Phantom, a Solana-based decentralized finance (DeFi) wallet, has issued an urgent update for its iOS app. This follows reports that a bug unexpectedly logged some users out of their accounts. The glitch prevented several iOS customers from accessing their wallets unless they had backed up their recovery phrases. Users Locked Out of Their Wallets “We’re...Read More
Solana’s decentralized finance (DeFi) is seeing a resurgence amidst a broader market rally. According to data compiled by DeFiLlama, Solana’s decentralized exchanges (DEXs) have hit a milestone, with daily trading volumes surpassing $5 billion for three consecutive days. This marks the first time such a feat has been achieved. During the week of November 10-16,...Read More
Police in India have reportedly taken a suspect into custody in connection with the high-profile attack on the WazirX crypto exchange. The individual’s capture comes almost four months after the incident, which resulted in the loss of more than $230 million worth of crypto, was first reported. Two Suspects Identified According to local news sources,...Read More
FBI agents raided the Manhattan apartment of Polymarket CEO Shayne Coplan on Nov. 13, according to the New York Post. US law enforcement agents demanded Coplan turn over his phone and other electronic devices, The Post wrote in an exclusive citing a source close to the matter. The raid happened one week after Polymarket accurately...Read More
[PRESS RELEASE – Willemstad, Curaçao, Netherlands, November 14th, 2024] Leading crypto sportsbook Cloudbet reports a stark divide among bettors ahead of the highly anticipated Mike Tyson vs. Jake Paul boxing match, set for November 15th at AT&T Stadium in Arlington, Texas. While nostalgia is driving many to back the legendary Tyson, who officially retired from...Read More
Bitcoin (BTC) continues to rally to new all-time highs daily, with crypto investors wondering which price level will be the next victim of the cryptocurrency’s upward momentum. While market participants speculate on which price would be bitcoin’s final destination for this bull run, analysts have outlined on-chain conditions to look out for in the future....Read More
[PRESS RELEASE – Cayman Islands, Cayman Islands, November 14th, 2024] Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies BIT Mining Limited (NYSE: BTCM)....Read More
Crypto analyst Master Kenobi has suggested that the price of Dogecoin (DOGE) could rise to as much as $2, with its market cap potentially supplanting those of Solana (SOL), Binance Coin (BNB), and even Tether (USDT) to make it the third most valuable cryptocurrency in the market. The assessment comes in the wake of the...Read More
[PRESS RELEASE – London, United Kingdom, November 14th, 2024] Pepeto, the God of Frogs, is aiming to make a major impact in 2025. Pepeto combines ancient-inspired storytelling with cutting-edge crypto technology, offering potential value through exchange listings, swap capabilities, and potential yield staking options—all designed to redefine the memecoin space. A Story Rooted in Myth...Read More
As Bitcoin momentarily reached a new all-time high above the $93,000 mark, the Litecoin rally is beginning to shape up. Crossing over the $80 mark, a Morningstar patent teases a bull run ahead for Litecoin. Furthermore, its attempt to siphon momentum from the meme coin rally and the potential support from the Dogecoin team could...Read More
Bitcoin’s price has been on a whopping run that drove it from $68,000 on US election day just over a week ago to a fresh all-time high of over $93,000 earlier this morning. After gaining roughly $25,000 within the span of less than ten days, the crowd has expectedly turned highly bullish and the levels...Read More
Bitcoin prices hit another all-time high in late trading on Wednesday, Nov. 13, when it tapped $93,477, according to CoinGecko. However, the asset had since retreated to around $90,000 during the Thursday morning Asian trading session. The correction was a blip as BTC continued higher adding to its 20% weekly gains. Bitcoin has now added...Read More
Cryptocurrency-related exchange-traded funds (ETFs) now make up almost 40% of the top 50 best-performing ETFs launched in 2024. The surge is an indicator of the growing interest in digital assets, positioning such products as key parts of the investment space. Crypto ETFs Leading the Charge According to data shared by ETF expert Nate Geraci in...Read More
Dogwifhat (WIF), a popular Solana-based meme coin, is making waves in the cryptocurrency realm with its impressive performance amid bullish market sentiment. However, WIF’s rally today surprised everyone, as the price rallied by over 67% in the past 24 hours. Coinbase’s WIF Listing Announcement This notable rally in the meme coin was witnessed after Coinbase...Read More
Massachusetts Senator Elizabeth Warren is reportedly set to become the Ranking Member on the Senate Banking Committee, replacing Sherrod Brown after his exit. The shift comes despite major efforts by the cryptocurrency industry, which spent about $40 million to unseat Brown. Warren’s Upcoming Role Many crypto advocates saw the departure of the three-term Ohio senator,...Read More
On Nov. 12, Web3 venture capital firm Hack VC released research and analysis on Ethereum’s modular strategy. “In the short term, modularization likely hurts ETH price because of lower fees and reduced token burn, but this isn’t the whole story,” said Hack VC managing partner Alex Pack. Ethereum’s Future is Bullish Since 2020, Ethereum has...Read More
