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Canaan secures new financing as revenue falls 55% in Q3
28.11.2023
Despite a downturn in its bottom line, the company has secured a deal with an institutional investor to potentially raise $125 million in capital
Bitcoin Price Prediction as Standard Chartered Reiterates $120,000 Price Target for BTC in 2024 – Time to Buy?
27.11.2023
In the ever-evolving realm of cryptocurrencies, Bitcoin (BTC), the flagship digital asset, remains resilient, consistently hovering above the $37,000 threshold on Monday. The broader crypto market, with a global cap of $1.42 trillion, witnessed a modest 24-hour dip of 1.22 percent....
Average value of undeclared crypto in Japan dropped 19% in 2022
27.11.2023
The number of tax evasion cases featuring crypto assets rose 35% last year when compared to 2021
Cyberpunk 2077 And Other Big Games Are 33 Percent Off For Epic’s Black Friday Sale
22.11.2023
The Epic Games Store might not be making any money, but it’s still giving away lots of good deals to anyone who’s willing to shop there. The Steam competitor’s 2023 Black Friday deals might not be as good as in years past, but the Fortnite maker is still giving all players a coupon for 33 percent...
Polygon gas fees spike 1000% amid Ordinals-inspired token craze
17.11.2023
Gas fees on the Polygon network reached as high as $0.10 during a mad rush to mint an Ordinals-inspired token called POLS
Persona 5 Publisher Raises Salaries Amid Industry-Wide Layoffs
15.11.2023
Developer-publisher Atlus is reportedly raising the annual salaries of its Japanese staff by 15 percent, a move that is the total opposite of what’s been happening across the U.S. labor market (and the games industry specifically) for months now.Read more
Poloniex exchange suffers $100M exploit, offers 5% bounty
10.11.2023
Over $100 million in digital assets were transferred from a wallet belonging to crypto exchange Poloniex in what security firms believe to be a massive hack
Market share rises by 69% for opBNB, Binance announces support
9.11.2023
opBNB went live on mainnet recently and has already seen a massive rise in its market share. The jump is 69% jump for the Layer 2 solution of the BNB Chain. It is now the second most popular layer 2 solution in terms of DAU, 92,761. Additionally, Binance has announced that it will support deposits...
Indian Government Misses on $420 Million in Crypto Taxes as 90% Trade Volume Shifts Offshore: Report
9.11.2023
Source: Pexels The imposition of a one percent tax-deducted-at-source (TDS) on the trading of cryptocurrencies in India has led to a massive shift of millions of users to offshore crypto exchanges, according to a recent report published by the Esya Centre. In February 2022, India’s Ministry...
Shares of Grayscale Chainlink Trust soar 200% premium
8.11.2023
LINK has more than doubled in price in the last three weeks, and this has surged the share value of GLINK shares in the Chainlink Trust of Grayscale. They are up by 200% in premiums. Shares in Grayscale cannot be redeemed; holders can only exit the sphere by selling their shares to a potential...
BNB Smart Chain scam losses dropped 75% in Q3: Report
7.11.2023
Security firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat
Binance's spot trading market share falls to 40% in 2023: Report
6.11.2023
The exchange's share in crypto spot trading was slashed by one-third over the past year
OpenSea slashes workforce by 50% before launching OpenSea 2.0
6.11.2023
OpenSea has announced that it is soon going to launch OpenSea 2.0. However, what has attracted a larger number of eyeballs is the NFT Marketplace slashing its staff force by 50%. This is not the first time OpenSea has reduced its staff, except the explanation has changed. This time, the platform...
Survey: 65% of Spaniards aren’t interested in using digital euro
1.11.2023
The country’s population doesn’t demonstrate as high a confidence level in the European Central Bank’s digital currency project as the government does, according to the survey
Bitcoin Price Prediction: Nearing $35K, Whales Sustain Momentum
1.11.2023
Bitcoin price prediction remains bullish as BTC is trading at $34,432 with a 0.64 percent increase on Wednesday, the push towards this crucial threshold is buoyed by the substantial influence of crypto whales. As the world celebrates 15 years of Bitcoin, reflecting on Satoshi Nakamoto’s...
Tether attestation shows cash and cash equivalents of 86% as loans decline
31.10.2023
Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase agreements
Revenue for TRON DAO goes up by 14% in Q3
27.10.2023
Justin Sun has published numbers for revenue and profit for the third quarter, with both of them meeting expectations and setting the right tone for the final quarter of 2023. Sun has said that the group has collectively registered an increase of 14% in revenue for Q3-2023. The Justin Sun group...
Hodling hard: Bitcoin's long-term investors own over 76% of all BTC for the first time
19.10.2023
BTC supply dynamics show all-time high percentage ownership by long-term holders, and Bitcoin investors should "do the math" as a result, analysis says
Platypus Finance recovers 90% of assets lost in exploit
17.10.2023
As per its agreement, project developers will not pursue legal action against the hacker
Uniswap Labs to charge a 0.15% fee on select frontends and assets
17.10.2023
Uniswap Labs recently announced levying a 0.15% fee on a few frontends and assets. Traders using frontends by Uniswap on its DEX will be subject to the 0.15% fee. Hayden Adams, the founder of Uniswap, made the announcement on its official X/Twitter channel. The founder portrayed the fee as a way...