Private key leaks were identified as the leading cause of crypto thefts in the second quarter of 2024 by cybersecurity firm SlowMist’s investigative branch, MisTrack. The report highlighted many instances wherein users stored their private keys or mnemonic phrases in cloud storage services like Google Docs, Tencent Docs, Baidu Cloud, and Shimo Docs. Private Key...Read More
After a decade of waiting, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange. However, it appears that market players are on edge regarding the distributions and fear further sell-offs. It is important to understand that Bitcoin has already been on a decline since the beginning of June and has...Read More
The saturated crypto world in 2024 unfolds as a battlefield marked by innovation, speculation, and vast potential. With blockchain technology advancing and adoption expanding, specific digital assets stand poised to distinguish themselves from the crowd. Your eyes would be keenly fixed on identifying the next breakout star capable of exponential value appreciation. In this high-stakes...Read More
Over the past few days, crypto markets have tanked 15% with more than $350 million exiting the space. Monthly support levels have been broken sending crypto assets to their lowest levels since late February as bearish sentiment returns. However, the 28% market correction is nothing new and has happened several times during every market cycle....Read More
[PRESS RELEASE – London, UK, July 6th, 2024] DogeLend, a newly launched ERC20 token, aims to capture the viral appeal of Dogecoin while offering a unique twist. This press release provides news on DogeLend’s concept, market positioning, and strategic plans. The Rise of Dogecoin and Meme Coins Dogecoin, originally created by Billy Markus and Jackson...Read More
Popular multi-chain DEX, PancakeSwap has announced a major community reward program from July 5 to August 5. As part of this initiative, PancakeSwap will distribute over 2.45 million zkSync (ZK) tokens to its community members in appreciation of their support for the zkSync PancakeSwap deployment since July 2023. The airdrop in question aims to reward...Read More
Sam Bankman-Fried – the founder of the now-defunct crypto exchange FTX, once celebrated as the “poster boy” of crypto, is embroiled in a multi-billion dollar scandal involving the misuse of company assets for political donations. Emails uncovered by The Wall Street Journal (WSJ) point to extensive involvement of the convicted exec’s family that could potentially...Read More
On July 5th, Bitcoin fell below $54,000, experiencing a decline of over 6% in the past 24 hours due to increasing bearish pressure. The market downturn intensified after Mt. Gox, an early cryptocurrency exchange that went bankrupt over a decade ago, started to repay its customers following a lengthy bankruptcy process. The latest downturn has...Read More
[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, July 5th, 2024] GoMining, a premier Bitcoin mining operator redefining the industry’s accessibility through their innovative NFTs, each backed with a real share of BTC hashrate, has revealed the upcoming listing of the GOMINING token on the HTX crypto exchange. GOMINING, the utility token of the...Read More
[PRESS RELEASE – Tokyo, Japan, July 5th, 2024] $DOP, the token of the Data Ownership Protocol (DOP) will be available for trading in 7 major cryptocurrency exchanges such as Bybit, Kucoin, HTX, Bitfinex, Gate.io, MEXC, and WhiteBIT, starting July 5th, 2024. The Data Ownership Protocol clarified that on Bybit, the token will be listed as...Read More
Meme coins revived the altcoin market, as many of them pulled off price pumps when Bitcoin crossed the $60,000 mark over the weekend. Even Shiba Inu and Dogecoin, predicted to crash in June, have gotten favourable predictions from analysts. However, while several altcoins are just entering their price recovery phases, a new DeFi token is...Read More
German Member of Parliament and Bitcoin advocate Joana Cotar has called on the government to halt its rapid Bitcoin sell-offs. Cotar argued that it is neither “sensible” nor “productive” and believes that Bitcoin should be adopted as a strategic reserve currency to safeguard against economic instability. Joana Cotar Criticizes German Bitcoin Sell-Offs In a July...Read More
The defunct cryptocurrency exchange Mt Gox has finally commenced creditor repayments ten years after filing for bankruptcy. According to an announcement from the Mt Gox Rehabilitation Trustee, the defunct estate distributed bitcoin (BTC) and Bitcoin Cash (BCH) payments to some creditors on July 5 through designated crypto exchanges linked with the repayment plan. Mt Gox...Read More
[PRESS RELEASE – Zurich, Switzerland, July 5th, 2024] Gamma Prime is the next-generation protocol for tokenizing real yield strategies from the top global market makers and funds. The regulatory-compliant L1 introduces new yield primitives with complete composability and interoperability. By creating the first protocol for authentic yield generation in DeFi, Gamma Prime democratizes access to returns across...Read More
[PRESS RELEASE – Hong Kong, HK, July 5th, 2024] Zero-Knowledge EVM blockchain Cronos zkEVM has announced the launch of its Pioneer Program. The initiative allows early users to earn points for their activity on Cronos zkEVM and for interacting with specific dapps. The Pioneer Program has been designed to incentivize the Cronos community and reward...Read More
