Crypto news

In an innovative scheme, cybercriminals have attacked a prominent newsletter distribution platform that caters to several crypto platforms, including exchanges and crypto analytics platforms. CoinGecko’s Co-Founder and COO, Bobby Ong, confirmed that there was indeed a breach within an undisclosed, third-party newsletter distributor’s platform. He said, “We at CoinGecko may be potentially affected and are actively working with our vendor to investigate further to determine the extent of this...

Since mid-March, there has been a notable trend of large bitcoin holders or “whales” stashing more tokens. The latest data suggest that a particular cohort of whale addresses now collectively own more than 40% of the total bitcoin supply. Whales Gobble Up Bitcoin Supply The accumulation of bitcoin by large holders or “whales” holding over 1,000 BTC has been a notable trend since mid-March. According to IntoTheBlock’s tweet, addresses with over 1,000 BTC now collectively own...

BTC ETFs observed the largest single-day inflows since March today, marking the second highest inflows into the US-approved products since they launched in January this year. An estimated $880 million flowed into the ETFs, with Fidelity Investment’s FBTC ETF alone registering $378 million in inflows. Simultaneously, BTC’s price surged past the $71,000 mark for the first time in about two weeks and fluctuated over $71,500. While the asset’s price has set records this year, the past two months...

Bitpanda, one of the leading European crypto trading and brokerage platforms has announced that it has deepened its relationship with Deutsche Bank. The latest development allows the Austrian crypto platform to offer a better experience to its users, especially those in Germany. The relationship between Bitpanda and Deutsche Bank is not exactly new. Deutsche Bank has been acting as the former’s European Hausbank for cross-currency solutions in Austria and Spain for a while now. The latest...

Vitalik Buterin, the co-founder of the Ethereum network, has expressed his unhappiness about the celebrity meme coin experiments in this bull cycle. According to a tweet by the Canadian-Russian computer programmer, he would deem the meme coin projects more honorable and respectable if they had a public goal and were geared toward pushing specific causes in a better direction. Celebrity Meme Coin Craze Over the past few weeks, several celebrities, including Olympian and media...

[PRESS RELEASE – Singapore, Singapore, June 5th, 2024] Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem integration, improving the developer and user experience, and...

[PRESS RELEASE – Dubai, UAE, June 5th, 2024] LandRocker, the groundbreaking Play-to-Earn (P2E) gaming platform, has made a spectacular entry into the market, achieving remarkable milestones that have positioned it as a leader in the P2E gaming sector. The recent listing of LandRocker’s token (LRT) on MEXC and Uniswap has been met with overwhelming success, attracting significant attention from gamers and investors alike. Within the first 24 hours, LRT surged from its initial...

[PRESS RELEASE – Bali, Indonesia, June 5th, 2024] Mandala Chain: Real World Utility & Adoption, Starting in Indonesia Mandala Chain, a Polkadot parachain that seamlessly integrates government and enterprise applications with public and retail sectors, has released details on their initial partnerships and use cases. The inaugural use case, IDCHAIN, is in collaboration with the entity overseeing Indonesia’s top-level .id web domain. This initiative aims to introduce over...

With meme coins creating buzz all year, whales have doubled down on accumulating these tokens. One such whale has been massively accumulating Shiba Inu (SHIB) tokens, spending 4,849 ETH, worth around $18.44 million, to purchase a whopping 715.9 billion SHIB over the span of just six hours. This is an extraordinary buying spree, even for this particular investor, who has been incredibly successful with SHIB in the past. SHIB Accumulation Spree According to Lookonchain’s...

[PRESS RELEASE – Victoria, Seychelles, June 5th, 2024] Margex, a cryptocurrency trading platform, is excited to announce a $5 million airdrop of Bome (BOME) tokens. Margex is offering users the chance to earn a share of a $5 million Bome (BOME) memecoin airdrop. Users with the highest trading volumes between June 5 and June 17, 2024, will have the opportunity to win part of this $5 million Bome (BOME) airdrop. Bome (BOME), also known as Book of Meme, is a cryptocurrency...