Solana has been the center of attention in the last seven days, spearheading most of the news headlines in the crypto community. First, the Solana network suffered an outage on Tuesday, shutting down for nearly five hours and sparking criticisms left and right. Shortly after, SOL skyrocketed to $105, and its ecosystem recorded $1.85B in...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, February 9th, 2024] First-of-its-kind summit, hosted by Aptos Foundation, featured dedicated sessions with Aptos’ contributors, along with insights from 50+ builders, supporters, and investors from across the Aptos ecosystem The Aptos Ecosystem Summit, a first-of-its-kind event hosted by Aptos Foundation and aimed at uplifting the Aptos ecosystem held...Read More
Ripple’s latest markets report for Q4 2023 reveals significant growth in XRP volume, outpacing other major altcoins like Solana (SOL), Cardano (ADA), BNB, and SHIB. This surge comes amidst notable legal victories and strides in global compliance efforts. Let’s delve into the details. XRP Volume Soars Amid Legal Wins The Ripple Q4 2023 report highlights...Read More
Pandora has witnessed a remarkable surge of over 30% in the last 24 hours amid a broader market resurgence. This increase can be attributed to recent announcements by crypto wallets from renowned exchanges like Binance and OKX, which emphasized the inclusion of support for the ERC-404 token standard. The ERC-404 Token Standard Based on data...Read More
Bitcoin witnessed significant developments in recent weeks that have helped it extend its rally, surging past $47,000 for the first time in nearly a month. The uptick has brought a sense of relief for its investors, who recently endured a brief plunge to 38,500 and now find themselves comfortably in the profit zone amidst market...Read More
In a recent blog post titled ‘Points Guard,’ former BitMEX CEO Arthur Hayes made a compelling case for the emergence of “points” as a superior alternative to traditional initial coin offerings (ICOs) and yield farming with regard to crypto fundraising and user engagement. Hayes argued that points combine the best aspects of ICOs and yield...Read More
Bitcoin spot ETFs recorded $400 million of net inflows on Thursday, bringing their total inflows since launch beyond $2 billion for the first time. The inflows were coupled by a surge in Bitcoin’s price late this week, taking it to $48,000 as of Friday. Bitcoin ETF Inflows Outpacing Grayscale In terms of daily flows, Thursday...Read More
The price of Bitcoin ($BTC) has successfully surpassed the critical barrier of $45K, now trading at $47K. This leading digital currency experienced a surge of over 10% in the past week. Analysts and industry experts view this upward trend of $BTC as a preparatory phase leading up to the halving event. With Bitcoin spearheading the...Read More
[PRESS RELEASE – San Juan, Puerto Rico, February 9th, 2024] tea is shaking up the digital world by addressing the long-standing issue of inadequate compensation for open-source developers. Solving this issue is more urgent than ever, which is why we have decided to deploy $250K in grants ahead of the launch of the protocol. This initial...Read More
Enterprise-grade digital fintech platform COTI has completed the integration of a new protocol for its privacy-centric Ethereum-based layer-2 network. According to an official announcement, the design and implementation of the Multi-Party Computation (MPC) protocol of COTI V2 is the first of the development milestones to be reached this year. COTI Achieves First Milestone For L2...Read More
BlackRock and Fidelity’s spot Bitcoin exchange-traded funds have set a new record by amassing more assets in their first month of trading than any other ETF launched in the U.S. in the past 30 years. The development comes amid a new report from earlier this week that showed IBIT was among the top five of...Read More
[PRESS RELEASE – Dubai, UAE, February 9th, 2024] CoinMarketCap Research, the research division of the world’s leading crypto data authority CoinMarketCap, has published an in-depth analysis on stUSDT – an innovative stablecoin that enables users to earn yield by staking their USDT. The report closely examines how stUSDT bridges DeFi with traditional finance by giving...Read More
Bitcoin surged past the $46,000 mark on February 9th after overcoming a significant resistance level at $44,000. This resistance had been a barrier to price increases since the introduction of spot Bitcoin ETFs in the United States about four weeks earlier. The leading crypto asset, buoyed by the onset of East Asia’s major festival marking...Read More
Cardano (ADA) has seen an uptick in trading activity, surging over 7% on Thursday and exchanging hands at $0.53. The blue-chip coin crossed the $0.53 mark twice in February after January was filled with tumultuous price action. Following this week’s surge, analysts on social media are discussing and speculating on the factors that could decide...Read More
Bitcoin (BTC) broke the $46,000 barrier after several weeks of consolidation, marking a multi-week high. This price increase hasn’t been seen since January 12, the day spot bitcoin exchange-traded funds (ETF) became a reality. The increase was attributed to heightened accumulation of BTC by large holders and new all-time highs in U.S. equity indices. Following...Read More
