On July 23, Mt. Gox started transferring funds again, this time sending over $3.2 billion worth of 47,500 Bitcoin to two anonymous addresses. Arkham Intelligence claims that Mt. Gox has 90,344 Bitcoins (BTC) valued at $6.02 billion; however, this information is out of date; the actual value of Mt. Gox’s
July 23, 2024 1 min read
Monday saw the biggest net inflow of $526.7 million for BlackRock’s IBIT, the biggest spot bitcoin exchange-traded fund by net asset value, since March 13. Net inflows of $533.57 million were recorded by ten U.S spot bitcoin ETFs yesterday, with the exception of Bitwise’s BITB, as reported by SoSoValue. Following
July 23, 2024 1 min read
Charles Hoskinson, co-founder of Cardano, has proposed a new name—Tasseled Wobblegong—for individuals who have been finding it difficult to remember the names of the several hard forks that have occurred on the Cardano network. It lives on coral reefs and is a kind of carpet shark. These sharks are renowned
July 22, 2024 1 min read
The world’s second-largest cryptocurrency exchange by trading volume, Bybit, is hosting a livestream event called “Crypto Games 2024: What’s Hot, What’s Not in Crypto.” Crypto aficionados are invited to join in on the fun! On July 23 at 8am UTC, 4pm SGT, and 12pm Dubai Time, the livestream will delve into
July 22, 2024 2 mins read
According to Ripple CEO Brad Garlinghouse, the firm’s protracted legal battle with the SEC is nearing its conclusion. He recently dropped hints in an interview that the private meeting on July 25th will be the last straw in the long-running battle between Ripple and the SEC. An ongoing dispute between
July 21, 2024 2 mins read
Despite the market volatility and the disappointing CrowdStrike failure, the Bitcoin (BTC) mining hashrate has stayed relatively unchanged. This hashrate really saw a significant uptick, which happened to coincide with the current uptick in the price of Bitcoin. The current Bitcoin mining difficulty is estimated at 82.05 trillion, according to
July 21, 2024 1 min read
Subaccount, an industry-first mechanism that enables users to take part in numerous campaigns at once, is the new competition mechanism that Bybit, the second-largest cryptocurrency exchange in the world based on trading volume, is launching this summer. The inaugural trading competition event using this new standard is the Subaccount Summer Gold
July 18, 2024 2 mins read
Arthur Hayes, a co-founder of BitMEX, has made an important announcement about Maelstrom, his early-stage investment fund. Hayes announced the launch of the company’s first Bitcoin developer grant program in a post on X today, July 17. There has been a flurry of activity in the sector as a whole
July 17, 2024 2 mins read
In an effort to improve user experience and streamline onboarding, Web3 wallet XDEFI has announced a rebranding to become Ctrl, a new non-custodial wallet. Millions of users will find it simpler to access web3 and start their on-chain journey with Ctrl. With this launch, XDEFI will introduce its next-generation Ctrl wallet
July 17, 2024 2 mins read
Pixelverse, a Web3 gaming platform, will bring the Pudgy Penguin character to its Telegram mini-game. In the PixelTap game, the adorable character that serves as the face of the popular Pudgy Penguins NFT collection will take center stage. Pudgy will appear on PixelTap, with other popular crypto favorites like Doge and Mew, the cat that
July 16, 2024 2 mins read