Frax Finance has unveiled an ambitious singularity roadmap, setting its sights on catapulting the Total Value Locked (TVL) to an impressive $100 billion by the year 2026. This strategic roadmap represents a significant milestone in the evolution of the decentralized finance (DeFi) space, reflecting Frax Finance’s commitment to innovation and growth. At present, the TVL […]

After three years of waiting, the Reddit IPO was finally made live yesterday with the stock ticker RDDT. The IPO went live on the New York Stock Exchange with a Reddit IPO Price of $34 per share, which is at the higher end of the IPO range. The platform has set an expected price range […]

The United States government is looking to sell two private jets that are linked to Sam Bankman-Fried, the former CEO of now-bankrupt cryptocurrency exchange FTX. Sam Bankman-Fried’s Jets Gets Upgrade Judge Lewis Kaplan received a letter from U.S. Attorney Damian Williams on Friday detailing the government’s intention to sell the multi-million dollar jets. It was […]

Terraform Labs co-founder Do Kwon, according to a recent ruling, is set to be released from jail and placed under house arrest, a decision made by the Montenegrin court system. This comes in the midst of an intricate legal issue involving extradition requests from South Korea, where Kwon is wanted in connection to the collapse […]

In a riveting turn of events, following Ethereum’s most recent price correction witnessed within the broader crypto market, numerous traders appear to be offloading colossal amounts of ETH tokens. According to insights offered by the on-chain tracker Spotonchain, nearly 32.5K ETH was deposited to CEXs in the past 24 hrs, piquing significant attention. This phenomenon […]

The crypto market has faced a turbulent week across various sectors marked by declining prices and reduced decentralized finance (DeFi) activities. The cryptocurrency market capitalization has declined 6.67% in the last seven days with bigger coins taking some large hits biting into gains recorded in previous months. This week opened quite balanced for digital assets […]

With the Dencun Upgrade launch out of the way, it looks like another Ethereum update is coming to the ecosystem in the next few weeks. Developers Hint at Addition Ethereum Dencun Upgrade According to an X post from Galaxy’s researcher Christine Kim, Ethereum developers are currently considering integrating MaxEB on Electra. This comes as the […]

This week witnessed significant turbulence in the Bitcoin Exchange-Traded Funds (ETFs) market, with total net outflows nearing $900 million. Moreover, this coincides with the pullback in the Bitcoin (BTC) price and the crypto market crash. The major contributor to these outflows was the Grayscale Bitcoin ETF (GBTC), which saw staggering outflows totaling $14 billion since […]

Over the last weekend, Bitcoin and the broader crypto market witnessed some buying interest. As of press time, the Bitcoin price is trading 5.38% up at a price of $67,336 with a market cap of $1.323 trillion. Similarly, the altcoin space is showing some momentum with Ethereum (ETH) up 4.72% moving closer to $3,500. US […]

Binance, the world’s largest cryptocurrency exchange, in the previous year made the decision to exit the Russian market. As part of this move, Binance sold its Russian branch to CommEX, another digital asset exchange. This decision was prompted by a variety of factors, including regulatory challenges and compliance issues faced by Binance in Russia. By […]