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Roaring Kitty Return Continues to Fuel Meme Stock and Crypto Frenzy: GME, AMC, and Meme Coins Soar
14.5.2024
On Tuesday, shares of Gamestock and AMC Entertainment Holdings continued to soar, fueled by retail investors following the reappearance of Keith Gill’s online persona, ‘Roaring Kitty.’ This upward momentum also spilled over into the cryptocurrency market, with meme coins like roaring kitty...
Deutsche Bank joins Singapore's asset tokenization project
14.5.2024
Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether
South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds
14.5.2024
South Koreans who received airdrop tokens and prizes from the Bithumb crypto exchange from 2018 to 2021 could face unexpected tax bills.
The post South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds appeared first on Cryptonews
Season of the Meme Coin: Unconventional Cryptos Dominate 3-Month Gains
13.5.2024
Over the past 90 days, bitcoin has appreciated by 23.4%. However, eight other cryptocurrencies have demonstrated significantly larger gains, each recording triple-digit increases over the same period. 90-Day Trends Propel Niche Tokens to New Heights Statistics from the past week show lackluster...
Pudgy Penguins sold 1 million plushies in 12 months, says CEO
13.5.2024
Physical versions of the popular Pudgy Penguin NFT collections are selling like hotcakes
Dogecoin millionaire spends $500,000 on ETFS tokens after presale success
12.5.2024
ETFSwap (ETFS) has sparked great interest among crypto investors after a Dogecoin millionaire moved $500,000 into its highly successful presale. This emerging token seems more than simply another entrant into the cryptocurrency race, with the potential to create the next generation of crypto...
Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain
11.5.2024
She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”
Stablecoin Market Stabilizes at $160 Billion; FDUSD and PYUSD Lead Growth
11.5.2024
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds...
EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable
11.5.2024
Ethereum restaking protocol EigenLayer has initiated its token-claim process, commonly referred to as an "airdrop," for Season 1, Phase 1 rewards.
The post EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable appeared first on Cryptonews
Coingecko Study: Low-Float Cryptocurrencies Make up 21.3% of Top 300 by Market Capitalization
11.5.2024
According to the findings of a Coingecko study, low-float cryptos currently account for 21.3% of the top 300 cryptos by market capitalization. The four cryptos with the lowest float are worldcoin (WLD), cheelee (CHEEL), starknet (STRK), and saga (SAGA) which were all launched in 2023 or 2024....
ByBit to launch Notcoin trading and withdrawals next week
10.5.2024
The community is anticipating the trading launch of Notcoin, although no one knows its price at or after listing
SBI Digital Asset Holdings and Chiliz to launch Fan Tokens in Japan
10.5.2024
SBI Digital Asset Holdings Co., Ltd., the asset branch of SBI Holdings, has revealed a collaboration with Chiliz, a well-known blockchain provider in the sports and entertainment industries, to establish a joint venture in Japan. It is believed that this partnership will enhance the sports...
NFT Trader Loses $145K To BAYC Phishing Scam
9.5.2024
In a phishing fraud run by BAYC, an NFT trader lost tokens valued at more than $100,000. On May 9, the on-chain security platform PeckShield made this announcement, as scams in the cryptocurrency and NFT field continue to cause alarm.
The post NFT Trader Loses $145K To BAYC Phishing Scam appeared...
Tokenization to unlock interoperability across payments, investments
9.5.2024
During the TokenizeThis 2024 event, executives from Ripple and Stellar discussed the latest trends in tokenization, including the blending of payments and investments
AI Crypto Coins Rally Begins Ahead of NVIDIA’s May 22 Earnings, This Lesser-Known Coin Poised for Biggest Surge
9.5.2024
Many crypto tokens attached to top AI/blockchain projects are rallying hard ahead of Nvidia’s earnings report on May 22. Nvidia is the premier AI play in the stock market. The stock has an eye-watering market capitalization of $2.2 trillion and some of the highest returns of any asset....
Optimism streamlines L3 onboarding with gas tokens and plasma mode
9.5.2024
To facilitate the integration of Layer 3 developers into its Superchain network, Optimism will shortly introduce two innovative features: customized gas tokens and plasma mode. The implementation of the newly added features will streamline the registration process for L3s utilizing the OP Stack...
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
9.5.2024
The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution. The project tested the digital version of the Baht and its potential for financial innovation, delivering key lessons...
Ghana Postal Company Launches ‘Crypto Stamp’ to Mark Ascension of Traditional Ghanaian Ruler
9.5.2024
The Ghana Post Company recently launched what it termed the first-ever crypto stamp to commemorate the 25th anniversary of the reign of a ceremonial ruler in Ghana. The managing director of the Ghana Post Company asserted that the crypto stamps would act as a bridge, linking the older and younger...
Coinbase Legal Chief Urges SEC Chair to Stop Misleading the Market About Crypto Tokens Being Securities
9.5.2024
Coinbase’s chief legal officer has publicly urged U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to stop misleading the market regarding crypto tokens being securities. His request followed Gensler’s repeated assertions that numerous crypto tokens conform to...
Trader loses 7-figure sum due to 0L Network hard fork
8.5.2024
“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team