16
Apr
2024
Posted in Ethereum

Ethereum Lending Markets Experience Significant Loan Liquidations

The first two weeks of April saw a high volume of liquidations in Ethereum lending markets, hitting levels not seen since June 2022. Despite the month barely being half over,…

16
Apr
2024
Posted in Altcoin

Avail Plans Token Airdrop: Eligibility Criteria Leaked

Avail, a blockchain data availability project currently on a test network, is preparing for a token airdrop and has outlined eligibility criteria. This move aligns with the trend set by…

16
Apr
2024
Posted in Ethereum Liquid Staking LST

Ether.Fi Secures $500 Million Restaking Partnership with RedStone Oracles

Ether.Fi, the leading liquid restaking service on EigenLayer, has reached a $500 million deal with RedStone Oracles, a provider of blockchain data feeds. This partnership aims to enhance RedStone’s data…

16
Apr
2024
Posted in Altcoin

Solana Developers Test Congestion Solutions and Prioritize Traffic in Testnet

A group of developers focusing on the Solana blockchain, known as Anza, has made progress toward reducing the network congestion that has affected Solana’s performance. The new version of Solana,…

16
Apr
2024
Posted in Altcoin

Governments Around the World Among Largest Holders of Cryptocurrency

Recent data from blockchain intelligence firm Arkham Intelligence has revealed that the United States, United Kingdom, and Germany are among the top countries with the largest government-held cryptocurrency reserves. The…

16
Apr
2024
Posted in Altcoin

IRS Anticipates Rise in Crypto Tax Evasion Cases This Year

The United States Internal Revenue Service (IRS) is bracing itself for an increase in crypto-related tax evasion cases as U.S. citizens face the annual tax filing deadline on April 15….

16
Apr
2024
Posted in Metaverse & AI

Avalon, a crypto gaming studio, raises $10 million in funding led by Bitkraft and Hashed

A $10 million fundraising round headed by Bitkraft Ventures and Hashed has been extended to Avalon, a cryptocurrency gaming studio that intends to launch a massively multiplayer online game. “Avalon,”…

16
Apr
2024
Posted in Altcoin NFT

Adidas and Stepn, a cryptocurrency exercise app, are partnering to release NFTs and merchandise

Stepn, a fitness app founded in Solana, announced on Monday that it is partnering with shoe and sportswear giant Adidas. The Stepn x Adidas Genesis Sneakers collection, a batch of…

16
Apr
2024
Posted in Altcoin

The price of Railgun quickly rises by 123% after Vitalik Buterin’s endorsement

Following a post by Vitalik Buterin on X.com highlighting Railgun’s privacy benefits, the company reported a triple-digit percentage growth. The Railgun token increased in value by more than 123%. At…

16
Apr
2024
Posted in Altcoin Policy and Regulation

UK will pass legislation establishing a framework for regulating cryptoassets before the end of July

Bim Afolami, the UK Economic Secretary to the Treasury, stated that legislation establishing a framework for regulating cryptoassets will be passed by the end of July. Afolami announced the timeline…

16
Apr
2024
Posted in Altcoin

Uniswap trading volumes are close to $3 billion even after the Wells Notice

April is turning out to be Uniswap UNI -8.088% a month to remember. To begin with, on April 5, the decentralized exchange giant’s total trading volume surpassed $2 trillion, confirming…

16
Apr
2024
Posted in Altcoin

Arbitrum BOLD is released on the testnet by Offchain Labs

The company developing the Arbitrum ecosystem, Offchain Labs, introduced Arbitrum BOLD on the testnet. The Bounded Liquidity Delay, or BOLD, is a dispute protocol with interactive fraud proofs for optimistic…

16
Apr
2024
Posted in Policy and Regulation

Nebraska man is accused of “cryptojacking” to mine $1 million worth of cryptocurrency

The U.S. Department of Justice claims that 45-year-old Charles O. Parks III stole $3.5 million in cloud computing services to generate $1 million worth of Ether, Litecoin, Monero, and other…

16
Apr
2024
Posted in NFT

Floor price of Bored Apes has dropped more than 90% from its peak and is at its lowest point since 2021

Given that the floor price of the once-celebrated collection has dropped to its lowest position since August 2021, Bored Ape Yacht Club NFTs might have had more than just a…

16
Apr
2024
Posted in Altcoin

OKX hopes to add 50 million users to the chain by launching a new Layer 2 on the mainnet

With X Layer now live on the public mainnet, cryptocurrency exchange OKX hopes to get its 50 million users onto the chain. The native asset used to cover transaction fees…

16
Apr
2024
Posted in Altcoin Resources and Guides

How to Mine Bitcoin Cash in 2024

Cryptocurrencies generate new currency and safeguard their network through mining. The term Proof of Work (PoW) refers to the process of demonstrating that miners have actually worked on the problem…

15
Apr
2024
Posted in Bitcoin Resources and Guides

How to Mine Bitcoin SV in 2024

Miners are the people who keep a blockchain network like Bitcoin SV (BSV) safe. They keep the network running by adding new coins that are created as rewards for mining,…

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…