02
Dec
2024
Posted in Bitcoin

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…

02
Dec
2024
Posted in Altcoin

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…

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02
Dec
2024
Posted in Policy and Regulation

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…

02
Dec
2024
Posted in Bitcoin

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…

02
Dec
2024
Posted in NFT

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…

02
Dec
2024
Posted in Altcoin

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…

29
Nov
2024
Posted in DeFi

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…

29
Nov
2024
Posted in Bitcoin

$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…

29
Nov
2024
Posted in Altcoin

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,…

29
Nov
2024
Posted in Policy and Regulation

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…

29
Nov
2024
Posted in DeFi

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…

29
Nov
2024
Posted in DeFi

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…

29
Nov
2024
Posted in DeFi

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…

28
Nov
2024
Posted in DeFi

Avant, a DeFi technology similar to Ethena, raises $6.5 million in startup money

Like Ethena Labs, Avant is a developer of crypto yield protocols, and has announced that it has raised $6.5 million in a seed fundraising round. Superlayer, Avalaunch, GoGoPool, Daybreak Digital,…

28
Nov
2024
Posted in DeFi

By the end of the year after acquisition, the DeFi derivatives protocol Cega will sunset the platform

The well-known on-chain protocol for structured investment products and exotic options, Cega, has said that it is being purchased by a “leading platform” and would cease operations by the end…

28
Nov
2024
Posted in Ethereum

To counteract centralization in Ethereum’s block building, Flashbots introduces BuilderNet

Flashbots, a blockchain research and infrastructure company, has unveiled BuilderNet, which it says will solve the apparent centralization problems with the block-building process on the Ethereum network. With a few…

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27
Nov
2024
Posted in Policy and Regulation

Trump team wants to weaken the function of the SEC and transfer crypto regulation to the CFTC: report

According to people familiar with the situation, Fox Business claims that President-elect Donald Trump and the incoming administration may allow the Commodity Futures Trading Commission to regulate specific digital assets….

27
Nov
2024
Posted in DeFi

After investing $30 million, Tron creator Justin Sun was appointed advisor to World Liberty Financial, which is supported by Trump

The Aave fork, World Liberty Financial, is supported by the friends and family of President-elect Donald Trump. The announcement was made a day after onchain data showed that HTX, the…

27
Nov
2024
Posted in Altcoin

Kraken will shut down the NFT marketplace and concentrate on other initiatives

The massive cryptocurrency exchange Kraken is closing its NFT marketplace in order to free up funds for future initiatives. Users will only be able to withdraw assets from Kraken’s NFT…

26
Nov
2024
Posted in Altcoin

‘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…