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Polymarket Chief Marketing Officer Matthew Modabber has confirmed plans to launch a native POLY token and an accompanying airdrop as the prediction market gains growing investor interest amid a trading volume boom.Earlier this month, the company's founder, Shayne Coplan, had teased a POLY token laun…
Stablecoin issuer Paxos experienced a "technical error" that resulted in the minting of 300 trillion PayPal USD (PYUSD) stablecoin on Wednesday.The incident, which occurred at 3:12 p.m. ET, was resolved within 30 minutes, as Paxos burned the 300 trillion tokens."Paxos immediately identified the erro…
The Dogecoin price slipped roughly 4% on the day and 24% on the week, hovering near $0.20–$0.21 at press time.While the pullback cools last week’s rebound, analysts say fresh Nasdaq-listing headlines and ETF momentum could reset the narrative and revive the long-standing $1 target if key levels hold…
Hong Kong-listed China Renaissance Holdings is in talks to raise about $600 million for a publicly listed vehicle in the U.S. dedicated to accumulating BNB, with YZi Labs (formerly Binance Labs) set to participate. The two plan to commit $200 million combined, Bloomberg reported on Monday.If complet…
Uganda has launched a central bank digital currency (CBDC) pilot as part of a broader tokenization effort across the African nation, while its neighbour Kenya is on the verge of enacting a crypto regulation bill. Blockchain financial infrastructure company the Global Settlement Network (GSN) has par…
China Financial Leasing Group, a Hong Kong-listed investment firm, has announced plans to raise HK$86.7 million ($11.1 million) through a share placement to Innoval Capital, as it intends to build a cryptocurrency and artificial intelligence investment platform.In a Sunday filing with the Hong Kong …
Decentralized derivatives exchange Aster is considering whether to implement vesting schedules for its upcoming token airdrop, according to comments from its CEO during a recent livestream. On Monday, Aster CEO Leonard, who has not disclosed a last name, said the move could limit immediate sell pres…
Key takeawaysMonitor X, Reddit and Discord for early hype; use tools like LunarCrush to filter noise.Scout for IDOs and DEXs with DexScreener for volume spikes signaling listing potential.Track holder growth and buys via block explorers like Etherscan and research platforms like Arkham for onchain i…
Nasdaq’s newly proposed listing rules may give established digital asset treasury firms an edge, while raising new barriers for smaller players looking to incorporate cryptocurrencies into their balance sheets.The changes, announced Wednesday, include lifting the minimum public float to $15 million …
Canadian blockchain company SOL Strategies is set to debut on Nasdaq next week after securing approval to list its shares.In a Friday notice, SOL Strategies said it would begin listing common shares on the Nasdaq Global Select Market starting on Sept. 9 under the ticker symbol STKE. The listing will…
Stablecoin issuer Tether, the creator of USDt (USDT), has begun discussions with mining and investment groups about deploying capital across the gold supply chain, according to the Financial Times. The move would further diversify Tether's portfolio risk.According to the report, Tether has been expl…
Key takeaways:Ether’s bull flag confirmation on the daily chart targets 34% gains to $6,100.The percent of ETH supply held on exchanges has dropped to 12% for the first time since 2016.Depleting ETH supply on exchanges points to a “supply squeeze” and long-term accumulation.Ether price registered a…