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Ripple Unveils Brazil Fund for Supporting Local XRP Ledger Projects


Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil was the first country where this strategy would...

Craig Wright Lied To Court: UK Judge Reveals


An Australian computer scientist named Craig Wright, who has frequently claimed to be the anonymous creator of Bitcoin, Satoshi Nakamoto, was found not guilty by a UK High Court judge on May 20. The post Craig Wright Lied To Court: UK Judge Reveals appeared first on Cryptonews

Best Crypto to Buy Now May 20 – Fantom, Injective, Sui


As cryptocurrency markets push higher on Monday, with Bitcoin (BTC) surpassing $68,000 as traders look ahead of this week’s Fed meeting minutes release, Nvidia earnings and the SEC’s decision on spot Ethereum ETFs, investors are hunting for the best crypto to buy now that might hand them quick...

62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize


According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising...

Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue


BitFuFu's total revenue skyrocketed 149% year-over-year to $144.4 million, beyond expectations. Profit figures were even more massive as its net income exploded more than 12-fold to $35.3 million.  The post Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue appeared first on Cryptonews

The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets


This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights: Double-Digit Gains and Losses Across the Board As...

Dormant Bitcoin Wallet Transfers 114 BTC Worth $7.6M After 11 Years


With bitcoin’s price up 6.8% from last week, a dormant bitcoin address from 2013 became active for the first time in over 11 years, transferring 114.42 bitcoins valued at $7.67 million. Sleeping Bitcoin Wallet Awakens After 11 Years, Moves 114 Bitcoins April and May have seen fewer...

Bonk Up 20% in a Week as New Solana Meme Coin SEAL Nears $2M


Meme coins are back in the spotlight again, and Bonk (BONK) is leading the charge. The Solana-based token has rallied 20% in the past week and is now trading around the $0.0000257 level. Alongside BONK, presale project Sealana (SEAL) is also seeing growth – nearing the $2 million milestone...

Mobs of Bonk Inu Token Traders Now Buying Mollars ICO


Large mobs of Bonk Inu (BONK) token traders appear to be migrating into the ICO for Ethereum-Blockchain’s new store-of-value asset; A rival token for Bitcoin. The post Mobs of Bonk Inu Token Traders Now Buying Mollars ICO appeared first on Cryptonews

Renewable electricity is more optimal than Paraguay’s anti-mining bill


The Paraguayan legislature is urgently pushing a bill that, if passed, could mean up to a decade behind bars for illegal Bitcoin miners due to the large amount of electricity pilferage jeopardizing the state-backed National Electricity Administration.  The proposed legislation enables Paraguayan...

Bitcoin leads despite a 9% NFT weekly sales dip of $145M


The previous week’s sales figure for NFTs was $145 million, indicating a 9% decline compared to the previous week’s figure. In terms of the volume of sales for four prime blockchains, this has been going on for a while now. As for online collections, the sales figures declined by over...

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