We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
Volta, a burgeoning player in the cryptocurrency space, has successfully secured a substantial $4.1 million in seed funding. This financial injection aims to propel the development of a cutting-edge crypto platform tailored specifically for institutional investors, marking a significant milestone in the company’s journey towards revolutionizing the digital asset landscape. The funding round, as detailed…
In a significant legal development, the Australian Federal Court delivered a ruling on Friday that favored the Australian Securities and Investments Commission (ASIC) in a case concerning an unlicensed cryptocurrency platform accused of misleading customers. The court’s attention was drawn to the actions of BPS Financial, a crypto promoter based in Gold Coast, which allegedly…
EigenLayer, a restaking protocol, has responded expansively to the criticism it faced following its initial airdrop by deciding to provide an extra 100 EIGEN tokens to 280,000 qualifying wallet addresses. The decision comes amidst growing discontentment voiced by users regarding the terms and conditions of the first airdrop. Initially, on April 29th, EigenLayer had declared…
The Solana network, once heralded for its robust on-chain activity, now finds itself grappling with a concerning decline amid waning trading interest. The recent tumultuous events in the crypto market sent shockwaves through Solana’s ecosystem, precipitating a significant price correction for SOL. As the value of SOL dipped towards crucial support levels, investors held their…
On May 1st, the United States Treasury’s Office of Foreign Assets Control (OFAC) took decisive action against a developer affiliated with OKO Design Bureau, a prominent drone manufacturer based in Russia. The developer in question was sanctioned by OFAC, and three cryptocurrency addresses linked to the company were added to the Specially Designated Nationals (SDN)…
Cloud mining offers a convenient alternative to traditional cryptocurrency mining methods by utilizing rented cloud computing power instead of requiring users to invest in and manage hardware and software directly. Through cloud mining services, individuals can remotely engage in cryptocurrency mining by opening an account and paying a small fee, thereby democratizing the mining process…
In the dynamic realm of cryptocurrency investment, navigating the decision between allocating resources to established coins versus emerging contenders represents a critical juncture. The choices made here can significantly impact one’s portfolio trajectory. Among the plethora of options available, Solana and Polygon have emerged as stalwarts, commanding substantial positions within the market. However, amidst the…
The enigmatic figure known in the cryptocurrency world as the “Hundred Finance hacker” has reemerged from the shadows, setting in motion a series of transactions that have reignited concerns within the digital asset community. This individual, infamous for orchestrating a high-profile crypto theft amounting to a staggering $7.4 million, has resurfaced on May 1st after…
Amidst the tumultuous tides of the financial market, where the waves of uncertainty crash against the shores of investor confidence, a beacon of resilience emerges amidst the storm. In a week marred by steep declines and unsettling volatility, investors find themselves navigating through treacherous waters, seeking refuge and opportunity amidst the chaos. While recent glimpses…
SUMMARY – Bitcoin’s price has stabilized at approximately $60,000, marking a 50% increase since January, attributed to the introduction of new U.S. spot Bitcoin ETFs. – Sovereign wealth funds and major financial institutions are showing heightened interest in Bitcoin trading, as reported by BlackRock. – Robert Mitchnick of BlackRock emphasizes their efforts in educating firms…