Author: Crypto News
Last updated: April 16, 2024 12:08 EDT | 2 min read As Ethereum’s price surges past $3,000 and BNB shows robust growth indicators, investors are closely watching these developments. Meanwhile, BlockDAG captures attention with its imminent presale, priced attractively at $0.006 in its upcoming Batch 10. This marks a significant milestone following a 500% growth since its inception. These insights offer a glimpse into why BlockDAG stands out as one of the best cryptocurrencies to buy in 2024, promising a blend of innovation and 30000x ROI potential for savvy investors. Ethereum’s Market Position and Recovery EffortsEthereum, a longstanding leader in the…
Gibraltar, GI, April 16th, 2024 – Aurora Labs announces the launch of the Forwarder, a new platform that connects centralized exchanges (CEXs) such as Binance, Coinbase, Bitfinex, KuCoin and more, to the Aurora Mainnet and other virtual blockchains. This development tackles the key issue of network fragmentation, which has historically limited the movement of assets across the blockchain ecosystem.Centralized exchanges (CEXs) play a pivotal role in the cryptocurrency ecosystem due to their user-friendly interfaces and strong security. However, as the crypto market expands, CEXs are finding it increasingly difficult to strike a balance between maintaining secure, regulated environments and providing…
Last updated: April 16, 2024 08:08 EDT | 3 min read The Shiba Inu price has dived by 8% today, with its price dropping to $0.0000216 as the broader crypto market lost 4.5% in the past 24 hours.SHIB has now fallen by 24% in a week and by 16% in the last 30 days, with the meme token holding onto an 85% gain in a year.Its declines come at a time when the meme token segment of the market has seen its first major decline in cap since March, with the likes of SHIB and Dogecoin bearing the brunt of…
Last updated: April 16, 2024 07:23 EDT | 3 min read Bitcoin Depot, the largest Bitcoin ATM operator in the United States, has reported robust revenues despite the highly volatile nature of cryptocurrency prices.In its recently filed 10-K annual report on April 15, the company revealed that its revenues in 2023 and 2022 amounted to $689 million and $647 million, respectively, showing no significant correlation with Bitcoin’s price fluctuations.Bitcoin Depot Reports Resilient Revenue Amid Bitcoin Price VolatilityDespite cryptocurrency prices’ rollercoaster ride, Bitcoin Depot has weathered the storm with no significant impact on its revenues. Even during extreme volatility in Bitcoin…
Last updated: April 16, 2024 06:37 EDT | 2 min read Tether has partnered with digital assets infrastructure provider Fuze to enhance education and awareness surrounding digital assets in Turkey and the Middle East.According to an official press release, the duo have signed a Memorandum of Understanding (MoU), which is a cooperative agreement between two parties that can include general terms and goals but is not legally binding.Per the announcement, the two companies aim to address various aspects of education within the digital asset realm, including cross-border payment solutions, compliance, regulatory framework development, and education for local financial institutions.Tether’s Initiative to…
Last updated: April 16, 2024 06:22 EDT | 3 min read DOGE has fallen by 6% in the past 24 hours, with the Dogecoin price dropping to $0.1559 as the cryptocurrency market as a whole suffers a 5% loss today.This move puts DOGE down by 21% in a week, although the popular meme coin holds onto a 10% gain in the last 30 days and a 72% increase in a year.Its dip today also follows a brief surge yesterday, when Elon Musk posted the latest in a long line of pro-Dogecoin tweets, boosting the coin’s volume.And while the wider market…
The Mollars ICO is nearing its final days. The initial coin offering will end in just under 30 days [1 month]. Most impressive in this last stage, the token presale has been highly successful with a majority 61% share of the ICO token supply now sold out.The total amount of funds raised in the Mollars presale is over $1,000,000. Few ICOs reach well beyond the million dollars milestone without inflating numbers; this initial coin offering total however is 100% organic. Developer(s) of this new store of value token for Ethereum blockchain shared the wallet addresses (ETH,USDT) for this presale in its…
Zug, Switzerland – April 16,2024 – Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbit and using Gelato’s Rollup-as-a-Service (RaaS), Anomaly’s new Layer-3 is set to redefine the gaming industry empowering developers to create immersive decentralized gaming experiences with unprecedented speed leveraging AI-enabled Game Engine, while completely abstracting away blockchain complexities.Anomaly streamlines blockchain gaming UX with Account Abstraction enabling user onboarding via social platforms and leveraging SocialFi for game monetization. At the core of the new gaming, Layer-3 sits the Anomaly SDK,…
Last updated: April 16, 2024 03:52 EDT | 1 min read OKX has officially launched the X Layer public mainnet in partnership with Polygon.According to a recent announcement by the crypto exchange OKX, the X Layer network is designed to make Ethereum-based transactions faster and more cost-effective for the company’s 50 million users.OKX Introduces Platform for Cross-Chain LiquidityThe Layer-2 (L2) network uses Zero Knowledge (ZK) for security and is built using the Polygon Chain Development Kit (CDK). The platform facilitates shared state and liquidity across various chains through the AggLayer. Hiya creators, builders, founders 👩💻👨💻 🚨 We’re opening X Layer…
Last updated: April 16, 2024 03:37 EDT | 2 min read US prosecutors have charged a man with wire fraud and money laundering in connection with a large-scale illegal ‘cryptojacking’ operation. Charles O. Parks III, also known as “CP3O,” allegedly defrauded two cloud computing providers, resulting in losses of $3.5 million, while using their resources to mine cryptocurrencies worth approximately $970,000, including Ether, Litecoin, and Monero, according to an official press release. If convicted, Parks could face a maximum sentence of 50 years in prison.Parks to Appear Before Court on Tuesday for CryptojackingThe Brooklyn U.S. Attorney’s Office initiated the charges against Parks, who…