17
Apr
2024
Posted in Bitcoin

Bitcoin Exchange Supplies Nearing Depletion, Says Bybit

Bitcoin’s supply on centralized exchanges is on the verge of being depleted within the next nine months, according to a recent analysis by Bybit. The company’s report, drawing on data…

17
Apr
2024
Posted in Policy and Regulation

South Korean Police Raid Offices of Winnerz Over Allegations of Crypto Fraud

South Korean police conducted a raid on the offices of the sports-themed blockchain platform Winnerz as part of an investigation into allegations that its WNZ token is a “scam coin.”…

17
Apr
2024
Posted in Blockchain

Trust Wallet Alerts iOS Users to Zero-Day Exploit Risk

Crypto wallet provider Trust Wallet has issued a warning to iOS users regarding a high-risk zero-day exploit targeting iMessage. The company announced on April 15 that it had received “credible…

17
Apr
2024
Posted in Bitcoin

Norway Plans to Regulate Data Centers to Control Cryptocurrency Mining

Norway is preparing to introduce a new law that will regulate data centers in the country, aiming to exert greater control over operations within these facilities. The legislation seeks to…

17
Apr
2024
Posted in Bitcoin

Bitcoin Miners Prepare for Halving as Competition Heats Up

As the anticipated Bitcoin halving approaches, the event is now expected to occur a day earlier than initially predicted, on April 19, rather than April 20. Despite an increase in…

17
Apr
2024
Posted in Altcoin

Umoja and Merlin Chain Collaborate to Launch Bitcoin’s First High-Yield Synthetic Dollar

The smart money protocol Umoja has announced a partnership with the Bitcoin layer two (L2) project Merlin Chain to introduce a groundbreaking high-yield synthetic dollar backed by Bitcoin. This new…

17
Apr
2024
Posted in Ethereum

Aligned Layer Raises $2.6M to Improve Ethereum’s Performance with Cost-Effective Validity and ZK Proofs

Aligned Layer has successfully secured $2.6 million in funding from a group of investors led by Lemniscap, alongside Paper Ventures and Bankless Ventures. This funding marks a significant achievement for…

17
Apr
2024
Posted in BSC

Binance.US Appoints Former New York Fed Compliance Chief to Board

Binance.US has announced the addition of Martin Grant, a former senior official at the Federal Reserve Bank of New York, to its board of directors. Grant, who served as the…

17
Apr
2024
Posted in Bitcoin

Ahead of the halving, Bitcoin mining stocks are still plunging

With investors gravitating toward safer assets due to geopolitical uncertainties following recent hostilities between Iran and Israel and growing short interest in cryptocurrency mining equities, stock values are continuing to…

17
Apr
2024
Posted in Altcoin

Users will get an airdrop of 100 million tokens from Solana DEX Drift

Drift, a decentralized exchange system based in Solana that allows trading of cryptocurrency perpetual futures, is about to debut and airdrop DRIFT, its “governance” token. According to Drift’s announcement on…

17
Apr
2024
Posted in Bitcoin

Since spot ETFs launched, Grayscale’s GBTC has seen a 50% decrease in Bitcoin holdings, reaching its own halving

Since the launch of the U.S. spot bitcoin exchange-traded funds on January 11, Grayscale’s holdings of GBTC bitcoin have decreased by half in around three months. Rather than starting from…

17
Apr
2024
Posted in Liquid Staking LST

Puffer Finance, an Ethereum liquid restaking technology, has raised $200 million in a new token funding round

Co-led by Brevan Howard Digital and Electric Capital, Puffer Finance is an Ethereum ETH +2.01% liquid restaking protocol that has raised $18 million in a Series A fundraising round. Coinbase…

17
Apr
2024
Posted in NFT

PayPal eliminates the safeguards for NFT buyers and sellers

According to the company’s little-noticed terms-of-service modification, PayPal is discreetly withdrawing the purchasing and selling safeguards for non-fungible token-related (NFT) transactions, partially reversing its prior position. NFT purchases will no…

17
Apr
2024
Posted in Altcoin

CVEX, a decentralized exchange, has raised $7 million in advance of its planned mainnet debut

The $7 million that Crypto Valley Exchange (CVEX) has raised will go toward helping it launch its primary network later this year. The funds were raised in pre-seed and seed…

17
Apr
2024
Posted in Altcoin

Balaji Srinivasan and colleagues contribute $7.5 million to the DePIN project SendingNetwork

A seed extension financing round has garnered $7.5 million for SendingNetwork, a decentralized physical infrastructure network (DePIN) initiative centered on web3 communications. According to SendingNetwork on Tuesday, a number of…

17
Apr
2024
Posted in Altcoin

A mining protocol similar to Bitcoin: Solana’s ore mining is suspended due to network congestion

Following an increase in network congestion on Solana SOL +5.43%, Ore, a startup that mines a currency similar to Bitcoin, stated that it is stopping mining. “I have decided to…

17
Apr
2024
Posted in Altcoin Resources and Guides

How to Mine Litecoin in 2024

Since the foundation of cryptocurrencies is decentralization, no single entity is in charge of minting or issuing new currency. The process of achieving issuance involves figuring out intricate cryptographic computations….

16
Apr
2024
Posted in Ethereum

Ethereum’s Pectra Upgrade Brings Smart Contract Functionality to Wallets Amidst Concerns

Ethereum developers are moving forward with the long-anticipated inclusion of EIP-3074 in the blockchain’s next upgrade, known as Pectra. The upgrade is expected later this year and aims to bring…

16
Apr
2024
Posted in Altcoin

Winklevoss Twins Invest $4.5 Million in Peter McCormack’s Football Club

The Winklevoss twins, Tyler and Cameron, have made a notable investment in Real Bedford FC, a football club owned by Peter McCormack, host of the “What Bitcoin Did” podcast. The…

16
Apr
2024
Posted in Altcoin

Gold-Backed PAXG Token Soars Amid Geopolitical Tensions

PAX Gold (PAXG), a gold-backed digital asset developed by Paxos, saw its price surge significantly over the weekend due to heightened geopolitical tensions in the Middle East. This spike in…