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As OPIE Coin Shoots Up 100,000%, This Other Token Just Hit $5.75 Million
22.12.2023
As DEX-launched tokens continue to mount seismic rallies, OPIE coin mounted the latest 150x rallies overnight, and now traders are gravitating to this latest meme coin as the next potential skyrocket. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with...
Retik Finance (RETIK) Presale stage 2 sold out, more than $1.4 Million raised with ease
22.12.2023
Introduction Since the inception of the cryptocurrency market on May 22, 2010, marked by the purchase of two pizzas with 10,000 bitcoins in Florida, USA, the sector has seen remarkable growth. What began as a nascent market has ballooned into a colossal industry with an estimated value of around...
Bank of China Completes First Precious Metal Digital Yuan Settlement
22.12.2023
The Shanghai branch of the Bank of China has completed the first settlement of precious metals using the digital yuan. The transaction, finalized on December 19, allowed the Shanghai Gold Exchange to close a $14 million precious metal trade after receiving the funds overseas, according to local...
Shibarium transaction touches peak milestone, Cardano (ADA) and InQubeta (QUBE) Gaining Massive Momentum
22.12.2023
The world of cryptocurrencies is always on the move, with every project trying to outdo each other in terms of innovation and growth. Just recently, Shibarium, which is the Layer 2 protocol of Shiba Inu, turned heads by handling over 100 million transactions. At the same time, there are other...
Dogecoin Price Prediction as DOGE Falls Below $0.10 – Time to Buy the Dip?
21.12.2023
Dogecoin (DOGE/USD), a standout in the volatile realm of cryptocurrencies, is once again in the spotlight as it dips below the $0.10 mark. Trading around $0.09150 on December 21, with an impressive 24-hour trading volume of approximately $513.76 million, the meme-inspired digital currency has seen...
PancakeSwap Community Proposes CAKE Token Total Supply Reduction to 450 Million
21.12.2023
Adobe Stock / JorgeEduardo Decentralized cryptocurrency exchange, PancakeSwap plans to reduce the total supply of CAKE after a community proposal was announced to sustain its development roadmap. The team proposed the reduction via a community forum highlighting the development recorded so far...
Bitcoin NFTs Skyrocket With $425M in Sales This Week; Key Collections Cement Strong Floor Values
21.12.2023
In the last week, markets for non-fungible tokens (NFTs) minted on top of Bitcoin have generated approximately $425.63 million in sales. The leading ten NFT collections over the seven-day period all originate from the Bitcoin blockchain. Several collections of Ordinal inscriptions based on Bitcoin...
Is Helium Going to Zero? HNT Price Drops 5% While New Mining Project Reaches $5.6 Million Milestone
21.12.2023
Helium Network – the leading decentralized internet of things provider – has undertaken a sudden -5% HNT price drop as price retraces from break-out footing, leaving some traders asking ‘is Helium going to zero?’. This comes amid sensational market hype around...
Ark Invest Sells Additional Coinbase Shares Worth $24.2 Million
21.12.2023
Source: Adobe Stock ARK Invest, a participant in the application process for a spot Bitcoin exchange-traded fund (ETF) in the United States, has been consistently selling its holdings of Coinbase stock. This trend continued with the recent sale of another substantial batch of Coinbase shares....
Bitfinex Securities Announces Successful Tokenized Bond Issuance on Liquid Network
21.12.2023
Source: Bitfinex Bitfinex Securities has successfully raised over $5 million in USDT through the issuance of one of the world’s first tokenized bonds on the Liquid Network. ???? Bitfinex Securities is proud to announce a successful raise of $5.2M USDt in one of the world’s first tokenized...
Chinese Bank Seals First-ever Cross-border CBDC-powered Precious Metals Deal
21.12.2023
Source: pla2na/Adobe The Bank of China has completed the world’s first cross-border CBDC-powered precious metals deal – a gold transaction worth some $14.1 million. Per the Shanghai Securities News and the China Securities Network, the deal involved the Shanghai Branch of the Bank of China,...
Iron Bank Euro’s Stablecoin Crisis: No Clear Path to Repeg After 60% Value Drop
20.12.2023
Source: Adobe / Skórzewiak Iron Bank Euro (IBEUR), a low-cap alternative stablecoin, has found itself in the midst of a crisis with no immediate route back to its stablecoin peg after experiencing a sharp 60% drop in value on Monday. The stablecoin, with a $3.7 million issuance, tumbled from...
Bahamut Foundation launches Bahamut Grants program with a 10 mln $FTN fund.
20.12.2023
Bahamut Foundation introduces its latest initiative, Bahamut Grants, marking a significant leap towards the journey of Web3 evolution. The available fund for the program is $10 million $FTN with a very flexible distribution. It’s important to note that Bahamut is the preferred blockchain platform...
Atomic Wallet Offers $1 Million Bug Bounty Amid Security Lawsuit
20.12.2023
Source: Adobe / Ascannio Amid an ongoing class-action lawsuit related to a $100-million hack in June, the developer of Atomic Wallet has launched a $1-million bug bounty program aimed at identifying security flaws in its wallet software. In an announcement on December 18, the development team...
Is Filecoin Price Going to Zero? FIL Sinks 5% as New Bitcoin Mining Protocol Gathers $5.5 Million in Funding – Next Big Thing?
20.12.2023
Leading decentralized file storage token Filecoin (FIL) has sunk -5%, leaving some panicked holders asking ‘is Filecoin price going to zero?’. The -5% drop appears to have been triggered by localized retracement moves, as Filecoin price shifts down to test supportive footing from...
ARK Invest Sells Another $5.52M in Coinbase Shares as COIN Surges 107% Since November
20.12.2023
Source: Adobe / piter2121 Cathie Wood-led Ark Invest sold another 34,261 Coinbase shares worth $5.5 million on Tuesday as the price of the largest US-based crypto exchange’s shares topped $160, witnessing over 107% rise since early November. COIN is already up 5% in the pre-market today. Ark Invest...
Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M
20.12.2023
On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million...
South Korean Supreme Court Jails $153m Crypto Fraudster for 10 Years
20.12.2023
Source: alswart/Adobe South Korea’s Supreme Court has jailed a crypto fraudster who amassed $153 million for 10 years, upholding a sentence handed out in February. The man, surnamed Ko, was the CEO of a crypto firm that called itself QRC Bank. He was convicted of defrauding some 5,400 crypto...
Crypto Industry Funnels $78 Million Into War Chest to Elect Pro-Crypto Candidates in 2024 Elections
20.12.2023
Prominent crypto companies and leaders have contributed to a war chest to support pro-crypto candidates in the 2024 elections, amassing $78 million to date. “The U.S. cannot afford to continue taking a back seat on the global stage. Regulatory overreach (esp from the SEC) is actively moving...
Crypto Derivative Platform Hegic’s Profitable DeFi Strategy Could Spark Probe From SEC – Here’s Why
19.12.2023
Source: Adobe Hegic, a crypto derivatives trading platform, may have just exposed itself to an insider trading probe from the U.S. government following a profitable but sketchy trade with an affiliate company. The platform recently scored $17 million when its pseudonymous founder, Molly Wintermute...