As times change, people’s attitudes towards energy have also changed. They rely on recycling renewable energy such as solar and wind energy to provide fuel for their new energy cloud mining operations, thereby significantly reducing mining costs and integrating remaining resources. Electricity is integrated into the grid. Not only does it save a lot of...Read More
[PRESS RELEASE – Yokohama, Japan, April 18th, 2024] Unicorn, the first proof-of-stake (PoS) meme blockchain, announced the airdropping of UNICORN coins to over 30 communities. The ongoing event involves NFTs and memecoin communities. It caters to crypto enthusiasts on several networks, including Ethereum, Solana, and Cosmos. The eligibility rules are simple and enable holders of...Read More
Bitcoin has now retreated 18% from its all-time high of $73,737 on March 14, tapping $60,000 during late trading on April 17. Corrections are a healthy part of market cycles, however, and analysts agree that this one may not be over yet despite the halving being just a couple of days away. On April 17,...Read More
Bitcoin miners are experiencing a significant drop in stock prices as the upcoming halving is slated for later this week. The fourth Bitcoin halving, around April 20, will slash mining rewards by half to 3.125 BTC, currently valued at approximately $200,000. Bitcoin Miner Stocks Decline The stock prices of Marathon Digital (MARA) and Riot Blockchain (RIOT),...Read More
In the ever-shifting landscape of the crypto market, where volatility reigns supreme, investors are constantly seeking opportunities for substantial returns. Amidst the recent downturns experienced by major players like Solana (SOL) and Ethereum (ETH), a new contender emerges, promising lucrative prospects and capturing the attention of seasoned investors and newcomers alike. Furrever Token (FURR), with...Read More
Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant and scalable form of digital money pegged to the US dollar. On April 16, on-chain analytics firm CryptoQuant took a deep dive into the Ethena ecosystem revealing risks with the latest stablecoin, which has seen...Read More
The X account of famous actor Tom Holland, which has over 7 million followers, was recently hacked. The attackers used his platform to promote a fake cryptocurrency and NFT scheme. Fake ‘Spiderverse’ Partnership with Binance The compromised account was used to announce a partnership with the global crypto exchange Binance, supposedly launching “Spiderverse” tokens. A...Read More
[PRESS RELEASE – London, UK, April 17th, 2024] In a pioneering move within the industry, MetaWin in collaboration with law firm BCLP, has successfully tokenized a Tesla Cybertruck, transforming it into a digital asset wrapped in a legally binding contract and minted as a Non-Fungible Token (NFT). This NFT, which represents full ownership rights to...Read More
[PRESS RELEASE – Bucharest, Romania, April 17th, 2024] As part of its innovative approach to combining education and technology, Banksters, an EduTech simulator with advanced NFT capabilities, is in the midst of an airdrop campaign that has captured the attention of the gaming and crypto communities. The unique contest, which began on April 3 and...Read More
[PRESS RELEASE – Singapore, Singapore, April 17th, 2024] Ontology Network, a leading public blockchain, has announced a $10 million fund, designated in ONT & ONG tokens, to accelerate the adoption, education, and development of decentralized identity (DID) solutions. This initiative is tailored to catalyze innovation across four critical areas: DID Education, ONT ID Technical Tutorials,...Read More
While crypto has long been highly affected by the broader financial market, the price of Ethereum (ETH) appears especially impacted by its movements. According to recently published data from IntoTheBlock, the correlation between ETH and several traditional market indexes is now far higher than those between its larger rival, Bitcoin (BTC), and the same markets....Read More
The cryptocurrency market endured massive volatility this week. Amidst geopolitical instability, this price action triggered billions in liquidation and left many wondering if Bitcoin could be used as a hedge against chaos. However, certain cohorts of Bitcoin holders remained unfazed. This is evident by the fact that Bitcoin appears to be entering an accumulation phase...Read More
[PRESS RELEASE – London, UK, April 17th, 2024] Aark announces the successful completion of its Seed Round funding, attracting investment from leading industry pioneers, including HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest. This follows its Pre-Seed in the second quarter of 2023, impressively led by Delphi Digital, with participation from OKX...Read More
[PRESS RELEASE – London, United Kingdom, April 17th, 2024] Roobet, the pioneering entertainment brand and one of the world’s fastest-growing crypto casinos, has today launched a brand-new game in collaboration with its Chief Ganjaroo Officer and entertainment legend Snoop Dogg. Available exclusively on Roobet, the game, titled ‘Snoop’s High Rollers’, is the latest product of...Read More
[PRESS RELEASE – Zug, Switzerland, April 17th, 2024] Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbit and using Gelato’s Rollup-as-a-Service (RaaS), Anomaly’s new Layer-3 is set to redefine the gaming industry empowering developers to create immersive...Read More
