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Plasma and Binance Launches $250M USDT Yield Program with XPL Token Airdrop

Stablecoin-focused blockchain startup Plasma's new on-chain yield program with crypto exchange Binance attracted $250 million in deposits on Wednesday, reaching the facility's limit in less than an hour.Crypto investors flocked to the offering to get their hands on the hyped-up chain's native token XPL being offered as rewards.The offering, called

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Crypto Market correction driven by investor ‘fear spikes’ ahead of Powell speech

Cryptocurrency investors are bracing for the US Federal Reserve’s annual gathering in Jackson Hole on Friday, where Chair Jerome Powell’s remarks may provide key signals on interest rate policy heading into September’s Federal Open Market Committee meeting.Bitcoin (BTC) briefly fell to $112,565 on Wednesday, a two-week low last seen on

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