Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
Friend.tech, a once-prominent social finance app, is under fire following a significant change to its smart contracts that has sparked controversy and led to a dramatic drop in its token value. On September 8, the platform’s team relinquished control over the project’s smart contracts by setting the admin parameters to Ethereum’s null address. This move … Read more
Toncoin, the cryptocurrency associated with the Telegram ecosystem, has recently experienced a remarkable 18% price surge, reaching $5.42. This significant increase follows Telegram CEO Pavel Durov’s recent comments regarding his arrest in France, which seem to have reignited investor interest in the cryptocurrency. With this surge, many are speculating on the potential continuation of Toncoin’s … Read more
The GameStop stock saga of early 2021 stands as one of the most extraordinary events in stock market history. This unprecedented occurrence not only captivated global attention but also reshaped perceptions of market dynamics, exposing flaws in traditional trading systems and highlighting the growing influence of retail investors. As the dust settles, several key lessons … Read more
Notcoin (NOT) is currently navigating a challenging market environment, with bearish pressures intensifying as the altcoin struggles to break free from a persistent downtrend. The token’s price has faced significant resistance, reflecting a broader struggle against declining demand and reduced network activity. Here’s a comprehensive analysis of why Notcoin might be on track to revisit … Read more
In a significant development for the Shiba Inu ecosystem, Lucie has announced that a substantial amount of BONE held by validators will soon be unlocked and converted into knBONE. This move is set to enhance liquidity on the Shibarium network and create exciting new opportunities for users and developers alike. Unlocking BONE: What It Means … Read more
In a significant move for both the cryptocurrency and activist communities, Bitfinex has announced the listing of the AssangeDAO token, known as JUSTICE. The crypto exchange will facilitate trading pairs for JUSTICE/USD and JUSTICE/USDT, allowing users to engage in the token’s trading on a major platform. A Token for Freedom and Transparency The JUSTICE token, … Read more
Telegram CEO Pavel Durov recently announced a significant milestone for the social media platform: it now boasts 10 million paid subscribers. This achievement comes despite ongoing legal issues, which have sparked speculation about the potential impact on Toncoin, the cryptocurrency linked to Telegram’s ecosystem. Telegram Premium and New Features Telegram’s Premium service now has 10 … Read more
Pavel Durov, the enigmatic founder of the popular messaging app Telegram, has recently found himself embroiled in legal troubles. In August 2024, Durov was arrested in France on charges of aiding and abetting criminal offenses through his platform. The Allegations: The French authorities accused Durov of failing to take sufficient measures to prevent Telegram … Read more
EigenLayer, a prominent restaking protocol, has unveiled the second season of its stakeholder airdrop, known as the “stakedrop.” This initiative will distribute 86 million EIGEN tokens to various stakeholders, including stakers, node operators, ecosystem partners, and community members. The distribution is set to commence on or before September 17, 2024, targeting participants who have been … Read more
In a significant shift, the SunPump community has decided to transition from burning liquidity pool (LP) tokens to a fully on-chain buyback and burn process. This change comes after community feedback and confusion surrounding the original LP token burning strategy. Here’s a closer look at the reasons behind this change and its potential impact on … Read more