Gemini’s bankrupt crypto lending arm has successfully recovered virtually all of its customers’ digital assets, marking one of the most successful industry recoveries from insolvency to date. The crypto exchange, founded by billionaire entrepreneurs Cameron and Tyler Winklevoss, announced on Wednesday that Gemini Earn customers had “received $2.18 billion of their digital assets in kind.”...Read More
Long-term Bitcoin holders – those holding BTC for over 1-2 years – tend to sell portions of their holdings during bullish price phases when bitcoin’s price is rising. This selling behavior was observed from early 2024 through April. However, holders with Bitcoin UTXOs (unspent transaction outputs) older than 3 years continued to accumulate more BTC...Read More
Former FTX co-CEO Ryan Salame was sentenced yesterday to 90 months in prison, according to Damian Lewis, the United States Attorney for the Southern District of New York. Salame previously pled guilty to conspiring to make illegal political contributions and defraud the Federal Election Commission and to conspiracy to run an unlicensed money-transmitting business before...Read More
Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater flexibility and control over their transactions and holdings. PayPal Brings PYUSD to Solana According to the official announcement, PayPal highlighted Solana’s ability to handle a...Read More
[PRESS RELEASE – Tel-Aviv, Israel, May 29th, 2024] Addressable has released the results of a case study showing the efficacy of Web3 user acquisition on Twitter (X) as a part of a Polkadot marketing push. The data shows Addressable’s methodology to be significantly more accurate than Twitter’s native solution for reaching web3 users. Developed to...Read More
[PRESS RELEASE – London, United Kingdom, May 29th, 2024] HegeCoin ($HEGE), the first story-driven memecoin launched two months ago is embarking on the next phase of its growth strategy with two major developments, bringing its characters to life with the latest Generative AI technologies and launching a 13+ channel marketing push. HegeCoin was launched on...Read More
[PRESS RELEASE – Austin, TX, USA, May 29th, 2024] LAKE (LAK3), a pioneering Web3 ecosystem dedicated to transforming the global water economy through blockchain technology and the LAK3 token, is excited to announce its participation in Consensus 2024, taking place from May 29 to 31 in Austin, Texas. Ahad Ali, LAKE’s Director of Communications, will...Read More
Real-world asset (RWA) tokenization protocol, Blocksquare announced that it has tokenized $100 million worth of real estate properties on its platform. According to a press release sent to CryptoPotato, the tokenization of $100 million in real estate assets coincides with the launch of Blocksquare’s decentralized finance launchpad, Oceanpoint v0.5, geared towards empowering real estate tokenization...Read More
[PRESS RELEASE – London, United Kingdom, May 29th, 2024] Memeinator the viral new meme coin, continues its upward trajectory following its successful $7.7 million presale and has confirmed it will list its MMTR token today, the 29th of May, at 3 PM UTC on both MEXC and Uniswap. MEXC, popular among both novice traders and...Read More
On May 28th, BlackRock finally surpassed Grayscale to become the largest spot Bitcoin ETF with 288,671 BTC in its holdings. It took BlackRock’s IBIT just 96 trading days to close the substantial gap with Grayscale’s GBTC. IBIT has now reached an impressive asset under management (AUM) of nearly $19.79 billion. Meanwhile, GBTC saw its AUM...Read More
For the third consecutive week, digital asset investment products attracted impressive inflows, as this time, they totaled $1.05 billion. The latest figures contributed to a record-breaking year-to-date cumulative flow of $14.9 billion. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, the recent surge in prices has driven total digital asset...Read More
Crypto whales and sharks have been known to sway the market in one direction, triggering losses or gains by simply moving their assets. Watching the activities of these market stakeholders can help traders prepare for the next potential move in the price of an asset. Analysts at crypto data platform Santiment have revealed the accumulation...Read More
