Author: Lalit Mohan
Launch Date of the Much-Awaited DeFi Exchange Infinex Revealed
Kain Warwick, the founder of Synthetix, made the declaration. This eagerly awaited launch comes after it was originally scheduled for the fourth quarter of 2022. Infinex Announces the Launch Date…
Jito takes $1.4 billion from the Solana procedure
With its December launch, Jito gave away $165 million in free tokens through an airdrop. To be eligible for the community reward, which was supported by a $10 million series,…
By 2028, DePin Networks’ addressable market size is expected to grow to 3.2 trillion dollars
‘DePIN’term was first used by Messari in 2022. It was formerly known as TIPIN, MachineFi, EdgeFi, and PoPw. Despite the name change, the fundamental concept of this category has always…
Binance Works with Indian Authorities to Catch $10 Million Fraud
The exchange and two more people worked with local law enforcement to expose a money laundering operation. The regulatory focus on the Indian cryptocurrency business has recently increased, with initiatives…
Amid a US coin mixer crackdown, ZkSNACKs will discontinue its coinjoin anonymizing service
As American regulators and authorities tighten down on coin mixers and other tools that mask cryptocurrency transactions, the wallet maker is pulling support for transaction privacy service Coinjoin in response…
Peter Schiff Declares Bitcoin to be in a Bear Market Despite Stagflation in the US Economy
Peter Schiff on the US economy facing stagflation and the bear market for bitcoin A gold bug and an economist On Wednesday, Peter Schiff shared his thoughts on bitcoin and…
Leading Blade Games’ $2.4 million seed round to develop the modular ZK game engine are PTC Crypto and IOSG Ventures
The $2.4 million seed fundraising round for Blade Games, an on-chain game studio and infrastructure supplier, was successfully concluded. Along with participation from Bonfire Union Ventures, Animoca Ventures, Mantle, ForesightX,…
In the first quarter of 2024, Tether had a record net profit of more over $4.5 billion
Tether Holdings Limited disclosed its assurance opinion for the first quarter of 2024 on Tuesday. The report included information on $1 billion in profit from the group’s subsidiaries that are…
Haun Ventures is leading Agora, a cross-chain governance platform, in a $5 million seed round
The investment was led by Haun Ventures and included additional contributions from Seed Club, Coinbase Ventures, Credibly Neutral, Sina Habibian, Balaji Srinivasan, Packy McCormick, Tim Beiko, Dan Romero, Eva Beylin,…
Elliptic, a crypto forensics company, uses AI advancements to find Bitcoin money laundering
Elliptic’s detection methods are being improved by the company, according to a statement. The effort is documented in a recently published research article that was “co-authored with researchers from the…
Coinbase Intends To Provide Canadian Dollar-Posed Stablecoin Cryptocurrency Trading
Like Tether (USDT) and USD Coin (USDC), two other well-known stablecoins, QCAD maintains its peg with complete backing from reserves equivalent to or more than the total amount of tokens…
Chinese Police Apprehend Suspect in STRK Airdrop Scam for False Identity Scheme
The incident underscores the necessity for security measures and draws attention to the hazards of fraud in Bitcoin networks. Chinese police have arrested a person who was part of an…
Chainlink to Introduce a Blockchain Adapter for Financial Information eXchange (FIX)
A partnership to develop a native blockchain adapter for Financial Information eXchange (FIX) has been announced by Chainlink and Rapid Addition. Improving financial institutions’ capacity to interact with a variety…
As the cryptocurrency market declines, Azuki NFT sales soar to all-time highs
Azuki, an Ethereum-based cryptocurrency, reached unprecedented heights in the non-fungible token (NFT) market as the cryptocurrency market saw severe downturns, with Bitcoin (BTC) falling to its lowest level since February….
A lawmaker from Argentina unveils a draft bill regulating Worldcoin
Argentina’s Lawmaker: Ensuring Consumer Rights Is Critical Carlos Puglelli, a member of the Buenos Aires parliament, is the author of the new measure, according to the assembly’s official news source….
Ex-Revolut executive raises $6.5 million for the X10 hybrid cryptocurrency exchange
With $6.5 million in investment, the hybrid cryptocurrency exchange X10—which uses the StarkEx Layer 2 engine—launched out of stealth on the testnet today. According to a statement, the platform is…
South Korean Tech Behemoths Kakao and Naver Plan to Introduce Token in June
Behind the Klaytn blockchain and its Klaytn (KLAY) coin is Kakao, the company behind the KakaoTalk communication program. South Korea’s version of Google is called Naver. Through its Line affiliate,…
Cryptocurrency Markets Collapse Due to Dismal Hong Kong ETF Flows
The largest cryptocurrency in the world, Bitcoin (BTC), is currently trading below $61,000, while Ethereum (ETH) is down 7% and trading at about $3,000. According to CoinGecko, the value of…
CoinGecko: By DEX trading volume, Ethereum surpasses Solana
With a share of 21.3%, the Solana blockchain is currently ranked second; nevertheless, it has grown at the fastest rate during the reporting period, hitting $40 billion at 244.8%. Third…
Changpeng Zhao, the former CEO of Binance, received a four-month prison sentence
Tuesday’s sentencing session saw Zhao apologize and express his desire to accept accountability for his “mistakes.” Additionally, he stated that Binance has put in place an anti-money laundering and Know…