Author: Puskar Pande
Will Bitcoin crash? According to Robert Kiyosaki, Bitcoin will drop to $60k
The study by the author of “Rich Dad Poor Dad” coincides with growing market conjecture over Bitcoin’s next significant price shift. Through X, Kiyosaki expressed his outlook on the market…
Spectral Labs detects a syntax flaw and suspends contracts
Spectral Labs revealed that it has discovered a flaw that allowed a hacker to steal $200,000 in liquidity by affecting specific tokens on their Syntax platform, a no-code environment that…
According to a report, South Korea will delay its 20% cryptocurrency tax for the third time
According to local news agencies on Sunday, South Korea is anticipated to postpone its cryptocurrency gains tax for an additional two years. The Democratic Party of Korea (DPK), a left-wing…
Following a $300 million theft, the Japanese exchange DMM Bitcoin will close and move its assets to an SBI Group company
The May attack that caused losses of over $300 million has led to the closure of the Japanese cryptocurrency exchange DMM Bitcoin. The exchange’s assets will be purchased by SBI…
CryptoPunks led the November NFT surge with a 47% floor price increase
Although the NFT market has recovered significantly in November, CryptoPunks has been the most successful. Even if the NFT industry as a whole has been growing, CryptoPunks’ performance is far…
XRP surpasses Tether’s USDT in market capitalization to become the third-largest cryptocurrency globally
After bitcoin and ether, XRP is now the third-largest cryptocurrency in the world by surpassing Tether’s USDT stablecoin in market capitalization. As of this writing, XRP, which is primarily linked…
Procedure for lending Echelon releases the Move appchain, which is debt-driven
The Echelon team said on Nov. 28 that the appchain, which is based on Initia’s Interwoven Stack, makes use of Celestia’s modular blockchain technology. The launch of Echelon Chain comes…
$3.6 billion was spent on infrastructure by prominent Bitcoin miners
TheMinerMag reported that major companies in the Bitcoin mining and cryptocurrency space released their financial results on November 28. The majority of publicly traded companies have obtained $5 billion in…
Binance Labs reports that it has invested in Astherus
The investment in the multi-asset liquidity hub was disclosed by Binance Labs on November 28. With the money, Astherus will be able to improve user experience, launch additional yield-generating goods,…
Swiss politicians will research Bitcoin in order to upgrade the electricity grid
Dennis Porter, a proponent of Bitcoin, claims that Kullmann’s plan, which was approved on November 28, may help lead Switzerland to embrace Bitcoin. The Bitcoin policy will now investigate how…
The ‘genesis event’ for Hyperliquid’s HYPE token is scheduled for November 29
On November 29 at 7:30 UTC, Hyperliquid, a Layer 1 chain and decentralized perpetual trading platform, plans to introduce its native cryptocurrency, HYPE, at a genesis event. A significant turning…
Celsius’s second bankruptcy settlement will give $127 million to creditors
In a second settlement from its bankruptcy proceedings, Celsius, the now-defunct cryptocurrency lender, is allocating $127 million to qualified creditors, per a court statement filed on Wednesday. A cumulative distribution…
An ex-Revolut team raises $2.3 million to create Bleap, a “blockchain bank account”
In order to create Bleap, a “bank account on the blockchain,” former Revolut workers Joao Alves and Guilherme Gomes have acquired $2.3 million in pre-seed funding, which is being led…
‘9,000’ Upgrade Avalanche Testing Using Retroactive Grants Totaling $40 Million
Avalanche developers have released the Avalanche9,000 testnet, a blockchain update that aims to simplify and lower the cost of L1 development on its network. According to a release from the…
The $4 million seed extension round for stablecoin yield products company OpenTrade is led by AlbionVC
In a seed extension round, stablecoin yield products company OpenTrade has raised $4 million. The fundraising was led by AlbionVC, with a16z Crypto and CMCC Global also contributing. OpenTrade, which…
The launch of a tokenized money market fund on the XRP Ledger is announced by Ripple
Ripple declared on Monday that a tokenized money market fund would be available on the XRP Ledger. According to a news statement from Ripple, the launch was made possible by…
After Chair Gensler leaves, SEC Commissioner Jaime Lizárraga will depart the agency
Jaime Lizárraga, a senior leader at the U.S. Securities and Exchange Commission, announced his intention to depart the organization early in the upcoming year. Joe Biden announced his intention to…
As the price of bitcoin drops below $96,000, cryptocurrency liquidations have surpassed $500 million in the last day
As bitcoin retreats from $100,000, cryptocurrency liquidations have surpassed half a billion dollars in the last day. The cryptocurrency liquidations tracker Coinglass reports that as of 2:30 p.m. ET (19:30…
CBOE reports that spot bitcoin ETF index options will launch in December
The first cash-settled index options based on the spot price of bitcoin will be introduced by Cboe Global Markets. These options, which are set to debut on Monday, December 2,…
As the market surges in November, Ethereum’s onchain volume reaches $7.13 billion
The Ethereum daily onchain volume reached $7.13 billion last Friday, November 15, the largest single-day volume of the year. This indicates a rebound in Ethereum’s network activity as the larger…