Author: News Room
Top global crypto exchange Binance is rolling out support for a new layer-1 crypto project via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 51st project will be Saga (SAGA), a web3 platform designed for developers. Saga aims to enable developers to launch interoperable, application-specific chains called “Chainlets.” Explains the project’s website, “We are building this by rearchitecting developer and end-user interactions with blockchains. Using shared security, innovations in validator orchestration, and an automated deployment pipeline, Saga makes launching a dedicated blockchain, or Chainlet, as easy as deploying a smart contract.” Between…
TL;DR Binance updates its platform to include additional trading options for Mexican users. The move coincides with a rising adoption in the region and could drag even more people into the world of crypto. The world’s largest cryptocurrency exchange continues to update its platform to improve users’ experience and respond to the latest trends. Most recently, it disclosed that it will open trading and enable Spot Algo Orders Trading Bots services for the USDT/MXN pair. The service will become available on April 10. MXN is the symbol of the Mexican peso (the national currency of the North American country). Numerous studies…
When people talk about Bitcoin ETFs and how they change the Bitcoin market, they often think it will happen faster than people may think. But top traders think differently. They believe the ETF effect will take years to fully show up. ETFs are a new way for regular investors to put money into Bitcoin without buying the cryptocurrency directly. So far, any money that has come into Bitcoin because of ETFs is just an extra help. Traders think that in the future, it will be clear that ETFs will bring a lot more money into Bitcoin. This idea makes sense…
Flamingo Finance is relaunching its Ambassador Program this month using lessons learned from its previous iteration. Beginning in April, participants can undertake onboarding or promotional activities for the DeFi platform and earn monthly rewards from a pool of US $500 in GAS. The Ambassador Program was designed to incentivize Flamingo community members to create engaging and informational content to educate new users about DeFi in the Neo ecosystem. This can take the form of a well-thought-out response to a question in Discord or Reddit, an in-depth Twitter thread, a unique blog post, or any other creative way to disseminate information.…
Nyan Heroes, the Solana-based feline mech shooter, reported Friday that it has amassed over 100,000 players who have downloaded and played the game since its pre-alpha demo launched on the Epic Games Store on March 25. “The Nyan Heroes pre-alpha demo has been in full swing for 10 days, and we have been absolutely purring with all of the reception it has received,” developer 9 Lives Interactive said in a Medium post. With less than a week left until the end of the pre-alpha demo on April 9, Nyan Heroes announced plans Friday to offer leaderboard rewards for the top…
Tether mints another batch of USDT stablecoins, issuing two billion in two days. Lookonchain experts note that Tether, the issuer of the USDT stablecoin, has authorized the issuance of another billion coins on the Tron blockchain. Tether Treasury minted 1B $USDT again 22 hours ago and has minted a total of 2B $USDT in just 2 days.Will the price of $BTC rise as before?https://t.co/buOAbgA9Xc pic.twitter.com/ykHlMbD79r — Lookonchain (@lookonchain) April 4, 2024 The new release of 1 billion USDT occurred just two days after a similar release on April 2. Tether Treasury minted 1B $USDT again 2 hours ago.#TetherTreasury has minted…
The Ethereum Foundation researchers’ original goal was partly to keep the liquid-staking industry’s dominance from growing even further – by reducing the incentives for new stakers. But the proposal has led to pushback from some quarters of the community, who question whether the change is needed, or if these sorts of manual adjustments can succeed in addressing the desired changes in market demand. The discussion also has prompted some observers to wonder aloud if the Ethereum Foundation, where Vitalik Buterin works, wields too much influence over the decentralized network. Earlier this year, a pair of Ethereum Foundation (EF) researchers put…
In 2013, Billy Markus, known on the X app (formerly Twitter) as “Shibetoshi Nakamoto,” launched the original meme-inspired cryptocurrency, DOGE, in collaboration with Jackson Palmer. Both left the project soon after launch, but Markus remains watchful on both DOGE and the whole crypto space, frequently publishing sarcastic posts on X/Twitter platform. This time, he has commented on the idea of adding DOGE to the tipping option on the aforementioned social media network after hearing claims that Bitcoin and Ethereum, even though they have been added officially, are hardly ever used for tipping content creators. BTC, ETH hardly used for tipping…
1 Technical indicators such as the 20-day and 50-day EMA, MACD, and RSI are favoring a bearish outlook, suggesting the possibility of further price decrease. 2 Social metrics, including news coverage and platform followers, show a decrease, suggesting reduced popularity and market interest. VTHO price prediction exhibits a strong match between buyers and sellers on the daily chart. The price was earlier in the bull’s favor, but after mid-February, the momentum came into the seller’s hands and dropped since then, facing rejection from the trendline resistance. About VTHO Token VeThor Token along with VeChain Token, comprises the dual-token system of…
A New York jury has begun deliberations in the SEC’s civil fraud case against Terraform Labs and its co-founder Do Kwon The SEC has accused the defendants of misleading investors about the stability of its so-called “algorithmic stablecoin,” Terra USD NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payments app. The…