Blockchain

[PRESS RELEASE – London, UK, February 14th, 2024] Layer1 blockchain BlockDAG has announced that it has raised $1M in its ongoing presale and shared details of a $2M giveaway. The $1M total was raised in the first day of the presale, which has given the public their first opportunity to acquire BDAG tokens. BlockDAG is developing an advanced layer 1 blockchain. It utilizes a novel Proof-of-Work (PoW) algorithm that delivers high levels of network security and decentralization....

PlayDapp, a South Korean blockchain-based game development platform and non-fungible token (NFT) marketplace, has lost over $290 million in crypto from an exploit lasting four days. According to a tweet from the platform’s team, the smart contract of PlayDapp’s native token, PLA, has been paused, and preparations are ongoing to conduct a snapshot for migration. PlayDapp Hacked for $290M PlayDapp’s woes began on February 9 when an unauthorized wallet minted 200 million PLA...

Today presented some major movements in the crypto world. As Bitcoin saw a 4% increase in its price, the newly launched Smog (SMOG) token on the Solana blockchain has seen its price skyrocket over 50% in the past day to hit $0.044. This impressive rise has sparked speculation that it could be a tasty Solana-based meme coin to buy, ahead of previous success stories like Bonk (BONK) and dogwifhat (WIF). SMOG Price Soars Over 50% After Finding Its Footing SMOG token exploded...

CoinspeakerForbes Names Crypto Firms Chainalysis, Fireblocks, and Gauntlet among Top 50 Fintech Companies of 2024 Forbes' recognition of Chainalysis, Fireblocks, and Gauntlet underscores the growing significance of cryptocurrency and blockchain technology. Forbes Names Crypto Firms Chainalysis, Fireblocks, and Gauntlet among Top 50 Fintech Companies of 2024

The seventh day of the COPA v. Wright trial kicked off on Tuesday, exposing a glaring weakness in the latter’s argument to convince the court that he is the creator of Bitcoin. When pressed by prosecutors, Craig Wright failed to name a single person outside of the public domain to whom he had sent Bitcoin under the name of Satoshi. Who Did Satoshi Send Bitcoin To? As summarized by @bitnorbert on X, COPA asked the computer scientist to confirm whether he’d ever sent BTC to...

Ripple – the company behind the popular cryptocurrency XRP – has announced that it acquired an enterprise-grade regulated platform for digital assets called Standard Custody & Trust Company. According to the official announcement, the move is aimed at underscoring Ripple’s commitment to regulatory compliance. Speaking on the matter was Monica Long, Ripple President, who said: “Ripple and Standard Custody are dedicated to enabling enterprises to reap the benefits of...

As the broader crypto market turns bullish, Bonk has seen exceptional results, pumping 7% today and 29% this week. But with a market cap of over $800 million, traders are eagerly searching for the next Solana meme coin to surge. One promising contender is Smog, which soared 1,400% in its opening hours. Bonk Follows as Solana Gathers Momentum Bonk’s 29% uptick was enabled by SOL pushing ahead, recently flipping BNB to become the fourth largest cryptocurrency by market cap....

CoinspeakerUmoja Releases Beta of Its Crypto Hedging Solution At present, Umoja only supports CeFi-based hedging, but with v2 of its beta, it will turn its attention to DeFi. Umoja Releases Beta of Its Crypto Hedging Solution

CoinspeakerPolygon Labs Unveils AggLayer to Drive ZK Transition in L2s AggLayer strives to offer uniform security to connect modular and monolithic chains, including those within the Polygon ecosystem. Polygon Labs Unveils AggLayer to Drive ZK Transition in L2s

Coinspeaker“Divisible NFT” Newcomer DN404 Promises Improved Features Over ERC-404 At its core, DN404 aims to enable seamless fractionalized trading of NFTs. This means that portions of NFTs can be easily traded across different exchanges. “Divisible NFT” Newcomer DN404 Promises Improved Features Over ERC-404