Binance CEO responds to launchpool accusations, discusses crypto scams

binance-ceo-responds-to-launchpool-accusations-discusses-crypto-scams

In a recent AMA, Binance CEO Richard Teng responded to accusations regarding the misuse of Launchpool funds, discussed the HBO documentary on Bitcoin’s creator, and highlighted the company’s initiatives to combat crypto scams. Addressing the allegations of using company capital to farm Launchpool, Teng firmly denied any wrongdoing. He stressed that Binance prioritizes user protection […]

Shiba Inu price stuck in a range as Shibarium activity dries

shiba-inu-price-stuck-in-a-range-as-shibarium-activity-dries

Shiba Inu’s price has been consolidating at $0.00001718 as of October 9, marking a 21% decline from its peak earlier this month. This downturn has pushed the second-largest meme coin into what appears to be a local bear market, especially as it struggles to compete with newer meme coins like Popcat, Neiro, and SPX6900. The […]

Paxos expands yield-bearing stablecoin USDL to Arbitrum

paxos-expands-yield-bearing-stablecoin-usdl-to-arbitrum

Paxos International has introduced its yield-bearing stablecoin, Lift Dollar (USDL), on the Ethereum layer-2 network Arbitrum. The launch was announced on October 9, and comes from Paxos’ UAE-based subsidiary, which is regulated by Abu Dhabi’s Financial Services Regulatory Authority. What is Lift Dollar? Lift Dollar is a stablecoin pegged 1:1 to the U.S. dollar, designed […]

Here’s why the Baby Doge Coin pumped to March highs

heres-why-the-baby-doge-coin-pumped-to-march-highs

Baby Doge Coin rose for four consecutive days, reaching a high of $0.0000000028, its highest level since March. Puppy.fun airdrop ahead Baby Doge Coin (BABYDOGE) has experienced a significant surge, rising 37% over the past week and 250% from its lowest point this year. Its market capitalization has increased from $180 million in January to […]

Peter Todd-inspired meme coin YOURMOM skyrockets over 4000% in live trading

peter-todd-inspired-meme-coin-yourmom-skyrockets-over-4000-in-live-trading

Bitcoin developer Peter Todd’s playful response to a user’s inquiry about his pets has sparked the creation of a viral meme coin, $YOURMOM, which has skyrocketed over 130% in just 24 hours. This surge comes on the heels of HBO’s documentary that controversially claimed Todd as Satoshi Nakamoto, the enigmatic creator of Bitcoin. While Todd […]

Spot Bitcoin and Ethereum ETFs experience joint outflow day

spot-bitcoin-and-ethereum-etfs-experience-joint-outflow-day

On October 8, spot Bitcoin ETFs in the U.S. broke their two-day inflow streak, experiencing net outflows totaling $18.66 million. This shift in investor sentiment comes amid a broader market slowdown, following a strong inflow of $260.78 million over the previous two days. Fidelity’s Bitcoin ETF (FBTC) was particularly impacted, with $48.82 million exiting the […]

HBO points to Peter Todd as Satoshi, but the crypto community is skeptical

hbo-points-to-peter-todd-as-satoshi-but-the-crypto-community-is-skeptical

HBO’s documentary Money Electric: The Bitcoin Mystery claims that Canadian Bitcoin developer Peter Todd is Satoshi Nakamoto, but the crypto community remains skeptical. Cullen Hobak, the producer of the documentary, presents various pieces of purported evidence over its 100-minute runtime to support the assertion that Todd, a prominent figure in the cryptocurrency world, is the […]

Pi Network Introduces Testnet 2, Prepares for Mainnet

pi-network-introduces-testnet-2-prepares-for-mainnet

The Pi Network has launched a significant update with the introduction of Testnet 2, which began block creation today at 12:05 AM. This new layer is designed to facilitate the transition to the highly anticipated Open Network, enhancing testing capabilities and preparing node operators for the shift to Mainnet. Testnet 2 enables nodes to switch […]

SUI price set for new ATH amid native USDC launch

sui-price-set-for-new-ath-amid-native-usdc-launch

Sui has received a significant boost following Circle’s announcement that native USDC is now live on the layer-1 blockchain platform’s mainnet. This news, announced on October 8, highlights Sui’s growing ecosystem and its integration with established stablecoin infrastructure. Additionally, Coinbase, a leading U.S.-based crypto exchange, has included USDC on its listing roadmap for Sui, further […]

Truflation launches AI index to track generative AI performance

truflation-launches-ai-index-to-track-generative-ai-performance

Truflation, a financial data provider, has introduced its AI Index, aimed at tracking the performance of companies in the generative AI sector and the underlying real-world assets. This launch aligns with the rapid growth of the global generative AI market, currently valued at approximately $44.89 billion and projected to reach $1.3 trillion by 2032. The […]