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Solana Memecoin Mayhem: WIF, BONK, & POPCAT Prices Plunge

Cryptonite UAE

Solana-based memecoins like dogwifhat (WIF), Bonk (BONK), and Popcat (POPCAT) have paused their recent rallies. WIF lost 9.92% of its value in the last 24 hours, while BONK and POPCAT experienced decreases of 7.49% and 11.31%, respectively.  This suggests a shift in selling pressure compared to previous days when these tokens were showing signs of … Read more

Animoca Brands Japan Announces NFT Launchpad Name: “SORAH by Animoca Brands Japan”

Cryptonite UAE

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

Get 2x the Ether: New Leveraged ETF Launches June 4th

Cryptonite UAE

A notable development is unfolding in the cryptocurrency realm as the Volatility Shares 2x Ether ETF (ETHU) is set to commence trading on June 4. This milestone marks the debut of the first leveraged ether (ETH) ETF in the United States, following the green light given to a leveraged bitcoin ETF roughly a year earlier. … Read more

Sei Network Airdrop Alert: Claim Your Share of 27.4 Million SEI

Cryptonite UAE

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

Consensus 2024: A Gathering of Crypto luminaries

Cryptonite UAE

Taking place May 29th to 31st, 2024, Consensus 2024 promises to be a landmark event in the ever-evolving world of cryptocurrency and blockchain technology. This year’s iteration, hosted by CoinDesk in Austin, Texas, brings together a stellar lineup of speakers and promises to be a hotbed of innovation, debate, and exploration of the future of … Read more

FTX Liquidators Prepare to Sell Bankman-Fried’s $30M Penthouse and Bahamas Real Estate

Cryptonite UAE

Following the downfall of FTX, the crypto exchange formerly led by Sam Bankman-Fried, the opulent real estate assets accumulated by the company are set to be sold. As per a Bloomberg article, the administrators in charge of FTX’s assets are gearing up to offload the properties obtained during the exchange’s prosperous period before its collapse … Read more

Aptos Blockchain Breaks Record with 115.4M Daily Transactions (Surpassing Solana)

Cryptonite UAE

Aptos, a layer-1 blockchain platform created by former Facebook employees, recently set a new benchmark in blockchain transactions. On May 25, Aptos recorded an impressive 115.4 million transactions in a single day, significantly outpacing Solana’s 31.7 million, as reported by Aptoscan. This surge in transaction volume not only broke previous records but also exceeded the … Read more

Litecoin: Whales on the Move, Should You Invest Now?

Cryptonite UAE

While Bitcoin and Dogecoin often steal the spotlight in crypto news, Litecoin, despite being a quieter presence, remains a significant player in the industry. Renowned for its fast transaction speeds and efficiency, Litecoin holds a place in the top 20 cryptocurrencies by market capitalization, yet it sometimes goes unnoticed by certain crypto enthusiasts and investors. … Read more

Binance MegaDrop Offers Lista Tokens for Staking BNB or Completing Web3 Tasks

Cryptonite UAE

Binance, the leading cryptocurrency exchange globally, has introduced the second project on its newly launched Binance MegaDrop platform: Lista (LISTA). MegaDrop offers users early access to select Web3 projects before their tokens are listed on Binance, integrating Binance Simple Earn and the Binance Web3 Wallet for a seamless airdrop experience. Lista functions as a liquid … Read more

30 Million Users Strong: Notcoin Drives Crypto Adoption on Telegram

Cryptonite UAE

Telegram’s extensive user base is proving to be fertile ground for cryptocurrency adoption, with viral games like Notcoin gaining immense popularity. Notcoin amassed over 30 million users on Telegram and established TON-based cryptocurrency wallets in under two months. The “idle game” allows users to earn NOT tokens by tapping their screens, leading to 3% of … Read more

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