Following a notable breach that targeted Chris Larsen, a co-founder of Ripple (XRP), the cryptocurrency market experienced divergent changes. To improve cross-chain transactions, Polygon (MATIC) presents AggLayer, while Ripple (XRP) handles security issues. Kelexo (KLXO) commands attention in this dynamic, thanks to its decentralized lending platform. Offering a Web3 paradigm for quick transactions and a […]
National budget receives 93.7 million soms in cryptocurrency mining taxes in 2023. AKIPRESS.COM – The revenues of the national budget from …
Having solidified his political legacy by effectively addressing the issue of gang violence in El Salvador, Nayib Bukele has not only secured an extraordinary second presidential mandate but has also propelled his New Idea Party to a resounding victory in the legislative realm. Bukele’s historic triumph in the presidential race saw him clinch an impressive […]
Self-styled Bitcoin creator Craig Wright appeared in court on Monday to face well-funded prosecutors seeking to prove that the computer scientist is not, in fact, Satoshi Nakamoto. The legal battle is widely expected to bring an end to recurring lawsuits launched by Wright against the crypto community, which has largely met his proclamations with skepticism […]
Cardano founder highlights particular Bitcoin narrative that has played out three times in more than 10 years
The crypto exchange created by the founders of the now-defunct hedge fund Three Arrows Capital (3AC) is closing down just a year after its launch. In an email shared by users on the social media platform X, Open Exchange (OPNX) says it will officially cease operations and shut down in February. OPNX says users should […]
Key points of the news Altcoins Stand Out: Altcoins lead an increase in capitalizations, moving away from Bitcoin. Chainlink (LINK) on the Rise: LINK rises 3.8% in 24 hours and a notable 30% weekly, reaching $19.24. Institutional Accumulation: Withdrawal of 119,583 LINK (equivalent to $2.15 million) from Binance indicates institutional confidence in Chainlink’s long-term potential. […]
Ronin (RON) surged nearly 100% in the past week before falling back to earth following its much anticipated listing on Binance. The crypto community were quick to question Binance’s role in the drop after past instances of information leaks and insider trading. The exchange’s co-founder, Yi He, denied an internal cause for Ronin’s drop, instead […]
Decentralized oracle network Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% price increase over the past 30 days. Surging to a 24-month high, the cryptocurrency has inched closer to the $20 mark, attracting the attention of bullish investors. Notably, the uptrend for LINK may be […]
A 74-year-old Hanover Township, Lehigh County, man fell victim to a cryptocurrency scam that bilked him out of $53,000, state police said.
Cardano (ADA) is a key player in blockchain technology advancement, but Option2Trade (O2T) is a pioneering trading platform offering better opportunities for investors and traders through diversified asset classes, liquidity incentives, Web3 leverage, and innovative O2T token use. The Revolutionary Appeal of Option2Trade (O2T) Diversified Asset Classes: One of the standout features of Option2Trade (O2T) […]
Investment products for digital assets received significant influxes of $708 million last week, contributing to year-to-date inflows of $1.6 billion and increasing the total global assets under management to $53 billion. However, trading volumes in ETPs dropped to $8.2 billion from the previous week’s total of $10.6 billion, though they still surpass the 2023 weekly […]
Shiba Inu saw enormous burn rate surge, which could become necessary boost for price
The drop in the price of Bitcoin at the beginning of the year led to a publicly listed miner, Argo Blockchain (NASDAQ: ARBK), reporting a reduction in cryptocurrency mining. Specifically, the company mined 124 Bitcoin in January, a decrease of 20% from December 2023. Argo Reports Lowe Bitcoin Mining Production and Revenue in January 2024 […]
Binance, the largest digital asset exchange in the world, is about to list a hot gaming-focused crypto project. In a new announcement, Binance says that the platform will support Ethereum (ETH)-based Ronin (RON) for trading beginning Tuesday following the token soaring by more than 100% in a month. Once launched for open trading, Binance says […]
GoDaddy, a world leader in web hosting and registration, is announcing a partnership with Ethereum Name Service (ENS), a domain naming service built on top of Ethereum (ETH). According to a new press release, users of GoDaddy domains can now link their domains to ENS without any additional costs or technical knowledge. As stated by […]
Over the weekend, the LUNC price saw some of the most bullish price action that sent its price soaring over 20%. This rally eventually brought the price above $0.0001 after struggling around $0.00009 for the last two weeks. However, the tides seem to be completely changing for the altcoin, as one analyst expects the rally […]
