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DePINs are a proven path to crypto mass adoption — XYO co-founder
12.6.2024
XYO co-founder Markus Levin argues that DePINs can make AI more trustworthy, empower users and businesses alike, and usher in blockchain mass adoption
Iggy Azalea’s MOTHER meme coin opens Pandora’s Box, Ethereum founder joins the conversation
12.6.2024
Iggy Azalea, a top celebrity Australian rapper and founder of the viral meme coin Mother Iggy (MOTHER), which rallied 1000x, is reported to have opened Pandora’s Box after challenging Ethereum (ETH) founder Vitalik Buterin on the X platform over personal financial gains from transaction fees...
Crypto market witnesses 270.4M selloff in the form of liquidations
12.6.2024
Bitcoin, the largest cryptocurrency by market cap, showed a downward trajectory very recently. Ethereum also showed a similar trend, and the selloff resulted in around $270.4 million liquidation. Binance is the top crypto exchange that featured $99.7 million in total liquidations, and the GMCI...
Zimbabwe consults crypto firms on virtual asset regulation needs
12.6.2024
The Zimbabwean government hopes to create a regulatory structure tailored to country’s specific needs and conditions
Binance integrates Curve (CRV) on Arbitrum One and Optimism
12.6.2024
The exciting news for the DeFi community is that Binance has easily integrated Curve Finance’s token, CRV, into Arbitrum One and Optimism. This strategic decision is expected to significantly enhance Curve Finance’s liquidity and transactional efficiency for those who employ these...
Floki announces expansion in Vietnam
12.6.2024
Floki has announced its expansion into the Southeast Asian market via Vietnam. It will be a strategic move to undertake a marketing campaign and establish its presence in the region. Floki is starting the campaign in Ho Chi Minh City on June 17, 2024. It will last five weeks to reach the most...
Memecoin face-off: PEPE, DOGE, or BEFE for June investments?
12.6.2024
The wild world of cryptocurrency is still crazy about the ascent of memecoins. However, with so many memecoins flooding the market, which ones have the potential for June 2024? Below, we explore three popular prospects, i.e., PEPE, DOGE, and BEFE. PEPE vs. DOGE vs. BEFE PEPE Coin PEPE remains...
How this mid-cap token can 10x your crypto portfolio
12.6.2024
As crypto and blockchain move towards greater institutional adoption and mass embrace, the demand for layer-1 blockchains would see a massive jump. With entrants like BlackRock, MicroStrategy, VanEck, Grayscale, etc, supporting the vision and might of crypto, investors are seeing a huge possibility...
Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’
12.6.2024
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear...
Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet
12.6.2024
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing...
BlockDAG’s future-proof strategy: Understanding its advantages over Floki and Fantom for long-term investments
12.6.2024
Navigating the cryptocurrency sea can be quite treacherous. Making a prudent decision on the best cryptocurrency to invest in requires understanding the current and future potentials of various crypto platforms. In this unstable environment, BlockDAG stands out. Recently, the Network launched...
Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars
12.6.2024
Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price...
Rich Dad Poor Dad Author Robert Kiyosaki Sees Bitcoin as the Easiest Way to Become a Millionaire
12.6.2024
Rich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the cryptocurrency “does the hard work.” He contrasted this with entrepreneurship, which requires significant intelligence, dedication, and luck. “That is why...
Largest Bank in Brazil Itau Unibanco Opens Cryptocurrency Trading to All Users
11.6.2024
Itau Unibanco, the largest bank in Brazil and all of Latam, has reported the availability of cryptocurrency trading services for all its users. Through Ion, the bank’s in-house investment platform, customers can purchase bitcoin (BTC) and ether (ETH), a feature previously available...
Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million
11.6.2024
The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at $22 million. Lykke stated that it had shut down the affected systems to contain the damage and assured users that their funds remained secure. Lykke Faces...
Donald Trump Jr. Advocates for Father as Leading Bitcoin Proponent
11.6.2024
On Tuesday, Donald Trump Jr. shared an opinion article on the social media platform X and declared that his father Donald Trump is “the best choice for bitcoin.” Trump Jr. Endorses Father as Prime Candidate for Bitcoin, Highlights Bitcoin Magazine Editorial The eldest child of former...
Binance Labs backs Zircuit to enhance L2 security with AI sequencer
11.6.2024
Zircuit has recently received a significant financial boost from Binance Labs, which is part of the company that invests in and incubates startups. Zircuit is a rapidly growing innovation that leverages zero-knowledge rollups and comes with high-level security provided at the sequencer level in...
Polygon Unveils $1 Billion Grant Program to Foster Blockchain Development Over Next Decade
11.6.2024
Polygon has announced a $1 billion Community Grants Program, set to roll out over the next ten years, aimed at supporting developers on its platform. This initiative promises to allocate about $100 million annually to fund innovative projects that enhance the Polygon and Ethereum ecosystems....
ETF talks boost Shiba Inu burn rate by 3,000%
11.6.2024
Dips continue to happen across the Shiba Inu ecosystem. However, the market is increasingly paying attention to these dips. There are two reasons behind this: a massive spike in burn rate and discussions about ETFs. As the rate spiked to 2,955%, the community burned 7.5 million. This number...
Coinmetrics: Meme Coins Reshape Crypto Landscape Despite Centralized Token Holdings
11.6.2024
The meme coin sector has exploded to a staggering $60 billion market capitalization, reshaping the digital asset landscape and outperforming traditional crypto assets. Researchers Tanay Ved and Matías Andrade from Coinmetrics provide insights into the implications of this trend on networks...