News from The Block
What is your interest today?
Kraken-incubated Ethereum Layer 2 plans to launch and airdrop new INK token, foundation says
The introduction of a new Ethereum Layer 2 solution accompanied by a limited distribution of up to one billion INK tokens, excluding governance rights, could impact token valuation...
Read Full Article →Plasma doubles its deposit cap, clarifies it is eyeing $50M public sale at $500M FDV
By increasing its deposit limit, Plasma aims to raise substantial capital through a token offering, allowing stablecoin holders to gain access to XPL and potentially benefit from f...
Read Full Article →Justin Sun-connected BiT Global drops wBTC-related legal spat with Coinbase
The resolution of the legal conflict between BiT Global and Coinbase may influence the market dynamics and investor confidence surrounding wrapped Bitcoin tokens and related financ...
Read Full Article →DeSci health startup CUDIS to launch native token on Solana
The introduction of CUDIS's native token on Solana aims to enhance user engagement by enabling participation in governance processes and providing opportunities to earn rewards wit...
Read Full Article →WalletConnect token expands to Solana with 5 million WCT set for airdrop
The distribution of 5 million tokens to active Solana users through various partners aims to enhance user engagement and potentially increase the token's market presence within the...
Read Full Article →Hardware manufacturer Ledger releases Solana-branded non-custodial wallet
Ledger's new Solana-themed non-custodial wallet integrates a unique Soulbound token that, while non-transferable, has potential to generate rewards, potentially impacting user enga...
Read Full Article →Solana-backed OnRe taps Ethena for first ONe token and pool, targets $750 billion reinsurance market
OnRe utilizes Ethena to create its initial token and pool on Solana, aiming to access and capitalize on opportunities within the expansive global reinsurance sector valued in the h...
Read Full Article →Binance Wallet sees $5 billion in daily swaps volume, leapfrogging rivals on early token access and...
Binance Wallet's daily swaps reaching $5 billion highlight its growing influence in the cryptocurrency market, driven by unique token offerings and incentives that attract a substa...
Read Full Article →Standard Chartered says BNB price could hit $2,775 by 2028 — a gain of over 360%
Standard Chartered’s analysis suggests that Binance’s BNB token may experience substantial growth in value by 2028, indicating a notable increase in investment returns over the com...
Read Full Article →The Funding: Why Bittensor (TAO) is drawing in crypto investors
Bittensor's recent token appreciation has attracted increased investment interest, highlighting its growing importance within the cryptocurrency market and signaling potential shif...
Read Full Article →Movement Labs suspends co-founder Rushi Manche following market-making scandal
Movement Labs has temporarily suspended co-founder Rushi Manche in response to allegations of token dumping by a market maker, leading to Coinbase's decision to halt trading of the...
Read Full Article →Sky community mulls final proposal to replace MKR with SKY as sole governance token, enabling stakin...
A proposed upgrade in the Sky ecosystem seeks to transition from MKR to SKY as the exclusive governance token, introducing staking opportunities and rewards in USDS.
Read Full Article →Eric Trump: Crypto is going to leave big banks with regret and ‘in the dust’
During a discussion at Token2049 in Dubai, Eric Trump expressed the view that cryptocurrencies could significantly challenge traditional banking institutions, potentially leading t...
Read Full Article →