Recently, the value of the Pax Dollar (USDP) stablecoin deviated from its intended peg to the US dollar, leading its price to spike up to $1.29 on April 16, before eventually stabilizing at around $1. A representative from Paxos explained that this depeg was not due to any issues with their protocol, but rather resulted … Read more
Changpeng Zhao remains at the top of Forbes’ list of individuals with cryptocurrency wealth. How did he amass such great fortune? Changpeng Zhao has continued to rank among the wealthiest individuals for several years, despite facing legal challenges and incurring billions in fines in 2023. In early April, Forbes released its updated billionaire list including … Read more
The Bitcoin Halving of 2024 is eagerly anticipated by the cryptocurrency world. This event typically brings positive feelings, as it’s believed that the prices of many digital currencies will increase during the next market cycle. Even memecoins, which are less serious and often based on popular culture references, are generating interest among investors. They’re closely … Read more
Tether, known for its popular USDT stablecoin, is broadening its scope beyond digital currencies. Through innovative methods, the company plans to deliver comprehensive offerings via four new sectors: Data, Finance, Energy, and Education. Introducing the new phase of Tether: Beyond just stablecoins, we’re transforming finance as you know it with Tether Finance, providing financial power … Read more
Binance, the prominent cryptocurrency exchange, unveiled a fresh airdrop and web3 quest initiative called Megadrop. On April 18th, Megadrop was introduced as a token launch platform focusing on organizing airdrops and quests within the Web3 realm by combining the features of Binance Simple Earn and the Binance Web3 Wallet. The objective, according to Binance, is … Read more