A massive unstaking event has rocked Babylon, a prominent Bitcoin staking protocol, leading to a staggering $1.26 billion worth of BTC being withdrawn and slashing its total value locked (TVL) by 32%. On April 17, blockchain analytics firm Lookonchain flagged four wallet addresses responsible for unstaking 14,929 BTC from Babylon. One address alone accounted for […] The post Babylon Sees $1.26B in BTC Unstaked, TVL Drops 32% Amid Lombard Transition appeared first on DeFi Planet.
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Auradine, a prominent blockchain and AI infrastructure solutions provider, has successfully raised $153 million in a Series C funding round. This substantial capital injection will fuel the company’s mission to develop secure and energy-efficient technologies that support the growing demands of blockchain and artificial intelligence applications. The funding round reportedly saw participation from leading investors, […] The post Auradine Secures $153M in Series C Funding to Expand Blockchain and AI Infrastructure appeared first on DeFi Planet.
In a bold countermove against former partner Pump.fun, Raydium—the Solana-based decentralized exchange—has introduced a new memecoin launchpad, LaunchLab, to reclaim dominance in the Solana meme token space. Launched on April 16, LaunchLab arrives just a month after Pump.fun cut ties with Raydium, migrating its token liquidity from Raydium’s pools to its own decentralized exchange, PumpSwap. […] The post Raydium Fires Back at Pump.fun With Launch of Memecoin Protocol, LaunchLab appeared first on DeFi Planet.
Bitwise Asset Management has expanded its reach into the European market by launching four new cryptocurrency Exchange Traded Funds (ETFs) on the London Stock Exchange (LSE). This move provides increased accessibility for European investors seeking exposure to the digital asset market through regulated investment vehicles. These new ETs include the Bitwise Bitcoin ETF (BBTC), which […] The post Bitwise Launches Four Crypto ETFs on the London Stock Exchange appeared first on DeFi Planet.
Bitget has executed a substantial token burn, permanently removing 130 million Bitget Tokens (BGB) from circulation. The burn, equivalent to 2.5% of the total BGB supply, aims to enhance the token’s scarcity and long-term value for holders. The event occurred on April 16, 2025, and was publicly verified via blockchain transaction records. BGB is the […] The post Bitget Burns 130 Million BGB Tokens, Reducing Total Supply by 2.5% appeared first on DeFi Planet.
Ethereum users are now enjoying the lowest transaction fees seen on the network in five years as on-chain activity slows significantly ahead of the anticipated Pectra upgrade. Brian Quinlivan, the firm’s marketing director, noted in a blog post that the decline in activity is due to reduced demand, with fewer users engaging in smart contracts […] The post Ethereum Transaction Fees Plunge to 5-Year Low Amid Network Lull appeared first on DeFi Planet.
Coinbase faced backlash after its blockchain network, Base, promoted a memecoin on social media, leading to a significant drop in value. On April 16, Base shared a post on X featuring the slogan “Base is for everyone” and linked it to a corresponding token on Zora, a platform for trading digital assets. The token initially […] The post Coinbase’s Base Faces Backlash Over Token Misstep, Distances Itself From ‘Base is for Everyone’ Coin appeared first on DeFi Planet.
Image Source: 123rf.com Frugality is often admired from a distance but squirmed at up close. While being careful with money is smart and responsible, it can sometimes create awkward moments in social settings.
In most countries, pyramid schemes are illegal, and for good reason. The practices of companies that operate a pyramid scheme are deceptive to consumers and their participants. According to Yahoo Finance, a pyramid scheme is “a form of fraud that involves promising participants payments or services, primarily for enrolling other people into the scheme, rather…
It’s no secret that buying a home today feels impossible for many millennials and Gen Z. Prices are astronomical, wages have stagnated, and interest rates have spiked. All the while, baby boomers, many of whom bought homes decades ago for a fraction of today’s cost, are sitting on a goldmine of equity.