Author: Puskar Pande

03
May
2024
Posted in Blockchain

Coinbase reports $1.6 billion in Q1 earnings as transaction revenue jumps

Following today’s closing bell, Coinbase announced that it achieved a record-breaking first quarter, generating $1.6 billion in revenue—a 72% increase over the previous quarter. The business also revealed a sharp…

03
May
2024
Posted in Bitcoin

10% of monthly bitcoin income will be invested by Dorsey’s Block, and shares increase after Q1 results above expectations

After-hours trading on Thursday saw Block (SQ) shares rise in response to first-quarter profits that exceeded analysts’ projections. Achieved adjusted profits per share of 85 cents over the consensus forecast…

02
May
2024
Posted in Altcoin

With more than 40 apps, Build on Bitcoin launches its mainnet

The team announced on Twitter that the BOB mainnet is going live with over 40 dapps available and $300 million in total value locked (TVL). They called it “a Bitcoin-driven…

30
Apr
2024
Posted in Altcoin

EigenLayer announces a plan to allocate 15% of the token airdrop to ecosystem participants

Protocol for retaking In May, EigenLayer will debut a native token, which will be distributed through an airdrop for platform staking users. According to a release, the independent non-profit Eigen…

30
Apr
2024
Posted in Bitcoin

MicroStrategy increases its total holdings to 214,400 BTC in April after purchasing 122 BTC

MicroStrategy, led by Michael Saylor, disclosed fresh data on its bitcoin holdings on Monday in conjunction with its first-quarter 2024 financial report. According to the quarterly report, the company currently…

30
Apr
2024
Posted in Altcoin

Transaction volume for Tether, USDC, and DAI exceeds Visa’s monthly average for 2023: Nansen

According to Nansen, the volume of transactions for Tether, USDC, and DAI during the last 30 days has exceeded Visa’s monthly average for 2023. According to onchain expert Nansen, the…

29
Apr
2024
Posted in Ethereum

Ethereum Surges as Transaction Fees Plummet to Six-Month Low

Ethereum has emerged as the top-performing digital asset of the week, experiencing a notable price increase of over 6% to surpass $3,300. This surge in Ethereum’s value coincides with a…

29
Apr
2024
Posted in Bitcoin

BlackRock’s Bitcoin ETF Sees Three Consecutive Days of Zero Inflows

BlackRock’s iShares Bitcoin Trust (IBIT) has encountered a notable trend, experiencing three consecutive days without any new investments, a stark deviation from its previous streak of continuous inflows lasting 71…

29
Apr
2024
Posted in Altcoin

DOJ Challenges Tornado Cash Developer’s Dismissal Motion, Rattles Crypto Traders

The recent stance of the US Department of Justice (DOJ) against Roman Storm’s motion to dismiss in the Tornado Cash case has triggered concerns within the cryptocurrency market. The DOJ,…

29
Apr
2024
Posted in Altcoin

Google Cloud’s Web3 Portal Launch Triggers Debate in Crypto Community

Google Cloud has recently introduced its Web3 portal, designed to cater to blockchain developers by providing access to datasets and tutorials on non-fungible tokens (NFTs). However, the response from the…

29
Apr
2024
Posted in Altcoin

zkSNACKs Blocks Access for US Users to Wasabi Wallet: Regulatory Pressures Tighten

In a recent move, zkSNACKs, the developer behind Wasabi Wallet, has announced a ban on U.S. citizens accessing its services. The decision, outlined in a post on the Wasabi Wallet…

29
Apr
2024
Posted in Altcoin

Movement Labs Secures $38 Million Investment Led by Polychain Capital

San Francisco-based blockchain developer Movement Labs has successfully raised $38 million in a Series A funding round, with Polychain Capital leading the investment. This substantial funding is intended to bolster…

29
Apr
2024
Posted in Altcoin Bitcoin

Turmoil Strikes Beribit Amidst Russian Contemplation of Crypto Exchange Ban

Over 50 clients of the Russian cryptocurrency exchange Beribit gathered outside the company’s Moscow office in an attempt to voice their grievances and reclaim approximately 400 million rubles that had…

29
Apr
2024
Posted in Altcoin

Terra Luna Classic Proposes Changes to Burn Tax Amid Price Downturn

Terra Luna Classic, a resilient blockchain community, has approved adjustments to its burn tax model in response to dwindling liquidity and sell pressure on the LUNC token. In a recent…

29
Apr
2024
Posted in NFT

Futabasha Collaborates with SBINFT for Exclusive NFT Giveaway

The collaboration between Futabasha, a renowned manga publisher, and SBINFT, a leading Web3 platform, highlights the growing trend of mainstream companies embracing NFTs as a marketing tool.  By leveraging blockchain…

26
Apr
2024
Posted in BSC

BNB Introduces Native Liquid Staking on BSC

BNB Chain, a prominent ecosystem within the crypto landscape, has unveiled plans to introduce native liquid staking on its Binance Smart Chain (BSC) blockchain. This new addition is designed to…

26
Apr
2024
Posted in Bitcoin

‘Epic sat’ from the fourth Bitcoin halving block by ViaBTC is sold for 33.3 BTC ($2.13 million)

From the fourth halving block of Bitcoin, an incredibly uncommon satoshi, the smallest unit of currency, known as a “epic sat” sold for more over $2 million. “Sat 1,968,750,000,000,000” was…

26
Apr
2024
Posted in Altcoin

$50 million cryptocurrency gaming rewards program is being launched by Immutable

Immutable, a blockchain-based gaming platform, has declared the commencement of “the largest ever web3 gaming quest and rewards program.” Dubbed “The Main Quest,” Immutable claimed to have already secured token…

26
Apr
2024
Posted in Altcoin

Frustrated by recoveries, Celsius Loan creditors intend to oppose Celsius’ reorganization plan

According to people familiar with the situation who spoke with The Block, cryptocurrency traders are looking into legal challenges to Celsius’ reorganization plan because they feel the accord unfairly favors…

Bitcoin with laptop in background
26
Apr
2024
Posted in Altcoin Bitcoin

Peer-to-peer transactions are supported by Franklin Templeton for its on-chain US Government Money Fund

Franklin Templeton, an asset management company, has made it possible for tokenized shares in its on-chain U.S. Government Money Fund to be transferred amongst peers. Franklin Templeton is the market…