CSOP Asset Management, a capital market firm in Hong Kong, disclosed in an interview with Reuters that its exchange-traded product, the CSOP Bitcoin Futures ETF (3066.HK), has witnessed a surge in assets under management (AUM) over the past five months. The ETF’s Assets Under Management (AUM) has soared five-fold to over $100 million. Rising Trading...Read More
[PRESS RELEASE – Ljubljana, Slovenia, March 2nd, 2024] Blocksquare, a pioneering force in real estate tokenization, has confirmed that its native Blocksquare Token (BST) will be available for trading on leading cryptocurrency exchange Gate.io from March 4. The news marks a major milestone in Blocksquare’s journey to transform the property investment landscape, enabling investors to...Read More
[PRESS RELEASE – Delhi, India, March 2nd, 2024] Introducing an old soul with a new spirit. For a long time, people have been unaware of the fact that there is a simpler way to immerse themselves in spirituality without physically attending. This concept gained significant attention after the lockdown when people were unable to visit...Read More
Worrying developments at New York Community Bancorp (NYCB) have several Bitcoin investors anticipating a renewed U.S. banking crisis – which could bring money crashing back into the digital currency. The bank’s stock is down 41% over the past month, including a 28% plunge on Friday. Trading for $3.55 at writing time, it has now reached...Read More
Analysts at crypto intelligence platform Santiment said Bitcoin’s remarkable performance in the 29 days of last month gave leap year a new definition, but the market may be in for a different ride in March. According to the Santiment’s monthly report, several on-chain indicators suggest the market is in a bit of a danger zone...Read More
The past week saw a tornado of events from x accounts getting hacked to 99% of token downfalls. From platforms recovering stolen funds to hackers hijacking the official websites. Deep dive into this weeks crypto hack roundup and witness with us the herald of crypto hacks that happened over the week. MicroStrategy’s X account hacked;...Read More
As Bitcoin surges toward its previous all-time high, industry experts are anticipating a correction before the digital asset can continue its upward trajectory. Mike Novogratz, founder of Galaxy Digital, shared his insights with Bloomberg TV, suggesting that while Bitcoin has soared past the $60,000 mark this week, a correction is likely imminent. Bitcoin Enters “Price...Read More
Coinbase has had a great run recently, topped off with a great Q4 2023 roundup in which the platform announced that it had beaten analyst predictions and was well on track to recovery from crypto winter. However, a technical glitch – which was reportedly caused by high traffic – recently struck the exchange, causing the...Read More
Binance has successfully retrieved $4.4 billion worth of digital assets for its users who made errors in their deposits over the past two years. Various reasons, such as inputting incorrect wallet addresses, depositing tokens that are not compatible, and issues arising from blockchain updates, can lead to mishandling of funds. Mishandled Deposits Recovered In 2022...Read More
Bitcoin (BTC) is beginning a parabolic bull run of epic proportions that will last throughout the rest of the year, according to popular price analyst PlanB. In a post to X on Friday, the pseudonymous Bitcoin bull published a graph plotting Bitcoin’s “market cycle,” noting that the price has now emerged from this cycle’s “accumulation...Read More
[PRESS RELEASE – Palo Alto, California, March 1st, 2024] Using OpenRank, developers and web3 companies can build consumer apps where people can discover, use, fund, read, or buy something on-chain without worrying about getting spammed or scammed. Karma3 Labs has raised $4.5M in seed funding led by Galaxy and IDEO CoLab Ventures to build OpenRank,...Read More
The ongoing trial concerning the identity of Bitcoin’s enigmatic creator, Satoshi Nakamoto, took a significant turn today as Craig Wright faced allegations of tampering with crucial evidence. Wright, who asserts himself as Satoshi Nakamoto, has faced skepticism within the community. As the trial goes through the authenticity of critical emails supporting his claim, Wright finds...Read More
BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has reached $10 billion in assets under management (AUM) within seven weeks of its launch on January 11. The fund now holds over 162,000 Bitcoin, making it one of the few ETFs to surpass the $10 billion mark. Spot Bitcoin ETF Performance Nate Geraci, president of the ETF...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, March 1st, 2024] Ondo launches native access to tokenized real-world assets on Sui Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, has announced that Ondo Finance’s yield-bearing stablecoin alternative is now live on the network and available for immediate use by builders, developers and...Read More
In a major milestone, Bitcoin rallied past $63,000 this week before retreating to the press time price of around $62,000. Over the past month, the asset has recorded an impressive 46% gain as it edged closer to surpassing its previous all-time high. Despite the massive bullish momentum, the chances of correction depict a cautionary tale....Read More
