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Orbit Chain hacker moves $48 million online via Tornado Cash

10.6.2024
The hacker behind the theft of $48 million from Orbit Bridge has returned to the scene with the intention of transferring the funds using Tornado Cash. Incidentally, the figure hacked has now reached the value of $121 million, having passed a substantially long period.  For those who...

The road to $0.0001: Will Bitgert make it this bull run?

10.6.2024
Experts from the crypto market believe that the market has reached its bottom and things will only get better from here. Bitcoin is back to $71K and is holding the mark steadily. Bitgert, one of the investor’s favourite tokens has been constantly growing throughout the dips and correction...

Kraken gears up for an IPO with a $100M fundraising target

7.6.2024
Kraken, one of the world’s largest cryptocurrency exchanges, is making strategic measures in advance of its highly anticipated initial public offering (IPO). The company aims to raise $100 million in a final fundraising round before going public, signaling a major milestone in its growth...

HULK meme coin lost $15 million in market cap

7.6.2024
The HULK meme coin lost roughly $15 million in market capital. This happened after Hulk Hogan, a WWE wrestler, first allegedly promoted the Solana-based meme token and then deleted those posts. The market cap dipped in a matter of minutes, plummeting from $17 million to $2 million. HULK’s...

Whales move 318M XRP tokens as it retains $0.52 support

7.6.2024
XRP tokens have a bearish sentiment prevailing at the moment. The token has dropped by 0.58% in the last 24 hours. It is listed at $0.5226. This has not stopped whales from increasing their activities. A wallet routed two separate transactions to move the token to Bitstamp and Bitso. The first...

Speculations are rife regarding Bitcoin breaking the $74K mark

6.6.2024
With Bitcoin prices hovering around $74,000 this month and with increased demand, rumors are circulating that it will shatter its own record in the upcoming days. According to certain analysts with QC Capital, there is a strong demand for bitcoin call option purchases in the current month, pointing...

Binance battles to slash $13 Billion UK lawsuit in high-stakes legal showdown

6.6.2024
Binance, one of the world’s largest cryptocurrency exchanges, is taking decisive steps to significantly reduce the scale of a $13 billion lawsuit filed against it in the United Kingdom. The lawsuit, which has garnered significant attention in the financial and crypto communities, alleges that...

VanEck revises ETH growth projection to $22,000

6.6.2024
VanEck, a fund management firm, has raised its speculation for ETH’s value to $22,000. This is largely correlated to the approval of the Spot Ether ETF. Meaning, Ethereum could see a dip if the US Securities and Exchange Commission decides not to give the final nod of approval to S-1 registration...

Cardano enters a new Argentine partnership; will ADA reach $0.5?

6.6.2024
Cardano recently shook the crypto market by signing an official partnership with Argentina. This development marks a major milestone for the country, which is trying to elevate its crypto sector. The announcement states that Rogelio Frigerio, the Entre Rios Province’s governor, joined hands with...

Tether invests $18.75 million in XREX to enhance the online asset space

6.6.2024
Tether has invested $18.75 million in XREX Group to improve the overall online asset space and initiate global payments with USDT. In addition, Tether plans to introduce inventive innovative regulatory technology.  For the uninitiated, Tether is known as the largest company in the online asset...

Settlement agreement of $885 million between FTX estate and IRS

5.6.2024
FTX debtors must pay the Internal Revenue Service $200 million and a remaining property claim of $685 million. The new agreement will feature the FTX estate paying the Internal Revenue Service nearly $1 billion. The sum totaling $885 million is very low compared to the $24 billion demanded by...

BlackRock’s BUIDL Fund earns $1.7M monthly dividends on Ethereum

5.6.2024
Investors in BlackRock’s BUIDL Fund are celebrating a significant financial milestone, receiving a combined total of $1.7 million in monthly dividends disbursed via Ethereum. This impressive payout underscores the fund’s success and highlights the growing influence of blockchain technology...

Ethereum could outperform Bitcoin, eyes $10k milestone

5.6.2024
Spot Ether ETF is on the table, and chances are that its approval would bring almost $4 billion worth of inflows. This has put ETH in an ideal position to surpass the $10,000 milestone. A tentative timeline is hard to draw, but experts predict that it could happen in the second half of 2024....

BNB extremely bullish as analysts target a $1000 breakout

5.6.2024
BNB, the native token of Binance Chain, has witnessed a notable 7% increase in the past 24 hours.  The movement highlights a positive trend, placing BNB in front of the top 5 cryptos when it comes to market performance. The coin has already reached a milestone, surpassing its year-high record...

XRP might mirror the 2017 pattern to hit $2 in 2024

5.6.2024
The past few years have been a struggle for XRP, primarily because of the SEC lawsuit. The coin is currently trading at $0.52 (at the time of writing), with a 0.96% surge in the past 24 hours. The overall finance market is rejoicing with the approval of Bitcoin and Ethereum ETF. However, unlike...

DWF Labs invests $12M in FLOKI tokens to boost its ecosystem

5.6.2024
DWF Labs plans to invest $12 million in FLOKI tokens as a significant show of support for the Floki Ecosystem. This investment firm is quite popular in the digital asset space and focuses on Web3 investments at different growth stages. The acquisition will involve purchasing tokens on the market...

Bitcoin nears $70k as Bitfinex sees end to sell-off

4.6.2024
Bitcoin, for the first time in its history, rose above $70,000, and experts believe that this may signal the end of a prolonged phase of the BTC rate’s stagnation. This top digital currency hit this level for the first time in a week and then pulled back to around $69,200, rising just 2% over...

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