ChainGPT partners with CoinMarketCap for a $50,000 Airdrop
ChainGPT, a pioneering AI infrastructure network for the Web3 ecosystem, has announced a strategic partnership with CoinMarketCap to launch a generous airdrop campaign, gifting crypto fans $50,000 in $CGPT tokens. This interesting initiative intends to reward and engage the crypto community while also broadening the reach of ChainGPT’s native coin. According to the press release […]
What CoinMarketCap’s Q3 report tells us about the crypto industry
The digital finance world moves rapidly, and the recent Q3 CoinMarketCap report provides crucial insights into the current state and direction of the crypto industry. From growth narratives to the role of traditional finance in the space, let’s unpack the highlights. A Glimpse at the Market’s Overall Health The total crypto market cap stood at […]
CoinMarketCap launches “Killer Whales” reality show inspired by Shark Tank
CoinMarketCap, a leading crypto price tracking website, is venturing into reality television by launching a new competition series called “Killer Whales.” Drawing inspiration from the popular TV show “Shark Tank,” the program is being developed in collaboration with Web3 entertainment firm Hello Labs. Crypto entrepreneurs to pitch ideas to Web3 industry experts The new show […]
Bitcoin spikes leveling up with silver as crypto market value hits $3T
TL; DR Breakdown As Bitcoin gains mainstream acceptance, its marketcap has risen to the same as silver. The leading currency is now targeting the $68k mark as it continues going higher. The bitcoin price has surpassed the $67k mark, breaking its range since October 28. It rose by almost 7% on Monday as it neared […]
Katana decentralized exchange unveils on the Ronin blockchain
TL; DR Breakdown Axie Infinity is proud to present Katana DEX, its decentralized exchange based on Ronin. The DEX offers users swapping options, staking funds into liquidity pools, and trading fee rewards. Axie Infinity recently put forth news on its DEX, Katana DEX, built on Ronin. The gaming network is working towards the most prominent trading […]
CoinMarketCap hack leaves 3.1 million email addresses compromised
TL: DR Breakdown A recent hack on the crypto tracking service, CoinMarketCap, leaves 3.1 million users’ email addresses exposed. CoinMarketCap announced that the breach did not come from its servers. It continues to encourage users to employ reasonable cybersecurity measures. A report from Have I Been Pwned on October 23 revealed a CoinMarketCap hack that happened earlier […]
Crypto market cap: Crypto industry Loses $23B as BTC and other digital assets plummet
The cryptocurrency market, led by the leading cryptocurrency, Bitcoin has massively declined over the past 24 hours, losing more than $20 billion in total crypto market cap in the process. $23 billion in cryptocurrencies has vanished from the cryptocurrency market following the massive retracement that digital assets are undergoing. The world’s leading crypto asset by […]
Latest Coinmarketcap update to combat inflated volumes on exchanges
Coinmarketcap (CMC), the leading digital currency data provider, has made further changes to its ranking system to determine when cryptocurrency exchanges report inflated volume on its platform. The Coinmarketcap update comes in line with its mission of providing transparency for digital currency market data. Coinmarketcap update targets fake volumes reported by exchanges Introduced on Friday, […]
Binance CoinMarketCap ranking a shame, OKEx CSO
The Binance CoinMarketCap ranking system is a shame according to OKEx crypto exchange Chief strategy officer (CSO) Alysa XU. The ranking was introduced after the data portal was acquired by Binance in a move critics say is a way of manipulating figures in the crypto space. Blogging on a Chinese website Weibo on May 15, […]
CoinMarketCap remodels its exchange ranking system
CoinMarketcap, one of the most reliable websites when it comes to aggregating data has gone a step further after they announced that they had added a remodeling to its exchange ranking system with the addition of web traffic. The new update to the site which was put to the test yesterday was announced last week […]
Binance global visibility grows after Rupee and Rupiah trades launch
Binance global visibility appears unstoppable after its entry into two key emerging markets. The high profile exchange has entered the India and Indonesia markets after launching Rupee and Rupiah peer-to-peer trades. In its announcement dated April 14, the platform has enabled users to trade Rupees (INR) and Rupiah (IDR) with other cryptocurrencies. The two countries […]
CoinMarketCap takeover by Binance for $400 million, rumor or not?
It has been reported on several news sites that the global crypto exchange firm, Binance, has taken over CoinMarketCap in a deal worth about $400 million. However, the certainty of the news remains a question as it remains a rumor. Reportedly, the main reason for the CoinMarketCap takeover by Binance is to enable the latter […]
