Ripple Co-Founder Chris Larsen’s $1 Million Donation to Kamala Harris PAC Raises Concerns in Crypto Community
In a move that has sparked significant debate within the cryptocurrency community, Chris Larsen, co-founder of Ripple, has donated $1 million worth of XRP to a Political Action Committee (PAC) supporting U.S. Vice President Kamala Harris’s…
GraFun: The New Memecoin Launchpad on BNB Chain
The world of cryptocurrency is abuzz with the launch of GraFun, a new memecoin launchpad and trading platform on the BNB Chain. According to a Business Insider report, GraFun is scheduled to launch today at 11 am UTC and is expected to…
Gold-Backed Cryptos: A Bridge Between TradFi and Innovation
Gold has long been a symbol of stability, wealth, and timeless value. Cryptocurrencies, on the other hand, represent the cutting edge of financial technology. What if we could combine the best of both worlds? Enter gold-backed cryptocurrencies—a subset…
Tether Reports Record-Breaking $1.3 Billion Net Profit for Q2 2024
Tether Holdings Limited, the issuer of the world’s largest stablecoin, has announced a net profit of $1.3 billion for the second quarter of 2024. This milestone marks Tether’s highest quarterly profit to date, contributing to a record-breaking $5.2…
Spot Ethereum ETFs Aim to Capture 10-20% of Bitcoin ETF Flows
Spot Ethereum ETFs have recently gained regulatory approval, marking a significant milestone in the cryptocurrency market. These investment vehicles directly hold ether (ETH), the native cryptocurrency of the Ethereum blockchain. In this article, we…
Hacker gives back phishing victim’s crypto valued at $71 million
This was nearly the case for a crypto whale who, on May 3, 2024, fell victim to a sophisticated phishing attack, resulting in the loss of 1,155 Wrapped Bitcoin (WBTC), valued at a staggering $71 million. The incident serves as a stark reminder of the…
Franklin Templeton acknowledges Base Network in Success with Friend.Tech
Franklin Templeton, a powerhouse asset manager overseeing trillions in assets, has recently turned its attention to the burgeoning field of Social Finance (SocialFi). In a groundbreaking report, Franklin Templeton highlights Base, an Ethereum…
Rare Satoshi from Fourth Bitcoin Halving Block sold for Over $2 Million
An exceptionally rare satoshi, the smallest unit of Bitcoin, has recently been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. The sale took place on the cryptocurrency exchange CoinEx Global on April…
Bitcoin reaches above $926K daily transactions since halving
The cryptocurrency sphere is often characterized by its volatility and unpredictability, but certain events, like the Bitcoin halving, bring a level of anticipation and speculation that can lead to significant market movements. The 2024 Bitcoin halving…
Terra Founder Do Kwon Challenges Extradition Amid Legal Battle
Do Kwon, co-founder of Terraform Labs, finds himself entangled in a legal saga that spans continents. As the Montenegrin legal system grapples with his extradition, Kwon’s legal team has initiated a new appeal, raising concerns about the…