How a Layer-1 Token’s Price Cratered After Its Airdrop
Omni Network token (OMNI) dropped over 55% within 18 hours after its airdrop to testnet users and NFT holders A...
Binance Converts $1B Emergency Fund ‘SAFU’ to USDC, Now 3% of Supply
Binance has converted its $1 billion Secure Asset Fund for Users (SAFU) into the Circle USDC stablecoin The SAFU fund...
The Block Letter – Apr 17
It has been a busy day in terms of news, so let us catch you up on the latest and...
Crypto X Disappointed by Gary Gensler’s Troll Post
Gary Gensler, the SEC Chair, made posts on X (formerly Twitter) that initially seemed to suggest he was resigning from...
Crypto Market Lacks Awareness of Bitcoin Halving’s Long-Term Effects, Says Bitwise
Bitcoin's price has seen little movement in the month after past halvings, but significant gains in the year following The...
The Block Letter – Apr 16
It has been a busy day in terms of news, so let us catch you up on the latest and...
How Bitcoin Miner Stock Prices Are Reacting to the Upcoming Halving
Bitcoin miner stocks have dropped this year due to fears over their post-halving profitability Analyst Mitchell Askew from Blockware Solutions...
Andreesen Horowitz Secures $7.2B for New Venture Funds
Andreessen Horowitz raised $7.2 billion across several new venture funds focused on gaming, AI, and companies supporting U.S. national interests...
The Block Letter – Apr 15
It has been a busy day in terms of news, so let us catch you up on the latest and...
Elon Musk to Charge New Twitter Users a Fee to Post – But Will It Stop Crypto Bots?
Elon Musk plans to charge new users a small fee to post on X (formerly Twitter) in an attempt to...