Author: Puskar Pande

15
Apr
2024
Posted in Bitcoin

Here’s Why Robert Kiyosaki Won’t Invest in a Bitcoin ETF

Author Robert Kiyosaki explained his refusal to invest in a spot bitcoin exchange-traded fund (ETF).  He emphasized, “I do not own gold or silver ETFs, just as I own gold…

15
Apr
2024
Posted in Bitcoin

$4,500 Crash Is Caused by Severe Bitcoin Market Volatility; $167 million in BTC Longs Are Erased in One Hour

Bitcoin’s (BTC) price dropped below the $62,000 barrier about 4:00 p.m. Eastern Time on Saturday after trading mostly in the $67,000 range during the morning. Within three hours, the cryptocurrency…

15
Apr
2024
Posted in Altcoin

Amid the volatility in the cryptocurrency market on Saturday, USDE and FDUSD saw brief depegs

The stablecoin market is under scrutiny once more after the USDE and FDUSD momentarily dropped below the intended peg. Both Ethena’s USDE and First Digital’s FDUSD dropped below their goal…

13
Apr
2024
Posted in Altcoin

Anza Rolls Out Updates to Alleviate Solana Network Congestion

Anza has released an update in version 1.18.11 of its validator client to address persistent network congestion issues affecting the Solana blockchain. Validator clients play a crucial role in proof-of-stake…

13
Apr
2024
Posted in Altcoin

Mysten Labs Introduces Suiplay0x1, a Web3-Enabled Gaming Handheld

Mysten Labs, known for developing the proof-of-stake blockchain project Sui, has revealed its plans to launch Suiplay0x1, a gaming handheld with Web3 capabilities. While specific hardware details remain under wraps,…

13
Apr
2024
Posted in Altcoin Bitcoin

Cryptocurrency Market Faces Turbulence Amid Broader Economic Concerns

The cryptocurrency market experienced significant volatility on Friday as investor concerns about the broader economy and geopolitical tensions spread to digital assets. Bitcoin, the leading cryptocurrency, dropped to $63,000 after…

12
Apr
2024
Posted in Altcoin

Users can now verify their eligibility for NFT claims and airdrops using MetaMask

Users of the Web3 wallet MetaMask can now confirm their eligibility for airdrops by integrating with the onchain project Daylight. “We’ve collaborated with Daylight to assist users in determining whether…

12
Apr
2024
Posted in Altcoin

Points where Stepn is airdropping $30 million worth of GMT tokens

Stepn, a fitness app, will be airdropping bonus points valued at $30 million in GMT -2.46% tokens. Users are receiving 100 million “FSL” points from Stepn. FSL points can be…

12
Apr
2024
Posted in Altcoin Blockchain

Sapien raises $5 million to use AI tools for data labeling

In an initial fundraising round, Sapien raised $5 million to expand its data labeling business. Investors including Yield Guild Games, Animoca, Artichoke Capital, and Primitive Ventures contributed to the round….

12
Apr
2024
Posted in Altcoin

Alpen Labs wants to use $10.6 million in funding to scale Bitcoin via zero-knowledge proofs

Since Ribbit Capital led a $10.6 million fundraising round, Alpen Labs has come out of stealth mode. The Ethereum community is more closely linked with zero-knowledge technology, a kind of…

12
Apr
2024
Posted in Altcoin

Stream Trading for Crypto Derivatives Exchange Raises $1.5M in Seed Funding

The nearly lucrative protocol’s goal is to expose depositors to high-yield rate arbitrage trades, for which it levies fees of 10% or more. The startup creating Stream Finance, one of…

12
Apr
2024
Posted in Altcoin

The SocialFi application Tomo intends to restructure points and earns $3.5 million in preliminary funding

The $3.5 million seed investment round for the socialFi app Tomo has completed, lead by Polychain Capital. Symbolic Capital, Consensys, OKX Ventures, Nomad Capital, Story Protocol, dao5, KuCoin Ventures, and…

12
Apr
2024
Posted in Altcoin Policy and Regulation

SEC is suing Uniswap in an attempt to impede the rapidly expanding DeFi industry

In a warning to Uniswap on Wednesday, the Securities and Exchange Commission stated that it plans to file an enforcement action against the company. Uniswap is the main platform for…

11
Apr
2024
Posted in Altcoin DeFi Ethereum

“The war on DeFi has begun,” says the cryptocurrency sector in response to the SEC serving Uniswap with a Wells Notice

The U.S. Securities and Exchange Commission served Uniswap UNI -17.095% Labs with a Wells Notice, signaling an impending litigation, as disclosed today. It should come as no surprise that the…

11
Apr
2024
Posted in Liquid Staking LST

Institutional Staking-as-a-Business facility emerges on P2P.org

According to a press statement from the startup, P2P.org has more than a million Ether (ETH) staked, and its total value locked (TVL) has topped $7.4 billion.  To support the…

10
Apr
2024
Posted in Altcoin Blockchain

Jolt ‘zkVM’ is released by a16z Crypto to aid in scaling chains using ZK proofs

The venture capital firm Andreessen Horowitz’s cryptocurrency-focused subsidiary, A16z Crypto, has unveiled Jolt, a zero-knowledge solution that it refers to as a “zkVM,” with the goal of streamlining and expediting…

10
Apr
2024
Posted in Altcoin

Saga cryptocurrency had significant volatility following its listing on Binance and mainnet launch

Protocol Layer 1 According to Binance, the platform where Saga’s token initially began trading on Tuesday, the mainnet went live and the token looks to be creating a significant amount…

10
Apr
2024
Posted in Ethereum Policy and Regulation

Steven Nerayoff, a former Ethereum advisor, is suing the US government for $9.6 billion 

An early Ethereum network advisor is claiming that federal authorities “maliciously” investigated and prosecuted him, and he is suing the government of the United States for $9.6 billion. Steven Nerayoff’s…

10
Apr
2024
Posted in Altcoin

EigenDA data availability layer and EigenLayer restaking platform are introduced on the Ethereum mainnet

On Tuesday, the Ethereum mainnet saw the introduction of the restaking platform EigenLayer and its data availability layer EigenDA.  According to an official statement from EigenLayer’s developers, the change enables…

10
Apr
2024
Posted in Metaverse & AI

Immutable zkEVM blockchain hosts the debut of the Web3 game “MetalCore” 

The web-based third-person shooter game “MetalCore” was released on the Immutable zkEVM blockchain. “MetalCore” is the first game that can be played on a blockchain. According to an official announcement,…