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Vitalik Buterin on the Challenges Between Crypto and AI, Warns ‘Tread Carefully’
31.1.2024
Ethereum co-founder Vitalik Buterin has discussed the intersections between crypto and artificial intelligence (AI), warning to “tread carefully.” In a blog post published Tuesday, Buterin highlights the main challenges between the two hottest technology trends of the past decade and explains...
Abracadabra Money in Crisis as $6.5 Million Crypto Theft Sends Shockwaves Across DeFi Community
30.1.2024
Source: iStock / Xijian Popular Ethereum-based decentralized finance (DeFi) lending protocol Abracadabra Money fell victim to a platform attack on January 30. Announcing the incident on its official X (formerly Twitter) handle, the DeFi protocol stated that it is aware of an exploit on its platform...
Chimpzee (CHMPZ) Draws In More Investors as Bitmart Listing and 40% APY For Staking Makes It Irresistible
30.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee (CHMPZ) has received widespread acclaim within the cryptocurrency community, and recent significant advancements have significantly amplified enthusiasm for this environmentally friendly...
The $SCORP Community is Earning Passive Income Every Day – Here’s How You Can Too
30.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The concept of earning passive income has become a reality for many. At the forefront of this revolution is Scorpion Casino’s native token, $SCORP, offering a unique opportunity for daily...
LUNC community burns over a billion tokens- Will this push price to $0.01?
30.1.2024
After Crypto.com announced that the platform would be delisting Terra Luna Classic (LUNC), the once-leading altcoin saw a huge downtick of over 40%. But now, we’re seeing the token put in motion a revival plan, and the first step is rapid coin burning. Many investors wonder whether this could bring...
India’s Web3 community seeks relief in the upcoming Budget 2024
30.1.2024
India’s Finance Minister, Nirmala Sitharaman, will present the budget for 2024–2025 on February 1, 2024. This is the last budget session before the nation delves into the Lok Sabha elections. The Web3 community of the country, for one, has come forward with its demands. The community seeks...
dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal
30.1.2024
The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on Jan. 25 detailing its fundraising proposal. This proposal, if approved, will grant the Foundation $30 million in DYDX tokens...
80% of Comments on Tweets from Famous Projects are from Phishing Scam Accounts: SlowMist
30.1.2024
Approximately 80% of comments on tweets from famous projects are occupied by phishing scam accounts. In a recent Medium post, the SlowMist Security Team said it has been inundated with reports of theft within the cryptocurrency community. “Upon analyzing these incidents, we discovered that...
PeckShield: Crypto Scams Plummeted 27.78% in 2023
29.1.2024
Blockchain security firm PeckShield has released an overview of the state of cryptocurrency hacks in the last twelve months with over 600 reported cases resulting in losses of $2.61 billion. Impressively, crypto scams saw a drop of 27.78% in 2023. The company disclosed its latest findings in a...
Google’s New Crypto Ad Policy Might Increase Investors’ Attention towards Bitcoin ETFs
29.1.2024
Tech behemoth Google announced last month that it would enable new crypto ad policy effective January 29, 2024. As a result, the crypto community speculates that the amendment might include the recently approved Bitcoin exchange-traded funds (ETFs) promotions. Google announced at the time that...
Solana Price Prediction as SOL Approaches $100 – Can SOL Beat Its All-Time High?
28.1.2024
As Solana (SOL) edges closer to the $100 mark, the crypto community is abuzz with speculation about its potential to surpass its previous all-time highs. Trading at $94.05 today, SOL has seen a 1.03% increase in the last 24 hours, with a robust trading volume of around $2.34 billion. Currently...
Bitcoin’s Fourth Halving May Unleash the ‘Mother of All Reorgs,’ Ordiscan Founder Predicts
27.1.2024
The crypto community is abuzz with anticipation for the upcoming Bitcoin network halving event, projected to occur on or around April 20, 2024. This event is sparking widespread speculation about its distinct importance. As the fourth Bitcoin halving nears, a theory of a potential major blockchain...
Community Notice: Algorand Foundation CEO’s X Account Hacked
26.1.2024
The Algorand Foundation reported that its CEO Staci Warden’s X account was compromised, leading to unauthorized posts on the account. The compromised account posted offensive content, including derogatory language and false statements about the Algorand community. CEO Staci Warden X’s...
Chimpzee Continues Giving Back As Wholesome Web3 Project Raises Staking Returns to 40%
26.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The wholesome Web3 project Chimpzee continues giving back to its community after announcing that it raised its staking returns to 40%. The project shows the world that Web3 can be used for a greater...
Core DAO Launches $5 Million ‘Innovation Fund’ to Support Africa-Based Web3 Developers
26.1.2024
Core DAO, the foundation supporting Core Chain protocol, said on Jan. 24 that it has launched a fund to “provide resources and networks to support African Web3 builders.” Brendan Sedo said since much of Core DAO’s community is in Africa, it therefore made sense to launch a fund that...
Avalanche Foundation Embraces Meme Coin Culture With $100 Million Fund (edited)
25.1.2024
The Avalanche Foundation has created a $100 million meme coin fund to promote culture and engagement within the Avalanche ecosystem. Image by AdriaVidal, Adobe Stock. On January 23, the nonprofit organization behind the Avalanche blockchain network announced a $100 million fund to support meme...
Charles Hoskinson Predicts 2024 Will Be the Biggest Year of Growth for Cardano
25.1.2024
Cardano’s co-founder Charles Hoskinson has projected 2024 as the biggest year for massive growth in the network’s ecosystem. In a recent broadcast released for the community, Hoskinson noted that it will be a year for growth while highlighting development roadmaps, integrations and strategies to...
Terra Luna Classic Price Prediction as Community Burns 700 Million LUNC – A Turnaround in Sight?
24.1.2024
Terra Luna Classic (LUNC) price predictions remains bearish, despite attempts from the community to reduce the token’s supply via burns. As per a tweet from @AlexCryptoBull, 700 million LUNC tokens were burnt this week, plus 230,000 UST tokens. Great results this week with 700M $LUNC and 230k $USTC...
Polygon (MATIC) Competitor Pandoshi (PAMBO) Raises $2 Million in Presale
24.1.2024
A new decentralized finance (DeFi) platform, Pandoshi (PAMBO), is creating quite a stir in the crypto community. This multi-faceted ecosystem has raised an impressive $2 million in its ongoing presale, showcasing its vast potential in the DeFi space. Powered by a Layer 2 network and...
Edward Snowden Urges Crypto Community to Fund Tornado Cash Pioneer’s Legal Defense
24.1.2024
Former CIA contractor and whistleblower Edward Snowden on Tuesday called for financial aid to support Tornado Cash founder Roman Storm’s legal defense. Storm and his co-founder Semenov were arrested in Aug. 2023 for alleged sanctions violations in the US through their crypto mixing service, accused...