Author: Crypto Insider

Move-to-earn lifestyle app StepN, built on the Solana blockchain, is airdropping 100 million FSL points, worth approximately $30 million, to its users. According to the April 10 announcement, the FSL points are redeemable at a 1:1 ratio for StepN’s GMT token and can also be used in upcoming StepN nonfungible token (NFT) mints alongside obtaining exclusive prizes….

Bitcoin OGs appear to be gearing up to cash in on their gains ahead of the Bitcoin halving, according to a leading indicator popular among crypto traders. An indicator called the Value Days Destroyed (VDD) Multiple recently spiked above 4.0, leading crypto commentators to speculate that the wider market could be nearing the end of the bull…

Crypto-focused venture capital (VC) firm Paradigm is leading a $225 million funding round into a new layer-1 blockchain network, which is set to compete for market share with Solana and other top networks. Monad Labs completes the funding round, which aims to build a new layer-1 smart contract network with faster speed and lower costs…

Toncoin (TON) flipped Cardano’s ADA token to become the ninth-largest cryptocurrency by market capitalization on April 9. Can Toncoin continue its parabolic rise? TON becomes the ninth-largest cryptocurrency Following a 13% daily price increase, TON rose to $6.65 as of 1:45 pm UTC to reach a $23 billion market capitalization, overtaking the ADA’s $22 billion market…

The chief executive officer of investment firm VanEck says it’s unlikely the United States Securities and Exchange Commission will approve a spot Ether exchange-traded funds in May. In an April 9 interview with CNBC, Jan van Eck said his firm’s spot Ethereum ETF application will “probably be rejected.” He noted that his firm was the first to file…

Decentralized finance (DeFi) firm 1inch Network has debuted a new debit card with cryptocurrency-to-fiat bridge functionality. The new card was developed in partnership with Mastercard and Baanx. According to a blog post from 1inch, the new debit cards will feature full functionality, including a physical card featuring an account number, expiration date and the “CVC” security code…