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Digital Asset Funds Record $500 Million Outflows Amid Market Market Decline
29.1.2024
Digital asset investment products have recorded a massive $500 million in outflows in the last seven days following a week of sell-offs as the wider market struggled. A recent CoinShares Digital Asset Weekly Funds Flow Report shows huge outflows across Bitcoin (BTC) and multiple altcoins with...
Bitcoin Mining Firm GRIID Debuts on Nasdaq
29.1.2024
Today, Bitcoin mining company GRIID commenced trading on the Nasdaq stock exchange. In a January 29 press release, the company announced it would begin trading under the ticker symbol ‘GRDI’. “Today marks a significant milestone for GRIID as we begin to trade in the U.S. market,” GRIID...
Over 73% of Europeans Are “Positive” About Crypto’s Future: Report
29.1.2024
A recent survey conducted by Binance found that a majority of Europeans were confident about the future prospects of the cryptocurrency industry. The survey, published by Binance Square on January 29, polled 10,498 users in France, Italy, Spain, and Sweden between October 14 and November 8, 2023....
Binance Labs Claims to Be ‘Unaware’ of Leading $15M SkyArk Chronicles Fundraise
29.1.2024
Image Source: Shutterstock Binance Labs has refuted claims of its involvement in the latest investment round of SkyArk Chronicles’ gaming platform. The venture capital arm of the Binance crypto exchange issued a statement on Monday, clarifying that it did not partake in SkyArk...
Solana Price Prediction as Jupiter DEX Surpasses Uniswap – A New High for SOL Incoming?
29.1.2024
Solana (SOL) price predictions have sudden become much more bullish in wake of the cryptocurrency breaking above key technical resistance levels, and amid a surge in on-chain activity that saw Solana’s largest decentralized exchange (DEX) Jupiter surpass Uniswap in terms of 24-hour trading volume...
Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape
29.1.2024
The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) for the past year. The 2023 analysis examines Ethereum, BNB Chain, Bitcoin,...
DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget
29.1.2024
The crypto insurance protocol is anticipating growth stemming from a recent partnership
Nintendo Reportedly Looking To Manufacture 10 Million Switch 2s In The Next Fiscal Year
29.1.2024
When a new console comes out, it’s often a hellish endeavor trying to get one in the first year. So, with the Switch 2 rumored to drop later this year, prospective buyers will be happy to know that Nintendo is reportedly looking to ensure that if you want a Switch successor, you can get one. Most...
At Least 18 U.S. Senators Show Support for Crypto, Data Reveals
29.1.2024
Recent data from Coinbase’s nonprofit advocacy organization, Stand with Crypto, reveals a growing divide among U.S. senators regarding their stance on cryptocurrency. At least 18 senators in the United States are currently supportive of crypto, while 30 senators stand in opposition. Stand...
3 Blockchain Innovations: Cryptos Leading the Tech Wave in 2024
29.1.2024
As crypto markets rebound in a risk-on macro-environment, blockchain innovations are at the pioneering edge of the emerging tech wave, and now investors are scrambling to discover the best cryptos in 2024. Indeed, the approval of spot Bitcoin ETFs by the Securities and Exchange Commission (SEC)...
Bank of Japan Holds First CBDC Meeting with Key Finance Officials
29.1.2024
Japan’s central bank and the Finance Ministry reportedly had their first meeting to discuss a potential central bank digital currency (CBDC) on Friday. Local outlet NHK News reported that executives from relevant ministries and central bank directors discussed issues regarding a CBDC. The Ministry...
Coinbase Grapples with Regulatory Challenges, Analysts Forecast Volatility Ahead
29.1.2024
Bitcoin’s recent decline of more than 10% following the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) has not only impacted the crypto market but also raised concerns for companies like Coinbase, according to an analyst. Coinbase stock pricing has shown...
PeckShield: Crypto Scams Plummeted 27.78% in 2023
29.1.2024
Blockchain security firm PeckShield has released an overview of the state of cryptocurrency hacks in the last twelve months with over 600 reported cases resulting in losses of $2.61 billion. Impressively, crypto scams saw a drop of 27.78% in 2023. The company disclosed its latest findings in a...
Blockchain Games Reigned Supreme in 2023 + More Crypto News
29.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Banxa Brings Fiat On-Ramps to Sui, Off-Ramps Coming Soon 2023 Crypto News: Blockchain Games Reigned Supreme Last Year Neo Opens Hong Kong Office...
Solana Market Cap set to be Flipped by this rival token currently at a mere $0.09
29.1.2024
In the tumultuous world of cryptocurrencies, few stories captivate the imagination quite like that of Retik Finance. With its presale price currently sitting at a modest $0.09 during presale stage 7, Retik Finance has emerged as a dark horse contender, poised to challenge the dominance of Solana...
Theta Network shares its roadmap for 2024
29.1.2024
Theta Network has sparked excitement in its native community. It has laid down the roadmap for 2024, with Edge Cloud at its center. The hybrid cloud computing platform has taken inspiration from the collaboration between the Network and Google, bringing out the best of Cloud and Edge architecture....
“A Calamity for Human Rights” – Robert F. Kennedy Jr to End CBDC Development if Elected President
29.1.2024
United States Presidential candidate Robert F Kennedy Jr said a Central Bank Digital Currency (CBDC) would lead to government control over personal finances and vowed to end all efforts towards its development. In a recent video posted on X (formerly Twitter), Kennedy highlighted his plans...
Orbiter Finance unveils L2 network with OKX backing
29.1.2024
Orbiter Finance, a rapidly expanding entity within the cryptocurrency industry, has achieved a noteworthy milestone with the addition of more than three million users to its cross-chain bridge. This groundbreaking endeavor facilitates the exchange of assets among rollup networks. The investment...
Chinese Company Issues First $350 Million Tech Innovation Bond Raised in Digital Yuan
29.1.2024
A Chinese infrastructure company has successfully raised $350 million in digital yuan for its new technology innovation bond. According to Shanghai Securities News, the Shandong Hi-Speed Group issued the “Shandong Hi-Speed Group Co., Ltd. 2024 Public Offering to Institutional Investors...
South Korean Web3 Music Service Somesing Loses $11.58 Million in Token Exploit
29.1.2024
Somesing, a popular blockchain-based social karaoke platform in South Korea, has fallen victim to an exploit resulting in the loss of approximately $11.58 million. In a recent Medium post, the platform revealed that 730 million of its native token SSX had been compromised. The attack targeted...