LayerZero cross-chain interoperability protocol completes first airdrop snapshot

Tether has issued a response to a recently surfaced paper that alleges that a single whale manipulated the market to cause 2017’s bull run in Bitcoin (BTC) price.The responseTether, which is behind the dollar-backed stablecoin USDT, published the response on the company’s website on Nov. 7, an announcement that crypto exchange and sister company Bitfinex…

Bitcoin (BTC) is at its most overbought level since its record highs in December 2017, Bloomberg Intelligence analyst Mike McGlone claimed in an article published on April 5.Per the report, Bitcoin’s GTI Global Strength Indicator shows that the coin has not been this overbought since its price neared its record peak of $20,000. Bloomberg also…

BoE deputy governor Jon Cunliffe compared a potential digital pound with iPhone’s Apple Store as it could “open a new frontier for people to improve payments.” 95 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe United Kingdom is not ready to issue a central bank digital currency…

Major Hong Kong-based cryptocurrency exchange OKEx announced it was delisting a second swathe of trading pairs due to “weak liquidity” in a blog post Nov. 27.OKEx, which announced its intention to begin delisting certain pairs and tokens in October and removed the first batch Oct. 31, will now remove a further 49 trading pairs from…

Prime Trust payment subsidiary Banq files for bankruptcy, citing “unauthorized’ asset transfers to Fortress NFT Group. 405 Total views 2 Total shares The payments subsidiary of crypto custodian Prime Trust, Banq, filed for bankruptcy protection in the United States on June 13, court documents show.The move comes just days after wallet infrastructure provider and digital…

May was a testing time for cryptocurrencies like Bitcoin (BTC). The flagship digital asset was already wobbling after rallying to nearly $65,000 in mid April, owing to profit-taking sentiment among traders. Elon Musk accelerated the sell-off by reversing his company's plans to accept Bitcoin as payment for Tesla's electric cars.Later in the month, the People's…

Michael Lewis painted an overwhelmingly positive picture of former FTX CEO Sam Bankman-Fried in his new book, "Going Infinite: The Rise and Fall of a New Tycoon." 132 Total views 8 Total shares I haven’t read Michael Lewis’ The Big Short: Inside the Doomsday Machine, but I find it difficult to believe that the author

Volatility and funding rates surge, but large BTC holders continue to accumulate. 4199 Total views 15 Total shares As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the previous 30 days alone. This was slightly…

The on-chain activity for stablecoins has increased 800% in the last 12 months. 1412 Total views 38 Total shares The on-chain activity for stablecoins has increased 800% in the last 12 months according to market intelligence firm TokenAnalyst.This growth is not surprising considering the overall growth of the stablecoin niche. The combined market cap for…