March 27, 2024

US Lawmakers Urge SEC to Confront Prometheum’s Custody Plans for ETH

United States House Financial Services Committee and House Agriculture Committee members have expressed notable concerns regarding the Securities and Exchange Commission’s (SEC) approach to managing Ethereum (ETH). The focus of their apprehension centers on crypto firm Prometheum’s plans to offer institutional custody services for ETH, which has sparked several demands for clarity and action from...
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Munchables Hacker Returns Stolen Crypto Funds Worth Over $62 Million

The Munchables hacker, who recently exploited a weakness in the protocol and drained more than $62 million worth of Ether (ETH), has returned the keys holding the stolen funds. According to blockchain sleuth ZachXBT, the hacker allegedly worked as a developer on Munchables and has possible ties to North Korea. Munchables Loses Over $62 Million...
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BlockDAG Captures Spotlight with $9.7 Milion Presale Amid Optimism’s Price Fluctuations and Bitcoin Halving Speculations

BlockDAG has become a significant force in the crypto market, creating opportunities for financial explosion for investors. It has overshadowed the chatter around Optimism’s (OP) price prediction and the fervent speculation regarding Bitcoin’s upcoming halving. BlockDAG’s innovative approach and the irresistible promise of a 5000x return on investment have positioned it as a standout contender,...
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This Bitcoin OG May Come Back To Development After Craig Wright Court Loss

Wladimir van der Laan – the former lead maintainer of Bitcoin Core – is mulling a comeback to Bitcoin development after the high-profile industry lawsuit, COPA v. Wright, came to a close earlier this month. In a blog post last Friday, the Bitcoin pioneer expressed relief and disbelief over the prosecutors’ victory, which saw London...
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GoMining to Introduce Updated In-Platform Voting Mechanics

[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, March 27th, 2024] GoMining, a world-leading firm widely recognized for its groundbreaking concept of seamlessly mining Bitcoin via the ownership of NFTs backed by computing power, is pleased to announce the introduction of an updated community-driven in-platform voting system. From now on, every community member will...
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MyShell Raises $11 Million for its Decentralized AI Consumer Layer

[PRESS RELEASE – Tokyo, Japan, March 27th, 2024] Funds from the Pre-Series A round led by Dragonfly will further develop MyShell’s open-source models and agent platform for empowering AI creators MyShell, a decentralized AI consumer layer, announced today that it has raised US$11 million in a Pre-Series A round, with participation from a cohort of...
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BloodLoop Levels Up: $4M Raise Fuels Blockchain Gaming Adoption

[PRESS RELEASE – Lugano, Switzerland, March 27th, 2024] 7 Digital Labs, the Swiss gaming studio that owns and produces BloodLoop, announced today that it has raised $4 million in seed funding. The company, which has been in the industry for over three years, is producing a free-to-play hero shooter integrated into the web3 gaming world....
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Zircuit Launches Build to Earn Program to Reward Ecosystem Contributors

[PRESS RELEASE – George Town, Grand Cayman, March 27th, 2024] Zircuit, a fully EVM-compatible ZK rollup with parallelized circuits and AI-enabled security, today launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit currently has over $800M...
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Sui and Revolut Launch Global Partnership to Accelerate Blockchain Education and Adoption

[PRESS RELEASE – Grand Cayman, Cayman Islands, March 27th, 2024] Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, proudly announced a landmark collaboration with Revolut, a leading global fintech with over 40 million customers worldwide. The strategic partnership will bolster awareness and adoption of blockchain technology among Revolut’s expansive user base...
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Scorpion Casino’s Crypto Presale Has Announced A Limited-Time Easter Promotion

[PRESS RELEASE – London, United Kingdom, March 27th, 2024] Scorpion Casino, the unique online gaming platform, is thrilled to announce its exclusive Easter Bonus Promotion, available from March 27th to April 3rd, for participants in its ongoing cryptocurrency presale. This promotion offers a 40% bonus to early adopters and new investors, underlining Scorpion Casino’s commitment...
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ceτi AI Announces Partnership Innovation Fund to Accelerate Innovation in Decentralized AI

[PRESS RELEASE – Vancouver, Canada, March 27th, 2024] In a significant move to fuel the growth of decentralized artificial intelligence, ceτi AI is proud to announce the establishment of the ceτi AI Partnership Innovation Fund with an initial allocation of $500k USD. This strategic fund is designed to catalyze innovation by forging partnerships with emerging...
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Brainedge: Revolutionizing Global Education with AI-Powered Language Translation and Cryptocurrency Rewards

