Cryptocurrency

April 23, 2024

‘Money-hungry VCs’ are bad for token launches in the long term — Analyst

Profit-seeking venture capitalists (VCs) may have detrimental effects on the long-term sustainability and price trajectory of newly-launched cryptocurrencies.   Despite providing initial liquidity for altcoin launches, […]
April 22, 2024

Hong Kong investment firm Victory Securities reveals Bitcoin and Ether ETF fees

Victory Securities, a Hong Kong-based investment firm, has revealed its proposed fees for Bitcoin and Ethereum exchange-traded funds (ETFs) following the recent approval of cryptocurrency ETF […]

ZKasino users fuming as $33M in promised refunds are instead sent to Lido

Blockchain gambling project ZKasino faces backlash on X after transferring $33 million worth of investor and user funds to staking protocol Lido, deviating from its initial […]
April 19, 2024

SEC says Justin Sun ‘traveled extensively’ to US, giving sway to lawsuit

The United States Securities and Exchange Commission (SEC) has revised its lawsuit against Tron founder Justin Sun, arguing that his extensive travel within the country establishes […]

Ethereum on track for $1B annual profit as DeFi drives Q1 revenue

Blockchain network Ethereum is on track to achieve $1 billion in annualized profits, with a Q1 net income of $365 million, marking a staggering 155% year-on-year […]

Ethereum liquid restaking drove DeFi TVL to $100B in first quarter

Decentralized finance (DeFi) TVL nearly doubled in the first three months of 2024 compared to the previous quarter, driven in part by Ethereum liquid restaking initiatives, […]

Degen Chain L3 now tops the TPS charts within the Ethereum ecosystem

Degen Chain, a new Ethereum layer-3 network, has surpassed other Ethereum-based blockchains by recording the highest transaction per second (TPS) count in the last 24 hours. […]

Bitcoin ransomware Akira drains $42M from more than 250 companies: FBI

A year-old ransomware group known as Akira has breached over 250 organizations, extracting approximately $42 million in ransomware proceeds, as per alerts from top global cybersecurity […]
April 18, 2024

Gary Gensler’s resignation ‘troll’ post disappoints Crypto X

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), caused a stir among X users with a misleading post hinting at his resignation, […]

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