Crypto news

The Fantom Foundation reported that the Singapore High Court instructed Multichain to compensate it. Fantom plans to seek liquidation through the court to retrieve community assets, which include around $65 million in stablecoins that are currently frozen. Following the latest legal triumph, the platform anticipates the Singaporean court to designate a liquidator to evaluate the damages suffered due to Multichain’s security breach. Fantom Foundation Pushes for Multichain...

Bitcoin (BTC)’s meteoric rise over the past few months has many long-term holders starting to cash out their positions, on-chain data suggests. In a research newsletter published on Tuesday, Glassnode noted that long-term investors have already distributed 480,000 BTC since December 2023, from which time BTC has appreciated 45%. Bitcoin’s Distribution Phase According to lead Glassnode analyst James Check, roughly half of the old coins to started changing in the last three...

Every holder of OP, the native token of the Ethereum-based layer-2 scaling solution Optimism, is currently in profit following the asset’s surge past its all-time high. According to data shared by crypto market intelligence platform IntoTheBlock, over one million addresses holding OP, including wallets that acquired the token at $4.01, are currently in the money. The feat comes as OP surges past $4.50, crushing a high of $3.54 recorded in February. 100% of OP Holders in...

[unable to retrieve full-text content]CoinspeakerBitcoin Price Surpasses Its 2021 All-time High, Reaching Peak of $69,170 Bitcoin hits a new all-time high of $69,170 driven by US regulators' approval of ETFs and rising investor confidence. Analysts weigh in on Bitcoin's future amidst market euphoria. Bitcoin Price Surpasses Its 2021 All-time High, Reaching Peak of $69,170

Terraform Labs co-founder Do Kwon may not be leaving for the United States any time soon after the Appellate Court of Montenegro overturned a previous decision by a lower court to extradite the former crypto exec to the US. Do Kwon is facing fraud and other criminal charges in the United States following Terra’s collapse that caused investors billions of dollars in losses, while prosecutors in his native country, South Korea, are also seeking his extradition. On March 5,...

[PRESS RELEASE – Los Angeles, United States, March 5th, 2024] Sahara’s AI network empowers individuals and businesses to own, monetize, and scale proprietary knowledge through privacy-preserving and personalized Knowledge Agents. Sahara, a decentralized AI network that transforms how knowledge is owned, shared, and monetized globally, today announced its $6 Million seed funding round led by Polychain Capital with participation from Samsung Next, Matrix Partners, Motherson...

[PRESS RELEASE – Dubai, UAE, March 5th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest Layer 1 blockchain, today announced the launch for the second round of its TVL (Total Value Locked) Incentive Program for Web3 projects building on its DeFi hub, BNB Smart Chain (BSC). A prize pool of up to $160,000 USD will be on offer for the five projects with the highest incremental TVL increases within the event period. While the first...

[unable to retrieve full-text content]CoinspeakerBinance to Cease All Nigerian Naira Transactions This Week Despite regulatory challenges, Nigeria has emerged as one of the fastest-growing crypto economies globally. Binance to Cease All Nigerian Naira Transactions This Week

[unable to retrieve full-text content]CoinspeakerDeutsche Börse Launches DBDX, Secure Platform for Institutional Crypto Trading The launch of DBDX marks a milestone in Deutsche Börse's strategic vision to lead the digitalization of asset classes, as outlined in their "Horizon 2026" strategy. Deutsche Börse Launches DBDX, Secure Platform for Institutional Crypto Trading

[unable to retrieve full-text content]CoinspeakerBaanx Secures $20 Million to Drive Innovation in Crypto Payments Baanx plans to expand its footprint outside the UK market to the United States and Latin America later this year at an undisclosed date. Baanx Secures $20 Million to Drive Innovation in Crypto Payments