Crypto news

OKX Ventures invests $5 million in TON Ventures to support blockchain growth, enhance developer networks, and drive mass blockchain adoption. OKX Ventures, the investment branch of OKX, has committed $5 million to TON Ventures. This fund is dedicated to boosting growth within The Open Network (TON) blockchain ecosystem. The move aims to build a strong network of skilled developers to set technical standards for TON projects. This is a strategic direction in line with the OKX Ventures $10...

Nearly a year since United States-based spot Bitcoin exchange-traded funds (ETFs) were launched in January, the funds have experienced remarkable growth. Inflows into the 12 funds have surpassed 500,000 BTC. Spot Bitcoin ETFs Attract Over 500K BTC In an X post, Vetle Lunde, head of Research at the digital assets research firm K33, stated that spot bitcoin ETFs currently have 500,925 BTC in cumulative net inflows, worth over $50.5 billion at today’s price. Notably, BlackRock’s...

Riot’s $500 million sale aims to increase its Bitcoin holdings. The use of convertible debt to buy Bitcoin is becoming more prevalent in company planning. Major Bitcoin infrastructure company Riot Platforms made an announcement today on its offering of $500 million convertible senior notes. The deal is available to accredited institutional investors, with an add-on purchase option of up to $75 million in three days from the primary transaction. The company would utilize the proceeds for...

VERO Labs will launch a custom L1 blockchain on Avalanche to support creators, empower fan engagement, and unlock new revenue opportunities. VERO Labs, the social technology firm behind the ad-free social network VERO, has announced its plan to launch a custom Layer 1 (L1) blockchain on the Avalanche network. According to the press release, this development will be unveiled during Abu Dhabi Finance Week. It seeks to take advantage of the many-trillion-dollar fan-based asset economy. It also...

On December 11, privacy coins stole the spotlight as the market surged, led by notable gains across key tokens. Data collected from crypto price tracking websites revealed that Verge (XVG) rose by 37.4% across 24 hours, with Zcash (ZEC) and Monero (XMR) also posting significant gains, up 15.4% and 12.3%, respectively. Privacy Coin Resurgence The sector repeated the feat on December 12, with figures from CoinGecko indicating that privacy coins have increased 10.3% over the...

Ethereum has been oscillating within the critical $3.5K–$4K range, with its price recently finding support near the lower boundary at $3.5K. Following this rebound, the bulls are attempting a renewed push toward the $4K resistance level. Technical Analysis By Shayan The Daily Chart The upward momentum in Ethereum’s price met a pause at the $4K resistance, which has proven to be a key selling zone. This rejection led to a decline toward the lower boundary of the range at...

TL;DR Cardano’s price soared to as high as $1.17, with market cap surpassing $40 billion amid bullish network indicators. 73% of ADA investors are now in profit, a sharp recovery from August’s lows when the majority of the token’s holders were underwater. ADA Heads North The cryptocurrency market experienced a notable recovery in the past 24 hours, with multiple leading digital assets charting impressive gains. Bitcoin (BTC), for instance, jumped above $100,000 again, while...

[PRESS RELEASE – New York, New York, USA, December 12th, 2024] With $9.5M in total funding, Superform launches SuperUSDC to deliver optimized stablecoin yield with onchain simplicity. Superform Labs, the onchain wealth app to effortlessly grow your crypto portfolio, announced today it has raised $3 million in a strategic round led by VanEck Ventures with participation from Polychain Capital, CMT Digital, Amber Group, Node Ventures, BlockTower Capital, Heartcore Capital,...

Wiegen schwer in der Hand und sind defintiv ein Hingucker: Die Metall-Karten von Revolut BUSINESS. Revolut, die britische Finanz-App, hat sich als Vorreiter unter den digitalen Banken etabliert. Mit über 50 Millionen Nutzern weltweit und einer klaren Vision verfolgt das Unternehmen einen globalen Ansatz, der auf Einfachheit und Nutzerfreundlichkeit setzt. Ziel ist es, 100 Millionen Kunden zu erreichen und dabei weiter innovative Dienstleistungen zu...

A new wave of crypto scams has emerged, with attackers using fake X accounts to impersonate popular influencers and lure unsuspecting users into fraudulent Telegram groups. Users are then manipulated into installing malware that compromises crypto wallet data. Scammers Moving Beyond Simple Phishing Scams According to blockchain security firm Scam Sniffer, the scammers comment on legitimate posts, enticing users with offers of exclusive investment insights and “alpha” tips....