News

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 […]

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 […]

Bitcoin’s (BTC) price almost surpassed a 10-year record, and Ethereum (ETH) will reach some milestones in the second quarter of 2023 due to the upcoming mainnet update. If the price of bitcoin (BTC) continues to rise, which it has been doing daily for the past 15 days, it will overturn the record set by the […]

In August, South African software developer Kgothatso Ngako revealed a potentially groundbreaking service that could greatly enhance Bitcoin adoption rate all over Africa. The service named Machankura, which is a colloquialism for money in South Africa, allows traders with no internet access to buy and spend Bitcoin. However, according to the latest insider info, regulators […]

As part of a continuation of the global trend of cryptocurrency adoption, employees of the baseball team New York Yankees are now able to receive a piece of their salaries into Bitcoin. The owners of the team have entered a partnership with the company NYDIG in order to make this possible. The service that NYDIG […]

The past month has not been the best for Bitcoin. It’s value is now 22% percent lower than it was 30 days ago, amounting to $29,939. Moreover, Bitcoin’s market cap has also declined, falling from $750 billion to $569 billion in the same period. The results are similarly concerning in terms of Bitcoin’s daily mining […]

According to Visa Crypto Thought Leadership’s proposal, the payments giant plans to enable auto payments for customers using self-custodian wallets. As blockchain adoption increases, Visa says it is time to enable recurring payments for bills on a blockchain. While paying bills via phone banking application is a common practice, Visa proposes a new way of […]

One of Wall Street’s crypto-friendly firms, Signature Bank, will cut its corporate deposits by $10 billion, distancing itself from the digital asset industry. Signature bank CEO Joe DePaolo stated on Tuesday: We are not just a crypto bank and we want that to come across loud and clear. About 23% of Signature’s $103 billion in […]

The latest update to messaging app Telegram introduces the ability to register an account without a SIM card, through anonymous blockchain-based numbers. Until today, Telegram users could register to the app with their phone number. That phone number also served as a login. Users could find one another knowing contact details. The company emphasized that […]

Investment banking giant Goldman Sachs is ready to invest billions of dollars in crypto companies overcoming the FTX contagion. GS plans to buy or invest in companies that have lost investor interest and whose valuations have fallen, Reuters reports. Mathew McDermott, head of digital assets at Goldman Sachs, told Reuters that the FTX collapse has […]

USDC stablecoin issuer Circle terminated the deal to go public with the special purpose acquisition company Concord, due to Circle’s incomplete SEC qualification. Initially announced in July 2021, Circle planned to go public by Concord Acquisition Corp. with a valuation of $4.5B. Later in Feb 2022, the company made a new deal of $9B due […]

Financial services giant, Stripe, now offers web3 businesses a fiat-to-crypto onramp feature to seamlessly buy with fiat directly on the platform. A customizable onramp presented by Stripe can go live on any web3 application involved in paying with crypto, whether it’s an NFT marketplace, a decentralized exchange, or a non-custodial wallet. Stipe explained the rolling […]

Suresh Kumar, global CTO of Walmart, believes cryptocurrencies will be a “huge” area of disruption in the future, particularly in how customers pay for virtual and tangible things. Walmart’s CTO stated that the company is preparing to enable consumers who wish to pay with digital assets for both real and virtual items. On October 17th, […]

SEC lawsuits hit SOL, MATIC, ADA. Foundations’ statements help recovery. 😱💥 Solana ⬆️2.2%, Cardano ⬆️3.5%, MATIC 🚀5.5%.

Binance US hit by SEC! 💥 Expect a crypto-only exchange from June 13. 💼 Withdraw your USD ASAP! 💸 BNB at $262.73 despite turmoil! 💪

🚨SEC strikes again!👀 Coinbase’s facing a lawsuit for breaking securities laws. The crypto market’s rattled, Coinbase stocks plunge!📉🔥

🚨 SEC sues Binance & CEO Changpeng Zhao for securities violations 📋 13 charges pressed! Is this a fight against crypto, not just Binance? 🧐

🚨 Update: Multichain’s CEO missing; protocol services suspended for multiple chains; rumors circulate on social media. 😮

Tornado Cash DAO attacker strikes! 😱💸 But fear not, users fought back! 🛡️💪 Hackers stole TORN tokens, but a reverse proposal saved the day.

Gemini 🚀🌍 sets up shop in Dublin as its EU HQ, praising Ireland’s regulator and tech community. Expect major growth 📈💼 with MiCA!

