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Synapse Network Embarks On A Historic Journey By Migrating To zkSync


Synapse Network , a leading cross-chain launchpad, is embarking on a groundbreaking journey by migrating its native token, $SNP (soon to be $zkSNP), to zkSync, heralding the dawn of the era of Zero Knowledge and Layer Zero integration. Notably, $SNP is set to become the first-ever omnichain...

What will be 2024’s Solana? Is new meme crypto set for 2350% rally?


The crypto markets entered 2024 in a volatile state across the board. Many existing cryptos are expected to keep gaining value moving forward, and Solana is one of the platforms with the highest growth potential. According to some experts, SOL tokens could see a surge of up to 50x, similar...

Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs


Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin...

Near Foundation To Reduce Workforce By 40%


Source: Pixabay Non-profit organization Near Foundation has announced that it will reduce its workforce by approximately 40%. In a statement published on Thursday, the Near Foundation said it would cut around 35 employees after completing a recent review. The cuts are set to primarily affect...

Robinhood Set to List Spot Bitcoin ETFs ‘As Soon As Possible’


Source: DALL·E To better integrate cryptocurrencies into traditional finance, Robinhood CEO Vlad Tenev announced that the platform will list the newly approved spot Bitcoin exchange-traded funds (ETFs) swiftly. According to Tenev’s recent social media post, Robinhood is excited about the Securities...

US Spot Bitcoin ETFs Set to Make Historic Debut Tomorrow


The long-awaited U.S. spot bitcoin exchange-traded funds (ETFs) will finally commence trading. The Securities and Exchange Commission (SEC) approved 11 spot bitcoin ETFs on Wednesday to be listed and traded on the NYSE Arca exchange, the Nasdaq stock exchange, and the Cboe BZX Exchange. The three...

X Confirms US SEC’s Official Account Was Hacked, No Insider Error Detected


SEC Chair Gary Gensler. Source: screenshot of a YouTube video / Yahoo Finance The official X account of the U.S. Securities and Exchange Commission (SEC) was compromised when it posted the fake spot Bitcoin ETF approval announcement, X has confirmed. SEC’s Account did not Have a 2FA Set Up Upon...

Report: Japan’s E-Commerce Giant Mercari to Accept BTC Payments


Starting in June, users of Mercari, one of Japan’s biggest e-commerce platforms, will be able to pay for products using bitcoin. Users of the platform will also be able to use proceeds from sales to buy and sell bitcoin. Mercari Set to Continue Displaying Yen Prices One of Japan’s...

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