Memecoin developers rugpulled over $26m in pre-sales on Solana amid March’s craze

A recent estimate reveals that more than a dozen memecoin pre-sales on Solana have been abandoned soon after raising funds.

Memecoin developers rugpulled over $26m in pre-sales on Solana amid March’s craze

More than a dozen of the memecoin pre-sales on Solana, which collectively generated over $26 million over the past month, have been abandoned, suggesting a potentially larger scal...

4 months ago

10 days until halving: Bitcoin mining profitability won’t necessarily fall

The increasing Bitcoin network fees could complement miner revenue post-halving thanks to the emergence of Ordinals inscriptions and BTCFi, according to Acheron Trading’s CEO.

10 days until halving: Bitcoin mining profitability won’t necessarily fall

Bitcoin mining profitability won’t necessarily fall after the upcoming Bitcoin halving, despite a 50% Bitcoin supply issuance reduction, Laurent Benayoun, the CEO of Acheron Trading, ...

4 months ago

Man City and OKX release limited-edition jerseys tied to rare NFTs

A limited number of Manchester City’s “Unseen City Shirts” NFTs are algorithmically linked to physical, limited-edition jerseys featuring hand-painted artwork and matchday experiences.

Man City and OKX release limited-edition jerseys tied to rare NFTs

Premier League football club Manchester City is launching a new nonfungible token (NFT) collection that will allow fans to win a limited number of unique jerseys and matchday experiences. ...

4 months ago

RFK Jr. wants to put the entire US budget on a blockchain

Robert F. Kennedy Jr. is a big time Bitcoin and decentralized tech advocate who has promised to back the U.S. dollar with BTC if elected as president.

RFK Jr. wants to put the entire US budget on a blockchain

American presidential candidate Robert Francis Kennedy Jr., aka RFK Jr., wants to put the entire United States budget on a blockchain.  During a Michigan rally on April 21, he pro...

4 months ago

China Issues Warning to its Citizens in Angola Involved in Crypto Mining

China Crypto Miners Shift to Africa

China Issues Warning to its Citizens in Angola Involved in Crypto Mining

The Chinese Embassy in Angola has reminded its nationals on Angola’s recent prohibition of all crypto mining activities. The authority issued firm warning, emphasizing severe pen...

4 months ago

Binance launches ‘Megadrop’ early access program for Web3 rewards

The new platform combines airdrops and quests into a loyalty program.

Binance launches ‘Megadrop’ early access program for Web3 rewards

Cryptocurrency exchange Binance recently launched an early access incentive and rewards program for web3 users featuring airdrops and quests.  Dubbed “Megadrop,” the n...

5 months ago

OKX, Binance and Bybit monthly volumes tripled since late 2023

According to Bybit data, the growth trend of CEXs has failed to overtake the growth rate of decentralized exchanges (DEX), as major DEX Uniswap v3 increased volumes by 320%.

OKX, Binance and Bybit monthly volumes tripled since late 2023

A new report says trading volumes on global centralized cryptocurrency exchanges (CEX) like Binance have spiked significantly since late last year. According to data from the Bybit Ins...

5 months ago

Tether announces restructuring to go beyond stablecoins

With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.

Tether announces restructuring to go beyond stablecoins

Tether — the operator of the eponymous Tether  stablecoin, the world’s largest stablecoin by market value — is restructuring to introduce new divisions beyond st...

5 months ago

Scammers target Google Ads, promote fake version of OTC crypto platform

Google Ads again appears to be promoting a faked version of a crypto website that directs users to a phishing website clone that drains users’ crypto.

Scammers target Google Ads, promote fake version of OTC crypto platform

Google seems to be once again promoting malware crypto websites through Google Ads, an online advertising platform that allows businesses to display ads on Google’s search engine resu...

5 months ago

Avraham Eisenberg convicted in $110m Mango Markets exploit

Avraham ‘Avi’ Eisenberg, a figure in the digital finance sector, was found guilty in relation to a major security breach at Mango Markets, where over $110 million was compromised.

Avraham Eisenberg convicted in $110m Mango Markets exploit

In December 2022, Eisenberg was arrested in Puerto Rico, facing charges of commodities fraud, market manipulation, and wire fraud linked to the Mango Markets exploit. The incident occurred ...

5 months ago

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