Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry. Riot has already acquired a 9.25% stake in Bitfarms and plans to make a public takeover offer despite the company’s board’s recent rejection. Global Bitcoin Mining Giant Riot has proposed an...Read More
In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly...Read More
[PRESS RELEASE – San Fransico, California, May 30th, 2024] This partnership provides Coindisco’s community with a reliable, regulated, and trusted payment system that drives more approvals and more revenue from more digital assets. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, integrates today with Coindisco for buying and monitoring the user’s preferred...Read More
[PRESS RELEASE – Los Angeles, California, May 30th, 2024] Wave Digital Assets (Wave), a digital asset-focused investment adviser regulated by the SEC, is pleased to announce the launch of a Polygon network-focused yield vehicle with an initial $30 million. The vehicle is designed to support protocols and teams on the Polygon zkEVM blockchain.starting with facilitating liquidity...Read More
This year saw an explosion of meme coin launches, many of which have questionable ties. In fact, Lookonchain’s data effectively highlights the perils of trading meme coins, especially those endorsed by celebrities, with the latest spotlight on American celebrity Caitlyn Jenner’s JENNER, which was launched on the Solana blockchain. JENNER Memecoin Pitfall Despite several market...Read More
The significant rally of the frog-themed meme coin Pepe (PEPE) has put the majority of its holders in profit. According to a tweet by IntoTheBlock, more than 96% of crypto users holding PEPE are currently at the money. Thanks to an impressive 90% return this month, over 96% of $PEPE holders are now in profit....Read More
[PRESS RELEASE – Bucharest, Romania, May 30th, 2024] Banksters, the pioneering trading game that is gamifying financial education through integration of NFTs, has today announced that its $BARS utility token will soon be listed on several leading cryptocurrency exchanges. On May 30, Banksters’ native $BARS token will become available for trading on MEXC, BingX. Also...Read More
Blockchain analysis firm Nansen has identified DBS Bank, one of Singapore’s largest banking institutions, as a cryptocurrency whale. According to Nansen, a crypto wallet reportedly owned by DBS Bank holds 173,753 Ether (ETH), valued at around $650 million at the current market price. DBS Sitting on a $200M Profit? Nansen’s analysis states that the address,...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, May 30th, 2024] The integration of Atoma adds new capabilities to Sui’s flourishing developer ecosystem with unique AI-querying capabilities Sui, the Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, together with Atoma Network, pioneers in decentralized AI, are excited to announce the introduction of a...Read More
Large investors have been actively accumulating Bitcoin during market downturns, potentially viewing them as buying opportunities and then selling during periods of market revival or anticipation of increased institutional adoption. Data shows that the collective holdings of Bitcoin wallets containing at least 10 BTC have increased significantly in the past five months. In fact, this...Read More
BlackRock has submitted a revised registration statement for its proposed spot Ethereum ETF. The updated S-1 filing also included details about the company’s seed capital investor. Now, analysts suggest that U.S. spot Ether exchange-traded funds (ETFs) could launch by late June. BlackRock Reveals Seed Capital Investor Information The world’s largest asset manager submitted an amended...Read More
[PRESS RELEASE – San Francisco, CA, May 29th, 2024] Galxe, web3’s largest onchain distribution platform, announced today the upcoming launch of Gravity, a Layer 1 omnichain smart contract platform designed to transform how users and developers interact with web3. Over the past three years, Galxe’s user base and transaction volume have grown exponentially, highlighting the...Read More
[PRESS RELEASE – Austin, Texas / USA, May 29th, 2024] Centrifuge, the platform for tokenized real-world assets onchain, today announced Credbull as the latest asset manager to tokenize and launch a private credit fund on Centrifuge. Credbull will be available to investors in the Plume ecosystem. Plume announced an initial allocation of $10M in the...Read More
[PRESS RELEASE – New York, United States, May 29th, 2024] As the cryptocurrency markets continue to exhibit bullish behavior, CryptoHeap, a frontrunner in cryptocurrency staking services, is excited to announce its commitment to providing 24/7 support for all investors throughout this volatile period. This round-the-clock support is designed to assist stakers in navigating the complexities...Read More
On May 28, ENS Labs proposed that the Ethereum Name Service expand to layer-2 scaling protocols in an effort called “ENSv2.” “We’re not just migrating core parts of the ENS protocol,” the team said in a blog post before adding that it is taking knowledge from the last seven years at the frontier of Web3,...Read More
