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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.
The post Polygon Spinoff Avail Secures $27M in Seed Funding From Founders Fund, Dragonfly appeared first on Cryptonews
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
Blast Ecosystem’s ‘RiskOnBlast’ Rug Pulls $1.3M Ether in Apparent Scam
26.2.2024
Concerns arise as RiskOnBlast, a gambling platform on Blast layer-2, vanishes along with funds and online presence, hinting at a potential rug pull—marking the first of its kind on Blast.
The post Blast Ecosystem’s ‘RiskOnBlast’ Rug Pulls $1.3M Ether in Apparent Scam appeared...
Helium’s HNT Price Drops 5.3% Amid Buzz Around Sponge V2 Launch on Exchanges
26.2.2024
In a move sending shockwaves through the DePin markets, the decentralized Internet Of Things network Helium has seen a shocking -5.3% price drop in 24 hours. This article will analyze HNT’s current price trends and look to see whether a newer meme coin, SPONGE V2, represents a more promising...
BitForex Website Goes Dark Amid Reported $57M Outflow
26.2.2024
Users of cryptocurrency exchange BitForex have been blocked from accessing the website. Blockchain sleuth ZachXBT reported that $57 million has been drained out of the exchange's hot wallets
After Years of Upheaval, Neo-Plasma Looks Set to Ease Ethereum Transaction Fees
26.2.2024
In the early days of blockchain, as the industry was starting to make waves with the greater public, Ethereum was growing into a thriving ecosystem.
The post After Years of Upheaval, Neo-Plasma Looks Set to Ease Ethereum Transaction Fees appeared first on Cryptonews
Ethereum Price Prediction as ETH Surpasses $3,000 Resistance – What’s the Next Target?
26.2.2024
The world’s second-biggest cryptocurrency by market capitalization, Ethereum (ETH), is holding the fort above $3,000 after crossing this psychologically important threshold yesterday afternoon, according to data by CoinGecko. Due to its high-functionality contracts, Ethereum is crypto’s...
Blockchain Investigator ZachXBT Retrieves Most of $177K Stolen DeGods NFT Funds
26.2.2024
Pseudonymous on-chain researcher ZachXBT has successfully recovered the majority of funds from the sale of a rare DeGods non-fungible token (NFT).
The post Blockchain Investigator ZachXBT Retrieves Most of $177K Stolen DeGods NFT Funds appeared first on Cryptonews
Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers
26.2.2024
"We are going to follow Uniswap's lead in proposing it. It will be up to the community to pass it," Frax's CEO Sam Kazemian told CoinDesk
Chinese Authority Warns of Fake Digital Yuan App Scam
26.2.2024
Chinese Ministry of Industry and Information Technology cautions against counterfeit digital yuan apps as scam tactics evolve, urging the public to verify through official channels.
The post Chinese Authority Warns of Fake Digital Yuan App Scam appeared first on Cryptonews
MicroStrategy’s X Account Hacked, Leads to $440K Crypto Being Stolen: Blockchain Sleuth ZachXBT
26.2.2024
The phishing attempt has already led to $440,000 worth of crypto being stolen
Texas Miners’ Lawsuit Spurs EIA to Temporarily Halt Bitcoin Miner Survey
26.2.2024
A US judge has temporarily halted the Energy Information Administration's (EIA) attempt to enforce a mandatory survey on Bitcoin miners.
The post Texas Miners’ Lawsuit Spurs EIA to Temporarily Halt Bitcoin Miner Survey appeared first on Cryptonews
Russian Parliament Set to Approve Use of ‘Digital Assets’ in International Payments
26.2.2024
Russian parliament members could this week approve legislation that will allow firms in the nation to use “digital financial assets” in the international payments space.
The post Russian Parliament Set to Approve Use of ‘Digital Assets’ in International Payments appeared first on Cryptonews
OANDA Opens FCA-Registered Crypto Trading Platform in the UK
26.2.2024
OANDA Crypto is the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, Ether, and Ripple
Is Crypto a Security? South Korean Courts Can’t Decide – and It’s Causing Legal Backlogs
26.2.2024
“Is crypto a security?”– South Korean courts cannot seem to decide on the answer, and a new report claims the conundrum is causing a legal backlog.
The post Is Crypto a Security? South Korean Courts Can’t Decide – and It’s Causing Legal Backlogs appeared first on Cryptonews
Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022
25.2.2024
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with...
China’s National Prosecutor Takes Action Against Blockchain Cybercrimes
25.2.2024
China's highest prosecutorial authority is stepping up efforts to combat the growing wave of cybercrimes by targeting criminals who exploit blockchain and metaverse projects for illegal activities.
The post China’s National Prosecutor Takes Action Against Blockchain Cybercrimes appeared...
SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting
25.2.2024
Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible token (NFT) marketplace SBINFT, has said....