TL;DR Ethereum (ETH) experiences a massive withdrawal of 488,000 ETH, valued at $1.1 billion, from exchanges in the last month. Ethereum balances on exchanges fall from 17 to 12 million ETH in the last year, indicating possible accumulation. Ethereum turns deflationary with staking withdrawals, strengthening its position and suggesting increased demand. In recent days, Ethereum […]
Australian computer scientist, Craig Wright, claims to be Satoshi Nakamoto. This claim has been challenged by the Crypto Patent Alliance in the UK High Court in an attempt to prevent Wright from creating more blockchain patents. Wright has been accused of a “dishonest claim” that involved elaborate “forgery”, including using ChatGPT-generated documents. Satoshi Nakamoto is […]
A Goldman Sachs executive has stated that tokenisation, facilitated by blockchain technology, is getting the attention of the financial services sector. Major financial players like Goldman Sachs, JPMorgan, and BlackRock are leading the institutional movement to enhance efficiency and accessibility in financial markets with the help of crypto. Meanwhile, the Federal Reserve Chair expressed concerns […]
Stay updated on the latest in the cryptocurrency market with Chainlink's impressive surge, Ethereum's stagnant phase, and Bitcoin's quest for a …
South Korea’s Financial Supervisory Service (FSS) is seeking guidance from the United States Securities and Exchange Commission (SEC) on spot Bitcoin exchange-traded funds (ETF). FSS Chief’s 2024 Plans: Spotlight on New York and Bitcoin ETFs The Governor of FSS, Lee Bok-Hyun, outlined plans for 2024, including visits to major financial markets like New York in […]
Stablecoin issuer Tether’s USDT is closing in on a $100 billion market cap after the firm saw record-breaking profits last quarter. According to Tether’s last earnings report, the company made $2.85 billion in profits during the fourth quarter of 2023, the highest the firm has ever seen, which was largely driven by interest payments from […]
ARK Invest CEO Cathie Wood says Bitcoin (BTC) is effectively substituting gold as a store of value asset. In a new YouTube update, Wood says that she believes the crypto king is acting more as a risk-off asset and a “flight to quality” during times of economic uncertainty. “Last year, during the regional bank crisis […]
Floki (FLOKI) received an allegation lately which led the cryptocurrency to ban Hong Kong citizens from accessing the platform, subsequently leading to a slight decline in its price. Similarly, Bonk (BONK) is also experiencing a downward trend, losing momentum over the past 30 days. However, amidst these challenges faced by Floki and Bonk, Meme Moguls […]
Speculation about the South Korean government rethinking its hostile stance on spot Bitcoin exchange-traded funds (ETFs) may be true, as the country’s financial regulator has officially indicated interest in the products. A report from local media outlet Hankyung has revealed that the Financial Supervisory Service (FSS) of South Korea intends to meet with the United States Securities […]
Market is in dangerous state after risk-off tendencies occur
After Chainlink’s impressive run of more than 34% over the past week, LINK has dethroned Dogecoin (DOGE) from the top 10 crypto by market cap list. Chainlink Has Pulled Away From The Crowd With A Sharp Surge Recently While most cryptocurrency sectors have observed minimal movement recently, Chainlink has emerged as an outlier, enjoying a […]
In the rapidly evolving cryptocurrency market, Pandoshi (PAMBO) emerges as a formidable contender, especially appealing to those seeking impactful …
Insiders of a Solana (SOL)-based memecoin reportedly made seven-figure profits off a mere $3,694 investment, according to on-chain data. First reported by blockchain tracking firm Lookonchain, 12 newly created wallets sold off dogwifhat (WIF) on the Ethereum network through the decentralized exchange Uniswap (UNI), making astronomical profits on their principal. “12 fresh wallets (insiders) made […]
TL;DR ENS and GoDaddy join forces to link traditional web domains with blockchain-based names. The collaboration simplifies the association of domain names with complex Ethereum addresses, benefiting over 20 million GoDaddy users with no additional costs or technical expertise required. The integration between Ethereum Name Service and GoDaddy is poised to be a key catalyst […]
This past weekend saw mixed trading results for major cryptocurrencies like Bitcoin and Ethereum. Flare (FLR) stood out with significant increases in value, partly driven by the news of tech giant Google joining as a validator and contributing to Flare’s platform. Ronin (RON) experienced notable gains in its value over the past week, attributed to […]