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US President Joe Biden Sparks Crypto Speculation With Laser Eyes Avatar on X
12.2.2024
US President Joe Biden’s laser-eyed post on his X and Instagram accounts late Sunday intrigued the crypto community. The image posted was captioned: “Just like we drew it up.” Biden’s post follows the Kansas City Chiefs’ victory over the San Francisco 49ers in the Super Bowl...
Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559
12.2.2024
Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been removed from the network since the adoption of EIP-1559...
Tom Brady NFT Fetches $40K as Super Bowl Legends Hype Digital Collectibles
11.2.2024
The NFL All Day digital collectibles brand, developed by Dapper Labs, entered Super Bowl weekend with a surge of momentum. The sports-themed, digital-collectible brand issued promotional packs of NFTs during the NFL playoffs in January, resulting in several high-profile sales. Notably,...
Farcaster Co-Founder Critiques Twitter Clones: Innovation Over Imitation
10.2.2024
Decentralized social media protocol Farcaster has emerged as a prominent player among several burgeoning Twitter alternatives, both on-chain and off-chain. However, Dan Romero, the co-founder of Farcaster, does not view his decentralized social app as a competitor to Elon Musk’s Twitter...
2024 Turning Out To Be The Year of Online Casinos As Scorpion Casino Mania Takes Over Crypto World
10.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. As we step into 2024, the online gambling industry is set to experience significant growth, and one of the exciting platforms leading the way is Scorpion Casino. Utilizing the $SCORP token, Scorpion...
UXLINK Revolutionizes Web3 Social Infrastructure with Multi-Wallet Launch, Garnering $8 Million Across 100,000 OKX Wallets
10.2.2024
UXLINK, a leading Web3 social platform and infrastructure with the unique “social acquaintance” and “Group”model, has officially launched a new feature for managing multiple wallets and multi-chain assets. This update was launched on February 2, in partnership with the OKX Web3 wallet....
Hodlonaut Photo Incident Sparks Judge’s Livestream Warning in Wright-COPA Case
9.2.2024
On February 9, during a tense moment in the trial between Craig Wright, who claims to be the inventor of Bitcoin, and the Crypto Open Patent Alliance (COPA), presiding Judge Mellor issued a warning. The cause: a courtroom photo of Bitcoin influencer Hodlonaut was uploaded without authorization...
New York Attorney General Triples Fraud Allegations Against DCG to Over $3 Billion
9.2.2024
New York Attorney General Letitia James has escalated the state’s legal action against Digital Currency Group (DCG), tripling the estimated size of the alleged fraud to over $3 billion. This development follows a prolonged investigation by James’s office, which uncovered additional...
Bitcoin ETF Reserves Rise: Over 200,000 BTC Worth $9.56 Billion Gathered Since January Debut
9.2.2024
At 10:00 a.m. EDT on Feb. 9, 2024, the nine recently launched spot bitcoin exchange-traded funds (ETFs) collectively possess 202,868.61 bitcoin, valued at $9.56 billion according to current exchange rates. New ETFs Command Over 200,000 Bitcoin In the last 28 days, spot bitcoin ETFs introduced...
Republican Senators Pen Scathing Letter to Gensler for “Unethical” Handling of DEBT Box Case
9.2.2024
A group of Republican senators criticized United States Securities and Exchange Commission (SEC) Chair Gary Gensler over the federal agency’s “unethical” handling of the DEBT Box case in a February 7 letter. Republican Senators Argue SEC’s Tactics Were “Unethical” Senators Cynthia Lummis (R-WY)...
ETF History Made: BlackRock and Fidelity’s Bitcoin Launches Become the Talk of Wall Street
9.2.2024
Interest in market leading spot Bitcoin ETFs has exploded one month after launch, according to Bloomberg’s Senior ETF analyst Eric Balchunas. Balchunas posted a multi tweet thread on X crunching the numbers behind the newly launched Bitcoin investment products. BlackRock and Fidelity’s...
Binance Partners with INTERPOL to Enhance Global Cybersecurity Efforts
9.2.2024
Binance has taken certain measures to fortify global cybersecurity efforts by collaborating with INTERPOL. In a recent half-day virtual session focused on essential topics related to cryptocurrency investigations and cyber policing in the rapidly evolving Web3 space, Binance hosted over 30 officers...
NBA Faces Class Action Lawsuit Over Voyager Digital Promotion
9.2.2024
A class action lawsuit has been filed against the National Basketball Association (NBA), accusing the league of gross negligence through its marketing agreements with the now-bankrupt crypto exchange Voyager Digital Holdings, leading to investor losses of over $4.2 billion. NBA Hit With Class...
CryptoPunks Reveals Details For Its Punk In Residence Incubator Program + More NFT News
9.2.2024
In NFT news today, after a couple of days of increasing non-fungible token (NFT) sales volume, the market is back in red. According to CryptoSlam, the sales volume is down nearly 13% over the past day to $42,137,944. Buyers, sellers, and transactions are all down by just above 30%. Looking at...
Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General
9.2.2024
Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Trust, offered customers up to 8% interest on crypto loans. But it was suspended amid the crypto market downturn...
New BTC ETFs Hold Over 178,000 Bitcoin, Drain Massive Liquidity From Market
9.2.2024
TDLR: Nine ETFs have collectively accumulated a total of 177,949 Bitcoin BlackRock and Fidelity Dominate with Nearly 75% GBTC Bitcoin Reserves declined but still hold a higher number of BTC than all the nine funds combined According to recent reports, the nine new spot Bitcoin ETFs, which were...
Trader Nets $1.6M on WEN’s 500% Upsurge – Could Galaxy Fox Outperform?
9.2.2024
$WEN is a new meme coin on Solana, generating buzz and significant community interest after 70% of its total supply was airdropped to over one million wallets. A smart investor capitalized on the heightened attention around the meme coin, amassing about $1.60 million profit in 14 hours. While $WEN...
Bitcoin Surges Past $45,000 as Miner Selling Pressure Eases: CryptoQuant
8.2.2024
Bitcoin has surged over 4% in the past 24 hours, edging closer to the $45,000 threshold for the first time since mid-January. At the time of reporting, Bitcoin was trading at approximately $44,800, marking a 4.6% increase within the day and a notable 6.3% surge over the past week. While the influx...
Chainlink Unlocks 19M LINK Tokens, Dogecoin and NuggetRush Hit Milestones
8.2.2024
TLDR: In a single day, Dogecoin achieved a record-breaking 1.9 million transfers. Despite the recent unlocking of 19 million LINK tokens, Chainlink’s pricing is still optimistic. NuggetRush presale has sold over 170 million NUGX tokens, setting a new record. A new transaction record of...
JPMorgan Survey Shows Over Half of Institutional Traders Don't Want Crypto Exposure
8.2.2024
The bank’s survey of over 4,000 traders found that 78% of the participants do not plan to trade cryptocurrencies, while just 12% plan to do so in the next five years