Reaching a remarkable milestone to showcase the potential of layer-2 scaling solutions, Arbitrum has reported a staggering $72.8 million in revenue over the last 365 days. This figure underscores the protocol’s significant contribution to the Ethereum ecosystem.  It highlights a unique revenue distribution model where $ETH holders, rather than $ARB holders, have reaped the majority […]

The world’s largest crypto exchange Binance burns additional Terra Luna Classic tokens after a monthly LUNC burn. The crypto exchange burned 1.4 billion LUNC tokens in its 21st batch of the LUNC burn mechanism recently. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed over 59 […]

The AI industry saw a sentimental boost in investor opinion as Nvidia posted extremely upbeat results.  With $22.1 billion in revenue for the quarter, Nvidia reported adjusted profits per share (EPS) of $5.16. Revenue of $20.4 billion and profits per share of $4.60 were the projections made by analysts. Nvidia reported an EPS of $0.88 […]

Shiba Inu community or Shib Army moves ahead with establishing a dedicated exchange-traded fund (ETF) for Shiba Inu, after recently mentioning potential entry into the “ETF world” in a Shib Magazine. Shib Army is advocating for a Shiba Inu ETF by Grayscale Investments. Shiba Inu (SHIB) ETF by Grayscale Investments Petition Shiba Inu community filed […]

The crypto market has witnessed a significant surge in investment, with major assets like Bitcoin, Ethereum, and XRP experiencing substantial inflows totaling $5.7 billion. The latest data from CoinShares’ Digital Asset Fund Flows Weekly Report sheds light on the ongoing momentum in digital asset investments, highlighting notable trends and developments driving investor interest. Crypto Market […]

XRP is the native token of Ripple Labs launched in 2011 for facilitating transactions on the network. It is one of the most demanded crypto where its market capitalization is around $29,403,294,057. XRP price is an important event for its users and the expectations are high for it to reach the highest value. So will […]

Yuga Labs, the creator of the beloved Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections, has announced a significant change in partnership preferences with NFT marketplaces. The company has adopted an open stance, partnering solely with platforms that respect the creator’s right to payment of royalties. This action highlights the increasing worry […]

In a strategic move amid a bullish market trend, leading cryptocurrency exchange Binance has announced a temporary promotion offering fee waivers for selected cryptocurrencies on its margin trading platform. Notably, this initiative aims to incentivize users to engage in margin borrowing activities for popular assets like BTC, ETH, XRP, SOL, and more. Meanwhile, as crypto […]

The Solana ecosystem is currently buzzing with growth and striking accomplishments. Solana’s total value locked (TVL) surged to $1.9B in early 2024, a 20-month high. In addition, SOL recently surpassed BNB as the fourth-largest cryptocurrency by market cap. Solana’s recent growth shows traders’s interest in its ecosystem. Interestingly, some other Solana tokens have shown impressive […]

As per the recent court filings, the co-founder of Terraform Labs, Do Kwon, may not arrive in the United States in time for the trial with the Securities and Exchange Commission (SEC). Kwon’s legal representatives have concerns regarding the postponement of the extradition process from Montenegro, where Kwon has been detained since March 2023. Although […]