News

Onchain Heroes: The Blockchain Gaming Gift We’ve Been Waiting For?
NFT

Onchain Heroes: The Blockchain Gaming Gift We’ve Been Waiting For?

Onchain Heroes is an ambitious project set to redefine the future of Web3 gaming. Launching on Abstract Chain in Q4 2024, this innovative idle RPG combines blockchain technology with strategic gameplay, creating a fully decentralized and verifiable experience. With over 10,000 community members and support from seven renowned investors, Onchain Heroes is positioned as a […]

Dec. 10, 2024
Major Crypto Projects to Unlock $755 Million in Tokens This July
Crypto

Major Crypto Projects to Unlock $755 Million in Tokens This July

The cryptocurrency market is set to experience a significant influx of tokens this month, with major projects unlocking assets worth approximately $755 million. This mass release of tokens is poised to impact the market dynamics considerably, as over 40 projects conclude their vesting periods. Key Token Unlocks AltLayer (ALT): The largest unlock will occur on […]

Jul. 26, 2024
HSBC Australia Halts Crypto Payments Amid Scam Concerns
Crypto

HSBC Australia Halts Crypto Payments Amid Scam Concerns

In a significant move reflecting the growing apprehensions within the financial sector, HSBC Australia has announced a complete block on payments to cryptocurrency exchanges. This decision stems from the bank’s increasing concerns over the rise in fraudulent activities associated with digital currencies. The measure aims to protect customers from potential scams and ensure the security […]

Jul. 25, 2024
Ethereum ETF Application Withdrawn by Grayscale Ahead of SEC Decision

Ethereum ETF Application Withdrawn by Grayscale Ahead of SEC Decision

Grayscale has unexpectedly withdrawn its application for an Ethereum (ETH) futures exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). The applicant’s withdrawal would have compelled the securities regulator to make a decision on the application three weeks earlier. The cryptocurrency asset manager filed a notice to withdraw the Grayscale Ethereum Futures […]

May. 8, 2024
Bitcoin’s 200-Day Moving Average Hits All-Time High, Bullish Outlook
Bitcoin

Bitcoin’s 200-Day Moving Average Hits All-Time High, Bullish Outlook

A key technical indicator traders and analysts use to predict Bitcoin’s long-term price trends has reached an all-time high, suggesting a bullish outlook for the cryptocurrency’s future. Bitcoin’s 200-day moving average, which aims to smooth out short-term price fluctuations by taking the average of the last 200 days’ closing prices, hit $50,178 on May 6th, […]

May. 7, 2024
Grayscale’s Spot Bitcoin ETF Sees Second Day of Net Inflows
Bitcoin

Grayscale’s Spot Bitcoin ETF Sees Second Day of Net Inflows

Grayscale’s spot Bitcoin exchange-traded fund (GBTC) saw its second daily net inflows on May 6, drawing in $3.9 million into the converted trust, according to data from Farside Investors. As a result, the overall US spot Bitcoin ETF market recorded net positive inflows of $217 million. GBTC ended its 78-day streak of net outflows last […]

May. 7, 2024
A Bitcoin Whale Moves Millions After 10-Year Slumber
Bitcoin

A Bitcoin Whale Moves Millions After 10-Year Slumber

In a surprising move on Monday, a Bitcoin whale awoke from over a decade of dormancy to transfer their stack worth tens of millions of dollars. This came amidst a steady Bitcoin rally over the weekend that saw the cryptocurrency’s price surge above $64,000. Bitcoin, the largest crypto asset by market cap, made a remarkable […]

May. 6, 2024
Coinbase Faces New Lawsuit Over Alleged Securities Sales Deception
Crypto

Coinbase Faces New Lawsuit Over Alleged Securities Sales Deception

Coinbase, one of the leading cryptocurrency exchanges, and its CEO, Brian Armstrong, face a new legal challenge. A new class-action lawsuit alleges that investors were misled into purchasing securities and that the company’s business model violates state laws. The lawsuit, filed in the United States District Court for the Northern District of California San Francisco […]

May. 6, 2024
Bitcoin Network Reaches One Billion Transactions, 15 Years After Its Launch
Blockchain

Bitcoin Network Reaches One Billion Transactions, 15 Years After Its Launch

Bitcoin network has officially surpassed one billion processed transactions. According to data published on Clark Moody Bitcoin, one billionth transaction was processed in block 842,241 at 9:34 pm UTC on May 5.  This achievement comes exactly 15 years, four months, and four days after the pseudonymous founder, Satoshi Nakamoto, mined Bitcoin’s first block on Jan. […]

May. 6, 2024