💸💰 Euler Finance hack update: Recovered! The hacker returned $177M out of $200M, canceling the $1M bounty. Good news for DeFi! 🙌🚀

🚨 Drama in governance! Arbitrum Foundation’s proposal for control of 750M ARB tokens rejected due to community backlash. Splitting proposal into parts. 🙌

The largest decentralized exchange, Uniswap, is to bring debit and credit card payments to DeFi via the crypto payments provider, Moonpay. Uniswap is making a giant step towards DeFi adoption with an announcement of this partnership: Users can purchase crypto on the Uniswap Web App using a credit card, debit card, or bank transfer. They can convert […]

DeFi platform SushiSwap proposed redirecting all revenues paid to xSushi holders to its Treasury. SushiSwap Head Chef warned of a significant deficit threatening the decentralized exchange. Newly appointed as Head Chef, Jared Grey told the SushiSwap community: Over the past two months as Head Chef, I’ve spent most of my time analyzing the operational and […]

Decentralized finance BNB chain protocol Ankr, suffering from a massive exploit earlier this Friday, decided to compensate the liquidity providers by acquiring $5M worth of BNB. The attack was discovered by PeckShield, an on-chain security analyst, citing it happened due to a bug in Ankr protocol that allowed the hacker to endlessly mint aBNBc tokens. […]

Uniswap Labs announced the launch of an NFT aggregator, which allows trading NFTs from partnering marketplaces within the decentralized exchange. Now live on Uniswap, users can find listed NFTs from OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, Foundation, NFT20, and NFTX. The new feature primarily focuses on those who aim to trade across marketplaces, simultaneously providing […]

Last week, the Ethereum-based decentralized lending protocol Aave was left with $1.6M of bad debt due to a massive CRV sale. Aave, the leading DeFi protocol with over $5B of total value locked, has accepted a proposal by Llama and Chaos Labs, which asked to pause volatile assets due to low liquidity, following the Nov. […]

🚀 Layer 2 solutions like Arbitrum and Optimism are taking over! They’ve displaced the Ethereum mainnet in daily transaction volume for the first time. With faster and cheaper transactions, these L2 giants are a hit among users, making up nearly 80% of all L2 solutions. 🔥DeFi protocols and projects like Galxe are driving adoption of these L2 solutions, making them the go-to choice for many Ethereum users. 🚀

Offchain Labs, the company behind the Ethereum layer 2 solution Arbitrum, announced that it has acquired Prysmatic Labs, one of the key companies in charge of Ethereum’s maintenance and upgrades. This acquisition further strengthens Offchain’s importance in the Ethereum ecosystem. According to DeFi Llama, Arbitrum is already the most popular rollup solution based on total […]

Polygon has released its zkEVM testnet, used for testing Ethereum zk-rollups for dApps. Several prominent projects have immediately signed up, including DeFi platforms Aave and Uniswap, video-game company Midnight Society, and Web3 social network Lens. Zk-rollups are used to increase the speed of transactions, lower their costs, and enhance privacy. They function by condensing several […]

Ethereum’s hard fork that functions with a proof-of-work consensus mechanism, ETHPoW, is now the subject of more bad news following its bumpy launch last week. Namely, the Ethereum mining fork was hit for 200 ETHW through a “bridge replay” exploit. According to the blockchain security company, BlockSec, the attackers moved 200 WETH by using the […]

On the same day that Ethereum successfully transformed into a proof-of-stake network, its hard fork with a proof-of-work consensus mechanism, ETHPoW, launched as well. However, the launch of the mining-centric network didn’t go without issues. Namely, many users encountered issues when trying to access it. ETHPoW developers erroneously chose to use the same chain ID […]

The cryptocurrency storage company, Anchorage Digital, announced that it is launching an Ethereum-based staking service aimed at institutions. Venture capital firms, banks, and even governments will be able to earn rewards through staking on the Ethereum network. Diogo Mónica, co-founder and president of Anchorage Digital, stated that the company is “providing heightened legitimacy to market-tested […]

🚀🐸💰PEPE the Frog token surges 21,000% in 3 days, with $30M in volume & 10k holders. Will it join the ranks of successful coins or flop?🤔

Meme coin developers have announced the launch of the Ethereum mainnet beta testnet. Shibarium will serve as a layer 2 network focused on metaverse and NFTs. In a recent community blog posted on Sunday, Shiba Inu developers hinted at a foreseeable Shibarium testnet launch: We ask the community to please understand, that this phased release […]

After surging last week, Dogecoin’s value has dropped by 12.4% over the past seven days. The initial increase in value happened due to the Dogecoin name’s resemblance to Dogechain. This is a Polygon platform, that enables developers to create applications on Dogecoin in a similar fashion as when working on Ethereum. However, as soon as […]

According to a new report released by the Nationwide Affiliation of Software and Providers Organizations (NASSCOM), a non-profit organization in India with roughly 3,000 associates, India presently has 11% of the world’s Web3 knowledge. With roughly 75,000 blockchain specialists already employed, India is the world’s third biggest in terms of its World Wide Web3 workforce. […]

