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Is Sui About to Crash? SUI Price Drops 9% as Traders Pile into a New Bitcoin Protocol – What Does it Do?
26.1.2024
Sui Network has undertaken a dramatic -9% drop amid worsening performance, yet, could SUI price analysis reveal an upcoming push to the upside? The downside movement after a bounce-off of the 20DMA on January 23 was fuelled by an announcement from Alibaba cloud that they were increasing support...
New Era of NFTs With RARI Chain Royalty Payments – Top NFT News Today – 26 January
26.1.2024
Over the past 24 hours, the non-fungible tokens (NFT) market has been largely unchanged, aside from NFT news about Pudgy Penguins, RARI chain and Magic Eden. The sales volume is up 3.5%, currently at $31,574,164. Buyers, sellers, and transactions are each down around 1%, per CryptoSlam. Among...
As Leia Meme Coin Pumps Up 20,000%, This Viral Coin is About to List on Exchanges
26.1.2024
In the latest Solana meme coin pump, Leia token has shot-up +20,000%. Here’s the most up to date LEIA price analysis as well as a look into the next coin that may be about to explode. Indeed, this LEIA price pump comes as recent months have seen a huge trend in explosive DEX-traded token moves...
Core DAO Launches $5 Million ‘Innovation Fund’ to Support Africa-Based Web3 Developers
26.1.2024
Core DAO, the foundation supporting Core Chain protocol, said on Jan. 24 that it has launched a fund to “provide resources and networks to support African Web3 builders.” Brendan Sedo said since much of Core DAO’s community is in Africa, it therefore made sense to launch a fund that...
U.S. Government to Auction $117 Million in Confiscated Bitcoin from Silk Road Case
26.1.2024
The U.S. government has filed a notice revealing its plans to auction approximately $117 million worth of Bitcoin (BTC) that was seized during a dark web drug bust. In a notice dated January 8, the government said it aims to auction nearly 2,875 BTC seized from Ryan Farace and Sean Bridges in 2021...
Cerra.io continues to pioneer the evolving landscape of Decentralized Passive Income on Cardano
26.1.2024
Since the launch of their decentralized application just a month ago, the momentum has not wavered. The team has forged new partnerships, introduced additional products, enhanced user experience, and is in progress of conducting a thorough smart contract audit. The Cerra.io team is on an unwavering...
Armored Truck Giant Brink’s Partners With Bitgo
26.1.2024
Brink’s, the company famous for its armored cash trucks, has invested in Bitgo. This partnership paves the way for Brink’s and Bitgo to rapidly evolve in the digital asset industry. Brink’s Dives Deeper Into Digital Assets With Strategic Bitgo Investment Brink’s, the famous...
3 cheap Ethereum Alternatives primed for quick 15x profits
26.1.2024
Investors and enthusiasts are perpetually seeking alternatives that not only bring unique features to the table but also promise substantial profits. Ethereum, as a frontrunner in the blockchain space, has paved the way for the emergence of innovative projects aiming to provide viable alternatives....
Sygnum Bank Surpasses $40 Million in Strategic Funding Round
26.1.2024
Sygnum Bank has outperformed its funding expectations in a strategic growth round. The company’s focus now shifts to global expansion and further development of its regulated digital asset products. Sygnum Surges Past Funding Goals, Reaching $900 Million Valuation in Latest Round Digital...
Swan Bitcoin Expands into Mining, Plans Public Listing
26.1.2024
Swan Bitcoin, a firm specializing in Bitcoin-focused financial services, has recently launched its bitcoin mining unit named Swan Mining. According to Swan Bitcoin’s recent announcement, the “stealth mode” Swan Mining began operating in Summer 2023 and has already mined 750 Bitcoins to date....
Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria
26.1.2024
The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023 and a subsequent probe by the Bulgarian Prosecutor General’s Office. Nexo alleges that these actions harmed its business prospects....
Polygon Labs and Warner Music Group Accelerate Web3 Evolution in Music
26.1.2024
In collaboration with Warner Music Group (WMG), Polygon Labs has unveiled the two grant recipients for the inaugural Web3 Music Accelerator program. The initiative, announced in June 2023, aims to foster innovation at the intersection of Web3 and the music industry. The Web3 Music Accelerator...
UK Supreme Court Refuses Self-Proclaimed Bitcoin Inventor Craig Wright Appeal: Report
26.1.2024
The UK’s Supreme Court has denied self-proclaimed Bitcoin inventor Craig Wright permission to appeal a ruling in his case against podcaster Peter McCormack, according to a report by CoinDesk. Wright, who claims to be Bitcoin inventor Satoshi Nakamoto was only entitled to £1 in compensation for...
Former Bitmex Chief Expects Bitcoin to Bottom Out Between $30,000 and $35,000
26.1.2024
Former Bitmex CEO Arthur Hayes has predicted that bitcoin will find a support level between $30,000 and $35,000. He contends that the ongoing bitcoin selloff is not due to outflows from Grayscale’s bitcoin trust (GBTC). “That argument is bogus,” he claimed, adding that...
Tesla Maintains Bitcoin Holdings — $184M in Digital Assets Shown on Balance Sheet
26.1.2024
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s balance sheet for Q4 2023 shows net digital assets of $184 million. Musk is convinced that in the long term, Tesla will be the most valuable company on earth. The billionaire recently disclosed...
Swiss Regulator Grants Approval Enabling Retail Users to Trade Tokenized Securities and Digital Assets
26.1.2024
The Swiss financial markets regulator has granted the digital asset infrastructure firm Taurus the approval which allows its retail users to “create an account and trade digital assets and tokenized securities.” Besides receiving the FINMA approval, Taurus said it will be admitting...
Avalanche Announces Eligibility Criteria for Meme Coin Purchasing Program
25.1.2024
The Avalanche Foundation, a non-profit organization seeking to support the avalanche ecosystem, has announced the rules covering its already active meme coin purchasing program. The institution has defined the holder count, concentration, liquidity, liquidity providers, lifespan, and market...
Avalanche Foundation Embraces Meme Coin Culture With $100 Million Fund (edited)
25.1.2024
The Avalanche Foundation has created a $100 million meme coin fund to promote culture and engagement within the Avalanche ecosystem. Image by AdriaVidal, Adobe Stock. On January 23, the nonprofit organization behind the Avalanche blockchain network announced a $100 million fund to support meme...
SBF-Connected Billionaire Joe Lewis Pleads Guilty to Insider Trading Charges
25.1.2024
Billionaire Joe Lewis, who has connections to FTX founder Sam Bankman-Fried, pleaded guilty to insider trading charges in Manhattan federal court on Wednesday. Lewis is facing extensive prison time Lewis pleaded guilty to one count of conspiracy to commit securities fraud and two counts...
Crypto Lender Abra to Return Assets to Texas Investors
25.1.2024
Following regulatory scrutiny, crypto lender Abra has agreed to a settlement. The settlement, which focuses on Abra’s alleged unregistered securities offerings, will see the company returning assets to Texan investors. Abra Agrees to Refund Texas Investors in Settlement Over Crypto Offerings...