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Blast’s Rebasing Stablecoin USDB Now Ranks 9th Among Dollar-Pegged Crypto Tokens
12.6.2024
A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed by the Blast team. Despite the stablecoin economy being underwhelming over the past 30 days, USDB has quietly secured the ninth-largest market capitalization among...
US Bitcoin ETFs See $200 Million Outflow; Grayscale Leads With $121 Million
12.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $200.31 million in outflows on Tuesday following the $64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with a $121 million reduction. Spot Bitcoin ETFs Lose Ground Spot bitcoin ETFs have recorded...
Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says
12.6.2024
The two industries could add a collective $20 trillion to global GDP by 2030, the report said
DePINs are a proven path to crypto mass adoption — XYO co-founder
12.6.2024
XYO co-founder Markus Levin argues that DePINs can make AI more trustworthy, empower users and businesses alike, and usher in blockchain mass adoption
Crypto market witnesses 270.4M selloff in the form of liquidations
12.6.2024
Bitcoin, the largest cryptocurrency by market cap, showed a downward trajectory very recently. Ethereum also showed a similar trend, and the selloff resulted in around $270.4 million liquidation. Binance is the top crypto exchange that featured $99.7 million in total liquidations, and the GMCI...
Zimbabwe consults crypto firms on virtual asset regulation needs
12.6.2024
The Zimbabwean government hopes to create a regulatory structure tailored to country’s specific needs and conditions
MetaMask enables pooled staking for Ethereum holders
12.6.2024
MetaMask said that 99% of ETH holders do not have the required 32 ETH to participate in Ethereum staking
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
12.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud
Zimbabwe Is Seeking Comments on the Crypto Industry: Report
12.6.2024
Zimbabwe is seeking comments from the crypto industry as it tries to understand the sector more
Crypto Hacks Net $19B Since 2011 and Illegal Activity on Blockchain Is Still Growing
12.6.2024
Almost $19 billion worth of cryptocurrency has been stolen in thefts dating back to 2011 as the industry continues to grapple with rising blockchain-related crime, according a report from Crystal Intelligence
Crypto downturn nukes $190M leveraged positions as traders eye CPI data
12.6.2024
The liquidation comes just a few days after the crypto market recorded a $400 million liquidation on Friday
How this mid-cap token can 10x your crypto portfolio
12.6.2024
As crypto and blockchain move towards greater institutional adoption and mass embrace, the demand for layer-1 blockchains would see a massive jump. With entrants like BlackRock, MicroStrategy, VanEck, Grayscale, etc, supporting the vision and might of crypto, investors are seeing a huge possibility...
Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’
12.6.2024
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear...
How to generate passive crypto income with masternodes
12.6.2024
Masternodes enable investors to earn a steady passive income by contributing a vast amount of computing power to a blockchain network
ZkSync hit with claims of ‘almost no Sybil filtering’ in slated token airdrop
12.6.2024
Mudit Gupta from zkSync rival Polygon said the ZK token airdrop could be the most “farmed airdrop ever,” claiming it lacks anti-bot measures
Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet
12.6.2024
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing...
In Conversation With Brian Nelson
12.6.2024
Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department's money laundering watchdog – announced a proposal to label crypto mixers as a "primary money laundering" concern, a move that alarmed a broad swath of the crypto industry. Treasury Under Secretary...
BlockDAG’s future-proof strategy: Understanding its advantages over Floki and Fantom for long-term investments
12.6.2024
Navigating the cryptocurrency sea can be quite treacherous. Making a prudent decision on the best cryptocurrency to invest in requires understanding the current and future potentials of various crypto platforms. In this unstable environment, BlockDAG stands out. Recently, the Network launched...
Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars
12.6.2024
Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price...
Dormant Bitcoin wallet moves $536M after over 5-year hiatus
12.6.2024
The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin