A CryptoPunk NFT has made headlines for being sold for $56.3 million. This comes amid claims that it was a carefully orchestrated promotional tactic for an upcoming meme coin called “Kamala Harris Punk.” The NFT Sale Punk 1563, depicting a pixelated woman with dark hair and blue eyes, was recently sold for 24,000 ether (ETH), worth...Read More
The Cryptocurrency Open Patent Alliance (COPA) has teamed up with Unified Patents to launch the Blockchain Zone, a new initiative designed to safeguard blockchain developers from “patent trolls.” The campaign targets non-practicing entities (NPEs), which hold patents without developing products and often exploit the high costs of litigation to pressure companies into expensive settlements. Protection...Read More
Pi Network, the mobile app that allows users to mine cryptocurrency on their smartphones, has been one of the most popular projects in recent years, garnering the attention of millions of people throughout the world. The application has over 50 million downloads on the Google Play Store, and many users eagerly anticipate the launch of...Read More
Last week, the US Securities and Exchange Commission filed an appeal in the case against Ripple Labs. This has been one of the most highly anticipated moves, and many speculated that the watchdog would forego its right to do so because its chances of winning are slim. This is also probably the reason why XRP’s...Read More
Polymarket, the blockchain-based prediction platform, recorded a trading volume of $533.51 million in September, driven largely by interest in the 2024 U.S. presidential election and geopolitical developments in the Middle East. According to Dune Analytics, this marks a $61.51 million increase from August’s $472 million. The platform also saw a 41% rise in active users,...Read More
[PRESS RELEASE – Mahe, Seychelles, October 4th, 2024] Tectum, the fastest blockchain network globally with 3.5 million transactions per second, announced the release of the SoftNote Wallet App on iOS, marking a significant step toward mass adoption of its SoftNote technology. Previously accessible only through a web interface, SoftNote now allows users to conduct instant...Read More
[PRESS RELEASE – San Francisco, USA, October 3rd, 2024] Partners Using Smart Contract Library, AI-Powered Tools Include Monad, Berachain, Polygon, Sui, Linea, and More Cookbook.dev, the AI-powered Web3 developer ecosystem, has partnered with the most advanced blockchain networks to make it easier and faster for them to onboard developers, deploy more projects, and grow. Partners...Read More
Bitcoin (BTC) usually performs well in the fourth quarter of bull cycle years, especially after halving events. CryptoQuant analysts say this year will be no different; however, things are not adding up. According to a CryptoQuant report, Bitcoin’s apparent demand growth is still slow, and it will need to grow at faster rates to propel...Read More
According to a report released by digital asset data provider CCData on Oct. 3, Binance’s market dominance has declined significantly. Its spot market share has fallen to 27%, the lowest level since January 2021, according to the report. It stated that in September, Binance’s spot trading volume dropped by 22.9% to $344 billion, marking the...Read More
Approximately 17,400 Bitcoin options contracts are due for expiry on Friday, Oct. 4. These contracts have a notional value of around $1 billion. Today’s options expiry is much smaller than last week’s mammoth end-of-the-month and end-of-the-quarter event, so it is unlikely to impact spot markets, which have been retreating this week. Bitcoin Options Expiry This...Read More
The United States Court of Appeals for the Ninth Circuit has reopened a case against AT&T, an American multinational telecommunications company whose employees enabled a Subscriber Identity Module (SIM) swap that led to the theft of cryptocurrencies worth $24 million in 2018. According to a filing published by the court panel, almost all charges brought...Read More
The U.S. Securities and Exchange Commission’s (SEC) Director of Enforcement, Gurbir Grewal, has announced his resignation, effective October 11, 2024. His sudden exit comes at a critical moment for the regulator, as it is filing an appeal in its high-profile case against Ripple. Grewal Leaving as SEC Appeals Ripple Decision The departure was announced in...Read More
The identity of Satoshi Nakamoto has remained a secret ever since the pseudonymous creator of Bitcoin left the scene back in 2010. Now, “Money Electric: The Bitcoin Mystery” claims to have identified him. According to a Politico report, Cullen Hoback’s documentary is expected to air next Wednesday at 2 AM CET. Not much else is known at...Read More
Bitcoin (BTC) faces the risk of falling below its current level of $60,000 in the coming hours due to escalating geopolitical tensions in the Middle East. Analysts at British multinational bank Standard Chartered said in a note accessed by The Block that the chances of BTC declining further are high; however, investors should consider the...Read More
[PRESS RELEASE – New York, New York, October 3rd, 2024] Funtico, the full-stack, chain agnostic Web3 gaming platform, today announced the launch of its Telegram Entertainment Hub with the introduction of its first Tap2Earn game, Lucky Funatic. The new hub and game represent a significant advancement in Funtico’s ongoing commitment to expanding its portfolio of...Read More
This week, Bitwise registered a trust entity called “XRP ETF” in Delaware. The following day, the asset manager filed an S-1 form with the US Securities and Exchange Commission, a necessary step for companies aiming to launch a new security and list it on a public stock exchange. As a result, the optimism surrounding a...Read More
[PRESS RELEASE – Willemstad, Curaçao, October 3rd, 2024] CryptoGames has been highly receptive to providing users with a more nuanced gaming experience, which extends to the quality of games it offers and the types of deposits it accepts. CryptoGames has now added Shiba Inu to the wide range of supported cryptocurrencies. With this announcement, CryptoGames...Read More
An Ethereum ICO participant has sold another 19,000 ETH over the past two days. This freshly offloaded stash is worth around $47.54 million at the current price. This entity had previously received 150,000 ETH during the genesis at an ICO cost of just $46.5K. Dormant Ethereum ICO Participant Resurfaces As flagged by on-chain transaction analytics...Read More
As market fears intensify, several cryptocurrencies have experienced a sharp decline in prices. Amid the chaos, there has been a significant uptick in Dogecoin activity. The OG meme coin experienced its largest spike in active DOGE addresses in the past six months as per new data. Whales also appear to be holding on, which could signify...Read More
Bank of America (BoA) experienced a widespread technical glitch on Oct. 2, affecting thousands of online banking customers. Issues reported included customers unable to access their accounts, online accounts showing zero balances, and problems with online banking, mobile apps, and some ATMs. Where is My Money? Angry customers flocked to social media to complain about...Read More
Bitcoin climbed past $61,400 on Wednesday after taking a major tumble amid escalating conflict in the Middle East, dampening expectations for an October rally. Analysts now suggest that Bitcoin’s attempt to reclaim its all-time high near $74,000 could take longer than anticipated. October’s Rocky Start For Bitcoin Prominent Bitcoin analyst Willy Woo said that Bitcoin’s...Read More
A 21-year-old man from Lebanon, Indiana, has admitted to organizing a major cryptocurrency theft, stealing over $37 million from nearly 600 victims worldwide. Evan Frederick Light appeared before U.S. Magistrate Judge Veronica Duffy on September 30, 2024, where he pleaded guilty to Conspiracy to Commit Wire Fraud and Conspiracy to Launder Monetary Instruments. The Cyber...Read More
Crypto asset manager Bitwise has officially filed for an XRP exchange-traded fund (ETF) in Delaware. It marks a major step in the push toward institutional-level investment in Ripple’s native cryptocurrency. Bitwise CIO Says Filing is Genuine Fox Business reporter Eleanor Terrett took to X on October 1 to break the news that Bitwise had registered...Read More
The Australian Federal Police-led Criminal Assets Confiscation Taskforce (CACT) has successfully seized $9.3 million in cryptocurrency as part of a broader criminal investigation targeting the mastermind behind Ghost. For the uninitiated, Ghost is an encrypted communication platform used for criminal activities. According to the official AFP press release, a 32-year-old man from Narwee was arrested...Read More
[PRESS RELEASE – Stockholm, Sweden, October 2nd, 2024] This marks the first investment from Chromia’s recently launched Data and AI Ecosystem Fund, which is aimed at supporting projects that utilize data in innovative ways within the blockchain space. Chromia has announced a strategic investment and partnership with Elfa AI, an AI-powered social platform designed to...Read More
[PRESS RELEASE – Zug, Switzerland, October 2nd, 2024] Poland’s second-largest bank, Pekao S.A., used the Aleph Zero L1 blockchain to tokenize and preserve internationally renowned Polish artworks. Bank Pekao, Aleph Zero, and Degen House are proud to announce the launch of Archiv3, a project to tokenize and preserve Polish cultural heritage on the Aleph Zero...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, October 2nd, 2024] For 13 years, the AADS ad network has enabled publishers to monetize website, blog, and media traffic in cryptocurrency. Game-changing technologies make the platform a solution not only for large sites but also for smaller ones, as there is no entry threshold. At the same...Read More
Upon analyzing over 1,200 publicly available crypto pre-seed and seed rounds from 2022, Lattice Fund found that the seed-stage crypto market saw investors refocus on the more stable and established sectors of Infrastructure and Centralized Finance (CeFi). This came after a period of exploration into emerging sectors in 2021. Infrastructure and CeFi According to the...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, October 2nd, 2024] Sui becomes the first blockchain to enable the most secure modern alternative to the Border Gateway Protocol Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, announced that it will be the first blockchain to provide validators with a comprehensive defense against...Read More
[PRESS RELEASE – Frankfurt, Germany, October 2nd, 2024] Mpeppe (MPEPE), a cryptocurrency project merging online gaming and decentralized finance (DeFi), has reached a significant milestone with its presale exceeding the $3 million mark. Alongside this achievement, Mpeppe (MPEPE) has launched an exciting new gaming platform on Telegram, offering users a fun and interactive experience while...Read More
