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Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY
19.4.2024
The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year quarterly revenue growth rate of 155%.
The post Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY 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...
Elon Musk Gets Owned By Elden Ring Morse Code Master
17.4.2024
A favorite pastime of Kotaku is spotting the new and ludicrous ways people have found to best super-tough games like Elden Ring. Whether using a harp or an ass, people are both incredible and incredibly inventive. It turns out, though, that not everyone’s capable of appreciating that. So when...
South Korean Central Bank to ‘Speed up’ CBDC Project
17.4.2024
The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW with a group of 100,000 citizens later this year.
The post South Korean Central Bank to ‘Speed up’ CBDC Project appeared first on Cryptonews
Crypto Experts Are Betting on This New Bitcoin Project As Crypto Prices Rebound – 100x Possible?
15.4.2024
Political and economic uncertainty may have investors trading cautiously but with Bitcoin’s halving on Friday set to revitalize what has been an already breakout year for crypto, one exciting new presale is getting a look-in: 99Bitcoins. Last Thursday, 99Bitcoins began a presale for...
UK Set To Launch New Crypto Staking And Stablecoin Legislation By July, Economic Secretary Bim Afolami Says
15.4.2024
The UK is set to introduce new crypto staking and stablecoin legislation by July, according to recent remarks by Economic Secretary Bim Afolami. Afolami previously hinted at the legislation in February as the current conservative-led government aims to introduce new regulation ahead of this year's...
How Investors Should Handle Celsius in Their Tax Returns This Year
15.4.2024
Creditors to the failed crypto lender have got their dollars back after bankruptcy, but working out the tax implications is going to take longer, says Koinly's Michelle Legge
IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year
15.4.2024
Guy Ficco, the IRS Criminal Investigation Chief, says the agency is prepared for a significant uptick in crypto-related tax evasion cases amid the tax filing season.
The post IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year appeared first on Cryptonews
Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts
15.4.2024
Digital ruble rollout plans could cost the Russian banking sector a total of $536 million per year, financial analysts have claimed.
The post Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts appeared first on Cryptonews
Baldur’s Gate 3 Becomes First Game To Win Every Major GOTY Award
12.4.2024
If it seems like Baldur’s Gate 3 can’t stop winning Game of the Year awards, you aren’t wrong. Just this week, Larian’s ambitious 2023 Dungeons & Dragons RPG took home yet another prize during the video game portion of the British Academy Film Awards (BAFTAs). While it is impressive alone to take...
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Bitz Casino Review: Crypto Gaming on a New Scale
12.4.2024
Playing with cryptocurrency is one of the main requests of modern players in 2024. This need of users began to be fulfilled last year by Bitz crypto casino, which opened last year.
The post Bitz Casino Review: Crypto Gaming on a New Scale appeared first on Cryptonews
EigenLayer, Crypto's Biggest Project Launch This Year, Is Still Missing Crucial Functionality
10.4.2024
The "restaking" protocol with $15 billion in deposits won't pay rewards to depositors and is missing its mission-critical "slashing" feature
Crypto Miners Run Down Bitcoin Inventory to 3-Year Low in a Strategic Pre-Halving Move
10.4.2024
Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen ahead of prior halving in May 2020
AI Crypto Tokens Surge 257%: 15 Nations Taking the Lead, US Consumers Drive Interest in AI Crypto Coins
10.4.2024
AI crypto coins increased by an average of 257% between January and March of this year. But which countries top the rankings in interest?
The post AI Crypto Tokens Surge 257%: 15 Nations Taking the Lead, US Consumers Drive Interest in AI Crypto Coins appeared first on Cryptonews
KPMG Survey Shows Germany Warming Up to Crypto Again
10.4.2024
Investors in Germany are regaining optimism and confidence in crypto following a challenging period for the market last year. Still, some reservations persist.
The post KPMG Survey Shows Germany Warming Up to Crypto Again appeared first on Cryptonews
Move Over Luigi, It’s The Year Of Shadow The Hedgehog
9.4.2024
For a little while now, Sonic the Hedgehog fans have known that 2024 is the year of the blue blur’s angsty rival, Shadow the Hedgehog. He’s getting his own story in the Sonic Generations remaster, he’s starring in the third live-action movie premiering in December, and he’s even getting his...
Former Ethereum Network Advisor Steven Nerayoff Files $9.6 Billion Lawsuit Against U.S. Government Over Cover-Up, False Charges
9.4.2024
Former advisor to the Ethereum network, Steven Nerayoff, is suing the U.S. government for $9.6 billion over personal damages caused by false charges brought against him and its alleged cover-up of federal agents’ failings in the case against him, a Tuesday morning court filing reveals. Tuesday's...
Base Chain Ecosystem Sees 3x Rise In TVL As This New Base Crypto Presale Raises $450,000
9.4.2024
Ethereum layer-2 scaling blockchain Base, that was launched by Coinbase last year, is enjoying explosive growth in its ecosystem, is enjoying explosive growth this year amid a building meme coin craze, with a new Base crypto presale called Dogeverse recently surging past $450,000 in funds...
Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year
9.4.2024
The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done