CRYPTO MARKET UPDATE

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CyberKongz Introduces ERC-721x Standard, Enhancing NFT Security

In the ever-evolving landscape of blockchain technology, CyberKongz continues to push boundaries and lead the way. Their latest development, the ERC-721x standard, sets a new benchmark for NFT security. This…
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Bankrupt FTX Has Recover $7 Billion In Liquid Assets

FTX has made a remarkable recovery by claiming to regain over $7 billion in liquid assets. After filing for bankruptcy in November 2022, FTX found itself in a dire liquidity crisis that…
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Bitcoin Lightning Network Sets New Record in Node Capacity

In a remarkable development for the cryptocurrency world, the Bitcoin Lightning Network has achieved a new all-time high in node capacity. With a capacity of 5,630 BTC ($172 million), this…
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HSBC Hong Kong Becoms First Bank to Allow Bitcoin and Ethereum ETFs Trading

HSBC Hong Kong has confirmed that it will now offer its customers the opportunity to invest in cryptocurrency ETFs, making it the first bank in the city to embrace this…
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NEAR Foundation Partners with Alibaba Cloud for Web3 Growth

The NEAR Foundation, has joined forces with Alibaba Cloud, the cloud computing arm of Alibaba Group, to bolster the advancement of Web3 technology in Asia and the Middle East. This…
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How does Blend determine the value of NFTs used as collateral for loans

Blend, a pioneering lending protocol, has revolutionized the way non-fungible tokens (NFTs) are used as collateral for loans. This cutting-edge platform matches users looking to borrow against their NFT collateral…
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GMX Short Seller Faces Significant Losses on Ethereum (ETH) Short Position

The largest short seller on GMX decided to employ 6.6x leverage and short Ethereum when it was priced at $1,703.97. This leverage allowed them to amplify potential gains or losses.…
Ethereum Smart Contract Might Be on XRP Ledger Soon

Understanding the Significance of Ether’s All-Time Low Exchange Balances

Cryptocurrencies have gained significant attention in recent years, and Ether (ETH) is among the most prominent digital assets. In this article, we delve into the significance of Ether’s exchange balances…
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Swiss Prosecutors Seize $26 Million in Digital Assets Belonging to Do Kwon

Terraform Labs (TFL), a renowned cryptocurrency company, faces further legal troubles as Swiss prosecutors have taken action to freeze approximately $26 million in digital assets and U.S. dollars owned by…
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Ripple’s CTO Debunks Speculated 10 Billion XRP Buyback Rumors

Ripple’s Chief Technology Officer (CTO), David Schwartz, has stepped forward to address the recent rumors circulating within the XRP community regarding a speculated 10 billion XRP buyback. In response to…
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Hermès Secures Permanent Ban on “MetaBirkin” NFTs for Trademark Infringement

In a significant legal victory, the French luxury house Hermès has successfully obtained a permanent ban on the sale of “MetaBirkin” non-fungible tokens (NFTs). The jury’s verdict deemed these NFTs…
ETC

Say Goodbye to Ethercluster: Ethereum Classic Community Prepares for Endpoint Migration

In a significant announcement affecting wallet operators, exchanges, mining pools, dApp developers, and all users of the Ethereum Classic mainnet and Mordor testnet, the Ethercluster service is set to be…
BITCOIN21

The Power of Dollar Cost Averaging into Bitcoin

Bitcoin has emerged as a popular investment option, captivating the attention of investors worldwide. However, the volatile nature of the cryptocurrency market often leaves investors grappling with the challenge of…
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Bitcoin’s Multi-Year Bull Market Predicted by Bitwise CEO

According to Bitwise CEO, Matt Hougan, the outlook for Bitcoin is bullish, with a multi-year bull market on the horizon. This optimistic forecast stems from the growing interest shown by…
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ChatGPT and Hedera’s HBAR Crypto Join Forces

ChatGPT has joined forces with Hedera’s HBAR cryptocurrency, providing users with secure interactions and streamlined asset monitoring. This integration marks an important milestone in the world of blockchain technology and…
aave

AAVE Price Soars as Whale Accumulates Millions of Dollars Worth of Tokens

The price of AAVE, one of the leading cryptocurrencies, experienced an astonishing surge of approximately 27% within the past five hours. This unexpected price movement appears to be directly linked…

Azuki Floor Price Crashes, Introducing Azuki Elementals

The floor price of Azuki, the popular digital collectible, plummeted today, experiencing a steep decline from 17.5 ETH to 14.11 ETH. This drastic drop amounts to a staggering 11% decrease…

Balancer Investigates Potential Issue with Fee Collection Mechanism for Pools

Balancer, a well-known decentralized finance (DeFi) protocol, recently received a report highlighting a potential issue with the fee collection mechanism for certain pools. Although the validity of the report is…
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