ZKasino, a blockchain gaming platform, has faced criticism on social media X for transferring approximately $33 million in investor and user funds to staking protocol Lido. This shift in strategy marks a departure from their initial commitment to returning the funds. In a blog post dated April 20th, ZKasino revealed that its network had become … Read more
Approximately $60 million in Tether (USDT) has been generated on The Open Network (TON) since its integration with the platform began on April 19, ranking it as the 11th most utilized blockchain for Tether among the current 16 options. At the Token2049 crypto conference in Dubai on April 19, Tether’s stablecoin issuer revealed a partnership … Read more
An increase in exchange withdrawal and a negative MVRV ratio suggested a potential UNI rally. The project’s TVL increased, indicating that traders had recovered from the earlier FUD. Based on a recent move made by a whale, it’s possible that Uniswap (UNI) may experience significant growth in the upcoming weeks. As reported by Spot On … Read more
Over a dozen Solana presale memcoins, which raised approximately $26.7 million from investors within the past month, have been completely deserted as per data from blockchain investigator ZachXBT. On his X blog on April 21st, ZachXBT called attention to a dozen Solana memcoin initiatives that held contentious presales and went on to experience substantial declines … Read more
On April 21, the daily average Bitcoin transaction fees saw a significant drop following their peak of $128 the previous day during the fourth Bitcoin halving event. According to mempool.space, the average fee for sending medium-priority Bitcoin (BTC) transactions was around $8 to $10 as of April 21st. The day prior, Bitcoin processed a total … Read more
The altcoin market was performing well in the past five months, but the halving fears stalled it. The next such run could take a while to materialize, but will leave telltale signs. In the past month, the value of many alternative cryptocurrencies (altcoins) decreased significantly due to anxiety surrounding Bitcoin‘s (BTC) upcoming halving event. Crypto … Read more