A recent KPMG study shows a renewed enthusiasm among German investors for the cryptocurrency market. The latest uptick in investment comes after a challenging year for the sector and just as the market anticipates the upcoming Bitcoin halving event in mid-April 2024. The report, which surveyed approximately 2,400 private crypto investors across Germany, Austria, and Switzerland, sheds light...
dYdX is facing a chain halt amid a scheduled upgrade, marking its first major outage since the launch of its fourth version. Cosmos-based dYdX Chain stopped producing blocks on Apr. 8 shortly after the network underwent a scheduled upgrade to its fourth version. According to the project’s status page, the issue “continues to be investigated,” adding that it’s been...
Two malicious Google Chrome browser extensions allegedly drained $800,000 from a cryptocurrency investor going by the moniker “Sell When Over” on X. In a series of posts on X, the user speculated that the malicious extensions dubbed “Sync test BETA (colorful)” and “Simple Game” possibly contained Keyloggers that target specific wallet extension apps. Keyloggers are malicious applications used by...
Following a challenging period for crypto startups, venture capital investments saw a significant uptick in 2024. According to recent reports from Bloomberg, VC funds increased by nearly one-third from the end of last year. During the first three months of 2024, investments in crypto startups hit $2.5 billion, marking a 32% rise from the preceding quarter and...
OKX is set to list the Zeus Network’s ZEUS token for spot trading today, enabling ZEUS/USDT trades. The integration aims to leverage Solana’s scalability with Bitcoin’s security, enhancing possibilities for decentralized applications (dApps) and secure financial services. The Zeus Network, which leverages the Solana blockchain for improved interoperability, has successfully raised $8 million in a seed funding round led...
Synthetic dollar issuer Ethena Labs has announced the launch of claims for its new governance token ENA. The protocol, known for its yield-earning USDe token, is looking to distribute 750 million ENA tokens through an airdrop. The airdrop will see 5% of the token’s total supply flow into the market. Ethena Labs announced the development via an X post,...
Vitalik Buterin thinks ‘degen communism’ can make the crypto economy fairer and promote a common good amidst the market’s inherent chaos. The term ‘Degen communism’ merges the adventurous spirit of “degen” culture, known for its high-risk, high-reward investment strategies, with a structured approach to ensure that the fallout from market volatility disproportionately harms none. Advocating for this...
The Telegram messenger has unveiled a new revenue sharing system that allows channels’ owners to get 50% of revenue from ads displayed on their channels. In a blog post on Mar. 31, Telegram announced the launch of a new revenue sharing program that aims to bolster its platform’s appeal to content creators. Described as the “most generous reward systems in the...
Arrow Markets has launched a new platform for trading non-U.S. crypto options, aiming to simplify the trading process for users internationally. The initiative seeks to fill a gap in the market, akin to the role Robinhood plays in the U.S. for stock options trading, but focusing on the defi sector. Supported by Framework Ventures, Delphi Ventures, and Blizzard the...
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...
