Crypto news

On April 11, Chainlink announced Transporter, which it described as “the next evolution in cross-chain bridging.” The app is powered by Chainlink’s Cross Chain Interoperability Protocol (CCIP), which allows smart contracts to securely access data from external systems and enable trustless data connectivity between blockchains. “Having a secure way to move both value and data across chains is something the blockchain industry has needed for years,” commented Chainlink...

Pac Finance, a lending app on Blast, has had its users report a $24 million liquidation on April 11 due to a sudden change in parameters by the developer wallet. Mass liquidations are common for leveraged traders who borrow crypto, but they often occur due to fluctuations in the market, not protocol parameter changes. Pac Finance LTV Change Leads to Liquidation Pac Finance is a platform where crypto holders can earn interest by lending their assets. The app implements a...

The total crypto market saw a massive correction on Friday evening, with more than $200 billion leaving the space within hours. The liquidations have shot up to nearly $1 billion on a daily scale, but some of the most notable losers come from the ever-volatile meme coin niche. CryptoPotato already reported the big Bitcoin retracement that took the primary cryptocurrency from around $71,000 earlier today to a weekly low of $65,000 within minutes. However, that’s just a part...

Bitcoin’s price failed to overcome the $71,000 level decisively today, and the subsequent rejection pushed the asset south hard, dumping to around $65,000. The altcoins have suffered even more, with numerous double-digit losses from the likes of XRP, SOL, DOGE, TON, ADA, and many more. BTCUSD. Source: TradingViewCryptoPotato reported earlier BTC’s attempts to overcome $71,000, which had little success. The bears managed to intercept the moves and pushed the cryptocurrency...

Terraform Labs co-founder Do Kwon has faced a new legal setback after Montenegro’s Supreme Court once again approved the extradition. With this decision, the previous extradition ruling by the High Court has been reversed, thereby resetting the whole process. The final decision now rests in the hands of the Minister of Justice, Andrej Milovic, who had previously expressed willingness towards extradition to the US. Do Kwon’s Extradition According to a local report, the court...

[PRESS RELEASE – BUCHAREST, ROMANIA, April 12th, 2024] As the crypto community eagerly awaits the Bitcoin Halving event, BitDelta is celebrating with a huge giveaway. Campaign Period: 6th April 2024, 09:00 UTC – 20th April 2024, 23:59 UTC Participants have the chance to win a share of USD 100,000 by just following these steps: ●     Download the BitDelta App or Visit bitdelta.com ●     Sign up on the platform using this link ●     Fill in the profile information ●     Make at...

A CryptoQuant analyst has revealed that Bitcoin (BTC) still faces the risk of a deeper price correction even as the halving event draws near. According to a Quicktake by Gaah on the on-chain analysis platform, the crypto market is still hot as it is in a dangerous price region for leveraged traders. Significant pressure could trigger a correction that would break bitcoin’s current price structure. BTC Faces Correction Risk At the time of writing, open interest for Bitcoin...

[PRESS RELEASE – New York, United States, April 12th, 2024] Amid a crowded crypto scene, a new player has emerged: GATO, or Global Adventurer Travel Orb. This digital orb aims to blend travel, and gaming, with the security and transparency of blockchain technology, drawing attention from the crypto community worldwide. GATO according to the team, is an innovative integration of artificial intelligence technology, that customizes travel and gaming experiences for each user,...

February 16, 2016:  bluestonemining are pioneering a transformative approach to the digital asset industry, democratizing the cryptocurrency mining space by introducing revolutionary cloud mining solutions. This groundbreaking development aims to make the process of mining digital currencies accessible to a wider audience by simplifying and removing human involvement. Founded in 2016, bluestonemining is a licensed cryptocurrency cloud mining platform that has made...

BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has crossed the $15 billion mark in total inflows, a new high since it began trading on January 11. However, the overall daily inflows for spot Bitcoin ETFs have been decelerating since their peak on March 12, when they were $1.05 billion. BlackRock’s IBIT Daily Inflows Surge BlackRock’s IBIT recorded its largest single daily inflow since April 5, totaling $192.1 million, pushing its total inflows to $15.1 billion,...