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Bitcoin Reaches $57K in Stellar Monday Surge, Erasing $70 Million in Shorts in Just One Hour
27.2.2024
Bitcoin reached a peak of $57,055 on Monday, climbing 10.1% over a 24-hour span and elevating the digital asset’s market value to $1.10 trillion. The value of bitcoin relative to the U.S. dollar hasn’t ascended to these levels since Nov. 22, 2021, marking 12 days after the digital...
QED Secures $3 Million in Funding to Propel Fully Trustless Zero-Knowledge Applications Across the Bitcoin Ecosystem
27.2.2024
PRESS RELEASE. HONG KONG —February 26, 2024 – QED, the world’s first zk-Native blockchain protocol, announced today it has raised $3 million in a funding round led by Arrington Capital with participation from several prominent venture capital firms and companies including Paper...
Citizens Open Over 29.16 Million Digital Yuan Wallets in Suzhou, China
27.2.2024
Suzhou, China, has reported that more than 29.16 million residents now have digital yuan wallets as the nation’s CBDC project continues to gather pace.
The post Citizens Open Over 29.16 Million Digital Yuan Wallets in Suzhou, China appeared first on Cryptonews
Hacker Behind 2023 KyberSwap Attack Moves $2.5 Million From Arbitrum to Ethereum
26.2.2024
In an X post published on February 26, blockchain analytics firm PeckShield noted that the hacker moved 798.8 Ether (worth ~$2.49 million) from Arbitrum to the Ethereum blockchain.
The post Hacker Behind 2023 KyberSwap Attack Moves $2.5 Million From Arbitrum to Ethereum appeared first on Cryptonews
MicroStrategy’s Michael Saylor Purchases a Further 3,000 Bitcoin for $155 Million
26.2.2024
Billionaire Michael Saylor and his company, MicroStrategy, continue investing heavily in Bitcoin, adding another 3,000 coins for $155 million. As economic conditions continue to evolve, what does this mean for the future of Bitcoin and overall crypto markets?
The post MicroStrategy’s Michael...
Will BlockDAG breakout hit $600 million in 2024 as Ethereum price rises fading Retik Finance price predictions
26.2.2024
In crypto, speculating on the future value of digital assets can seriously be both challenging and thrilling. Occasionally, analysts will venture audacious predictions about future developments, which can pique the interest of backers and supporters. Let’s look at what Retik Finance & Ethereum...
Digital Asset Investment Funds Record $598 Million Inflows as Yearly Gains Tap $5.7 Billion
26.2.2024
Digital asset investment funds recorded $598 million in inflows in the last seven days as Assets Under Management (AUM) stands at $67.4 billion.
The post Digital Asset Investment Funds Record $598 Million Inflows as Yearly Gains Tap $5.7 Billion appeared first on Cryptonews
GBTC Records Lowest Daily Outflows Since ETF Conversion
26.2.2024
Grayscale’s flagship Bitcoin Trust GBTC has just recorded the lowest daily outflows since it converted to an ETF. According to data posted on X by the research arm of crypto exchange BitMEX, GBTC’s outflow on February 23 was just $44.2 million. Bitcoin ETF Flow – 24 Feb 2024...
Bonk Price Prediction as Trading Volume Shoots Past $50 Million – BONK Making a Return?
26.2.2024
BONK has gained by a modest 0.5% in the past 24 hours, with the Bonk price reaching $0.00001171 as the crypto market falls fractionally today.
The post Bonk Price Prediction as Trading Volume Shoots Past $50 Million – BONK Making a Return? appeared first on Cryptonews
Australian Vanishes After Receiving Half a Million Dollars in Crypto Account Error: Report
26.2.2024
An Australian man has vanished after allegedly pocketing about half a million dollars when cryptocurrency trading platform Rhino Trading Pty Ltd accidentally added an extra zero to his account, according to an ABC report.
The post Australian Vanishes After Receiving Half a Million Dollars...
$100 Million Cryptocurrency Scheme Uncovered in Myanmar – What’s Going On?
25.2.2024
Chainalysis has unveiled a new case of fraud involving a single company operating from a compound in Myanmar, which swindled a sum of over $100 million from victims in less than two years.
The post $100 Million Cryptocurrency Scheme Uncovered in Myanmar – What’s Going On? appeared first...
Can BlockDAG skyrocket to $600 million by 2024? While HBAR price hits ATH and Galaxy Fox ICO nears conclusion
24.2.2024
As the BTC halving event looms and anticipation mounts for the potential approval of a spot ETH ETF, the stage is set for the next bull market. Historically, spot ETF approval and BTC halvings has triggered significant price surges across altcoins, a trend that seems already underway. Notably, HBAR...
Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals
23.2.2024
Bitcoin mining operation Riot Platforms made over $280 million last year alone, the company's 2023 annual report released Thursday, February 22, reveals.
The post Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals appeared first on Cryptonews
Bonk Price Prediction as BONK Market Cap Falls to $750 Million – When is the Next Rally?
23.2.2024
BONK has dipped by 2% today, with the Bonk price sinking to $0.0000118 as the cryptocurrency market suffers a similar 1.5% drop in the past 24 hours.
The post Bonk Price Prediction as BONK Market Cap Falls to $750 Million – When is the Next Rally? appeared first on Cryptonews
Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App
23.2.2024
Block payments platform earned $66 million from selling Bitcoin through Cash App, the firm’s recent Q4 2023 earnings report noted.
The post Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App appeared first on Cryptonews
Bitcoin Mining Firm Riot Rakes in Record $281M in Revenues in 2023, Producing 6,626 BTC
23.2.2024
Bitcoin mining firm Riot Platforms has achieved record-breaking results in 2023, with total revenues reaching an all-time high of $281 million.
The post Bitcoin Mining Firm Riot Rakes in Record $281M in Revenues in 2023, Producing 6,626 BTC appeared first on Cryptonews
Axie Co-Founder’s Personal Accounts Breached for $8M, Ronin Bridge Unaffected
23.2.2024
Personal accounts of Axie Infinity co-founder Jeff “Jihoz” Zirlin compromised, resulting in an $8 million Ethereum loss, while the Ronin blockchain's operation was claimed to remain unaffected.
The post Axie Co-Founder’s Personal Accounts Breached for $8M, Ronin Bridge Unaffected appeared...
Top Meme Coin Sponge Staking and Bridging Hits $10m, Ethereum and Polygon SPONGE V2 Rewards at 190% and 968%
22.2.2024
Top meme coin Sponge now has more than $10.18 million staked and bridged after announcing the launch of the V2 Polygon network version of the coin at the beginning of this month.
The post Top Meme Coin Sponge Staking and Bridging Hits $10m, Ethereum and Polygon SPONGE V2 Rewards at 190% and 968%...
Palworld Continues To Grow As It Shoots Past 25 Million Players
22.2.2024
Hey, remember that little game Palworld? Well as of today, it’s surpassed a staggering 25 million players, all within about a month of its early access launch. That’s a lot of people shooting at or alongside their legally distinct “pals,” not Pokémon. Love it or hate it—or don’t get it all, like...
Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion
22.2.2024
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen...