Celestia’s TIA Token Pops 22% as Staking, ‘Modular’ Narrative Gains Favor

Staking TIA on native platforms is yielding between 15% to 17%, minus fees, to users, boosting demand for the cryptocurrency.

Celestia’s TIA Token Pops 22% as Staking, ‘Modular’ Narrative Gains Favor

Celestia’s TIA token gained over 22% in the past 24 hours, bucking the muted broader market trend, as investor interest in staking TIA gained momentum alongside rising hype for the blockch...

8 months ago

Ethereum suffered highest losses due to rug pulls and hacks, data shows

As per SlowMist’s latest research report, Ethereum experienced the highest losses, amounting to $487 million, followed by Polygon.

Ethereum suffered highest losses due to rug pulls and hacks, data shows

According to the SlowMist report, a total of 464 security incidents resulted in losses totaling almost $2.5 billion in 2023. The figure marks a 34.2% decrease in losses compared to 2022, wh...

8 months ago

Traders liquidate almost $700m amid Bitcoin’s precipitous decline

Against the falling Bitcoin (BTC) exchange rate, the daily liquidation volume on the crypto market approached $700 million.

Traders liquidate almost $700m amid Bitcoin’s precipitous decline

Traders liquidated $698 million worth of positions in the last 24 hours, according to Coinglass data. The majority came from BTC, $11.1 million, with the vast majority coming from shor...

8 months ago

Michael Saylor begins selling $216M in MicroStrategy stocks for more Bitcoin

Saylor previously said the move would allow him to address his “personal obligations” and, of course, buy more Bitcoin.

Michael Saylor begins selling $216M in MicroStrategy stocks for more Bitcoin

MicroStrategy executive chairman Michael Saylor has begun a four-month process of selling $216 million worth of his shares in his firm MicroStrategy, previously stating part of it would be used ...

8 months ago

Bitcoin mining firm CleanSpark to launch in-house crypto trading

CleanSpark, the third-largest public Bitcoin mining firm in the U.S., is set to establish its own trading desk in 2024, aiming to optimize the profitability of its substantial Bitcoin assets.

Bitcoin mining firm CleanSpark to launch in-house crypto trading

In an interview with Bloomberg, Zachary Bradford, the CEO of CleanSpark, expressed the strategic decision to manage their Bitcoin transactions internally. Given their considerable Bitcoin h...

8 months ago

JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation

Jamie Dimon's bank agreed to play a key role with BlackRock's proposed bitcoin ETF, just weeks after he told U.S. senators: "I've always been deeply opposed to crypto, bitcoin, etc."

JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation

JPMorgan Chase CEO Jamie Dimon has dumped on cryptocurrencies for years. "I've always been deeply opposed to crypto, bitcoin, etc.," he said during a U.S. Senat...

8 months ago

Tellor (TRB) skyrockets to all-time highs amid calculated actions by the Whales

TRB’s interesting dynamics

Tellor (TRB) skyrockets to all-time highs amid calculated actions by the Whales

In a significant development in the crypto industry, Tellor (TRB) has surged to an all-time high price of above $240. Meanwhile, the strategic investments by whales continue to draw intense scru...

8 months ago

Ripple Partner SBI Launches Joint Venture SBI XDC Network APAC with TradeFinex

SBI Holdings, a prominent Japanese financial services firm and partner of Ripple, has revealed a partnership with TradeFinex, a company based in the UAE specializing in the XDC Network.

Ripple Partner SBI Launches Joint Venture SBI XDC Network APAC with TradeFinex

Together, they’ve established SBI XDC Network APAC Co., a collaborative initiative with the goal of advancing the utilization of XDC Network’s blockchain technology across ...

8 months ago

FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin

FTX Trading Ltd. affiliated debtors have submitted a motion for the entry of an order estimating the value of claims related to digital assets and fiat currency, including customer entitlement claims.

FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin

In a filing made on December 27 in the United States Bankruptcy Court for the District of Delaware, the FTX debtors proposed estimating the value of various digital assets based on the...

8 months ago

Vitalik Buterin proposes to make Ethereum PoS ‘lighter and simpler’

The Ethereum co-founder suggested reducing validator signatures to lighten the load and make predicting future loads more accurate.

Vitalik Buterin proposes to make Ethereum PoS ‘lighter and simpler’

Ethereum co-founder Vitalik Buterin has proposed a way to reduce the load on the Ethereum blockchain and make its proof-of-stake (PoS) consensus “considerably simpler and lighter.”

8 months ago

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