Preliminary data from Farside Investors revealed that four of the new spot Bitcoin ETFs had another day of zero flows on April 16. These were Bitwise (BITB), Invesco Galaxy (BTCO), WisdomTree (BTCW), and Hashdex (DEFI). Additionally, Grayscale’s GBTC and ARK 21Shares’ ARKB had outflows of $79.4 million and $12.9 million respectively. Nevertheless, Bloomberg ETF analyst...Read More
The first quarter of 2024 witnessed over $824 million across 67 hacks as bad actors became more active in targeting high-profile individuals and projects. According to the latest Hacken report shared with CryptoPotato, breaches in access control emerged as the most frequent category of hacks in terms of both frequency and financial impact, with $682...Read More
[PRESS RELEASE – Bermuda, Hamilton, April 17th, 2024] HashKey Global, the flagship global digital asset exchanges under HashKey Group, is thrilled to unveil the initial listing of Merlin Chain (MERL) Token. In collaboration with the Merlin Chain community, HashKey Global is launching a campaign with a prize pool of 200,000 MERL tokens. Participants have the...Read More
Bitcoin (BTC) becomes more scarce after each halving, but the next event that takes place in the next four days will make the digital assets twice as rare as gold, according to analysts at the leading crypto exchange, Bybit. A report on what to expect before and after the Bitcoin halving revealed that BTC will...Read More
Hong Kong regulators recently approved spot Bitcoin and Ethereum exchange-traded fund applications, but Bloomberg ETF analyst Eric Balchunas predicts that the local ETF market may not perform as well as the US due to the current lack of big players and the possibility of high fees. According to Balchunas, the Hong Kong Bitcoin and Ether...Read More
Recent movements have stirred considerable volatility and uncertainty in the cryptocurrency markets, which are enduring exceptionally rough times. Notably, Ethereum (ETH) and Shiba Inu (SHIB) have taken a substantial hit, plunging 13% and 22%, respectively, within just one week. This downturn highlights the challenges and unpredictability inherent in the digital asset landscape. However, amidst the...Read More
The Bored Ape Yacht Club (BAYC), formerly a leading Ethereum non-fungible token (NFT) market collection, has witnessed a significant decrease in its floor price. This downturn signifies a reduction exceeding 90% from its historical peak, noted approximately two and a half years ago. BAYC is nearing a sub-10 NFT floor price, a development attributed to...Read More
The neutralization of funding rates in crypto perpetual markets following the drawdown suggested that the correction was healthy and that volatility may eventually decline. With the Bitcoin halving a few days away, the amount of BTC leaving centralized exchanges has risen to levels not seen for more than 15 months. At the same time, the...Read More
Zurich, Switzerland, April 16th, 2024, Chainwire Certo is excited to announce the official launch of its highly anticipated testnet, marking a significant milestone in the development of its groundbreaking p2p lending project. Designed to revolutionize digital transactions by offering unparalleled security, transparency, and stability of funds collateralized by Real-World Assets (RWAs), Certo’s testnet is now...Read More
The upcoming Bitcoin halving event is expected to follow the pattern of “buy-the-rumor, sell-the-news,” according to the Crypto.com CEO. The exec believes that in the long term, however, the halving, which is currently slated for April 20, will positively impact Bitcoin’s price. Bitcoin Halving’s Long-Term Impact Will Be Positive In a recent Bloomberg interview, Kris...Read More
Arkham’s latest data revealed that the top five identified crypto whales with publicly known wallet addresses collectively hold approximately $3.5 billion in digital assets. A few sit on a digital treasure trove but have no way to access it. Locked Out of Crypto Fortune This list features some of the most prominent names in the...Read More
After 2020, Bitcoin is all set to face the 4th halving, wherein the rewards will be halved from 12.5 BTC to 6.25 BTC. While the broader market sentiments are bullish, considering the impact in previous times, they also need to be aware of a notable change in the market dynamics during the current halving. Therefore,...Read More
Decentralized blockchain network Internet Computer Protocol (ICP) has successfully implemented threshold-Schnorr signatures to harness the potential of Bitcoin-based decentralized finance (DeFi) and web3. According to a release seen by CryptoPotato, the new cryptographic signature scheme will enable ICP smart contracts to etch the Bitcoin token standard, Runes, and trade BRC-20 tokens. Implementing Threshold-Schnorr Signatures Threshold-Schnorr...Read More
[PRESS RELEASE – Singapore, Singapore, April 16th, 2024] In a significant move towards expanding its reach and capabilities, Saakuru Labs has successfully raised $2.4 million in an oversubscribed private funding round. This infusion of capital is earmarked for accelerating the adoption of the Saakuru Protocol, which has shown remarkable growth and traction in the GameFi...Read More
[PRESS RELEASE – Dubai, UAE, April 16th, 2024] MANTRA is announcing the launch of its new incubation program at the Dubai World Trade Center (DWTC), following an $11 million funding round led by Shorooq Partners. This program is part of MANTRA’s effort to contribute to the Real World Asset (RWA) tokenization sector, with a focus...Read More
