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Mango Markets Alleged Manipulator To Stand Trial This Week For $110 Million Theft, Used MNGO For Fraud
8.4.2024
The trial of the man accused of stealing an estimated $110 million out of the crypto exchange Mango Markets, Avraham Eisenberg, got underway in Manhattan Monday after he used their crypto token MNGO for fraud purposes. The alleged crypto criminal faces up to 40 years in prison for the scheme.
The...
Tron (TRX) price outlook rises amid $406 million network fee rise
8.4.2024
Tron’s price has stayed relatively constant in recent weeks, as the cryptocurrency market excitement has faded. On Monday morning, the TRX token traded for $0.12, up marginally from $0.1102 at the end of the previous month. However, it has fallen by more than 16% from its peak this year....
Crypto Whales are Quietly Gathering Around This Emerging VR Crypto Project – Next Big Narrative?
8.4.2024
Metaverse gaming token 5SCAPE is almost a third of the way towards its target of raising $15 million in its ongoing ICO. The presale is only on round 4 of a dozen so far and has already raised $4,354,934, which equates to about 29% of the target since the presale launched on January 9. 5SCAPE...
dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know
8.4.2024
The dYdX community has voted to stake 20 million dYdX tokens, worth around $60 million at the time of publication, using Stride's staking service for Cosmos blockchains.
The post dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know appeared...
420-Friendly Solana Meme Slothana Raises $10 Million In Time Sensitive ICO
8.4.2024
Slothana, the new red-eyed sloth who lives on Slothana, has raised an eye-watering $10 million barely two weeks into an ICO for his new $SLOTH token. The news comes as Solana meme coins follow market leaders Bitcoin and Ethereum into a small market-wide rally off the back of anticipation of...
Shiba Inu Price Prediction as Trading Volume Surges to $600 Million – Time to Buy?
8.4.2024
The Shiba Inu price has gained by 3% today, rising to $0.00002909 as the crypto market as a whole enjoys a 4.5% increase in the past 24 hours.
The post Shiba Inu Price Prediction as Trading Volume Surges to $600 Million – Time to Buy? appeared first on Cryptonews
Solana Meme Coins Outperform SOL Price, Slothana Presale Raises $10 Million
8.4.2024
Solana meme coins are posting some of the chunkiest gains in today’s market-wide rally, according to data by CoinGecko. For context, crypto is broadly rallying today as market leaders Bitcoin (BTC) and Ethereum (ETH) both posted respective gains of around 4% and 7% over the last 24 hours....
Solana DEX Phoenix secures $20 Million for Ellipsis
8.4.2024
Phoenix, software developers who created the Solana-powered DEX (decentralized exchange), recently secured around $20 million in the Series A funding round for Ellipsis, one of their start-ups. Paradigm initiated the funding round in partnership with Electric Capital and many other industry...
Digital Asset Investment Products Attract $646M, Pushing YTD Inflows to Record $13.8B
8.4.2024
A total of $646 million poured into crypto products last week, pushing the year-to-date inflows to an unprecedented $13.8 billion and surpassing the previous year's total of $10.6 billion.
The post Digital Asset Investment Products Attract $646M, Pushing YTD Inflows to Record $13.8B appeared first...
PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos
8.4.2024
According to Paxos' most recent transparency report on PayPal USD, the circulation of PYUSD in March totaled $188.5 million, marking a 39% decrease compared to the previous month.
The post PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos appeared first on Cryptonews
‘TESLA’ Token on Solana Explodes 45,398% in a Day, Anticipation Builds for New $10 Million Dog-Coin Listing
8.4.2024
Despite congestion over the weekend, the Solana meme coin markets are back with a bang this morning, as the new Tesla token explodes +45,298%. This article will provide an analysis of TESLA’s current price trends and look to see whether a viral dog coin, Dogecoin20, represents a more promising...
Bug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million
7.4.2024
A bug in the smart contract of Lido’s discontinued Solana staking service is reportedly preventing users from withdrawing digital assets valued at more than $24 million. Lido attributes this issue to “a problem with the maintainer bot and the recent update of rent-exempt terms for Solana...
Genesis Converts GBTC Shares into Bitcoin: Acquires 32,000 BTC in Major Move
6.4.2024
Bankrupt crypto lending firm Genesis has converted approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin as part of preparations to settle its debts with creditors.
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BlockDAG’s $13.2 million leap causes a buzz amid the Cardano crash and FLOW forecast
6.4.2024
With the Cardano crash affecting investor sentiment, the market is cautious about the fluctuating FLOW price prediction. Yet, the spotlight turns to the BlockDAG (BDAG) project, hailed as the best crypto investment, where innovations like the DeFi payment card are revolutionizing transactions. ...
Is It Too Late to Buy Bitcoin Cash? BCH Price Surges as New VR Token Secures $3.9M
5.4.2024
Altcoin fans are delighted after Bitcoin Cash (BCH) hit a three-year high of over $700 today; at the same time an ongoing ICO for a new VR token raised $4 million. The last time BCH traded above $700 was on September 5, 2021, when the price was $711.56, according to data by CoinGecko. Source:...
Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval
5.4.2024
Prisma Finance has unveiled a strategy to cautiously restart operations following a hack that resulted in a loss of $11.6 million and prompted a temporary pause of the platform on March 28.
The post Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval appeared first...
Paradigm Tries Again at Crypto: Seeks to Raise at Least $750 Million to Launch New Fund
5.4.2024
Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with third parties to launch a $750 – $850 million crypto-focused investment fund, the largest since its previous $2.5 billion...
Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion
5.4.2024
Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round.
The post Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion appeared first on Cryptonews
Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant
4.4.2024
The number of coins available on Bitcoin exchanges has steadily fallen since the collapse of FTX.
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US Government Pledges $3.6M to Build Cybersecurity Workforce
4.4.2024
On April 3, the US government promised cooperative agreements worth roughly $3.6 million to build a workforce skilled in cybersecurity, shielding companies from potential cyberattacks.
The post US Government Pledges $3.6M to Build Cybersecurity Workforce appeared first on Cryptonews