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Why did KERNEL crypto crash over 40% today?

Binance-backed KernelDAO faced a sharp sell-off right after its token KERNEL started trading on Binance following its token generation event. KERNEL’s debut on Binance was met with a swift sell-off as Airdrop recipients offloaded their holdings. The token fell by nearly 44% to a session low of $0.262, bringing its market cap down to $48.6…

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Swedish lawmakers urge finance minister to consider national Bitcoin reserve

This week, two Swedish lawmakers urged the country’s finance minister to consider adding Bitcoin to Sweden’s reserves. Sweden Democrat Member of the Riksdag Dennis Dioukarev and MP Rickard Nordin have issued open letters to Finance Minister Elisabeth Svantesson, pushing for a national strategy that embraces Bitcoin as part of the country’s future financial planning. Dioukarev’s…

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Radix proposes two-year campaign to reward real DeFi engagement

Radix, a high-performance Layer 1 blockchain, has proposed reallocating 1 billion XRD from its treasury into a two-year community incentives program aimed at deepening ecosystem engagement and improving long-term tokenomics—positioning itself as a deliberate “antidote to airdrops.” Editor’s note: This article has been updated to reflect that the 1 billion XRD community incentives program is…

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A sign of crypto’s TradFi takeover?

Ripple, one of the biggest names in the cryptocurrency sector, recently purchased prime brokerage Hidden Road for $1.25 billion, underscoring how decentralization and traditional finance are officially meshing. Nic Puckrin, a crypto analyst and founder/CEO of The Coin Bureau, says the deal is indicative of this new trend and a positive for Ripple’s blockchain adoption…

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Grayscale updates crypto assets under consideration, most bullish on Maple, Geodnet, and Story

Asset management giant Grayscale has updated its lists of crypto assets under consideration and included in its products, naming Maple, Geodnet, and Story as the projects it’s most bullish on this quarter. On April 10, Grayscale Investments updated its lists of crypto assets under consideration and included in its products. Among the new additions in…

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