Bybit, one of the largest cryptocurrency exchanges in trade volume, has recently revealed its plan to wind down a range of its Web3 offerings. This order has opened up a pretty fascinating discussion within the crypto community. Now, people are asking why it happened and thinking about how it will...
Bybit, one of the world’s largest cryptocurrency exchanges, is retrenching in Web3. It will be shutting down a number of its services, including its NFT marketplace and Web3 Points loyalty program. It was a surprise move for the platform, which lost $1.4 billion in a hack in mid-February. Now, it’s...
Is Bybit rugging, or simply re-furnishing? So the shuttering of their Web3 initiatives – Cloud Wallet, NFT Marketplace, DEX Pro, the entire kit and caboodle – hurts. This hurts, and it’s most painful for the employees who were sold on Bybit’s Web3 vision. Countless others built their projects and livelihoods...
The Web3 dream – a decentralized, democratized internet – took another blow this week. This week, crypto exchange Bybit gave up on much of its own Web3 ambitions, shutting down NFT marketplaces, DEXs and other facets of its ecosystem. This move has generated excitement across the crypto community. Is this...
On April 13, 2025, the OM token, which is known as the native utility token of the Mantra platform, plummeted. As a result, its value dropped by an astounding 90%. The OM price quickly dropped from around $6.32 to a low value of $0.49. This collapse was precipitated by massive...
The endless scroll. The curated feeds. The silent algorithms. Is it just me, or does it feel like we’ve really lost something meaningful in the social media environment? We, the consumers, the people, have all become the product. DeSoc claims to be different. It promises to be the antidote.Is Attention...
DeSoc is quickly becoming a potential game-changer in the world of social media and decentralized finance (DeFi). DeSoc combines blockchain technology and social media in innovative new ways. Together, these two forces combine to make a uniquely decentralized ecosystem that empowers users and content creators alike. The platform’s ongoing presale...
In the fast-paced, ever-evolving world of cryptocurrency, new projects are launching every day, all of which are competing for attention and investment. Among the flashiest new trilians is DeSoc, an altcoin bent on remaking social media with a decentralized blockchain. Meme coins such as Dogecoin (DOGE) and blue-chip ecosystems like...
Are we truly on the verge of something significant in the crypto space, or one more advancement past the hype cycle? Just look at Solana (SOL) and Dogecoin (DOGE), which have blown up in recent weeks, thanks in large part to meme coin mania. But meme coins are fleeting. They’re...
Imagine a world where financial freedom isn't just for the elite, where access to innovative technologies isn't gatekept by Wall Street giants. That world is becoming a reality one step at a time with projects such as BankSocial’s integration of XRP. Take a pass on the old, worn-out central vs...
Ripple’s XRP has been making headlines as a strong contender in the financial sector, especially with cross-border payment solutions. Why are banks deploying such systems in less than three weeks? This lightning speed of execution speaks to the effectiveness and power of XRP. Credit union consumers can now purchase and...
I've been watching the BankSocial/XRP integration with a wary eye, and frankly, I'm not entirely convinced it's the dawn of a new financial era. While the headlines scream "innovation" and "accessibility," I see a potential Trojan horse, sneaking in risks that could outweigh the rewards, especially for the average credit...
BankSocial has recently added XRP into its banking application for credit union members. This action takes a critical look at the digital asset’s incorporation into global finance. The integration means that users can purchase and cash out XRP directly in their current banking application.We launched the integration in mid-July 2025...