Day: June 27, 2024

Binance Revises Fee Structure, Shifting Broker Dynamics

In a strategic move to reshape its fee policies, Binance, the world’s largest cryptocurrency exchange, will implement a new fee structure starting July 1. This adjustment primarily affects users who trade through prime brokers, marking a significant shift from the previous setup. Under the former system, brokers associated with Binance’s Link Plus program could leverage […]

Solana’s Surge: Blinks Ignite Record Transaction Highs

In a remarkable resurgence, Solana has hit an almost two-year peak in daily transactions following the rollout of a new feature known as Blinks. Blockchain analytics firm Artemis reports that Solana processed nearly 42 million transactions on Wednesday, marking an 81% increase since the beginning of the year. This surge represents the highest transaction volume […]

MegaLab’s $20M Seed Round: A Leap Towards Real-Time Blockchain

MegaLabs, the pioneering developer firm behind the groundbreaking Ethereum scaling protocol known as MegaETH, has secured a substantial $20 million in its seed funding round. This investment round was spearheaded by Dragonfly Capital and saw contributions from a cohort of notable firms including Figment Capital, Folius Ventures, Robot Ventures, Big Brain Holding, Tangent, and Credibly […]

Solana’s Price Surge: ETF Buzz Fuels Market Optimism

Solana (SOL), currently ranked as the world’s fifth-largest cryptocurrency by market capitalization, has witnessed an impressive price surge over the last 24 hours. The cryptocurrency experienced a notable 6.6% spike within just an hour and has climbed by nearly 9% in the last day, positioning it as the fifth-best performer among the top 100 cryptocurrencies […]

Zeta’s Airdrop Success: A New Era in Solana’s DeFi Landscape

Zeta Markets, a Solana-based decentralized exchange (DEX), has made a significant impact with its latest airdrop event, exceeding all prior expectations. On Thursday, Zeta launched an airdrop consisting of 100 million ZEX tokens, representing 10% of the token’s total supply. This strategic distribution was aimed at rewarding the long-term users of the platform, particularly those […]

CleanSpark’s Bold $155M Gamble on Griid Amid Bitcoin Shake-Up

In a notable development in the cryptocurrency mining industry, CleanSpark, a sustainability-focused Bitcoin miner, announced its ambitious plan to acquire Griid Infrastructure. The deal, valued at $155 million, involves CleanSpark purchasing all common shares of Griid, which sent shockwaves through the market, resulting in a sharp 49% drop in Griid’s share price to $1.20. Despite […]

Blast’s Airdrop Drama: Scams, Surges, and Disappointments

The much-anticipated airdrop of Blast’s Ethereum token unfolded this Wednesday, weaving a dramatic tale of price volatility, disappointment, and scam attempts. Initially, the token launched at a modest $0.025, only to experience a slight dip to $0.020, before recovering to an optimistic peak of $0.029. This fluctuation captured the crypto community’s attention, offering a brief […]