Day: November 28, 2024

Former Binance Exec Sues Over Bribery

Binance’s United Kingdom arm is under scrutiny after a former senior employee, Amrita Srivastava, filed a lawsuit alleging bribery and unfair dismissal. According to a Bloomberg report on Nov. 28, Srivastava accused another Binance employee of soliciting bribes from a customer. Her claims suggest the bribe was disguised as “consultative services.” Srivastava reported the matter […]

Uniswap Hits $38B Layer-2 Trading Record

In November, decentralized exchange Uniswap shattered records with a staggering $38 billion in trading volume across major Ethereum layer-2 scaling solutions. This marked a $4 billion increase from its previous peak in March, according to Dune Analytics. The achievement signals a revival in decentralized finance (DeFi) activity as the platform strengthens its position in the […]

W-Coin’s Strict Inactivity Rule Sparks Debate

The Telegram-based tap-to-earn game W-Coin has unveiled a strict inactivity rule as it gears up for its token launch and airdrop on The Open Network (TON). Players who remain offline for more than three days will see 5% of their token supply burned daily until they log back in. While inactivity rules aren’t new in […]

Ethereum Co-Founder’s $72M Transfer

On November 28, Jeffrey Wilcke, a former co-founder of Ethereum, transferred 20,000 ETH—worth approximately $72.5 million—to the Kraken cryptocurrency exchange. The transaction, executed at 19:59 UTC+8, has caught the crypto community’s attention. Despite this large transfer, Wilcke retains a significant Ethereum balance, holding 106,000 ETH valued at $384 million. Such movements often raise eyebrows, potentially […]

Titans Invade The Sandbox Metaverse

The immersive gameplay challenges players to step into the boots of the series’ Survey Corps. Each mission requires not only combat skills but also strategic decision-making to fend off waves of towering Titans. This experience captures the essence of the original series—an intense battle for survival. While the game’s NFT avatars—priced at 120 SAND tokens […]

Bitwise’s $1.4B Crypto Fund Eyes NYSE Arca

Bitwise Asset Management is taking its $1.4 billion crypto index fund to the big leagues, filing with the SEC for listing on NYSE Arca. The move aims to give everyday investors easy access to a curated slice of the crypto market. Fund Composition: A Strategic Crypto Portfolio The proposed ETF reflects a carefully weighted portfolio: […]