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Solana Competitor Priced at Just $0.008 Debuts DeFi Wallet During Presale Period
25.1.2024
As the decentralized finance (DeFi) space continues to evolve, a new contender has emerged to challenge established platforms like Solana (SOL). Pandoshi (PAMBO), priced at just $0.008 per token, has made a striking debut with the launch of its Pandoshi Wallet amidst its ongoing presale phase. This...
Palworld Has Sold An Astonishing Number Of Copies In Five Days
24.1.2024
Everyone’s talking about Palworld, developer Pocketpair’s open-world survival creature-collector that came out in early access on January 18. From the AI allegations to the Pokémon comparisons, this game has become 2024’s first gaming phenomenon. And now, we have some eye-popping data to back that...
North Korea Hackers’ Illicit Gains Dwindled in 2023 Despite More Attacks – Chainalysis
24.1.2024
Source: AdobeStock Blockchain analytics and security firm Chainalysis has reported a decrease in cryptocurrency theft in 2023. Sharing its insights in a blog post, the firm disclosed that the crypto market witnessed a collective loss of $1.7 billion. This marks a significant 54.3% reduction from...
New Cryptocurrency eTuktuk (TUK) Raises $500k In ICO – Best Eco Friendly Crypto To Invest In
24.1.2024
eTuktuk’s presale funding success highlights investor interest in eco friendly crypto projects with strong real-world utility. Image by Kerem Goktug Kaya, DALL-E 3. A new eco-friendly crypto project focused on environmentally sustainable transportation has raised over $500,000 so far in...
GBTC Sees Over 80,000 Bitcoin Leave in 12 Days While Rival ETFs Amass 118,000 BTC
24.1.2024
Statistics reveal that Grayscale’s Bitcoin Trust (GBTC) has offloaded a further quantity of bitcoin, with the fund’s holdings decreasing from Tuesday’s 552,681.22 bitcoin to Wednesday’s total of 536,694.93 bitcoin. Over the last day, the fund experienced an outflow...
Hashkey Capital and FTSE Russell Launch Trio of Indices to Track Diverse Crypto Assets
24.1.2024
Digital asset investment company Hashkey Capital has collaborated with the London Stock Exchange Group (LSEG) subsidiary FTSE Russell to unveil three indices for tracking cryptocurrencies. These indices enable investors and traders to keep an eye on a diverse collection of assets spanning different...
Polygon (MATIC) Competitor Pandoshi (PAMBO) Raises $2 Million in Presale
24.1.2024
A new decentralized finance (DeFi) platform, Pandoshi (PAMBO), is creating quite a stir in the crypto community. This multi-faceted ecosystem has raised an impressive $2 million in its ongoing presale, showcasing its vast potential in the DeFi space. Powered by a Layer 2 network and...
Celsius Wallet Transfers $36M into Coinbase and FalconX Platforms – What’s Going On?
24.1.2024
Source: AdobeStock/Rafael Henrique On-chain analytics blockchain platform Lookonchain has identified a Celsius wallet making transfers to crypto exchanges. Sharing the information on X (formerly Twitter), Lookonchain highlighted that the defunct crypto lending protocol’s wallet deposited...
Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch
24.1.2024
Outflows from the Grayscale Bitcoin Trust have topped $1 billion per day this week
Stablecoin Market Capitalization Soars to 11-Month High, Taps $134 Billion
24.1.2024
The stablecoin market capitalization has surged to its highest point in 11 months with increased network activity recorded at the start of the year. A recent market research by cryptocurrency analytics firm, CCData shows an increase in the stablecoin market as the wider digital asset market...
Crypto Lender Abra Settles Lawsuit, Will Reopen Customer Withdrawals
24.1.2024
Crypto lender Abra has reached a tentative settlement with the Texas State Securities Board. According to a document published January 22nd, Abra has agreed to reimburse the assets invested by the state’s residents. The document highlights that Abra has begun winding down its U.S. retail...
Is It Too Late to Buy Aptos? APT Price Turns Green As This Latest Meme Coin Prepares for Exchange Listing
24.1.2024
The Aptos price has surged after ecosystem summit announcements sparked renewed interest in the layer-1 blockchain protocol. Image by Kerem Goktug Kaya, DALL-E 3. Aptos is currently capturing investor interest following the first day of the Aptos Ecosystem Summit, which revealed major updates...
Is ORDI Token Crashing? ORDI Price Drops 30% as New Bitcoin Protocol Raises $9.1 Million
24.1.2024
Leading BRC-20 ordinal, the ORDI token, experienced a significant -30% price drop due to the Grayscale sell-off. But, can ORDI price analysis determine if ORDI is truly crashing? The ORDI token, a major BRC-20 Bitcoin beta play, has suffered a decline amidst a sell-off of GBTC shares fueled by...
Indonesia Sees Sharp Decline in Crypto Tax Revenue, Falling 63% in 2023
24.1.2024
The Indonesian government has reported a significant decline in crypto tax revenue for 2023, amounting to $31.7 million (Indonesian Rupiah 467.27 billion), according to a report by local news outlet Kontant. The fall marks a sharp 63% drop compared to the partial collection period in 2022 when...
Rari Foundation Launches Mainnet for RARI Chain on Arbitrum
24.1.2024
The RARI Foundation has launched the mainnet for RARI Chain on Arbitrum. Built with Caldera by leveraging an Orbit chain, RARI Chain utilizes the Arbitrum Nitro tech stack, introducing a unique feature of embedding royalties on the sequencer level. For the launch of mainnet, Rari Foundation...
PINKY Token Soars 100x as Solana Memecoins Take Off and This Lesser Known Gem Could be Next
24.1.2024
PINKY token (a play on Mr Beast’s Dog) has pumped up 100x as Solana meme coins continue to post astronomical gains, but could PINKY price analysis reveal a huge retracement inbound and could this other lesser-known meme coin be next? This comes as recent months have seen a huge trend...
Cardano Price Prediction as Trading Volume Skyrockets 80% – Is ADA Poised for Recovery?
24.1.2024
The Cardano price has risen by 4% in the past 24 hours, reaching $0.4728 as the cryptocurrency market recovers by a modest 0.5% today. ADA’s jump today isn’t enough to override losses over greater timeframes, however, with the altcoin still down by 10% in a week and by 21% in the last...
US IRS Reminds Taxpayers to Report all Crypto-Related Income
24.1.2024
Source:Adobe The US Internal Revenue Service (IRS) has issued a reminder to all taxpayers to report any crypto-related income. The tax regulator has included a digital asset question on 2023 tax return Form 1040. The question asks taxpayers to report cryptos received in 2023 as a reward, award...
Report: US Crypto Startup Seeks to Launch an Interest-Bearing Stablecoin
24.1.2024
A U.S. blockchain and lending startup is seeking the U.S. Securities and Exchange Commission’s permission to issue an interest-bearing stablecoin. The startup said the digital token will be used as an alternative to existing stablecoins such as tether and USDC. Figure Technologies’...
MailerLite Confirms Breach: $3.3M Lost in Crypto Phishing Attacks
24.1.2024
MailerLite has confirmed reports of the hackers gaining access to customers’ accounts that led to a calculated crypto phishing exploit targeted at popular web3 firms. On Jan 23, the email marketing company released a detailed explanation of the events leading up to the hack and subsequent...