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 […]
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 […]
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 […]
Grayscale has unexpectedly withdrawn its application for an Ethereum (ETH) futures exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC).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 […]
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, […]
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 […]
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 […]
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 […]
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. […]