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Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow
11.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to 316,193.43 bitcoins. ETF Analyst Notes Historical Inflow...
Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer
11.4.2024
Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the fourth halving event nears, with fewer than 1,250...
First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui
11.4.2024
The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.” FDUSD to Integrate With Sui Blockchain...
BEFE coin: Unveiling the potential of a true 100x gem
11.4.2024
The meme coin market is full of hype, and amid the overall market scenario pushing the meme coin trend downwards, it was steadily losing its glory. However, launched in late 2023, BEFE seems to be pulling up the market’s glory. With significant gains and long-term bullish rallies, BEFE...
Crypto Exchange Luno Receives License From South Africa’s Financial Regulator
11.4.2024
Cryptocurrency exchange Luno is one of the first firms to receive a license from the Financial Services Conduct Authority (FSCA) in South Africa, allowing the exchange to operate as a financial services provider in the country.
The post Crypto Exchange Luno Receives License From South Africa’s...
Leaked Personal Info of Over 5 Million Salvadorans Apparently Linked to Chivo Wallet
11.4.2024
A database with the personal information of over 5 million Salvadorans was recently leaked in a data breach forum. The database, which has been around since August and has recently been linked to Chivo, El Salvador’s national cryptocurrency wallet, has 144GB of data, including the full name...
Coinbase, A16z-Backed Web3 Ad Network Everyworld to Begin Community Airdrop
11.4.2024
Everyworld, the Coinbase and A16z-backed Web3 advertising network, is set to start its community airdrop on April 15. Users who wish to participate in the airdrop must not be U.S. citizens or residents of 25 other countries, including Australia, China, and Russia. The Web3 rewarded ads protocol...
Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet
11.4.2024
The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn...
US Senator Says ‘So Much Appeals to Me About Bitcoin’
11.4.2024
U.S. Senator Marsha Blackburn has revealed that there is “so much that appeals” to her about bitcoin. She explained that as we move forward and people are more comfortable with the cryptocurrency, “there will be more transactions in your daily life where bitcoin is accepted as...
Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’
11.4.2024
Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward clear regulations. Two Pieces of Legislation Could...
Binance CEO Discusses Company’s Plan After Settlement With US Authorities
11.4.2024
Binance’s chief executive has shared his company’s future direction and areas of focus following its settlement with U.S. authorities, including the Department of Justice (DOJ). “We have moved past that as the company move into greater maturity,” he insisted, adding that...
Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production
10.4.2024
On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings. Auradine Raises $80 Million, Doubling Down on Teraflux Mining Rig Expansion...
Founder of Taiwan’s Ace Exchange Indicted in $10.7M Fraud Case
10.4.2024
On April 8, a Taiwanese court charged David Pan, the founder of Ace Exchange, and six other people on allegations of money laundering and cryptocurrency fraud involving digital currencies worth $10.7 million.
The post Founder of Taiwan’s Ace Exchange Indicted in $10.7M Fraud Case appeared...
Stepn Rewards Move-to-Earn Users With $30 Million in FSL Points Airdrop
10.4.2024
On Wednesday, the Web3 fitness and move-to-earn platform Stepn unveiled a $30 million airdrop campaign, offering participants the chance to earn FSL points that can be exchanged for GMT tokens. Stepn Reveals $30M Airdrop, Precedes Big Brand Collaboration The Solana-based Stepn has begun...
US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline
10.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot...
Committee on Banking, Housing, and Urban Affairs hears claims of stablecoin abuse
10.4.2024
Wally Adeyemo, the US Treasury Deputy Secretary, has released an official statement on how stablecoins are being used to avoid established security safeguards. The statement was issued before a hearing with the Senate Banking, Housing, and Urban Affairs Committee. It references various terrorist...
BitGo embraces ARB token, Enhancing Arbitrum’s Layer 2 capabilities
10.4.2024
BitGo decided to back ARB, a conventional ERC-20 governance token for Arbitrum, wherein customers can custody ARB in hot, custodial, and cold wallets. Added to that is the self-managed cold wallets. Arbitrum is a Layer 2 technology created to improve upgrading services by strengthening users’...
Truflation launches Stream Network with TRUF token, democratizing economic data
10.4.2024
Truflation delivers the Truflation Stream Network, booted by its conventional token, TRUF, accessible on prime international exchanges such as MEXC, Gate.io, and KuCoin. This will pave the way for democratizing finance and offering connectivity with on-chain financial and economic data. The TRUF...
$500 million Bitcoin (BTC) whale wakes up after 8 months to buy promising new presale
10.4.2024
Analytics platform Lookonchain has recently spotted and reported the activity of a dormant Bitcoin (BTC) whale after eight years. This has sparked speculation among crypto community members about how this recent development could affect the crypto market. Others, however, are optimistic that this...
$500 million Bitcoin (BTC) whale wakes up after 8 months to buy promising new presale ETFswap (ETFS)
10.4.2024
Analytics platform Lookonchain has recently spotted and reported the activity of a dormant Bitcoin (BTC) whale after eight years. This has sparked speculation among crypto community members about how this recent development could affect the crypto market. Others, however, are optimistic that this...