Day: March 19, 2024

Bitget Wallet’s Strategic Move with BWB Token Launch

Bitget Wallet, formerly known as BitKeep, is poised to introduce its native token following a substantial $30 million investment from the crypto exchange Bitget. This investment, which valued the wallet at $300 million in March 2023, marked the beginning of a new chapter for Bitget Wallet, showcasing a strategic pivot towards enhancing user engagement and […]

Vitalik’s Big Bet on Ethereum Name Service

Vitalik Buterin, co-founder of Ethereum, played a critical role in the development of the Ethereum Naming Service (ENS). By doubling the grant initially requested by Nick Johnson, ENS’s founder, Buterin’s support was instrumental in bringing the project to fruition. ENS emerged as a solution to a significant usability challenge within the Ethereum blockchain — creating […]

Ethereum’s Bright Future: $14,000 Horizon

Standard Chartered’s latest insights shine a spotlight on Ethereum, not just Bitcoin, as it forecasts an optimistic trajectory for the world’s second-largest digital asset. In a comprehensive report released on Monday, the British multinational bank laid out a bullish case for Ethereum, predicting its value could soar to $8,000 by the end of the year […]

CZ’s Giggle Academy: Revolutionizing Education

Changpeng “CZ” Zhao, formerly at the helm of Binance, is charting a new course with the unveiling of Giggle Academy, an ambitious online educational platform aimed at democratizing basic education worldwide. Despite the shadows cast by legal challenges, including a settlement over federal money laundering charges, Zhao’s vision for Giggle Academy is a beacon of […]

Jupiter’s Swift Aid to Burned Slerf Buyers

Jupiter, a decentralized exchange, has stepped up to support the buyers of the Slerf meme coin presale, who found themselves in a predicament following a significant blunder. Meow, the pseudonymous co-founder of Jupiter, revealed their plan to alleviate the financial strain on affected investors by redirecting fees to them. The incident occurred when the developer […]

Square Enix Joins Crypto Gaming with HyperPlay Investment

Square Enix, the acclaimed publisher behind iconic franchises like Final Fantasy and Kingdom Hearts, has announced a strategic investment in HyperPlay, a crypto-native game launcher. This partnership signals a bold step into the blockchain gaming space, with Square Enix also planning to bring its game Symbiogenesis to the platform. HyperPlay, while keeping the investment details […]

Bitcoin’s Flash Crash on BitMEX: An Unsettling Dive

Bitcoin (BTC) experienced a flash crash on the cryptocurrency exchange BitMEX, plummeting to as low as $8,900. This represented a stark contrast to other exchanges, where Bitcoin’s price hovered steadily above $60,000. The precipitous drop occurred at 22:40 UTC, and within a mere two minutes, Bitcoin’s value had plunged to its lowest point since early […]

Genesis Settles with SEC for $21 Million in Crypto Lending Case

Genesis, a subsidiary of the prominent crypto conglomerate Digital Currency Group (DCG), has reached a notable settlement with the Securities and Exchange Commission (SEC). The agreement entails Genesis paying a substantial $21 million civil penalty to resolve charges without admitting or denying any allegations leveled against it. The genesis of this settlement lies in the […]