[PRESS RELEASE – Grand Cayman, Cayman Island, March 27th, 2024] In an unprecedented leap towards democratising global education, Brainedge proudly announces the launch of its revolutionary e-learning platform, set to transform how non-English speaking learners access world-class education. By seamlessly blending advanced AI-powered language translation technology with an innovative cryptocurrency rewards system, Brainedge is poised...
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Trading Crypto Options 101

Crypto options are a great way to unlock alternative trading strategies, maximise profits in uncertain market conditions, and be used to manage risk.  If you’re looking to learn the basics of trading crypto options including what they are, the different types, and how they work, you’ve come to the right place.  Let’s dive in.  What...
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Shiba Inu and Dogwifhat Prices Bullish as Dogecoin20 Is Backed to 10x

The meme coin saga continues to prevail as Shiba Inu and Dogwifthat jump 7.4% and 16.7%, respectively. Meanwhile, the new ICO meme coin Dogecoin20 is backed to explode after raising $10 million in one week. SHIB and WIF Pump as Analysts Anticipate Continued Meme Coin Strength A wave of excitement has washed the meme coin...
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Crypto Options Trading Strategy: Always Be Prepared For Market Volatility

The first part of this series covered how trading crypto Options can be a way to hedge your perpetual contract position. The second part of the series then moved onto a strategy diving deeper into using crypto options to generate yield with cash and carry trades. This time around, we share another crypto options strategy...
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Bitcoin Hits Resistance Again as Realized Profits Reach $2.6B Per Day

BTC hit $71,375 on March 26, returning close to its all-time high of $73,738 earlier this month, but it failed to break through to a new peak. This was largely due to profit-taking, which has accelerated, according to on-chain analytics provider Glassnode. “Several on-chain indicators have flagged an uptick in profit-taking events,” the firm noted...
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US Prosecutors Charge KuCoin for AML Violations: Outflows Skyrocket and KCS Plummets 13%

Major crypto exchange KuCoin, along with two of its founders, was alleged to have failed to implement anti-money laundering (AML) and know-your-customer (KYC) procedures. According to prosecutors, the absence of AML and KYC on KuCoin enabled the platform to be used to launder illicit funds from criminal proceeds. KuCoin and Founders Slammed With Charges In...
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Is $160K Conservative for Bitcoin? BTC on the Verge of Another Breakout: Here’s Why

Recent projections from crypto analysts suggest that Bitcoin (BTC) could witness a substantial surge —while shorts will be met with a significant squeeze. Analysts from the Kobeissi Letter believe short sellers might be in for a ride full of pressure. As per an X post, Kobeissi shed light on the substantial gap between institutional long...
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OPZ Launches AI-Powered Wallet on iOS/Android and Raises $200K+ Within Hours

[PRESS RELEASE – Singapore, Singapore, March 26th, 2024] OPZ Token ($OPZ) is an all-in-one solution that combines a wallet on iOS & Android, decentralized exchange, advanced AI trading, and NFC technology. It provides 1,000,000,000 tokens for traders. Using ERC-20, this token employs powerful AI trading technology to handle users’ trades. Traders buy and hold the tokens,...
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Pink Drainer Addresses Stake 12M DAI in Spark, Becoming Top sDAI Holder: PeckShield

The notorious crypto hacking group known as Pink Drainer has wreaked havoc in the DeFi sector. Recent findings by PeckShield reveal that Pink Drainer-affiliated addresses have staked a substantial 12 million DAI into the DeFi lending protocol Spark, constituting nearly 1.194% of the total sDAI tokens. This alarming revelation essentially means that Pink Drainer is...
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Bitcoin (BTC) $ 62,951.87 2.13%
Ethereum (ETH) $ 3,119.58 0.66%
Tether (USDT) $ 0.99975 0.05%
BNB (BNB) $ 594.52 1.57%
Solana (SOL) $ 136.12 5.05%
USDC (USDC) $ 1.00 0.03%
Lido Staked Ether (STETH) $ 3,117.78 0.65%
XRP (XRP) $ 0.51478 1.59%
Dogecoin (DOGE) $ 0.144759 3.83%
Toncoin (TON) $ 5.24 2.65%