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Wormhole Unveils New Tokenomics to Create a Sustainable Value System

Cryptonite UAE

Wormhole has announced a significant update to its tokenomics, centered around a new model called the Strategic Wormhole Reserve. This redesign aims to create a more sustainable and predictable value system for its native W token. Centralized Revenue and Sustainable Rewards The core of the new system is the Strategic Wormhole Reserve, which will collect … Read more

Pump.Fun’s PUMP Token Soars on Binance Listing and Massive Buybacks

Cryptonite UAE

The native token of the meme coin platform Pump.Fun, PUMP, is experiencing a massive surge, climbing over 70% in a week to near its all-time high. This rally is fueled by several key factors that have made it a hot topic among traders. Why PUMP Is Gaining Momentum Major Exchange Listings: A new listing on Binance, the world’s largest … Read more

Upbit Launches GIWA, an Ethereum Layer 2 to Boost Web3 in South Korea

Cryptonite UAE

South Korea’s largest cryptocurrency exchange, Upbit, has officially launched GIWA, a new Ethereum Layer 2 blockchain. The name GIWA, which stands for “Global Infrastructure for Web3 Access,” highlights the project’s goal of making Web3 faster, cheaper, and more accessible for everyday users. GIWA is built on the OP Stack, an open-source framework from the Optimism … Read more

How to Earn Ethereum by Playing Mobile Games

Cryptonite UAE

With Ethereum’s price hitting a new all-time high, many people are looking for new ways to accumulate the cryptocurrency. One simple method that has emerged is playing free mobile games that pay out real Ethereum ($ETH) rewards. A number of games on the Bling Financial platform allow players to earn points that can be converted … Read more

Asia’s Rising Influence on Global Crypto Markets

Cryptonite UAE

Today’s news highlights the increasing impact of Asian players on the global cryptocurrency landscape, from new consumer infrastructure in Japan to Chinese capital networks supporting a major US political figure’s crypto venture. Japan’s Regulated Crypto ATM Network Japan has taken a significant step toward making digital assets more accessible with the launch of COINHUB, the … Read more

Crypto Startup BasedApp Ends Visa Debit Card Service in Singapore

Cryptonite UAE

BasedApp, a cryptocurrency startup based in Singapore, announced it’s ending its Visa debit card services and withdrawing its application for a payment services license in the city-state. The company is citing a strategic shift toward focusing on its self-custodial wallet software and international growth. Starting November 15, all of the company’s Visa debit cards will … Read more

Upcoming Crypto Unlocks to Bring $4.5 Billion in Supply

Cryptonite UAE

The crypto market is anticipating a significant influx of tokens in September, with over $4.5 billion worth of vested tokens scheduled to unlock, according to data from Tokenomist. This new supply will be released in two ways: Cliff unlocks: Roughly $1.17 billion will be released in large, one-time events. These can cause a sharp, immediate … Read more

XPIN Network to Launch on Binance Alpha with Airdrop

Cryptonite UAE

XPIN Network ($XPIN), a new decentralized wireless platform, is set to launch on Binance Alpha on August 22, 2025. The project aims to create a community-run, peer-to-peer wireless network that offers global connectivity, moving away from centralized telecom companies. Users who participate in the network can earn token rewards. To celebrate the launch and build … Read more

Bitcoin vs. Ethereum: Volatility and the “Trampoline Effect”

Cryptonite UAE

Recent market volatility has seen the total crypto market cap drop by approximately $220 billion since August 14, with Bitcoin (BTC) and Ethereum (ETH) experiencing significant outflows. While Bitcoin’s market cap loss was larger in dollar terms, Ethereum took a harder hit in percentage terms, dropping 8% compared to Bitcoin’s 5%. This indicates that Ethereum … Read more

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