AI-related coins have demonstrated a noteworthy performance in 2024, as the combined returns of such cryptocurrencies have surged by 76% since the year’s commencement. The Artificial Intelligence (AI) coins market has experienced a 7% increase today, elevating the market cap to $19.8 billion in the past 24 hours. AI Coins Are Top Performers in 2024...Read More
[PRESS RELEASE – London, United Kingdom, March 1st, 2024] The Bitcoin Dogs presale for the first-ever coin on the Bitcoin blockchain has now raised a total of $5.7 million since the 14th of February. The world’s first ICO on BRC-20, Bitcoin Dogs, has 14 days until the presale closes. The growth of the Bitcoin Dogs...Read More
[PRESS RELEASE – London, UK, March 1st, 2024] SatoshiDEX.ai, a pioneering Bitcoin DeFi platform, has announced the start of a 2nd Round of $SDEX Pre-Sale. After successfully raising $700,000 in Stage 1, now the Stage 2 is live and open to the community! SatoshiDex is led by a team committed to reshaping decentralized finance. While...Read More
[PRESS RELEASE – London, UK, March 1st, 2024] token.com is the first social investing platform that allows users to interact with token projects just like they would with a social media profile. Cryptocurrencies or token projects are introduced through TokenCards. These are made up of a video, a short description of the project, some tags,...Read More
A crypto whale has scored a significant profit of over $2.9 million by strategically investing in the meme-inspired cryptocurrency BONK, according to Lookonchain, a popular on-chain data tracker. The ентитъ acquired 98 billion BONK tokens, valued at more than $1.5 million, from Binance just before the token’s price surged by over 50% in a single...Read More
Meme coins have been around for nearly a decade. Today, these tokens continue to captivate the attention of the crypto community. This is hardly surprising, given that meme coins gain popularity through their association with internet culture. Among the many choices in meme coins, ApeMax, Shiba Inu, Coq Inu, Pepe, and Memecoin stand out as...Read More
Michael Saylor, the co-founder of MicroStrategy, has seen a significant increase in his personal wealth, with an approximate gain of $700 million following a three-day surge in the company’s stock and Bitcoin prices. This comes as MicroStrategy recently increased its Bitcoin holding by 3,000 BTC, taking the total of its holdings to 193,000 BTC. Saylor’s...Read More
Leading U.S. investment platforms Meryll Lynch and Wells Fargo are now offering clients access to Bitcoin spot ETFs despite initially hesitating on the move. As reported by Bloomberg, the firms are offering the ETFs to certain wealth management clients who specifically request the product, which allows clients to directly invest in BTC through an ETF...Read More
The Seneca Protocol hacker has given back $5.3 million worth of Ether tokens after draining $6.4 million on Ethereum and Arbitrum networks. Initial investigations suggested that an approval mechanism bug in the protocol’s smart contract was exploited. The stablecoin protocol had recently confirmed roping in with law enforcement but offered leniency, stating the team wouldn’t...Read More
Crypto exchange Gemini has agreed to return a minimum of $1.1 billion to customers of its defunct Gemini Earn Program as part of its settlement deal with New York regulators. Gemini, led by Tyler and Cameron Winklevoss, is also facing legal issues from the US Securities and Exchange Commission (SEC) and the New York Attorney...Read More
In a recent filing, the U.S. Securities and Exchange Commission (SEC) has urged the Delaware bankruptcy court to reject Terraform Labs’ proposal to retain Dentons U.S. LLC as its special counsel. The SEC has raised concerns about the amount paid to Dentons, describing it as “suspicious.” SEC Raises Concerns Over TFL’s $166M Transfer The SEC...Read More
[PRESS RELEASE – Los Altos, CA, February 29th, 2024] The GEODNET Foundation, the organization governing the blockchain-based global navigation network GEODNET, is excited to announce the completion of a $3.5 million seed funding round. The round was led by North Island Ventures, with participation from Modular Capital, Road Capital, Tangent, Reverie, and select angels, who...Read More
[PRESS RELEASE – Miami, USA, February 29th, 2024] Blockchain infrastructure provider QuickNode has today announced the launch of Streams, a cutting-edge solution for real-time blockchain data streaming. With the innovative venture, QuickNode aims to redefine the standards of speed, reliability, and simplicity in blockchain infrastructure, enabling users to build robust data models instantly. The product...Read More
Online stock and crypto brokerage firm Robinhood has teamed up with the management team of the Ethereum-based layer-2 network Arbitrum to give its wallet users access to swaps on the protocol. According to a release seen by CryptoPotato, the duo announced the alliance on February 29 at the ETHDenver 2024 event in Colorado, saying the...Read More
The Shido blockchain, a layer-1 proof-of-stake project, has been hit by an exploit that saw billions of its native token, Shido, siphoned away. This incident led to the Shido token plummeting by 94% in value within just 30 minutes. Over 4.3 Billion Tokens Lost in Exploit According to reports from blockchain security firm PeckShield, the...Read More
