• Thu. Oct 31st, 2024

Month: October 2024

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  • Russian ‘Crypto Queen’ to Face $23m Fraud Wrap

Russian ‘Crypto Queen’ to Face $23m Fraud Wrap

The self-styled Russian “crypto queen” Valeria Fedyakina, aka “Bitmama,” will face multiple counts of “large-scale” fraud. Fedyakina denies the charges, and her legal team has asked a court to release…

Top Crypto Gainers Today on DEXScreener – KIRI, CP, SHEGEN

It was an ugly start to the week for major cryptocurrencies, which pulled back quite sharply in wake of their recent push higher, though that didn’t dent traders’ appetite to…

Japan’s DMM Crypto Secures Funding, Eyes ‘Global Expansion’

The Japanese crypto exchange operator DMM’s blockchain gaming and NFT arm DMM Crypto says it has received funding from Neoclassic Capital and others as it eyes “global expansion.” Per a…

Tether-Owned AI Company Considers Selling Bitcoin Mining Arm

Northern Data AG, a German infrastructure company specializing in cryptocurrency and artificial intelligence, announced on Monday that it is exploring a potential sale of its Peak Mining unit to refocus…

VanEck Enables Solana ETP Staking in Europe

Asset management company VanEck announced on October 21 that its Solana exchange-traded note (ETN), launched in the European market, has successfully enabled the staking function. The ETN’s asset management scale…

Transak Discloses Ransomware Hack As Stormous Claims Responsibility

Fiat-to-crypto payment gateway Transak was reportedly the victim of a hack on October 20 by ransomware collective Stormous, putting thousands of users’ data at risk. Transak Falls Victim To Hack…

Crypto Investment Products Record $2.2 Billion Inflows: CoinShares

Cryptocurrency investment products recorded a major spike in inflows last week, reaching $2.2 billion, the highest inflow recorded since July. U.S. Election Optimism Drives Inflows According to CoinShares’ Digital Asset…

Is Saylorism Dead? Microstrategy CEO Goes 180 On His Bitcoin Stance

Michael Saylor has turned into everything he swore to destroy. Microstrategy’s Chairman and unequivocal Bitcoin permabull said in an Oct. 20 interview that bitcoiners don’t need to hold their own…

Scroll to Airdrop SCR Tokens on October 22

Ethereum Layer 2 network Scroll has released the details of its highly anticipated airdrop, with a launch date of Oct. 22. Over 570,000 wallets will be eligible to receive 5.5%…

Ethereum Outperforms Bitcoin Despite Sluggish ETF Flows

Ethereum has been slow to keep up with this cycle’s bull trend, but it’s been slowly catching up lately. ETH is up 8% over the past fortnight, outpacing the grandfather…

Apecoin and BAYC NFTs Rally on ApeChain Launch

Following the launch of ApeChain, the Ethereum Layer 3 network built by Yuga Labs, the ecosystem’s APE token and Bored Ape Yacht Club NFTs are surging. Bored Ape NFTs are…

ApeCoin Rockets Up 100% as New Project Raises $21M – Could It Be the Next Big Play?

ApeCoin price soared over the weekend, doubling in value as the launch of the Apechain bridge reversed a year of decline. But what does 2024 hold for APE crypto? Are…

Obscure Meme Coin Nets Trader $365,000 From Just $684 – Here’s Which Coin Could Pump Next

In an astonishing turn of events, a meme coin trader struck gold by turning a mere $684 investment in the obscure meme coin FartCoin ($FRTC) into a staggering $300,000 profit.…

EU Launches ‘Trusted Investors Network’ to Boost Deep Tech Startups With $100 Billion Fund

The European Commission launched a new initiative called “Trusted Investors Network” on October 21 to support growth in Europe’s deep tech sector. The Trusted Investors Network, backed by the European…

Crypto Markets Erase Weekend Gains as Rising Treasury Yields Dampen Risk Assets

Crypto markets turned sharply lower on Monday, erasing weekend gains fueled by the SEC’s approval of options trading for Bitcoin exchange-traded funds (ETFs). On Oct. 18, the SEC granted accelerated…