number of the altcoins that saw significant recovery in Q4 2023 have continued to gain traction. A notable exception in both Q4 2023 and Q1 2024 was Solana [SOL]. Sadly, other altcoins suffered … Read more