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Category Archive : Crypto News

LayerZero asks eligible users to pay 10 cents per ZRO to claim airdrop, plans to raise $18.5 million donation for Protocol Guild

LayerZero has introduced a new claiming mechanism for its ZRO token where users must donate $0.10 in USDC, USDT or ETH per ZRO.

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Author: James Hunt

Michael Saylor’s MicroStrategy Acquires 11.9K More Bitcoin for $786M

The company held 214,400 bitcoins as of the end of April, which at current prices would be worth about $14 billion.

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Author: Krisztian Sandor

UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business

The two suspects were interviewed under caution by the FCA and then released on bail.

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Author: Camomile Shumba

First Mover Americas: Crypto Assets Rally With BTC Returning to $66K

The latest price moves in bitcoin (BTC) and crypto markets in context for June 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Jamie Crawley, Omkar Godbole

Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters

Italy is set to adopt measures that will include high fines for those who manipulate the crypto asset market as part of a wider scheme to beef up surveillance of risks tied to the sector.

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Author: Amitoj Singh

LayerZero Says Users Must Pay 10 Cents Per ZRO To Claim Token

The donations appear to be mandatory and the LayerZero Foundation will match proceeds upto $10 million.

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Author: Shaurya Malwa

Stablecoin Issuers Now 18th Largest Holder of U.S. Debt

Stablecoin issuers are fast emerging as a significant source of demand for the U.S. Treasury notes as concerns about Washington’s debt management grow.

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Author: Omkar Godbole, Amitoj Singh

Swiss National Bank and SDX Delve Deeper Into CBDCs, Tokenized Securities

The next two-year phase of Project Helvetia will see other financial institutions and types of transactions join the party.

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Author: Ian Allison

Bitcoin miner OTC selling remains high as reserves drop to multi-year low: CryptoQuant

Bitcoin miner reserves have dropped to multi-year lows while OTC selling has increased to its highest daily volume since March, data shows.

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Author: Brian McGleenon

Dogecoin Traders Appear to Short Token as Meme Coin Frenzy Eases

DOGE funding rates are starting to flip negative, data shows, as traders move away from riskier assets amid low volatility in the broader crypto market.

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Author: Shaurya Malwa


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