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Top Crypto Gainers Today on DEXScreener – MUFFIN, PVGO, GPT
6.4.2024
As blue-chip cryptocurrencies nurse losses on a Friday that saw a further hawkish repricing of Fed rate cut expectations, investors looking for top crypto gainers today are turning to the highly illiquid and volatile on-chain markets for quick returns.
The post Top Crypto Gainers Today...
Solana Founder Explains Reason For Network Glitch
6.4.2024
The flaw that was causing transaction failures and a delay in block finalisation in the blockchain ecosystem was "identified and patched," according to Solana co-founder Anatoly Yakovenko on April 5.
The post Solana Founder Explains Reason For Network Glitch appeared first on Cryptonews
Do Kwon Extradition Case Sent Back To Lower Court In Montenegro
6.4.2024
The fate of Terra founder Do Kwon's extradition returns back to a lower court as a jury finds him guilty of fraud following the Luna crash of 2022.
The post Do Kwon Extradition Case Sent Back To Lower Court In Montenegro appeared first on Cryptonews
Ethereum Layer-2 Protocol Starknet Sheds Light On What Caused 4-Hour Block Outage
5.4.2024
Ethereum layer-2 scaling solution, Starknet, is giving insight into why the protocol experienced an estimated four hour outage on April 4. The Block outage marks the latest in a challenging year for the protocol ahead of the April launch of its STRK coin.
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FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
5.4.2024
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule. Insiders Say FTX Sold Millions of Locked Solana...
Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
5.4.2024
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks....
Hong Kong Welcomes Crypto With New Initiative For Stablecoin Issuers
5.4.2024
A crypto-supportive bank in Hong Kong is already in touch with five corporate clients planning to become stablecoin issuers.
The post Hong Kong Welcomes Crypto With New Initiative For Stablecoin Issuers appeared first on Cryptonews
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
5.4.2024
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD
Ankr and WitnessChain collaborate for DePIN and AVS Innovation
5.4.2024
Ankr adds Ethereum security to the new Web3 protocol, which is regarded as Ankr’s most important feature. It combines safe node operations, innovative liquid staking technologies, and efficient scaling services. Ankr’s infrastructure for vital functions enables the launch of the...
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
5.4.2024
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust
Recent Aave DAO move on MakerDAO fuels DeFi ‘walled gardens’ concerns
5.4.2024
In the recent wake of Web3 adoption, two competitors have found themselves in a squabble in the aftermath of Web3 adoption. Gauntlet, AAVE’s market risk manager, was also caught side-hustling with MakerDAO, AAVE’s direct competitor. Gauntlet’s exit from Aave caused further...
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
5.4.2024
NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra...
Meme coins take center stage: A look at this week’s crypto news
5.4.2024
Q1 results show the meme coin frenzy Memecoins were determined to be the most profitable investments in Q1 of 2024, per a recent CoinGecko research. Memecoins have yielded remarkable returns, averaging 1,312.6%. Notably, based on market capitalization, tokens from WIF, MEW, BOME, and other...
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...
Best Crypto to Buy Today April 5 – NEAR Protocol, Toncoin, Bitcoin Cash
5.4.2024
As major crypto prices chop within weekly ranges as traders contend with more strong US economic data and fresh hawkish commentary from Fed policymakers which has had the combined effect of pushing markets to downsize bets on Fed rate cuts in 2024, investors looking for fast returns continue...
BlockDAG’s $13.3m presale spearheads blockchain innovation with v2 whitepaper, elevating Chainlink and BitTorrent in the DeFi evolution
5.4.2024
The unveiling of BlockDAG’s second whitepaper marks a pivotal moment in decentralized network development. This document lays the groundwork for a transformative approach by blending the robustness of conventional blockchain frameworks with the agility and scalability of Directed Acyclic Graphs...
Ethereum Foundation Researchers' Proposal to Slow ETH Issuance Draws Pushback
5.4.2024
The proposal, initially introduced in February, could harden Ethereum's native cryptocurrency, ether, as as a form of money – by reducing the inflation of new supply. But some members of the community say if it's not broke, don't fix it
Ripple’s Chief Legal Officer Blasts SEC Over Crypto Regulation, XRP Lawsuit: “Get Off Your Soap Box”
5.4.2024
Ripple’s Chief Legal Officer, Stuart Alderoty, told the United States Securities and Exchange Commission (SEC) to “get off its soap box” after the SEC’s Director of Enforcement, Gurbir Grewal, seemingly criticized the crypto exchange for its XRP lawsuit.
The post Ripple’s Chief Legal Officer...
Crypto market braces for turbulence after SBF conviction, rate cut revision
5.4.2024
The crypto market is known for its volatility. More than that, it is known for housing turbulence; most of it makes it to the surface and then the reports. Volatility entails fluctuations in the price, and turbulence pertains to incidents that catch tons of attention. That said, BTC and ETH...
OKX Ventures Invests in UTXO Stack’s Seed Round for BTC Layer 2 Development
5.4.2024
OKX Ventures, a pioneer in Web3 technology, is happy to announce that it will participate in UTXO Stack’s initial fundraising round. UTXO Stack is a modular platform for establishing BTC Layer 2 blockchains. This seed round has been collaboratively led by SNZ and ABCDE with OKX Ventures...