[PRESS RELEASE – London, United Kingdom, February 23rd, 2024] Bitcoin Dogs, a pioneering token sale on the Bitcoin blockchain, continues to ramp up. Following its latest raise announcement, the presale has now raised an additional $800,000 in 2 days, pushing it to a total of $3.9 million raised in less than ten days. The sale...Read More
[PRESS RELEASE – BVI, British Virgin Islands, February 23rd, 2024] Polkaswap upgrades to a hybrid exchange by launching a fully decentralized on-chain order book that will function alongside the established AMM swap. This sets a new standard in decentralized finance by offering a comprehensive view of market liquidity, real-time updates, and advanced trading strategies. The...Read More
The price of Bitcoin seems to be losing correlation with ETF inflows and outflows, which is why BTC has remained on the sidelines for the past few days despite institutional adoption gaining momentum. This has become a focal point for investors and analysts. A popular analyst who goes by Titan of Crypto on X recently...Read More
Over the past three weeks, around 700,000 BTC have been transferred to over-the-counter (OTC) desks that are commonly used by miners, according to CryptoQuant CEO Ki Young Ju. Notably, activity has been observed following the approval of a spot Bitcoin exchange-traded fund (ETF). 700,000 BTC Flow to OTC Desks The movement of such a significant...Read More
In 2023, Gyeonggi Province, the most populous province in South Korea, collected millions of dollars from tax evaders by tracking their crypto assets on several centralized exchanges. According to a report by local media Yonhap News Agency, the Gyeonggi Tax Justice Department accrued 6.2 billion won ($4.67 million) in undeclared taxes from evaders by using...Read More
Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday, in a bid to go public on the New York Stock Exchange (NYSE). The filing revealed that the company has invested some of its “excess cash reserves” into multiple cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). According...Read More
Aave, the popular decentralized lending platform belonging to the company now known as Avara, will have to look for a new company to provide risk management services following its recently announced split with Gauntlet. The decision was announced by Gauntlet co-founder John Morrow on the AAVE forums yesterday evening. Running The Gauntlet According to Morrow,...Read More
Tech-focused venture giant Andreessen Horowitz (a16z) has invested $100 million in the Ethereum-based EigenLayer, suggesting that VC funding in crypto may be on course for a revival. As reported by Bloomberg on Thursday, a16z was the sole backer of the funding round, which marks the largest investment ever received in EigenLayer by a wide margin....Read More
Vitalik Buterin, the co-founder of Ethereum, recently expressed skepticism regarding the prevailing notion of prioritizing simplicity in Layer 1 (L1) blockchains over Layer 2 (L2) solutions. Buterin disclosed that his confidence in simplifying L1s at the expense of more intricate L2s has diminished significantly over the past five years. Bug Risks in L2 Networks Buterin...Read More
[PRESS RELEASE – London, United Kingdom, February 22nd, 2024] Optimism, Gitcoin and ENS DAO Adopt Token Streaming Protocol For Grant and Hackathon Payments Superfluid, the leading asset streaming protocol that brings subscriptions, salaries and rewards to DAOs and crypto-native businesses, today announced a $5.1M strategic round led by Fabric Ventures with participation from Multicoin Capital,...Read More
The cryptocurrency market has displayed a massive uptrend in its valuation today, with major altcoins adding significant value to their valuation. The Worldcoin price has added approximately 40% within the past 24 hours, making it one of the top gainers of the day in the crypto space. Worldcoin (WLD) Price On A Path To Test...Read More
[PRESS RELEASE – BVI, British Virgin Islands, February 22nd, 2024] Bebop, a leading spot trading platform in DeFi, has released major updates to its web app and API suite, expanded to BNB Chain, and is rapidly expanding across other L1 and L2 ecosystems. Bebop Router: Unparalleled Quality of Execution The API suite now offers the...Read More
[PRESS RELEASE – Tel Aviv, Israel, February 22nd, 2024] dWallet Labs today announced the Testnet launch of dWallet Network – a first-of-its-kind composable modular signature network. The dWallet Network introduces a new primitive for multi-chain collaboration in web3 — dWallets — a noncollusive and massively decentralized signing mechanism that can be used as a building...Read More
Bitcoin kicks off the new year with a bang, soaring to a new high of $46,000. But here’s the real kicker – 2024 is not just any year; it’s a year of monumental events that have the entire market buzzing with anticipation. While many analysts are throwing around bold predictions, some even predicted that the...Read More
Greg Solano, widely known by his pseudonym “Garga” and co-founder of Yuga Labs, has announced that he will take over as CEO. This announcement comes as Daniel Alegre, former COO of Activision Blizzard and CEO of Yuga Labs, steps down after a tenure of approximately ten months. Crypto-Native Focus The leadership transition was revealed through...Read More
