Lido has terminated its Polygon staking operations due to limited user adoption, resource demands, and a shift in DeFi towards zkEVM solutions. Users can withdraw staked MATIC until June 16, 2025, while Polygon’s POL token faces bearish pressure, dropping 1.41% post-announcement. Lido, the liquid staking protocol, announced the termination of its staking operations on the…
Following the Bitcoin price rally, Ethereum is catching up with the bulls. The ETH price has officially hit the $4k mark and requires just an 18% further rally to achieve the ATH at $4.8K. As this bullishness is building, an Ethereum whale grabbed the opportunity, netting $5M in profits from his smart crypto trading strategies….
The Hong Kong government has reaffirmed its intention to adopt a global crypto tax reporting framework by 2028, according to a recent statement. This decision followed recent discussions with the Organization for Economic Cooperation and Development (OECD) Global Forum on Transparency and Exchange of Tax Information. The framework, introduced in June 2023, expands the existing…
Ape Terminal, the platform to have emerged as Web3’s most liquid primary market – connected to over $1.7 billion worth of assets and 500,000+ active accounts, growing at over 4,000 active users per day, is all set to host its next big launch, EARN’M. EARN’M is a DePIN Mobile Rewards Ecosystem that transforms SmartPhones into…
Rexas Finance (RXS), a blockchain platform transforming real-world asset (RWA) tokenization, is rapidly attracting attention in the cryptocurrency sector. At present, valued at only $0.15 during its stage 10 presale, RXS is positioning itself as a strong competitor to Solana (SOL). Analysts anticipate a 6,566% increase to $10 over the next three months, indicating substantial…
On December 12th, Uplink and Avalanche made a significant announcement about Uplink launching the first Decentralized Physical Infrastructure Network (DePIN) on Avalanche Blockchain. We asked Carlos Lei, the Co-founder and CEO of Uplink and Justin Fiddes, Senior Ecosystem Growth Associate of Avalanche to provide an exclusive interview to BeInCrypto and share insights on their latest…
In a major announcement on Tuesday, crypto exchange Bybit announced to stop its digital asset withdrawal and custodial services in France, citing regulatory roadblocks. The crypto exchange announced that these services won’t be available anytime after January 8, 2025, however, noting that it remains committed to adhering to the recent regulatory developments. Bybit Users In…
Solana’s ecosystem growth, marked by leading developer activity and rising adoption of Solana wallets, has bolstered confidence among investors. Analysts forecast significant gains for SOL, with Michaël van de Poppe projecting a surge to $1,500-$2,500 during the current bull cycle. Solana (SOL) price is among the talk of crypto fans as a bullish technical pattern…
The recent explosive crypto market rally has made many analysts think twice and update their bullish price predictions. If Bitcoin can continue its bullish momentum to reach $150K, the likes of Stellar and up-and-coming GambleFi upstart Rollblock ($RBLK) are poised to offer investors startling returns of up to 1000x in the coming alt season mania!…
Mahe, Seychelles, December 17th, 2024, Chainwire BYDFi, a global leading one-stop cryptocurrency exchange, participated in the grand Taipei Blockchain Week (TBW) recently, during which it worked with several major partners and showed its strong ability and innovative spirit in the Web3 field. Focusing on the prospects and trends of Web3, creating a new chapter together. This…
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