Crypto news

With the fourth halving event scheduled for April this year, speculation about Bitcoin’s future trajectory is rampant. One notable voice in this conversation is Charles Edwards, the founder of hedge fund Capriole Investments, who has made a striking prediction – if Bitcoin’s post-halving returns mimic those of 2020, the market could be witnessing a staggering $280,000 valuation within the next year. 2020: “Worst Bitcoin Bull Market” Matching the exceptional performance seen...

[PRESS RELEASE – London, United Kingdom, February 5th, 2024] Reunit Wallet, an omnichain wallet built on technology developed by LayerZero & Stargate Finance, is launching a volume-based reward program. In an effort to stimulate trading activity on its integrated platform and attract new users, Reunit Wallet is implementing a reward system for traders. Starting now, for every $100 in generated volume, users will receive 1 REUNI. Additionally, if a referral code is used, a...

[PRESS RELEASE – Panama City, Panama, February 5th, 2024] The Taraxa Protocol Foundation has launched a $10 million Grant Program to drive growth in Taraxa’s unique EVM-compatible blockDAG Layer-1 ecosystem, after an overwhelmingly successful on-chain governance approval. The Taraxa Grant Program is open to any individual, team, and organizations of any type. Funds will be granted specifically for technical development with an emphasis on driving usage and growth within the...

Genesis Global Capital has formally requested authorization from the U.S. Bankruptcy Court for the Southern District of New York to proceed with an extensive sale of its holdings. The crypto lender, currently undergoing bankruptcy proceedings, submitted the new motion seeking approval to sell trust assets valued at approximately $1.6 billion. Genesis Seeks Court Approval for Liquidation As per a court filing on February 2, the trust assets comprise approximately $1.4 billion...

[unable to retrieve full-text content]CoinspeakerTrust Wallet Makes History as First Web3 Company to Secure Global Privacy Certifications  Trust Wallet said it was fully audited by A-LIGN, a technology-enabled security and compliance partner trusted by over 4,000 global organizations. Trust Wallet Makes History as First Web3 Company to Secure Global Privacy Certifications 

[unable to retrieve full-text content]CoinspeakerFarcaster Protocol Clocks 400% Surge in Daily Active Users amid Frames Launch Frames enable users to execute actions like NFT minting, token claiming, transactions, reading blogs, and answering surveys seamlessly, eliminating the need to sign transactions or leave the Warpcast app. Farcaster Protocol Clocks 400% Surge in Daily Active Users amid Frames Launch

Argo Blockchain PLC, a London-based cryptocurrency miner, announced on Monday a drop in Bitcoin production for January, resulting in a 7.81% decline in its shares. The company attributed the decrease in mining output to a 20% decline in daily production compared to December, primarily driven by a 16% drop in Bitcoin-denominated hashprice. Argo Blockchain Shares Dip According to the London Stock Exchange, Argo Blockchain’s shares are down by 7.81% to 14.75 pence each in London...

[PRESS RELEASE – Grand Cayman, Cayman Islands, February 5th, 2024] After Sui’s TVL surged more than 1500% over the last five months of 2023, its TVL has more than doubled since the start of 2024 Sui, one of the fastest-growing Layer 1 blockchains, continued its impressive DeFi growth, surpassing $500M in Total Value Locked (TVL) and solidifying itself in the top 10 of DeFi ecosystems. Alongside this torrid ascent of TVL, on-chain activity has exploded as well. Weekly DeFi...

[unable to retrieve full-text content]CoinspeakerSouth Korean Regulators to Consult SEC on Bitcoin ETFs The meeting with the SEC is now another step in South Korea's journey of developing its local crypto economy. South Korean Regulators to Consult SEC on Bitcoin ETFs

[unable to retrieve full-text content]CoinspeakerTrump Calls for Action on ‘Dangerous and Scary’ AI Following Increase in Deepfake Usage The ex-president’s words echo sentiments shared by players in both the technology and political spheres about the potential use of AI to create visual and audio media meant to mislead the public, especially before the upcoming elections.  Trump Calls for Action on ‘Dangerous and Scary’ AI Following Increase in Deepfake Usage