Category: Crypto
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ZKsync Announces Historic Airdrop with 3.6 Billion Tokens Distributed
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Matter Labs, creators of ZKsync, announced on Tuesday that the community distribution process for the new ZK tokens will begin next week. The Ethereum Layer 2 service provider will distribute 3.675 billion tokens, representing 17.5% of the total token supply through airdrops, to approximately 695,232 eligible wallets. ZK Airdrop coming…
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Australia Bans Use Of Crypto For Online Gambling
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The Australian government has cracked down on online gambling by banning the use of cryptocurrencies and credit cards for online betting. This measure comes in an attempt to limit investors’ losses in the country. The Australian government bans the use of cryptocurrencies in online gambling On Monday, The Canberra Times…
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Donald Trump Commits to Championing Bitcoin Mining in DC
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Donald Trump met today with Bitcoin Magazine CEO David Bailey and several prominent US Bitcoin miners. The meeting saw Trump commit to supporting Bitcoin mining in Washington, D.C., and on the global stage. Today was a landmark moment in our journey towards turning Bitcoin into a hyper-digital currency. The former…
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Crypto Analyst Identifies 5 Altcoins To Buy That Could Be A Good Bet
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Cryptocurrency Analyst Altcoin Sherpa Recently stated Five alternative currencies Which can provide cryptocurrency investors and traders with significant gains. He pointed this out These coins It was looking ‘pretty powerful’ at the moment even though a lot of the other codes looked like ‘crap’. Five altcoins you should watch In…
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Crypto Analyst Identifies 5 Altcoins To Buy That Could Be A Good Bet
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Cryptocurrency Analyst Altcoin Sherpa Recently stated Five alternative currencies Which can provide cryptocurrency investors and traders with significant gains. He pointed this out These coins It was looking ‘pretty powerful’ at the moment even though a lot of the other codes looked like ‘crap’. Five altcoins you should watch In…
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Ripple’s Strategic XRPL Fund Fuels Blockchain Innovation In Japan And Korea
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Ripple, a prominent blockchain payments company, It has taken an important step to accelerate the growth and adoption of the XRP Ledger (XRPL) in the Asia-Pacific region. With the launch of the XRPL Fund in Japan and Korea, Ripple is poised to drive innovation and utility within the XRPL ecosystem,…
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US government attempts to seize $200k in Tether that was part of pig-butchering crypto scam
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The US has initiated a forfeiture case to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig slaughter scam. The funds in question are related to two pig slaughter scams that defrauded an unidentified victim of more than $1 million. documents foot The District…
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US government attempts to seize $200k in Tether that was part of pig-butchering crypto scam
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The US has initiated a forfeiture case to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig slaughter scam. The funds in question are related to two pig slaughter scams that defrauded an unidentified victim of more than $1 million. documents foot The District…
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OKX Sees $204M Outflows in 24 Hours After Security Lapses
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OKX has seen significant outflows, with $204 million withdrawn in the past 24 hours and $630 million in the past week, exceeding outflows from other prominent cryptocurrency exchanges. The increase in withdrawals comes from multiple security controversies that may have undermined user trust. OKX design error On June 9, two…
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OKX Sees $204M Outflows in 24 Hours After Security Lapses
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OKX has seen significant outflows, with $204 million withdrawn in the past 24 hours and $630 million in the past week, exceeding outflows from other prominent cryptocurrency exchanges. The increase in withdrawals comes from multiple security controversies that may have undermined user trust. OKX design error On June 9, two…
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Ethereum Struggling With MEV Bots, Executive Argues That Solana Has Succeeded
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Unlike Bitcoin, where transactions are ordered on a first-come, first-served basis, Ethereum and Solana rely on a set of validators to confirm transactions and add them to the next block. This process allows flexibility, as users can speed up their transactions by paying higher fees. At the protocol level, prioritizing…
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Ethereum Struggling With MEV Bots, Executive Argues That Solana Has Succeeded
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Unlike Bitcoin, where transactions are ordered on a first-come, first-served basis, Ethereum and Solana rely on a set of validators to confirm transactions and add them to the next block. This process allows flexibility, as users can speed up their transactions by paying higher fees. At the protocol level, prioritizing…
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In Good Hands: Bitcoin Builds A Better Future
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Bitcoin is still a young protocol by all accounts. These teenage years are arguably more formative than any other period in its short history because the stakes are already high for a pioneering project with less than two decades of testing and growth. As I’ve watched new investors, developers, users,…
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Can BTC Rely On This Historical Support Again?
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Bitcoin has seen a decline over the past day, taking the asset’s price below $67,000. Here is the historical support level the asset could reach next. Bitcoin is now not far from the realized price for the short term holder As analyst James Van Straaten pointed out in A mail…
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Can BTC Rely On This Historical Support Again?
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Bitcoin has seen a decline over the past day, taking the asset’s price below $67,000. Here is the historical support level the asset could reach next. Bitcoin is now not far from the realized price for the short term holder As analyst James Van Straaten pointed out in A mail…
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Tether To Invest Over $1 Billion In Emerging Technologies And Disruptive Fintech
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The cryptocurrency industry has witnessed a remarkable transformation in recent years, with prominent players emerging from it pregnancy At the forefront of this development. As the issuer of the tether usdt stablecoin and the dominant force in the cryptocurrency scene, Tether is poised to make a significant impact with its…
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AI tokens FET, AGIX, OCEAN merger delayed to July
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Trading of FET, AGIX and OCEAN, the native tokens of artificial intelligence (AI) projects Fetch.ai, SingularityNET and Ocean Protocol, fell on Tuesday as Bitcoin fell amid market concern over the Federal Reserve’s stance on US interest rates. But this is not the only factor that could have led to the…
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Doubling Litecoin (LTC) Addresses Could Signal Bullish Move
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The weekend dump sent the price of Litecoin falling below $80, as the cryptocurrency came under significant selling pressure. The buildup over the past two weeks has failed to push the price higher, but the latest data points to two potential bullish indicators for the altcoin, anticipating a rebound. High…
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Moody’s Drops Bombshell On Crypto Industry Amid High Interest Rate Cuts
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Moody’s Analytics Chief Economist Mark Zandi gave his opinion on a possible interest rate cut ahead of the meeting US Federal Reserve decision. The cryptocurrency community is closely monitoring this event, given how it will impact the cryptocurrency market. The US Federal Reserve should lower interest rates Zandi mentioned during…