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WIF Surpasses PEPE to Become Third Largest Meme Coin by Market Cap After DOGE and SHIB
29.3.2024
While the overall cryptocurrency market remains relatively stable, meme coins have been gaining momentum, with Dogwifhat emerging as a front-runner.
The post WIF Surpasses PEPE to Become Third Largest Meme Coin by Market Cap After DOGE and SHIB appeared first on Cryptonews
SWIFT Plans to Launch CBDC Interconnection System in Next Two Years
29.3.2024
SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess the viability of such a development, which included...
Bitcoin Cash Trading Escalates as Second Halving Event Nears
29.3.2024
Bitcoin Cash (BCH) is experiencing a surge in trading activity and open interest ahead of its second halving event set for April 4, with open interest in futures perpetual contracts reaching a record high of $708 million, an increase from the previous peak in May 2021. The increase in open interest...
What’s the latest buzz from the ever-evolving world of Ripple?
29.3.2024
Being the leader in the cryptocurrency market, Ripple is known for its new-fangled solutions for cross-border payments and financial transactions. This means that it keeps changing, as witnessed by the recent innovations shaping its trajectory. In this article we will cover what is currently making...
Is Monero the anonymous king of crypto?
29.3.2024
Monero, an open-source cryptocurrency, was launched in 2014 with a greater privacy orientation. The blockchain is intentionally configured to be opaque. This attribute accomplishes privacy in transaction details like the sender’s and receiver’s information and the amount transacted. In addition...
Tether cryptocurrency is moving towards decentralized AI
29.3.2024
Tether plays a leading role in crypto as the issuer of USDT, a stablecoin synced to the US dollar and one of the most used stablecoins. By filling this role, Tether facilitates smooth dealings, which ensures a hassle-free transition from conventional fiat currencies to the crypto sector, which...
Tether Formally Announces a Shift Towards Open-Source AI
29.3.2024
Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for “top-tier talent” to help them establish a...
$62 Million Munchables Hack: Rogue Developer Returns All Funds, No Ransom Demanded
29.3.2024
Web3 gaming app, Munchables, announced on March 27 that an individual who exploited the system agreed to return the stolen funds without a ransom demand. This announcement came just hours after a former developer siphoned off more than 17,400 ethereum coins by gaining access to the Munchables lock...
Cleanspark’s Stock Tumbles 10% After Plans to Sell $800 Million in Shares
29.3.2024
Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion market capitalization. The adjustment from an initial...
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
29.3.2024
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency. Bitwise Aims for SEC Approval With Spot...
Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins
29.3.2024
Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other tokens. This also benefits newcomers, making...
Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever
29.3.2024
The CEO of Blackrock, the world’s largest asset manager, Larry Fink, says he is “very bullish on the long-term viability of Bitcoin.” Noting that he is “pleasantly surprised” by the demand for Blackrock’s spot bitcoin exchange-traded fund (ETF),...
US Senate Candidate Calls for Resignation of SEC Chair Gary Gensler
28.3.2024
U.S. Senate candidate John Deaton has called for the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. “Under Gensler, the SEC has forgotten, or intentionally abandoned, its primary mission in protecting innocent investors,” he stressed. Deaton Calls...
Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’
28.3.2024
Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network...
Assets Invested in Crypto ETFs and ETPs Rise 359% in 2024 From $15B to $69B: ETFGI
28.3.2024
ETFGI, an independent research firm reports assets invested in cryptocurrency exchange traded funds (ETFs) and exchange traded products (ETPs) listed globally have reached a major new milestone of $69.39 billion at the end of February seeing a 358.9% from $15.12 billion at end of 2023.
The post...
Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence
28.3.2024
In a packed courtroom, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was sentenced to 25 years in prison by Judge Lewis A. Kaplan. The sentencing follows a landmark trial that has captured widespread attention for its revelations of financial misconduct within...
Traders Send $1.4 Million in Solana to New Cryptocurrency Meme Coin Slothana
28.3.2024
In just a few days, traders have poured $1.4 million into an ICO for new Solana meme coin Slothana ($SLOTH), in a bid to try and recapture some of that early potential of the network’s established funny tokens like Slerfs, DogWifHat and Bonk. Solana’s latest meme sensation is a lazy...
Kevin O’Leary Wants To Buy TikTok and Implement Cryptocurrency Features
28.3.2024
Mainstream cryptocurrency adoption is well underway according to recent findings from a Crypto.com report that show global cryptocurrency ownership increased by 34% last year. According to the report, 432 million people owned crypto in January 2023, a number which rose to 580 million by the end...
Woof introduces DAMN, a new token in Shibarium
28.3.2024
Woof, a key figure behind WoofSwap, has introduced DAMN, a new token that is now positioned to spark interest in Sibarium. The token has already gained the tag of being a SOL killer. TVL of $2.45 million has welcomed its introduction, and it has grown by approximately 6.371% over the last month....
Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison
28.3.2024
On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by Matthew Russell Lee of Inner City Press. Judge...