Peer-to-peer file storage network Filecoin (FIL) is collaborating with smart contract platform Solana (SOL) for decentralized blockchain storage solutions. In a new thread on the social media platform X, the team behind Filecoin says that integrating with Solana will greatly enhance the Ethereum (ETH) rival’s capabilities as well as advance the concept of decentralized storage. […]
A Florida school teacher says JPMorgan Chase turned a blind eye when the valuables inside her safety deposit box disappeared and then appeared on television in an auction. Jenny Morsch says she went to open her Chase bank deposit box in Orlando, but for some reason, the key wouldn’t fit inside the lock, Inside Edition […]
Bitcoin ETFs experienced a significant influx of funds, adding over 13,460 BTC in a single day
South Korea has witnessed a surge in crypto trading, particularly following a market recovery. Correspondingly, authorities in the country received almost 49% more alerts of potentially suspicious transactions from crypto service providers in 2023 compared to the previous year. A paper from the Financial Intelligence Unit (FIU) revealed that South Korea logged 16,076 instances of […]
A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs) as their primary asset. Fed Governor on Crypto, CBDC, and the U.S. Dollar Federal Reserve Governor […]
A stablecoin is a cryptocurrency with extremely low volatility. Its value is pegged to a real-world asset such as fiat currency or gold. Among the …
Web3 and non-fungible token (NFT) development company Yuga Labs has acquired NFT collective PROOF and its assets, according to a new announcement. Yuga Labs, the creator of some of the biggest NFT collections like Bored Ape Yacht Club (BAYC) and TwelveFold, says the acquisition is part of its goal of being “the front door of […]
As volatility flows into the lower-cap altcoins, VeChain’s price exploded by 100% weekly and rallied hard to a new multi-month high after two years of trading in a bearish zone. It signals bullish and looks ready for a bull run. After marking resistance near the $0.039 level during the late 2023 mini-bullish cycle, VET initiated […]
Filecoin (FIL) continues to enjoy investors’ interest following a 10.28% gain in the last day, according to data from CoinMarketCap. The altcoin has recently been the center of attention following a gradual price rise in the past week culminating in a 15.34% price gain. Interestingly, the spike in FIL’s price over the 24 hours appears […]
XRP on verge of substantial price move, but bulls will have to help it a bit more
Stacks, a Bitcoin Layer 2 solution, had major growth over the last year with a 3,386% quarterly and 3,028% annual increase in its revenue, reaching $637,000. The market capitalization of Stack’s native cryptocurrency, STX, experienced a significant surge of 203% quarterly and an impressive 598% year-over-year, reaching a milestone of $2 billion. Stacks Q4 Report […]
Nigeria stands to benefit from the global cryptocurrency assets valued at $1.2trillion, experts have said. Speaking at stakeholders' conference …
Vella Finance, a Nigerian fintech startup, was recently bought by the microfinance bank Carbon. The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses. New Business to Leverage Artificial Intelligence The Nigerian microfinance bank, Carbon, has reportedly acquired the fintech firm Vella Finance for an undisclosed amount. […]
Chainlink (LINK), the oracle network powering smart contracts across the crypto landscape, is making waves with a recent surge in whale activity. Data reveals $216 million worth of LINK tokens withdrawn from the Binance exchange by a staggering 83 separate wallets, sending the token price on a parabolic trajectory. Whales On A Feeding Frenzy On-chain […]
Since the price broke out of an accumulation face two earlier this month, Chainlink LINK has been struggling to increase but has managed to reach a significant milestone for the first time in two years. It currently appears calm on the daily. The recent monthly break out of an accumulation phase came with a notable […]
CryptoQuant CEO Ki Young Ju says road to BTC price cycle top is still very long based on dormant coins valuation
Tens of thousands of Bank of America customers are now at risk of being targeted for identity fraud after a massive security failure exposed their critical personal information. A data breach notification filed in Maine says 57,028 customers at Bank of America were exposed due to a failure at Infosys McCamish Systems (IMS), an insurance […]
A Circle executive told Congress this week that she hopes the U.S. Treasury Department considers taking action against Tether. Caroline Hill, senior director of global policy and regulatory strategy at Circle, testified before the House Subcommittee on Digital Assets, Financial Technology, and Inclusion on Thursday. Circle issues USDC, the second-largest stablecoin by market cap. Representative […]
The Hedera Council announced a new partnership with food giant Mondelēz International, the company behind popular brands such as Toblerone, Cadbury, and Oreo. As the governance body for the Hedera public network, the council will assist Mondelēz in developing distributed ledger technology solutions for internal use. Currently, the Hedera network is governed by a wide […]
Hawaii opens its doors to cryptocurrency. By MICHAEL BRESTOVANSKY Hawaii Tribune-Herald | Sunday, February 18, 2024, 12:05 a.m..
