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Category: News

Stay updated with the latest news on cryptocurrencies and blockchain. Learn about the newest trends and events in the world of cryptocurrencies.

  • RIOT PLATFORMS TO LAUNCH FIRST MINING CENTER AT 400 MW FACILITY IN MARCH 2024

    RIOT PLATFORMS TO LAUNCH FIRST MINING CENTER AT 400 MW FACILITY IN MARCH 2024

    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…

  • Bitcoin-Based NFT Sold for $254,000 at Sotheby’s Auction

    Bitcoin-Based NFT Sold for $254,000 at Sotheby’s Auction

    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 Team Announces Airdrop for Early Users

    ZetaChain Team Announces Airdrop for Early Users

    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 Congress Expresses Concern Over Meta’s Cryptocurrency Plans

    US Congress Expresses Concern Over Meta’s Cryptocurrency Plans

    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…

  • Coinbase and Paradigm Criticize FinCEN Over New Rules for Cryptocurrency Mixers

    Coinbase and Paradigm Criticize FinCEN Over New Rules for Cryptocurrency Mixers

    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…

  • OKX Launches Investigation After OKB Token Drops 50%

    OKX Launches Investigation After OKB Token Drops 50%

    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.…

  • Startup VETA Finance Attracts $2.85M in Investments

    Startup VETA Finance Attracts $2.85M in Investments

    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…

  • Avalanche Foundation Outlined New Criteria for Selecting Memecoins

    Avalanche Foundation Outlined New Criteria for Selecting Memecoins

    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…

  • In a Day, the Net Outflow of Funds from Spot Bitcoin ETFs Exceeded $77M

    In a Day, the Net Outflow of Funds from Spot Bitcoin ETFs Exceeded $77M

    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,…

  • Masa Network Attracts $5.4 Million in Investments

    Masa Network Attracts $5.4 Million in Investments

    The Masa Network company has announced raising $5.4 million in investments. The seed funding round was led by Anagram Crypto with participation from Avalanche Blizzard Fund, Digital Currency Group, GoldenTree and others. It is known that Masa Network will use the new capital to create a decentralized network on Avalanche,…