Search
Polymer Labs Secures $23 Million to Build Ethereum’s ‘Interoperability Hub’
25.1.2024
Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control will initially be compatible with its interoperability solution....
Meme Token TRUMP Sent to Donald Trump-Branded Crypto Wallet Now Worth Over $1.1 Million
24.1.2024
Memecoins in a crypto wallet purportedly linked to former U.S. President Donald Trump have risen to over $1 million in just six months. According to data from blockchain analytics firm Arkham Intelligence, the TRUMP meme coins sent to Trump’s alleged crypto wallet were originally worth several...
Ordinals ‘Genesis Cat’ Fetches $254K in Sotheby’s Auction
24.1.2024
“Genesis Cat,” a 1-of-1 digital artwork in the Quantum Cats collection on the Bitcoin blockchain, has achieved a remarkable sale price of $254,000 along with several other notable sales at a recent Sotheby’s auction. ‘Genesis Cat’ Fetches Over Quarter Million...
Valve Made About A Billion Dollars On Counter-Strike Loot Boxes In 2023
23.1.2024
According to new data, it appears that Valve likely made about $1 billion from digital Counter-Strike 2 (previously Global Offensive) cases and keys in 2023. Yes, that’s billion with a “B.” Read more
Socket Retrieves $2.3M in ETH Following Bungee Bridge Exploit
23.1.2024
Source: AdobeStock/Roman Samokhin Interoperable blockchain network Socket has announced the retrieval of 1,032 Ether tokens worth $2.3 million. Announcing this development on X (formerly Twitter), the protocol revealed that these digital funds were linked to the January 16 Bungee Bridge exploit...
Morgan Stanley Sounds Alarm on US Dollar’s Dominance — Says Crypto Could Significantly Alter Currency Landscape
22.1.2024
Morgan Stanley has warned about the risk of the U.S. dollar losing its dominance, fueled by growing interest in digital assets, including bitcoin. Emphasizing that the U.S. dollar’s dominance “is being increasingly scrutinized,” the investment bank stated: “A clear shift towards reducing...
Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy
22.1.2024
Based on the recent report from Arkham Intelligence, the launch of the satoshivm (SAVM) token two days ago saw three adept crypto traders, often referred to as ‘snipers,’ each earning a profit of $1 million. Arkham’s findings revealed that the most proficient of these sniping...
SEC Freezes Assets of Church for Selling Unregistered ‘God-Backed’ Crypto Token
20.1.2024
Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are facing legal action after allegedly defrauding investors of millions of dollars through the sale of an unregistered crypto token, called INDXcoin. The token was marketed to devout Christians as...
ProShares Seeks to Expand Bitcoin ETF Offerings with Five New Leveraged and Inverse Funds
17.1.2024
ProShares has filed prospectus materials for five leveraged and inverse bitcoin ETFs days after the US SEC approved 11 spot Bitcoin ETFs. Spot Bitcoin ETFs trading which began on January 11, has already seen massive trading volumes, reaching billions of dollars. The newly introduced ProShares funds...
Dollar’s Reserve Currency Status Is the United States’ Reward for Controlling the Seas – Billionaire Mike Novogratz
15.1.2024
According to Mike Novogratz, the United States’ control of the seas enables it to maintain the dollar’s reserve currency status. Novogratz suggested that the U.S. and United Kingdom’s joint strikes on Yemen were necessary because they give residents the “benefit of borrowing...
Robert Kiyosaki Raises Alarm on Ballooning National Debt — Urges Investors to Buy Bitcoin
15.1.2024
Rich Dad Poor Dad author Robert Kiyosaki has expressed concerns about the rapid rise in the U.S. national debt, which ballooned by a trillion dollars over a short period. The famous author then urged investors to buy bitcoin alongside gold and silver. Kiyosaki recently doubled down on his...
North Korean Lazarus Group Withdraws $1 Million in BTC Using Mixing Service
9.1.2024
The Lazarus Group, one of the most infamous cryptocurrency hacking collectives, has made one of its largest cryptocurrency withdrawals in over a month. According to Arkham, an on-chain intelligence exchange system, the group withdrew a million dollars worth of bitcoin from one of its addresses...
Grayscale’s Bitcoin Trust (GBTC) Outpaces Majority of ETFs with Half a Billion in Trading Volume
9.1.2024
Image by Ascannio, Adobe Stock Grayscale’s Bitcoin Trust (GBTC) has demonstrated significant trading volume, surpassing the majority of existing exchange-traded funds (ETFs). According to industry expert Eric Balchunas, the fund traded close to half a billion dollars on January 8, outshining...
Decentralized Exchanges Near Trillion-Dollar Milestone: A Year of Record Volumes
5.1.2024
Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $132.26 billion, concluding the month with $135.86 billion in finalized...
Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task
4.1.2024
Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S
Bitcoin Price Prediction as ETF Decision Approaches – Buy the Rumors, Sell the News?
1.1.2024
In the ever-shifting landscape of cryptocurrency, Bitcoin (BTC/USD) stands at a crucial juncture, currently trading at $42,279 with a modest increase of 0.28% on Monday. As the market eagerly anticipates the decision on the debut of a Bitcoin ETF, a development that might initially seem...
Maelstrom CIO Arthur Hayes Alerts Big Banks Will Eventually Cannibalize Tether’s Business Model
31.12.2023
Arthur Hayes, CIO of Maelstrom and former CEO of Bitmex, discussed the eventual demise of Tether and other stablecoin companies. Hayes explained that Tether’s business model, which consists of taking dollars and investing in treasuries, will eventually be cannibalized by big banks like...
SEC’s Cash Only Restriction for Spot Bitcoin ETF Is Nonsense, Says Vaneck Director
30.12.2023
A director of digital assets strategy at asset management firm Vaneck says the U.S. Securities and Exchange Commission (SEC)’s cash-only requirement for spot bitcoin exchange-traded funds (ETFs) is “nonsense.” He predicted that it would not hold out for long since publicly listed...
Economist Warns the Demise of US Dollar Hegemony Is ‘Really Upon Us’
29.12.2023
Economist Stephanie Pomboy has warned that the “demise of the U.S. hegemony is really upon us,” emphasizing that the Biden administration and many U.S. policymakers in Washington “are just sleeping right through it.” She pointed out that a growing number of nations...
Ark Invest CEO Cathie Wood Expects Spot Bitcoin ETFs to Boost BTC Price ‘Significantly’
29.12.2023
Cathie Wood, CEO of Ark Investment Management, foresees widespread institutional involvement in spot bitcoin exchange-traded funds (ETFs) following anticipated approval by the U.S. Securities and Exchange Commission (SEC). “All we need is for the trillions of dollars in institutional assets...