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Bonk Price Prediction as Market Cap Falls Below $1 Billion – Will BONK Keep Falling?
6.2.2024
The Bonk price has barely moved in the past 24 hours, remaining at $0.00001011 as the crypto market as a whole also holds still today. BONK is now down by 15% in a week and by 6.5% in a month, with the meme coin’s recent falls pushing its fully diluted market valuation (e.g. maximum supply...
Binance Discloses Token Listing Adjustments, Offers $5 Million Whistleblower Reward
6.2.2024
Binance has made changes to its token listing methods after some community members alleged malpractice on the part of employees involved in the process. Binance co-founder Yi He wrote on X (formerly Twitter) commenting on the latest community reaction, noting that internal mechanisms will...
Tether Launches Tether Edu, Expands Educational Initiatives in Emerging Markets
6.2.2024
Tether, the largest stablecoin company, has announced the launch of Tether Edu, an initiative that will concentrate all of the global educational and learning programs of the institution. Tether Edu will focus on emerging markets, offering courses and hybrid programs in blockchain, artificial...
Pundi X Initiates PURSE Token Distribution to Boost DePIN Development
6.2.2024
Pundi X, a blockchain-based point-of-sale solution, has initiated the first phase of its PURSE token distribution in a bid to incentivize builders and participants of the Decentralized Physical Infrastructure Network (DePIN). The distribution of PURSE tokens leverages DePIN technology to reshape...
Will the Tokenization of Debt Trend Gain Momentum in 2024?
6.2.2024
The tokenization trend continues to gain momentum in 2024 with the primary focus being on digital assets and payment systems. The tokenization of debt, derivatives, and structured products requires converting these instruments into digital tokens on the blockchain or distributed ledgers and remains...
Brazilian Tax Authority Reports Bitcoin Irregularities in Over 25,000 Statements
6.2.2024
The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to include these holdings in its income tax statements...
California School Officials Plead Guilty to Running Crypto Mining Scheme With School Resources
6.2.2024
A sophisticated scheme to defraud Patterson Joint Unified School District has been unveiled, with senior officials Jeffrey Menge and Eric Drabert at the helm, using the district’s resources to mine cryptocurrency illegally, as disclosed by the DOJ. School Officials Plead Guilty to Crypto Mining...
JPMorgan Warns of Increased Risk for Crypto Market Due to Tether’s ‘Lack of Regulatory Compliance and Transparency’
6.2.2024
JPMorgan has warned of increased risk for the crypto market resulting from Tether’s “lack of regulatory compliance and transparency.” The global investment bank’s analysts explained that other stablecoin issuers that have been more compliant with existing regulations...
Pepe Price Prediction as PEPE Drops 14% in 7 Days – Is PEPE Coin Going to Zero?
6.2.2024
Pepe (PEPE) price predictions remain bearish with the meme coin having now dropped more than 16% in seven days. PEPE/USD was last changing hands on major centralized exchanges just under $0.0000009. The Pepe price has nearly halved since hitting fresh multi-month highs back in December near...
South Korean Crypto Exchange Bithumb Reinstates Commission Fees After Four Months
6.2.2024
The South Korean crypto exchange Bithumb ended its four-month campaign of commission-free crypto trading on February 5. Per Insight Korea, Bithumb began charging a 0.04% fee “for all crypto transactions starting from February 5.” Bithumb vs Upbit: South Korean Crypto Exchange Rivals Go to War?...
Taproot Wizards’ Quantum Cats NFTs Leap Past Technical Glitches to Amass $11.3M in Bitcoin
6.2.2024
The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale due to technical issues, resulting in 2,681 Quantum...
Former Terraform Labs Financial Officer Has Been Extradited to South Korea — Montenegro Police
5.2.2024
Montenegro recently extradited the former Terraform Labs financial officer Han Chang-joon to South Korea where he faces fraud-related charges. According to the Montenegro police, the decision to extradite Han was made by the country’s Justice Ministry. Han Faces Criminal Charges in South...
GoDaddy and ENS Partner to Offer Free Linking of .eth Domains to Traditional Web2 Domains
5.2.2024
ENS, the domain name protocol on the Ethereum network, has announced a partnership with GoDaddy, the largest internet domain registry, allowing users to seamlessly link their internet domains to ENS addresses without any cost. Announced on February 5, GoDaddy domain name holders can now easily link...
EIA Begins Probe on Crypto Mining’s Energy Use Following White House Directive
5.2.2024
The energy demands of crypto mining in the United States have rapidly increased over the past four years, according to a February 1 press release from the Environmental Impact Agency (EIA). The EIA has been working under strict directives from the White House to gauge the energy consumption of...
Is It Too Late to Buy Flare? FLR Price Pumps Up 15% as Viral New Meme Coin Hits $8 Million Milestone
5.2.2024
Promising EVM project Flare Network has seen its price pump +15% in a strong push, but can FLR price analysis reveal whether it’s too late to buy Flare? And could this other viral coin be next? The sudden pump comes as Flare price retains bullish poise in technical structure, with the move...
Is Script Network (SCPT) a Good Investment this week?
5.2.2024
  Crypto investors are constantly on the lookout for promising opportunities that offer a unique blend of innovation, utility, and growth potential. Script Network ($SCPT) has emerged as a noteworthy player, captivating the interest of the crypto community with its distinctive features. With...
Bitcoin (BTC) users pouring into DeeStream (DST) last week as Ripple (XRP) holders are selling
5.2.2024
  Can anything ever get better than Bitcoin (BTC)? Bitcoin (BTC) has long established itself as the leading cryptocurrency in the world. However, a new coin, DeeStream, has got Bitcoin (BTC) users pouring into its project in droves. Not just that, Ripple (XRP) holders are selling off their...
Ex-Terraform Labs CFO Chang-joon Extradited to South Korea- What’s Going On?
5.2.2024
Han Chang-joon, the former Chief Financial Officer of Terraform Labs has been extradited to South Korea by Montenegrin Police after the completion of his jail term. A Feb 5 official release from the country’s police administration says Chang-joon has been extradited to South Korea citing a decision...
eTukTuk (TUK) Presale Sees Hundreds of Thousands Invested as Project Backers Make The Most of High Staking Rewards
5.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. eTukTuk is leading the green AI revolution with its innovative and eco-friendly transportation solution. As one of the hottest crypto projects in 2024, the eTukTuk’s TUK token presale has already...
AltLayer’s Executive Quells Community Backlash Over $100 Million Airdrop Distribution
5.2.2024
AltLayer’s Head of Growth has described events leading up to gains by a few non-fungible token (NFT) holders as a coincidence. Additionally, Dorothy called for more community support in the future. In a reaction to widespread criticism of handling a recent airdrop, the executive took to X (formerly...