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Roger Stone Endorses TRUMP Meme Token, Spurs Double-Digit Growth Amid Market Slump
17.4.2024
Roger Stone, a seasoned Republican political strategist, lobbyist, and former adviser to Donald Trump’s campaign, has endorsed the meme coin TRUMP on X, sparking a 17% increase in its value amid a wider downturn in the cryptocurrency market. Meanwhile, the meme token BODEN experienced a...
Drift Foundation Announces 100 Million Token Airdrop for Solana-Based Dex Users
16.4.2024
On April 16, 2024, the Drift Foundation, which supports the Solana-based decentralized exchange (dex) platform Drift, disclosed plans to distribute 100 million tokens to its users. The tokens will function as the platform’s governance coin, to be utilized by the community and the Drift...
A Fifth of Gen Z, Millennials Own Crypto; Over 60% Have Tried at Least One of Six Financial Hacks
12.4.2024
Approximately a fifth of America’s Gen Z and Millennials own cryptocurrency but only 20% own real estate, the latest Policygenius 2024 Financial Planning Survey has found. The survey report asserts that Baby Boomers have “benefited greatly from housing wealth,” which now accounts...
7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead
11.4.2024
Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world...
Circle Unveils Smart Contract Service for Blackrock BUIDL Holders to Convert to USDC
11.4.2024
On Thursday, the financial technology firm and stablecoin provider Circle introduced smart contract capabilities aimed at enabling holders of the Blackrock USD Institutional Digital Liquidity Fund (BUIDL) to exchange their shares for USDC through Circle. Circle Provides BUIDL Off-Ramp This week...
Stepn Rewards Move-to-Earn Users With $30 Million in FSL Points Airdrop
10.4.2024
On Wednesday, the Web3 fitness and move-to-earn platform Stepn unveiled a $30 million airdrop campaign, offering participants the chance to earn FSL points that can be exchanged for GMT tokens. Stepn Reveals $30M Airdrop, Precedes Big Brand Collaboration The Solana-based Stepn has begun...
8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024
7.4.2024
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces...
Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles
4.4.2024
In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions...
Origin Protocol’s OGN and OGV Tokens Will Be Merged to Improve Ethereum Liquid Staking
3.4.2024
Origin Protocol token holders have voted to merge the protocol’s lesser known token Origin DeFi Governance “OGV” with its native token OGN.
The post Origin Protocol’s OGN and OGV Tokens Will Be Merged to Improve Ethereum Liquid Staking appeared first on Cryptonews
Solareum to Close Shop Following $500,000 Exploit
2.4.2024
Following the discovery of a vulnerability that led to the loss of more than 2,000 Solana (SOL) tokens from users' wallets, Solareum, a Telegram trading bot for Solana-based currencies, announced its closure on March 31.
The post Solareum to Close Shop Following $500,000 Exploit appeared first...
Solana Foundation Asserts Core Network Should Be Permissionless Regarding Offensive Meme Coin Issues
1.4.2024
The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that the core components of Solana should be permissionless while blocking some of these offensive assets should...
Dogwifhat Rises to Become the Third-Largest Meme Coin by Market Valuation
30.3.2024
This week, the crypto asset dogwifhat (WIF), a meme coin, ascended to the third-highest valuation among all meme tokens. In the last day, WIF appreciated by 17% against the U.S. dollar and saw a 435% increase over the past 30 days. WIF Surpasses Major Competitors, Securing Third Spot Among Meme...
Judge Denies Coinbase Dismissal Request; CEO Hails Win for Self-Custody Wallets
27.3.2024
New York Judge Katherine Polk Failla has ruled that the U.S. Securities and Exchange Commission (SEC) has “sufficiently pleaded” its case and the lawsuit will move forward. Legal Battle Ahead: Coinbase Dismissal Motion Rejected by Judge On Wednesday, the most recent legal filings revealed that...
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
Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token
26.3.2024
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao,...
Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection
20.3.2024
On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which...
Blackrock Aims to Launch Tokenized Investment Fund, Seeks SEC Nod for ‘BUIDL’ Fund on Ethereum
20.3.2024
The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment fund. Additionally, the community has unearthed the development of a token named...
BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy
17.3.2024
Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore,...
Starbucks Discontinues NFT Program to ‘Prepare for What Comes Next’
17.3.2024
Starbucks has said it will discontinue its Odyssey non-fungible token beta program and members “have until March 25, 2024, to complete any remaining journeys.” Starbucks stated on its FAQ page that it will keep its NFT community in mind and is working to find a place for its members...
Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report
13.3.2024
Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most targeted. Unlike in January, the number of victims...