According to reports, Shiba Inu (SHIB), the second largest meme coin in terms of market capitalization, is said to have brought in $12 million by selling their $TREAT tokens. This funding round reportedly drew the interest of prominent venture capital firms such as Animoca Brands, Polygon Ventures, and DWF Ventures, among others. The objective of … Read more
Economist Peter Schiff sparked a heated argument about Bitcoin‘s effectiveness as a digital currency after the fourth Halving event ended. On social media platform X, Schiff criticized Bitcoin’s rising transaction fees and slow processing times in strong terms. However, BitMEX Research, a division of the well-known crypto exchange, challenged Schiff’s assertions. BitMEX Counters Peter Schiff’s … Read more
Nadeem Anjarwalla, previously a Binance executive, was recently taken into custody by the Kenya Police after evading arrest in Nigeria. This capture signifies a major advancement in the ongoing investigation. A joint operation between Kenyan law enforcement and international authorities led to Anjarwalla’s apprehension. According to reports, Anjarwalla is expected to be extradited to Nigeria … Read more
FTX’s bankruptcy estate is planning to sell off more assets, specifically Solana tokens that have been locked away. This transaction differs from previous ones as the Solana tokens will be auctioned off instead of being sold at a fixed price. Mike Cagney, the CEO of Figure Markets, a decentralized financial services company, announced that the … Read more
Billy Markus, the inventor of Dogecoin (DOGE), recently initiated an intriguing debate by proposing a hypothetical situation: suppose you had a million dollars to invest in just one asset – gold, Bitcoin, the S&P 500, or real estate – for a decade-long period. Which would be your choice? Markus, renowned for his plain-speaking, expressed a … Read more
After much effort, Solana successfully surpassed the $150 mark, paving the way for further gains. This achievement is noteworthy because the resistance level for SOL at $150 had previously acted as a dividing line between the bullish and bearish markets. Despite the progress made, there’s been a distinct drop in trading activity. This reduction could … Read more
In early April, after experiencing a significant drop in price, Solana’s meme coin BONK has been making a robust comeback. Within the past week, the BONK price has jumped by more than 25%, reaching a current value of $0.00002074 and boasting a market capitalization of $1.35 billion. What’s Behind the BONK Price Rally? A canine-themed … Read more
To combat online criminal activities and stop money laundering using unauthorized digital asset providers, Thailand’s Securities and Exchange Commission (SEC) introduced new measures. This decision stems from a resolution passed by the Technology Crime Prevention and Suppression Committee. Furthermore, Mrs. Pornanong Busaratrakul, the SEC’s Secretary-General, emphasized the importance of addressing this issue during a meeting … Read more
Last week, there were significant withdrawals from Bitcoin and Ethereum, adding up to $226 million in total. Bitcoin was affected more severely, with $192 million leaving the market, while Ethereum had $34 million withdrawn for the sixth consecutive week. Notably, even short positions on Bitcoin saw a small amount of outflows, at roughly $0.3 million. … Read more
The Shiba Inu project team has achieved a significant milestone in expanding their uses and value, raising $12 million through sales of TREAT utility tokens and governance tokens. These funds will be used to create a new privacy-centric Layer 3 blockchain and other projects. A notable announcement was made by Shytoshi Kusama during Token2049: a … Read more