According to the World Bank, Lebanon is currently under an extreme economic crisis, one of the largest since 1850 worldwide. The United Nations stated that about 78% of the Lebanese population is below the poverty line. After the October 17 Revolution the pandemic followed, banks first shut down, then reopened again, offering much lower exchange […]

It pays to have the world’s wealthiest man as a fan of your crypto. Dogecoin’s champion, Elon Musk, has again made the price of the meme-coin drastically increase. Following his Twitter acquisition, Musk tweeted the image of a Shiba Inu dog – Dogecoin’s mascot – wearing a shirt with Twitter’s logo on it. DOGE’s price […]

Aptos, a VC-backed layer-1 solution that sprang from the ashes of Meta’s bankrupt Diem project, launched its mainnet on Monday. And its native cryptocurrency, APT, is about to make its market debut. APT is the Aptos equivalent of ETH to Ethereum. The Aptos blockchain’s native token will be on sale later today on Binance, Coinbase, […]

Aptos today launched its mainnet, dubbed as the culmination of four years of technical development, as well as a $1 billion valuation.  The leading exchange, FTX, an Aptos investor, has already announced that it will list the APT token on Wednesday. Dubbed by many as a potential “Solana killer,” this is the latest high-profile attempt […]

Tether has removed the commercial paper from its reserves, according to the asset-backed stablecoin issuer’s most recent blog post. A Commercial paper is short-term unsecured debt issued by a company.  Regulators have previously criticized Tether for not being clear enough about the reserve composition of USDT, the world’s most traded cryptocurrency. With today’s action, the […]

Lido Finance has launched its staking service on layer-2 platforms, Arbitrum and Optimism. The aim of the deployment is to make Lido’s service accessible to a larger number of users and to reduce the gas fees involved. Lido Finance is offering liquid staking, the kind of Ethereum staking that allows users to withdraw the staked […]

Following last month’s airdrop of 50 million SAFE tokens, Safe has now officially launched the token, as well as its SafeDAO. In July, Safe separated from the Gnosis ecosystem where it was utilized for digital assets management purposes. Now, according to the DAO’s representative, Safe has an Ethereum-based “future-ready” infrastructure, that will lead to the […]

Tether’s USDT stablecoin is now available on the Near Network. This makes Near the eleventh blockchain, including Ethereum, Solana, and Polygon, with support for USDT. According to Tether’s representative, its stablecoin’s launch on the dApp blockchain network should further drive the company’s ongoing expansion in the world of decentralized finance. Accelerating scalability for traders and […]

Huobi is removing support for seven cryptos designed to protect traders’ privacy, including Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC), and Horizen (ZEN). The Seychelles-based crypto exchange has already eliminated trading with these coins. Placing a deposit will be possible until September 12, and the coins will be completely delisted […]

1inch announced that it will airdrop free coins in its Merkle drop, in order to reward its Optimism users. 3,782 regular users of the 1inch DEX aggregator will equally receive 300,000 OP tokens in total. After 1inch was deployed on the Optimism layer-2 scaling solution last year, this resulted in faster transactions and increased activity. […]