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China Pushes Digital Yuan for Wage Payments in Changshu
25.4.2023
Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included...
Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million
24.4.2023
Based on present data, within the last four months, a mere three block rewards from the year 2010 have been transferred after 13 years of dormancy. This is due to the fact that dormant wallets from that era are becoming a rarity to behold. The latest expenditure of a 2010 block took place on April...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Are Whales Buying?
24.4.2023
The price of Shiba Inu (SHIB) has dropped to $0.00001030 today, making for a 1.5% decline in the past 24 hours as the cryptocurrency market as a whole falls by 1%.
SHIB's current price means it has declined by 11% in a week and by 3% in the last 30 days, although the meme token has gained by...
Non-Fungible Token Sales Spiked This Week Despite Crypto Market Volatility
23.4.2023
In the midst of a turbulent week for the crypto market, non-fungible token (NFT) sales have shown resilience, experiencing a surge of 7.74% in weekly sales, totaling $181.82 million. Data also reveals that there has been an increase of 41% in NFT buyers over the course of the week, surpassing...
Pepe Token Surges 77% in 24 Hours, Leading the Top 10 Meme Coins’ Market Gains
23.4.2023
In the aftermath of a downturn in the wider crypto market, the top crypto assets bitcoin and ethereum have each risen modestly, between 1.2% to 1.6%, over the past 24 hours. However, the meme token pepe (PEPE) has surged 77% against the U.S. dollar, and its market capitalization has swelled to $141...
Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes
22.4.2023
Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent...
Bitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013
21.4.2023
Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129 bitcoins in 2012 and 2013, has transferred 464 bitcoins worth $13 million for the first time in nine years. 464 Bitcoin Move...
Berachain Secures $42 Million Series A at $420.69M Valuation, Boosting DeFi-focused Layer 1
21.4.2023
Decentralized finance (DeFi)-focused layer 1 blockchain Berachain has succeeded in raising a total of $42 million under its recently completed Series A funding round at a valuation of some $420.69 million....
Read More: Berachain Secures $42 Million Series A at $420.69M Valuation, Boosting...
XRP Price Prediction as Unknown Whale Moves 30 Million XRP into New Wallet – What's Going On?
21.4.2023
The XRP price has fallen by 4.5% in the past 24 hours, dropping to $0.471535 as the cryptocurrency market as a whole declines by 2%.
XRP's current price means that it has fallen by 8% in a week, although the altcoin has gained by 38% since the beginning of the year, suggesting that 2023 may end...
Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves $60 Million for the First Time Since 2013
20.4.2023
According to onchain data, a bitcoin whale address transferred 2,071.5 bitcoin, worth approximately $60 million, after remaining dormant since December 19, 2013. Interestingly, this bitcoin address is linked to two wallets that sent 10,000 BTC last summer for the first time in nine years and...
New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap
20.4.2023
A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The token is called Pepe (PEPE), and at the time of writing, it has become the sixth-largest meme coin asset in terms of market capitalization, valued at just...
African Blockchain Business Funding Rose 429% in 2022 — Report
20.4.2023
In 2022, African blockchain businesses raised a total of $474 million, a 429% increase from what was raised in the year earlier, the latest CVVC African blockchain funding report has revealed. The custody and exchanges category raised over $250 million, which is equivalent to more than 50% of funds...
Bitcoin Financial Services Provider Unchained Raises $60 Million Amid More Bullish Market Sentiment – Bull Market Starting?
20.4.2023
As the bullish sentiment slowly returns to the crypto markets, the Unchained platform announced its latest funding round, raising millions to expand its Bitcoin (BTC) financial services. ...
Read More: Bitcoin Financial Services Provider Unchained Raises $60 Million Amid More Bullish Market...
Taylor Swift Rejected Crypto Exchange FTX’s Sponsorship Offer Over Unregistered Securities Concerns
20.4.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit...
Stop the Presses: Criticism Against the New York Times Mounts as Newspaper Is Accused of Killing 59 Million Trees Annually
19.4.2023
After the New York Times (NYT) published an editorial about bitcoin mining, claiming the industry is harmful to the environment, an organization called Stop the Presses took issue with the Times’ paper usage. Stop the Presses launched a social media campaign against the NYT’s newspaper...
Mysterious Hack Drains $10 Million from Crypto Whales and Early Crypto Investors – What's Going On?
19.4.2023
A mysterious hack has drained more than $10 million worth of ETH and other tokens from a large number of crypto whales.
The theft was first reported by a developer for the popular browser-based wallet MetaMask known as Tay, who wrote on Twitter on Tuesday that “Its rekt my friends & OGs who...
Hundred Finance Suffers $7 Million Loss in Optimism Hack – Here's What Happened
17.4.2023
Multi-chain lending protocol Hundred Finance has fallen victim to a hacking attack which enabled the theft of about $7 million worth of crypto. The attacker accessed the funds via Optimism, an Ethereum layer-2 blockchain.
"Once again we hope the hacker will reach out back to us and we will...
XRP Price Prediction as $800 Million Trading Volume Comes In – Can XRP Reach $10 in 2023?
17.4.2023
The price of XRP has dipped by 1% in the past 24 hours, dropping to $0.515094 as the cryptocurrency market as a whole falls by 0.5% over the same period.
XRP's current price means that it has risen by 1.5% in a week and by 35% in the last 30 days, with expectations surrounding the outcome of...
Ethereum Price Can Hit $3,000 This Month, and Ecoterra Can Raise $3 Million – Time to Buy?
17.4.2023
The Ethereum price has dropped by a slight 0.4% today, although at $2,092, the leading altcoin remains up by 12.5% in the past week, following the successful rollout of the long-awaited Shanghai upgrade.
ETH is also up by 16.5% in the last 30 days and by 75% since the start of 2023, making it...
Hundred Finance loses $7 million in Optimism hack
16.4.2023
The attacker reportedly manipulated the exchange rate between ERC-20 tokens and hTOKENS to steal over $7 million from the protocol