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Digital Asset Investment Products Attract $646M, Pushing YTD Inflows to Record $13.8B
8.4.2024
A total of $646 million poured into crypto products last week, pushing the year-to-date inflows to an unprecedented $13.8 billion and surpassing the previous year's total of $10.6 billion.
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PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos
8.4.2024
According to Paxos' most recent transparency report on PayPal USD, the circulation of PYUSD in March totaled $188.5 million, marking a 39% decrease compared to the previous month.
The post PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos appeared first on Cryptonews
‘TESLA’ Token on Solana Explodes 45,398% in a Day, Anticipation Builds for New $10 Million Dog-Coin Listing
8.4.2024
Despite congestion over the weekend, the Solana meme coin markets are back with a bang this morning, as the new Tesla token explodes +45,298%. This article will provide an analysis of TESLA’s current price trends and look to see whether a viral dog coin, Dogecoin20, represents a more promising...
Bug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million
7.4.2024
A bug in the smart contract of Lido’s discontinued Solana staking service is reportedly preventing users from withdrawing digital assets valued at more than $24 million. Lido attributes this issue to “a problem with the maintainer bot and the recent update of rent-exempt terms for Solana...
Genesis Converts GBTC Shares into Bitcoin: Acquires 32,000 BTC in Major Move
6.4.2024
Bankrupt crypto lending firm Genesis has converted approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin as part of preparations to settle its debts with creditors.
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BlockDAG’s $13.2 million leap causes a buzz amid the Cardano crash and FLOW forecast
6.4.2024
With the Cardano crash affecting investor sentiment, the market is cautious about the fluctuating FLOW price prediction. Yet, the spotlight turns to the BlockDAG (BDAG) project, hailed as the best crypto investment, where innovations like the DeFi payment card are revolutionizing transactions. ...
Is It Too Late to Buy Bitcoin Cash? BCH Price Surges as New VR Token Secures $3.9M
5.4.2024
Altcoin fans are delighted after Bitcoin Cash (BCH) hit a three-year high of over $700 today; at the same time an ongoing ICO for a new VR token raised $4 million. The last time BCH traded above $700 was on September 5, 2021, when the price was $711.56, according to data by CoinGecko. Source:...
Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval
5.4.2024
Prisma Finance has unveiled a strategy to cautiously restart operations following a hack that resulted in a loss of $11.6 million and prompted a temporary pause of the platform on March 28.
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Paradigm Tries Again at Crypto: Seeks to Raise at Least $750 Million to Launch New Fund
5.4.2024
Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with third parties to launch a $750 – $850 million crypto-focused investment fund, the largest since its previous $2.5 billion...
Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion
5.4.2024
Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round.
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Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant
4.4.2024
The number of coins available on Bitcoin exchanges has steadily fallen since the collapse of FTX.
The post Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant appeared first on Cryptonews
US Government Pledges $3.6M to Build Cybersecurity Workforce
4.4.2024
On April 3, the US government promised cooperative agreements worth roughly $3.6 million to build a workforce skilled in cybersecurity, shielding companies from potential cyberattacks.
The post US Government Pledges $3.6M to Build Cybersecurity Workforce appeared first on Cryptonews
Galaxy Digital to Debut $100 Million Crypto Fund Initiative
4.4.2024
Galaxy Digital, a cryptocurrency venture capital firm, is in talks with third parties to launch its first cooperative crypto investment fund. The fund, called Galaxy Ventures Fund I, LP, will focus on crypto projects still in their early stages and is seeking to raise and allocate $100 million...
BlockDAG’s 20,000x ROI potential and $2 million giveaway outshines Floki Inu & Toncoin
4.4.2024
The cryptocurrency world is always buzzing with new opportunities, and savvy investors are always looking for the next big thing. Floki Inu price predictions and Toncoin staking discussions dominate forums, reflecting the community’s eagerness to identify the next big thing. BlockDAG shines...
Crypto Experts Stack Up on Novel VR Crypto Token – How Does it Work?
4.4.2024
Metaverse gaming token 5SCAPE is a quarter of the way towards its target of raising an eye-watering $15 million in an ongoing presale. The ICO is only on round 4 of a dozen so far and has already raised $3,842,843, which equates to just a fraction over 25% of the target since the presale launched...
Green Bitcoin Launches on Uniswap DEX April 5, Announces Imminent CEX Listing
4.4.2024
A new eco-friendly Bitcoin alternative called Green Bitcoin (ticker: GBTC) is getting listed on Uniswap at 1PM UTC Thursday, April 5, 2024, ahead of a major update and CEX listing in the following days. Eco-friendly Bitcoin alternative Green Bitcoin (GBTC) raised a tidy $9.6 million over...
Hacker Behind $320 Million Wormhole Bridge Exploit Initially Eligible for $50,000 Airdrop
4.4.2024
The hacker responsible for the notorious $320 million Wormhole bridge exploit in 2022 was initially eligible for the recent W airdrop.
The post Hacker Behind $320 Million Wormhole Bridge Exploit Initially Eligible for $50,000 Airdrop appeared first on Cryptonews
Next Big Thing in Crypto? Why Everyone’s Racing to Get This Unlisted Web3 VR Token
3.4.2024
Web3 token 5SCAPE is well on track to achieving its target of raising an eye watering $15 million in an ongoing presale. The ICO is only on round 3 of a dozen so far and has already raised $3,674,797, a hefty 24.5% of the target. 5SCAPE has a leg over all the competition, because it’s...
Paradigm Targets Over $750 Million in Upcoming Fundraising Effort
3.4.2024
Crypto venture capital firm Paradigm is reportedly in discussions to gather between $750 million and $850 million for a new fund dedicated to crypto investments.
The post Paradigm Targets Over $750 Million in Upcoming Fundraising Effort appeared first on Cryptonews
Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time
3.4.2024
Cathie Wood's ARK 21 Shares Bitcoin ETF has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale's Bitcoin Trust (GBTC).
The post Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time...