Watford Football Club has taken a bold step towards revolutionizing the ownership structure of football clubs by offering 10% of its equity to investors, including its very own fans. This move marks a significant shift in the traditional ownership model of football clubs, providing an opportunity for fans and investors to have a stake in
Crypto
Recently, one frog-themed meme coin has been gaining significant popularity in the cryptocurrency market. Brett (BRETT) experienced a 30% spike in its price within a 24-hour period, bringing it close to a new all-time high. This particular meme coin was created three months ago but only started gaining traction towards the end of March, primarily
Polkadot Blockchain Academy recently launched its fifth cohort in Singapore with the aim of nurturing developer talent. The initiative has 184 lecture hours and 18 experienced instructors guiding the participants. Additionally, Polkadot introduced Asynchronous Backing for better block validation and partnered with Founder Institute for a Web3 cohort. Despite these advancements, the price of DOT
Binance, one of the leading cryptocurrency exchanges, recently made an announcement that it will be halting trading services for some cryptocurrencies. This decision has had a significant impact on the prices of the affected assets, with some experiencing sharp declines in value. The exchange continues to make adjustments to its offerings in order to enhance
Ripple’s decision to contribute $25 million to the Fairshake super PAC demonstrates its commitment to advocating for pro-crypto policies and politicians. This aligns with an industry-wide effort to ensure fair and balanced regulation within the cryptocurrency industry. The ongoing legal battle with regulatory bodies like the SEC has prompted Ripple to take a more proactive
In a recent Harris Poll survey funded by Grayscale, it was revealed that an increasing number of American voters are turning to Bitcoin as geopolitical tensions and inflation rise. The survey, which included responses from over 1,700 likely U.S. voters, found that one in three voters will consider a political candidate’s stance on cryptocurrencies before
The cryptocurrency sector faced a significant blow in May, with losses totaling $42.6 million due to exploits, flash loans, and exit scams. Flash loan attacks emerged as the leading cause of losses, accounting for approximately $20.7 million. Sonne Finance suffered the most substantial loss, losing $20 million, followed by TLN Protocol at $746,000. GPU and
In a remarkable turn of events, a crypto user named Michael lost access to a wallet containing 43.6 bitcoins back in 2013. The value of the lost coins was approximately $5,300 at the time. Due to a corrupted encrypted file containing the password, Michael was unable to retrieve his assets for 11 long years. Michael
Mastercard has recently introduced its Mastercard Crypto Credential, aimed at simplifying and securing blockchain transfers through the utilization of easy-to-remember aliases. This new offering, which enables users on popular exchanges such as Bit2Me, Lirium, and Mercado Bitcoin, marks a significant step towards enhancing transaction simplicity and security, ultimately driving the adoption of cryptocurrencies. The launch
In the midst of a broader market recovery, the XRP Ledger (XRPL) has experienced a surge in network activity across various metrics. According to Messari’s latest report, active addresses and transactions on the XRPL increased by 37% and 113% quarter-over-quarter (QoQ) respectively. This uptick in activity can be attributed to a concentrated group of around
DMM Bitcoin, a prominent Japanese cryptocurrency trading platform, was the target of a devastating hack on May 31st, resulting in the loss of approximately $305 million worth of Bitcoin. The exchange confirmed that 4,502.9 bitcoins were stolen from their systems, causing significant disruption and financial damage. Despite acknowledging the attack, DMM Bitcoin has been hesitant
The U.S. District Court for the District of Utah recently made headlines by dismissing the Securities and Exchange Commission’s (SEC) case against Digital Licensing, operating under the name Debt Box. This decision was accompanied by an order for the SEC to pay approximately $1.8 million in attorney and receivership fees. In response to the court’s
In the current cryptocurrency market, there has been a surge in meme coin launches, many of which have raised concerns due to their questionable ties. Lookonchain’s data has shed light on the risks associated with trading meme coins, especially those backed by celebrities. A recent example is American celebrity Caitlyn Jenner’s JENNER token, which was
Recently, blockchain analysis firm Nansen has identified DBS Bank, one of Singapore’s largest banking institutions, as a significant player in the cryptocurrency market. According to Nansen’s analysis, a crypto wallet owned by DBS Bank contains 173,753 Ether (ETH), with a current market value of approximately $650 million. This revelation has brought attention to the bank’s
