Abdulkarim Abdulwahab
Defunct Crypto DEX Etherdelta Still Holds $42M in Customer Assets
Conor Grogan, a director at Coinbase, one of the leading crypto exchanges, updated the crypto community about a decentralized exchange (DEX) that phased out of the market with many people’s...
Meme Coin FLOKI Cuts Transaction Tax After Burning 5 Trillion Tokens
Floki (FLOKI), the meme coin fondly described as the people’s crypto, has officially reduced its tax transaction on the ecosystem to 0.3%. The Floki team announced the reduction yesterday via...
Binance Gives WazirX Deadline To Withdraw Users’ Funds from Its Service
The largest crypto marketplace Binance has asked the Indian rival exchange WazirX, run by Zanmai, to withdraw its leftover assets and stop using the Binance wallet service. Binance communicated this...
US-based Mining Firm Produces Bitcoin Worth $16 Million in January
The US-based Bitcoin mining firm Marathon Digital Holdings started the year by producing a record number of Bitcoin (BTC) in January 2023. According to an official statement from the company...
Crypto YouTuber Logan Paul Faces Lawsuit Over Alleged Rug Pull
Famous crypto Youtuber Logan Paul and CryptoZoo have been named as defendants in a newly filed class-action lawsuit, which alleges they stole millions of dollars worth of crypto via a...
Another Solana DeFi Lender Sends Users Packing with Their Funds
In a seven-part tweet yesterday, Everlend Finance, a Solana-based DeFi lending protocol, announced that it was shutting down its app platform, asking users to take their funds elsewhere. Everlend Finance...
Over 410 Trillion SHIB Tokens Worth $5B Have Been Burned So Far
In the past week, over 42 million units of the Shiba Inu (SHIB) meme tokens have been sent to dead wallets, consequently burning the coins, according to the burn tracking...
Ark Invest: Crypto And Smart Contracts Market Could Hit $20 Trillion
According to Ark Invest, a global asset management firm specializing in disruptive innovation, the crypto and smart contacts could respectively command over $20 trillion and $5 trillion in market value...
Celsius to Allow Eligible Users to Withdraw 94% of Custody Asset
The bankrupt crypto lender Celsius has reaffirmed the commencement of customer withdrawals in the coming days. It shared a 1,400court document via Twitter early today, noting that the withdrawal will...
Bitcoin Soars to $37K in Nigeria as Apex Bank Enforces Digital Cash
Recently, the prices of major cryptocurrencies in Nigeria, the most populous African country in the world, have been growing exponentially as its apex bank urges citizens to go digital. According...
dYdX Processes $466B from 33,900 Traders in 2022 with $137M in Fees
Yesterday, DYDX Foundation, an independent not-for-profit layer two protocol, released its 2022 ecosystem annual report, capturing its performance and achievement through the widespread bear market. In 2022, the dYdX protocol...
Cardano Partner Plans 400% to 800% Reserve Ratio for DJED Stablecoin
COTI, the layer-one protocol overseeing the upcoming algorithmic stablecoin of the Cardano blockchain, has shared an update regarding the collateralization ratio of the coin. In a blog post over the...
SHIB and Solana: Most Viewed Coins on CoinMarketCap in Past 24hrs
According to the market tracking platform, CoinMarketCap, crypto enthusiasts have had their eyes in the past 24 hours on the meme token Shiba Inu (SHIB) and Solana (SOL), the coin...
CryptoQuant: Spot Market Led Bitcoin’s Rise, Expect Trend Reversal
According to Wenry, a crypto analyst at CryptoQuant, a data analytic firm, the current bullish price of Bitcoin (BTC) is driven by transaction volumes on the spot market, while futures...
Crypto YouTuber Asks Web3 Community to Accumulate More Ether Tokens
Lark Davis, a popular crypto Youtuber, is asking the crypto community to accumulate more Ethereum (ETH) tokens. Davis shared this sentiment on Twitter early today, noting that Ethereum is deflationary...
Aave V3 Sees $26M Deposits and $6M Loans after Last Friday Launch
According to an official tracking website, the recently launched version three of the decentralized finance lending protocol, Aave V3 (AAVE), has attracted $26.10 million in deposits and $6.66 million in...
White House: No Greenlight for Pension Funds to Enter Crypto Market
On January 27, the US White House issued a statement outlining steps the administration of President Joe Biden may take to reduce the dangers posed by virtual currencies. Much of...
Elon Musk Reaffirms Vow to Eat on TV When McDonald’s Accepts DOGE
Today, Elon Musk, the CEO of Twitter, reaffirmed a vow he made precisely a year ago that he would eat a happy meal on live TV if McDonald’s accepted the...
On-chain Development on Polkadot Surpasses that of Cardano Network
Recently, the Polkadot (DOT) blockchain has surpassed the Cardano (ADA) blockchain as the most active crypto network in terms of development. According to a top-ten list by the on-chain analytic...
Saylor: BTC Offers Savings Account For Those Who Can’t Run Hedge Fund
Michael Saylor, the chairman of MicroStrategy, one of the leading institutions holding crypto, describes Bitcoin (BTC) as a bank in cyberspace offering secure savings account to billions of people who...
South Korea Orders Arrest of Bithumb Chairman and Two Other Execs
According to a local media report, the prosecution looking into the allegations of theft against the leadership of the Korean Bithumb crypto exchange has requested an arrest warrant for the...
COTI Initiates Chain Syncing to Unveil DJED Stablecoin Next Week
COTI, the layer-one protocol overseeing the upcoming algorithmic stablecoin of the Cardano blockchain, has officially confirmed that the long-awaiting ‘DJED’ stablecoin will premiere next week. In an official blog post...
CryptoQuant CEO Calls Tech Giants to Rescue US Miners from Debt Crisis
Ki Young Ju, the CEO of data analytic firm CryptoQuant is calling on wealthy investors to undertake a rescue mission of buying out US-based Bitcoin (BTC) mining companies and their...
Goldman Sachs Ranks BTC Above Gold, Real Estate, and 22 Other Assets
According to the year-to-date asset return of Goldman Sachs, one of the most prominent financial institutions in the United States, Bitcoin (BTC) was the best-performing asset in the world. Goldman...
Lawyer Clarifies the Flaws in SEC’s Claim that XRP Is a Security
In a series of tweets today, famous blockchain lawyer John Deaton explains the shortcomings in the US Securities and Exchange Commission’s (SEC) claim that Ripple’s native blockchain token, XRP, constituted...
