Recent research reveals that the size of airdrops has a surprisingly limited impact on token price performance. Despite the common belief that larger token distributions lead to significant price movements, findings from multiple studies suggest otherwise. Airdrop Size Less Impactful on Price Action Airdrops, a method of distributing newly minted tokens to selected wallets, have […]
British artist Damien Hirst faces allegations of backdating thousands of paintings in his NFT art project, ‘The Currency’. A recent investigation suggests that at least 1,000 of the 10,000 dot paintings were produced years later than the claimed date of 2016. Launched in 2021, ‘The Currency’ featured 10,000 dot paintings where buyers had to choose […]
Alchemy Pay, a Singapore-based payment gateway connecting crypto with traditional fiat currencies, has announced a partnership with Metis, an Ethereum Layer 2 Rollup platform. The collaboration aims to provide seamless fiat-crypto on and off-ramp support for developers within the Metis ecosystem. TLDR Alchemy Pay partners with Metis to provide fiat-crypto on and off-ramp support Metis […]
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dYdX Chain Introduces Android Beta In an effort to democratize access to financial opportunities, dYdX Chain has launched its Android Beta version. This progression, which comes eight months after the dYdX Chain went live, is geared towards making trading more accessible, easier, and faster for a wider audience. Since its […]
The following is a guest post from Venket Naga, CEO at Serenity Shield. Would you give a stranger the keys to your house, permitting them to do whatever they wanted with the goods inside?If you did, and that stranger went and crafted some fake replicas of your personalized jewelry to sell at auction, lent some […]
The newly approved spot Ethereum exchange-traded funds (ETFs) could trigger a supply crunch for the second-largest cryptocurrency by market cap. Ethereum’s supply on centralized exchanges has hit an eight-year low, with only 12.78 million ETH available. This amount constitutes roughly 11% of the total supply. Ethereum Demand Shock Expected Analysts have noted that investors are […]
Renowned football star Cristiano Ronaldo recently announced the release his fourth collection on Binance’s NFT Marketplace on May 29 at 08:00 UTC, featuring digital art and memorabilia celebrating Ronaldo’s career highlights, including iconic goals and significant moments. The NFTs will be available exclusively on the Binance NFT Marketplace with fixed pricing across most of the […]
Kabosu, the Shiba Inu who became a global internet sensation as the face of the “Doge” meme, passed away on May 24 at the age of 18, her owner, Japanese kindergarten teacher Atsuko Sato, confirmed on Instagram. The beloved dog, known for her iconic expression and the humorous captions that accompanied her photos, captured the […]
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