Ahmad Shadid, the founder of the decentralized physical infrastructure network (DePIN) protocol io.net, has announced that he is stepping down as CEO “effective immediately.” He said that despite the allegations against him in the past, his resignation as CEO is to allow io.net to move forward without interference. COO Tory Green Takes Over “Today I...Read More
[PRESS RELEASE – NY, USA, June 10th, 2024] Solnarize, the innovative meme coin on the Solana blockchain, is thrilled to announce that it has raised over 200 SOL within minutes of launching its $SRIZE token presale. This milestone follows the recent preview of the Solar Defender play-to-earn (P2E) game. Solnarize: Where Fun Meets Sustainability Solnarize...Read More
Regulators will inevitably approve a Dogecoin ETF after both Bitcoin and Ethereum hit US public markets, according to BitMEX co-founder Arthur Hayes. During a Sunday interview alongside Real Vision CEO Raoul Pal, the two investors reviewed their favorite meme coin and crypto picks this cycle, as well as the top risks currently looming over the...Read More
The crypto markets are gearing up as the Bitcoin price is attempting again to secure levels above $70,000. With the beginning of US trading hours, the markets are gaining strength and hence the other altcoins are also trying hard to halt the persisting descending trend. In the meantime, some of the tokens that once had...Read More
UwU Lend, a decentralized lending platform, has become the latest victim of a malicious hack. According to the blockchain security firm, Arkham, the lending protocol saw $19.3 million stolen by bad actors. Although the cause of the hack is yet to be identified, some users claim that the project’s founder is the one behind the...Read More
Ethereum witnessed its strongest week in terms of capital inflow since March, with total inflows amounting to $69 million over the past week, as per the latest stats by CoinShares. The latest influx can be attributed to the surprise decision by the US Securities and Exchange (SEC) to allow spot Ether ETFs. As a result,...Read More
[PRESS RELEASE – Stanford, California, June 10th, 2024] Data availability network 0G has announced the release of Testnet Newton v2, marking a milestone in its mission to make AI services a public good. V2 introduces a host of new features, stability fixes, and security enhancements that advance the first iteration of the 0G testnet. The...Read More
On June 10, OM, the native token of the decentralized finance (DeFi) platform MANTRA, reached an all-time high of $1.09. This milestone coincides with the project’s strategic expansion efforts within the United Arab Emirates (UAE). OM Token Skyrockets Following MANTRA’s Strategic Partnership According to CoinGecko data, at writing time, OM remains up 9.7% over the...Read More
All eyes are on spot Ethereum ETFs. SEC’s surprising turn of events last month has prompted a surge in addresses holding large amounts of ETH during the period. Such a trend could potentially hint at a much-needed revival for the world’s largest altcoin, which has been struggling to surpass the $4,000 resistance level. Wealthy Investors...Read More
Since last weekend the crypto market witnessed a shrunk volatility following the consolidation trend in Bitcoin. As the leading digital assets struggle to sustain above $70000, the altcoin market is experiencing renewed supply pressure, signaling the continuation of sideways trading. Bucking the trend, the Oasis Network (ROSE) and Quant (ROSE) showed a notable uptick in...Read More
[PRESS RELEASE – Monaco City, Monaco, June 10th, 2024] Memereum, a groundbreaking Binance Smart Chain token, is excited to highlight the success of its ongoing presale for its innovative services. Memereum is designed to offer the first blockchain-based insurance, positioning itself as a potential next 100x crypto investment opportunity due to its robust technology backbone....Read More
All eyes are on Wednesday, June 12, which is the date of the U.S. central bank’s policy decision on interest rates. However, the Federal Reserve is likely to keep interest rates unchanged this week, following strong jobs data for May. Policymakers are almost certain to keep rates at the 5.25% to 5.5% range for a...Read More
[PRESS RELEASE – Singapore, Singapore, June 10th, 2024] Lucky Catoshi has introduced a distinctive meme coin project that offers more than 1% of its token supply to users through social media interactions. By simply tweeting, participants can win 1% or more of Lucky Catoshi’s token supply via their “luck machine,” presenting a novel approach to...Read More
In the last market cycle, altcoin and Bitcoin pairs capitulated in June 2019, just before the United States Federal Reserve cut interest rates. The chart pattern for this cycle is identical, and if history rhymes, a similar final flush out of altcoins may be imminent before this month’s Fed rate decision on June 12. However,...Read More
A recent report from blockchain intelligence firm Elliptic titled “AI-enabled crime in the cryptoasset ecosystem” has shed light on the emerging threats posed by artificial intelligence (AI) in cryptocurrency crime. The report, supported by case studies, identifies five emerging types of AI-enabled crimes, ranging from deepfake scams to state-sponsored cyberattacks, emphasizing that these threats are...Read More
