US News

Coinbase’s Layer 2 network, Base, is experiencing a meteoric rise in Decentralized Exchange (DEX) activity. With a staggering 53% surge in DEX users within the last 24 hours, Base boasts a record 267,000 active users, eclipsing Binance Chain’s 154,000. This explosive growth positions Base as the potential runner-up in the DEX user race for the […]

In a surprising move, cryptocurrency exchange OKX announced it would be discontinuing all services in Nigeria, citing “recent changes in local laws and regulations.” This decision follows OKX’s suspension of Naira withdrawals in May 2024, which coincided with the Nigerian government’s accusations against another major exchange, Binance, regarding alleged currency...

Memes have long been a vital component of human culture, continually evolving across different mediums. The concept of a “meme” was introduced by British evolutionist Richard Dawkins in his groundbreaking 1976 book, “The Selfish Gene.” He described memes as units of cultural transmission—such as “tunes, ideas, and catch-phrases”—drawing a parallel to the way...

Wall Street’s growing appetite for cryptocurrencies has undoubtedly injected fresh momentum into the digital asset market. However, the influx of traditional finance giants may not be entirely benign, according to Tether co-founder William Quigley. While the increased liquidity and institutional backing can bolster market stability and confidence, Quigley cautions that it could also...

In the world of crypto, previous bull markets were predominantly “beta” rallies, where nearly all assets saw price increases. The key strategy was to simply hold onto crypto assets; the specific tokens mattered less than the general category they belonged to. Typically, the progression of these rallies followed a predictable sequence: Bitcoin hit new highs […]

Lowery’s theory posits that Bitcoin could become integral to US defense strategy, potentially driving its value to unprecedented levels. This bold assertion, made by US Space Force Major Jason Lowery, suggests a revolutionary shift in how we perceive and utilize digital currencies. In his role as a national defense fellow at MIT, Lowery has highlighted […]

As we anticipate advanced infrastructure like rollups and faster Layer 1s and 2s, we expect more app launches. This raises the question of why some apps, like Uniswap, dYdX, and Lido, succeeded where others did not. While pinpointing their exact success factors is challenging, our analysis provides insights into why these apps thrived in a […]

In a move prompted by new European regulations, cryptocurrency giant Binance is shaking up the stablecoin market within the EU. Starting at the end of June, Binance will restrict access to certain stablecoins deemed “unauthorized” by the European Union. To ease the transition for users, Binance will implement a “phased approach,” encouraging them to switch […]

Cryptocurrencies are the shiny new toys in the investment playground, but don’t let their popularity fool you; the market’s still a wide-open frontier. Compared to traditional financial giants, crypto is a small-town rodeo, which means prices can go wild. In today’s issue, we will be considering some of the reasons—seven reasons why crypto prices often […]

We’ve grown accustomed to the poor user experience of Web2, but it’s quite frustrating. We juggle dozens of financial app accounts, endure days-long waits for bank transfers, chase down email confirmation codes, constantly recreate our social networks in new apps, and generally slog through the digital landscape. Imagine still calling a taxi dispatcher, anxiously waiting […]