Draftables, the much-anticipated American football-inspired web3 game, recently achieved a remarkable feat by selling out its Founder Pass NFTs on Avalanche’s Hyperspace in under 10 minutes. The rapid sale of the freebie Founder Pass NFT series on the platform reflects the immense excitement and anticipation surrounding the game. This impressive achievement underscores the strong demand
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The cryptocurrency market is currently witnessing a significant transformation in terms of mainstream acceptance. With the Bitcoin halving event and the hype surrounding BTC ETF, there has been a surge in the number of users in the space. Along with this trend, crypto whales, who are investors capable of influencing market trends due to their
The recent arrest of Aiden Pleterski, known as Ontario’s ‘Crypto King,’ has sent shockwaves through the cryptocurrency community. Accused of fraud and money laundering in connection with an alleged Ponzi scheme, Pleterski and his associate Colin Murphy are facing serious charges. The allegations suggest that they stole around $30 million from unsuspecting victims, leading to
Recently, a confidential United Nations report uncovered the alarming activities of North Korea’s cybercriminal group, the Lazarus Group. This group managed to transfer millions of dollars’ worth of stolen cryptocurrency back to North Korea through various illicit means. One notable incident involved the theft of $147.5 million in cryptocurrency from a prominent crypto exchange owned
Recently, two siblings who attended the Massachusetts Institute of Technology (MIT) have been accused of exploiting a vulnerability in the Ethereum blockchain. This resulted in them swindling $25 million in just 12 seconds, marking it as a unique cybercrime. The accused, Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are now facing federal charges in Manhattan
Polkadot recently announced a groundbreaking partnership with Founder Institute to launch the first Web3 cohort in its Core Program. This collaboration signifies a new chapter in startup acceleration and Web3 technology education, according to Founder Institute. The program, set to launch on May 28, will be guided by top experts from the Polkadot community. This
Bitcoin experienced a highly positive trading week, with its price skyrocketing to over $67,000 – the highest it has been in almost a month. The digital asset retraced slightly to just over $60,000 last Friday before bouncing back and climbing to $63,000 on Monday. Despite a brief dip to $61,200 on Tuesday, Bitcoin saw a
Magic Square has introduced Magic Launchpad, an Initial DEX Offering (IDO) platform that seeks to revolutionize the way early-stage projects raise funds. With a vast user base of over 4.5 million unique wallets and a thriving community of more than 1400 registered projects, Magic Square is poised to offer a comprehensive solution for growth hacking,
The Chinese police recently made headlines for busting a massive underground banking operation that utilized the popular stablecoin Tether (USDT) to facilitate transactions worth 13.8 billion yuan ($1.9 billion). This operation, which was based in Chengdu Municipal, involved 193 suspects who were directly linked to the criminal activities. It was reported that the police managed
The recent surge in Bitcoin price, reaching above $67,000, can be attributed to various factors, one of which is the increase in the supply of the stablecoin USDT. According to a report by LookonChain, the Tether Treasury has minted an additional 1 billion USDT, indicating a rising demand for the stablecoin. With USDT being the
Mollars (MOLLARS) is a new store of value altcoin that is rapidly gaining popularity in the crypto space. The ICO for Mollars is quickly approaching US$1.5 million, with 72% of the tokens already sold during the initial coin offering. This digital asset is being touted as the answer to Bitcoin for Ethereum Blockchain’s 250-million wallet
The recent surge in the cryptocurrency market, particularly with Bitcoin’s price soaring from $61,000 to above $67,000, has left many investors wondering about the driving forces behind this significant rally. One key factor highlighted by popular blockchain analytics firm CryptoQuant is the decreased selling pressure in the BTC market. Short-term holders are reportedly selling at
One of the key factors that could potentially contribute to Dogecoin flipping Ripple’s market cap is the influence of Elon Musk. Having Musk as a supporter brings enormous credibility and publicity to Dogecoin, creating a strong foundation for growth. On the other hand, Ripple needs a champion with a similar cachet to stay ahead in
