Injective Votes On Major Upgrade To Make INJ Even More Deflationary: Will Prices Recover?

Injective Protocol, a blockchain for decentralized finance (DeFi) and derivatives trading, is voting on a proposal to significantly reshape the platform’s tokenomics and introduce a new era dubbed Injective 3.0. According to Injective, through a post on April 19, the proposal is now open for voting via the Injective Hub. For the next four days, stakers and…

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Merlin Chain Launches MERL: A Major Leap Forward in Bitcoin Layer 2 Solutions

April 19th, 2024 — Merlin Chain, the largest Bitcoin Layer 2 protocol by total value locked (TVL), is thrilled to announce the launch of its native token, $MERL. As a significant enhancement to the Bitcoin network, Merlin Chain facilitates the rapid growth of decentralized applications (DApps) across various sectors, including decentralized finance (DeFi), gaming and…

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As Bitcoin Halves, On-Chain Data Shows That Old Whales And Miners Are Big Winners

As Bitcoin halves and ushers in the fifth epoch in April, Ki Young Ju, the founder of the crypto analytics platform CryptoQuant, has unveiled some interesting profitability statistics for various entities. Ju took X to highlight the unrealized profits across different investor groups, unveiling a clear winner: old whales. Bitcoin Rewards Old Whales, Miners According to the…

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BlockDAG Leads With 400% Price Surge, Promising Further 30,000x ROI, Overcoming Ethereum ETF and Injective Price Trends

BlockDAG has quickly captured the investment community’s attention by selling out its initial presale phases, showcasing exceptional growth potential compared to traditional heavyweights like Ethereum ETF and the dynamic Injective Price. With $18.5 Million already raised in its early stages and currently in Batch 9 for $0.005, BlockDAG demonstrates a remarkable ability to attract investors…

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Binance CEO Vows Cooperation With Nigerian Authorities In $35M Money Laundering Case

In a recent development, Richard Teng, the CEO of Binance, has confirmed the company’s close cooperation with Nigerian authorities following the detention of its head of financial crime compliance, Tigran Gambaryan. Gambaryan and another Binance official are facing accusations of laundering over $35 million.  According to a Reuters report, the Nigerian court has adjourned the…

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