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Stablecoin Market Capitalization Hits $138 Billion as Volume Grows by 4.5% this Month
26.2.2024
The stablecoin market capitalization has soared 1.95% to hit $138 billion in February recording a fifth consecutive monthly growth since September 2023.
The post Stablecoin Market Capitalization Hits $138 Billion as Volume Grows by 4.5% this Month appeared first on Cryptonews
FSB To Focus on Asset Tokenization and AI, Chair Says
26.2.2024
In a letter dated February 20 and released February 26, Knot told G20 finance ministers and central bankers that the global financial stability outlook “remains challenging.”
The post FSB To Focus on Asset Tokenization and AI, Chair Says appeared first on Cryptonews
Seeking Yield on $37M Ether Treasury, JPEG'd DAO Mulls Airdrop Farming
26.2.2024
"There are possibilities to solidify the treasury at low risk," pseudonymous JPEG'd contributor 0xTutti told CoinDesk
Hacker Behind 2023 KyberSwap Attack Moves $2.5 Million From Arbitrum to Ethereum
26.2.2024
In an X post published on February 26, blockchain analytics firm PeckShield noted that the hacker moved 798.8 Ether (worth ~$2.49 million) from Arbitrum to the Ethereum blockchain.
The post Hacker Behind 2023 KyberSwap Attack Moves $2.5 Million From Arbitrum to Ethereum appeared first on Cryptonews
Dechat Accidentally Shares Honeypot Scam Link in Token Announcement
26.2.2024
New Web3 project Dechat has drawn attention after unintentionally sharing a honeypot scam link during its token announcement on February 26. This mistake was brought to the project’s notice by popular crypto investigator ZachXBT.
The post Dechat Accidentally Shares Honeypot Scam Link in Token...
OpenSea NFT Delisting Sparks Retaliatory Move from Game Developers
26.2.2024
OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters. The platform finds itself metaphorically shipwrecked along the digital shores of the Web3 game OpenSeason. This dramatic turn of events comes after OpenSea made the controversial decision to delist the game’s...
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
26.2.2024
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said
Will BlockDAG breakout hit $600 million in 2024 as Ethereum price rises fading Retik Finance price predictions
26.2.2024
In crypto, speculating on the future value of digital assets can seriously be both challenging and thrilling. Occasionally, analysts will venture audacious predictions about future developments, which can pique the interest of backers and supporters. Let’s look at what Retik Finance & Ethereum...
BitForex Halts Withdrawals Without Explanation, Leaves Users in Dark
26.2.2024
Hong Kong-based cryptocurrency exchange BitForex has faced a complete blackout since suspending its website and trading application on February 23
The post BitForex Halts Withdrawals Without Explanation, Leaves Users in Dark appeared first on Cryptonews
Digital Asset Investment Funds Record $598 Million Inflows as Yearly Gains Tap $5.7 Billion
26.2.2024
Digital asset investment funds recorded $598 million in inflows in the last seven days as Assets Under Management (AUM) stands at $67.4 billion.
The post Digital Asset Investment Funds Record $598 Million Inflows as Yearly Gains Tap $5.7 Billion appeared first on Cryptonews
Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations
26.2.2024
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...
Can Frogwifhat Meme Coin Catch Dogwifhat? New Crypto Fair Launch Pumps on Uniswap, Rumours of Big Influencer Backing
26.2.2024
Launched today on Uniswap decentralized exchange, Frog Wif Hat Token ($FWIF) is set to outrun Dogwifhat to be the next meme coin to blow up the crypto internet. The price of $FWIF has pumped 226% in minutes and you can get in on the price action by grabbing the contract address...
PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains
26.2.2024
The PancakeSwap team will invite and approve – on a case-by-case basis – forks of PancakeSwap onto any chain that doesn’t already have PancakeSwap deployed on it.
The post PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains appeared first on Cryptonews
Here’s Why The Nintendo Switch 2 Might Not Launch Until March 2025
26.2.2024
If it feels like you’ve been hearing a lot about the Nintendo Switch 2 recently, it’s because you have. Over the past month or so, a proverbial dam of info about the highly anticipated follow up to the Nintendo Switch has seemingly leaked, including that the console’s launch was delayed to 2025...
Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk
26.2.2024
User deposits on decentralized privacy protocol Tornado Cash are reportedly at risk following the insertion of malicious code in the protocol's back end, according to a Medium post by community member Gas404
Early Uniswap Whale Sold $1M Worth of UNI as Price Surged
26.2.2024
A wallet that received 5.44 million uniswap {{UNI}} tokens in 2020 sold 90,000 UNI worth $1.03 million during Friday's price surge to $12.80
Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage
26.2.2024
The Saudi Arabian government has launched a metaverse to display the country’s cultural heritage which includes history, arts, and crafts.
The post Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage appeared first on Cryptonews
Polygon Spinoff Avail Secures $27M in Seed Funding From Founders Fund, Dragonfly
26.2.2024
Polygon spinoff Avail raised $27m in seed funding led by Peter Thiel’s Founders Fund and Dragonfly, the company announced Monday.
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GBTC Records Lowest Daily Outflows Since ETF Conversion
26.2.2024
Grayscale’s flagship Bitcoin Trust GBTC has just recorded the lowest daily outflows since it converted to an ETF. According to data posted on X by the research arm of crypto exchange BitMEX, GBTC’s outflow on February 23 was just $44.2 million. Bitcoin ETF Flow – 24 Feb 2024...
Michael Saylor's MicroStrategy Purchased an Additional 3K BTC, Now Holds $10B Worth
26.2.2024
MicroStrategy has purchased an additional 3,000 bitcoin {{BTC}} for $155 milllion, bringing the company's total BTC holdings up to $6.09 billion