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Strange FTX Token Rockets Up 5,000% as Viral New Bitcoin Project Starts Raising Funds – What's Going On?
3.10.2023
As Uptober battles its way into reality, a strange HairyPlotterFTX (FTX) token has exploded +5,000% overnight - in a moon-shot taking aim at the now disgraced crypto exchange.
Built with months of planning - this new project launched to coincide with the recent flurry of news around FTX, as...
FWEN Token Shoots Up 1,000% Overnight and New Bitcoin Project Goes Viral For Makes Mining Simple – 100x Potential?
2.10.2023
In the latest surge on-chain FWEN has surged +1,000% - as market interest gravitates to the Friend-Tech linked, BASE-launched, airdrop token.
With the ongoing FWEN airdrop seemingly distributing supply in 10% increments, excitement is growing ahead of a posited next-round of the airdrop today...
Is Toncoin Going to Zero? TON Price Suddenly Drops 8% as New Bitcoin Project Raises $2.7 Million in Funding
18.9.2023
Toncoin (TON) has exploded in recent weeks, after a huge project announcement saw the Web3 blockchain decouple from market downside moves, but with price now in retracement - is Toncoin going to zero?
The explosive price action - which pushed TON into the top 10 - comes following the news that...
Is Stellar Going to Zero? XLM Price Drops 5% as Popular New Bitcoin Project Raises $1.5 Million
13.9.2023
Stellar Lumens (XLM) price action is hitting the deck, after a disappointing -8% market reaction to the release of the 'Real World' campaign by the Stellar Organisation in collaboration with Idris Elba.
This comes following weeks of anticipation in the Stellar Lumens community, which has awaited...
Is Gala Going to Zero? GALA Price Keeps Falling as New Bitcoin Project Raises $1 Million
11.9.2023
Gala Games (GALA) price action has entered complete free-fall as the once shining GameFi project crumbles amid an intense legal struggle between co-founders Eric Schiermeyer and Wright Thurston.
This comes amid allegations of theft amounting to $130 million in Gala tokens and corporate...
Is Solana Going to Zero? SOL Price Drops 5% and New Bitcoin Project Approaches $100,000
7.9.2023
Solana (SOL) is defying expectations, as SOL price action continues to tumble despite bullish fundamental news following Visa USDC integration.
The tumultuous price action comes following the announcement that payment-processing giant Visa will be expanding their USDC Stablecoin Settlement pilot...
Is Rollbit Coin Going to Zero? RLB Price Keeps Falling as New Bitcoin Project Starts Selling at $1
6.9.2023
Leading GameFi project Rollbit (RLB) has enjoyed breakout success in recent months, surging +2,600% so far since launch, but with hard-fought retracement underway disparate bag-holders are asking is Rollbit coin going to zero?
This comes amid strong fundamentals for the gambling ecosystem, which...
Disappearance of $900K Puts Focus on Vintage Bitcoin Project Libbitcoin
14.8.2023
The issue, dubbed “Milk Sad,” was discovered in late July by information security firm Distrust
Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
20.1.2023
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody...
Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC
22.3.2022
Just recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased $125 million worth of bitcoin on March 21. The following day, bitcoin’s fiat value jumped...
Broke MIT students miss 13,000% gain on free BTC after selling for food and shoes
7.6.2021
Many students who participated in the 2014 MIT Bitcoin Project lament quickly selling their free BTC for textbooks, sushi, and beer
How Did Satoshi Nakamoto Remain Anonymous? A Detailed Look at the Bitcoin Creator’s Opsec
5.5.2021
The creator of the world’s first successful blockchain network has been an enigma ever since the mysterious inventor released the white paper over 12 years ago. Interestingly, Satoshi Nakamoto worked on the Bitcoin project publicly for 25 months and 13 days, all while being able to remain...
Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum
21.12.2020
According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3.3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has...
Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral
10.10.2020
There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1.4 million from blockchain investors. The project called Boringdao, a decentralized bridge between Ethereum and alternative blockchains, plans to launch...
Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain
26.9.2020
Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with...
DOJ Indicts Founder of Anti-Money Laundering Bitcoin Project for Money Laundering
25.6.2020
Rowland Marcus Andrade, the founder of AML Bitcoin, was indicted on wire fraud and money laundering charges related in part to an initial coin offering conducted in 2017 and 2018
Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked
26.5.2020
The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has only 925 BTC ($8.3M). Wrapped Bitcoin...
New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos
8.4.2020
On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will be used on the Tezos network and each token will be backed 1:1 with BTC. The project is now the fourth tokenized project that leverages BTC on another blockchain....
How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model
21.9.2019
Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying...