CryptoNinjas
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Posts published by CryptoNinjas 4/12

Bank of Korea Says Bitcoin Does Not Meet Foreign Reserve Standard

Key Takeaways: Bank of Korea Rejects Bitcoin as a Reserve Asset: According to the Bank of Korea (BOK), the failure of Bitcoin to pass the test pertinent to foreign exchange reserves is that it is far too volatile in terms of liquidity risk and…

Solana Celebrates 5 Years with 400 Billion Transactions and $1 Trillion in Volume

Key Takeaways: Solana Hit Major Milestones: It celebrates 5 years, 400 billion transactions, and more than $1 trillion in trading volume in total, showing soaring adoption and rapid efficiency on the Solana platform. High-Speed Blockchain…

Binance Wallet Offers Zero-Fee Trading for Six Months: A Game Changer?

Key Takeaways: Zero-fee trading is now available for all trading pairs on Binance Wallet. The promotion lasts from March 17th to September 17th, 2025. It only works for swaps inside Binance Wallet, not for transactions involving external dApps…

Surpassing Solana and Ethereum, BSC leads DEX Volume with $1.637B in 24 Hours

Key Takeaways: Recording $1.637 billion, Binance Smart Chain (BSC) rules the 24-hour DEX volume, outperforming Solana and Ethereum. Base and Arbitrum fell behind; Solana and Ethereum followed with $1.077 billion and $1.012 billion. The explosive…

CZ Pushes for Utility in AI Agents; Questions Demand for New Tokens

Key Takeaways: Binance founder Changpeng Zhao (CZ) thinks artificial intelligence agents should give genuine utility first priority over releasing fresh coins. Instead of building speculative assets, he advises AI agents to take payments in…

Money Laundering Allegations Linked to OKX Web3; Platform Issues a Statement Transparency in Its Ecosystem

Key Takeaways: OKX took immediate action to suspend its DEX aggregator to improve security and prevent misuse upon identifying the vulnerabilities exploited by Lazarus Group. Through its Web3 DEX aggregator and CEX, OKX has implemented…

Crypto Whale Exits Bitcoin Shorts, Pockets $1.4M Profit – Then Re-Opens Position

Key Takeaways: A major crypto whale has partially closed a significant Bitcoin short position. After closing 387.02 BTC, the whale booked $1.4 million in profit, causing a brief fluctuation in Bitcoin’s price. Despite taking profits, the…

Stablecoin TVL on Solana Soars Over 5% as Daily Active Addresses Soar

Key Takeaways: Stablecoin TVL on Solana exceeds 5%, signaling a healthy ecosystem—outperforming much of the market. Solana saw another record high at 4 million daily active addresses, indicating stronger user engagement. Solana’s increasing…

RedStone’s RED Token Surges Following Launch of DRILL Program

Key Takeaways: The RED token has seen a significant price increase after the announcement of the DRILL program. The DRILL program aims to airdrop 4.5% of the total RED supply to early adopters and core users. This initiative consists of five…

Validators Literally Put Their Money Where Their Mouths Are: Solana Votes to Cut Inflation

Key Takeaways: Validators on Solana are approving SIMD-228, which aims to lower the annual inflation rate of SOL from 8% to a lower percentage that still provides long-term sustainability. They say SOL becomes stronger when inflation is deflated…

MoonPay Secures Wisconsin License, Expands Presence in U.S. Crypto Market

Key Takeaways: MoonPay obtains Money Transmitter License in Wisconsin, increasing US footprint. The license enables Wisconsin residents to purchase crypto seamlessly with no additional MoonPay fees (network fees still apply). This move further…

Ethena’s Meteoric Rise: Surpasses PancakeSwap and Jupiter in Daily Revenue

Key Takeaways: Ethena has now earned $3.28 million in daily revenue, surpassing leading DeFi protocols. Ethena’s native token ENA saw a 4% price jump after the revenue milestone. Strategic moves, such as treasury fund allocation, contribute…

First-Ever Bitcoin Corporate Treasury Convertible Bond ETF Launched by REX Shares

Key Takeaways: BMAX is the first-of-its-kind ETF designed for that purpose, giving exposure to companies with Bitcoin on their balance sheets via convertible bonds. The fund seeks to offer a combination of fixed income stability and optionality in…

California Man Serving Dark Web MDMA Sales Sentenced for Bitcoin Money Laundering

Key Takeaways: A California man sentenced to 87 months in prison for Bitcoin-based laundering of MDMA sales earnings. The case fit Operation Crypto Runner, a government assault on crypto-based money laundering. Authorities note a rising pattern of…