The Ethereum network’s gas fees hit a six-month low, coinciding with a small weekend increase in ETH pricing. This, according to experts at crypto analytics platform Santiment, may be a precursor to a rebound in altcoins. Santiment recorded in an April 28 X post that the average cost of Ethereum
In response to the recent uptick in incidents of fraud and crimes using cryptocurrency, South Korea is contemplating establishing its Joint Virtual Asset Crime Investigation Unit, an official agency. Early in May, talks on this change are expected to begin between key Ministries of South korea. The unit is now
Friend.Tech, a widely popular web3 social app, is all set to roll out V2 release today (Monday), signaling its move beyond X (Twitter). Anticipation mounts within the community as they await updates on the potential FRIEND token airdrop. This SocialFi protocol, dubbed the “marketplace for your friends,” went viral in
As the crypto market shifts towards an uptrend and Bitcoin ETFs gain momentum, Australia is poised to ride the bullish wave in the crypto market with the imminent launch of Bitcoin exchange-traded funds (ETFs). This announcement follows in the footsteps of the US and Hong Kong lead; prominent issuers like
Bitcoin experienced a downward trend, hitting a 10-day low of $62,230.51, with trading volume increasing by 10% to $19 billion. Over the past week, it faced a 6% decrease in price, struggling to surpass the $64,000 mark. This lackluster performance coincided with a slight drop in Social Volume, indicating waning
An effort to have Roman Semenov, co-founder of Tornado Cash, dismissed from charges of conspiracy and money laundering has been opposed by the US Department of Justice (DOJ). It said that early-stage motions are not appropriate for bringing forward contested facts for jury consideration, as the defense had done in
Net flows for Bitcoin Spot ETFs in the US showed significant volatility for the week ending April 26, 2024. Additionally, when they lost momentum, these ETFs had a huge $328 million net outflow for the week. In addition, the Bitcoin price fell just before this outflow spiked, which may have
The zkSNACKs platform is now inaccessible to users in the US due to regulatory issues. The developer of the privacy-enhancing Bitcoin wallet Wasabi Wallet, zkSNACKs, has begun denying access to its services to those residing in the United States. Some users are unable to access the zkSNACKs website, which prevents
The new partnership between Polygon (MATIC) and Robinhood Wallet is a major step forward in Q2 2024 strategy. Users can use Polygon’s proof-of-stake network (PoS) to conduct cross-chain swaps in Robinhood Wallet. The partnership, which was unveiled on April 27, 2024, makes use of LI.FI and 0x Project technologies. Because
Former Grayscale Investments director Phil Bonello has lately shook up the cryptocurrency world with a slew of comments and forecasts about Bitcoin’s future. Furthermore, he provided comments about the wider cryptocurrency industry. Bonello indicated that the current adverse swing in Bitcoin’s price would lead to a huge fall. Among the
