April 19, 2024

BAYC Creator Yuga Labs Offloaded 2 NFT Games to Faraway

Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFT collection, has announced the sale of the intellectual property rights for two of its games. This move is part of Yuga Labs’ previously declared commitment to refocus its organizational efforts. Yuga Labs Hands Over Gaming IPs to Faraway In an April 17 announcement on...
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Binance Executive’s Legal Battle in Nigeria Hits Another Roadblock as Appeal Stalls

Binance executive Tigran Gambaryan remained entangled in a legal battle with Nigeria’s Economic and Financial Crimes Commission (EFCC) with his bail application hearing being postponed yet again. The Federal High Court in Abuja adjourned his case after the EFCC’s lawyer requested more time to respond to new issues Gambaryan’s defense team raised. Gambaryan’s Appeal Adjourned...
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Ethereum Network Generated $370M in Profit in Q1, as ETH Reclaims $3K

It may sound counter-intuitive that a decentralized network can generate a profit, but that is exactly what Ethereum has done so far this year. According to an April 18 Token Terminal report, the Ethereum blockchain generated a $369 million profit in the first quarter of 2024. If this level of profit is sustained, the blockchain...
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Why The Halving Cannot Be Completely Priced In: Bitwise CIO

With the Bitcoin (BTC) halving only hours away, analysts are at odds over whether the one-in-four-years event is already “priced in” to the crypto market. According to Bitwise CIO Matt Hougan, the answer is yes – but it comes with some important nuance. The Bitcoin Halving And Efficient Markets In a Twitter thread posted on...
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Bitcoin Traders Reduced Exposure Ahead of Halving: CryptoQuant

Bitcoin’s fall to $61,000 over the weekend was a result of market participants reducing their exposure to the digital asset ahead of the halving slated for April 20, according to the latest CryptoQuant weekly report. Analysts said traders closed their long positions to take profits, and now, the volume of sell orders in the perpetual...
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New York Jury Convicts Avraham Eisenberg in $110 Million Crypto Market Manipulation Case

A federal jury has convicted crypto trader Avraham Eisenberg of fraud and market manipulation. The charges stemmed from Eisenberg’s exploitation of Mango Markets, a decentralized finance (DeFi) protocol built on the Solana blockchain. Eisenberg Convicted for Market Manipulation Eisenberg, 28, was found guilty by jurors in a federal court in Manhattan on charges of commodities...
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Bitcoin Transaction Fees Overtake Ethereum as Halving Anticipation Grows

For the past four days, fees paid by users on Bitcoin have exceeded those on Ethereum, according to data from Cryptofees, a data analytics platform. This surge in Bitcoin transaction fees has been associated with the growing anticipation surrounding the upcoming halving event and the Runes upgrade. Bitcoin Fees Surpasses Ethereum for 4 Consecutive Days...
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Tether Launches USDT and XAUT on The Open Network (TON)

Leading stablecoin issuing company Tether announced the launch of its products, USDT and XAUT, on The Open Network (TON), a decentralized blockchain network formerly related to the popular messenger app – Telegram. According to a press release sent to CryptoPotato, the launch of USDT and XAUT on TON expands Tether’s presence across the crypto sphere,...
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Telos Partners with Ponos Technology to Develop Hardware-Accelerated Ethereum L2 zkEVM Network

[PRESS RELEASE – Dubai, United Arab Emirates, April 19th, 2024] The Telos Foundation today announced that it will work with Ponos Technology, the leading Zero Knowledge Proof (ZKP) research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2 network featuring SNARKtor, the Telos-developed decentralized recursive proof aggregator. The teams will take a...
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Now Live: MERLUSD Perpetual Swap Listing with Up to 10x Leverage 

A new perpetual contract listing – MERLUSD – featuring Merlin Chain – is now available to trade on BitMEX, with up to 10x leverage.  Trading for MERLUSD will started here at 12:00 UTC on 19 April 2024.  For the lowdown on the latest listings, read on. If you haven’t signed up for a BitMEX account...
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Trade With 250x Leverage, Only Available on BitMEX

Go big or go home. This year marks 8 years since BitMEX earned its name as the inventor of the 100x leverage perpetual swap. So we’re upping our leverage game – and considerably so.  Why are we doing such a thing? Our 100x leverage was created to give every trader, regardless of their available capital,...
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Binance Set for Indian Comeback with $2 Million Penalty

Binance, once banned by the Indian government, is set to make a comeback after agreeing to pay a hefty penalty of approximately $2 million. According to a report by ET, the world’s largest cryptocurrency exchange is preparing to re-enter the Indian market under the finance ministry’s oversight of the Financial Intelligence Unit (FIU). Binance’s India...
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Bitcoin (BTC) $ 97,685.17 4.51%
Ethereum (ETH) $ 3,137.82 0.62%
Tether (USDT) $ 1.00 0.01%
Solana (SOL) $ 242.50 1.89%
BNB (BNB) $ 609.78 0.88%
XRP (XRP) $ 1.12 0.88%
Dogecoin (DOGE) $ 0.383934 2.24%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,136.41 0.61%
Cardano (ADA) $ 0.782285 7.12%