Binance Labs Backs MilkyWay For Liquid Staking Revolution

Binance Labs, the venture capital and incubation arm of Binance, has invested in MilkyWay, a liquid staking protocol operating within Celestia’s modular blockchain ecosystem. The investment aims to support MilkyWay’s mission of revolutionizing liquid staking by providing modular liquidity for rollups dependent on Celestia for Data Availability. MilkyWay’s objective is to enhance the liquidity, composability, […]

Shiba Inu Burn Rate Spikes 600% With 115 Mln Tokens Up In Flames

Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, once again curated a tidal wave of speculations across the border crypto market on Friday, as the token’s burn rate surged over 600%, nabbing significant attention globally. As per on-chain insights unveiled by the burn tracker Shibburn, the Shiba crypto community […]

Crypto Market Sees Sudden Liquidations Worth $286M

The prices of crypto including Bitcoin have plunged in the last 24 hours and the market has seen huge liquidation. More than $286 million in leveraged crypto positions were liquidated from some of these digital assets. Massive Crypto Liquidation Makes Traders Jittery According to on-chain data from CoinGlass, about 99,014 traders were liquidated in the […]