Coinbase is advocating for the Securities and Exchange Commission (SEC) to approve the listing of the Grayscale Ethereum Trust for trading. In a letter submitted in response to a proposed rule change by NYSE Arca, Coinbase expressed strong support for the listing and trading of Grayscale Ethereum Trust (ETHE) shares as an Ethereum Exchange-Traded Fund...Read More
Speaking on CNBC’s Squawk Box on Feb. 21, the American entrepreneur said he thinks Bitcoin prices will reach $150,000 this year. Lee cited three reasons for his bold price prediction, which would involve the asset moving 190% higher than current levels. “You have demand improving with the new ETFs, you have supply shrinking with the...Read More
Michael Saylor, the co-founder and executive chairman of business intelligence firm MicroStrategy, has revealed that he and the company he spearheaded until recently would be buying Bitcoin (BTC) forever, doubling down on his stance as an advocate of the leading digital asset. During an interview with Bloomberg on Tuesday, the MicroStrategy former CEO said he...Read More
In a recent development reported by the Wall Street Journal on February 22, 2024, the court in Montenegro has ruled that the infamous cryptocurrency entrepreneur Do Kwon should be extradited to the U.S. to face trial on fraud charges, rejecting his native South Korea as the extradition location. The High Court in Podgorica, Montenegro, delivered...Read More
Fairshake, a Super PAC supporting candidates favorable to cryptocurrency and blockchain technology, has garnered $4.9 million in funding, with contributions from billionaire brothers Cameron and Tyler Winklevoss. The Winklevoss twins, known for co-founding the Gemini exchange and their significant Bitcoin investments, were early backers of Fairshake. The initial investment dates back to December 18, 2023....Read More
On Feb. 20, the company’s CEO Brian Armstrong reported that Coinbase International Exchange continues to grow, hitting $1 billion in daily volume for the first time. The exchange, which is based in Bermuda, offers crypto perpetual futures trading to professional non-US traders. It was set up outside of the United States due to the ongoing...Read More
Cardano (ADA) is a “shitcoin” without purpose that has no distinct advantage over competitors, according to BitMEX co-founder Arthur Hayes. “Who gives a fuck? Zero?” said Hayes when asked “What about Cardano?” in an interview with Coin Bureau published on Sunday. Cardano Is A Shitcoin, Says Hayes Continuing to describe the cryptocurrency – a top...Read More
Nearly a year after his arrest in Montenegro, Terraform Labs co-founder and former CEO Do Kwon is reportedly set to be extradited to the United States to face criminal charges. Both the United States and South Korea previously submitted extradition requests to Montenegro officials. According to local news outlet Pobjeda, on Feb. 21, the Podgorica...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, February 21st, 2024] Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero knowledge technology, enabling developers to build everything on Bitcoin. Citrea is thrilled to announce $2.7M in seed funding, led by Galaxy, with the participation from notable investors such as Delphi Ventures,...Read More
[PRESS RELEASE – London, UK, February 21st, 2024] SatoshiSwap.ai stands out as a pioneering decentralized exchange operating within the Bitcoin network. Unleash the sheer force of unrestricted trading while basking in the rock-solid security and unwavering stability that only Bitcoin can offer. Core Features: On-chain trading: SatoshiSwap.ai facilitates peer-to-peer trading of Bitcoin-based assets directly on...Read More
Brad Garlinghouse, the CEO of financial technology company Ripple Labs, has disclosed that the crypto solutions provider and developer of the Ripple payment protocol would welcome a spot exchange-traded fund (ETF) for the network’s native token, XRP. Ripple to Welcome Spot XRP ETF Speaking on his thoughts about the current state of the crypto industry...Read More
In a recent press release addressing its Nigerian customers, major crypto exchange Binance distanced itself from the rumored currency speculation that is putting downward pressure on the already weak naira. The development comes amid reports of the cryptocurrency exchange earlier placing a cap on USDT sales on its peer-to-peer (P2P) marketplace. Binance Reportedly Under Scrutiny...Read More
Prominent crypto price-tracking website CoinMarketCap announced the first-ever CMC Crypto Awards to celebrate outstanding individuals, products, and initiatives driving the evolution of cryptocurrency and Web3, underscoring the project’s continued prominence in the crypto sphere and commitment to its community. This annual event will take place virtually from February 21st to March 6th. CMC Crypto Awards...Read More
[PRESS RELEASE – Stockholm, Sweden, February 21st, 2024] The roadmap outlines the transition to the game’s Beta phase, introducing player-to-player trading and expanded user-generated content capabilities while advancing towards full decentralization. My Neighbor Alice has revealed its 2024 roadmap, which includes the announcement of the upcoming Beta Season 1. The Beta phase aims to build...Read More
[PRESS RELEASE – Dubai, UAE, February 21st, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today released its “BNB Chain & the Web3 Blueprint” 2024 brand story. Unraveling its ecosystem, product advantages, and the impact across its three community-led blockchains, the report analyzes the dynamic advancements, visionary use...Read More
