06
Nov
2024
Posted in Altcoin

Prior to the launch of a VPN, privacy firm Nym Technologies will repurchase $1 million in NYM tokens

Nym Technologies, a privacy-focused Swiss company sponsored by Andreessen Horowitz, intends to buy back $1 million worth of tokens. The goal of token buybacks, a fairly prevalent practice in cryptocurrency…

06
Nov
2024
Posted in Bitcoin

On Election Day, Bitcoin reaches a new all-time high above $74,000 as Trump gains an early lead

With the market processing Republican nominee Donald Trump’s early lead in the 2024 presidential election, the price of bitcoin has surpassed $73,737.94 to reach a new all-time high. According to…

06
Nov
2024
Posted in Altcoin

Introduction of SynFutures’ ‘Perp Launchpad’ and $1 million award program for decentralized derivatives startups

SynFutures, a decentralized derivatives firm, unveiled its Perp Launchpad, the first platform designed specifically for the establishment of perpetual futures markets. The launch coincides with a $1 million award program…

05
Nov
2024
Posted in Bitcoin

The biggest daily decline in spot bitcoin ETFs outflows since May recorded at $541 million

Monday’s $541 million net outflow from U.S. spot bitcoin exchange-traded funds was the biggest daily net outflow since May 1 and the second-largest negative flow since trading started in January….

05
Nov
2024
Posted in Bitcoin

The healthcare business Semler Scientific adds 47 bitcoins to its holdings, bringing its total to 1,058

The healthcare IT business Semler Scientific has paid $3 million for an extra 47 bitcoin as part of its continued goal to accumulate bitcoin, bringing its total holdings to 1,058…

05
Nov
2024
Posted in Meme Coin

As the tragedy of a euthanized pet named Peanut becomes an election issue, cryptocurrency speculators wager millions on memecoins with squirrel themes

Following the news that New York wildlife officials put a pet named Peanut to death, traders are placing bets on a variety of memecoins with squirrel themes on the Pump.fun…

04
Nov
2024
Posted in Policy and Regulation

Strive, founded by Ramaswamy, introduces a wealth management division to include Bitcoin in conventional portfolios

Strive Enterprises, an asset management company, was introduced on Friday. It was co-founded by billionaire Anson Frericks and Trump booster and former Republican presidential candidate Vivek Ramaswamy. incorporating Bitcoin into…

04
Nov
2024
Posted in Ethereum

With the launch of EIGEN Fairdrop, Zircuit hopes to provide an equitable and inclusive Ethereum staking rewards system

As a first for the industry, the Zircuit Fairdrop aims to distribute rewards in a more equitable manner by giving all qualifying EIGEN holders equal shares. Zircuit aims to contribute…

04
Nov
2024
Posted in Altcoin

Crypto-casino Due to an Ethereum and Solana hot wallet exploit, Metawin loses $4 million

By taking use of the protocol’s frictionless withdrawal mechanism, an exploiter was able to take a sizable quantity of tokens from the Ethereum and Solana hot wallets of cryptocurrency casino…

01
Nov
2024
Posted in Policy and Regulation

According to the Blockchain Association, since Gensler became chair, the SEC has cost the cryptocurrency industry $400 million

Member companies of the Blockchain Association claim to have incurred $400 million in fees related to enforcement actions initiated by the U.S. Securities and Exchange Commission, which is chaired by…

01
Nov
2024
Posted in Altcoin

Tether reports a net profit of $2.5 billion for the third quarter, for a total of $7.7 billion so far this year

According to its most recent attestation report, leading stablecoin supplier Tether reported on Thursday that it made $2.5 billion in profit in the third quarter. According to the cryptocurrency company,…

01
Nov
2024
Posted in Altcoin

According to Immutable, the US SEC sent them a Wells notice into possible securities law violations concerning IMX

The U.S. Securities and Exchange Commission has indicated that it may file an enforcement action against blockchain gaming platform Immutable for potentially violating securities laws. The business said that soon…

31
Oct
2024
Posted in Bitcoin

MicroStrategy says it will raise $42 billion to purchase further bitcoin

The biggest corporate bitcoin holder, business analytics firm MicroStrategy, released its third quarter financial results on Wednesday. Notable were fresh ambitions to raise $42 billion in cash and a 5.1%…

31
Oct
2024
Posted in Altcoin

The “most distributed” Solana airdrop is GRASS, with over 1.5 million addresses claiming tokens

Dune Analytics reports that the number of addresses that have claimed the GRASS token airdrop has increased to about 1.5 million. In terms of the total number of addresses that…

31
Oct
2024
Posted in Altcoin

Before the scheduled token burn, the US government exchanges Aragon’s ANT tokens for ETH

According to Arkham Research, tokens taken from Sam Bankman-Fried’s now-defunct hedge fund Alameda Research have been sold by the US government. The wallet, which has over $974,000 worth of cryptocurrency,…

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30
Oct
2024
Posted in Bitcoin

The government of Bhutan transfers $66 million in bitcoin to the Arkham Binance deposit address

On Tuesday morning, the Royal Government of Bhutan sent roughly 929 Bitcoin ($66.1 million) to a deposit address of the cryptocurrency market Binance. According to the onchain analytics platform Arkham,…

30
Oct
2024
Posted in Ethereum

Compared to other proof-of-stake networks, Ethereum’s staking rewards rate is still just about 3%

Following a minor decrease from slightly over 3.5% in the first quarter of 2024, the Ethereum network’s staking rewards rate remained near 3% in the third quarter. The Ethereum Staking…

30
Oct
2024
Posted in Altcoin

The largest Filecoin protocol, Glif, plans to airdrop 100 million tokens

With 100 million tokens available for airdrop to qualified customers, Glif, a liquid leasing platform on Filecoin and the largest DeFi protocol on the network, is about to introduce its…

29
Oct
2024
Posted in Altcoin

Circle will collaborate with Hong Kong telecom provider HKT to create a blockchain-based customer loyalty program

HKT, a significant telecoms service provider in Hong Kong, and Circle have inked a Memorandum of Understanding to discuss possible blockchain-based partnerships for creating a customer loyalty program for local…

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29
Oct
2024
Posted in Altcoin

By marketing a fraudulent cryptocurrency, hacker gains $600K by taking advantage of the founder of Truth Terminal’s X account

Andy Ayrey, the founder of Truth Terminal, had his X social media account compromised.  With the deployer account obtaining 12.5% of the token supply, the hacker published a contract address…