Source: Dall•E 3 Bonk price, a cryptocurrency that has been making headlines in the digital asset market, is currently facing a challenging period. Despite the broader bearish market sentiment, Bonk has witnessed an 8% decline in its price over the last 24 hours, now trading at $0.00001097. This downturn is accompanied by a decreased trading volume […]
Polygon Labs Lays Off 19% of Staff Following Restructuring, Increases Workers’ Pay by 15%
Polygon blockchain developer Polygon Labs has cut 19% off its workforce, according to a blog post published by CEO Marc Boiron on Thursday. Polygon Labs Lays Off 60 Employees Boiron called the decision “difficult, but necessary” to ensure the team’s “extreme focus, diligence, efficiency and agility.” He claimed the company’s “rapid growth” due to the […]
What To Expect From Blockchain Gaming Companies in 2024
Meet the top blockchain gaming players in 2024. This piece highlights key companies employing blockchain for gaming benefits. Join us as we unveil the industry’s final say, shaping the future of blockchain gaming. The Frontier of Blockchain Gaming Focusing on blockchain gaming, some companies lead with unique strategies. These groundbreakers extend the realm of blockchain […]
Hong Kong Worldcoin Offices Visited Amid Privacy Investigation
The offices of the Worldcoin project, a biometric scanning and wallet initiative, have been visited by authorities in Hong Kong amidst a broad privacy investigation. The authorities, complying with a court warrant, advised the general audience to protect their sensitive data carefully and avoid casually providing their biometric information to third parties. Worldcoin Under Investigation […]
Bitcoin Ordinals Mint for Quantum Cats Delayed Again—What’s Going On?
Bitcoin-loving NFT collectors will have to wait a little longer to mint a Quantum Cats, organizers said in a tweet Wednesday night. The highly anticipated collection from Bitcoin Ordinals startup Taproot Wizards was initially meant to drop on January 30, but technical difficulties led to the event being pushed back to February 1. Taproot Wizards […]
Collapsed Genesis Agrees to Settle SEC’s Earn Lawsuit for $21M
Failed crypto lender Genesis has agreed to pay $21 million to settle a 2023 federal lawsuit alleging that the crypto company flogged unregistered securities. A Wednesday filing in the U.S. Bankruptcy Court in the Southern District of New York shows that Genesis will pay the cash to settle with the Securities and Exchange Commission (SEC). […]
Jupiter’s JUP Token Makes a Grand Entry With $700M Airdrop on Solana Blockchain
Jupiter successfully launched its JUP token. The airdrop, one of the largest in crypto history, distributed an astounding $700 million worth of JUP tokens to almost a million wallet holders. Jupiter’s JUP Token Airdrop Distributes to Nearly a Million Users The cryptocurrency world witnessed one of the largest token airdrops in its history on Jan. […]
Jupiter Founder Brushes Off Airdrop Backlash: ‘People Don’t Understand Anything’
Jupiter’s pseudonymous founder Meow has heard the complaints about yesterday’s massive JUP airdrop on Solana, and he insists the critics have got it all wrong. “You know what I realized, guys? How many people don’t understand anything,” Meow said today on Rug Radio’s live “FOMO Hour” about crypto influencers pushing back on the drop. “They […]
Valkyrie Becomes First Spot Bitcoin ETF to Diversify Coin Custody, Uses Coinbase and BitGo
Digital asset investment firm, Valkyrie, has become the first spot Bitcoin Exchange-Traded Fund (ETF) to diversify the custody of its coins, according to a recent Securities and Exchange Commission (SEC) filing. In a move to enhance security and reliability, Valkyrie is now working with leading custodian provider BitGo, already in addition to Coinbase, to safeguard their funds. […]
Bitcoin To $5 Million? S2F Model Predicts When This Will Happen
Using historical and future Bitcoin halving events, the Bitcoin Stock to Flow (S2F) live data chart model has pointed toward a BTC surge to unprecedented highs during the 2028 to 2032 halvings. Bitcoin To Hit $5 Million After 2028 Halving Crypto analyst Bit Harington recently shared insights in a post on X (formerly Twitter) about […]