Airdrops have become a crucial tool for blockchain projects to enable user engagement and decentralized value distribution. However, Dragonfly’s latest report highlighted the unintended consequences of geoblocking policies, particularly in the United States, where restrictive regulations have led to missed financial opportunities, reduced participation, as well as significant economic implications for both users and governments. […]
World Liberty Financial Initiative (WLFI), the cryptocurrency project backed by US President Donald Trump, has concluded its token sale. During the process, it amassed approximately $590 million. This places WLFI among the top 10 largest token raises in history, as per data from ICODrops. WLFI Token Sale Unlike traditional cryptocurrencies that can be freely traded, WLFI […]
Changpeng “CZ” Zhao has denied claims that representatives of President Donald Trump’s family were involved in discussions to acquire a financial stake in Binance.US. This was after the Wall Street Journal (WSJ) published a report suggesting such talks had taken place. Details From The Statement Following the report’s release, Zhao addressed the claims in a […]
In a strong rebuke of President Donald Trump’s latest financial policy, Democratic Representative Gerald E. Connolly has called on the US Treasury Department to immediately halt efforts to establish a strategic cryptocurrency reserve. Connolly, who serves as the Ranking Member of the House Oversight and Government Reform Committee, raised concerns over what he described as […]
TL;DR The increased number of XRP addresses and the breakout of certain patterns suggest that XRP could be setting the stage for a renewed pump. The possible resolution of the Ripple v. SEC case and the potential launch of a spot XRP ETF could also drive significant price action. XRP to Go at Full Speed […]
The Best Wallet presale just broke past $11 million, and the crypto community is hyped. But this isn’t just another flash-in-the-pan presale – Best Wallet (BEST) has plans that could shake up crypto investing in a big way. Meet Best Wallet – The Crypto Wallet That Supports 60+ Chains in One App What exactly is Best […]
Following yesterday’s whale liquidation event on Hyperliquid, which saw the decentralized exchange (DEX) lose $4 million, some analysts are characterizing it as a necessary stress test that could ultimately strengthen decentralized finance (DeFi) protocols. Others have even suggested that the incident could benefit Hyperliquid’s native HYPE token in the long run. Lessons Learned The loss […]
Around 35,000 Bitcoin options contracts will expire on Friday, March 14, and they have a notional value of roughly $2.9 billion. This week’s event is a little larger than last week’s, but a mammoth end-of-quarter $11 billion options contract expiry is due on March 28. The impact on spot markets is likely to be minimal […]
Blockchain-based payments provider Ripple has received regulatory approval from the Dubai Financial Services Authority (DFSA), becoming the first company of its kind to be licensed in the Dubai International Financial Center (DIFC). The U.S.-based firm will now be able to offer fully regulated cross-border crypto payments in the United Arab Emirates (UAE), which boasts a […]
MGX has invested $2 billion in Binance, potentially marking one of the biggest funding deals in the industry’s history. This initiative represents the Abu Dhabi-based investment firm’s first entry into the digital asset and blockchain sectors, securing a minority stake in Binance. A Strategic Deal for Crypto and Blockchain Innovation In a March 12 announcement, […]