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Binance Frees 18 Million ETH Staked: Cash In Your BETH Now
Thursday, April 13, 2023 - 2:27pm | 340Binance announced on Thursday that starting April 19, 8 UTC, users who staked Ethereum (CRYPTO: ETH) through the platform can redeem coins with their BETH holdings at a 1:1 ratio. The announcement followed Ethereum's implementation of the eagerly awaited Shapella hard fork, also known as...
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Rumors Of MetaMask AirDrop Spread Like Wildfire: Scam Leads To Jump In Transactions
Wednesday, March 29, 2023 - 3:54pm | 349MetaMask, a popular Web3 wallet provider, has issued a warning to its users about rumors circulating on social media regarding an imminent AirDrop. Reports of the AirDrop have been circulating on Twitter, with some users falling for the scam. What Happened: Cryptocurrency influencers have...
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Say Goodbye To High Fees And Slow Transactions With ARB Token's Decentralized Power
Thursday, March 16, 2023 - 2:37pm | 406The Arbitrum Foundation, which is the major player in Ethereum's (CRYPTO: ETH) Layer 2 scaling landscape, announced the launch of a new token called ARB (CRYPTO: ARB). This token will be distributed to community members via an airdrop on March 23, marking the official transition of...
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CNHC Stablecoin Raises $10M, Plans To Expand Adoption In Asia Pacific Region
Wednesday, March 15, 2023 - 12:46pm | 362CNHC Group, the creator of the CNHC stablecoin that is linked 1:1 to the offshore Chinese yuan, has successfully raised $10 million in a Series A+ equity funding round. Leading the investment was KuCoin Ventures, a cryptocurrency investment firm, alongside Circle Ventures and IDG Capital. According...
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DeFi To Dominate Crypto Market In 2023: Pantera Capital Predicts A Decentralized Financial Future
Tuesday, January 24, 2023 - 6:33pm | 335Venture capital firm Pantera Capital, which manages around $3.8 billion in assets, predicted decentralized finance (DeFi) would be the future of the crypto market. In a letter to investors titled "The Year Ahead," the company's CEO and co-CIO Dan Morehead said, "...
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Inflows Into Mixing Service Tornado Cash Fell 68% Following US Sanctions: Report
Tuesday, January 10, 2023 - 11:55am | 630Sanctions on Tornado Cash, a decentralized mixing service on the Ethereum (CRYPTO: ETH) blockchain, by the United States Office of Foreign Assets Control (OFAC) had a significant impact on the platform, with inflows to the service falling by 68% in the 30 days following its...
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Why Paxful Is Removing Ethereum From Its Platform: 'Integrity Over Revenue'
Wednesday, December 21, 2022 - 1:35pm | 548Global peer-to-peer trading platform Paxful has banned trading in Ethereum (CRYPTO: ETH) from its market. “We finally kicked Ethereum off our marketplace. 11.6m humans safer. Integrity over revenue. Who is next?” Ray Youssef, CEO of Paxful, tweeted on Wednesday. A snapshot of the...
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Coinbase Now Has A Recovery Tool For Lost Uniswap, Aave, 0x And Chainlink Tokens
Thursday, December 15, 2022 - 3:26pm | 588Cryptocurrency exchange Coinbase (NASDAQ: COIN) has come up with a tool that will enable users to recover more than 4,000 unsupported ERC-20 tokens that have been sent to its ledger. Any cryptocurrency built on the Ethereum (CRYPTO: ETH) blockchain is referred to as an ERC-20 token. Will Robinson,...