Crypto news

Tools for Humanity Corporation, Worldcoin’s parent company, has reached an agreement with the Spanish Agency for Data Protection (AEPD) to stop its operations until the end of 2024. The stoppage of operations comes due to growing concerns about its data storage and usage practices among regulators. Worldcoin faces rising friction from regulators due to its policies surrounding the use of personally identifiable information, like facial patterns and iris scans. It offers users the WLD token...

Keith Gill, more popularly known online as ‘Roaring Kitty’, returned to Reddit after a long-tenured absence to let users of the r/Superstonk subreddit know about their recent $115.7 million worth purchase of 5 million GameStop (GME) stocks. They are often attributed as the user that facilitated the GME short squeeze that sent GME stocks surging at a time when institutions were short-selling the stocks. This unforgettable phenomenon occurred during the COVID-19 pandemic on r/wallstreetbets and...

Polygon Labs has acquired Toposware, a Zero-Knowledge (ZK) startup, which has been working on its type 1 prover technology for some time now. The acquisition comes as Polygon Labs’ third one – it has acquired Mir Protocol and Hermez Network. It paid over $650 million in total for both those projects. With the Toposware acquisition, Polygon Labs’ investments in the ZK ecosystem go beyond the billion-dollar mark. The company has focused on delivering scalable technologies to improve the user...

[PRESS RELEASE – Abu Dhabi, UAE, June 4th, 2024] Solnarize is thrilled to announce that the presale of it’s $SRIZE tokens will commence on Friday, June 7th, 2024. This presale provides early participants the chance to engage with a project that combines innovative meme culture with the mission of promoting clean energy before listing on Raydium 48 hours after presale. Solnarize aims to innovate within the meme space by merging the viral appeal of meme culture with the vital...

Weidong Guan, who also goes by Bill Guan, was charged by the Department of Justice (DoJ) for participating in a scheme that laundered $67 million in illicitly obtained funds. The scheme depended on cryptocurrency and prepaid debit cards to funnel funds into Epoch Times’ bank accounts as well as Guan’s personal bank and crypto accounts. The Epoch Times is a global media platform catering to conservative audiences and is often known for bashing the Chinese government. However, the media outlet...

Despite the renewed hype surrounding meme coins, the OG Dogecoin’s price action has remained relatively dull. But whales appear to be bullish on the asset’s price trajectory as they continue to rake in tokens. According to crypto analyst Ali Martinez, large holders or whales have been actively accumulating Dogecoin over the past five days. Martinez stated that such entities have added a staggering 200 million DOGE to their holdings, signaling a significant accumulation phase...

TL;DR Despite Dogecoin’s recent decline to around $0.15, numerous analysts foresee a significant price increase, with one predicting a 7x rise to over $1. Ali Martinez notes a key resistance at $0.166-$0.171, suggesting a potential rise to $0.32 if overcome. DOGE Bull Run in the Making? The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – experienced a significant resurgence in March this year, with its price spiking to $0.22. Since then, though, it...

The supply of bitcoin held by miners has dwindled to levels not seen in over 14 years. This massive decline in miner reserves comes at a time when the broader cryptocurrency market is witnessing a surge in institutional interest and growing mainstream adoption. Bitcoin Miner Reserves Hit 14-Year Low According to on-chain analysis firm CryptoQuant’s latest analysis, the last time miner reserves were this low, bitcoin was still in its infancy. Bitcoin creator Satoshi Nakamoto...

[PRESS RELEASE – Tallinn, Estonia, June 4th, 2024] SwissBorg, a leading European cryptocurrency investment platform, is proud to announce its full compliance with the Financial Conduct Authority’s (FCA) stringent rules on financial promotions in the UK. One of a few cryptocurrency platforms to ensure such compliance in the UK, SwissBorg ensures that UK users are equipped with the necessary knowledge and skills to navigate the world of cryptocurrency investments. SwissBorg has...

TL;DR Polkadot Blockchain Academy launched its fifth cohort in Singapore to nurture developer talent with 184 lecture hours and 18 experienced instructors. Polkadot recently introduced Asynchronous Backing for better block validation and partnered with Founder Institute for a Web3 cohort. Despite those advancements, DOT’s price remains steady at around $7, with mixed future predictions. The Latest Update According to a document shared with CryptoPotato, Polkadot Blockchain...