Solana-based decentralized exchange Meteora is now the focus of a class-action lawsuit filed in the U.S. District Court for the Southern District of New York, as investors accuse the platform’s leadership and partners of engineering a deceptive launch of...
In a bold move to restore investor trust and stabilize the value of Mantra’s native token, OM, the platform’s founder and CEO, John Patrick Mullin, has begun the process of unstaking 150 million tokens for permanent removal from circulation....
A massive unstaking event has rocked Babylon, a prominent Bitcoin staking protocol, leading to a staggering $1.26 billion worth of BTC being withdrawn and slashing its total value locked (TVL) by 32%. On April 17, blockchain analytics firm Lookonchain...
The cryptocurrency market is still clinging to familiar themes, with few new narratives emerging to challenge the dominance of memecoins and artificial intelligence tokens seen in the first quarter of 2025. According to CoinGecko’s Q1 2025 report, AI tokens...
In response to recent sanctions and wallet freezes linked to the crypto exchange Garantex, Russian finance officials are considering the development of a national stablecoin to safeguard the country’s financial infrastructure from foreign interference. According to reports on by...
A new phishing campaign is alarming cybersecurity experts because it exploits Google’s trusted infrastructure. Nick Johnson, founder of Ethereum Name Service (ENS), alerted users on X about the scam, which successfully bypasses standard email security measures. The attackers have...
Coinbase faced backlash after its blockchain network, Base, promoted a memecoin on social media, leading to a significant drop in value. On April 16, Base shared a post on X featuring the slogan “Base is for everyone” and linked...
Ethereum users are now enjoying the lowest transaction fees seen on the network in five years as on-chain activity slows significantly ahead of the anticipated Pectra upgrade. Brian Quinlivan, the firm's marketing director, noted in a blog post that...
Bitget has executed a substantial token burn, permanently removing 130 million Bitget Tokens (BGB) from circulation. The burn, equivalent to 2.5% of the total BGB supply, aims to enhance the token's scarcity and long-term value for holders. The event...
Bitwise Asset Management has expanded its reach into the European market by launching four new cryptocurrency Exchange Traded Funds (ETFs) on the London Stock Exchange (LSE). This move provides increased accessibility for European investors seeking exposure to the digital...
