May 13, 2024

Here Are The Bitcoin Layer 2s To Watch Out For, According To Grayscale

Crypto asset management giant Grayscale says there’s a “renaissance” in Bitcoin development, with several new Layer 2s (L2s) worthy of keeping an eye on. In a new investor report, Grayscale analyst Michael Zhao argued how these technologies may both bring new use cases to Bitcoin and foster more market demand for BTC. Rollups On Bitcoin...
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$71M WBTC Dusting Attack Victim Recovers Stolen Loot

The crypto whale who lost $71 million worth of wrapped bitcoins (WBTC) via a dusting attack has recovered the stolen funds after negotiations with the hacker. According to a tweet by blockchain security firm PeckShield, the scammer began returning the funds on May 9 and completed the process on May 11. Stealing $71M WBTC The...
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3 Week Post-Launch: Runes Protocol’s Activity Sees Substantial Decrease

Since its much-hyped debut during the latest Bitcoin halving, activity on the Runes protocol has experienced a significant downturn. The protocol, which allows users to create fungible tokens on the Bitcoin blockchain, saw a surge in transactions initially but has since declined in activity, particularly on May 10. Runes Protocol Decline According to data from...
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Ex-Coinbase CTO Explains Why Democrats Are Against Crypto

Crypto is now a partisan issue in the United States, and there’s a clear reason as to why, according to a former Coinbase executive. Author and entrepreneur Balaji Srinivasan argued this weekend that digital assets appeal to “American conservatives” and “Chinese Liberals” – demographics that generally aren’t represented by the Democratic party. Crypto Versus Rich...
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Kiyosaki sits down with Kinesis to Talk ‘The Evolution of Money’

[PRESS RELEASE – London, United Kingdom, May 13th, 2024] Robert Kiyosaki, the renowned businessman and best-selling author of the educational series, ‘Rich Dad Poor Dad’, joins Andrew Maguire, on this week’s episode of Live from the Vault. This week, a precious metals commentary show hosted by the renowned London whistleblower takes viewers through the current...
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DVT 101: All You Need to Know on ETH Staking with Decentralized Validator Technology

By Adam Efrima The crypto space is full of buzzwords and abbreviations, and today, I’ll be discussing one that’s not quite so widespread yet: Decentralized Validator Technology, or DVT. It promises to fix a major worry about how traditional validator setups operate on Ethereum by significantly decentralizing and securing the process. Validators are the entities...
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Tether CEO Slams Ripple Chief for Spreading FUD About USDT

Tether CEO Paolo Ardoino has slammed Ripple chief executive Brad Garlinghouse for spreading fear, uncertainty, and doubt (FUD) about USDT, its largest stablecoin offering. In a Monday tweet, Ardoino outlined Tether’s efforts to sustain a global financial ecosystem while maintaining regulatory compliance by working with law enforcement agencies to combat criminals. Spreading FUD About USDT...
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Over $60 Million Worth of Bitcoin (BTC) Moved After a Decade

Bitcoin worth over $60 million has been transferred from dormant wallets that have remained inactive for over a decade. The transfer, which occurred yesterday, involved the movement of 1,000 BTC, valued at $62.8 million according to current prices. Dormant Addresses Move BTC Worth $62.8 Million According to on-chain data, two Bitcoin wallet addresses, dormant since...
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Fukuku Token Joins the Cryptocurrency Market, Offering a Unique Take on Meme Coin Culture

[PRESS RELEASE – Japan, Tokyo, May 13th, 2024] As the cryptocurrency landscape continues to evolve, the new Fukuku Token introduces a novel meme coin inspired by the Japanese Maneki Neko, symbolizing good fortune. This cat-themed digital asset diverges from traditional dog-themed meme coins, incorporating elements of Japanese culture and the broad appeal of feline motifs....
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Robert Kiyosaki: Buy Bitcoin for Protection Against Hyperinflation in the United States

Robert Kiyosaki has become one of the most vocal supporters of ‘real money,’ as he calls it, that includes gold, silver, and bitcoin. Simultaneously, he continues to bash ‘fake money’ like the US dollars. During his latest warning, Kiyosaki asserted that a potential gold-backed stablecoin launched by the countries in BRICS could lead to hyperinflation...
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KoinBay Launches Intuitive Trading Platform with Competitive Lunch-Hour Fees

[Road Town, British Virgin Islands, May 13th, 2024] In the vibrant world of cryptocurrency trading, KoinBay stands out by offering a unique combination of features designed for modern-day traders. This centralized crypto trading platform distinguishes itself with an intuitive user interface, competitive pricing, and robust reliability measures, redefining what traders can expect. Navigating KoinBay: A...
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This Week’s US Inflation Reports Are Expected to Shake Crypto Markets

Crypto markets remained flat over the weekend following a fall last week, dropping total capitalization to $2.38 trillion. This week’s economic calendar could induce more volatility as key inflation data is reported alongside a number of Federal Reserve speeches, which could indicate the direction of monetary policy going forward. Economic Calendar Tuesday will see the...
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Bitcoin (BTC) $ 97,439.11 4.18%
Ethereum (ETH) $ 3,131.79 0.25%
Tether (USDT) $ 1.00 0.10%
Solana (SOL) $ 241.61 1.36%
BNB (BNB) $ 609.33 1.07%
XRP (XRP) $ 1.13 1.90%
Dogecoin (DOGE) $ 0.382437 2.66%
USDC (USDC) $ 0.999976 0.07%
Lido Staked Ether (STETH) $ 3,128.67 0.26%
Cardano (ADA) $ 0.776893 7.74%