The Binance coin is about to conclude this week positively, with a gain of over 6% to its portfolio. Further, the crypto market is assumed to stabilize as top crypto tokens display a positive trend in their respective charts. The Binance Coin price traded in a closed range between $313.5 and $323.9 for the first...Read More
Thailand’s Securities and Exchange Commission (SEC) has filed charges against former Zipmex Thailand CEO Akarlap Yimwilai, accusing him of corruption and deception. The SEC claims that Yimwilai, during his tenure as CEO from August 2018 to November 2023, engaged in fraudulent activities, including making false statements and concealing vital information from the public. Deceptive Asset...Read More
Cathie Wood’s asset manager Ark Invest wants to bake staking into its proposed Ethereum Spot ETF – a feature that could revolutionize how the product is evaluated by Wall Street. In an amended S-1 application form filed on Wednesday, Ark included a lengthy passage about what the Ethereum network is and how it stays decentralization,...Read More
Bitcoin mining company Hut 8 has announced a leadership transition roughly three weeks after an activist short-selling firm published a report containing allegations against the miner’s management practices and finances. According to an official release, former CEO Jaime Leverton will be immediately succeeded by Asher Genoot, who has served as Hut 8’s president since November...Read More
[PRESS RELEASE – Hong Kong, China, February 8th, 2024] KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators – whether app developers, model makers or data owners –...Read More
Web3 entertainment company HELLO Labs has entered a partnership with blockchain PR and content marketing agency MarketAcross to launch a crypto television series called Killer Whales. According to a press release seen by CryptoPotato, MarketAcross has become the official PR partner of Killer Whales and will help HELLO Labs propel the show’s entertaining narrative to...Read More
With hundreds of thousands of coins and tokens in circulation, standing out in the crypto market requires true innovation and utility. One project capturing the attention of investors in 2024 is Pandoshi (PAMBO), an eco-friendly and community-driven cryptocurrency on track to be a major disruptor in decentralized finance (DeFi). What Sets Pandoshi Apart Pandoshi is...Read More
Investors claim the deal led to total losses of around $4.2 billion when the company collapsed during the crypto contagions of 2022. The lawsuit alleges the NBA was “grossly negligent” in agreeing to a marketing deal between Voyager and Mark Cuban’s Dallas Mavericks. Moreover, several NBA teams had deals to promote crypto companies like Voyager...Read More
Terraform Labs co-founder Do Kwon has won a second appeal against the Montenegro High Court’s decision to uphold extradition requests from both the U.S. and South Korea. The case will now head to the first-instance court for reconsideration based on the new ruling. Court of Appeals Overturns Extradition Decision Initially, Kwon had won an appeal...Read More
[PRESS RELEASE – Dubai, UAE, February 8th, 2024] The Kinetex team is proud to announce an integration with 1inch. Despite the numerous decentralized exchanges (DEXes) that have emerged in the market, users still require assistance in locating the appropriate liquidity and the most effective trading routes for their crypto assets. This is unsurprising, as the...Read More
Ethereum’s staking has achieved a significant milestone, with approximately 25% of the entire ETH supply, equivalent to around 30 million coins, now being staked. Meanwhile, the ETH price has seen a 2.8% increase over the past day and is trading at $2,425. Ethereum Staking Soars On February 8, Lido, a prominent liquid staking platform, highlighted...Read More
[PRESSS RELEASE – SAN FRANCISCO, United States, February 8th, 2024] Flood is enabling dApp developers to streamline, own, and monetize their order flow. Flood, a protocol for order routing, management, and settlement, announced today its $5.2M seed funding round led by Bain Capital Crypto with participation from Archetype and Robot Ventures. Flood provides decentralized application...Read More
[PRESS RELEASE – Seoul, Korea, February 8th, 2024] For the 7th year, Korea Blockchain Week 2024 (KBW2024), founded and hosted by FACTBLOCK and co-hosted by HASHED, is set to take place in Seoul, Korea from September 1-7, 2024. The flagship two-day conference, ‘KBW2024: IMPACT’, will be held at the Seoul Grand Walkerhill Hotel on September...Read More
With almost all losses from the post-ETF-approval apocalypse already erased and the upcoming halving, which tends to serve as a catalyst for future price increases, the crypto community continues to speculate how high Bitcoin can go this year. PlanB, the popular analyst behind the Stock-to-Flow model, believes the asset will not go below $40,000 due...Read More
The Pushd (PUSHD) presale, currently priced at $0.08 is causing a stir in the crypto world with predictions of its value soaring to $4.00 by the end of 2024. This forecast has spurred a rush among Avalanche (AVAX) and Polkadot (DOT) investors to get in early. This article will dive into the factors contributing to...Read More
