Day: April 12, 2024

Crypto Market Tumbles, $200M in Longs Liquidated

The cryptocurrency market is experiencing a significant downturn, with major cryptocurrencies including Bitcoin and Ethereum seeing substantial drops in value. Over the past 24 hours, the market has witnessed over $200 million in long positions being liquidated, reflecting the volatile nature of this digital asset space. Bitcoin, the leading cryptocurrency, has declined to just under […]

BlackRock’s IBIT ETF Surpasses $18 Billion

BlackRock’s iShares Bitcoin Trust (IBIT) has emerged as a monumental success in the world of cryptocurrency investments. Since its launch on January 11, IBIT has amassed over $15 billion in investments. This remarkable achievement highlights the growing interest and trust in Bitcoin as a viable asset class among traditional investors. The spot Bitcoin exchange-traded fund […]

Animoca’s Bold Web3 and NFT Market Outlook

Despite a notable slowdown in the NFT market, with monthly sales volumes dropping to $1.4 billion from a peak of $6 billion in January 2022, industry leaders remain optimistic. Yat Siu, the chairman of Animoca Brands—one of the most significant investors in Web3 startups—expressed unwavering confidence in the future growth of NFTs and the metaverse […]

Anza Aims to Fix Solana Congestion

The Solana network, known for its high-speed transaction capabilities, has recently been facing significant congestion issues. In response, the Anza team, a group that originated from Solana Labs, has introduced a series of proposed solutions in version 1.18.11 of its validator client to tackle these challenges. A validator client is a critical component in proof-of-stake […]

Pups Coin Surges 81% Amid Crypto Buzz

The cryptocurrency market has witnessed a striking surge in the value of the Bitcoin meme coin, Pups, which has seen an astonishing 81% increase in the last 24 hours alone. This spike in value, as reported by CoinGecko, began with the coin priced at $46.92 and soaring to highs above $86.94. A significant driver of […]

Bankman-Fried Appeals His 25-Year Sentence

Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has officially filed an appeal against his federal conviction and 25-year prison sentence. This legal move was registered in the Southern District of New York (SDNY), signalling the next phase of a high-profile legal battle that has gripped the financial and cryptocurrency sectors. Bankman-Fried’s sentencing […]

FBI Probes Bitcoin Developer Event Theft

The U.S. Federal Bureau of Investigation (FBI) has turned its investigative spotlight on a Bitcoin core developer event held in October 2022. The focus of the investigation stems from a significant security breach where over 200 BTC, valued then at approximately $3.3 million, were stolen from prominent developer Luke Dashjr. Luke Dashjr, a co-founder of […]

Notcoin’s Token Launch and Conversion Details

Notcoin, the game making waves on The Open Network (TON), is gearing up for a token launch that’s set to redefine its in-game economics. With the launch scheduled just a week away, the buzz around Notcoin’s transition from in-game coins to on-chain tokens has reached a fever pitch. This shift is particularly notable given the […]