With the new partnership deal between MoonPay and Paypal, United States residents can now buy and sell over 100 different cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) using Paypal transfers via wallet, bank transfers, or debit cards. The MoonPay and PayPal Alliance In the past, PayPal users could buy digital assets like Bitcoin, Ethereum, Litecoin, […]
Breaking: Montenegro Extradites Do Kwon’s Terra Executive To South Korea
In a gripping revelation, a recent report has uncovered a significant development in the Terraform Labs financial scandal. Han Chang-joon, the former financial officer of the beleaguered company, has been extradited to South Korea after serving a prison sentence in Montenegro. This latest twist adds a layer of complexity to the international legal saga surrounding […]
Bitcoin-Focused Wasabi Wallet Developer zkSNACKs Is Leaving The US
zkSNACKs, the developer behind the Bitcoin privacy-focused Wasabi Wallet, is ceasing its coinjoin coordination service in the United States. The implementation is effective from June 1st, 2024. The company announced this on its blogpost. CoinJoin and zkSNACKs’ Decision The company’s decision is prompted by the regulatory environment which necessitated the reassessment of its effort to […]
Terra Classic Endorses Genuine Labs Proposal, Why LUNC Price Soared 20%?
The Terra Luna Classic community has approved developer Genuine Labs’ spending proposal to pay for the work completed by the developer team in the last few weeks. The proposal received majority support from Terra Classic validators. Terra Classic Community Approves Genuine Labs Proposal Terra Luna Classic developer Genuine Labs’ proposal 12019 surpassed the “pass threshold” […]
Robert Kiyosaki Portrays Crypto Market Crash As “Time To Get Rich”
Renowned for his financial insights, Robert Kiyosaki, author of the bestselling book “Rich Dad Poor Dad,” recently shared his perspective on navigating the turbulent waters of the Bitcoin market. Addressing his audience through social media platform X, Kiyosaki delved into the unique opportunities that arise during market downturns. He emphasized the potential for wealth growth […]
Snap Token Creator Announces 10% Workforce Cut Amid Tech Market Weakness
Creator of the SNAP token, company Snap on Monday said that it will be laying off around 10% of its staff. According to a report by Reuters, Snap is currently in the process of laying off around 528 workers, joining other peers in the tech and financial sector who also announced workforce reduction. Snap to […]
Breaking: HK Firm Becomes Top Holder In BlackRock Bitcoin ETF (IBIT) – Bloomberg
Hong Kong-based Yong Rong HK Asset Management Ltd has become the largest holder in BlackRock iShares Bitcoin ETF (IBIT), as per new data revealed by Bloomberg Intelligence analyst on Friday. Yong Rong Asset Management Bought $38M BlackRock Bitcoin ETF Bloomberg senior ETF analyst Eric Balchunas revealed Yong Rong Asset Management based in Hong Kong purchased […]
EigenLayer Protocol Breaks Records: $3.4B TVL in Ethereum Restaking
The total value locked (TVL) on Ethereum’s Eigenlayer protocol has skyrocketed to an unprecedented $3.5 billion, marking a significant milestone for the platform. This surge in TVL represents a remarkable 70% increase over the past week alone. The surge can be attributed to two primary factors: the reopening of deposits on the Eigenlayer platform and […]
Spot Bitcoin ETF: US SEC Postpones Decision On 7RCC Application
After waiting for almost five months for the United States Securities and Exchange Commission (SEC) to make a decision on its spot Bitcoin ETF application focused on carbon credits, 7RCC Global has been asked to wait for another two months. 7RCC Now Eyeing June 24 as New Decision Date The Commission just said it needs […]
SOL Outage: Fix Released For Validator Operators To Restart Network
Solana encountered a significant disruption resulting in the halt of block progression. The outage, reported via Solana’s System Status, disrupted the network’s operations, prompting immediate attention from stakeholders. Efforts to rectify the issue are currently underway, underscoring the urgency to restore normalcy to Solana’s functionality. The outage, as indicated on Solana’s system status post on […]