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Bitcoin miner Riot Platforms reports record $211M Q1 net income
2.5.2024
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine
Lido Finance Just Hit 1M Validators, But Can DeFi Really Take Over TradFi?
29.4.2024
Lido Finance reaches a major milestone with 1 million Ethereum validators, solidifying its position as the largest DeFi protocol. The growth of liquid staking protocols like Lido is fueling DeFi expansion, raising concerns about centralization and the potential disruption of traditional financial sy...
Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions
28.4.2024
In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH withdrawn. LSD Sector Snapshot: $198 Million Ether Withdrawn in 2 Weeks Liquid staking has been witnessing a decrease;...
Facebook Has Lost $1 Billion Every Month On VR Since June 2022
26.4.2024
Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...
Bitcoin miner Marathon increases 2024 hash rate target to 50 EH/s
26.4.2024
If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024
Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government
24.4.2024
The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks they face which include the possibility of being...
Thailand Set to Block Access to Unlicensed Crypto Platforms
22.4.2024
Thailand is poised to restrict access to unauthorized crypto platforms. The move is driven by concerns over law enforcement effectiveness and the potential for money laundering.
The post Thailand Set to Block Access to Unlicensed Crypto Platforms appeared first on Cryptonews
Thailand to Block Access to 'Unauthorized' Crypto Platforms
22.4.2024
Authorities in Thailand have decided to block "unauthorized" crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, an announcement on Friday last week said
Crypto Wealth Management Firm Abra Launches New Platforms for Private Clients
18.4.2024
Crypto wealth management firm Abra said it has launched the “Abra Prime” and “Abra Private” platforms for private clients and received approval from the U.S. Securities and Exchange Commission to operate as an investment advisor
The post Crypto Wealth Management Firm Abra Launches New Platforms...
Telegram Founder Says Crypto-Like Communication Devices Could Thwart Government Spying
17.4.2024
Pavel Durov, founder of the encrypted instant messaging app Telegram, believes that growing government surveillance will drive innovation in secure communication, modeled on cryptocurrency hardware wallets. During an interview with Tucker Carlson, Durov expressed concern about government pressure...
Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
17.4.2024
Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said
PESHI Cat Coin Skyrockets 120x: Discover the Next Crypto Sensation as This Multi-Chain Meme Coin Makes Waves Across Platforms
16.4.2024
In the latest Solana meme coin pump, new coin Peshi Cat (PESHI) has exploded in a 120x skyrocket. This article will provide an analysis of PESHI’s current price trends and look to see whether an innovative multi-chain meme coin, Dogeverse, represents a more promising investment opportunity at this...
South African Regulator Grants Approval to 59 Crypto Platforms for Resident Services
15.4.2024
South Africa's financial regulator, the Financial Sector Conduct Authority (FSCA), has granted approval to 59 license applications from cryptocurrency platforms seeking to offer services to residents.
The post South African Regulator Grants Approval to 59 Crypto Platforms for Resident Services...
In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline
2.4.2024
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued...
Defi Platforms Lose More Than $336 Million in Digital Funds in Q1 of 2024, Study Finds
1.4.2024
In the first quarter of 2024, more than $336 million in digital assets were stolen from decentralized finance platforms across 61 incidents of hacking and fraud. During this period, criminals made off with digital assets valued at $144.48 million in two major hacking incidents. In contrast...
Three Decentralized Platforms to Merge AI Tokens, Create AI Alliance
27.3.2024
The three firms are seeking to create an AI collective to provide a decentralized alternative to existing projects that are controlled by Big Tech
Bitcoin Year-End Price Target Raised to $90K at Bernstein
21.3.2024
SEO on game platforms: why don't we talk about it?
20.3.2024
Also: a look at big game biz survey & lots of discovery news
Nigeria’s SEC Proposes 400% Registration Fee Increase for Crypto Firms
19.3.2024
Nigeria's Securities and Exchange Commission (SEC) has put forward amendments to the regulatory framework governing platforms offering cryptocurrency services, suggesting a significant increase in registration fees for crypto exchanges.
The post Nigeria’s SEC Proposes 400% Registration...
Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion
18.3.2024
This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over...