Browsing:Crypto

Huddle01 Welcomes Shruti Appiah as Chief Economist
2 months ago 3 mins read

Huddle01 Welcomes Shruti Appiah as Chief Economist

Middletown, Delaware, February 17th, 2024 Decentralized video conferencing company Huddle01 brings onboard Shruti Appiah as their first Chief Economist. Appiah brings a wealth of expertise and vision to the Huddle01 team as a pioneer in the field of crypto-economic system design and her prior work as a strategic product leader at some of the most impactful blockchain firms. Huddle01 offers decentralized, community-driven conferencing solutions. It launched an innovative decentralized real-time communication (dRTC) Network that prioritizes user-powered web communication, enabling anyone to provide communication bandwidth and earn rewards. The Huddle01 dRTC Network will be open to all participants and operates on a self-sustaining basis. Through

Hypeloot com Announces The Launch of Its Utility Token $HPLT
2 months ago 3 mins read

After Crossing 100,000 Active Users, Hypeloot.com Announces The Launch of Its Utility Token $HPLT

Nicosia, Cyprus, February 15th, 2024, Hypeloot is proud to announce that it has processed over 50 million bets for over 100,000 Users worldwide, since it’s established in 2022. Being one of the fastest growing Cryptocurrency casinos, Hypeloot releases new game modes almost every week and has experienced a recent surge in growth which is likely to accelerate. Hypeloot adds some of the most popular Casino games but is also not afraid to add an innovative touch to the platform by developing new games that are gaining a lot of popularity, for example, the Plinko game with a 100.000X multiplier, making it the first-ever

Magic Square Launches Engage-To-Earn Campaign With $750K Prize Pool
2 months ago 3 mins read

Magic Square Launches Engage-To-Earn Campaign With $750K Prize Pool

Road Town, BVI, February 12th, 2024 Web3 app store Magic Square has announced a new user rewards program with one of its largest prize pools to date. 1.5 million $SQR tokens, worth over $750,000, have been allocated for the program which is set to go live today, February 12. Community engagement platform Zealy will host and coordinate the campaign, ensuring a slick and seamless experience for all participants. To qualify for the campaign and be eligible for rewards, participants are required to sign up as Magic Store Members and maintain active engagement within the store. In addition to the Campaign

South Korea intends to impose more regulations on the executives of crypto companies
3 months ago 1 min read

South Korea is set to enforce a new regulation requiring crypto companies

A new rule requiring executives of crypto companies to get prior approval from the Financial Services Commission (FSC) is about to go into effect in South Korea, which is a big step in the direction of tighter regulation of the crypto market. South Korea intends to impose more regulations on the executives of crypto companies, mandating that they obtain authorization from the FSC, the nation’s financial regulator, before commencing their positions. By the end of March 2024, this new rule—which is a part of proposed changes to how crypto services report their activities—will be in effect. The FSC stated on

Bracket Labs Expands Cross-Chain to Deliver Volatility Trading Product, Passage, to BNB Chain’s 1+ Million Users
3 months ago 3 mins read

Bracket Labs Expands Cross-Chain to Deliver Volatility Trading Product, Passage, to BNB Chain’s 1+ Million Users

Panama City, Panama, February 1st, 2024 Integration Comes on the Heels of $2 Million Investment Led By Binance Labs Bracket Labs, a leader in on-chain volatility trading, announces the integration of its trading product, Passage, with BNB Chain, expanding Bracket’s simple, one-click trading platform to the most active trading blockchain in Decentralized Finance. Crypto markets cyclically fluctuate through long periods of sideways trading followed by short periods of volatility. To take advantage of these conditions, Bracket innovates on traditional financial instruments and delivers an all-new leveraged trading product for volatility that is ideal in both sideways and trending markets.  With

Global Blockchain Show 2024
3 months ago 3 mins read

Global Blockchain Show 2024: Rising at Supersonic Speed

MD – Global Blockchain Show 2024 gets more attention from industry leaders as more speakers and organizations join the blockchain movement. From 16–17 April 2024, Dubai will witness a large gathering at Grand Hyatt Dubai with the VAP Group’s Global Blockchain Show 2024, where Blockchain experts will unite to share their insights about Web3 for business, blockchain for enterprises, crypto, DeFi, digital assets, tokens, NFTs, Metaverse, and other decentralized gaming and applications.  More than 7000 attendees and 300 speakers will come under one roof to create an exceptional platform for panel discussions, presentations, project showcases, knowledge sharing, leadership sessions, networking

the much-anticipated Bitcoin L2 solution Merlin Chain went live on its testnet
3 months ago 9 mins read

