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Decentralization Dilemma: Blockchain Games Require Data For User Acquisition
29.3.2024
Web3 games continue to dominate on-chain activity. According to DappRadar’s recent Game Report, blockchain games accounted for 34% of decentralized application (Dapp) activity last year. The report also notes that Web3 games attracted 1.1 million active daily users in 2023. Source: DappRadar...
Former FTX Executives and Promoters To Pay $1.35 Million in Lawsuit Settlement Deal
29.3.2024
Former executives and promoters of crypto exchange FTX have agreed to settle a class action following founder Sam Bankman-Fried's sentencing Thursday, court documents filed yesterday show. Former head of engineering for FTX, Nishad Singh, Alameda Research CEO, Caroline Ellison, chief technological...
Prisma Finance is up against the siphoning of $12 million
29.3.2024
Prisma Finance, a DeFi protocol that releases stablecoins supported by Ethereum liquid staking and re-staking tokens (LRTs), loses $12 million through a cyber attack. Initially noticed by Cyvers, a company in the field of blockchain safety, the hackers were able to empty the amount of 3,258...
UK Court Freezes £6 Million of Craig Wright’s Assets to Prevent Evading Court Costs
29.3.2024
A UK judge has froezen Craig Wright's assets, who falsely claimed to be the creator of Bitcoin, from evading court costs.
The post UK Court Freezes £6 Million of Craig Wright’s Assets to Prevent Evading Court Costs appeared first on Cryptonews
$62 Million Munchables Hack: Rogue Developer Returns All Funds, No Ransom Demanded
29.3.2024
Web3 gaming app, Munchables, announced on March 27 that an individual who exploited the system agreed to return the stolen funds without a ransom demand. This announcement came just hours after a former developer siphoned off more than 17,400 ethereum coins by gaining access to the Munchables lock...
Cleanspark’s Stock Tumbles 10% After Plans to Sell $800 Million in Shares
29.3.2024
Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion market capitalization. The adjustment from an initial...
CDPR Says Cyberpunk 2077 Has Made $750 Million So Far
28.3.2024
The redemption tour that Cyberpunk 2077 has been on since it was fixed up into a playable state has turned in some huge sales numbers. Developer CD Projekt Red recently revealed that the once-maligned-but-now-refined sci-fi first-person shooter has raked in over $750 million since the game’s...
Ethereum regains NFT lead with US$17.02 million daily sales
28.3.2024
Ethereum reclaimed its prior position as the market leader among blockchain non-fungible tokens. The product achieved a sales volume of $17.02 million. Sales on this platform have increased by as much as 39.19% in the twenty-four hours leading up to 2:00 pm, according to data compiled...
Traders Send $1.4 Million in Solana to New Cryptocurrency Meme Coin Slothana
28.3.2024
In just a few days, traders have poured $1.4 million into an ICO for new Solana meme coin Slothana ($SLOTH), in a bid to try and recapture some of that early potential of the network’s established funny tokens like Slerfs, DogWifHat and Bonk. Solana’s latest meme sensation is a lazy...
Kevin O’Leary Wants To Buy TikTok and Implement Cryptocurrency Features
28.3.2024
Mainstream cryptocurrency adoption is well underway according to recent findings from a Crypto.com report that show global cryptocurrency ownership increased by 34% last year. According to the report, 432 million people owned crypto in January 2023, a number which rose to 580 million by the end...
Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange
28.3.2024
Prisma Finance, a leading decentralized finance (DeFi) protocol, was the victim of a sophisticated hack involving FixedFloat, which resulted in a loss of $9 million.
The post Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange appeared first on Cryptonews
KuCoin Announces $10 Million Airdrop Amidst US Justice Department Charges
28.3.2024
KuCoin has announced a $10 million airdrop of Bitcoin and its native KuCoin (KCS) token to their loyal customers.
The post KuCoin Announces $10 Million Airdrop Amidst US Justice Department Charges appeared first on Cryptonews
Western Europe Sees 1.5 Million in Daily Crypto Traders Amid Market Rebound: Bitget
28.3.2024
Western Europe has emerged as a leading region in global cryptocurrency adoption, attracting a substantial number of daily traders, ranging from 1.2 million to 1.5 million individuals.
The post Western Europe Sees 1.5 Million in Daily Crypto Traders Amid Market Rebound: Bitget appeared first...
BlockDAG leads the presale race: $9.9 million and 5.4 billion coins ahead of Theta and LEO
28.3.2024
Theta Network and UNUS SED LEO (LEO) have undeniably made their mark in a landscape buzzing with innovative blockchain projects. However, BlockDAG emerges as a standout contender amidst this competition, capturing attention with its remarkable success in presale rounds. With $9.9 million raised...
Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion
28.3.2024
Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders...
Web3 Gaming Platform Elixir Raises $14M Funding From Solana Foundation and Square Enix
28.3.2024
Web3 gaming platform Elixir Games has raised a $14 million seed funding round from Square Enix, the Solana Foundation and Shima Capital, and others.
The post Web3 Gaming Platform Elixir Raises $14M Funding From Solana Foundation and Square Enix appeared first on Cryptonews
Dogecoin surges 17% amidst rising crypto momentum, new meme coin ICO hits 8 million!
28.3.2024
In an electrifying week for cryptocurrency enthusiasts, Dogecoin, the original meme coin, has seen a remarkable surge of 17%, buoyed by a wave of positive sentiment across the crypto markets. This uptick coincides with the successful Initial Coin Offering (ICO) of Dogecoin20, a new entrant in...
Ethereum Network Achieves One Million Validators, Securing $114 Billion in Staked Ether
28.3.2024
The Ethereum network has surpassed one million validators, with approximately 32 million Ether, worth around $114 billion, staked within the network.
The post Ethereum Network Achieves One Million Validators, Securing $114 Billion in Staked Ether appeared first on Cryptonews
BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg
28.3.2024
The BlackRock USD Institutional Digital Liquidity Fund BUIDL, leveraging Ethereum blockchain, garners significant interest, amassing $240 million in the first week after launch.
The post BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg appeared first on Cryptonews
BlackRock’s IBIT Reports Another $320M in Inflows, Larry Fink Hails it as “Fastest-Growing ETF Ever”
28.3.2024
BlackRock's iShares Bitcoin Trust (IBIT) continues to gain traction in the cryptocurrency market, with recent data revealing a significant influx of $320 million in new investments.
The post BlackRock’s IBIT Reports Another $320M in Inflows, Larry Fink Hails it as “Fastest-Growing...