Author: Lalit Mohan

24
Apr
2024
Posted in Altcoin

Together, eToro and 21Shares will introduce a “data-driven” cryptocurrency portfolio for everyday investors

It uses data from monthly flows into European crypto ETPs and stores real crypto assets. The underlying assets, which include well-known cryptocurrencies like Bitcoin, Ethereum, and other altcoins, are divided…

24
Apr
2024
Posted in DeFi

Velvet Capital, a DeFi protocol supported by Binance, experiences a front-end attack

Hackers may have attacked Velvet Capital, a decentralized finance (defi) protocol that functions as an asset management dashboard, by taking advantage of front-end website weaknesses.  The team noted in an…

24
Apr
2024
Posted in Altcoin

Talos Expands Crypto Portfolio Management with Acquisition of Cloudwall

Talos, a prominent crypto trading software provider with backing from industry heavyweights like Citibank and Andreessen Horowitz (a16z), has announced the full acquisition of Cloudwall, a leading crypto risk management…

23
Apr
2024
Posted in Bitcoin

After growing for 70 straight days, BlackRock’s spot bitcoin ETF is admitted to an exclusive club

On Monday, the BlackRock spot bitcoin exchange-traded fund (ETF) saw inflows for the seventy-first day in a row. This ranked the exchange-traded fund (ETF) of the massive financial company among…

23
Apr
2024
Posted in Altcoin DeFi

Base develops an altcoin-specific DeFi lending market powered by Seamless Protocol

On Base, a Layer 2 created by the cryptocurrency exchange Coinbase, the DeFi lending protocol Seamless has opened up a loan market for cryptocurrencies. The first two tokens to enter…

23
Apr
2024
Posted in Policy and Regulation

Judge criticizes SEC for “abuse” of power in crypto fraud trial, prompting lawyers to resign

Following a Utah judge’s criticism of the U.S. Securities and Exchange Commission for a “gross abuse” of power, two lawyers from the agency recently resigned, according to Bloomberg, which cited…

23
Apr
2024
Posted in Bitcoin

Magic Eden introduces the Bitcoin Runes platform

On Monday, the NFT marketplace Magic Eden unveiled a brand-new Bitcoin BTC +0.42% Runes platform. Users can purchase Runes and Ordinals using their Magic Eden wallet and swap for Bitcoin…

23
Apr
2024
Posted in Metaverse & AI

Neura, an AI-focused Layer 1 blockchain, is released on a public testnet by Ankr

Ankr, a provider of Web3 infrastructure, has made its AI-focused Layer 1 blockchain, Neura, available on the public testnet. According to a statement sent to The Block, Neura, which was…

23
Apr
2024
Posted in Markets

NYSE may consider monitoring bitcoin markets round-the-clock: Financial Times

New York Stock Exchange considered trading nonstop, suggesting that traditional markets could learn from the cryptocurrency exchanges. According to a report published in the Financial Times on Monday, the NYSE’s…

23
Apr
2024
Posted in Altcoin

FTX Announces Auction of Locked Solana Tokens: Figure Markets CEO Confirms Participation

Amidst ongoing developments in the cryptocurrency market, FTX, the embattled cryptocurrency exchange, has revealed plans to auction off its remaining locked Solana (SOL) tokens. This decision follows the success of…

23
Apr
2024
Posted in DeFi

Hedgey Protocol Faces $44.7M Loss in Dual Cyber Attacks

Hedgey Protocol, a decentralized finance (DeFi) platform, has encountered a severe setback as it grapples with the aftermath of dual cyber attacks that have resulted in a substantial loss of…

23
Apr
2024
Posted in Altcoin Bitcoin

JPMorgan CEO Criticizes Bitcoin as a ‘Ponzi Scheme’ Despite Firm’s Involvement in Bitcoin ETFs

JPMorgan Chase CEO Jamie Dimon has once again cast doubt on the legitimacy of Bitcoin (BTC), branding it a ‘Ponzi scheme’ during a recent interview on Bloomberg TV. Dimon reiterated…

23
Apr
2024
Posted in Altcoin

Venezuela’s PDVSA Turns to Cryptocurrency Amid Renewed US Sanctions

Amidst the resurgence of US oil sanctions, Venezuela’s state-controlled oil company PDVSA is ramping up its utilization of digital currencies for crude oil and fuel exports, as reported by Reuters….

23
Apr
2024
Posted in Altcoin

Chile Progressing Towards Launching Central Bank Digital Currency

Chile is taking significant steps toward the potential launch of a Central Bank Digital Currency (CBDC), with strong public support for the central bank’s initiatives. According to reports from Criptonoticias,…

23
Apr
2024
Posted in Metaverse & AI

Square Enix Teams Up with Animoca Brands for Ethereum NFT Game Symbiogenesis

Square Enix, renowned for iconic JRPG titles like Final Fantasy and Dragon Quest, is venturing into the realm of crypto-based NFT gaming in collaboration with leading metaverse investment firm Animoca…

23
Apr
2024
Posted in Bitcoin

Hut 8 Positioned for Growth with $12 Price Target After Merger: Benchmark Analysis

Amidst an optimistic outlook, Benchmark’s assessment of Hut 8, a leading Bitcoin miner, forecasts a promising future with a bullish “buy” rating and a $12 price target, signaling substantial potential…

23
Apr
2024
Posted in Policy and Regulation

Settlement Proposal Emerges in Lawsuit Against Sam Bankman-Fried

A recent development in the ongoing legal battle involving former FTX CEO Sam Bankman-Fried has seen a group of cryptocurrency users considering dropping their lawsuit against him. The proposed settlement,…

23
Apr
2024
Posted in Policy and Regulation

Promoting Self-Regulation: Hong Kong’s Proposal for Crypto Industry Oversight

Hong Kong regulators are advocating for the establishment of a self-regulatory committee within the city’s crypto firms to bolster compliance monitoring efforts. The recommendation, put forth by the Hong Kong…

22
Apr
2024
Posted in Metaverse & AI

Crypto game “Nyan Heroes” made its debut during Epic Games’ launch, breaking onto the top 30 most-played list with 200,000 downloads

The long-term success of the cryptocurrency video game “Nyan Heroes” is still far from clear, but its developer, 9 Lives Interactive, believes there are many reasons for optimism following the…

22
Apr
2024
Posted in Altcoin

Dogecoin-related Shiba Inu photo rights purchased by DAO, resulting in doge memes

The rights to the Shiba Inu image connected to Dogecoin and the doge meme have been acquired by a group of meme-loving cryptocurrency internet users. According to the co-leaders of…