DeFi Technologies, a Canadian fintech company, has been making strategic moves in the cryptocurrency market. Recently, the company announced the acquisition of 94.34 BTC to add to its balance sheet, building upon the 110 BTC it acquired in June. In addition to Bitcoin, DeFi Technologies has also ventured into altcoins, purchasing 12,775 SOL tokens and
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Cryptocurrency exchange OKX has made a significant strategic move by selecting Malta as its Market in Crypto-Assets (MiCA) hub. This decision is aimed at serving the 450 million residents of the European Union, providing them with a platform to trade and engage in various crypto activities. OKX’s choice of Malta as its hub is strategic
Stardust has made waves in the gaming industry by launching Starbase, a platform that brings together consumer rewards and social gaming into one cohesive space. This integration allows players to engage in missions and challenges while earning rewards in the form of gems, the digital currency at the core of Starbase’s reward program. With the
Recently, the blockchain security firm Cyvers Alert made a shocking revelation regarding the Indian exchange WazirX. According to their report, WazirX was exploited for approximately $235 million. The firm detected multiple suspicious transactions involving WazirX’s Safe Multisig wallet on the ETH network, resulting in a total of $234.9 million being moved to a new address.
Bitcoin’s price has recently shown signs of recovery after a month of bearish price action. With the current upward momentum in the market, there is speculation that Bitcoin might even reach a new all-time high soon. On the daily chart, the price has found support at the $56K level and has reclaimed the 200-day moving
The German government recently made headlines by selling off all of its Bitcoin holdings in just two weeks. The sale, which was conducted by the Saxon Central Office for the Protection and Realization of Virtual Currencies and Frankfurt Bankhaus Scheich Wertpapierspezialist AG, involved the disposal of approximately 49,858 BTC. The government cited the need to
Joe Burnett, Senior Product Marketing Manager at Unchained Capital, presents a compelling argument in favor of Bitcoin reaching a valuation of $750,000. He highlights a common oversight in market analysis, pointing out that many individuals underestimate Bitcoin’s potential this cycle. One key mistake, as Burnett suggests, is comparing Bitcoin’s current performance solely against historical data
Shiba Inu (SHIB), the second-largest meme coin by market capitalization, experienced a significant surge in price over the past few weeks, increasing by almost 20%. However, this upward momentum was abruptly halted as the price of SHIB dropped by 4.5% in the last 24 hours, landing at approximately $0.00001868. Alongside the price decrease, key metrics
Recently, leading crypto exchange OKX made the tough decision to discontinue its services in Nigeria. This decision came as a result of recent regulatory changes in the country. Nigerian users of OKX received emails notifying them of the upcoming discontinuation. They were informed that they have until August 30 to withdraw their assets from the
In a groundbreaking move, MON Protocol has announced the launch of a new investment fund called MON Ventures. This initiative is set to revolutionize the blockchain gaming industry by empowering gaming studios worldwide. Led by former senior executives from major gaming and media companies, MON Ventures aims to drive growth and innovation in the Web3
The gaming industry is currently experiencing a significant shift from traditional console games to a plethora of mobile apps and online platforms. This transformation has been fueled by the growing popularity of social messaging apps like Telegram, opening up new avenues for innovative gaming experiences. One company at the forefront of this revolution is Anomaly,
Dalmas Ngetich, a prominent figure in the world of cryptocurrency reporting, has made a significant impact on the industry. With a background in mechanical engineering and years of experience in journalism, Ngetich brings a unique perspective to his work. His specialization in NFTs, blockchain, DeFi, and blockchain news has allowed him to craft thousands of
Bitcoin developer Samson Mow has been vocal about his belief that Bitcoin will reach $1 million. He confidently stated that the cryptocurrency will hit this milestone within a year, citing the increasing demand for Bitcoin and the upcoming Bitcoin halving as key factors driving its price up. Mow’s optimism is shared by other crypto analysts
The impending launch of spot Ethereum ETFs has generated considerable excitement within the cryptocurrency community, with many believing that these ETFs could propel the price of Ethereum to new highs. Matt Hougan, Chief Investment Officer of Bitwise, has outlined the potential implications of these ETF inflows on the price of ETH, drawing comparisons to the