Binance Announces Solv Protocol on its Megadrop Platform
Binance has unveiled Solv Protocol, a Bitcoin staking protocol that aims to create a financial environment that is both Bitcoin-native and Bitcoin. According to Binance, no other platform will be launching the SOLV tokens, and any site that says it is “listing” or providing SOLV tokens before of the launch date is deceptive. Separate announcements […]
MicroStrategy Adds Bitcoin for 8th Consecutive Week
The software developer, MicroStrategy, raised its overall holdings to 446,400 BTC. As usual, executive chairman Michael Saylor hinted at MicroStrategy’s Bitcoin acquisition in a post on X on December 29. According to the company’s securities disclosure filings, it paid $209 million for 2,138 Bitcoin last week. MicroStrategy bought Bitcoin for eight straight weeks, raising its average […]
Hyperliquid Rolls out Native Staking on Mainnet
The L1 network HyperLiquid has enabled staking on its mainnet with 16 validators and an initial $8.4 billion token lockup. Heavyweight on-chain perpetual exchange, HyperLiquid introduced native staking for its coin, enabling holders to produce incentives for blockchain engagement. According to DeFiLlama, the protocol, well-known for its decentralized derivatives trading venue , boasts $2.64 billion […]
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 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, […]