Drift Expands Its Offering with Prediction Markets on Solana
TL;DR Drift adds prediction markets to its Solana platform, allowing bets on binary events using various cryptocurrencies. The new BET feature enables users to earn yields on collateral…
Cryptocurrencies
Crypto Trader Turns $650 into $67,300 in Seven Hours with Meme Coin on Tron Network
TL;DR A cryptocurrency trader turned $650 into $67,300 in just seven hours trading on the Tron network. Bought 6.87 million Sundog (SUNDOG) and sold…
Bitfinex Partners with Komainu to Enhance Institutional Crypto Trading and Custody
TL;DR Bitfinex partners with Komainu Connect to enhance security for institutional cryptocurrency trading. The integration uses Ledger Tradelink™ technology to enable secure off-chain trading.…
Riot Platforms Increases Its Stake in Bitfarms: Acquired One Million Shares
TL;DR Riot Platforms increases its stake in Bitfarms to 18.9% after acquiring an additional one million shares at an average price of $2.28 per…
Crypto.com Becomes the First Exclusive Cryptocurrency Partner of the UEFA Champions League
TL;DR Crypto.com becomes the first exclusive cryptocurrency partner of the UEFA Champions League. The partnership seeks to increase cryptocurrency adoption among football fans worldwide.…
Bitget Wallet Surpasses 30 Million Users and Leads Growth in the Web3 Ecosystem
TL;DR Bitget Wallet has reached 30 million global users, driven by its focus on international expansion and Web3 innovation. By July 2024, the app’s…
Potential Bitcoin Crash: A Pathway to New All-Time Highs?
TL;DR Cryptocurrency experts predict a possible violent Bitcoin collapse before reaching new all-time highs. Bitcoin’s growing market dominance could signal a sharp decline, according…
deBridge Finance Launches New Tools and a Foundation to Strengthen Its Ecosystem
TL;DR deBridge Finance launched the Airdrop Checker to verify users’ eligibility for their upcoming airdrop. The deBridge Foundation has been created to drive the…
Expert Believes Crypto Market Has Passed Its Most Critical Phase
TL;DR Fundstrat founder Tom Lee believes the worst moment of the cryptocurrency market correction is over. Lee highlights the stabilization of the volatility index…
MakerDAO Community Concerns Over the New Control of WBTC
TL;DR BitGo plans to transfer control of Wrapped Bitcoin (WBTC) to a joint venture with BiT Global, involving Justin Sun and the Tron ecosystem.…
Cardano (ADA) Records 2.5% Inflation, the Lowest Among Major Cryptocurrencies
TL;DR Cardano (ADA) has recorded an inflation rate of 2.5% over the past year, significantly lower than that of Avalanche (AVAX), Polkadot (DOT), and…