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Ethereum Challenger Monad Labs in Talks to Raise $200 Million

The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad...

TRON Network Integrated With Token Terminal

PRESS RELEASE. Zürich, Switzerland, March 13, 2024 – TRON DAO has collaborated with Token Terminal, integrating the TRON network’s data into Token Terminal’s sophisticated suite of data analytics tools. This collaboratio...

Creating a More Fair Ecosystem for Stakers and Validators With Bahamut Blockchain

The Bahamut blockchain is an innovative EVM-based, layer 1 solution, renowned for its security, decentralization, and scalability. It uses the FTN coin for network operations, cross-chain functionalities, and rewards. Notably secure, Bahamut has pass...

Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report

Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most targe...

South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion

The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had contracted...

Crypto Industry Players in Hong Kong Call for Swift Approval of Bitcoin ETFs

Authorities in Hong Kong have been urged to approve spot bitcoin exchange-traded funds in order to cement the region’s position as the financial hub of Asia. Industry participants believe that launching this ahead of the U.S. will enhance Hong...

El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates

President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains...

Robert Kiyosaki Warns Biggest Bubble in History Will Wipe Out Boomers — Advises Buying ‘Real Assets’ Like Bitcoin

Rich Dad Poor Dad author Robert Kiyosaki has warned that the biggest bubble in history will wipe out baby boomers, emphasizing that the stock market is set to crash. “Time to get real is now,” he stressed, urging investors to bu...

Blackrock’s Spot Bitcoin ETF Holdings Near 204K BTC as Demand Soars

Blackrock, the world’s largest asset manager, has hit a significant milestone with its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The fund’s crypto holdings have reached nearly 204K bitcoins, representing...

Analyst Predicts Bitcoin Will Hit $150,000 by 2025 as Green Bitcoin is Backed to Explode

Bullish predictions are sweeping the crypto market as analysts anticipate another massive upswing for Bitcoin (BTC) soon. Wall Street giant AllianceBernstein recently projected that BTC could skyrocket to $150,000 per coin by 2025. Meanwhile, the eco...

Coinbase Files Legal Challenge Against SEC for Crypto Regulation Clarity

In a significant legal confrontation, Coinbase has filed a challenge against the U.S. Securities and Exchange Commission (SEC) in the Third Circuit, contesting the SEC’s refusal to establish clear rulemaking for digital assets. San Francisco Crypto E...

Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May

Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to cour...

London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications

In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial ma...

As Bitcoin Soars, Peter Schiff Offers Gold as the Prudent Alternative

With bitcoin climbing over 50% in the past month, the notable gold aficionado and economist Peter Schiff has thrown shade at the market’s recent rally. Schiff argues that this uptick in value is nothing but “speculative mania&#x...

Xuirin Finance (XUIRIN) Launches Presale, Aiming to Transform the DeFi Sector

PRESS RELEASE. In a significant stride towards revolutionizing the decentralized finance (DeFi) landscape, xuirin Finance is excited to announce the launch of its presale, effective immediately. This pivotal event marks a monumental milestone for the...

After Exit Scam, Incognito Darknet Market Operators Now Threaten User Data Leak in Extortion Twist

Numerous accounts have recently revealed that shortly after the darknet market (DNM) Incognito apparently conducted an ‘exit scam,’ its operators have now informed their clients and merchants they are facing extortion. The team behind I...

Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits

Grayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders with...

Crypto Economy’s Rise Fuels Defi Sector to Surpass $100 Billion TVL

This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienc...

Tether Launches USDT on Celo Targeting Increased Usability

Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on e...

Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency

The Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily affecting businesses tha...

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