Investors continue to rebalance their portfolios, with some targeting crypto to sell in May, especially after the bleeding witnessed this week. Bitcoin extended the correction to $56,500 on Wednesday amid the FOMC meeting, which left interest rates unchanged. With inflation stubbornly rising in the US and across major economies, a narrow focus to crypto investing […]

Ripple Labs Inc. has ramped up its court fight with the US Securities and Exchange Commission (SEC) by submitting a lengthy letter to substantiate its motion initially made on April 22, 2024. This motion seeks to eliminate the expert testimony submitted by the SEC that Ripple considers inappropriate. The action by Ripple follows the SEC’s […]

Investment asset management firm Franklin Templeton published a report detailing Solana’s (SOL) accelerated adoption over some time. With the validation from the firm, Solana has jumped by more than 9% to $138.46. Franklin Templeton Lauds the Solana Resilience Solana’s survival and resilience after the unfortunate implosion of the FTX cryptocurrency exchange were identified. The cryptocurrency […]

Crypto VC investments plummeted in April after previous upticks with the wider market sentiment. Statistics from RootData show a decline in the number of crypto VC projects in the first month of the second quarter despite previous bullish projections.  According to the source, April saw a 13.4% decking in VC numbers with funds moving to […]

The cloud storage platform, Dropbox confirmed there was a massive data breach by hackers who gained access and compromised sensitive customer information. The breach enabled the hackers to gain unauthorized access to a service account that was part of the product’s back-end. What Happened and What Was Compromised? According to a data breach notification published […]

One crypto enthusiast revealed that he has found a possible V2 smart contract from Friend Tech, a social tokenization platform built on Base. The Friend Tech Rebrand Plans @Cbb0fe on X claimed not to be certain about what he had found but he provided a quick summary of his findings.  There might be an airdrop […]

Pantera Capital, a leading crypto venture capital firm, has recently invested in The Open Network (TON) blockchain. TON, initially developed by Telegram, has gained significant traction within the Telegram network, boasting over 900 million monthly active users. Recent updates include Telegram’s integration of Toncoin (TON) tokens for ad revenue sharing and rewards distribution. TON has […]

The Terra Luna Classic network has completed another upgrade, which has further improved the efficiency and robustness of the system. The rebel-2 update runs on terrad-v3.0.1-rc.1 currently. This upgrade consists of several key elements: SDK v0.47, wasmd v0.45, ibc-go v7, and a p2p storm fix are all mostly aimed at enhancing the operation and performance […]

A bullish wave has traversed the crypto market on Thursday, spreading hope among investors whose holdings have been battered in this week’s sell-off. The Solana price analysis signals continuing gains into the weekend, underscoring a 10% surge in its value maintained for 24 hours. SOL hovered at $136 during US business hours, contributing to the […]

Institutional investors are increasingly eyeing spot Bitcoin exchange-traded funds (ETFs), as observed by BlackRock, the world’s largest asset manager. Robert Mitchnick, BlackRock’s head of digital assets, anticipates a surge in participation from sovereign wealth funds, pension funds, and endowments in Bitcoin ETFs in the near future. This shift signals a broader acceptance and recognition of […]