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Market shock: $3 billion in Ether exits following spot ETH ETF approval


The approval of a spot ETH ETF has profoundly impacted the cryptocurrency market, resulting in Ether’s exit valued at $3 billion. This significant movement underscores the complex interplay between regulatory decisions, market dynamics, and investor sentiment. Analyzing this event reveals several...

After $7 million hack, Velocore offers bounty to hacker


Velocore, which is a decentralized exchange, is defrauded of $6.8 million as a result of a vulnerability in the smart contracts that manage its liquidity pools. Incidentally, the exchange functions on the Telos as well as on the zkSync, Era, and Linea blockchains.  Since there was a flaw in...

Whales buy $112 million Dogecoin as market sentiment dips


According to a crypto analyst, whales have decided to mobilize and accumulate an impressive amount of Dogecoin (DOGE), which is a recent and rather exciting event in the world of cryptocurrencies. The unexpected acquisition, which took place over 72 hours, involved 700 million DOGE, or roughly $112...

Crypto losses: $200 million in 2024 due to hacks, rug pulls


Recently, in the year 2024, the cryptocurrency industry has experienced a rapid increase in financial damages due to the frequent occurrence of cyberattacks such as hacks and rug pulls. Immunefi, a blockchain security firm, disclosed that 32 confirmed attacks resulted in losses exceeding $200...

PayPal USD joins Solana for faster, cheaper transactions


During the recent Consensus 2024 conference, PayPal Holdings, Inc. (NASDAQ: PYPL) released a significant update concerning its business. This month, the company announced the integration of PayPal USD (PYUSD), a stablecoin, with the Solana Blockchain. This is a major step forward for PayPal, as...

BlastUP presale closing soon, final chance to buy $BLP at a discount


There has been a lot of talk lately about the new launchpad on Blast – BlastUP. It is capturing the attention of the wider crypto community with auspicious plans to redefine the way dApps are launched and make the path to success easier and smoother for crypto startups. BlastUP’s...

PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions


PayPal Holdings, Inc. announced the expansion of its stablecoin, PayPal USD (PYUSD), to the Solana blockchain to enhance transaction speeds and reduce costs, providing users greater flexibility and control. The post PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions appeared...

Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions


Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available...

BlackRock’s $20B ETF becomes top global Bitcoin fund


In the most recent advancement in the realm of Cryptocurrency investments, the iShares Bitcoin Trust has emerged as the most significant Bitcoin fund, surpassing the earlier market leader Grayscale Bitcoin Trust. By Tuesday, the iShares fund had $1968 billion in assets, slightly outpacing Grayscale...

Cardano (ADA) faces the risk of tumbling around $0.40


Cardano’s ADA could slip a little further. It is noted that the chances of tumbling around $0.40 are very much in sight. The token was last seen listed at $0.4618. Assuming it does fall to $0.45, there is a scope for a decline to $0.40. This comes when the market is transitioning toward Ethereum’s...

Intella X invests $1.5 million in Supervillain Labs


Intella X has made a wise investment in Supervillain Labs, a Web3 gaming studio that possesses a comprehensive understanding of the Web3 space and gaming. It also possesses the required know-how pertaining to the technology associated with blockchain gaming creation.  The company’s...

Chainlink eyes $20 breakout amid market surge


As most cryptocurrencies have experienced bearishness in the past several days, Chainlink has remained relatively stable and even spiked by 6% within the last 24 hours. At the time of writing, its price is 5.84% higher than its initial price in April and has risen to $18.21 with a market...

Chiliz on the rise: Will CHZ reach $1 in 2024?


Chiliz (CHZ) has been making giant strides in the market. The coin, known for powering Socios.com, has witnessed massive whale activity over the past few days. The crypto project is also undertaking new partnerships to expand its footprint. With the coin performing tremendously, users are wondering...

TON Blockchain hits $300 million TVL, signaling explosive growth


The TON (The Open Network) Blockchain has reached a significant milestone, with its total value locked (TVL) surpassing $300 million. This achievement highlights the growing adoption and trust in the TON ecosystem, which has gained momentum in the competitive Blockchain landscape. The...

Ronaldo’s new NFT collection with Binance defies $1B lawsuit


Cristiano Ronaldo, the iconic Portuguese football superstar, has launched his fourth NFT collection in collaboration with Binance, the world’s leading cryptocurrency exchange. This new collection features exclusive digital art pieces that celebrate Ronaldo’s illustrious career...

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