A new airdrop campaign called the “Glacier Drop” officially launched on August 5, opening the door for eligible crypto users to claim allocations of the NIGHT token.  The airdrop spans eight major blockchain ecosystems, including Bitcoin, Ethereum, Solana, BNB Chain, Cardano, Avalanche, Ripple’s XRP Ledger, and Brave. Eligibility for this first phase was based on a snapshot taken on June 11. Wallets that held at least $100 worth of native tokens on any of the supported networks at the time qualified to receive the airdrop.  Airdrop Rolls Out in Three Phases The launch marks the beginning of a three-stage distribution…

Defying all momentum, Solana based memecoin launchpad Pump.fun’s revenue has plummeted to the lowest monthly revenue ever recorded. This depicts a broader downturn in the memecoin market. According to data from DeFi analytics platform DefiLlama, Pump.fun generated only $24.96 million in revenue in July.  This amount is a dramatic 80% decline from its peak of more than $130 million in January this year.  The platform has experienced a steady slide throughout 2025, with revenue dropping to $90 million in February, then falling further to $37 million in March. It hovered around the $40 million mark between April and June before…

Cardano’s main development team, Input Output Global (IOG), has secured approval to receive 96 million ADA (about $71 million) from the network’s treasury to move forward with key upgrades. The proposal, which was supported by 74% of voters (200 in favor, 6 against, and 7 abstaining), outlines a 12-month roadmap aimed at improving scalability, developer tools, and interoperability. Despite passing, the funding plan raised concerns within the community about its high cost and the need for stronger transparency and accountability. To address these concerns, the funding will be released in stages based on progress. The member-based group Intersect will serve…

The Ether Machine has made a bold return to its long-term crypto strategy, snapping up 15,000 ETH in a $56.9 million purchase, the company announced Wednesday. Not far behind, SharpLink Gaming also jumped in with a sizable $43 million Ether acquisition. This latest move, made at an average price of $3,809 per ETH, brings The Ether Machine’s total holdings to 334,757 ETH. The company said the timing of the buy was no coincidence, it was a tribute to Ethereum’s 10th birthday. “We couldn’t imagine a better way to celebrate Ethereum’s 10-year anniversary than by doubling down on our belief in…

Chainlink just earned a major spotlight, this time from the White House. In its newly released Digital Asset Report, the U.S. government officially recognized Chainlink as a critical building block in the future of digital finance.  The report highlights how Chainlink’s decentralized oracles play a vital role in connecting blockchain networks to real-world data, whether it’s market prices, updates, or economic indicators. This connection is what allows smart contracts to function in real time, reacting to actual events rather than just code. It’s a big moment, especially as decentralized applications (dApps) become more central to modern finance. From trading and…

Ethereum Price Support In The Green Ethereum’s price attempted to mirror Bitcoin’s price trajectory but failed to sustain past $3,900. Following a peak at $3,939, ETH began a downward correction, dipping below $3,900. The price of Ethereum has fallen below the $3,820 support level and is now trading below the 23.6% Fibonacci Retracement level. This particular retracement level is calculated based on the recent upward movement from a swing low of $3,515 to a high of $3,939. Note: Fibonacci Retractment is a technical analysis tool used by traders to identify resistance and support levels.  These levels capture the support and…