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MEXC Lists XRPL Meme Coin PHNIX

MEXC Lists XRPL Meme Coin PHNIX

The first major centralized cryptocurrency exchange has accepted the PHNIX meme coin, first introduced on the XRP Ledger.  The Phoenix team declared on December 27 that PHNIX was listed on the cryptocurrency market MEXC. With this action, the exchange becomes the first significant CEX to offer meme coin spot trading:  A historic milestone has been […]

Bitget Announces First BGB Token Burn

Bitget Announces First BGB Token Burn

Bitget has revealed a significant update for its BGB token with intentions for continuous quarterly burns and repurchases.  The cryptocurrency exchange Bitget has revealed fresh modifications to its tokenomics and improvements to its Bitget Token whitepaper. Bitget announced on Friday that it would burn 800 million BGB tokens, or 40% of the entire token supply, […]

Tether Invests $2m Into Arcanum Capital Fund II

Tether Invests $2m Into Arcanum Capital Fund II

Tether has made its first foray into the venture capital industry by contributing $2 million to Arcanum Capital fund, which focuses on creating blockchain-based Web3 products.  A recent news release claims that Arcanum Capital’s Arcanum Emerging Technologies Fund II has seen $2 million invested in the venture capital field by Tether, a significant stablecoin issuer. […]