Author: John Smith

Bitget has integrated the Berachain mainnet into their web3 non-custodial wallet and offers users extra rewards through the BERA airdrop. According to the press release sent to crypto.news, starting from Feb. 6 to Feb. 10, eligible users will be able to claim the BERA airdrop to gain extra rewards from an additional reward pool. Through Bitget Wallet’s Discover page, users can verify their eligibility for the BERA airdrop based on previous interactions with the testnet. Eligible users will be able to receive their allocated BERA tokens directly through the Bitget Wallet. Not only that, users can also claim additional rewards…

Ethereum’s Vitalik Buterin is tired of hearing that “degen casino” is the best market fit for crypto, expressing frustration over the industry’s narrow focus. Amid growing concerns about Ethereum‘s direction, co-founder Vitalik Buterin expressed frustration with claims that its model isn’t the best fit for the market, especially as it struggles to compete with the “degen casino” appeal drawing retail interest. Fighting consumes energy and brings people to the breaking point. This is part of the condition of life.Do I feel good when I hear people from crypto twitter and VC firms telling me that PvP KOL degen casino that’s…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Institutional investors and whales are moving funds from major projects into 1FUEL’s trading ecosystem; here’s what’s driving their decision. Institutional investors may enter the market when there’s a dominant narrative, but they don’t always follow it. It’s always interesting to dissect the reasoning behind their moves, which often contradict retail investors. For instance, XRP and Dogecoin whales are pouring money into newer ecosystems, so let’s understand why.  XRP: A reliable cross-border payments facilitator XRP has proven a formidable bridging…

Cryptocurrency scammers are targeting Phantom Wallet users via malicious pop-ups that look like genuine update requests. According to Web3 security firm Scam Sniffer, phishing scammers are using a new tactic to drain Phantom Wallets by tricking users into signing fake “update extension” requests. Once approved, the pop-up prompts them to enter their seed phrase, which, if provided, gives scammers full access to their funds. Scam Sniffer advised users never to disclose their seed phrases and only update extensions via the web store available on the Chrome browser.  Previously, such popups were limited to malicious websites mimicking Phantom’s interface. Now, scammers…

Spot Bitcoin exchange-traded funds in the United States reverted to outflows on Feb. 6 as Bitcoin continued trading below the crucial $100K level, needed for its next leg higher. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $140.3 million in outflows on Thursday, breaking a two-day streak of inflows that had totaled $407 million. Fidelity’s FBTC led the outflows with $103.25 million in redemptions, followed by Grayscale’s GBTC, which saw $42.21 million withdrawn. Meanwhile, Bitwise’s BITB was the only ETF to record inflows, attracting $5.15 million from investors. Other spot Bitcoin funds, including BlackRock’s IBIT, saw no…

Canada’s crypto firms are stuck between two banking realities—ATB Financial, which welcomes Bitcoin and Ethereum businesses, and the country’s biggest banks, which want nothing to do with them. On Feb. 6, Bloomberg reported that ATB Financial, a government-owned bank in Alberta, has become a crucial ally for crypto companies in Canada, as most major Canadian banks remain hesitant to provide financial services to digital asset firms. The move has made Alberta a growing hub for blockchain businesses, with the provincial government aiming to generate $3.5 billion in revenue from crypto and tech by 2030. ATB, which reported $28.3 billion in…

Ethereum ETFs recently recorded their third-biggest day ever, adding $500M in a week—16% of all inflows since launch. With ETH stabilizing, could this signal a larger trend reversal? Spot Ethereum (ETH) ETFs have seen a surge in inflows over the past week, with more than $500 million entering the market in the last five trading sessions as of Feb. 6. According to CoinGlass, the recent wave of investments accounts for about 16% of all-time net inflows, which now stand at $3.17 billion, and represents 18% of the $2.8 billion that flowed in between Jul. 23, when spot Ethereum ETFs were…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin faces a sharp decline as investors seek new opportunities, while Lightchain AI gains traction with rising presale demand. Dogecoin (DOGE), once the face of the meme coin movement, is experiencing a sharp decline as market sentiment weakens. Despite its strong community and past rallies, DOGE has struggled to maintain upward momentum, leaving investors searching for higher-growth opportunities. At the same time, Lightchain AI (LCAI) is emerging as a game-changing project, with analysts predicting a potential 80x return. Currently,…

Coinbase, the top U.S.-based cryptocurrency exchange, has announced trading support for perpetual futures for Pudgy Penguins, Popcat, and Helium. On Feb. 6, Coinbase said it will add support for Pudgy Penguins (PENGU), Popcat (POPCAT) and Helium (HNT). The perpetual futures for the three tokens will go live on both Coinbase International Exchange and Coinbase Advanced.  Trading for PENGU-PERP, POPCAT-PERP, and HNT-PERP will begin on or after 9:30 a.m. UTC on February 13, 2025. Coinbase International Exchange is available to non-U.S. institutions in select jurisdictions, while its Advanced platform is open to eligible non-U.S. retail users in those same regions. The…

Ondo Finance has announced the launch of a new layer 1 blockchain designed to accelerate institutional adoption of real-world assets.  Ondo Chain, built as part of Ondo (ONDO)’s push to bring capital markets onchain, is an L1 blockchain purpose-built for institutions.  The RWAs-focused chain, which the Ondo team announced on Feb. 6, is the infrastructure that will support Ondo Global Markets, providing features and capabilities that will make institutional adoption of tokenized securities a reality. Ondo’s team has been developing this project for several months and believes its launch will take institutional tokenization to the next level. Current challenges in…