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GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow of $58M
17.4.2024
Grayscale GBTC experienced a net outflow of $79.38 million from Bitcoin spot ETFs, contributing to its historical net outflow of $16.46 billion, while BlackRock ETF IBIT saw a net inflow of approximately $25.78 million.
The post GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow...
GTA VI Publisher Cancels $140 Million In New Projects And Lays Off Hundreds
17.4.2024
Grand Theft Auto VI publisher Take-Two Interactive announced massive cuts in an SEC filing at the end of business today. The company revealed it will lay off 5 percent of its roughly 11,000-strong workforce and has cancelled several in-development projects valued at $140 million in an effort...
Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs
16.4.2024
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $159.25...
Drift Foundation Announces 100 Million Token Airdrop for Solana-Based Dex Users
16.4.2024
On April 16, 2024, the Drift Foundation, which supports the Solana-based decentralized exchange (dex) platform Drift, disclosed plans to distribute 100 million tokens to its users. The tokens will function as the platform’s governance coin, to be utilized by the community and the Drift...
Dogecoin20 Presale Sells Out After Unprecedented Demand, Team Brings Claim Date and DEX Launch Forward
16.4.2024
Unprecedented demand, together with the price-pumping allure of Doge Day (which falls the same day as Bitcoin’s highly-anticipated halving on Saturday), has brought Dogecoin20’s DOGE20 presale to an early conclusion after raising over $10 million, according to a new announcement on X. #DOGE20...
OKX and Polygon Collaborate to Launch X Layer Public Mainnet
16.4.2024
OKX, in partnership with Polygon, has launched the X Layer public mainnet, a new ZK Layer-2 solution designed to enhance Ethereum-based transactions for OKX’s 50 million users.
The post OKX and Polygon Collaborate to Launch X Layer Public Mainnet appeared first on Cryptonews
Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme
16.4.2024
United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in cryptocurrencies such...
Worldcoin Faces Over $1 Million in Fines in Buenos Aires for Legal Violations
15.4.2024
Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users’ digital information. Buenos Aires considers that the company exposes users to several unfair...
‘UFC’ Token Goes Viral After Shooting Up 27,000% as New Doge-Themed Coin Attracts $4.3 Million
15.4.2024
In the latest Solana meme coin pump, the new meme coin – Ultimeme Fighting Championship (UFC token) – has exploded +27,000%. This article will provide an analysis of UFC’s current price trends and look to see whether an innovative multi-chain meme coin, Dogeverse, represents a more...
With 50,000x ROI Potential, BlockDAG Outperforms the Latest ETH Price Analysis and Kaspa Killer Comparison
15.4.2024
As Ethereum’s price rally aims for the $4K mark and Kaspa sees a notable 3% rise, BlockDAG stands out with its remarkable presale. With its recent release of an innovative technical whitepaper, experts are forecasting a staggering 50,000x ROI for BlockDAG investors. It has already secured...
Investor Caution Persists as Digital Asset Investment Products See $126M in Outflows
15.4.2024
Digital asset investment products witnessed minor outflows amounting to $126 million in the past week as investors displayed hesitancy amidst a stalled positive price momentum.
The post Investor Caution Persists as Digital Asset Investment Products See $126M in Outflows appeared first on Cryptonews
Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football Club
15.4.2024
Winklevoss Capital, an investment firm founded by the twin brothers Cameron and Tyler Winklevoss has invested $4.5 million in a non-league football club which is owned by crypto podcaster Peter McCormack.
The post Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football...
DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital
15.4.2024
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures.
The post DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital appeared first...
$3 million in four days – Multichain meme coin conquering the crypto markets
15.4.2024
In an unprecedented display of market performance, Dogeverse, a newly launched meme coin, has swiftly captivated the crypto community by amassing over $3 million in market capitalization within just four days of its release. This surge not only highlights the growing appeal of meme coins in...
Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts
15.4.2024
Digital ruble rollout plans could cost the Russian banking sector a total of $536 million per year, financial analysts have claimed.
The post Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts appeared first on Cryptonews
Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report
12.4.2024
Driven by the crypto rally, Bitget's Q1 2024 trading volume reached $1.6 trillion, a 100% increase from Q1 2023. The centralized exchange listed 186 new tokens and attracted over 25 million users.
The post Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report...
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator's Request
12.4.2024
An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol
Dogecoin loses support while new Dogeverse presale hits $2 Million in three days
12.4.2024
The meme coin craze took off in 2024 and ramped up as Dogecoin Day approached. “Doge Day” is April 20, a special date for all meme coins on the market. Considering it’s just a week away, now is the perfect time to invest, as a handful of meme coins will likely explode in...
Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million
12.4.2024
According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of 24-karat gold a popular choice for investors, who take advantage of 2% over market...