Category: News

PAWS airdrop turns messy as Bybit redistributes tokens

Bybit is reversing and reissuing all PAWS tokens after botching the airdrop, leaving users angry and waiting for answers. Cryptocurrency exchange Bybit is reversing its April 15 airdrop of PAWS tokens and plans to redistribute them again after a flawed…...
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Ethereum Price Analysis: Losing This Support Could Mean Drop to $1.1K

Ethereum’s downtrend has paused at the critical $1.5K support zone. While this level may continue to provide short-term stability, a breakdown below it could initiate a sharp decline toward the $1K region. Technical Analysis By Shayan The Daily Chart ETH’s strong bearish momentum has been temporarily paused at the...
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Bitcoin Whales Have Been Buying ‘Like Never Before:’ Analyst 

Bitcoin whale activity picked up in March and April this year, observed crypto YouTuber Lark Davis on April 16. Over the past two months, large holders with a balance from 1,000 to 10,000 BTC “have been buying like never before,” he added, citing a chart from CryptoQuant. The graph...
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CBEX Scam Rocks Nigeria and Kenya, Leaves Thousands Broke

A major crypto scam has left investors in Nigeria and Kenya counting their losses. CBEX, a so-called digital asset platform, promised huge profits but turned out to be a Ponzi scheme. Source: https://images.app.goo.gl/wEtdQ5DWWaUj93cN8 The platform attracted thousands by offering returns […] The post CBEX Scam Rocks Nigeria and Kenya,...
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Chinese Local Governments Consider Selling Seized Crypto Amid Trading Ban

Local governments in China are exploring ways to liquidate seized crypto, navigating a legal gray area created by the country’s strict ban on crypto trading and exchanges. According to an April 16 report by Reuters, the absence of clear regulations on handling confiscated digital assets has led to inconsistent...
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Sony’s Soneium taps EigenLayer to cut finality to under 10 seconds

Soneium, a layer-2 (L2) blockchain network developed by Sony Block Solutions Labs, said it has slashed its blockchain finality time by over 98%, as it aims to solve one of the biggest challenges in blockchain scalability. Astar, a Japanese Web3 adoption collective bridging Astar Network and Soneium, announced a...
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