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8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024
7.4.2024
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces...
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...
Web3 Quests Aim To Drive Fan Engagement At Real Life Events and Online
6.4.2024
The crypto bull market may be driving a renewed interest in non-fungible tokens (NFTs). According to DappRadar, the NFT sector has seen a 50% surge in trading volume for the first quarter of this year, generating $3.9 billion in revenue. These findings indicate this has been the strongest quarter...
Binance Suspends Bitcoin Ordinals Trading – What’s Going On?
5.4.2024
On April 4, Binance declared that as of April 18, 2024, it will no longer be accepting deposits or transactions of Bitcoin Ordinals. The exchange then gave investors of non-fungible tokens (NFTs) based on Bitcoin the advice to remove their holdings from the NFT marketplace trading platform by...
South Korea to Tighten Token Exchange Regulations, Including Blocking Hacked Tokens
5.4.2024
South Korea is set to introduce stricter regulations for token listing on exchanges, including the blocking of tokens that have been hacked.
The post South Korea to Tighten Token Exchange Regulations, Including Blocking Hacked Tokens appeared first on Cryptonews
South Korean Crypto Voice Phishing Attacks Becoming More Sophisticated – Report
5.4.2024
South Korean crypto voice phishing attackers are developing more sophisticated ways to dupe victims out of cash and tokens, a report claimed on April 4.
The post South Korean Crypto Voice Phishing Attacks Becoming More Sophisticated – Report appeared first on Cryptonews
Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing
5.4.2024
Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens.
The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews
Crypto Has 'Too Many Tokens' and Mergers Are Coming
4.4.2024
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Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles
4.4.2024
In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions...
Here’s why these RWA and AI tokens surged 300% going into the Altcoin season
4.4.2024
The much-awaited Bitcoin halving is merely a month away. The slashing of Bitcoin mining rewards has always turned out to be a trigger event for the cryptocurrency’s price to skyrocket. Many experts believe the next bull run is going to take place following the halving, and this time, it’s...
Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance
4.4.2024
In the first quarter of 2024, meme coins significantly outshone all other cryptocurrency narratives by delivering an astonishing average return of 1312% across its leading tokens, as observed in a report by Coingecko. Among these, the newly launched tokens Brett (BRETT), BOOK OF MEME (BOME),...
W Token’s Rollercoaster Day: From $1.25 Low to $1.66 All-Time High
3.4.2024
Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new token known as W has seen an extremely volatile day with the price tapping an all-time high at $1.66...
Crypto AI Projects Would Need to Buy Chips Worth Their Entire Market Cap to Meet Ambitions
3.4.2024
Supporting the creator economy with AI-generated video will take more GPUs than all major tech companies operate
DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF
3.4.2024
The Bull Run dETF comprise of 10 tokens including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others.
The post DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF appeared first on Cryptonews
Origin Protocol’s OGN and OGV Tokens Will Be Merged to Improve Ethereum Liquid Staking
3.4.2024
Origin Protocol token holders have voted to merge the protocol’s lesser known token Origin DeFi Governance “OGV” with its native token OGN.
The post Origin Protocol’s OGN and OGV Tokens Will Be Merged to Improve Ethereum Liquid Staking appeared first on Cryptonews
Meme Coins To Watch In April – BRETT On Base, SLOTH On Solana, DOGE20 On Ethereum
3.4.2024
With meme coins the best-performing sector so far in 2024, with the largest six tokens up between 100-2300% year-to-date, investors are hunting for meme coins to watch in April.
The post Meme Coins To Watch In April – BRETT On Base, SLOTH On Solana, DOGE20 On Ethereum appeared first on Cryptonews
Solareum to Close Shop Following $500,000 Exploit
2.4.2024
Following the discovery of a vulnerability that led to the loss of more than 2,000 Solana (SOL) tokens from users' wallets, Solareum, a Telegram trading bot for Solana-based currencies, announced its closure on March 31.
The post Solareum to Close Shop Following $500,000 Exploit appeared first...
Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin to Coinbase – Where Next for BTC?
2.4.2024
The Bitcoin (BTC) price is eyeing a possible breakout to the south of the $65,000 level as the market readies itself for a potential $2.1 billion sale of confiscated Silk Road Bitcoin tokens by the US government.
The post Bitcoin Tests $65K as US Government Moves $2.1 Billion Silk Road Bitcoin...
How to Use Seasonal Tokens to Get Bitcoins
2.4.2024
Like Bitcoin, the four Seasonal Tokens – Spring, Summer, Autumn and Winter – are produced by proof-of-work mining, and become scarcer over time. Once every nine months, the rate of production of one of the tokens is cut in half. The token that was produced at the fastest rate becomes...
The key to Solana’s tokens: A deep dive into distribution
2.4.2024
Solana is a blockchain platform that enables decentralized, scalable applications. It’s an open-source project that started in 2017. Solana uses a blend of proof-of-history and authorized proof-of-stake protocols. Solana’s distinctive combination of proof of history and delegated proof...