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Degen Chain Outage: Network Restored, L3 Debate Reignited
15.5.2024
Degen Chain, a prominent Ethereum layer-3 blockchain, experienced a two-day outage due to a configuration error, which affected its network and native DEGEN token. Explore the details of the disruption and its implications for layer-3 networks.
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Ethereum Price Prediction as Mysterious Wallet Buys Up 29,000 ETH – Bullish Signal?
15.5.2024
The Ethereum (ETH) price is picking up on Wednesday amid a broader rally across crypto and traditional asset markets following US CPI data, with some traders focusing on a mysterious wallet that just scooped up 29,000 ETH, and some are interpreting as a bullish signal.
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FTX Gets Backlash Despite Planned Full Repayment Plus Interest
15.5.2024
FTX is planning to repay customers, but the plan is facing a backlash from creditors. The plan involves paying creditors in US dollars based on their account value at the time of FTX's collapse, not the current market value of their crypto holdings. This has caused outrage among creditors who feel t...
Congressman Wiley Nickel Slams SEC’s “Open Hostility” Towards Digital Assets, Urges Gensler To Rescind SAB121
15.5.2024
Congressman Wiley Nickel (D-CA) is criticizing United States Securities and Exchange Commission (SEC) Chair Gary Gensler over SAB121 and the agency’s “open hostility” towards crypto, a Wednesday letter to Gensler from Congressman reveals. Nickel's letter comes amidst the controversial staff...
HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?
15.5.2024
Concerns were raised regarding Huobi Global (HGBL) Hong Kong Limited's capacity to conduct lawful business in the area on May 14 when the HTX subsidiary withdrew its application for a cryptocurrency trading licence from Hong Kong's Securities and Futures Commission (SFC) for the second time.
The...
Floki Inu Price Prediction as FLOKI Lists on Revolut Business – Is an ATH on the Way?
15.5.2024
Meme coin markets are in overdrive, and Floki Inu is on the climb, with FLOKI bulls now targeting a new all-time high after an aggressive upside move triggered by Revolut. It’s no secret that dog-coins are here to stay. In fact, the unique staying power of Dog-themed cryptocurrencies...
Worldcoin Turns Red: WLD Price Falls 18% as Money Shifts to Competing AI Project
15.5.2024
Worldcoin ($WLD), the blockchain project helmed by OpenAI’s Sam Altman, has fallen nearly 20% in the last two weeks and 6.4% overnight despite other leading cryptocurrencies posting green candles. The WLD token currently trades for $4.83. That’s 59% short of its all-time high (ATH)...
Tether’s USDT Implicated in $2B Illegal Foreign Exchange Scheme in China – Regulation Coming?
15.5.2024
On May 15, a few people suspected in an underground banking operation were arrested by Chinese police in Sichuan province. They have been charged in facilitating illegal foreign currency transactions involving around $2 billion worth of Tether's USDT.
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Bitcoin Price Pumps 5% to $65K After CPI Data – Can BTC Break Out of Its Current Range?
15.5.2024
The Bitcoin (BTC) price surged more than 5% back to the $65,000 level on Wednesday in wake of US CPI inflation data that showed moderating price pressures in April, supporting bets that the Fed will be able to ease interest rates a few times before the end of 2024.
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Louis Vuitton-Affiliated Château d’Esclans And BlockBar To Sell $22,000 NFT Rosé Barrel
15.5.2024
Louis-Vuittion (LVMH) owned wine producer Château d'Esclans and spirits-focused blockchain marketplace BlockBar have launched an NFT edition of the wine maker’s famed Garrus rosé, according to a Monday announcement from BlockBar. The news marks the latest venture by LVMH to expand the company's...
Solana Meme Coin Bulls Target 185% ROI on SLOTH as Top 10 CEX Listings Rumor Spreads
15.5.2024
Wednesday, May 15, 2024 – Solana meme coin Slothana ($SLOTH) has been making new all-time highs as it pulls in buyers eager to take pole position for even bigger gains to come. Currently priced at $0.035, $SLOTH was trading as high as $0.0565 at the beginning of the week. Now bulls are targeting...
Mercedes-Benz NXT Partners with Mojito to Launch New NFT Collection
15.5.2024
Mercedes-Benz NXT's new collection, 'The Era of Technology,' is the second of seven eras in the company’s 'Icon' series.
The post Mercedes-Benz NXT Partners with Mojito to Launch New NFT Collection appeared first on Cryptonews
Crucible to Launch 3D Emergence Marketplace for Interoperable Game Assets
15.5.2024
Crucible has announced a novel 3D on-chain marketplace set for launch this Summer.
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Trending New Solana GameFi Token Mega Dice Smashes $1M Raise in Crypto Presale
15.5.2024
Trending new Solana GameFi token Mega Dice ($DICE) has smashed through the $1 million milestone in its ongoing presale. On sale at an initial price of $0.069, the $DICE presale price has today risen to $0.075, representing an 8.6% hike. Moving quickly now will secure buyers the lowest possible...
KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance
15.5.2024
Kucoin has made the decision to suspend all naira-based P2P trading in response to increased scrutiny from Nigeria's regulatory authorities.
The post KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance appeared first on Cryptonews
Cypher Protocol Developer Confesses to Stealing $300,000 in User Funds and Gambling Away
15.5.2024
A pseudonymous developer at Solana-based Cypher Protocol has confessed to stealing approximately $300,000 worth of user funds and gambling them away.
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Shiba Inu Price Prediction as Analysts Spot Bull Flag Formation – Is a Rally Imminent?
15.5.2024
SHIB has risen by 2% today, with the Shiba Inu price touching $0.00002399 on a day when the crypto market gains by 0.5% in the past 24 hours.
The post Shiba Inu Price Prediction as Analysts Spot Bull Flag Formation – Is a Rally Imminent? appeared first on Cryptonews
Bitcoin in April: Halving Price Fallout, Network Peaks and ETF Updates
15.5.2024
In April 2024, Bitcoin faced its sharpest price drop since the FTX collapse, with halving charts in focus, but network activity soared to record highs, driven by new protocols and ETF developments. This report explores and analyzes Bitcoin's ecosystem and the BTC price developments last month.
The...
Post-FTX crypto industry needs education before regulation: Former Biden advisor
15.5.2024
“What I preach for is regulation that protects and prevents but does not cripple and destroy [innovation],” the senior adviser told Cointelegraph
Sonne Finance Suffers $20M Exploit, Hacker Flees
15.5.2024
Lending protocol Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC, and flees.
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