Blast token rallies 40% after $2B airdrop debut
The native token of the Ethereum layer-2 Blast has rallied following an airdrop in which 17% of the supply was sent to eligible users.
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After Microstrategy downgrade, analysts recommend smallcap crypto-centric bank
Motley Fool analysts think this smallcap bank stock might be the next to benefit from Bitcoin's surge 1347 Total views 11 Total shares Following a Citi report downgrading business intelligence firm Microstrategy’s stock to a “sell” rating, analysts for popular trading website the Motley Fool have recommended a lesser-known bank stock that also has an…

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

South Korean Exchange Upbit Ends Orderbook Partnership With Bittrex
South Korean cryptocurrency exchange Upbit has broken its partnership with Bittrex in a reorganization of its Bitcoin (BTC), Ether (ETH) and Tether (USDT) markets, local South Korean news outlet Decenter reported on Sept. 25. Previously it had a shared order book arrangement, with Bittrex orders being visible in the Upbit bid windows.Upcoming reorganization of marketsIn a…

NFT avatar startup Genies valued at $1B following Series C funding round
Nonfungible token platforms incorporating Web3 and the metaverse continue to attract sizable investments from venture capital firms. 502 Total views 7 Total shares Nonfungible token (NFT) startup Genies has secured $150 million in Series C funding at a valuation of $1 billion, making it the latest crypto-focused platform to attain “unicorn” status. The funding round was…

Reputation DAO: Would you give up privacy for unsecured loans in DeFi?
The platform intends on leveraging users’ personal financial information such as credit score and AML/KYC to help reduce the collateral needed to take out a DeFi loan. 410 Total views 16 Total shares An ambitious new decentralized autonomous organization (DAO) has built a data service for lending platforms that records a user’s financial reputation to…

Tokyo District Court Extends Mt. Gox Rehabilitation Plan Deadline
The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of rehabilitation plans. According to an official announcement published on the company’s website on March 30, Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi filed a motion with the Tokyo District Court to extend the submission deadline of a rehabilitation plan. On…

‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds
Binance.US has asked the court to deny the securities regulator’s proposed temporary restraining order against its assets ahead of a June 13 hearing, claiming that the move would “effectively end” its business.In a June 12 filing, Binance.US slammed the SEC’s emergency motion for a temporary restraining order on its business, calling it “draconian and unduly…

Bitcoin ‘ready’ for $32.8K after consolidation as BTC price gains 6.3%
Bitcoin (BTC) stayed higher on May 30 as early week gains saw BTC/USD retain $30,500.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView$32,000, $35,000 flagged as lines in the sandData from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency consolidating near $30,600 at the time of writing after hitting highs of $30,900 on Bistamp.Its best performance since…