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Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
8.12.2023
Dec. 8th, Panama，Panama City – Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter...
Nigerian Crypto Firm Bitmama to Pay $1 Million for Startup That Raised $3 Million in February
8.12.2023
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $1 million. Reports of Payday’s acquisition come almost a year after the startup raised $3 million in a funding round. Bitmama’s Pivot From Crypto The Nigerian crypto platform...
Is Terra Luna Classic Going to Zero? LUNC Price Drops 3.5% as New Mining Protocol Secures $5 Million
8.12.2023
The LUNC price has dropped by 3.5% today, slipping to $0.00020204 as the cryptocurrency market as a whole gains by 1% in the past 24 hours. Despite this fallback, LUNC remains up by an impressive 74% in the past week and by 200% in the last 30 days, amid rising optimism surrounding Terra Luna...
Animoca Brands raises $11.88 million for Mocaverse
8.12.2023
Animoca Brands has announced that it has raised an additional $11.88 million in funding. The development comes days after Animoca Brands raised $20 million in September 2023. It aims to build a point system and digital identity for entertainment, culture, and Web3 gaming. Having said that, total...
Bitcoin Price Prediction: BTC Dips to $43.5K , Babylon Chain Raises $18M, Kiyosaki Warns of Crash
8.12.2023
On Friday, the leading cryptocurrency Bitcoin, recently witnessed a minor retreat, touching the $43,500 mark, down by over 1% on Friday. The dip comes amidst a backdrop of significant developments, including the closure of an $18 million fundraising round by Babylon Chain aimed at bolstering...
Hong Kong Gaming Giant Boyaa Interactive Shareholders to Vote on $100M Crypto Purchase Plan
8.12.2023
Source: Pixabay Boyaa Interactive International Limited, a Hong Kong-listed company, has scheduled a special general meeting of shareholders to vote on a $100 million crypto purchase plan on December 20. Directors, including independent non-executive directors, have expressed their belief that...
UAE Bitcoin Miner Signs Order Worth Over $380 Million With Microbt
8.12.2023
United Arab Emirates-based bitcoin miner Phoenix Group PLC has signed an order worth more than $380 million with Whatsminer mining rig maker Microbt. Bijan Alizadehfard described the collaboration with Microbt as a reflection of his company’s “strategic foresight.” Microbt to Integrate...
Phoenix Group Acquires $380 Million Worth of Green Mining Equipment from WhatsMiner
8.12.2023
Source: Brian Wangenheim / Unsplash Phoenix Group, a United Arab Emirates Bitcoin mining firm, has disclosed a $380 million deal with WhatsMiner for hydro cooling mining equipment. On December 7, Bitcoin miner Phoenix Group announced that it had swiftly secured a $380 million hydro cooling hardware...
Chinese Cities Launch End-of-Year Digital Yuan Giveaways
8.12.2023
Source: Putra/Adobe More Chinese cities will give away digital yuan tokens and discount vouchers this month, as the People’s Bank of China (PBoC) looks to spur CBDC adoption. The Hebei News Network reported that the PBoC’s Hebei branch and local government authorities in the province will give...
Over 1,000 Bitcoins from Satoshi Era Mined in 2010 Moved to Trading Desks
7.12.2023
Source: Pixabay / Michael Wuensch Nearly 1000 Bitcoin (BTC) worth over $43 million were moved earlier this week after more than 13 years of dormancy, on-chain analysis shows. In a report shared on Wednesday, blockchain analytics platform CryptoQuant noted that a Bitcoin address received 999 BTC...
Versatus Labs Raises $2.3 Million To Launch Stateless Rollup
7.12.2023
Versatus Labs raises $2.3 million in seed round funding, bringing its valuation to $50 million. The funding aims to develop the Verastus LASR, a Stateless Rollup. Image: Versatus Labs In an announcement this Wednesday, Verastus Labs, a peer-to-peer web service protocol aiming to enhance...
Is Sei Going to Zero? SEI Price Declines 10% as New Mining System Bags $5 Million in Crowdfunding Efforts
7.12.2023
Sei Logo / Source: Sei Website Digital asset trading focused layer-1 blockchain Sei (SEI) has seen its token price pull back over 12% in the past 24 hours. Sei, whose token debuted on major exchanges in August, was last trading just under $0.28 per token, down from the multi-month highs in...
UK Financial Regulator Adds Poloniex to Warning List Amid Recent $100 Million Hack: What’s Going On?
7.12.2023
Source: AdobeStock / Ascannio The Financial Conduct Authority has added cryptocurrency exchange Poloniex to its warning list of firms that may not be fully authorized to render trading services in the country. In an official publication on Dec 6, the financial regulator warned users from dealing...
As iGRAIL Skyrockets 465%, This Modest Crypto Has Gathered $2.9 Million – Next Big Thing?
7.12.2023
The price of Grail Inu (iGRAIL) has rocketed by more than 450% in the past 24 hours, rising to $0.000000212 after the new meme crypto listed on the Abritrum-based Camelot DEX a couple of days ago. iGRAIL is only the latest in a long line of new meme tokens to hit the crypto market this...
Bitcoin Price Targets $50,000 as Crypto Bull Run Explodes And BTC Cloud Mining Token Bitcoin Minetrix Pumps to $5m
7.12.2023
  Wednesday, December 6th, 2023 – The Bitcoin price is powering higher to trade above $43,000, its highest level since April 2022, igniting a firestorm of interest in Bitcoin cloud-mining innovator Bitcoin Minetrix, which has raised $5 million from investors with more to come. Market watchers...
Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares
7.12.2023
Source: Ark Invest Cathie Wood’s Ark Invest continues its selling spree of shares of the largest US-based crypto exchange, Coinbase, amid the ongoing crypto rally. Ark Invest Daily reported that the fund management firm offloaded $24.2 million worth of Coinbase shares and $3.4 million worth...
Worldcoin Foundation Launches $5 Million Community Grants Program’ Wave0′
7.12.2023
The iris-scanning project Worldcoin (WLD) has unveiled an initiative aimed at supporting innovators working on resilient technology and fostering more equitable systems. On December 6, the Worldcoin Foundation unveiled a community funding initiative called “Wave0,” allocating $5 million...
Bitcoin Miner DMG Acquires 4,550 T21 Antminers for $12.1 Million
6.12.2023
DMG Blockchain Solutions, a bitcoin miner and cryptocurrency technology company, announced that the firm has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG detailed that it paid $12.1 million for the next-generation application-specific integrated circuit (ASIC) miners...
Trading Volumes of Crypto Assets Under Management Averaged $481 Million Daily in November: Report
6.12.2023
Source: Pixabay / Michael Wuensch The digital asset market has recorded massive bullish activity in recent weeks with the prices of most cryptocurrencies soaring to positions not seen in over 18 months. Aside from asset prices, decentralized finance (DeFi) activities are also high in terms...
Traders Shift from Shiba Inu and Pepe to this P2E Memecoin – Find out Why
6.12.2023
TLDR NuggetRush stands out for its unique blend of meme and utility (P2E). It is tipped for a 70x upside by analysts. Its low token supply, 50 million, contributes to its appeal. The memecoin ecosystem isn’t short of promising tokens. Examples are Pepe (PEPE) and Shiba Inu (SHIB). However,...