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Solana set for a breakout: Momentum builds for major surge
10.6.2024
Solana (SOL), a high-performance blockchain known for its fast transaction speeds and low fees, is currently experiencing a surge in momentum that could soon lead to a significant price explosion. As the broader cryptocurrency market shows signs of recovery, Solana is emerging as a standout...
Nigerian Interest in Crypto Persists Despite Crackdown; Meme Coins Prevail in Country’s North
10.6.2024
In the northern states of Katsina and Borno, residents are increasingly interested in the meme coin dogecoin. Meanwhile, in Delta State, known for its financial services leaders, bitcoin garners significant attention. A Nigerian lawyer has called on authorities to implement cryptocurrency...
The people of New Zealand prefer crypto to real estate
10.6.2024
Many New Zealanders want to build wealth with cryptocurrency instead of real estate. They are switching to crypto due to their disinterest in conventional financial systems. Crypto is more accessible than real estate investment, mainly due to the high costs involved with getting into the market....
Privacy Coin XMR Rebounds After Mid-April Low Climbing 37% in 30 Days
10.6.2024
The privacy coin monero (XMR) has experienced a 7.7% increase in the last 24 hours and a 16.5% rise over the past week. Monero Trading Volume Doubles in 24 Hours After a prolonged decline and hitting a significant low in mid-April, monero (XMR) has recovered in value. For instance, on April 13,...
Dogecoin’s performance this week
10.6.2024
Dogecoin ($DOGE) had a pretty impressive performance in April. It has now returned to $0.1452 in the last 7 days. That is a dip of 10.60%. The price remains near the All-Time High (ATH) of $0.17, attained in April 2021. If it triggered a spike once more, there would be the potential to surpass...
Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover
10.6.2024
Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholders to prevent unwanted takeovers. Riot Platforms Inc., which owns 11.62%...
Crypto King reveals an exciting future for Shiba Inu!
10.6.2024
SHIB faced major criticism for being down by -73.84% since its all-time high three years ago, and many critics believe the token will lose its thirteen billion dollar value. Amid the market divide surrounding Shiba Inu last week, Crypto King took to social media X to refute claims of Shiba...
Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend
10.6.2024
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi...
Sky Mavis extricates $5.7M, stolen from Ronin Bridge
10.6.2024
Sky Mavis has successfully managed to retrieve $5.7 million about the stolen amount from Ronin Bridge in 2022, with $40 million remaining. This was made possible with the assistance of the Norwegian official bodies. Regarding the balance amount, the strategy for retrieving it is awaited....
Double-Digit Gainers and Losers Define a Turbulent Week in Crypto
10.6.2024
At press time on Monday, the global cryptocurrency market is valued at $2.53 trillion, reflecting a 0.89% decline over the last day. In the past week, six tokens have experienced double-digit gains, with the meme coin brett (BRETT) increasing by 65.8%. Meme Coin BRETT Leads Weekly Gains Amidst...
Cardano’s Voltaire era nears with June hard fork milestone
10.6.2024
Chang will be the first hard fork in the final era of Cardano’s roadmap, introducing community-run governance and on-chain community consensus
Australia follows the US and Hong Kong with the launch of its first spot Bitcoin ETF
10.6.2024
Australia has joined the United States (US) and Hong Kong to launch its first Spot Bitcoin ETF. This development is seen as a major milestone for the crypto industry, as it exposes investors in Australia to Spot Bitcoin ETFs and democratizes access to the digital asset globally. ETFSwap (ETFS)...
Social Media Influencer Dan Bilzerian Contemplates Cryptocurrency Venture
10.6.2024
In a recent social media post that garnered over a million views, Dan Bilzerian, the American poker player and businessman known for his high-stakes games and lifestyle brand Ignite International, expressed interest in creating his own cryptocurrency. Bilzerian, who has distanced himself from...
UwU Lend hit by $20 million crypto hack
10.6.2024
The ongoing exploit has already netted the attacker nearly $20 million in digital assets
Paraguayan Minister Unveils Future Economic Strategy Centered on Bitcoin Mining for Industrial Transition
10.6.2024
Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining companies is part of the government’s strategy, which...
FLOKI hits over 417k holders, eyes major educational push in India
10.6.2024
FLOKI memecoin has progressed to the next stage of development, having registered 417,400 holders on the BNB Chain. This points towards the adoption and intensive growth of FLOKI among the various crypto enthusiasts. In an effort to celebrate this success, FLOKI has introduced an interest reward...
PEPE rises 5% following 231 billion whale buyup; now what?
10.6.2024
PEPE, one of the most popular meme coins, is finally eyeing a major rebound. The token recently recorded a huge whale accumulation of 231 billion tokens. The purchase has come at a time when PEPE has dropped massively in price. Lookonchain, a crypto analytics platform, reported that a PEPE whale...
Polkadot faces further declines as ‘Death Cross’ pattern signals bearish trend
10.6.2024
Polkadot’s value dropped considerably as reservations regarding its ecosystem persisted ahead of the JAM chain update. On Monday morning, the DOT token experienced a dramatic decrease to $6.42 at 6:48 a.m. GMT, representing a plunge of over 45% from its high this year. This occurred...
Orbit Chain hacker moves $48 million online via Tornado Cash
10.6.2024
The hacker behind the theft of $48 million from Orbit Bridge has returned to the scene with the intention of transferring the funds using Tornado Cash. Incidentally, the figure hacked has now reached the value of $121 million, having passed a substantially long period. For those who...
Baby boomers emerge as key contributors to cryptocurrency
10.6.2024
The market cap of the crypto segment is approximately $2.54 trillion. Baby boomers have emerged as one of the market’s key contributors, or they are believed to be holding a key to the growth of the cryptocurrency market. This is based on the fact that they serve $68 trillion in assets in...