Culture Coins: The Cryptocurrency Revolution in United Communities
TL;DR Emergence of a new class of memecoins called “Culture Coins”. These digital currencies represent cultural, political and lifestyle values. Examples like $MOUTAI and $ZYN...
blockchain
Bitcoin Surpasses $72,000: Crypto Companies’ Stocks Rise Ahead of Halving
TL;DR Bitcoin surpasses $72,000, boosting shares of crypto companies. Coinbase shares rise 5.71% in pre-market trading. BTC rewards halving increases market optimism. In the financial...
Grayscale Adjusts Portfolio and Removes ADA from GDLC: Market Reactions and Perspectives
TL;DR Grayscale Investments adjusts its portfolio by removing ADA from the GDLC fund based on the index methodology. Charles Hoskinson, founder of Cardano, reacts with...
Sony Bank and Sota Watanabe Join Forces to Launch Stablecoin and Blockchain
TL;DR Sony Bank and Sota Watanabe collaborate to launch a stablecoin and a blockchain. The project is in the preparation phase, marking the company’s foray...
Wormhole Attracted a Horde of Scammers During its Airdrop
TL;DR The recent Wormhole airdrop garnered significant community interest by distributing over $800 million worth of W tokens to eligible users. There was a proliferation...
Galaxy Digital Leads $100 Million Fundraising for New Cryptocurrency Projects
TL;DR Galaxy Digital, led by Mike Novogratz, is raising a new $100 million investment fund. The majority of the funding is expected to come from...
Binance Unveils SAGA in its 51st Launchpool: An Opportunity to Acquire Tokens and Engage in Crypto Ecosystem Growth
TL;DR Binance introduces the SAGA token to its 51st Launchpool. Users can participate in obtaining tokens by staking BNB or FDUSD. The Launchpool will begin...
Aave Proposal to Mitigate Risks Amid MakerDAO’s DAI Expansion
TL;DR Aave launches proposal to counter MakerDAO’s DAI expansion risk. The proposal seeks to adjust the DAI risk parameters in Aave, setting the LTV at...
FixedFloat Was Hacked Twice in Less Than a Month
TL;DR The crypto industry faces constant challenges with cybercrime. The recent hack of the DEX FixedFloat marks another alarming incident. In less than a month,...
US States Eye Cardano Blockchain for Voting Security: What Could This Mean?
TL;DR Several US states have approached the Cardano Foundation to explore blockchain-based voting solutions. The CEO of the Cardano Foundation, Frederik Gregaard, confirmed the interest...