Crypto news

TL;DR Shiba Inu’s burn rate spiked drastically, significantly reducing its circulating supply. The development aligns with SHIB’s recent price increase amid a general upswing in the cryptocurrency market. The popular meme coin Shiba Inu witnessed a burn rate spike of 1,400% for the past 24 hours, resulting in more than 60 million tokens being removed from circulation. Since the beginning of the year, the number of destroyed assets has surpassed the 9 billion mark. Shiba Inu...

[unable to retrieve full-text content]CoinspeakerVisa Partners Transak to Simplify Crypto-to-Cash Transactions in 145 Countries Users can swap the digital assets directly from their self-custodial wallets, such as MetaMask, onto their Visa debit cards.  Visa Partners Transak to Simplify Crypto-to-Cash Transactions in 145 Countries

[unable to retrieve full-text content]CoinspeakerUncorrelated Ventures Secures $315M Funding to Fuel Innovation Uncorrelated Ventures will dedicate 80% of the fund to early-stage startups in traditional infrastructure software. Uncorrelated Ventures Secures $315M Funding to Fuel Innovation

[unable to retrieve full-text content]CoinspeakerUS Bitcoin ETFs Attract $255 Million in Investments While Grayscale's GBTC saw outflows running in millions on Monday, companies like BlackRock and Fidelity received a combined net inflow of $406 million on the same day. US Bitcoin ETFs Attract $255 Million in Investments

[unable to retrieve full-text content]CoinspeakerNuant Partners with Aisot to Revolutionize AI-Powered Portfolio Management The partnership between Nuant and Aisot is positioned to set new industry benchmarks in digital asset risk management, solidifying Nuant's position as a leader in advanced financial services within the digital asset realm. Nuant Partners with Aisot to Revolutionize AI-Powered Portfolio Management

[unable to retrieve full-text content]CoinspeakerDecentralized Bitcoin Exchange Portal Secures $34M in Seed Funding Portal aims to use the fresh funding to debut its products on the mainnet and foster the expansion of its ecosystem. The Bitcoin-based DEX distinguishes itself by not holding user funds in any capacity, whether through single or multiple signatures. Decentralized Bitcoin Exchange Portal Secures $34M in Seed Funding

[unable to retrieve full-text content]CoinspeakerInvesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors This fee war started before spot Bitcoin ETFs were approved, with issuers lowering their costs even then. Invesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors

[unable to retrieve full-text content]CoinspeakerWeb3 Social Game Forgotten Playland Completes $7M in Seed Round With several products in the pipeline, the Forgotten Playland team is confident the ecosystem will grow exponentially in the coming years. Web3 Social Game Forgotten Playland Completes $7M in Seed Round

[unable to retrieve full-text content]CoinspeakerSEC Slams HyperVerse Founders for Crypto Fraud and Raising $2B in Ponzi Scheme As per the SEC, Chunga individually accumulated approximately $3.7 million from investors' funds, spending it on personal luxuries like a BMW, designer clothing, and a $1.2 million residence in Maryland. SEC Slams HyperVerse Founders for Crypto Fraud and Raising $2B in Ponzi Scheme

[unable to retrieve full-text content]CoinspeakerBinance Officially Allows Large Customers to Keep Assets with Independent Custodians Eligible Binance customers can now use independent custodians to keep their assets instead of holding them on the Binance exchange. Binance Officially Allows Large Customers to Keep Assets with Independent Custodians