Over the past week, the Bitcoin price put in one of its finest performances since the start of 2024, breaking above $50,000 for the first time since 2021. While the premier cryptocurrency has been moving mostly sideways in the past few days, it continues to hold its own above the $51,000 mark. However, a popular […]
PRESS RELEASE. LBank Labs, a key player in the Web3 space, managing a $100 million fund that transcends specific protocols and exchanges, has joined the group of investors in Hivello, which simplifies DePin nodes for the masses. Hivello aggregates multiple DePin nodes into a single Web 2 console, allowing anyone to install it to earn […]
An elderly couple in Chicago says thousands of dollars was abruptly stolen from their U.S. Bank account – and that was just the beginning of a banking nightmare. It started when the Zaragosas, who have been married 70 years, sent a $62 check in the mail to Nicor Gas to pay their bill, CBS Chicago […]
Bitcoin is poised to chart new territory following the success of recently approved exchange-traded funds (ETFs), and the price of BTC could eclipse $80,000 this year, says Bitwise Chief Investment Officer Matt Hougan. The early success of the Bitcoin ETFs has shattered records among similar products, sparking a continuous flow of funds into Bitcoin since […]
Cardano’s ADA bounce is becoming stronger following a daily increase since the start of the month. Although it has cooled off buying pressure a bit after facing a key resistance. But a bigger move lies ahead. Following last month’s recovery, which temporarily stopped at $0.54, ADA pulled back into this month and later found support […]
SingularityNET (AGIX), Cardano-native AI cryptocurrency, outperformed all major competitors in AI coin segment
… cryptocurrency priced enticingly at $0.01. This shift underscores a growing interest in Pandoshi's unique proposition in the cryptocurrency domain …
On-chain data from Glassnode shows that the Bitcoin short-term holders have recently participated in a massive $647 million profit-taking event. Bitcoin Short-Term Holders Have Realized Large Net Profits Recently According to data from the on-chain analytics firm Glassnode, the short-term holders have given a strong reaction to the $52,000 break. The “short-term holders” (STHs) here […]
Bitcoin’s start of 2024 has been quite impressive not only in price movements but also in terms of global adoption following the approvals of nearly a dozen spot BTC ETFs in the US. With the fourth halving scheduled to take place in about two months, the primary cryptocurrency is expected to have a highly positive […]
Two artificial intelligence (AI)-focused altcoins are surging as AI research firm OpenAI rolls out its new text-to-video project. In a new thread, tech giant OpenAI announces the launch of Sora, a new model that can generate detailed high-definition videos based on text prompts. “Introducing Sora, our text-to-video model. Sora can create videos of up to […]
Binance has announced a competition through its crypto derivatives arm, Binance Futures, offering participants the chance to win a Tesla Model Y. According to the crypto exchange, the contest will unfold over four weekly challenges spanning from Feb. 18 to Mar. 17, 2024. Binance Futures Unveils Tesla Model Y Challenge and Daily Crypto Rewards Beginning […]
SHIB price touched highs of $0.00001005 before facing rejection