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A recent estimate reveals that more than a dozen memecoin pre-sales on Solana have been abandoned soon after raising funds.

Memecoin developers rugpulled over $26m in pre-sales on Solana amid March’s craze

More than a dozen of the memecoin pre-sales on Solana, which collectively generated over $26 million over the past month, have been abandoned, suggesting a potentially larger scal...

4 months ago

The increasing Bitcoin network fees could complement miner revenue post-halving thanks to the emergence of Ordinals inscriptions and BTCFi, according to Acheron Trading’s CEO.

10 days until halving: Bitcoin mining profitability won’t necessarily fall

Bitcoin mining profitability won’t necessarily fall after the upcoming Bitcoin halving, despite a 50% Bitcoin supply issuance reduction, Laurent Benayoun, the CEO of Acheron Trading, ...

4 months ago

Robert F. Kennedy Jr. is a big time Bitcoin and decentralized tech advocate who has promised to back the U.S. dollar with BTC if elected as president.

RFK Jr. wants to put the entire US budget on a blockchain

American presidential candidate Robert Francis Kennedy Jr., aka RFK Jr., wants to put the entire United States budget on a blockchain. During a Michigan rally on April 21, he pro...

4 months ago

The new platform combines airdrops and quests into a loyalty program.

Binance launches ‘Megadrop’ early access program for Web3 rewards

Cryptocurrency exchange Binance recently launched an early access incentive and rewards program for web3 users featuring airdrops and quests. Dubbed “Megadrop,” the n...

5 months ago

According to Bybit data, the growth trend of CEXs has failed to overtake the growth rate of decentralized exchanges (DEX), as major DEX Uniswap v3 increased volumes by 320%.

OKX, Binance and Bybit monthly volumes tripled since late 2023

A new report says trading volumes on global centralized cryptocurrency exchanges (CEX) like Binance have spiked significantly since late last year. According to data from the Bybit Ins...

5 months ago

With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.

Tether announces restructuring to go beyond stablecoins

Tether — the operator of the eponymous Tether stablecoin, the world’s largest stablecoin by market value — is restructuring to introduce new divisions beyond st...

5 months ago

Smart contract platform Nibiru Chain has unveiled a $15 million initiative in NIBI tokens to fuel its developer ecosystem.

Kraken-backed Nibiru Chain allocates $15m in NIBI tokens to boost developer activity

Nibiru Chain, a proof-of-stake blockchain backed by HashKey Capital and Kraken Ventures, has allocated $15 million in NIBI tokens as part of the so-called Nibiru Builder Gran...

5 months ago

Binance’s billion-dollar emergency fund was previously held in three wallets: Bitcoin, Tether, True USD and BNB.

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest crypto exchange, Binance, is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin stablecoin and now holds 3% of its circulating supply.&...

5 months ago

Escaped South Korean Criminal ‘Had Help from Others’

Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

The Ministry of Justice said on April 17 that the suspect was being held at the Seoul Detention Center on fraud charges. The center allowed the suspect to leave in November 2023 to att...

5 months ago