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Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash
22.4.2024
This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various stablecoins have experienced an increase in supply, with...
Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein
22.4.2024
The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said
$60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether
22.4.2024
The world's leading stablecoin issuer Tether has made a fast start on The Open Network (TON), issuing $60 million worth of USDT since integrating with the blockchain on April 19th.
The post $60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether appeared first...
FBI, Europol Say Akira Ransomware Has Drained $42M from 250 Firms
19.4.2024
Akira, a ransomware group, has drained $42 million from 250 firms since March 2023, said the Federal Bureau of Investigation (FBI), Europol, CISA, Europol’s European Cybercrime Centre (EC3), and the Netherlands’ National Cyber Security Centre (NCSC-NL) in a joint statement.
The post FBI, Europol...
Is DogWifHat at Risk? WIF Tumbles 31% as Capital Moves to New Solana Meme Coin
18.4.2024
Popular Solana meme coin DogWifHat (WIF) posted seven-day depreciation of as much as 50% in 24 hours by the morning of Thursday, April 18, according to data by CoinGecko, although its intraweek losses have since slowed to about 31% as of this writing. Among meme coins, WIF took some of the heaviest...
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
18.4.2024
Venture capital funding for cryptocurrency and blockchain projects has experienced its first quarterly rise since 2021.
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on Cryptonews
Web3 Funding Sees Uptick in Q1 as Startups Secure Nearly $1.9B: Crunchbase
18.4.2024
Despite Web3’s challenging journey in recent years, funding for the sector bounced back in the first quarter this year. It marks the first increase since the final quarter of 2021, a Crunchbase report published Thursday showed.
The post Web3 Funding Sees Uptick in Q1 as Startups Secure Nearly...
DAGPaper V2 Unveils: Develop Meme Coins on BlockDAG Ecosystem, Promising 30,000x Potential Amid Ethereum Price Recovery and BNB Insights
16.4.2024
As Ethereum’s price surges past $3,000 and BNB shows robust growth indicators, investors are closely watching these developments. Meanwhile, BlockDAG captures attention with its imminent presale, priced attractively at $0.006 in its upcoming Batch 10. This marks a significant milestone...
Shiba Inu Price Prediction as Meme Coin Market Cap Sees First Decline Since March – This Hidden Coin is Bucking the Trend
16.4.2024
The Shiba Inu price has dived by 8% today, with its price dropping to $0.0000216 as the wider crypto market loses 4.5% in the past 24 hours.
The post Shiba Inu Price Prediction as Meme Coin Market Cap Sees First Decline Since March – This Hidden Coin is Bucking the Trend appeared first on Cryptonews
Bitcoin Shows Resilience Compared to Broader Crypto Market Despite Sell-Off: Fineqia
15.4.2024
Bitcoin has shown resilience in comparison to the broader digital assets market, maintaining a dominance metric of 55.3%, the highest level since April 2021.
The post Bitcoin Shows Resilience Compared to Broader Crypto Market Despite Sell-Off: Fineqia appeared first on Cryptonews
Crypto Experts are Betting Big on This Upcoming VR Token – Here’s What You Need to Know
9.4.2024
The native utility token for upcoming VR gaming platform 5thScape, dubbed 5SCAPE, has almost raised a third of its $15 million target in an ongoing ICO. The 5thScape presale is currently on round four of a dozen and has already raised $4,560,910. This figure equates to about 30% of the target since...
Immediate Infinity Review – Scam or Legitimate Crypto Trading Platform
9.4.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Showing strong words such as “unleash tactics that distinguish the victors from the vanquished”, Immediate Infinity likens the prospect of crypto trading to a battlefield. Since...
dYdX Investigates Block Production Halt During Scheduled Upgrade
8.4.2024
dYdX has confirmed an outage on its mainnet, and ecosystem engineers are currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC, with no fix expected for several hours, according to an incident report.
The post dYdX Investigates Block Production Halt During Scheduled Upgrade...
Crypto Whales are Quietly Gathering Around This Emerging VR Crypto Project – Next Big Narrative?
8.4.2024
Metaverse gaming token 5SCAPE is almost a third of the way towards its target of raising $15 million in its ongoing ICO. The presale is only on round 4 of a dozen so far and has already raised $4,354,934, which equates to about 29% of the target since the presale launched on January 9. 5SCAPE...
Crypto Stocks Gain as Bitcoin Tops $72K for First Time Since March
8.4.2024
Crypto-related companies looked set to start the week on a positive note
Web3 Quests Aim To Drive Fan Engagement At Real Life Events and Online
6.4.2024
The crypto bull market may be driving a renewed interest in non-fungible tokens (NFTs). According to DappRadar, the NFT sector has seen a 50% surge in trading volume for the first quarter of this year, generating $3.9 billion in revenue. These findings indicate this has been the strongest quarter...
Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant
4.4.2024
The number of coins available on Bitcoin exchanges has steadily fallen since the collapse of FTX.
The post Bitcoin Exchange Reserves Plummet To Multi-Year Lows, Under 2 Million Left: CryptoQuant appeared first on Cryptonews
Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks
4.4.2024
Ethereum Layer 2 network Zircuit has surpassed $1 billion in pre-mainnet deposits within a mere six weeks since opening its doors to investors.
The post Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks appeared first on Cryptonews
Crypto Experts Stack Up on Novel VR Crypto Token – How Does it Work?
4.4.2024
Metaverse gaming token 5SCAPE is a quarter of the way towards its target of raising an eye-watering $15 million in an ongoing presale. The ICO is only on round 4 of a dozen so far and has already raised $3,842,843, which equates to just a fraction over 25% of the target since the presale launched...
Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
4.4.2024
The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY....