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Is Bonk Going to Zero? BONK Price Drops 33% While Rival Solana Meme Coin Snags $10M
15.4.2024
The price of the popular Solana meme coin BONK has fallen 33% over the last 7 days, according to data by CoinGecko. However, the worst of the downturn appears to have passed. BONK is now 2.4% higher than it was 24 hours ago. It’s still down about 1.5% in the last hour but with...
Vietnam Not Banning Crypto, But Legal Framework Needed: Ministry Rep
15.4.2024
A Vietnam ministry representative clarified Friday that crypto is not prohibited within the country. However, he emphasized the importance of establishing a legal framework to regulate them and mitigate potential risks.
The post Vietnam Not Banning Crypto, But Legal Framework Needed: Ministry...
Beauty and Fashion Brands Use Web3 Technology To Better Engage With Consumers
13.4.2024
Before the emergence of Web3, brands primarily relied on Web2 channels, such as social media, to connect with consumers. In fact, recent statistics show that 77 percent of businesses use social media to reach customers. Consumer engagement strategies are evolving, however. With the maturation...
Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15
10.4.2024
Hong Kong’s securities regulator aims to approve the first batch of Spot Bitcoin ETFs on April 15. However, their availability is expected to commence roughly two weeks after approval.
The post Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15 appeared first on Cryptonews
Binance Nigeria Case Postponed Until April 19th Amidst Criminal Charges
4.4.2024
Tigran Gambrayan and Nadeem Anjarwalla, two Binance executives held against their will by Nigerian authorities, has been postponed until April 19 as the country seeks criminal charges against the duo, a Thursday court hearing reveals. However, only Gambrayan appeared before Judge Emeka Nwite in...
TRON Blockchain Accounted for 45% of Illicit Crypto Volume in 2023: TRM Report
29.3.2024
TRM Labs data revealed that 2023 saw illicit crypto volumes drop by a third from $49.5 billion in 2022 to $34.8 billion. However, of all crypto frauds in 2023, TRON blockchain hosted 45%, up from 41% in 2022.
The post TRON Blockchain Accounted for 45% of Illicit Crypto Volume in 2023: TRM Report...
Parallelized EVMs May Solve Blockchain Trilemma, But It’s Risky Business
22.3.2024
Data from Fortune Business Insights predicts that the global blockchain technology market size will reach $469.49 billion by 2030. Although the potential behind blockchain technology is huge, a number of setbacks may hamper adoption however. For instance, the “blockchain trilemma” continues to...
Lingo Introduces a Reward Token Backed by Real-World Assets
19.3.2024
With Bitcoin pushing through all-time highs, the demand for cryptocurrencies has steadily increased. However, most crypto projects historically have failed to reward their communities in the long run. That’s because they were either built on ponzinomics, lack of real value generation, or real-world...
Unveiling the Dark Web: How Privacy Coins Fuel the Trade of Criminal Material Online
1.3.2024
Privacy coins are fuelling the proliferation of child sexual abuse material (CSAM), according to Chainalysis’s 2024 Crypto Crime Report. The report highlights crypto’s growing role as legal tender among dark web vendors of CSAM. Like other things listed on the dark web, CSAM is often...
Sam Bankman Fried’s Legal Team Cites Autism Spectrum Disorder in Plea for Leniency
29.2.2024
Lawyers for disgraced former FTX CEO Sam Bankman-Fried (SBF) have argued that judges should consider their client’s autism traits when deciding his prison sentence. SBF faces a maximum of 110 years between seven counts of money laundering, wire fraud and securities fraud. However, his defense...
Starknet’s STRK Price Drops 50% as This New Meme Coin Prepares to List on Exchanges
23.2.2024
As Ethereum rollup Starknet initiates distribution of 728m tokens to more than 1.3m addresses, traders are vying to take position in what could be the largest airdrop of 2024. However, with STRK price plummeting -50% on launch, could this new meme coin be a better play as it heads for exchanges?...
Insider Trading in the NFT Market? Moonbirds’ Unusual Sales Activity Before Yuga Deal
17.2.2024
Prices and trading volume for the Ethereum NFT collection Moonbirds experienced a significant surge on Friday following the announcement of Yuga Labs’ acquisition of the collection’s intellectual property alongside creator Proof. However, there were also considerable spikes in sales...
Bitcoin ETFs Pose Long-Term Threat to Public Crypto Miners: Galaxy
15.2.2024
Spot Bitcoin ETFs present long-term competition for publicly traded cryptocurrency miners, according to a Galaxy Research report published Wednesday. Galaxy analysts said that before these ETFs were approved, public mining stocks were one of the few ways investors could gain exposure to Bitcoin...
SafeMoon CEO Gets Bail, But His Legal Team Wants to Opt Out
13.2.2024
CEO of bankrupt crypto project SafeMoon Braden John Karony is released on bail, but his legal team no longer wants to represent him. In Nov. 2023, Karony and SafeMoon CTO Thomas Smith were arrested on charges of securities fraud, money laundering, and conspiracy to commit wire fraud. However,...
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
12.2.2024
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish signal for Bitcoin (BTC),...
CoinList to Acquire FTX’s Digital Custody Subsidiary in Cut-Price Deal
11.2.2024
The FTX Debtors estate, under the leadership of CEO John Ray III, has initiated the process of selling Digital Custody Inc. (DCI) to CoinList. FTX had previously acquired the subsidiary in two separate transactions, one in December 2021 and the other in August 2022, for a total of $10 million....
$WEN Sheds More Than Half Its Value as $GFOX Hype Grows Stronger
11.2.2024
As one of the top Solana-based meme coins, $WEN gained a lot of attention before its airdrop. The expectation drove the memecoin’s price to rise quickly after its launch. However, just as soon as its price rose, it plunged, losing more than half of its value in the process. Meanwhile, Galaxy...
Farcaster Co-Founder Critiques Twitter Clones: Innovation Over Imitation
10.2.2024
Decentralized social media protocol Farcaster has emerged as a prominent player among several burgeoning Twitter alternatives, both on-chain and off-chain. However, Dan Romero, the co-founder of Farcaster, does not view his decentralized social app as a competitor to Elon Musk’s Twitter...
3 Reasons Mollars (MOLLARS) Is Better Than Bitcoin (BTC) for Crypto
10.2.2024
  The Mollars (MOLLARS) initial coin offering has just reached an impressive milestone, surpassing 1.3-Million tokens sold. Cryptocurrency investors are excited about the new store-of-value token’s potential for up to +4,400% ROI yields. However, even those gains are only a pence of...
Andrew Eaton: From Lifelong Entrepreneurs to Prominent Network Marketer
6.2.2024
  Andrew Eaton is a lifelong entrepreneur turned successful network marketer who has emerged as a top earner in his field. Currently residing in the picturesque seaside village of Salt Rock in KZN, South Africa, Eaton lives his best life alongside his wife and two children. However, the road...