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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...
Trending Crypto Presale eTukTuk Presale Passes $550,000 – Best Web3 Coin To Buy Now?
25.1.2024
eTukTuk’s crypto presale has reached over half a million dollars, supporting a transition to electric vehicles in developing countries. Image by Kerem Goktug Kaya, DALL-E 3. The alarming rise of greenhouse gas emissions is showing no signs of slowing down, fueling the ongoing climate crisis...
Swan Bitcoin Unveils Stealth Mining Operations, Eyes 8 EH/s Goal by 2024 Amid Industry Expansion
25.1.2024
The Los Angeles-based firm Swan Bitcoin recently revealed its covert bitcoin mining operations, initiated in the summer of 2023. The company shared on Thursday its anticipation of achieving 8 exahash per second (EH/s) by March 2024. Up to this point, Swan’s mining subsidiary has successfully...
A Modder Has Created The Worst Way To Play Super Mario Kart
25.1.2024
Have you ever wondered what it would be like to play a Mario Kart game using static camera angles? Probably not, as that sounds awful. But if you are curious, a modder has created a devious ROMhack that will let you satisfy your morbid curiosity. Read more
Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights
25.1.2024
Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token’s trading value fluctuated between $0.979 and $0.981. Concurrently, the Aave-developed stablecoin GHO has seen...
3 Cryptos Under the Radar: Potential Breakout Stars in 2024’s Market
25.1.2024
Under-the-radar cryptos like Celestia, Manta, and Sponge V2 are positioned for major growth in 2024 due to their unique capabilities. Image by AMERO MEDIA, Adobe Stock. The cryptocurrency market has seen monumental growth over the past year, with the total market capitalization more than doubling...
SEC Chair Gensler Tempers Enthusiasm Over Ethereum ETF Applications
25.1.2024
Securities and Exchange Commission Chair Gary Gensler has downplayed the possibility of Ethereum ETF applications being approved in the near future. In a media briefing on January 24th, Gensler clarified that the recent approval Bitcoin ETFs by the agency was exclusive to Bitcoin. This...
Is It Too Late to Buy Manta? MANTA Price Blasts Up as Meme Coin Traders Shift Funds to This New Coin
25.1.2024
Promising layer-2 zkEVM Manta Network has seen its native token MANTA blast up in a dramatic rally. Given the rise, many are now asking whether it’s too late to buy Manta? The substantial price move has seen MANTA price hammer-up to a new all-time high, fresh off the back of an impressive...
Charles Hoskinson Predicts 2024 Will Be the Biggest Year of Growth for Cardano
25.1.2024
Cardano’s co-founder Charles Hoskinson has projected 2024 as the biggest year for massive growth in the network’s ecosystem. In a recent broadcast released for the community, Hoskinson noted that it will be a year for growth while highlighting development roadmaps, integrations and strategies to...
Bitcoin Mining Rig Manufacturer Canaan Raises $50 Million Through Preferred Shares Sale
25.1.2024
In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Canaan, a publicly traded manufacturer of bitcoin mining rigs, announced it has secured $50 million through the sale of preferred shares. This follows a successful acquisition of $25 million in a similar preferred share...
Ozys’ Former Chief Security Officer Allegedly Weakened Security of Network Weeks Before $81.5M Hack
25.1.2024
Source: Pixabay South Korean blockchain network Ozys has made a damning revelation in the aftermath of its January 1, 2024 platform hack. In a January 25 Medium blog post, Ozys CEO Jinhan Choi clarified that the breach was not a result of overlooked security measures on their part. Rather, it was...
Crypto Firm XBTO Loses Headline Sponsorship Deal with Messi’s Inter Miami CF
25.1.2024
XBTO has officially lost its place as Inter Miami FC’s headline sponsor, with cruise liner Royal Caribbean taking the crypto firm’s place. “A significant moment in authentic partnership” Royal Caribbean confirmed the news in a press release this week, stating that the company will “make its mark...
EchoLink Launchpad on LBank Ends With Over 130M USDT in Investment, $ECHO Set for Listing
25.1.2024
PRESS RELEASE. Following the triumph of its third Launchpad initiative with ACGN Protocol, LBank has accomplished yet another milestone by concluding its fourth Launchpad event featuring EchoLink. This innovative project marks a significant breakthrough in Decentralized Physical Infrastructure...
Bitcoin ATM Vulnerability Fixed: Hackers Could Have Gained ‘Full Control’
25.1.2024
Bitcoin ATM maker Lamassu Industries has successfully addressed a vulnerability that could have granted hackers “full control” over its Bitcoin ATM machines. The flaw came to light when a team of ethical hackers from security firm IOActive attempted to compromise Lamassu’s Bitcoin...
Gudar Casino: Best Nordic Online Crypto Casino (Join Now)
25.1.2024
Gudar Casino is a unique and amazing place that has been carefully designed to create a seamless gaming experience. Gudar Casino is a 100% themed casino where their games revolve in a galactic environment that is part of this world. … Continued
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Bitcoin Spot ETFs Witness Highest Single-Day Outflows as GBTC Continues to Bleed
25.1.2024
Bitcoin spot ETFs have experienced a significant net outflow of $159 million, marking the largest single-day total net outflow since their launch. Data from analytics platform Alpha shows that out of all the spot Bitcoin ETFs, Grayscale ETF (GBTC) has seen the most substantial net outflows, with...
Grayscale’s GBTC Offloads $527M in Bitcoin as Spot ETFs Record Lower Trading Volumes; Other Funds Continue BTC Accumulation
25.1.2024
Based on the latest data, the recently introduced spot bitcoin exchange-traded funds (ETFs) experienced their lowest trading volume day since Jan. 11, 2024, recording roughly $1.28 billion in volume on Wednesday. Additionally, figures indicate that Grayscale’s Bitcoin Trust GBTC...
Binance’s Zhao Faces US Travel Constraints, UAE Return Postponed
25.1.2024
Binance founder Changpeng “CZ” Zhao’s request to travel from the US to the United Arab Emirates (UAE) for personal reasons has been denied by a US federal judge, a recent court filing has revealed. The request, filed on January 23 and related to the “hospitalization...