Day: May 14, 2024

Chain of Alliance Launches Beta with Major Overhaul

Blockchain-powered role-playing game (RPG) Chain of Alliance has launched its beta version, making “massive changes” to its game systems and overhauling its visuals and UI. “In general we’ve revamped most of the game for the better,” said the Chain of Alliance Marketing Lead Jorn Wisman. “We have made massive changes on our beta build vs […]

GameStop Soars 130% After Roaring Kitty Returns

GameStop’s stock (GME) is up 130% in premarket trading, officially placing it among the 500 largest public companies in the U.S. the day after Roaring Kitty returned to Twitter. This comes the day after Keith Gill, most well-known by his Reddit usernames, Roaring Kitty or DeepFuckingValue, returned to social media after three years of silence. […]

Tornado Cash Developer Sentenced for Money Laundering

Alexey Pertsev, a developer of Ethereum mixer Tornado Cash, has been found guilty of money laundering by a Dutch court and given a 64-month prison sentence. A Dutch judge at s-Hertogenbosch court stated that Tornado Cash is “intended for criminals” and that “the criminal user is fully facilitated.” In turn, the developer has been convicted […]

PEPE Hits New All-Time High Amid Meme Frenzy

PEPE has hit a new all-time high after climbing 19% in the past 24 hours. This comes after Roaring Kitty’s return has seen GameStop and other memes continue to soar. Financial analyst Roaring Kitty was a central figure in the 2021 GameStop short squeeze which saw the r/WallStreetBets subreddit community attempting to take down hedge […]

Coins.ph to Pilot Peso-Backed Stablecoin

Philippines’ central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso-backed stablecoin called PHPC, the company said last week. The program will come under the BSP’s Regulatory Sandbox Framework and will be backed by Coins.ph’ cash and cash equivalents held in Philippine bank accounts, the announcement said. The pilot […]

Paradigm Launches Block Trading for Altcoin Options

Crypto OTC liquidity network Paradigm on Monday announced a block trading facility for linear options tied to MATIC, SOL, and XRP. Trades facilitated by Paradigm will be submitted to Deribit for execution and clearing. Crypto over-the-counter liquidity network Paradigm announced on Monday a block trading facility on leading derivatives exchange Deribit for options tied to […]

Keith Gill Sparks Solana Meme Coin Frenzy

The return of Keith Gill, a man closely linked to GameStop’s stock rally in 2021, has unleashed a massive flood of Solana-based meme coins through the pump.fun protocol. GME Stonks, GameOver, and KiethGillWifHat are just a few examples of tokens launched through pump.fun in the last 24 hours after Gill—a financial analyst and investor also […]

Hong Kong Crypto ETFs Experience Significant Outflows

Hong Kong-listed spot bitcoin and ether exchange-traded funds (ETFs) saw heavy outflows on Monday following bitcoin’s drop below $61,000 on Friday. The spot bitcoin ETFs from issuers ChinaAMC, Harvest Global, as well as Bosera and Hashkey, experienced a combined $32.7 million outflows on Monday, according to data from Farside Investors. This number is significantly higher […]