The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to seize cryptocurrency worth about $16 million held in a Binance account. This action is the result of a years-long investigation into suspected illegal activities tied to alleged bribery schemes involving FTX founder Sam Bankman-Fried, also known as SBF. The Alleged Bribery Scheme...Read More
As Bitcoin continues to break into uncharted territory frequently, a previously dormant wallet has come to life after more than a decade of inactivity. According to the popular crypto tracker, Lookonchain, a Bitcoin wallet that has been dormant for 13 years, has made a significant transaction. The entity, which holds 426.3 BTC worth around $36.62...Read More
[PRESS RELEASE – Victoria, Seychelles, November 13th, 2024] In an exciting development for crypto fans and traders, BYDFi recently unveiled SUNDOG USDT-M contracts, accompanied by a prize pool of 380,000 SUNDOG tokens. This move comes after interest and activity surrounding SunDog (SUNDOG Token), a meme token on the TRON blockchain that has experienced significant growth,...Read More
[PRESS RELEASE – Colorado, USA, November 13th, 2024] The recent increase in the PNUT token (Peanut the Squirrel) on the cryptocurrency market reflects both user interest and BYDFi’s attention to market trends. In response to this interest, BYDFi moved to list PNUT, demonstrating its commitment to adapting to shifts within the crypto landscape. PNUT Token’s...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, November 13th, 2024] With a 70-year legacy of offering investment solutions across diverse industries and asset classes, privately held VanEck now provides millions of customers access to SUI Investment firm VanEck has introduced a product representing SUI. VanEck, known for its financial products that provide access to Bitcoin,...Read More
Dogecoin had been climbing alongside other cryptocurrencies, but it gained an extra 5% earlier today following President-elect Donald Trump’s formal announcement of the creation of the Department of Government Efficiency, a.k.a. “D.O.G.E,” in a bid to foster “more efficiency and less bureaucracy” and ultimately “drive The American Dream.” This has fueled further enthusiasm and added...Read More
Credefi continues to grow, aiming to create value for its users and ecosystem while delivering innovative financial solutions. Let’s have a closer look at some of the most recent milestones the team has achieved, positioning itself for long-term success, highlighted by strategic partnerships, token initiatives, and the rollout of new financial functionalities. Expanding Accessibility with...Read More
The unprecedented events surrounding this bull season, like bitcoin (BTC) hitting an all-time high before the halving, have led traders to think the digital asset may follow a pattern not seen in past cycles. Recently, there have been speculations that BTC may complete its bull run this year or by January 2025. However, some market...Read More
President-elect Donald Trump’s team is reportedly in discussions with cryptocurrency leaders about regulatory changes that could reshape the U.S. approach to digital assets. According to sources, Trump plans to adopt a more lenient regulatory stance to fulfill his campaign promise of making the U.S. the “crypto capital of the planet.” Crypto-Friendly Appointments The Washington Post...Read More
Dogecoin (DOGE), the leading meme coin, is making waves in the cryptocurrency realm as it has been soaring significantly following Donald Trump’s victory in the U.S. presidential election. Today, November 13, 2024, Trump announced that Elon Musk and Vivek Ramaswamy will lead a newly created Department of Government Efficiency, which is abbreviated as DOGE. DOGE...Read More
Chinese fabless integrated circuit design company Nano Labs has announced that it has opened a Coinbase account and begun accepting Bitcoin payments for its products. Its decision to expand its global transaction options coincides with Bitcoin reaching an all-time high of $90,000. Nano Labs Turn to Bitcoin In its official press release, Nano Labs stated...Read More
Sam Trabucco, the former co-CEO of Alameda Research and a close associate of FTX founder Sam Bankman-Fried, has reached a preliminary settlement with the creditors of the now-defunct cryptocurrency exchange. In a proposed agreement, Trabucco agreed to relinquish several high-value assets to help repay the bankrupt firm’s debts. The Settlement Deal According to a November...Read More
The Ethereum Foundation – a non-profit entity that supports the second-largest blockchain – sold 100 ETH for 334,315.7 DAI on November 12th. The sale represents the foundation’s first ETH transaction since releasing its 2024 report last week. Ethereum Foundation’s ETH Sales According to the popular blockchain analytics platform ‘Spot On Chain,’ in 2024 alone, the...Read More
Bitcoin (BTC) has been on a bullish price movement for over a week, fueled by Donald Trump’s presidential election victory. The leading cryptocurrency has unlocked multiple all-time highs (ATHs), tapping $90,000 earlier today. Arthur Hayes, the co-founder of the BitMEX crypto exchange, believes that the crypto asset could attain a price height of $1 million...Read More
