XRP Surges to Third in Market Cap
XRP, the native token of Ripple’s payment ecosystem, has surged to the third position in market capitalization, surpassing Tether’s stablecoin. The token has experienced an impressive 71% weekly gain, reaching $2.47, with a staggering 367% increase over the past 30 days, according to CoinGecko data. Late Sunday, XRP flipped Solana for the fourth spot before […]
Jupiter Revisits $1.6B Airdrop Plan
Solana-based decentralized exchange Jupiter is reworking its ambitious airdrop plan after a governance proposal failed to secure the required 70% supermajority. The proposal, which would have distributed $1.6 billion in JUP tokens across two airdrops, garnered 58% of votes in favor, falling short of the threshold. The airdrops were intended to take place over two […]
Coinbase Ends USDC Rewards in Europe
Crypto exchange Coinbase has announced it will discontinue its USDC Rewards program for customers in the European Economic Area (EEA) starting December 1, 2024. The move comes as part of the exchange’s efforts to comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations. In an email sent to users on Thursday, Coinbase confirmed the […]
Bitcoin in UK Pensions: Risk or Revolution?
A UK defined-benefit pension scheme has made headlines as the first to allocate part of its assets—3%—to Bitcoin. The decision, branded “deeply irresponsible” by critics, has sparked a heated debate about the role of cryptocurrency in long-term financial planning. Cartwright, the pension specialist advising the scheme, described the move as a “strategic” diversification aimed at […]
Hyperliquid’s $1B DeFi Airdrop
Hyperliquid, a decentralized perpetuals exchange, is reshaping the DeFi landscape by rejecting traditional venture capital-backed strategies. Instead, the platform is banking on its technology and community-driven ethos to carve its path. On Thursday, the Hyper Foundation announced its HYPE token generation event, set for early Friday at 2:30 AM ET, alongside a significant community airdrop. […]
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 […]
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 $384 million. Such movements often raise eyebrows, potentially […]
Chill Guy Leads Memecoin Surge
Just a Chill Guy ($CHILLGUY) is proving to be anything but chill as it outpaces the competition with a meteoric rise in the meme coin market. Over the past week, the Solana-based meme coin has surged more than 135%, including an impressive 37% jump in the last 24 hours alone. Now trading at over $0.62, […]
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