Crypto News
Game Designer: ‘Airdrops Have Been a Double-Edged Sword for Blockchain Gaming’
Steve Hassenpflug says successful airdrop strategies reward skill-based contributions, include vesting periods, and distribute assets with functional value. These approaches aim to foster long-term loyalty while avoiding inflation and exploitation. Airdrops: Double-Edged Sword for Blockchain Gaming Airdrops have become a staple in the blockchain industry, particularly within the burgeoning gaming sector. Initially hailed as aSource link
XRP, SOL Nosedive 14% as Crypto Bulls Rack $800M Liquidations
Futures tied to major tokens saw over $840 million in long liquidations in the past 24 hours as a bitcoin (BTC) plunge led to losses among major tokens, with some falling nearly 14%.CoinGlass data shows that bitcoin traders betting on higher prices lost over $322 million, while bets on ether (ETH) lost nearly $290 million. Smaller alternative tokens (altcoins) recorded nearly $400 million in liquidations — with futures tracking xrp (XRP) and Solana’s SOL seeing an unusually high $80 million in cumulative liquidations.BTC slid to under $77,000 in its worst start to a historically bullish month late Tuesday, with ether (ETH) down 15% to $1,500.SOL, XRP and dogecoin (DOGE) slid as much as 15%, before slightly recovering in Asian morning...
Peter Schiff Says Crypto ‘Starting to Crack’ as Markets Slide on Trump Tariffs
The economist dubs Donald Trump's tariffs dumber than the president's Strategic Bitcoin Reserve as global markets retreat.Source link
Tron Founder: First Digital Trust Situation ‘Significantly Worse’ Than FTX
Tron founder Justin Sun has compared the controversy surrounding First Digital Trust to that of FTX before its collapse but insists the former’s case is “significantly worse.” The FTX Comparison Tron blockchain founder Justin Sun has compared First Digital Trust’s (FDT) situation, following its reported “unauthorized” transfer of $456 million from TUSD’s custodial funds, toSource link
BTC Trades Above $79K as Asia Markets Open to Chaos
Bitcoin (BTC) traded above $79,000 Monday morning Asia time as markets around East Asia opened to chaos and carnage as the global sell-off continued.The CoinDesk 20 (CD20), a measure of the performance of the largest digital assets, is down 8%.Hong Kong’s Hang Seng Index is down over 8% during mid-morning trading, while Shanghai’s SSE Composite Index is down 7%, and the Taipei’s TAIEX is down 9%.Major tech stocks across the region were some of the hardest hit. Alibaba shares in Hong Kong were down 12% while Tencent was down 9%. In Taipei, TSMC stocks dipped 10% in the first few minutes of trading, triggering the exchange’s price variation limit which halts trading in either direction.TSMC’s correction comes as the White...