Multichain, a prominent cross-chain routing protocol, recently made an exciting announcement regarding the resumption of its cross-chain services on several networks. This development comes after a temporary disruption caused by “force majeure” on May 24th, which had affected certain cross-chain routes. AML Confirmation and Milestones The news was confirmed by Continue Reading
Crypto News
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Multichain Restoring Cross-Chain Services
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Crypto News
JPMorgan Research Signals a Bitcoin Boom Ahead of Halving
In a recent research report, JPMorgan, a leading financial institution, has highlighted the projected retail demand for Bitcoin (BTC) in the coming year leading up to the next halving event. This event, expected to double the production cost of Bitcoin to approximately $40,000, is anticipated to have a positive psychological Continue Reading
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Crypto News
dYdX Sub-DAO: Empowering Community Governance in DeFi
In a remarkable show of support, the decentralized perpetual contract protocol, dYdX, has witnessed an overwhelming 99.95% community approval rate for the “Launch of dYdX Operating Sub-DAO V2” proposal. This proposal, put forth by the dYdX Operating Trust Fund (DOT), represented by trustees Joanna and Callen, aims to transfer $6.6 Continue Reading
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Crypto News
Do Kwon Granted Bail Again in Montenegro
Cryptocurrency news has been abuzz with the latest development in the case of Do Kwon, the co-founder of Terraform Labs. After an intense legal battle, Do Kwon has been granted bail once again in Montenegro Background on Do Kwon’s Case Do Kwon’s legal troubles began when he faced allegations of Continue Reading
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Crypto News
Terra Classic (LUNC) Price Surge: LUNC Bullrun Starts
Cryptocurrency markets are known for their volatility, and Terra Classic (LUNC) is the latest coin to experience a significant surge in value. As the original chain of the collapsed Terra (LUNA) ecosystem, LUNC has caught the attention of investors and crypto enthusiasts alike. Introduction to Terra Classic (LUNC) Terra Classic Continue Reading
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Crypto News
EtherRock NFT Sells for $248,184: NFT Market Resurgence
The crypto community witnessed an anonymous buyer making headlines by acquiring EtherRock #80, a rare digital collectible, for a staggering 130 ETH, equivalent to $248,184. This purchase has sent shockwaves through the market and raised several questions about the growing popularity of non-fungible tokens (NFTs). Memecoins market The Remarkable Purchase Continue Reading
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Crypto News
The Mysterious Death of a Bitcoin Millionaire
The cryptocurrency community has been hit with the news of the tragic demise of Dr. John Forsyth, a prominent figure in the crypto space and an emergency room doctor. Dr. Forsyth, known for his contributions to the world of digital currencies, was found dead on May 30th, with a gunshot Continue Reading
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Crypto News
Celsius Moves to Stake All Ethereum, Representing Over $1B
ARKHAM reported that, Celsius Network, is taking a significant step by staking all of its current Ethereum (ETH) holdings. In the last 24 hours alone, the company has staked more than $600 million worth of ETH, and the rate of deposits shows no signs of slowing down. Fund US When Continue Reading
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Crypto News
Binance Smart Chain (BSC) to Undergo Luban Hard Fork in June
Binance Smart Chain (BSC) is set to undergo a significant update next month with the Luban hard fork. The hard fork will introduce three new Evolution Proposals (BEPs) that are designed to improve the platform’s capabilities. BEP-126 introduces a fast termination mechanism for network blocks. This will help to improve Continue Reading
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Circle To Launch Native USDC On Arbitrum Network
Circle, a leading global firm, is set to launch the native version of USD Coin (USDC) on the Arbitrum network on June 8, 2023. This highly anticipated launch will bring several benefits, including enhanced liquidity and faster transactions, to the growing Arbitrum ecosystem. Migration The native USDC on Arbitrum, issued Continue Reading
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Orbiter Finance Discord Server Compromised
The Orbiter Finance Discord Server was compromised by malicious hackers who posted a fake phishing link in their announcements. This breach not only puts the security of the server at risk but also poses a threat to the community members who may unwittingly fall victim to the scam. Understanding the Continue Reading
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Crypto Influencer Amasses Over $1 Million in ETH For Nothing
In a stunning turn of events, a crypto influencer recently managed to accumulate over $1 million worth of Ethereum (ETH) without offering anything in return. This has garnered significant attention within the cryptocurrency community and raises questions about the nature of online interactions and the enthusiasm of crypto enthusiasts. US Continue Reading
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FTX Has Paid $100 Million In Professional Fees
