Category: News
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Jerome Powell Confident on Economy, Sparks Optimism in the Crypto Market
Federal Reserve Chairman Jerome Powell has reassured markets of the U.S. economy’s strength, alleviating fears of a recession from asset holders like crypto. His statement has fueled optimism across financial markets, particularly within the cryptocurrency sector, which often reacts sharply to macroeconomic signals. Powell’s Statement and Its Economic Implications Speaking at a financial conference, Powell…
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Berachain Faces Backlash Over Airdrop and Tokenomics Concerns
Berachain’s much-anticipated mainnet launch and airdrop have sparked controversy, with community members accusing the project of favoring private investors. Allegations of insider trading and questionable token mechanics have added to the scrutiny. Concerns Over Token Distribution and Insider Selling Berachain introduced a “Proof of Liquidity” (PoL) model, aiming to create a novel staking mechanism. However,…
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Grayscale Files for First-Ever Cardano ETF on NYSE
Crypto investment firm Grayscale has officially filed to list a Cardano (ADA) exchange-traded fund (ETF) on the New York Stock Exchange (NYSE), marking a significant step toward bringing ADA to mainstream financial markets. Breaking New Ground with a Cardano ETF If approved, Grayscale’s Cardano ETF would be the first exchange-traded product for the Cardano blockchain,…
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Inferix Extends Testnet 1 on IoTeX Until February 17
Inferix has extended Testnet 1 on IoTeX until February 17, giving participants more time to engage with the network and earn rewards. Testnet Milestones and Growth Since its launch, Inferix Testnet 1 has recorded strong participation and increasing demand for $tIFX shared staking across its decentralized GPU network. Key statistics include: According to the team,…
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Sui Network’s Cetus Protocol Surpasses 100 Million Transactions
$CETUS | Cetus Protocol , a decentralized exchange on the Sui Network, has reached a major milestone, surpassing 100 million transactions. This achievement highlights the growing adoption of DeFi solutions and the efficiency of the Sui blockchain in handling large-scale transactions. Why This Milestone Matters With Sui’s layer-1 architecture, Cetus benefits from: ✅ Instant settlements…
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Suspicion Grows Over CAR Token Launch
The Central African Republic’s newly launched $CAR memecoin has sparked controversy, with deepfake warnings and a sudden website suspension raising doubts about its legitimacy. Government-Backed or Elaborate Hoax? On Feb. 10, the official X account of President Faustin-Archange Touadéra announced the launch of $CAR, describing it as an “experiment” to unite people and support national…
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DaBaby’s $BABY Token Crashes Minutes After Launch
DaBaby’s memecoin, $BABY, launched with massive hype, reaching $27 million in trading volume within hours. However, the momentum collapsed quickly. Within five minutes, the token’s price plunged 32.74%, leaving many investors at a loss. Early Buyers Cashed Out Before DaBaby’s Tweet Timing played a crucial role in the crash. By the time DaBaby promoted $BABY…
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CoinMarketCap Surpasses 11 Million Altcoins
February 9, 2025 – CoinMarketCap has officially listed over 11 million unique cryptocurrencies, marking a historic milestone for the digital asset industry. This explosive growth underscores the evolving landscape of blockchain technology and the increasing democratization of token creation. The Rise of Meme Coins and Solana’s Role A significant factor behind this surge is the…
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Creo Engine Wins “Best Local Project of the Year” at ICO 2025
Creo Engine secured the Best Local Project of the Year award at Indonesia Crypto Outlook (ICO) 2025, an event hosted by Tokocrypto in Jakarta. The award highlights Creo Engine’s contributions to Indonesia’s blockchain sector and its growing presence in the digital asset space. Recognition for Innovation in Blockchain The ICO 2025 event took place at…
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FTX to Begin Customer Repayments on February 18
FTX Digital Markets, the Bahamian arm of the collapsed cryptocurrency exchange, will begin repaying customers on February 18. Creditors in the “convenience class” category, those with claims under $50,000, will receive full repayment along with 9% annual interest since November 2022. FTX has transferred funds to BitGo and Kraken, the two platforms responsible for distributing…