The world’s largest crypto exchange Binance on Thursday announced its next major leap in the crypto industry, launching airdrops and Web3 quest platform Megadrop. Moreover, BounceBit (BB), a BTC restaking chain, is the first project on Binance Megadrop to benefit as part of the initial launch of the airdrop platform. Binance Launches Megadrop In an official […]

Bitcoin’s performance after the BTC ETF approval last week was a bummer. Most speculators anticipated a price surge above $50,000 but all they got was a sharp dip below $42,000. Although the largest crypto had climbed to $42,563 during US business hours on Wednesday, market doldrums are still in full force. For some investors, turning to the […]

Decentralized exchanges (DEXs) have grown in popularity in recent years. Their appeal lies in their transparency, offer of self-custody, and access to a wider range of cryptocurrencies. Most traders prefer DEXs for their perceived safety and since they reduce exposure to risks such as custody of your deposits. For others, DEXs offer a straightforward entrance […]

The Rocket Pool X account, linked to the fifth-largest Ethereum DApp, was hijacked by unknown perpetrators on January 17. The attackers disseminated false alerts about a breach in the platform’s smart contracts, misleading users and creating unwarranted panic. Misleading Messages Spur User Confusion The incident unfolded over several hours, and the Rocket Pool X account […]

Co-founder of Polkadot Gavin Wood, took to X earlier on Thursday to tease the release of the Join-Accumulate Machine (JAM) upgrade. This proposal is designed to revolutionize the future of Polkadot.  JAM To Replace Relay Chain Wood unveiled the JAM Gray Paper at the Token2049 crypto conference underway in Dubai, where he provided details about […]

The US regulators’ stringent regulatory actions and intense scrutiny over cryptocurrencies and crypto exchanges have shattered crypto growth and adoption. However, experts believe that the Supreme Court overruling the Chevron doctrine is almost here and will have far-reaching implications for the crypto industry as judges could end or limit the doctrine. John Deaton, an attorney […]

While Tether has been making solid progress with its USDT stablecoin capturing a huge market share, there have been several questions regarding its treasury reserves. Over the last week itself, Tether has flushed the market with an additional $2 billion in USDT coins. Amid the rising demand for the auditing of its reserves, Tether CEO […]

Samson Mow, a prominent figure in the cryptocurrency community, has recently responded to Jamie Dimon, CEO of JPMorgan, regarding Dimon’s critical remarks about Bitcoin. Dimon, a well-respected figure in traditional finance, has described Bitcoin as a vehicle predominantly used for fraudulent activities and money laundering. This statement has led to a significant debate among experts […]

Investors are closely monitoring the Cardano (ADA) price as it navigates recent turbulence in the crypto market. Today, as broader crypto assets show signs of recovery, the Cardano price has also surged following the trend and reflecting growing investor confidence.  Notably, amid this, prominent crypto analyst Ali Martinez has provided an optimistic forecast for ADA, […]

Bitcoin mining has taken a severe hit in the state of Texas as it grapples with extreme weather conditions. A drop in temperature has resulted in mining centers not being able to use enough power for a significant level of hash rate. Texas sees Bitcoin mining slow down amid power crunch The hash rate of […]