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Extra bullish on XRP? Experts say to invest in these two coins instead
23.10.2023
As the crypto market continues trading sideways, investors are preparing to start buying again in anticipation of a bull run in 2024. To help guide novice investors, analysts have compiled a list of three top crypto coins that promise massive returns in 2023: XRP, Polkadot (DOT), and VC Spectra...
FTX creditor claims heat up as bankruptcy proceedings drive forward
23.10.2023
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday
10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation
23.10.2023
Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top...
Bitcoin’s Daily Transactions See Sharp 46% Decline Since Mid-September
22.10.2023
Over the past 37 days, since September 15, 2023, the number of daily bitcoin transactions has dropped considerably, with the trend of Ordinal inscriptions experiencing a significant slowdown. In the first two weeks of September, the average number of daily transactions confirmed on the Bitcoin...
Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?
22.10.2023
Bitcoin (BTC)'s dominance in the cryptocurrency market has surpassed 49%, reaching its highest level in more than two years.
According to data from CoinGecko, Bitcoin's dominance currently stands at 49.58%, almost three times the dominance of Ethereum (ETH), the second-largest crypto by market...
Morgan Stanley: Crypto Winter May Be Over, Crypto Spring ‘Likely on the Horizon’
22.10.2023
Global investment bank Morgan Stanley believes that “crypto winter may be in the past and that crypto spring is likely on the horizon.” An analyst at the bank explained that historically, most of bitcoin’s gains come directly after a halving event that occurs every four years. Morgan...
Bitcoin core developer steps back from Lightning Network over "hard dilemma"
21.10.2023
Antoine Riard believes the Bitcoin community faces a "hard dilemma" as a new class of replacement cycling attacks threatens the Lightning Network
Bank of Russia Predicts Digital Ruble Won’t End Other Payment Methods
21.10.2023
The Central Bank of Russia does not expect the introduction of the digital ruble to end the popularity of other non-cash and cash payment options. According to statements offered by Alla Bakina, director of the bank’s national payment system department, other non-cash payment options have...
Ethereum Co-Founder, Consensys Sued By Early Employees Over Alleged Equity Promises
20.10.2023
More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined...
Biggest Movers: XRP Surges as SEC Drops Lawsuit Against Ripple’s Senior Management
20.10.2023
XRP was a big gainer on Friday, as markets reacted to the SEC’s decision to drop its lawsuit against Ripple’s management team. The commission previously alleged that CEO Brad Garlinghouse and chairman Chris Larsen had violated securities laws. Solana also surged, rising by over...
FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns
20.10.2023
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial...
LBank Labs Demo Day Marks a Notable Collaboration in Web3 In Partnership With Collab+Currency and Blockchain Builders Fund
20.10.2023
PRESS RELEASE. On October 19, 20, and 23, the blockchain community converged for LBank Labs’ Demo Day, a collaborative effort with Collab+Currency and the Blockchain Builders Fund. The event garnered significant attention, with over 200+ registrants and a turnout of more than 150+ attendees...
MultiversX announces radically improving its SuperApp over X
20.10.2023
MultiversX recently released a string of tweets to announce modifications to its SuperApp. The tweets talked about molding the platform to make it the ultimate multi-account and multi-chain digital wallet. With the modifications, SuperApp will expand its top-notch services for the metaverse, the...
Former ConsenSys Employees Sue CEO Joseph Lubin Over Alleged Equity Dilution
20.10.2023
Former employees of ConsenSys have filed a lawsuit against the company's founder CEO, Joseph Lubin, alleging that he breached a "no-dilution promise" made in 2015.
The lawsuit filed in New York Supreme Court on October 19, claims that Lubin diluted the equity shares of former staff, contrary...
'He broke his word' — Ex-ConsenSys staff sue founder over employee equity deal
20.10.2023
ConsenSys founder Joseph Lubin has been named in a new lawsuit filed in New York by over two dozen former ConsenSys employees
Tesla Maintains $184M Bitcoin Holdings as Elon Musk Flags Concerns Over High Interest Rates
20.10.2023
Tesla’s third-quarter financial statement reveals that the electric car company has not sold any of its bitcoin. Its most recent balance sheet shows that Tesla continues to hold bitcoin valued at $184 million. Meanwhile, Tesla CEO Elon Musk has raised concerns about the high-interest rate...
Billionaire ‘Bond King’ Jeffrey Gundlach Warns US Dollar’s Reserve Currency Status at Risk Due to Rising National Debt
20.10.2023
Renowned billionaire Jeffrey Gundlach, also known as the “Bond King,” has raised concerns over the potential risk to the U.S. dollar’s reserve currency status due to rising national debt. “The future of the U.S. dollar, and possibly out-of-control inflation, depends...
Spider-Man 2’s Graphics Are (Mostly) Improved Over The Original’s
20.10.2023
Like Insomniac’s original Marvel’s Spider-Man, the studio’s new sequel, Marvel’s Spider-Man 2, looks really good. It’s one of those games that just about anyone will look at and go “Wow, what a great-looking game!” But if you dig a bit deeper and compare the original 2018 Spider-Man and its 2023...
Universal Music Group sues Anthropic AI over copyright infringement
19.10.2023
Universal Music Group, Concord Publishing and ABKCO Music & Records alleged that Anthropic “unlawfully” copied and disseminated “vast amounts of copyrighted works” from the publishers
The Four Price Cycles: Morgan Stanley Says the Crypto Winter May Be Over
19.10.2023
Wealth management firm, Morgan Stanley opined that the crypto winter may be over ushering in the spring which indicates a slight boost in market activity.
The company explained key market concepts in a blog post aimed at analyzing the bear market, its implications, and incoming cycles before...