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Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months
2.9.2023
The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study Shows A layer two (L2) blockchain runs alongside...
Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried HOOD Stake From US Marshal Service
2.9.2023
On August 30, Robinhood entered into a $605.7 million (HOOD) share buyback agreement with the US Marshal Service (USMS) to reclaim shares formerly held by Same Bankman-Fried (SBF) through Emergent Fidelity Technologies....
Read More: Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried...
Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik
1.9.2023
According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million. Certik Analysis: Cryptocurrency Losses Near...
IOTA Price Prediction as $10 Million Trading Volume Comes In – Are Whales Buying?
1.9.2023
IOTA's price landscape is becoming increasingly intriguing. As of today, IOTA stands at $0.162407, marking a modest increase of 0.63% within the past 24 hours.
With a significant trading volume of $14,380,606, speculations about potential whale investments are rife.
CoinMarketCap ranks IOTA...
Is It Too Late to Buy Rollbit Coin? RLB Price Spikes Up 15% and Launchpad Raises $1.5 Million
1.9.2023
Rollbit Coin (RLB) has been on an epic run since July, surging over 800% in a little over a month to post an all-time high of $0.2131 on August 2.
However, after this parabolic ascent, gravity has taken hold as RLB has cooled off and entered a period of consolidation.
For the past two weeks,...
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
$16M in crypto lost to hacks in August — Report
31.8.2023
Four security incidents took place on Coinbase's layer-2 solution Base shortly after its launch
On-Chain Data: The Amount Of Bitcoin on Centralized Exchanges Plunges to 2 Million – What's Going On?
31.8.2023
Bitcoin (BTC) holdings in centralized digital asset exchanges have plunged 4% to 2 million signaling both positive and market-worsening concerns.
According to recent data from CryptoQuant, the number of assets held in exchanges is at lows not recorded since January 2018.
The figure which...
Is It Too Late to Buy EOS? EOS Price Rallies 5% with $100 Million Trading Volume and Crypto Startup LPX Secures $1.5 Million – Time to Buy?
31.8.2023
Top 100 ranked blockchain Eos (EOS) has pumped +5% in the aftermath of news that the digital asset has been approved for trading by Japan's Virtual and Crypto Asset Exchange Association (JVCEA), with markets going live in mid-September.
The bullish announcement ignited a frenzy of activity...
Litecoin Price Prediction as 24-Hour Trading Volume Shoots Past $300 Million – Time to Buy?
31.8.2023
The price of Litecoin (LTC) has remained stable in the past 24 hours, with its current level of $67.70 representing a 3% gain in the past week.
LTC had risen with the rest of the market over the past couple of days after Grayscale won its appeal against the SEC, yet the altcoin remains down by...
DeForm manages to acquire $4.6 million in funding
31.8.2023
DeForm, which is a startup engaged in Web3 marketing, has successfully managed to acquire for itself an amount of $4.6 million through seed funding. The lead player in the funding round was Kindred Ventures, along with contributions from Elad Gil, Scalar Capital, and some more companies. DeForm...
Major Singapore Banks Named in $740 Million Money-Laundering Scandal in Which Police Seized Millions in Crypto
31.8.2023
Top local and international banks in Singapore have found themselves entangled in one of the city-state’s biggest money-laundering scandals, encompassing over $740 million.
Recent chargesheet filed against 10 individuals have unveiled a web of illicit financial activities that have implicated...
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
31.8.2023
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less...
Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion
30.8.2023
Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make...
PYUSD’s Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans
30.8.2023
Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply of PYUSD has risen by over 60%, now totaling 43.3 million....
AI Crypto Signals Platform yPredict Secures $3.6 Million for Newcomer-Friendly Ecosystem – How Does it Work?
29.8.2023
In the past, adventurers and opportunists raced to uncharted territories with hopes of striking gold. Their quests, driven by the appeal of riches, shaped the course of history. Today, while there may not be as many literal gold mines to discover, there's an undeniable surge in the quest...
Argo Blockchain Successfully Decreases 2022 Debt to $75 Million – Here's the Latest
29.8.2023
Digital asset mining firm Argo Blockchain has reported $18.8 million in losses in the first half of the year, reducing total losses to $75 million from last year.
The mining firm has struggled to navigate the tough path following wider market woes characterized by plunging prices of top crypto...
Dragonfly Capital Leads $3.75 Million Round for NFT Pioneer FirstMate – Crypto Funding Back?
29.8.2023
Non-fungible token (NFT) startup FirstMate has successfully raised $3.75 million for further development of a new NFT storefront builder platform.
Led by crypto-focused venture capital firm Dragonfly Capital and with participation from notable investors such as Coinbase Ventures and NextView,...
Litecoin Price Prediction as $200 Million Trading Volume Sends LTC Up 1% – Are Whales Accumulating?
29.8.2023
The price of Litecoin (LTC) has risen by 1% in the past 24 hours, reaching $64.98 as the altcoin's trading volume remains above $200 million.
LTC is now down by 1.5% in a week and by 31% in the last 30 days, while the cryptocurrency has also declined by 7% since the beginning of the year. ...
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Solana-based Protocol Clockwork To Shut Down Despite $4 Million Seed Funding
28.8.2023
Solana-based automation protocol Clockwork will be winding up its operations after its founder disclosed the company’s decision to step away from “active development of the protocol.”
Nick Garfield, the founder of the protocol announced on Aug 28 the plans of the company to shut its doors by...