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After $7 million hack, Velocore offers bounty to hacker
3.6.2024
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...
OneTo11 announces global expansion with new games & educational P2E model
3.6.2024
OneTo11, a blockchain gaming start-up, has announced its plans to expand its offerings to two crucial markets across the world – LATAM and MENA. It will do so by adding 3 new games to the portfolio with a tentative timeline of the next 12 months. Established in 2021, the blockchain gaming...
Whales buy $112 million Dogecoin as market sentiment dips
3.6.2024
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 update: SHIB loses support, ETH to hit $4k, SOL shows reversal
3.6.2024
The crypto market is going through multiple changes, involving some of the biggest names like SHIB, SOL, and ETH. Shiba Inu, the popular meme coin, is about to lose important price ground. It relies on the support levels to kick in if the price drops. The asset has been trying to stay afloat above...
Brad Garlinghouse hints at launching IPO outside the US for Ripple
3.6.2024
Brad Garlinghouse, the Chief Executive Officer of Ripple, has said that the company may not launch its IPO in the US until Gary Gensler is handling the Chair at the US Securities & Exchange Commission, that is, the SEC. However, this does not rule out the possibility of an IPO, as Brad...
Shiba Inu wave leaks over to O2T token; experts predict 5,000% gains by June 10th. Here’s why
3.6.2024
The success of Shiba Inu (SHIB) has had a remarkable impact on the cryptocurrency market, paving the way for other promising tokens like Option2Trade (O2T). With its innovative technology, strategic positioning, and strong market momentum, Option2Trade is well-positioned to achieve significant...
Is Cardano ready for mainstream adoption? Exploring recent milestones?
3.6.2024
Through the seamless efforts of Charles Hoskinson, the Cardano (ADA) blockchain platform bloomed in 2017 with a vision to be a decentralized app development platform with smart contracts and a multi-asset ledger. It runs on proof-of-stake Ouroboros consensus protocol with a current CoinMarketCap...
Ethereum meme coins vs. utility tokens: Why you should buy ETFSwap (ETFS) over Pepe (PEPE) and Floki (FLOKI)
2.6.2024
Ethereum meme coins and utility tokens are two opposite asset categories in the crypto market. Pepe (PEPE) and Floki (FLOKI) are two meme coins that have captured investors with their community-driven hype, viral marketing, and meme culture. Ethereum meme coins are generally known for offering...
BlockDAG leads with 30,000x ROI and expands payment options, surpassing Ethena and Toncoin
2.6.2024
As Toncoin investors seek more stable opportunities and Ethena shows potential for recovery, BlockDAG rises as a formidable leader in the cryptocurrency market. With strategic expansions and diverse investment avenues, BlockDAG promises a platform capable of delivering a 30,000x return...
Crypto losses: $200 million in 2024 due to hacks, rug pulls
31.5.2024
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...
New collaboration initiative of Chainlink and Circle Partner
31.5.2024
Chainlink and Circle Partner are collaborating to enhance the developer usage of USD Coin and Euro Coin. The new partnership will mix Chainlink’s top-quality services for tokenized assets and Circle Partner’s developer platform. Chainlink is the leading decentralized computing platform...
Delorean launches digital marketplace in collaboration with Otherlife
31.5.2024
DeLorean, a renowned auto brand, has announced a partnership with Otherlife, a Web3 creative agency and a Moonpay branch. The collaboration is aimed to establish a revolutionary marketplace that will enable DeLorean enthusiasts to acquire, trade, and exchange vehicle reservation build slots. In...
SEC’s Hester Peirce urges US-UK Digital Securities Sandbox Cooperation
31.5.2024
Hester Peirce, the US Securities and Exchange Commissioner, is advocating for the establishment of a collaborative digital securities sandbox between the United States and the Bank of England. This will enable companies to experiment with inventive finance equipment within a controlled space. ...
Telegram Wallet includes further strictures related to KYC
31.5.2024
Telegram Wallet introduces further strictures related to KYC regulations by making it mandatory for users to furnish more personal details about themselves. A Telegram Wallet is an intermediary crypto wallet incorporated with Telegram, which provides the option for users to engage in purchasing...
Grayscale amends spot Ethereum fund registration statement
31.5.2024
Grayscale implemented some modifications to its S-3 listing statement, which was subsequently submitted for official filing the day after BlackRock submitted its amended S-1 statement. Additional amended registration statements are anticipated to be submitted in the future. This was one week after...
Amicable legal settlement between Terraform Labs and Do Kwon in SEC case
31.5.2024
Terraform Labs, a Singapore-based startup focusing on blockchain protocol and payment systems, has finally settled with the American Securities and Exchange Commission; the SEC filed a case against Terraform Labs for misleading the cryptocurrency investment fraternity. The information about...
Ripple’s 2023 report reveals key trends shaping regional payments
31.5.2024
Ripple’s 2023 Trends in Regional Payments Report has unveiled several key insights into the rapidly evolving landscape of global financial transactions. The report, based on comprehensive data analysis and industry surveys, highlights significant trends and developments across various regions...
PEPE outperforms meme coins in the last month and soars to more than 90%
31.5.2024
PEPE has emerged as the top performer meme coin in the last 30 days. FLOKI follows it in terms of fetching heavy monthly returns to holders. For reference, the frog-themed meme coin has generated over 90% returns in the last 30 days. It is now expected to test a higher resistance in the coming days...
Bitcoin grows, but not enough to inspire short-term optimism
31.5.2024
When Bitcoin ($BTC) emerged from the consolidation phase, it was expected that it would quickly surpass the milestone of $84,000. That was within the range of $61,000 and $64,000. However, there has been a slight reversal. While growth is still very much in the picture, the pace has come to a halt...
Arweave, ORDI, Monero surge pre-US inflation data release
31.5.2024
Cryptocurrency markets are experiencing a notable uptick, with Arweave, ORDI, and Monero among the digital assets seeing significant price increases. This surge comes as investors brace for the upcoming release of the US Personal Consumption Expenditures (PCE) inflation data, a key economic...