Solana Price Prediction Following Recent Rally – What Do Market Indicators Suggest?
12.2.2024
The Solana price has declined by 4.5% in the past 24 hours, retracing its steps back to $104.89 after a strong weekend for the altcoin and wider crypto market. SOL has now risen by 8% in a week and by 12.5% in the last 30 days, with the coin also sitting on a very impressive […]
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Scorpion Casino (SCORP): $100K Paid Out – Why Holders Are Smiling with Passive Income
12.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino’s SCORP token stands out as a beacon of innovation. With a groundbreaking reward system, SCORP has already distributed $100K in passive income to its holders, marking...
Sam Bankman-Fried awaits prison while FTX clients wait full repayment
12.2.2024
FTX could be on a path of course correction. Per the recent update, the company is expected to make refunds in full to eligible customers. Meanwhile, Sam Bankman-Fried is about to spend most of his life in prison. His hearing in Brooklyn is scheduled to happen on March 28, 2024. Representatives...
Ethereum Validator Queue Reaches Highest Level Since October Amid Renewed Interest in Staking
12.2.2024
The Ethereum network is experiencing a surge in the number of validators seeking to stake their Ethereum (ETH). According to data source ValidatorQueue, the validator entry queue currently stands at 7,045, representing over 225,000 Ether (equivalent to $562 million), its highest level since October...
Ethereum NFT volume inching closer to a new annual peak
12.2.2024
This past week, Ethereum witnessed the biggest volume of NFT trades since late February of last year. Pudgy Penguins’ restoration of the Bored Ape Yacht Club is what caused the increase in NFT trading on Ethereum. This NFT assortment ranks second, according to the organization, with regard...
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia
12.2.2024
Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
12.2.2024
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish signal for Bitcoin (BTC),...
Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
12.2.2024
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of economic turbulence...
How can accepting Bitcoin cash transform your business?
12.2.2024
Bitcoin Cash ( BCH) is an electronic cash peer-to-peer system born due to a hard fork from Bitcoin in 2017. It intends to provide fast, inexpensive transactions focusing on scalability and openness. Given that they have bigger block sizes than Bitcoin, BCH enables quicker and cheaper transactions...
London-Based Wine Platform Curated Ventures into the Metaverse
12.2.2024
Curated, a UK-based wine platform, has launched a new metaverse experience for its community members allowing them to fully immerse themselves in the provenance of wine. In a press release, Curated said it using the latest technology to develop a metaverse tailored for passionate wine collectors...
South Korea Plans to Block Unlicensed Crypto Exchanges
12.2.2024
South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspicious transactions. This would rapidly prevent the concealment of illicit funds during all stages of the investigation...
PlayDapp Suffers Security Breach with $32 Million PLA Token Exploited
12.2.2024
The web3 gaming platform PlayDapp has suffered a major security breach, resulting in the unauthorized issue of 200 million PLA tokens. The blockchain security and analytics firm PeckShield Inc. spotted the breach on Feb. 10 and alerted PlayDapp about the exploit in a social media post. Security...