Singapore authority issues crypto warning after PM falls prey to scammers
The Monetary Authority of Singapore has issued a warning to crypto investors after the state’s prime minister was unwittingly caught up in a fake token scam.Continue Reading
TON Labs raises $6M in support of Free TON blockchain
The investment round, which was led by Runa Capital and RTP Global, will go toward funding its decentralized blockchain network. TON Labs, the development arm behind the Free TON blockchain, raised $6 million through an investment round led by venture capital firm Runa Capital. The funding will go toward buildingContinue Reading
Whale and Rally dominate social token scene with $240M market cap
Whale has the largest market cap, but fully-diluted figures put Rally ahead. Two social tokens are shining brighter than the rest, with a combined market capitalization of $240 million. Research compiled by crypto data aggregator Messari has revealed the Whale token is the most valuable social token with a marketContinue Reading
CryptoPunks are taking over Miami
The popular NFT collectibles CryptoPunks are set to be showcased across Miami from April 12 as part of a month-long city-wide public art exhibition. Nearly 100 characters from the popular crypto-collectibles project CryptoPunks will be displayed across bus shelters and billboards in Miami for one month from April 12. TheContinue Reading
Bitcoin’s $1 trillion market holds for 10 days straight
Bitcoin’s trillion-dollar market capitalization has held strong since March 26. More than 10% of BTC supply has been moved while Bitcoin’s market capitalization has been more than a trillion dollars since March 26, indicating strong support in the middle and upper-$50,000 price range. According to the April 5 ‘Week onContinue Reading
Celebrity VC fund unveils $1m NFT contest judged by Snoop Dogg and Mark Cuban
If your NFT idea is innovative enough, Snoop Dogg, Mark Cuban, Ashton Kutcher, and other celebrities could invest $1 million into it as part of a Shark Tank-style contest. Sound Ventures, a venture capital fund comprising celebrities, musicians, and a billionaire, are offering at least $1 million for the “mostContinue Reading
Nexo faces lawsuit for liquidating $5m in client collateral amid XRP delisting
Crypto lending platform Nexo has been accused causing $5 million worth of client liquidations after suspending the use of XRP as collateral without warning in December. United States-based crypto lending platform Nexo is facing a class-action lawsuit over suspension of XRP services on Dec. 23, 2020. Lead plaintiff, California residentContinue Reading
BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End
Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures LeadContinue Reading
Shark Tank’s Kevin O’Leary Will Only Buy ‘Clean’ Bitcoins — Says Institutions Will Not Buy ‘Blood Coins’ From China
Kevin O’Leary, aka Mr. Wonderful, says he will only buy “clean” bitcoins that are mined sustainably in countries that use clean energy. He says institutional investors are concerned about where bitcoins are mined and will not buy “blood coins” from China. Clean Bitcoins vs. ‘Blood Coins’ Shark Tank star KevinContinue Reading
JP Morgan: Bitcoin’s Decreasing Volatility Makes It More Appealing to Institutions, Revises BTC Price Prediction to $130K
JP Morgan says that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors. The investment bank has also revised its bitcoin price target to $130,000. Increased Institutional Adoption, New Price Prediction for Bitcoin JPMorgan said last week that bitcoin’s price volatility has been decliningContinue Reading
BTG Pactual’s new Bitcoin fund teams up with Gemini for custody
Gemini is providing custody services to the first Bitcoin fund issued by a Brazilian investment bank. Gemini, the U.S.-based crypto exchange and custodian founded by Tyler and Cameron Winklevoss, has announced it will provide custody services for the forthcoming Bitcoin fund from Brazil’s top investment bank, BTG Pactual. An AprilContinue Reading
Altcoins notch triple-digit gains as Bitcoin price pushes toward $60K
Traders say the multi-year highs seen from many tokens prove that an altcoin season is at hand.Continue Reading
Hong Kong Customs Impounds 300 Crypto Mining GPUs from Smugglers
An intelligence-led anti-smuggling operation by the Hong Kong customs last Friday, April 2, has led to the interception of illegal crypto miners. The officials seized 300 cryptocurrency mining Graphic Process Units (GPUs) were seized as the illegal miners narrowly escaped arrest. Hong Kong authorities revealed that the incident took placeContinue Reading
Shark Tank Investor Kevin O’Leary Won’t Buy Bitcoin Mined In China
Newly converted crypto critic and Chairman of O’Shares ETFs Kevin O’Leary says he will only buy Bitcoin from where they are mined sustainably using clean energy. He says he is not putting his money down for “blood coin” coming from Asian giant China. No “Blood Coins” For Kevin Speaking inContinue Reading
Marathon Digital stock soars after company ramps up BTC mining in Q1
The company mined 196 BTC in the first quarter, bringing its total holdings to 5,143.2 BTC. Shares of Marathon Digital Holdings (MARA) surged on Monday after the cryptocurrency miner announced a significant increase in mining capacity in the first quarter, allowing it to up its stake in Bitcoin (BTC) byContinue Reading