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Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months
5.7.2023
In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive...
Crypto Whales Are Accumulating Green Crypto Ecoterra Before It Lists on Exchanges – $5.8 Million Raised Already
5.7.2023
Green blockchain initiative ecoterra is seeing massive adoption amongst sustainability-centric crypto investors.
At press time, the recycle-to-earn (R2E) initiative has raised over $5.85 million as it prepares for an exchange listing in the coming weeks.
$ECOTERRA has gained considerable...
Web3 Industry Losses Topped $656 Million in H1 of 2023 — Study
5.7.2023
Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was the most common (60) type of attack during the period...
New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions
5.7.2023
While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over 90%. The launchpad Luminex, which announced...
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses
4.7.2023
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between March and May 2023, roughly $5.17 million in legal...
LBank Labs Launches $10 Million MEME Special Fund, Aiming to Nurture High-Quality Early-Stage Innovation Projects
4.7.2023
PRESS RELEASE. LBank Labs, the venture capital arm of the global exchange LBank, has today announced the establishment of a $10 Million MEME Special Fund. The move is intended to encourage high-quality early-stage innovative MEME projects, foster industry growth, and give back to the wider...
Terra Luna Classic Price Prediction as LUNC Reaches $500 Million Market Capitalization – Time to Buy?
4.7.2023
Terra Luna Classic (LUNC) coin has recently garnered attention in the cryptocurrency market as it reached a market capitalization of $500 million.
This achievement has sparked speculation among investors about the coin's price prediction and potential investment opportunities.
As the crypto...
Justin Bieber Is Down $1.2 Million On His Bored Ape NFT – Here’s What Happened
4.7.2023
Worldwide singer-superstar Justin Bieber is deep in the red ever since joining the NFT world’s infamous Bored Ape Yacht Club (BAYC) last year.
In January 2022, the celebrity notoriously purchased Ape #3001 for 500 ETH, worth $1.3 million at the time. Today, that same collectible is worth just...
Aptos Price Prediction: $300 Million Trading Volume Sends APT Soaring – Are Whales Buying?
4.7.2023
Aptos (APTO), the cryptocurrency that powers the newly launched Aptos layer-1 blockchain protocol, is enjoying a pop higher on Tuesday amid a surge in trading volumes.
As per CoinGecko, APTO trading volumes were around $300 million in the last 24 hours, impressive for a cryptocurrency with...
Voyager Creditors Charged $5.1 Million for Legal Services Between March-May
4.7.2023
A crypto platform Voyager filed for bankruptcy a year ago, in July 2022, due to substantial losses caused by the bear market and the collapse of the Terra blockchain.
In the aftermath, the company’s creditors requested the return of their assets. However, the legal fees kept stacking, leading...
Attacker Siphons $10 Million in Crypto From Poly Network – Here's What Happened
4.7.2023
A hacker exploited the Poly Network over the weekend and swapped out nearly $10 million in ETH, security firm Beosin revealed.
Poly Network confirmed via Tweet on July 2nd that it became the latest victim of a DeFi exploit, enabling the hacker to mint $34 billion worth of crypto.
Poly Network,...
Prediction: Will the Ethereum Price Break $2,000? Not Before Wall Street Memes Hits $12.5 Million
4.7.2023
The price of Ethereum (ETH) has dipped slightly today, dropping to $1,954 as the cryptocurrency market as a whole rises by 0.5% in the past 24 hours.
ETH is now up by 4% in a week and by 13% in the past fortnight, following the weekend's jump beyond $1,900, which now puts it up by 83% in the last...
Dappradar: Metaverse Projects Command 43.68% of the Web3 Investments in 2023
4.7.2023
While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when the metaverse narrative was substituted by meme...
Crypto Exchange OKX Signs $70 Million Deal to Become Official Sleeve Sponsor of Manchester City
3.7.2023
The crypto exchange OKX has signed a sponsorship deal with the English football club Manchester City to become its “official sleeve partner.”
The new sponsorship deal marks an expansion of OKX’s existing deal as Manchester City’s “Official Training Kit Partner” for the 2022 to 2023 season,...
Flow Price Prediction as $300 Million Pushes FLOW Up 35% – What's Going On?
3.7.2023
FLOW, the cryptocurrency that powers the NFT-focused Flow blockchain, has continued its strong rebound from the all-time lows it hit in June.
FLOW was last trading close to $0.75, up a further 4% on the day and up around 35% in the last seven....
Read More: Flow Price Prediction as $300 Million...
Decentralized Fiverr and Upwork Platform Raise $1.4 Million – Time to Buy?
3.7.2023
DeeLance has recently achieved a remarkable milestone in its ongoing presale.
The platform, designed to revolutionize the recruitment industry, has successfully raised an impressive $1.46 million in the presale of its native token, $DLANCE.
This outstanding achievement has garnered significant...
Is it Too Late to Buy Bitcoin Cash? BCH Price Pumps Up 50% While AI Crypto Signals Platform yPredict Raises $2.7 Million
3.7.2023
Bitcoin Cash (BCH) is holding close to the $300 level after an intense melt-up in the last few weeks.
BCH/USD was last changing hands around $291, down a little on the day amid a subdued tone to broader cryptocurrency market trade.
Despite now trading around 10% lower versus last Friday’s more...
Report: Over $204 Million Lost to DeFi Hacks and Scams in Q2
3.7.2023
More than $204 million was lost in various hacks and scams in the decentralized finance (DeFi) space during the second quarter of 2023, a new report by crypto portfolio app De.Fi has found.
According to the report, the initial loss for the quarter was as high as $208.5 million before $4.5 million...
Chibi Finance $1M alleged rug pull: How it happened
3.7.2023
The exploiter used a “panic” function buried within eight different smart contracts to remove $1 million worth of users’ funds without their permission
Liquid Staking Defi Platforms Now Secure Over 10 Million Ethereum Worth Close to $20B
2.7.2023
Based on recent data, over ten million ethereum is now secured within liquid staking derivatives platforms, with a valuation close to $20 billion at current exchange rates. Two leading liquid staking decentralized finance (defi) protocols, Lido Finance, and Rocket Pool, experienced 30-day growth...