The official liquidator of FTX has instructed creditors to file electronic claims by May 15, 2024. The claims portal managed by PricewaterhouseCoopers (PwC) anticipates commencing its initial distribution either in late 2024 or early 2025, with all valid claims being expressed in U.S. dollars. PwC Announces Chapter 11 Settlement for FTX and Debtors In a […]
Uniswap Founder: Dapps Will Soon Handle Gas Fees On Behalf Of Clients
In comments likely to resonate with crypto fans, Hayden Adams, the founder of Uniswap, a leading decentralized exchange (DEX), predicts that network fees will eventually become a background expense for users, much like server costs are today for top centralized applications running on Amazon Web Service and other platforms. Gas Fees Is A Major Pain […]
BlackRock’s spot Bitcoin ETF surpasses $10B in AUM, faster than any other to date
BlackRock’s iShares Bitcoin Trust (IBIT) now has more than $10 billion in assets under management (AUM), according to data from CoinGlass. Bloomberg ETF analyst Eric Balchunas noted that IBIT is one of just 152 exchange-traded funds (ETFs) that have reached the $10 billion mark. Currently, roughly 3,400 ETFs exist in total. He observed that IBIT […]
Ethereum network is valued fairly, but ETH could still see 17x return — Brian Russ
Using a unique quantitative approach, ETHDenver speaker Brian Russ told attendees that ETH is fairly valued but could produce a 17x return by 2033.
Binance User’s $70k Loss Exposes Security Gaps And Response Concerns
In a recent turn of events, a Binance user, going by the handle “Doomxbt,” has shared a distressing experience shedding light on apparent security flaws within the renowned cryptocurrency exchange platform.The saga began to unfold on February 29th when Doomxbt detected suspicious activity on their account, marked by peculiar sound notifications indicating unauthorized trade executions. […]
USDT Hits $100B Market Cap as Stablecoins Match Market Rally
Tether’s USDT solidifies its position as the largest stablecoin by market cap, with a growing market dominance of 88.04%. Continue reading at DailyCoin.
Anthropic releases next generation of Claude, claims it is ‘superior’ to GPT-4
Anthropic is launching its latest generative AI (GenAI) technology, Claude 3, with the claim that it is superior to OpenAI’s Chat GPT-4, according to a March 4 press release. The new suite of models, comprising Claude 3 Haiku, Claude 3 Sonnet, and the most advanced, Claude 3 Opus, is positioned to rival OpenAI’s GPT-4 in […]
Mysterious Shiba Inu Whales Haul Trillions Of SHIB As PEPE, BONK Memecoin Craze Gets Insane Boost
Memecoins rally alongside Bitcoin as the global cryptocurrency market makes a major recovery. The previous week saw a massive decline in asset prices as weekend liquidations rose. However, the new week is kicking off with a memecoin rally, and Shiba Inu, Dogecoin, and PEPE are leading the pack. The new week saw PEPE, Shiba Inu […]
Rare alien Cryptopunk sells for $16M worth of Ethereum
After days of bidding, an anonymous user with a newly created wallet nabbed the NFT for 4,500 ETH.
Cardano On-Chain Fundamentals Point To Massive Rally, Is $10 Possible?
The Cardano network is showing bullish signs, which suggest that a price surge might be on the horizon for the ADA token. Based on price predictions made by some crypto analysts, the crypto token could rise to as high as $10 when this happens. Cardano Network Is Healthy Crypto analyst Ali Martinez highlighted in an […]