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Crypto News

A collection of 337 articles

Demex Daily #64: $ENS Token Rises 72% Following Vitalik Buterin's Support and Ownership Proposal

What’s Interesting Today: The value of the ENS token increased significantly, reaching a 72% rise, following commendation from Vitalik Buterin, Ethereum's co-founder, for the Ethereum Name Service (ENS). Buterin highlighted the importance of ENS's integration with second-layer networks like Optimism, Arbitrum, and Polygon, emphasizing its

Demex Daily #63: $DYM Dymension's Multi-Chain Airdrop Targets Over a Million Users

What’s Interesting Today: Dymension, a blockchain built on the Cosmos framework, is launching a significant token airdrop, distributing its DYM tokens to over one million cryptocurrency enthusiasts across networks like Solana, Ethereum, and Cosmos. This event, termed as the "genesis rolldrop," is making available 70 million DYM

Demex Daily #62: $BTC Bitcoin Soars Above $45K in Lead-Up to U.S. Spot ETF Decision

What’s Interesting Today: Bitcoin's price showed bullish momentum at the start of the year, partly due to expectations of a spot Bitcoin ETF approval in the U.S. On January 1, 2023, BTC's price rose to over $45,000, driven by trader and investor optimism

Demex Daily #61: $BLAST Blast Secures $1.1 Billion in Pre-Launch Deposits Amid Ethereum L2 Rollout Controversy

What’s Interesting Today: Blast, an Ethereum layer-2 scaling solution, has secured over $1.1 billion in user deposits ahead of its launch and an anticipated token airdrop. Despite controversy around its rollout, including criticism from backer Paradigm for launching a bridge prior to the network and prohibiting withdrawals until

Demex Daily #60: $ETH Buterin Suggests Fewer Validator Signatures in Ethereum PoS Revamp

What’s Interesting Today: Ethereum founder Vitalik Buterin proposed a significant change to Ethereum's Proof-of-Stake (PoS) system in a recent blog post. Aimed at post-Shanghai upgrade, the strategy involves reducing the number of required validator signatures from the current tens of thousands to 8,192. This change is

Demex Daily #59: $SOL Solana DEXs Thrive Post-Airdrops Rivaling Ethereum in DeFi

What’s Interesting Today: Solana's DeFi sector has experienced a significant surge in trading volumes, particularly on its decentralized exchanges (DEXs), following two major airdrops from Pyth and Jito, valued at approximately $87 million and $228 million respectively. This increase in activity has narrowed the gap with Ethereum&

Demex Daily #58: $XAI Xai Network's Upcoming Arbitrum Airdrop

What’s Interesting Today: The Xai Gaming Network, a "layer-3" network on Arbitrum, is set to distribute its token through an airdrop on December 27. This network, associated with Arbitrum and Offchain Labs, is designed for gaming and uses its token for transaction fees and in-game purchases like

Demex Daily #57: $CAKE PancakeSwap Token Rises on Reduced Supply Proposal

What’s Interesting Today: PancakeSwap, a decentralized exchange, proposed to reduce the maximum supply of its CAKE token from 750 million to 450 million, resulting in a significant price surge. CAKE's price increased by 20% on Thursday, reaching its highest level since May. This proposal is part of

Demex Daily #56: $LYRA Lyra V2 Debuts on Optimism with Advanced Trading Features and New Competition

Demex Daily #56: $LYRA Lyra V2 Debuts on Optimism with Advanced Trading Features and New Competition; Cardano Codebase Shifts to Intersect's Stewardship in Voltaire Era What’s Interesting Today: Lyra V2 has developed its own custom chain using the Optimism stack, providing ultra-fast trading and execution while maintaining

Demex Daily #55: $SOL $BONK Bonk Memecoin Craze Boosts Solana Saga Phone Sales on eBay

What’s Interesting Today: The Solana Saga phone experienced a significant increase in demand and resale value following a frenzy over the free Bonk memecoin airdrop. Originally priced at $599, the phone sold out on its official website and was listed on eBay for as much as $5,000, over