Binance Coin (BNB) has surpassed athletic giant Nike’s market capitalization after reaching a new all-time high of $861.2 per token. Based on Companies Market Cap data, Nike maintains a $112 billion valuation, while BNB has achieved a valuation of $119 billion in the early morning hours of July 28. BREAKING : BNB overtakes Nike in…
Major corporate holders are building treasuries out of new altcoins, with a $450 million SUI investment and $500 million in Solana. HBAR also gained a new institutional investor, but with an undisclosed commitment size. For SUI and HBAR especially, these corporate holders are prioritizing blockchain technical performance over asset valuation. This might be a helpful…
Consensys, the Ethereum-focused software firm, has partnered with Aave to integrate a new feature into MetaMask wallets, allowing users to earn yield on stablecoins like USDC, USDT, and DAI. In a press release shared with CryptoNews, the firm said the new feature called “Stablecoin Earn” will be powered by Aave’s lending protocol and will give…
UK-based digital banking giant Revolut has resumed limited cryptocurrency operations in Hungary, following a regulatory shutdown earlier this summer. Key Takeaways: Revolut has partially resumed crypto services in Hungary, restoring staking and token releases. Hungary’s new law imposes up to eight years in prison for unlicensed crypto activity. Core features like buying and selling remain…
TRON has taken the lead as the dominant network for USDT, overtaking Ethereum in both stablecoin liquidity and user transactions, according to a new report from CryptoQuant. Ethereum lost the stablecoin crown. TRON now leads in USDT supply, fees and daily transfers. Join our Space with @trondao on July 30, 10 AM PT to unpack…
Changpeng Zhao’s (CZ) net worth has surged to an estimated $75 billion following BNB’s breakthrough to a new all-time high of $857.18, positioning the Binance founder among the world’s wealthiest individuals. The cryptocurrency mogul owns approximately 64% of BNB’s circulating supply, equivalent to roughly 98 million tokens worth $83 billion at current prices. Combined with…
In the final week of July, the total open interest in the crypto derivatives market remains historically high, exceeding $200 billion. Any significant price movement now could trigger massive losses for both long and short positions. However, a few altcoins are showing signs of potential large-scale liquidations this week. Let’s take a closer look at…
A group of Senate Democrats is demanding answers from the head of the Federal Housing Finance Agency (FHFA) over a controversial move to consider crypto assets in mortgage assessments. Key Takeaways: Senate Democrats are pressing FHFA for clarity on plans to include crypto in mortgage assessments. Lawmakers warn the move could pose financial risks due…
US-based crypto exchange Coinbase has filed a lawsuit against a German individual, accusing him of cybersquatting on the domain coinbase.de and attempting to profit from the platform’s well-established brand. Key Takeaways: Coinbase is suing a German national for allegedly cybersquatting on the domain coinbase.de. The company claims the domain was misused for affiliate profits and…
Optimism (OP), the native token of the Optimism network, a Layer-2 scaling solution built atop Ethereum (ETH), surged to a two-month high during Asian trading hours today. This uptick was triggered by Upbit, South Korea’s largest cryptocurrency exchange, announcing the altcoin’s listing on its spot trading platform. Upbit Announces Optimism (OP) Listing In its latest…