Binance Burns 1.04 Billion LUNC in Latest Monthly Burn Event
Binance, the world’s largest crypto exchange, has been burning billions of Terra Luna Classic (LUNC) tokens in a monthly mechanism that aims to reduce the...
Blur and Binance Fight for NFT Market Dominance
Blur Lending, also known as Blend, is a peer-to-peer NFT lending protocol that works with the Blur NFT marketplace. It allows users to borrow ETH...
Bitcoin Halving 2024: What You Need to Know About the Upcoming Event
As the next Bitcoin (BTC) halving approaches, which will reduce the mining reward for the leading DeFi asset by 50%, past trends suggest that this...
Anoma raises $25m for Intent-centric Blockchain Architecture
Anoma, a layer-one blockchain protocol that aims to enable private and asset-agnostic bartering among any number of parties, has completed a $25 million fundraising round...
Ethereum Whales Sell Off: Is the Bull Run Over?
Ethereum is facing a challenging situation as recent data shows a significant drop in holdings by large investors, also known as whales. According to blockchain...
Binance CEO Changpeng Zhao Speaks on the Potential of Buying a Bank as a Solution
Binance Chief Executive Officer (CEO) Changpeng Zhao dismissed the notion of purchasing banking institutions as a solution to the prevailing debanking issue facing the crypto space during a...
Will Investors Sell-Off as Optimism Prepares to Release $587M in OP Tokens?
There are emerging concerns as Optimism (OP) is scheduled to release tokens worth $587 million, equivalent to over 386 million tokens, on May 31, potentially leading to...
How Hyped-Blockchain Canto Failed to Deliver on DeFi Promises
The decentralized finance (DeFi) sector has been one of the most promising and innovative areas of the crypto space in recent years. However, not all...
Bitcoin Miners Suffer From Low Fees and Tax Cuts
The world of Bitcoin mining is facing a series of challenges, from falling fees to rising costs and regulatory uncertainty. One of the most controversial...
XRP surges ahead of Bitcoin and Ether in Tuesday’s rally
One of the most recent developments in cryptocurrency is the surge in XRP trading volume and price. It is designed to facilitate fast and low-cost...