We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
in brief Within the Arbitrum DAO, there’s deliberation over a $3.3 million fund designated to bolster memecoins within its ecosystem. The objective is to enhance liquidity and encourage user engagement by harnessing the viral nature of memecoins. Community responses to the proposal vary, with some viewing it as a creative approach to growth, while others…
summary Austin, renowned as the foremost hub for cryptocurrency, seamlessly combines traditional Texas ambiance with avant-garde crypto culture. The Bitcoin Commons functions as a pivotal nexus, attracting corporate bitcoin aficionados and clandestine crypto innovators alike. Fostered by the city’s atmosphere, collaboration thrives among crypto developers, attracting talents such as Francisco Chavarria. Nestled in the heart…
According to projections by blockchain analytics company Arkham, Grayscale’s GBTC product is expected to exhaust its entire Bitcoin reserves in 96 days, based on the ongoing rate of redemptions. At the current rate of redemptions, GBTC runs out of Bitcoin to sell in 96 DAYS. Since GBTC started trading as an ETF on 11th January,…
The Securities and Futures Commission of Hong Kong (SFC) has issued a cautionary advisory concerning HKCEXP, a crypto trading platform that purportedly presents suspicions. HKCEXP is alleged to have enticed investors by falsely asserting registration with the regulatory authority as an “SFC-registered business.” Investors are cautioned by the SFC regarding HKCEXP. In June 2023, Hong…
The trial initiated by the United States Securities and Exchange Commission (SEC) against Do Kwon, the founder of Terraform Labs, is scheduled to commence in a Manhattan federal court on Monday. However, the absence of the former cryptocurrency tycoon is notable. The process of selecting a jury has begun for Kwon’s trial with the SEC…
Shibarium, the layer-2 solution for Shiba Inu, has achieved a remarkable milestone, hitting an all-time high total value locked (TVL) exceeding $3.67 million. This achievement adds to the prevailing bullish sentiment surrounding the Shiba Inu ecosystem, suggesting potential for further price increases. Data sourced from DeFiLlama reveals a substantial surge in the total value locked…
summary Cardano and Shiba Inu present as promising altcoins worth monitoring in the current year. NuggetRush emerges as a crypto wildcard, with projections suggesting it will surpass popular cryptocurrencies in performance during 2024. A leading analyst foresees NuggetRush undergoing a remarkable 65x surge following its launch. The ongoing bull market persists, albeit with its share…
Friend.tech, a social platform harnessing Web3 technology, introduces a novel ownership paradigm by extending its shares to users. This initiative aims to elevate platform users from passive participants to active investors, aligning their interests with the company’s success. Such a transition underscores a larger trend towards democratizing investment opportunities in the digital sphere. Users of…
Cathie Wood, the CEO of Ark Invest, has reaffirmed her optimistic outlook on Bitcoin. Notably, Wood, who recently revealed she has invested 25% of her personal wealth in Bitcoin, now anticipates a surge in the cryptocurrency to unprecedented levels. Describing Bitcoin as a “financial superhighway,” especially in the context of its significance in emerging markets,…
summary The Deneb upgrade has resulted in fee reductions on certain Layer 2 solutions, although expert Eric Wall warns of potential spikes. While some Layer 2 networks have experienced decreased fees post-Deneb, others, such as Loopring, have remained unaffected. The community’s reaction to the upgrade varies, indicating the challenges in achieving consistent fee reductions across…