Author: Crypto News

Last updated: April 26, 2024 12:41 EDT | 1 min read As Shiba Inu focuses on developing a new privacy-centric blockchain and Dogecoin enjoys a resurgence in price, BlockDAG is rapidly advancing in the cryptocurrency market with $20.7 million in presale. With its recent price increase to $0.006 and expert predictions of reaching $30 by 2030, BlockDAG leverages advanced Directed Acyclic Graph (DAG) technology and is poised to set a new standard in the crypto space.Shiba Inu’s Ambitious Blockchain Project and Funding SuccessShiba Inu has successfully raised $12 million to fund the development of its upcoming Shibarium blockchain, which aims…

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Last updated: April 26, 2024 12:35 EDT | 3 min read Webtoons are highly popular. They are coming to the meme coin market with SoraMala ($SORAMALA). A meme coin that is not a dog, cat, frog, or monkey? That’s true. SoraMala boldly ventures into uncharted meme coin territory in tribute to Sora AI. As expected, it is becoming a viral sensation. Here is Why SoraMala is the first ever Webtoon AI meme coin.The Ethereum-based meme coin features Webtoon-inspired memes as part of building its community. Rather than focusing on quick gains, it is channeling its efforts toward nurturing a loyal community of diamond…

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Last updated: April 26, 2024 11:59 EDT | 2 min read A depiction of the Ethereum blockchain meant to symbolize CryptoPunks’ latest sale of CryptoPunk 635. NFT art collection CryptoPunks has sold another record-breaking piece entitled CryptoPunk 635 on the Ethereum blockchain for $12.38 Million ETH, the collection announced Thursday in a statement to X.Alien CryptoPunk NFT Sees Record Price In Latest Groundbreaking SaleAs one of only nine alien punks, CryptoPunk 635 is an ultra-rare entity. It was sold as the fourth highest-value piece in the entire collection.According to Thursday’s statement, the piece was previously owned by CryptoPunk’s parent company,…

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Last updated: April 26, 2024 11:21 EDT | 3 min read The Fidelity Wise Origin Bitcoin (FBTC) ETF, a key player in the spot Bitcoin exchange-traded fund (ETF) market, experienced a significant setback on Thursday, with a first day of net outflows since launch. It recorded a noteworthy outflow of nearly $23 million, marking a significant event in the cryptocurrency market.This outflow trend, the first of its kind since its introduction in January, had a ripple effect beyond Fidelity Bitcoin ETF. It impacted other prominent funds in the cryptocurrency market, painting a broader picture of the market’s current state.On the…

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Last updated: April 26, 2024 11:10 EDT | 2 min read New powers that will make it easier for UK law enforcement agencies to seize crypto come into effect on Friday.This comes after the UK Parliament passed new legislation last year, dubbed the ‘Economic Crime and Corporate Transparency Act.’ This Act expanded the authority of local law enforcement and laid the foundations for crypto to be seized more quickly.What Is The ‘Economic Crime and Corporate Transparency Act’?The bill is now taking effect with new powers being implemented on Friday, the UK Home Office said in a press release. UK Law…

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Last updated: April 26, 2024 10:59 EDT | 2 min read A concerted effort to crack down on the use of cryptocurrencies in the buying and selling of child sexual abuse material (CSAM) is underway in the United States, spearheaded by Senators Elizabeth Warren and Bill Cassidy.The senators are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse-related materials.Senators Urge DOJ and DHS to Combat Use of Cryptocurrency in Child Sexual Abuse Material TransactionsUS Senators Elizabeth Warren and Bill Cassidy are urging the Department of Justice and the Department of Homeland Security…

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Last updated: April 26, 2024 10:56 EDT | 3 min read There are just under three days left of Slothana’s presale. Thursday, April 25, 2024 – Just under three days remain for investors to buy into Solana’s sensational new 420-themed meme coin project Slothana ($SLOTH). The token has raised an eye-popping $15 million dollars in a month-long presale that’s due to end on April 29, according to a timer on the website. At the beginning of last week, Slothana had raised over $10 million. By the start of this week, a further $5 million dollars flooded into the project. The recent gains appear…

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Last updated: April 26, 2024 10:52 EDT | 2 min read Online casino Mega Dice has launched $DICE. Thursday, April 25, 2024 – A presale for Solana’s hottest new GambleFi token, Mega Dice ($DICE), kicked off last Wednesday, quickly netting over $500,000 dollars in the first seven days, according to the token’s website.Mega Dice is already a well-established name in GambleFi. It launched last year as the world’s first licensed crypto casino accessible through the popular messaging app Telegram and has since attracted 50,000 players.Others have since followed suit and launched iGaming bots on Telegram, most notably TG Casino.Mega Dice’s…

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Last updated: April 26, 2024 08:46 EDT | 1 min read SPACEX is the newest token launch from a devoted Elon Musk enthusiast and developer known behind the @Elon_Meme_Token X handle.Recently, the same developer also successfully introduced multi-chain versions for both the ELON and TESSLA tokens. $ELON $TESSLA $SPACEX ready to colonize MARS🚀🚀#multichain #CosmosEcosystem #LUNC #INJ #STARS #OSMOSIS #BNB #Polygon #Solana #MemeToken pic.twitter.com/a4mNjkmasN — Elon Meme ⚛️ (@Elon_meme_token) April 26, 2024This article explores how SPACEX’s price hammered moon-shot gains and uncovers the next big meme coin set to skyrocket in the macro summer.SPACEX Price Analysis: Is New Space X Themed, Elon Musk…

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Last updated: April 26, 2024 08:25 EDT | 2 min read Yao Qian, the influential figure behind China’s central bank digital currency (CBDC) project, is currently under investigation for suspected “violations of discipline and law.”Qian played a pivotal role in leading the research effort at the People’s Bank of China (PBOC) to develop and issue a digital yuan, according to a report by state-owned news outlet Shanghai Securities News.However, he left the central bank in 2018 and has since been working at the China Securities Regulatory Commission.“Yao Qian, Director of the Science and Technology Supervision Department and Director of the Information…

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