Kelexo (KLXO), a new defi project is emerging as an attractive lending platform, drawing the attention of Dai (DAI) and Internet Computer (ICP) investors. Changing trends are a big part of trading and cryptocurrency trading is not an exemption. Investors have always moved with the tides to keep their heads above water. Good investors take advantage of...
Prominent Bitcoin (BTC) advocate and MicroStrategy Inc. chair Michael Saylor shared a chart on Saturday, March 23 comparing Bitcoin’s performance with traditional assets like the S&P 500, Nasdaq, gold, silver, and bonds. Saylor took it as an opportunity to assert Bitcoin’s supremacy in the investment landscape. According to the chart, Bitcoin has grown 432% in that time,...
The zkSync decentralized exchange project, ZigZag, has accused the decentralized gambling platform ZKasino of fraud, claiming that the money used to build ZKasino was stolen from the ZigZag Treasury. ZigZag founder Kedar Iyer called out ZKasino founders on X, saying: “They would claim they were taking money out to pay developers for building the ZigZag frontend,...
RippleX has reported a technical glitch affecting some Automated Market Maker (AMM) pools on the XRP Ledger (XRPL). The glitch has disrupted transactions within these pools. The RippleX team has alerted users through a post on X, advising against new fund deposits into AMM pools. Those holding liquidity provider (LP) tokens have been advised to withdraw their funds...
In anticipation of the forthcoming Bitcoin (BTC) halving event, thousands of outdated Bitcoin mining machines in the U.S. are being prepared for shipment to destinations abroad. According to Bloomberg, SunnySide Digital — a wholesaler in the crypto mining industry — is sending approximately 6,000 older Bitcoin mining machines to a warehouse it operates in Colorado Springs. The company plans...
Polygon disclosed that its zero-knowledge Ethereum Virtual Machine (zkEVM) beta faces downtime due to a sequencer issue. In a recent update on X, Polygon (MATIC) attributed the issue to a problem with the blockchain sequencer. Despite the setback, Polygon stated that other facets of its ecosystem, such as its proof-of-stake (PoS) network and chains developed with the Polygon software development kit,...
Last week, Terraform Labs founder Do Kwon grabbed headlines while spot Bitcoin ETFs witnessed a bearish turn. Meanwhile, Ethereum continues to come under regulatory scrutiny. Do Kwon released from prison A court in Montenegro denied Do Kwon’s appeal against his extradition to South Korea. However, Montenegro’s office of the prosecutor voiced against the development, asserting that Do Kwon’s extradition to...
Iceland Prime Minister Katrín Jakobsdóttir unveiled plans to pivot the country’s renewable energy efforts from crypto mining to agricultural development. In an interview with the Financial Times, Prime Minister Jakobsdóttir outlined her vision, emphasizing the importance of enhancing food independence and establishing a broader grid for renewable energy distribution across households and industries. The country is known for producing...
As the 2024 Bitcoin halving approaches, Bitcoin (BTC) is struggling to hold above $63,000, and the price is expected to drop even further in what is termed a “correction.” Crypto analyst Michael van de Poppe took to X to state that the current consolidation is a case of “peaking pre-halving,” and there is still time for...
Kraken UK managing director Bivu Das is calling for the introduction of Bitcoin exchange-traded fund (ETF) in the UK. Speaking during an interview at the Digital Asset Summit in London, Das stated that Bitcoin ETFs, which are restricted in the UK, can offer investors an opportunity to make decent returns. “The UK has always said it wants...