FTX, Once the prominent cryptocurrency exchange, has faced significant financial challenges and mismanagement, leading to its filing for Chapter 11 bankruptcy last year. not One aspect that has drawn attention in the FTX Chapter 11 filing is the substantial amount of professional fees associated with the process. A staggering $100 Continue Reading
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Altcoin
Ripple XRP Price Significant Gain Signals Bullish Momentum
Ripple’s XRP price, which has gained substantial momentum despite the overall downtrend in the market. bullish trend Ripple Price Analysis The XRP price has experienced a significant gain, rising to $0.525, marking a substantial increase of five percent. This bullish momentum has captured the attention of market participants and experts Continue Reading
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Altcoin
Hop Protocol Initiates HOP Airdrop Sybil Hunter Distribution
Shane Fontaine, co-founder of Hop Protocol, has proposed the “HOP Airdrop Sybil Hunter Distribution.” The proposal has gained significant support, with a current rate of 99.46%. As part of this initiative, 869,566 HOP tokens will be distributed to 35 witch hunter addresses. Hop DAO, a decentralized autonomous organization, has relied Continue Reading
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How Twitter Became a Breeding Ground for Crypto Scammers
Twitter, once a hub of innovation and excitement in the cryptocurrency space, is experiencing surge in crypto scam. Ideal place for crypto scammers to lure investors A surge in crypto scammers leveraging the platform to defraud unsuspecting users. These scammers exploit various tactics such as promoting memecoins, conducting presales, offering Continue Reading
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FTX Founder Sam Bankman-Fried Charged with Bribery
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has been charged with bribery for allegedly paying $40 million to Chinese officials in order to reclaim $1 billion in frozen cryptocurrency. US The charges were announced by the U.S. Attorney’s Office for the Southern District of New York. The indictment Continue Reading
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Binance Wallet Maintenance for BNB Smart Chain (BEP20)
Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will be conducting wallet maintenance for BNB Smart Chain (BEP20) on May 31, 2023. The maintenance is expected to last for approximately one hour and will temporarily impact deposits and withdrawals on the BNB Smart Chain. The wallet Continue Reading
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zkBridge Announces Full Integration with Polygon
zkBridge, a leading blockchain interoperability solution, has exciting news for the blockchain community. The platform has announced its full integration with the Polygon network, revolutionizing the way blockchain systems can communicate and interact seamlessly. This integration brings forth a new era of interoperability powered by zkBridge on the Polygon network, Continue Reading
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BITCOIN
Bitcoin Surges Past $28,000: What Investors Need to Know
Bitcoin has once again grabbed the attention of investors and enthusiasts as it surged past the $28,000. This remarkable price rally comes on the heels of an announcement from the White House regarding a deal to avert a potential debt ceiling crisis. and may also be due to regulatory developments Continue Reading
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Crypto Tokens Worth $423.7 Million Set to Unlock This Week
In the world of cryptocurrencies, token unlocking events play a crucial role in determining market dynamics. This week, the crypto community is bracing for significant unlockings of various tokens, with a combined value of $423.7 million. Optimism, 1inch, and Sui tokens are among the major cryptocurrencies scheduled for unlocking. Unlock Continue Reading
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Memecoin FLOKI Gains Momentum as Chinese State TV Features
Memecoin FLOKI gained significant traction after being featured as a sponsor during the singles finals of the 2023 World Table Tennis Championships, which were broadcast on Chinese state TV station CCTV-5. The exposure led to a surge of over 10% in FLOKI’s value, signaling the impact of mainstream media attention Continue Reading
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EDCON 2024 to be held in Japan: What to Expect
EDCON (Community Ethereum Development Conference) is a non-profit annual global event that brings together developers, researchers, entrepreneurs and enthusiasts from the Ethereum ecosystem. EDCON has been held in different countries since 2017, such as France, Canada, Australia and Montenegro. The next edition of EDCON will take place in Japan in Continue Reading
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Curve Finance CEO Buys $41 Million Mansion in Melbourne
The crypto industry is booming, and so are the lifestyles of some of its leaders. According to Financial Review, Michael Egorov, the founder and CEO of Curve Finance, a decentralized stablecoin exchange, and his wife have bought a mansion in Melbourne for $41 million, setting a record for the highest Continue Reading
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How $OXBT Went From Free Mint to ATH
If you are looking for a new way to invest in Bitcoin, you might want to check out $OXBT, a new type of token that is backed by Bitcoin and stored on the Bitcoin blockchain. it has skyrocketed in value in just two days. What is $OXBT? $OXBT is a Continue Reading