[PRESS RELEASE – Hamilton, Bermuda, July 5th, 2024] HashKey Global, a licensed digital asset exchange, proudly announces its first profitable month and its ranking among the top 10 global exchanges on Coingeckoas of the date of this release. This milestone marks HashKey Global as one of the fastest-growing digital asset exchanges in the world in...Read More
Around 18,000 Bitcoin options contracts will expire on July 5 with a notional value of around $1 billion. However, this week’s expiry event is much smaller than the big end-of-quarter contract expiry last Friday. Bitcoin Options Expiry Today’s batch of BTC derivatives has a put/call ratio of 0.65, meaning that almost twice as many long...Read More
Ethereum price fall breaks under crucial supports and the $3,000 mark as the crypto market collapses. Will the downfall hit $2,600 this Sunday? With a bullish end last Sunday and a 1.75% jump, Ethereum holders did not expect a crash this week. However, with the release of the Mt. Gox Bitcoin payout, the crypto market...Read More
Asset management firm Bitwise has amended its S-1 registration with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ether exchange-traded fund (ETF). This follows SEC Chair Gary Gensler’s statement that the commission might finalize approvals for spot Ether ETFs by summer 2024, with some analysts anticipating it...Read More
The US spot Bitcoin ETFs experienced a net outflow of $20.45 million on Wednesday. Interestingly, only two of them showed activity amid market uncertainty. Grayscale’s GBTC saw a $26.99 million exit, while Fidelity’s FBTC gained $6.55 million. The remaining nine funds, including BlackRock’s IBIT, Bitwise’s BITB, and VanEck’s HODL, reported no flows. US Bitcoin ETFs’...Read More
[PRESS RELEASE – Singapore, Singapore, July 4th, 2024] Pandiana, a Solana meme infused play-to-earn gaming has launched it’s much anticipated presale for $PNDA tokens, this announcement comes right after the team announced the raise of $500,000 in a pre-seed raise. The $PNDA token presale is set to begin today 4th of July 2024, marking a...Read More
[PRESS RELEASE – HK, HongKong, July 4th, 2024] ASIC MARKETPLACE is celebrating 3 remarkable years of leading the industry as the most reliable Asic sourcing platform, serving robust ASIC Miners across the world, marking phenomenal achievement and growth in the mining landscape. ASIC marketplace has been in the industry since 2021, where it has performed...Read More
Seychelles-based derivatives exchange, BitMEX has announced the launch of the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. The latest offering is designed to provide traders with an opportunity to gain exposure to the top meme coins in the market through a single contract. BitMEX’s MEMEMEXTUSDT Dubbed the “S&P500 for crypto meme coins,” this new offering will...Read More
Justin Sun is back with another ambitious proposition. The Tron Founder has now set his sights on the German government’s BTC stash, boldly offering to buy it all off-market to “minimize the impact on the market.” It all started with the German government-labeled wallet’s suspicious transfer of 6,500 BTC on June 19, worth more than...Read More
Hamster Kombat has become a new Crypto sensation by gathering a jaw-dropping 239 million users in just 81 days! This viral hit, celebrated by Telegram founder Pavel Durov, is set to introduce millions to blockchain tech through its upcoming token launch on the TON blockchain. Since its launch in March 2024, this P2E game has...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, July 4th, 2024] Bybit, the world’s second-largest web3 platform by trading volume, solidified its commitment to fostering innovation and collaboration within the blockchain industry through a multifaceted sponsorship at the prestigious Swiss Summer Web3Fest and Crypto Valley Conference (CVC) in Switzerland in early June 2024. “Bybit was one of...Read More
[PRESS RELEASE – Amsterdam, The Netherlands, July 4th, 2024] Bybit, the world’s second-largest web3 platform by trading volume, is thrilled to announce the soft opening of its Netherlands office in Amsterdam as Bybit Powered by SATOS. This strategic move marks Bybit’s expansion into the Dutch market and reaffirms its commitment to providing exceptional services to...Read More
[PRESS RELEASE – Global, Global, July 4th, 2024] Venom Foundation is pleased to announce a major milestone in its global expansion strategy: the listing of its native token, $VENOM, on two of India’s leading cryptocurrency exchanges, WazirX and CoinDCX. This pivotal move grants Venom access to a massive user base in the world’s most populous...Read More
On July 4, blockchain security platform PeckShield reported that wallets linked to the German government were moving BTC. Around 1,300 coins worth roughly $75 million were transferred from these associated wallets to centralized exchanges Coinbase, Kraken, and Bitstamp, it noted. It is not the first transfer this week; on July 2, the wallet associated with...Read More
The bearish hold over the crypto markets is intensifying as the Bitcoin price continues to crash below $58,000. The growing uncertainties over the token have not only made the retail traders vigilant but also the bigger players like institutions, whales, and dormant addresses. A similar trend has been witnessed in the past 24 hours, which...Read More