“Legs are coming soon!” That rather perplexing phrase remained the most after Meta’s Connect this week, the parent company of Facebook’s annual event. People were naturally confused, to say the least. In reality, the tweet from a Meta account simply announced that customers’ digital avatars in the company’s virtual world will soon grow legs, as […]

Polygon has announced that it will be collaborating with the Ocean Conservation, Exploration and Education Foundation (OCEEF). The Ethereum layer-2 network will provide the tech that will bring OCEEF’s underwater research into Web3 space. Namely, participants will be able to take a metaverse tour of OCEEF’s cutting-edge research vessel, RV Odyssey, as well as get […]

Horizon, the development team behind the NFT game Skyweaver, announced that it has gathered $40 million in Series A funding. Among other companies, video-game publishing giants Ubisoft and Take-Two Interactive participated in the funding. Skyweaver is a competitive cards game, similar to the famous video-game Hearthstone, but with playing cards being in the form of […]

United Arab Emirates (UAE) has announced that it is preparing a virtual metaverse headquarters for its Ministry of Economy. The metaverse building will be the third address where the UAE Ministry of Economy resides, apart from the two physical ones in Abu Dhabi and Dubai. It will feature several floors, each one dedicated to a […]

Robinhood has unveiled the beta version of its upcoming Web3 wallet, focused on streamlining crypto trading. Thus, 10,000 lucky customers who have applied for the crypto and stock trading platform’s waiting list will be testing the wallet prior to its full launch. Robinhood’s beta Web3 wallet is available exclusively on Apple’s devices. The app allows […]

Layer-1 blockchain Zilliqa has unveiled its very own video-game console and hub, intended to provide a Web3 gaming experience. The Zilliqa console is presented as being user-friendly for players, who don’t need to know anything about Web3 to enjoy themselves. Blockchain tech, crypto wallet, and mining capabilities will all be seamlessly integrated. Console’s complete technical […]

While ETHPoW had gotten off to a rocky start, here’s some good news for the supporters of the Ethereum’s proof-of-work mining hard fork. Namely, Binance has now launched an ETHW mining pool through its Binance Pool service, that allows users to join forces and mine ETHW tokens collaboratively. Additionally, ETHW miners on Binance will not […]

Blue Safari Group SPAC has once again delayed its merge with the Bitcoin mining company, Bitdeer. SPACs, or special purpose acquisition companies, are created with the purpose of raising capital and taking other companies public through a merger or acquisition. Valued at $4 billion, Bitdeer was already supposed to go public following the merger with […]

As we reported in July, the senate in Paraguay had then passed a bill introducing the crypto legal framework to the Latin American country. However, president Mario Abdo Benítez has now decided against ratifying the part of the bill that would have recognized crypto mining as an industrial activity. If the senate-approved bill had been […]

Georgia has been one of the Bitcoin mining paradises because the country is rich in hydropower, it has quick and efficient business procedures, and is conveniently located on the crossroad between Europe and Asia.  Around half of the total mining capacity in Georgia is at an industrial level but the country is also home to […]

Trump defies indictment to launch Series 2 of his NFT collection on Polygon! Buy 47 tokens+ for a chance to dine with him at Mar-a-Lago! 🃏💰🍽️

All-time tops conquer Ordinals protocol. 🚀 This 300-piece generative art collection will be inscribed onto satoshis. Driving Bitcoin or driving nuts?🐒

Blur blows OpenSea💥, NFTs are flipped like DeFi tokens. Is the NFT market 🚀 growing, or is it just a game of whales?🐋

Here we go with Spacers NFT Collection contest results! We’re excited to announce the four lucky winners, who will each receive a Spacer pod NFT with a TradeCrypto patch. Thank you to all of the participants who entered the contest and purchased Spacers and equipment. We hope you had a blast on this one-of-a-kind journey […]

New research by hildobby, an anonymous data analyst for DragonFly and Dune, has shown that up to 80% of trades in January 2022 were wash trades. As you can see from Dune Analytics’ data table, the record increase in turnover in January this year was due to interest in NFTs and wash trades. January trading […]

According to the class action lawsuit, Yuga Labs and Bored Ape Yacht Club executives failed to disclose their connections to celebrities promoting the NFT project, violating state and federal laws. Related: Crypto Digest From TradeCrypto.com #179 After a series of investigations into Yuga Labs. Scott+Scott law firm filed lawsuit in the U.S. District Court’s Central District […]

NFT sales in November rose for the first time in seven months to $568.19M, despite the sharp decline in the overall crypto market caused by the FTX collapse. Over the past 30 days, NFT sales have been 22.37% higher than October’s sales. According to CryptoSlam NFT Global Sales Volume Index, November sales grew 13.2% in […]