Key Takeaways: Backpack has opened the fund claim process for former FTX EU customers following its acquisition of the entity. This process involves two key steps: first, KYC verification to confirm identity, and second, the fund withdrawal phase, with specific details to be announced soon. This fund recovery plan is separate from the global FTX [&
Unlock the Potential: Discover Grayscale S-3 Files for Digital Large Cap ETF
Grayscale, a prominent cryptocurrency asset manager, has recently submitted a proposal to launch a Digital Large Cap ETF focused on cryptocurrencies to the United States Securities and Exchange Commission (SEC). This move comes as the company continues to expand its offerings in the digital asset space. The Digital Large Cap ETF would consist of a
Binance Unveils KernelDAO (KERNEL) as Fourth Megadrop Project
Key Takeaways: Binance launches its fourth Megadrop featuring KernelDAO (KERNEL), providing early access to tokens. Users can earn KERNEL rewards by locking BNB in Simple Earn and taking on designated Web3 Quests on Binance Wallet. The airdrop mechanism features a unique point-scoring system based on locked BNB contributions and the completion of W
Ethereum-Compatible XRP Ledger Sidechain Goes Live on Testnet
The XRP Ledger (XRPL) EVM Sidechain goes live on the testnet as Peersyst discloses that new partners and validators could be unveiled in the coming days. This initiative would ensure that XRPL developers successfully replicate DApps on other EVM platforms while reaching over 100 million users. Blockchain development firm Peersyst Technology has a
Trump’s Liberation Day: What It Means for Crypto and Markets
April 2, 2025, marks what President Donald Trump calls “Liberation Day.” On this day, he plans to roll out a series of new import taxes on various countries. These tariffs, previously delayed, are now expected to take effect. The full […] The post Trump’s Liberation Day: What It Means for Crypto and Markets appeared first […]
SHIB Adoption Surges—Shiba Inu Exceeds 1 Billion Transactions
Shibarium processed its one billionth transaction in less than two years, outpacing Bitcoin, which took 15 years to achieve a similar milestone. Shiba Inu is reported to have recorded an incredible number of user participation as it records 193,941,765 total addresses. Shiba Inu’s Layer-2 blockchain Shibarium has reached an incredible milestone a
Bitcoin Price Fluctuates Sharply as Traders Set Sights on $84.5K Breakout
The Bitcoin market has been experiencing significant volatility recently, with traders eagerly watching for a potential breakout above $84.5K. The price of Bitcoin has been fluctuating, creating opportunities for both buyers and sellers to capitalize on the market swings. This heightened activity in the crypto space has led to increased interest fr
Tether Expands USDT0 Stablecoin to Optimism and Unichain, Boosting Superchain Liquidity
Key Takeaways: USDT0 by Tether is native to the Optimism and Unichain networks. This expansion aims to improve stablecoin accessibility and interoperability within the broader Superchain ecosystem. Related implementations use the ERC-7802 standard, improving interoperability and future-proofing compatibility. Tether has launched its cross-chain dol
Analysis: Japan Will Reclassify Crypto as Financial Products—What It Means for Investors
Japan is taking a significant step toward reshaping its approach to cryptocurrency regulation. By 2026, the Financial Services Agency (FSA) plans to reclassify crypto assets as financial products under the Financial Instruments and Exchange Act. This shift will bring cryptocurrencies under the same regulatory framework as stocks and bonds, subjecti