Unlocking Bitcoin’s Potential: Introducing Merlin Chain, a Native L2 Solution

NewYork, United States, January 31st, 2024 This week, the much-anticipated Bitcoin L2 solution Merlin Chain went live on its testnet, while its mainnet is scheduled to be launching within a month as well. Bitcoin’s Network Congestion Dilemma and Scaling Solutions The evolution of Ordinals over the past year has brought the attention back to the Bitcoin ecosystem after a long period. While enhancing the excitement of the bitcoin ecosystem, it has also increased the exhaustion of network resources. The increasingly high cost of transactions, coupled with the rising price of Bitcoin itself, has added further congestion to the network and

German authorities reportedly seized 50,000 bitcoins
3 months ago 1 min read

German authorities reportedly seized 50,000 bitcoins, worth around $2.17 billion

German authorities reportedly seized 50,000 bitcoins, worth around $2.17 billion. This is the largest crypto seizure in Germany, and it marks a significant development in the ongoing fight against cybercrime. The seizure is linked to the operation of a piracy website in 2013, which flagrantly violated the Copyright Act. The illicit proceeds from this operation were later converted into bitcoin. According to an official police statement, one of the two suspects in the case voluntarily transferred the entire Bitcoin value of $2.17 billion to the Federal Criminal Police Office (BKA). While the suspects are currently being investigated for possible commercial

Sui (SUI) Rockets to All-Time High
3 months ago 1 min read

Sui (SUI) value has exploded by over 90% in the past 28 days

Sui’s (SUI) rise is further supported by rising Total Value Locked (TVL) metrics within the Sui network and a remarkable increase in on-chain trading volume. According to DefiLlama data, TVL has reached an all-time high of around $420 million, demonstrating growing confidence and engagement in the Sui ecosystem. Furthermore, trading volume has remained consistently high, with the last recorded dip below $50 million occurring on January 25. Crucially, SUI’s remarkable rise coincides with a broader market recovery. Leading cryptocurrencies have seen significant gains in the last 24 hours. Bitcoin (BTC) reached a three-week high near $44,000, while Ethereum (ETH) comfortably

Dark Web Drug Lord's $150 Million Crypto Empire Unveiled
3 months ago 2 mins read

Dark Web Drug Lord’s $150 Million Crypto Empire Unveiled: A Digital Age Drug Trafficking Saga

Banmeet Singh, a 40-year-old Indian national, has admitted to orchestrating a massive narcotics enterprise across continents. His admission comes after the largest crypto and cash seizure in the history of the United States Drug Enforcement Administration (DEA), totaling a staggering $150 million in forfeited crypto assets. Singh’s criminal enterprise, which features sophisticated use of the dark web and crypto, sheds light on the changing landscape of criminal networks in the digital age. Singh’s digital storefronts, which operated on notorious marketplaces such as Silk Road 1 and 2, Alpha Bay, Hansa, and others, sold controlled substances such as fentanyl, LSD, ecstasy,

A report indicates a significant 27.78% decrease in cyber theft in the crypto space in 2023
3 months ago 1 min read

Cyber Theft in Crypto Sees Significant Drop in 2023, With $674 Million Recovered: PeckShield Report

Blockchain security firm PeckShield has released a report indicating a significant 27.78% decrease in cyber theft in the crypto space in 2023, with losses totaling $2.61 billion. This represents a significant improvement over the previous year, when cyber theft totaled more than $3.6 billion. Interestingly, the report highlights a significant recovery effort, with more than $674 million recovered from stolen funds. This represents a 25% recovery rate, a significant increase over 2022, when only $133 million was successfully recovered. Negotiations with hackers and the implementation of bug bounty programs by the affected crypto firms were credited with accelerating the recovery.

Web3 Gaming Solution Immutable zkEVM Launches On The QuickNode Platform
3 months ago 3 mins read

Web3 Gaming Solution Immutable zkEVM Launches On The QuickNode Platform

Miami, USA, January 30th, 2024 QuickNode, a blockchain infrastructure platform that helps scale DApps and provides high-performance access to blockchains, announced the launch of Immutable zkEVM, a Layer 2 blockchain designed for gaming projects. Immutable zkEVM will provide Web 3 gaming developers with seamless building tools, combining the compatibility of Ethereum Virtual Machine (EVM) with high scalability and Ethereum-grade security for web3 games.  By incorporating Immutable zkEVM into QuickNode’s ecosystem, the team aims to elevate the gaming experience for developers and players alike, pushing the boundaries of web3 gaming with robust, scalable, and secure blockchain solutions. This first-of-its-kind technology is a step

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