The world’s largest crypto exchange Binance burned 2.21 billion Terra Luna Classic (LUNC) tokens in the 19th batch of the LUNC burn mechanism. As a result, the net LUNC burn by the crypto exchange reaches over 53 billion and the total tokens burned by the Terra Luna Classic community reaches over 102 billion. The 100 billion […]

An internal memo addressed to employees of the AI firm OpenAI said that the company “categorically disagrees” with the lawsuit filed against the company by Elon Musk. Musk, a former cofounder of OpenAI who is no longer part of the organization, lodged a lawsuit against OpenAI and its Chief Executive Officer Sam Altman, claiming that […]

Ever since the launch of the spot Bitcoin ETFs in January, institutional investors have shown a massive appetite for the asset class.  The inflows in the Bitcoin ETFs have been skyrocketing so far with BlackRock’s IBIT leading the market share by a huge margin. Wall Street Giants Buying Bitcoin ETFs Bitcoin is attracting interest from […]

Coinbase Chief Legal Officer (CLO) Paul Grewal has commended the Department of Energy (DoE) for its swift rectification in response to the Energy Information Administration (EIA) Bitcoin (BTC) mining survey controversy. The EIA recently announced its decision to discontinue the emergency acquisition of energy use data from Bitcoin miners. Coinbase CLO Commends DoE For Rectifying […]

The Uniswap Foundation has announced a proposal aimed at upgrading protocol governance, specifically focusing on the redistribution of protocol fees to UNI token holders. Snapshot voting for the proposal has commenced, with voting open until March 7. The proposal entails upgrading the owner of the mainnet UniswapV3Factory contract, allowing for permissionless and programmatic collection of […]

Amid a robust February that saw Bitcoin surge by 45% and break the $60,000 barrier for the first time since November 2021, Grayscale, a leading cryptocurrency asset manager, has issued a cautionary note. Analysts at Grayscale pinpoint macroeconomic factors, especially the specter of persistent inflation and the subsequent impact on Federal Reserve policy, as potential […]

Solana-based memecoin Dogwifhat is on a major price rally with gains standing at a staggering 300% over the last week. The recent Dogwifhat (WIF) price rally to $1.25 has helped some traders mint multi-million dollars in a short time. Trader Makes $3.12 Million in Dogwifhat (WIF) Price Rally Insights from on-chain data provider Lookonchain reveal […]

Cardano’s native cryptocurrency ADA has joined the altcoin party gaining 12.5% in the last 24 hours. As of press time, the Cardano (ADA) price is trading at $0.7564 with a market cap of $26.8 billion. The recent surge opens the gates for the ADA price to rally to $1. Why Is Cardano (ADA) Price Rallying? […]

In a surprising turn of events, Cardano founder Charles Hoskinson has thrown his weight behind John Deaton in his bid for a Senate seat against incumbent Elizabeth Warren. This endorsement has ignited discussions as well as optimism within the crypto community and beyond, highlighting the intersection of politics and the burgeoning cryptocurrency industry. Notably, the […]

With the support of the rally in the broader cryptocurrency market, there’s a strong undercurrent in the memecoin sector. In the last 24 hours, Shiba Inu has been leading the memecoin rally with a staggering 52% accompanied by Dogecoin’s 18% gains. The Shiba Inu price is currently trading at $0.00002. Shiba Inu (SHIB) Price Rally […]