Day: March 6, 2024

Revolut and MetaMask Unite

Revolut has announced a strategic collaboration with MetaMask, a leading self-custodial wallet, to introduce Revolut Ramp. This innovative feature is designed to simplify the process of funding MetaMask wallets using funds from Revolut accounts. This integration is particularly aimed at users in the U.K. and the European Economic Area (EEA), marking a significant step towards […]

NFT Market Shifts with Bitcoin Ordinals

The NFT marketplace has witnessed a significant transformation in recent weeks, propelled by a growing demand for NFTs and the rising prices of cryptocurrencies. A noteworthy event underscoring this trend is the recent $16 million sale of a CryptoPunk, marking the fifth-most expensive NFT sale to date. This sale not only emphasizes the burgeoning interest […]

SEC Delays Ethereum ETF Decision

The Securities and Exchange Commission (SEC) has once again deferred its decision on a highly anticipated spot Ethereum ETF proposed by the investment behemoth BlackRock, marking the second such delay. Originally filed in November, the application for the iShares Ethereum Trust sought to provide investors with direct exposure to Ethereum through a regulated framework. However, […]

Ethereum Fee Surge Amidst Crypto Value Boom

The cryptocurrency market is witnessing an unprecedented rise, with Ethereum at the forefront of this surge. However, this increase in value comes with its own set of challenges, notably the steep rise in Ethereum gas fees. Recent data from Etherscan shows that gas fees had soared to over 174 gwei by midday Monday, significantly impacting […]

Surge in Bitcoin ETF Investments

Investor enthusiasm for digital assets, especially Bitcoin, has shown remarkable resilience. In the past week alone, a staggering $1.84 billion was funnelled into cryptocurrency investment products. This considerable sum underscores the allure of Bitcoin, often referred to as “digital gold,” which accounted for $1.73 billion of the total investment. This period marks the second-largest week […]

Bitcoin NFTs Take Off: NodeMonkes Fetch $1 Million in Record Sale

Just as Bitcoin itself rallies towards its all-time high, the market for Bitcoin Ordinals, the network’s answer to NFTs, is exploding. The NodeMonkes collection is leading the charge, with record-breaking sales culminating in a historic $1 million NFT. Data from CryptoSlam reveals that NodeMonkes has dethroned all other individual Ordinals and NFT projects over the […]

Fantom Ramps Up Legal Battle, Seeks Multichain Foundation Liquidation

The Fantom Foundation, a prominent player in the decentralized finance (DeFi) space, is throwing down the gauntlet against Multichain Foundation. In a recent blog post, Fantom announced its intention to petition a Singapore court to liquidate Multichain, a measure aimed at recovering assets lost in a July 2023 exploit. The exploit on Multichain‘s cross-chain bridge […]

Wormhole Airdrop Hints at Multi-Billion Dollar Windfall for Crypto Users

The crypto community is abuzz with excitement surrounding Wormhole, a popular cross-chain bridge protocol, and its potential multi-billion dollar airdrop of the upcoming ‘W’ token. Pre-market trading data hints at a skyrocketing price for the token, fueling speculation about a massive giveaway for users. Wormhole tokens were spotted trading for a staggering 2.49 USDT in […]