An unknown crypto trader has been spotted on-chain clocking massive profits trading Wrapped Bitcoin (WBTC). According to blockchain tracking service Lookonchain, three wallets belonging to one “smart whale” deposited 1,957 WBTC worth $74.6 million into Binance on Friday. WBTC is an ERC-20 token pegged to the price of BTC, allowing traders to speculate on Bitcoin […]
Illuvium Preview: Everything You Need to Know About the NFT Games
Illuvium is a sci-fi fantasy NFT gaming IP with four games in development: Illuvium Arena, Overworld, Zero, and Beyond. While each of these titles are separate games, they do offer some interoperability and cross-game rewards. The Illuvium team has also released its own Ethereum ERC-20 token, ILV, and its own marketplace, the Illuvidex. There’s also […]
Blast’s marketing approach “cheapens the work of a serious team” — Paradigm
Paradigm, one of Blast’s seed investors, criticized the protocol’s decision to launch a bridge before its L-2 and withdraw capability.
Cosmos Hub approves proposal to slash ATOM inflation
The Cosmos Hub community is giving the green light to a proposal aimed at reducing the maximum inflation rate of its native token, Cosmos (ATOM), from 14% to 10% as a security enhancement measure.
Illuvium Preview: Everything You Need to Know About the NFT Games
Illuvium is an NFT-powered sci-fi fantasy world with cards, creatures, and worlds to explore. Here’s an introduction to its games.
Lido beats MakerDAO, Aave, shows why it’s DeFi’s supreme leader
No other protocol has come close to Lido’s TVL numbers. The project is being touted as the future of DeFi. Out of the top 10 DeFi protocols, Lido Finance [LDO] had the highest capital inflow The post Lido beats MakerDAO, Aave, shows why it’s DeFi’s supreme leader appeared first on AMBCrypto.
Filmmaker Who Made Millions With Dogecoin Faces Lawsuit
Carl Erik Rinsch, a once-obscure filmmaker, is now in a legal dispute with streaming giant Netflix. The clash arises from a doomed project, “Conquest,” marked by unmet production milestones, extravagant spending, and an unexpected financial windfall from Rinsch’s foray into Dogecoin trading. The Rise and Fall of “Conquest” Rinsch’s journey into the heart of the […]
Changpeng Zhao to Return Home Before Sentencing
Former Binance CEO, Changpeng Zhao, finds himself entangled in a complex legal battle in the United States, facing charges of violating anti-money laundering regulations. As he awaits sentencing on February 23, 2024, Zhao has pleaded with his legal team to allow him to return to his home in the United Arab Emirates (UAE). Zhao’s Plea […]
100,000 Koreans to Participate in CBDC Experiment in 2024
South Korea is gearing up to launch a pilot project involving 100,000 of its citizens in an experiment with Central Bank Digital Currencies (CBDC). The initiative, reportedly in collaboration with the Bank of Korea (BOK) and local financial authorities, marks a significant step in the global exploration of digital currencies. The Scope of the Pilot […]
Mad Money’s Jim Cramer Turns Bullish on Bitcoin: Is It Time to Sell?
Jim Cramer, the host of CNBC’s “Mad Money,” has reversed his stance on Bitcoin, advocating for it as it reaches an 18-month high. This change in opinion comes after a year of Cramer emphatically advising against Bitcoin. Consequently, leaving investors and market watchers to ponder the implications of his newfound bullishness. Cramer Turns Bullish on […]