Finance
The volatile world of digital assets has seen its fair share of ups and downs, and the latest victim of this unpredictability is none other than pop sensation Justin Bieber. A recent report from Arkham Intelligence has revealed that Bieber’s investment in non-fungible tokens (NFTs) has faced a significant
Finance
LayerZero, a pioneering team in the development of cross-chain compatibility protocols, has announced a Token Generation Event (TGE) scheduled for the first half of 2024. The announcement promises the distribution of ZRO tokens, which are set to play a central role in the protocol's ecosystem. The CEO of
Finance
The Securities and Exchange Commission (SEC) has formally requested that Terraform Labs and its co-founder, Do Kwon, pay a staggering $5.2 billion. This demand follows a legal finding of fraud against them, as the fallout from the collapse of the Terra ecosystem continues to unravel. On April 5, 2024,
IT
As the next Bitcoin halving approaches, a report from CoinShares indicates that many miners might switch their focus from cryptocurrency to the burgeoning field of Artificial Intelligence (AI) due to escalating operational expenses. The halving event, expected to significantly increase the cost of mining a single Bitcoin, could drive miners
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In a recent expose, independent on-chain analyst ZachXBT has brought to light concerning trends within the Solana ecosystem, revealing that a significant portion of token presales has ended in scams and halted projects, putting investors' money at risk. According to ZachXBT, more than 40% of the projects ceased further
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During a recent discussion, a spokesperson from Grayscale's investment team, David LaValle, confidently expressed his belief that exchange-traded funds (ETFs) based on cryptocurrencies other than Bitcoin and Ethereum are likely to be approved within the next two to three years. This statement was reported by The Block and
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The cryptocurrency exchange OKX has recently seen the departure of two of its top executives, as reported by CoinDesk. Tim Byun, the head of government relations, and Wei Lan, the head of product, have both left the company. The specific reasons behind their resignations remain undisclosed. Tim Byun has a
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The queue for deploying a node on the Ethereum network has reached a significant duration of 12 days and 4 hours. Currently, there are 21,865 nodes waiting to connect, marking a new peak since September 2023. This surge in validator interest has been on the rise since the end
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Bitcoin mining operations could be preparing to sell off approximately $5 billion worth of Bitcoin following the upcoming halving event, according to Marcus Tilen, an analyst at 10x Research. The cryptocurrency market may face significant challenges during what Tilen refers to as the "six-month summer lull," a period
Finance
As the next Bitcoin halving approaches, projected to occur on April 20, 2024, miners face the potential of significant financial losses, with expert analysis forecasting a staggering $10 billion hit to the industry within the year following the event. This critical point in Bitcoin’s lifecycle will slash the reward
Finance
In a recent statement, Jan van Eck, CEO of investment firm VanEck, has highlighted that a staggering 90% of the capital inflows into their spot Bitcoin ETFs have been sourced from retail investors. This detail emerged during his interview at the Paris Blockchain Week, where van Eck shared insights into
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In a revealing study published by Blockaid, approximately 50% of presales within the Solana ecosystem, spanning from November 2023 through February 2024, have been identified as fraudulent. This information, shedding light on the darker underbelly of the blockchain world, comes amidst an exponential increase in the number of tokens and