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Nearly Two-Thirds of Crypto Projects Meet their Demise, New Research Finds
16.2.2024
Nearly two-thirds of crypto projects to launch in the past several years have met their demise, according to a recent analysis of over 12,000 cryptocurrency projects. The report, conducted by AlphaQuest and Storible, found that 72% of projects born during the 2020-2021 bull run have failed....
Coinbase Transaction Revenue Hits New High, Surpassing Q4 Expectation – Crypto Adoption Rising?
16.2.2024
In its quarterly report to shareholders, Coinbase posted a 64% jump in transaction revenue to take in $529.3 million in Q4, 2023. The increase in transactions was due to anticipation for the launch of spot Bitcoin exchange-traded funds (ETFs). Widely considered an important step in Bitcoin’s...
New WWE Collection Hits the Shelves + More NFT News
16.2.2024
Top NFT news today, February 16, 2024: Panini reveals its latest WWE digital trading card collection, Unique Network announces a grant with a $250,000 prize pot, and NFT art will be displayed at a Paris exhibition. NFT Market Data The non-fungible token (NFT) market is quite green today. The sales...
Law Firm Handling FTX’s Bankruptcy Case Expected to Become Binance’s Independent Monitor
16.2.2024
New York-based law firm Sullivan & Cromwell, which is currently handling FTX’s bankruptcy case, is expected to be appointed as the independent monitor for Binance Holdings. The move comes after Binance reached a multibillion-dollar settlement with the US government. As part of...
TRON announces its new Bitcoin Layer 2 Solution and roadmap
16.2.2024
TRON recently announced its new Bitcoin Layer 2 solution and roadmap on X/Twitter. The solution will decentralize and intertwine various tokens on the TRON network. The tokens will include stablecoins, merging TRON with the BTC network, and related L2s, like Bitcoin Ordinals. The integration will...
First Lunar New Year Verse Scratcher Jackpots Hits for 8,888,888 VERSE
15.2.2024
Fortune smiled upon a lucky winner this Lunar New Year as the Bitcoin.com Verse Team announced a major jackpot hit on their decentralized app, the Lunar New Year Scratcher. With every ticket offering an equal shot at the jackpot, participants are encouraged to continue playing until Mar. 1...
Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst
15.2.2024
Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer...
CryptoQuant Projects $56,000 as Next Target For Bitcoin Price Following ETF Inflows
15.2.2024
CryptoQuant analysts expect Bitcoin (BTC) to soar above $56,000 as its next significant price level after moving past $50,000. New market research from on-chain analytics firm CryptoQuant shows massive inflows into the digital asset market in the past weeks as institutional investor confidence...
X-Men ‘97 Trailer Teases Hellfire Gala, Baby Cable, And Headmaster Magneto
15.2.2024
When X-Men: The Animated Series aired its final episode in 1997, it marked the end of one of the best comic adaptations ever put to screen. With the stylistic flair of Jim Lee’s iconic designs and the excellent narratives pulled straight from Chris Claremont’s all-time great story arcs, it gave...
Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval + More Crypto News
15.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval Tokenization is Future of Finance, Despite Slump...
DeFi Protocol Tranchess Launches New Staking Products With Lido Finance
15.2.2024
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, announced the launch of two new staking products in collaboration with Lido Finance, a leading liquid staking platform. These products, dubbed “staYETH” and “turYETH,”...
Stablecoins Are the ‘Biggest Misnomers’ and ‘Oxymorons’ Says New Zealand Central Bank Governor
15.2.2024
The New Zealand Central Bank governor, Adrian Orr, recently branded stablecoins “the biggest misnomers” and “oxymorons.” Orr also rejected the notion that cryptocurrencies could serve as a replacement or supplement to central bank-issued money. Stablecoins Not a Viable...
Shiba Inu unveils Sheboshis, a new collection of 10,000 NFTs
15.2.2024
Shiba Inu recently announced the next addition to its ecosystem: Sheboshis, a collection of 10,000 NFTs running on the Ethereum network. With distinctive traits, the NFTs have garnered popularity on Rarible and OpenSea already. The NFTs are currently offered for 0.1651 ETH with 7.3186 ETH...
Moonwell Introduces ‘USDC Anywhere’ for Cross-Chain Lending and Borrowing
15.2.2024
Moonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s...
Sushi’s Decentralized Derivatives Exchange Susa to Launch on Layer N
15.2.2024
Sushi is preparing to launch its new decentralized derivatives exchange Susa on the Layer N platform. This initiative plans to address current performance challenges in decentralized finance. According to a recent blog post by Susa, the platform intended to improve the efficiency and reliability...
Halo Infinite Just Refreshed Its Most Neglected Playlist
14.2.2024
Free-to-play shooter Halo Infinite just got a long, long overdue update to one of its more troubled modes: Big Team Battle. Featuring 24 players at once, Infinite’s large-scale playlist was always beleaguered by the fact that it had too few maps. Any session spent in large brawls would inevitably...
Bitcoin Price Prediction as BTC Blasts Past $50,000 – New All-Time High Soon?
14.2.2024
Bitcoin Price Prediction In the ever-evolving landscape of cryptocurrency, Bitcoin has once again captured the spotlight, surging beyond the $50,000 threshold to solidify its market standing. The recent price rally to $51,740.00, a 4.53% increase within a mere 24-hour window, ignites discussions...
Crypto Phishing Group Angel Drainer Reportedly Steals $400,000 From 128 Wallets
14.2.2024
Phishing group Angel Drainer stole over $400,000 from 128 crypto wallets after deploying a malicious vault contract yesterday. According to an X post published on February 13 by blockchain security firm Blockaid, Angel Drainer employed a new attack vector that exploited Etherscan’s...
Best Crypto to Buy Today February 14 – DYM, SEI, STX
14.2.2024
As the crypto market continues to see positive momentum, analysts are watching for potential prospects among the best crypto to buy now. Image by cryptonews.com As the Bitcoin (BTC) price pumps to new two-year highs on strong spot Bitcoin ETF inflows, investors looking to secure faster near-term...
Uniswap’s Hayden Adams Calls Attention to Scammer Impersonating His ETH Wallet Address
14.2.2024
On February 14, Uniswap founder Hayden Adams warned the cryptocurrency community on social media platform X about a new strategy of crypto thieves who imitate Ethereum wallet addresses to defraud unsuspecting investors. Here’s how this new crypto scam works. Uniswap Founder Issues Warning...