Global Company
Since late July 2024, the Ethereum network has experienced a significant downturn. The number of new addresses has plummeted to its lowest point since December 2023, while the number of active addresses has reached levels not seen since January 2024. This decline coincides with the falling price of Ethereum (ETH)
Global Company
TON Foundation and Mocaverse, a project by Animoca Brands, have announced the creation of a $20 million reserve fund aimed at supporting the TON ecosystem. This initiative is designed to stimulate ecosystem growth and transform TON into a leading platform for content, gaming, and community development. Initiative Details The Open
Cryptonews
In a significant financial move, the German government recently received 3,000 bitcoins (BTC) from major cryptocurrency exchanges. This transaction was facilitated by well-known platforms such as Kraken, Coinbase, and Bitstamp, according to a report by Arkham Intelligence. At the time of the transaction, these assets were valued at approximately
Deals
The United States Securities and Exchange Commission (SEC) has initiated legal action against Silvergate Bank and several of its top executives. This move stems from accusations that the bank failed to comply with certain regulatory requirements, including reporting obligations, internal accounting controls, and the proper maintenance of financial records. The
Technology
In our digitally connected world, having a robust monitoring solution is essential for safety and productivity. Spy99 [https://spy99.com/?_ad_pub_src_id=sportnws&_pub_id=1&_ad_camp=blog&_ad_network=organic&lorigin=s99] 2024 stands out as the ultimate tool for discreet and
Deals
Bitwise's senior analyst has forecasted that within six years, the combined market of digital assets and AI technology will reach $20 trillion. He believes these industries are closely intertwined and will continue to strengthen this connection. Juan Leon, senior analyst at Bitwise Asset Management, stated that by 2030,
Cryptonews
In a significant cybersecurity breach, the Japanese cryptocurrency exchange DMM Bitcoin announced the loss of 4,503 BTC, valued at approximately $303 million. The breach involved unauthorized access to the company’s accounts, resulting in the withdrawal of 4,502.9 BTC. Following the incident, DMM Bitcoin has temporarily halted
Global Company
Polyhedra Network, a prominent Web3 infrastructure provider, has announced a change in its token ticker to ZKJ from the previously used ZK. This decision comes amidst a contentious dispute with zkSync over the use of the ZK ticker. The change was reported by The Block, which cited an official statement
Cryptonews
In a remarkable display of cryptocurrency acumen, an unknown trader managed to transform a modest investment of about $2,700 into a staggering $1.24 million, all thanks to the meme coin Shiba Inu (SHIB). This astounding success story, reported by the analytics company Lookonchain, showcases a 419-fold increase in
Cryptonews
MetaMask, a widely recognized cryptocurrency wallet primarily associated with the Ethereum network, is reportedly expanding its capabilities to include the Bitcoin network. According to a recent report from CoinDesk, citing insider sources, the development team at ConsenSys, the company behind MetaMask, is actively working towards this integration. The anticipated access
Cryptonews
Coinbase Derivatives, a prominent player in the derivatives market, has announced an expansion of its product offerings to include futures on commodities like oil and gold. This move will complement the existing cryptocurrency derivatives already available on the platform. The new trading positions are set to begin on June 3,
Cryptonews
Magic Square has announced the launch of its new launchpad platform, a significant development in the Web3 sector designed to facilitate Initial DEX Offerings (IDO). This platform is strategically designed to support and accelerate the growth of Web3 projects by leveraging Magic Square's substantial user base and extensive