Juan Tacuri, 46, of Greenacres, Florida, a senior promoter behind the Forcount cryptocurrency Ponzi scheme, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme, which reaped $8.4 million from primarily Spanish-speaking investors, has been described as one of the more shocking frauds targeting vulnerable communities. Forcount...Read More
Family offices, known for their entrepreneurial spirit, are embracing new investment opportunities. Though cryptocurrencies account for 5% of portfolios, an allocation that would have been unthinkable a decade ago, they remain strikingly split over the role of the asset class. According to the recently published 2024 BNY Mellon Wealth Management Study, approximately 39% of the...Read More
As the cryptocurrency market heats up this June, Solana (SOL), Shiba Inu (SHIB), and Furrever Token (FURR) are emerging as top picks for potential 2X gains. Furrever Token’s limited-time 25% bonus adds to its allure. This article delves into why these cryptocurrencies are worth considering. Seems Solana price Reach $1,000 Solana’s price has appeared a...Read More
Back in 2021, it seemed like every celebrity was getting involved with the cryptocurrency industry through non-fungible tokens. The Bored Ape Yacht Club (BAYC) and CryptoPunks were the hottest collections, and mega stars like Eminem and Justin Bieber (just to name a few) were rocking NFTs as their profile pictures on Twitter (now X). Three...Read More
Analysts at market intelligence platform CryptoQuant have identified a surge in demand for bitcoin (BTC) from large investors and permanent holders. While this could mean many things for the crypto industry, it is deemed a positive sign per the laws of demand and supply. In the latest CryptoQuant weekly report, market experts said that accelerating...Read More
The largest stablecoin issuing company, Tether, has recently made a lot of investments in emerging crypto and artificial intelligence firms. These investments and the firm’s advancement beyond stablecoins show that the entity is keen on expanding its operations. Over the past few months, Tether has dipped its foot into other sectors like peer-to-peer communication, Bitcoin...Read More
“It is only a matter of time until Bitcoin makes a new all-time high,” said 10x Research CEO Markus Thielen in a note on June 7. The analyst has observed a “head and shoulders” chart pattern, which is nearing completion. This could result in a “rally towards 83,000 soon,” he said, predicting that this may...Read More
Crypto investors are constantly on the hunt for the next big thing – a token that has the potential to skyrocket in value and deliver substantial returns. One project that has caught the attention of many crypto enthusiasts is Shiba Shootout, a novel cryptocurrency initiative that promises to combine the excitement of memecoins with the...Read More
Core Scientific, a top player in North America’s digital infrastructure industry, has announced a strategic partnership involving a series of long-term contracts extending over 12 years with CoreWeave, an AI Hyperscaler. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing (HPC) operations. Core Scientific Ventures into AI...Read More
The cryptocurrency landscape is rapidly evolving, with major developments creating a buzz among investors and enthusiasts alike. Recently, two significant events have captured the attention of the crypto community: Solana’s market capitalization surpassing $80 billion and Ethereum’s announcement of the Pectra update. Amidst these groundbreaking developments, Furrever Token has launched an irresistible limited-time offer that...Read More
On June 5, Coinbase CEO Brian Armstrong reported that one million people have joined ‘Stand With Crypto’ as advocates for the industry, adding, “That’s a lot of voters!” He continued to state that 600,000 of these advocates joined after a Whitehouse veto threat, “and thousands mobilized around the back-to-back historic, bipartisan wins in the House...Read More
The US Department of Justice (DoJ) indicted Bill Guan, the chief financial officer of Epoch Times, on Tuesday. The DOJ alleges that Guan was involved in an international scheme to launder around $67 million of illicit funds using cryptocurrency. The Scam From 2020 to May 2024, Bill Guan engaged in a large-scale international money laundering...Read More
The crypto market has displayed a strong bearish price action over the past few days, indicating increased bearish price sentiment in the crypto space. Moreover, top altcoins show a similar trend by recording a negative trend in their valuations. Furthermore, top tokens have recorded a significant correction in their respective portfolios, with the market leaders...Read More
After days and days of registering gains and testing the $72,000 price tag, bitcoin reversed its trajectory on Friday and slumped by more than three grand in hours. The question arises as to why this happened since the inflows into the US-based ETFs keep coming. The Bitcoin ETF Impact It’s safe to say that the...Read More
[PRESS RELEASE – Dover, DE, USA, June 8th, 2024] The cryptocurrency world welcomes a new and exciting project, ScroogeToken, an innovative token that aims to offer rewards and investment potential. Inspired by the iconic character Scrooge McDuck from Disney, ScroogeToken is designed to offer a unique and efficient user experience. ScroogeToken offers a unique feature...Read More
