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Binance launches Greenfield Whitepaper, more utility for BNB: Details inside
Binance released a whitepaper for its Web3 blockchain project. Binance Coin (BNB) will be used as gas and payment on the new network. Accord...

TRON lauds crypto taxation in China – is an expansion underway
TRON confirmed that it sided with the idea of taxing cryptos if it supported healthy growth. The latest FOMC meeting could result in TRX&#82...

Ethereum Shanghai hardfork: New testnet launches on network as these metrics soa...
Testnet dubbed Zhejiang will launch on February 1 to test staking withdrawal. Validators and ETH staking continue to increase as Shanghai ha...

Polygon’s continual disruption could influence MATIC’s Q1: Here’s how
Polygon collaborated with a finance giant in tokenizing assets. While NFT interest surged, MATIC could also remain bullish in Q1. As part of...

Bitcoin: Will institutional interest be BTC’s savior?
CME Open Interest in Bitcoin grew, implying a decline in volatility. Miner revenue fell while selling pressure increased. According to a 31...

Ethereum: Deflationary? Yes, but there is more than meets the eye
In January, ETH’s supply decreased by 10,145.72 units. February might be marked by a price decline. According to data from Ultrasound...

ETH and SOL NFTs in trouble after market shutdown? Analyzing…
Both NFTZ and the Rally sidechain announced plans to close the projects. Ethereum and Solana NFTs increased sales in the last 30 days. Despi...

Will Polkadot’s [DOT] new parachain fix the blockchain?
AlephZero was added to Polkadot as the 38th parachain. Despite declining activity, staker interest and development activity increased. Aleph...

Assessing if Bitcoin [BTC] traders will change their tune after FOMC
Bitcoin traders’ decision to open short or long positions could depend on the FOMC outcome. Whales have been taking profits since 17 J...

Avalanche boosts growth prospects: Will it influence AVAX’s price action
Avalanche ushers in its first institutional subnet, potentially paving the way for more liquidity. AVAX shows signs of weakness as the marke...

Dogecoin [DOGE] to rise beyond 40%? Whale activity may spur rally
Dogecoin recently saw an increase in whale transactions. The dog-themed token has also recently seen a spike in its daily active addresses....

Apecoin [APE] staking might have been its undoing in Q4 2022, new report shows
APE suffered a drop in new holders after the launch of APE staking in Q4 2022. Krill accounts held 70.5% of APE’s total supply by the...

Silvergate faces renewed calls for clarity over dealings with FTX and Alameda
U.S. lawmakers are seeking details from Silvergate Bank regarding its ties to FTX and Alameda. Silvergate received a similar letter last yea...

Lido’s Aave success in jeopardy: What challenges lie ahead?
Lido ranking on top in Aave, but challenges lie ahead. Declining APR, user base, whale interest, and network growth raised concerns for Lido...

Cardano [ADA] impacted in this manner following DJED’s launch
Cardano’s overcollateralized stablecoin DJED launched on the mainnet on 31 January. Increased DJED minting led to a jump in on-chain...

Crypto-friendly bank ends loans backed by mining rigs: Details inside
BankProv will no longer provide loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans. Mining rigs that secur...

Core Scientific to borrow millions from investment bank after court approval
Core Scientific has received permission from the bankruptcy court to borrow up to $70 million from B. Riley. The new credit facility will re...

My Big Coin founder sentenced to 8 years for defrauding investors
U.S. District Court Judge Denise Casper sentenced the founder of a multi-million fraudulent crypto scheme to eight years. The team amassed $...

Breaking down stats as crypto witnesses 93% YoY decline on exploits
According to research, cryptocurrency hacks caused $8.8 million in damages in January. When compared to the $121.4 million in exploitable lo...

Arbitrum DeFi protocol shows promise, but is it bankable in the long run
MUX protocol saw promising growth in trading volume and fees. The protocol’s native token MCB shot up by 6% at press time. MUX Protocol, a d...

No mention of crypto in India’s budget: Investors left hanging
On the 1 February, Nirmala Sitharaman, the Finance Minister of India, gave the Modi government’s last budget before the Lok Sabha elec...

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