Binance Labs, the venture capital arm and incubation subsidiary of crypto exchange Binance, has announced its investment into leading DeFi protocol Pendle Finance. The investment is part of Binance Labs’ commitment to supporting the next-gen DeFi projects.Pendle Finance is a decentralized yield trading protocol that provides users with the opportunity to generate substantial yields on […]
WePad, a leading IDO platform, is delighted to announce the launch of WePad 2.0, a significant upgrade that introduces a range of captivating features to enhance user experience, streamline navigation and provide greater value to its community.The new version features a sleeker and more contemporary design, improved internal mechanisms and logic, a refund system, an […]
Francis Suarez, the current mayor of Miami and GOP presidential candidate, has made a bold statement in support of cryptocurrencies. In a recent podcast interview with The Block, Suarez revealed that he was already receiving a portion of his mayoral salary in Bitcoin and intended to continue this practice if elected to the highest office […]
Nadir Hajarabi, who had been associated with the Worldcoin project since before its token launch, has publicly announced that he has cut all ties with the project. He did not disclose specifics, but revealed that he left due to several concerning factors he had witnessed, and made the final decision to leave after the release […]
Balancer, an Ethereum automated market maker and decentralized finance (DeFi) protocol, has warned users of a vulnerability that has put $2.8 million, or 0.42% of its total value locked (TVL), at risk. The protocol has set up a personal user interface on its website to determine if user funds are at risk, and suggests users […]
Nvidia’s stock prices reached a new record high on Aug 22, resulting in a surge in crypto tokens associated with artificial intelligence projects. The profits were largely from Nvidia’s AI unit, with revenue of its data center unit spiking by 171% YoY to reach $10.32 billion in Q2 2024.The market cap of the AI and […]
Jerome Powell, the Federal Reserve chairperson, has been facing criticism for his stance on using the same approach that helped the US get rid of inflation several decades ago. Arthur Hayes, the founder of BitMEX, has argued that the current economic and monetary conditions in the US are vastly different from what they were in […]
Bitcoin’s next halving event, set to take place in April 2024, could see the cryptocurrency’s price skyrocket to $148,000, according to Pantera Capital, the fifth-largest crypto hedge fund by AUM.The firm’s “Blockchain Letter” analyzed BTC’s past halving events and their subsequent impact on its price. It noted that the longest period of negative year-over-year returns […]
Bitget has announced the listing of Stellar (XLM), a project with a current market cap of $3.4 billion, on its crypto derivatives platform. Deposits and trading are now open, with withdrawals available from August 25, 2023. The XLM/USDT pair is supported in the Innovation Zone, which offers a 60-day valuation period for listed trading pairs.XLM […]
The Shiba Inu team has recently reopened the Shibarium network after it suffered technical issues during its launch. The team has also increased the network’s capacity by 1,500% to enhance security and stability. This has led to renewed interest in the ecosystem’s tokens, with the price of BONE token increasing by 15% over the course […]
