Ride the Crypto Wave
On February 12, 2024, the price of the first cryptocurrency crossed the $49,000 mark, according to TradingView. At the moment, bitcoin reached the level of $49,824. The last time the asset’s exchange rate reached this mark was in December 2021. BitMEX exchange co-founder and crypto expert Arthur Hayes said that…
Bitcoin miner Riot Platforms said it is in the advanced stages of building a new cryptocurrency mining facility in the state of Texas, US. Riot’s Corsicana Facility is underway!⚡The 400MW substation is expected to be energized by the end of March 2024, and the first 100MW building, A1, will commence…
At the Sotheby’s auction held from January 12th to 22nd 2024, an NFT based on the Ordinals protocol was sold for $245,000. The digital artwork called Genesis Cat was created by Taproot Wizards team artist Francisco Alarcon. It is known that the final bid for the Genesis Cat lot exceeded…
ZetaChain project representatives confirmed an airdrop for early users: As part of the distribution, the ZetaLabs team plans to accrue 31.5 million ZETA tokens to users. Rewards will be distributed among 800,000 participants who were active on the testnet. It is known that users earned over 68 billion points. These…
US House of Representatives member Maxine Waters sent an open letter to Meta’s CEO and COO. In it, she urged the company to clarify its plans regarding the cryptocurrency sphere and expressed concern about the organization’s expansion into this market. In her appeal, Waters refers to Meta’s five trademark registration…
The Coinbase cryptocurrency exchange, Paradigm company, and a number of other digital asset market players have criticized the Financial Crimes Enforcement Network (FinCEN). The reason was recommendations to implement stricter rules for cryptocurrency mixers. On January 22nd, 2024, Coinbase representatives sent a letter to the regulator stating that FinCEN’s requirements…
On January 23rd, the native OKB token of the OKX cryptocurrency exchange fell by approximately 50%. At one point, the price reached $25, according to TradingView. Meanwhile, earlier in the morning the asset was trading near $52. At the time of publication, the OKB token’s price had risen to $46.…
The VETA Finance DeFi platform, which supports margin trading of digitally-focused products, attracted $2.85 million in investments. “On-chain Financial Platform VETA Finance Raises US$2.85 million in Strategic Funding Round led by Matrixport Ventures” The strategic funding round was led by Matrixport’s venture arm – Matrixport Ventures – with the participation…
The non-profit organization Avalanche Foundation, which previously announced investments in memecoins as part of the Culture Drive program, presented new project selection criteria. Foundation representatives noted the high value of memecoins for society due to user engagement and the culture they create. The team set criteria for selecting projects that…
On January 22nd, 2024, the net outflow of funds from spot bitcoin ETFs amounted to $77.35M, according to SoSo Value data. The leader in the volume of assets withdrawn is the cryptocurrency fund of Grayscale Investments company. The spot bitcoin ETF with the GBTC ticker lost $640.5M. According to analysts,…