The Arbitrum Foundation has officially opened applications for the third phase of its funding plan, which will run from April 15 to the end of June. The phase aims to support dApp projects across various domains, including games, NFTs, social platforms, DAOs, and defi applications. The foundation is adopting a more structured approach by introducing grant tracks,...
Caroline Pham, a CFTC commissioner, has publicly criticized her agency’s legal action against the crypto exchange KuCoin. The Commodity Futures Trading Commission, in collaboration with the U.S. Department of Justice, charged KuCoin on March 26 for unlawfully operating a digital assets derivatives exchange. The charge by the CFTC has sparked controversy, particularly regarding jurisdictional boundaries between the CFTC and its sister...
Bitcoin futures open interest surged to over $38 billion today, as BTC price increased 10% over the week. The surge reflects growing investor interest and speculative activity around Bitcoin’s future price movements. Binance, the world’s leading cryptocurrency exchange, reported its highest BTC open interest to date, at $8.4 billion. Record-setting open interest in Bitcoin futures comes as $15.1 billion...
A British court has issued a global freeze on $7.6 million of Craig Wright’s assets, effectively blocking him from transferring the funds abroad. A legal ruling earlier this month found Wright not to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin, contrary to his previous claims. Judge James Mellor presided over the lawsuit initiated by the Crypto Open Patent...
As Solana meme coins continue dominating the bull market, traders are shifting to a new niche of cat-themed tokens. The meme coin market cap has increased by 9% today, reaching nearly $70 billion. Within this sector, the market cap of Solana meme coins has increased by over 20% today, exceeding $8 billion. However, the top gainers in...
IDEX, the native token of the hybrid decentralized exchange (DEX) and market-making protocol of the same name, has increased 33% over the past 24 hours as it records a surge in investor interest. The crypto asset, often leveraged for gas fees and liquidity provision on the Idex exchange, had witnessed a generally bearish trend over the...
NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity. NFT Price Floor co-founder Nicolás Lallement shared with crypto.news his perspective on...
ParaSwap, a decentralized finance aggregator, has started returning crypto to users after fixing a critical vulnerability in its Augustus v6 smart contract identified last week. The smart contract bug emerged shortly after the contract’s introduction on March 18, aimed at improving swapping efficiency and reducing gas fees. However, the contract contained a critical vulnerability, allowing hackers...
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,...
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...
