May crypto investments hit $1B driven by Notcoin launch — KuCoin

KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch.

May crypto investments hit $1B driven by Notcoin launch — KuCoin

KuCoin’s research arm published a report highlighting that the crypto space saw over $1 billion in investments in May, a slight decrease compared to the previous month.  On ...

3 months ago

Bitcoin whales scoop up $1.4B in 24 hours amid market correction

The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.

Bitcoin whales scoop up $1.4B in 24 hours amid market correction

Bitcoin whales took full advantage of the Bitcoin price slump on June 11, accumulating a combined 20,600 BTC worth $1.38 billion. According to blockchain analytics firm Crypt...

3 months ago

Dormant Bitcoin wallet moves $536M after over 5-year hiatus

The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin.

Dormant Bitcoin wallet moves $536M after over 5-year hiatus

A Bitcoin whale has transferred 8,000 Bitcoin (BTC) worth $536.5 million from a Coinbase cold storage wallet after five and a half years of dormancy. Bitcoin address “1...

3 months ago

Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar

Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.

Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar

The United States dollar is exhibiting strong performance in 2024, as is the market for digital assets tied to the currency. Ethena’s synthetic dollar, USDe, has a market capitalization of...

3 months ago

How Web3 is transforming global regulatory frameworks

At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators.

How Web3 is transforming global regulatory frameworks

The 2024 edition of the Proof of Talk conference filled the grand hallways of the Louvre Palace in Paris, France, with some of the biggest names and thought leaders in the Web3 space.  ...

3 months ago

Biconomy introduces AI agents for on-chain transactions

Biconomy’s Delegated Authorization Network (DAN) will serve as an authorization layer for autonomous on-chain transactions.

Biconomy introduces AI agents for on-chain transactions

Web3 infrastructure firm Biconomy is onboarding artificial intelligence (AI) agents to enable on-chain transactions on behalf of users.  The Delegated Authorization Network (DAN) ...

3 months ago

Indiana vows outage-free energy for crypto miners, data centers

Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.

Indiana vows outage-free energy for crypto miners, data centers

Indiana lawmakers have assured mega-corporations of “ample amounts” of low-cost power and water, hoping to attract and serve data centers and cryptocurrency mining operations in the ...

3 months ago

Binance reaches 200M users with $100B in assets under custody

The 200 million user mark represents over a third of all cryptocurrency holders worldwide.

Binance reaches 200M users with $100B in assets under custody

Binance, the largest cryptocurrency exchange in the world by daily volume, announced on June 8 it had reached 200 million global users.  No other exchange can boast nearly as many...

3 months ago

Weekend Wrap: Loopring $5M exploit, Bitcoin NFT weekly sales bump and more

An attacker exploited Loopring’s 2FA service and made off with over $5 million and the NFT market saw sales rise on the week led by Bitcoin Ordinals.

Weekend Wrap: Loopring $5M exploit, Bitcoin NFT weekly sales bump and more

Loopring suffers $5M hack via compromised 2FA Ethereum zero knowledge-rollup protocol Loopring said on Sunday that it suffered a $5 million security breach of its two-factor authenti...

3 months ago

GameStop rally sends Roaring Kitty’s shares to $1B

If GameStop opens at its current after-hours price, Roaring Kitty’s holdings would be worth around $1 billion.

GameStop rally sends Roaring Kitty’s shares to $1B

Keith Gill, a stock trader known for the GameStop short squeeze in 2021, is on his way to becoming a billionaire as GME shares continue to surge.  Gill, also known by his internet...

3 months ago

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