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Axie Infinity’s Stats Slump: A Play-to-Earn Reality Check
17.9.2023
Axie Infinity ranks among the largest blockchain-driven play-to-earn games ever. However, its luster has dimmed considerably from its January 2022 peak. Then, a robust 2.78 million average monthly players flocked to the game. Yet, today’s count stands at a mere 359,254 average monthly...
XRP Price Prediction as $700 Million Sends XRP Near $0.50 – Are Whales Buying?
17.9.2023
The ever-evolving cryptocurrency landscape has lately been abuzz with talk surrounding Ripple (XRP), currently the fifth-largest crypto by market capitalization.
As of now, XRP's trading price hovers tantalizingly close to the $0.50 mark, registering at $0.497194. This figure comes alongside...
Elliptic Blockchain Surveillance Firm: North Korean Lazarus Group Theft Spree Reaches $240 Million in 104 Days
16.9.2023
Nefarious North Korean hacking group Lazarus has stolen nearly $240 million in cryptocurrencies in the past 104 days alone.
In a report published by blockchain surveillance firm Elliptic, Lazarus has been identified as the perpetrator behind a series of major cryptocurrency hacks in recent months...
Dormant 2012 ‘Sleeping Bitcoin’ Addresses Spring to Life, Moving $8.6M in Vintage Coins
16.9.2023
Onchain evidence reveals that three dormant ‘sleeping bitcoin’ addresses, established in January 2012, have awakened, moving a total of 325.19 bitcoin valued at over $8.6 million after an 11-year hiatus. Vintage Bitcoin Vaults Open: $8.6M Moved From 2012 Dormant Addresses Bitcoin News...
Worldcoin’s Tools for Humanity Claims to Have Invested Nearly $4.8 Million in Kenya
16.9.2023
Nearly $4.8 million has been used to fund cryptocurrency and blockchain education efforts in Kenya, the CEO of Tools for Humanity, Alex Blania, recently revealed. Blania also denied allegations that Worldcoin plans to sell users’ biometric data obtained via its eyeball-scanning orbs. More Funding...
Report: Binance’s Decision to Airdrop $3 Million to Morocco Earthquake Victims via BNB Token Criticized
16.9.2023
Cryptocurrency exchange Binance has been criticized for pledging to help victims of Morocco’s devastating earthquake by airdropping its native crypto token. According to Action on Armed Violence’s Iain Overton, people affected by the earthquake are only interested in getting immediate...
German Blockchain Sector Sees 3% YoY Growth with $355 Million Invested in 2023: Report
16.9.2023
According to a report published by Crypto Valley Venture Capital (CV VC), the German blockchain sector demonstrated resilience, seeing a 3% YoY increase in funding, in contrast to the global blockchain ecosystem's downturn of over 50%....
Read More: German Blockchain Sector Sees 3% YoY Growth with...
Ethereum’s Liquid Staking Platforms See $1B Influx in 20 Days, Nearing 12M ETH Milestone
15.9.2023
Over 20 days, 640,000 ETH valued at just over $1 billion was added to liquid staking derivatives platforms. Additionally, the amount of ether staked in such protocols is approaching 12 million, with 11.97 million total value locked (TVL) as of September 15, 2023. Ethereum Staking Platforms Race...
Crypto Exchange Coinex Pens an Open Plea for Dialogue With the Hacker
15.9.2023
On September 12, 2023, Coinex was hacked, losing an estimated $54 million after hackers removed significant amounts of BTC, ETH, TRX, and other tokens. Three days later, Coinex released an open letter to the hackers, hoping to “build a sincere and open channel of communication.”...
Investment Firm Reverie Sets Up $20 Million Crypto Venture Fund for Web3 Startups
15.9.2023
The New York-based crypto-focused investment firm Reverie has launched Reverie Fund One, a $20 million venture capital fund that will invest in Web3 startups.
The launch of the new fund was announced on X on Thursday by Larry Sukernik, co-founder of Reverie, who promised that the launch would come...
Celsius and Core Scientific Reach $45 Million Settlement Deal Following Mining Facility Dispute
15.9.2023
Digital asset miners Core Scientific and Celsius Mining have struck a $45 million deal over the Cedarvale mining site after months of litigation.
According to the court filing, both companies have resolved to settle all disputes in a deal that both companies describe as beneficial to the entire...
Is It Too Late to Buy Axie Infinity? AXS Price Suddenly Blasts Up 20% as Launchpad Project Secures $1.7 Million in Funding
15.9.2023
Axie Infinity (AXS) has blasted up +20% in a dramatic move, this comes following wider disarray in GameFi markets triggered by an unfolding legal battle between the co-founders of Gala Games.
The impressive pump comes as Axie Infinity continues to be among the strongest performing GameFi projects...
AI startup Helsing raises $223 million in Series B funding for defense solutions
15.9.2023
The company emphasized its commitment to advancing AI technology for the safeguarding of democratic nations
Remitano Crypto Exchange Faces Possible Hack, $2.7 Million Withdrawn in Suspicious Transactions
15.9.2023
On September 14, crypto exchange Remitano faced an alarming situation with a suspicious withdrawal of approximately $2.7 million in cryptocurrencies, triggering concerns of a potential security breach.
Around 12:45 UTC, Cyvers, a blockchain analytics platform, alerted the crypto community about...
Is Terra Luna Classic Going to Zero? LUNC Price Drops 5% as New Bitcoin Startup Raises $2 Million
15.9.2023
Terra Luna Classic (LUNC) could be going to zero, as downside price moves continue to dominate price action despite a LUNC network core upgrade by the L1 Terra Classic Task Force (L1TF) developer group.
The v2.2.1 core upgrade to Luna Classic is a monumental step in rebuilding the ecosystem,...
Is It Too Late to Buy Aptos? APT Price Rallies 5% and AI Crypto Signals Platform yPredict Secures $3.85 Million
14.9.2023
The Layer 1 blockchain protocol Aptos, founded by former Facebook employees, is preparing to release 20 million APT tokens in November according to data compiled by TokenUnlocks. With APT currently trading around $5.15, the token unlock is estimated to be worth over $103 million....
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Biggest Movers: TRX Rises to Strongest Point Since July, SOL Extends Gains
14.9.2023
Tron was a big mover on Thursday, as recent reports suggest that the blockchain platform has been processing an average of 4.8 million daily transactions. The token has now surged higher for three consecutive sessions, and looks set to collide with a key resistance level. Solana was also in...
Is Bitcoin SV Going to Zero? BSV Price Falls 2.5% as Web3 Utility Coin LPX Sails Past $1.6 Million Milestone
14.9.2023
Bitcoin hard-fork project Bitcoin SV (BSV) continues to be embroiled in a tight-fought struggle with the 20DMA as price action pushes down following death cross, rejection could spell disaster - is Bitcoin SV going to zero?
This comes in the aftermath of an impressive push by BSV bulls, which shot...
SEC Fines Stoner Cats NFTs Creator $1 Million for Securities Violation
14.9.2023
The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).
According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered...
NFT-Based Firm Remilia Corporation Sues Independent Contractors Accused of Siphoning $1 Million
14.9.2023
Remilia Corporation, a digital art and non-fungible token (NFT)-related business, has filed a lawsuit against three independent contractors whom it accuses of siphoning $1 million from the company. Founder Krishna Okhandiar denied claims the three had at any point “sought equity shares...