The US Treasury’s Office of Foreign Assets Control (OFAC) took action against a developer at OKO Design Bureau on May 1, a Russia-based drone maker. OFAC sanctioned the developer and added three crypto addresses associated with the firm to the Specially Designated Nationals (SDN) list. According to OFAC’s press release, the OKO Design Bureau developer […]

It is not clear whether X will use any cryptocurrencies for payments (let alone XRP)

Panama City, Panama, May 2nd, 2024, Chainwire AppLayer has unveiled the fastest and most robust infrastructure for scaling Ethereum-based applications, a cutting-edge blockchain that not only delivers lightning-fast transaction speeds but also offers a new approach to Ethereum Virtual Machine (EVM) development for both DeFi and GameFi developers. AppLayer offers an EVM network that’s 10 […]

TL;DR JPMorgan maintains a cautious stance towards cryptocurrency markets due to several negative factors. A lack of positive catalysts, declining retail momentum, and other headwinds continue to impact the market. Analysis highlights the influence of retail investors in the recent sell-off in cryptocurrency markets. In a context marked by volatility and fluctuations in cryptocurrency markets, […]

An analyst has explained how the “fair value” of Bitcoin appears to be on track to achieve the $1 million milestone by 2035. Bitcoin Total User Count Could Forecast Fair Value Path Forward In a new post on X, analyst Willy Woo has discussed about how the fair value of Bitcoin could look like in […]

The Bitcoin price continues to trend below $60,000 as a 20% decline triggered a brutal market-wide crash. This has exposed multiple critical support points for the cryptocurrency, some of which the price has already fallen below. In light of this, a crypto analyst known as Norok has revealed the level the BTC price must not […]

Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement. The Bitcoin whale entity nicknamed “Mr. 100” has bought the Bitcoin (BTC) dip for the first time since the Bitcoin halving. Meanwhile, multiple market analysts […]

The Telegram-TON hookup opens up a broad spectrum of Web3 opportunities for Telegram’s 900 million monthly users, Pantera Capital said. Pantera Capital has invested an undisclosed amount in The Open Network (TON). It is the crypto-focused venture capital firm’s “latest” investment in TON and motivated by its connection to the Telegram messaging service, the company […]

PRESS RELEASE. Road Town, British Virgin Islands — May 2, 2024. EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new era of Web3 interoperability. The investment has been led by Curve Finance founder Michael Egorov — with the project recently attracting two […]

Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing the utility of crypto for customers using Coinbase’s services. Coinbase Adds Lightning […]