The world of artificial intelligence (AI) and cryptocurrency has been rapidly evolving in recent months. With the introduction of a new ChatGPT model by OpenAI, the potential for growth in this niche market has been on the rise. As the total market capitalization of AI-related cryptocurrencies surpasses the $30 billion mark, investors are looking for
One of the major players in the cryptocurrency exchange space, Coinbase, has expressed a level of optimism regarding the approval of spot Ethereum ETFs by the SEC. Despite the current uncertainty surrounding the decision, Coinbase Institutional Research Analyst David Han believes that there is a 30% to 40% chance of approval by the end of
Recently, Oklahoma made history by becoming the first state in the United States to legally protect the right to self-custody Bitcoin. With the passing of bill HB3594, residents are now able to hold, control, and use digital assets without the fear of state interference. This new legislation also covers digital asset mining and ensures that
The recent surge in the Solana meme coin market has brought attention to the explosive growth of ETF token, which has seen a remarkable +207% increase in just 24 hours. The current market price of ETF token stands at $0.00134, with a significant 24-hour change of +202%. The price action of ETF token has been
A recent prediction by a crypto analyst has sparked excitement within the cryptocurrency community. The analyst, known as ‘Yoddha’, has set a bold timeline for Ethereum’s journey to new all-time highs, specifically targeting a price point above $10,000. This forecast has generated speculation and intrigue among investors and enthusiasts alike. Yoddha’s prediction is not based
In the volatile world of cryptocurrency markets, understanding the factors that influence price action is crucial for both analysts and investors. Recently, cryptocurrency expert Ali Martinez has delved into the fluctuations in Bitcoin’s price by applying the basic economic theory of supply and demand. It is widely recognized that the price of any asset, including
Recently, crypto analyst Crypto Jebb pointed out an inverse heads and shoulders pattern on the Bitcoin chart. According to him, this bullish pattern suggests that Bitcoin might be gearing up for another rally, potentially pushing its price up to $100,000. Jebb mentioned in a video on his YouTube channel that this pattern, which he had
The cryptocurrency market experienced a surge in green today, with several leading digital assets, including Solana (SOL), Cardano (ADA), and Chainlink (LINK), seeing substantial gains. Amidst this positive market sentiment, Doland Tremp (TREMP), a Donald Trump-themed meme coin, stood out by skyrocketing 60% in the past 24 hours, reaching a new all-time high of $1.07
The Pepe (PEPE) price has recently experienced a 12% drop from its peak, leaving many traders wondering if now is the right time to buy the dip. Despite the recent pullback, Pepe still holds strong above its major short-term moving averages, indicating that the bulls are still in control of the market. Additionally, the meme
Paradise Tycoon, the multiplayer RPG game developed by Empires Not Vampires Ltd, has recently unveiled its highly anticipated Beta 2 version on May 15th. This latest update brings with it a range of new features and improvements designed to enhance the overall player experience. One of the standout additions in Beta 2 is the integration
The US Treasury Department is taking a proactive approach to address the risks posed by cryptocurrencies and other emerging technologies in the fight against illicit financing. With a focus on comprehensive regulation, the Treasury aims to mitigate the misuse of digital assets by illicit actors while promoting transparency and security in the financial system. In
Recently, France’s Autorité des Marchés Financiers (AMF) issued a warning to French crypto investors regarding the Bybit platform. The AMF stated that Bybit is not a registered platform in the country and urged retail investors to be cautious when considering investment proposals from the platform. Bybit, being the third-largest crypto exchange by trading volume according
The crypto market has been witnessing a significant shift in dynamics, particularly in the comparison between Ethereum’s Ether (ETH) and Bitcoin (BTC). More than 19 months after Ethereum’s Merge upgrade, it is evident that Ether is struggling to keep up with Bitcoin, with the ETH/BTC price ratio hitting a three-year low at 0.044. This trend
Bitcoin recently surged past $66,000, marking a significant milestone since April. One of the key factors believed to be driving this recent price rally is the release of inflation data. The Consumer Price Index (CPI) inflation data, announced on May 15, came in lower than expected, with a rise of 0.3% in April. This lower-than-expected