Author: News Room
The Brooklyn District Attorney’s office has seized 21 web domains associated with fraudulent cryptocurrency investments and “pig butchering” scams. The operation targeted scams known as “pig butchering,” where scammers gain victims’ trust through dating apps or other platforms and manipulate them into making bogus investments, The Associated Press reported Thursday. “Pig butchering is a growing type of scam that defrauds residents of Brooklyn and the entire country out of billions of dollars every year,” Brooklyn District Attorney Eric Gonzalez said in a statement: “My office’s strategy is to disrupt these schemes by seizing and shutting down their online infrastructure, and…
Disclaimer: This article is sponsored content and should not be considered as financial or investment advice. Always do your own research before making any financial decisions. The opinions expressed in this article are those of the author and do not necessarily reflect the views of CryptoGlobe. Scorpion Casino is making waves in the online gaming and cryptocurrency worlds, as this recently launched platform is merging the thrill of casino games with the possibilities of digital currency investments. Their pre-sale event, designed to fuel the platform’s growth, has garnered significant attention, exceeding $10 million raised from over 20,000 participants, and has…
Chainlink (LINK) appears poised for a significant correction in the near future, attributed to the emergence of a bearish reversal pattern. However, sellers should exercise caution. This anticipated downturn may encounter resistance, potentially moderating the extent of the correction. Chainlink Investors Are Pulling Back Chainlink price corrected over the last few days, bringing the altcoin to trade at $17.2 at the time of writing. This drawdown is expected to extend further owing to multiple factors, including the receding participation of investors. The addresses conducting transactions on the network have noted a nearly 44.7% decline in the last two weeks, falling…
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended to become the fifth-largest stablecoin by market capitalization, now valued at over $2 billion. USDE to Utilize Bitcoin as Collateral An update shared by Ethena […] Read the full article here
[PRESS RELEASE – Singapore, Singapore, April 5th, 2024] Aethir, a pioneer in decentralized GPU cloud infrastructure announced a strategic partnership with Meta48, a leader in immersive metaverse environments. This collaboration aims to revolutionize extended reality (XR) by providing users with smooth, lag-free experiences worldwide. “The collaboration between Aethir and Meta48 is a testament to both companies’ commitment to advancing the XR sector. It builds on Aethir’s recent partnership with Well-Link Tech, focusing on joint R&D efforts to enhance GPU rendering services for the metaverse and MR applications,” said Mark Rydon, Co-Founder and CEO at Aethir. Aethir’s mission to provide enterprise-grade…
While the Bitcoin halving is among the most important events of 2024, it is eagerly awaited. At this point, while the halving is expected to be an important catalyst on the BTC price, a new report came from Coinbase. Speaking to The Block, Coinbase analysts said that the Bitcoin halving may have already been priced into the market. Coinbase analysts David Duong and David Han stated that the BTC halving may have been priced into the rally in March and said: “The latest rally may be the first halving cycle in which Bitcoin breaks its all-time high before the halving.…
Liquid staking is a major breakthrough in the blockchain ecosystem as it addresses the liquidity challenges experienced in the conventional staking systems. While traditional staking entails locking my assets for a set duration to secure the network and claim the rewards, liquid staking is an innovative process that enables users to stake their resources while retaining their liquidity. The guide seeks to provide a broad perspective of the liquid staking concept. It includes its mechanics, implications, leading providers and its potential future in the blockchain sector. Understanding Liquid Staking Liquid staking, as its name suggests, refers to the process of…
Ec³, a decentralized physical infrastructure network (DePIN) for green energy storage, has joined officially the peaq ecosystem. It represents a new type of sustainability, as the use of solar power is incentivized and participants are rewarded with token rewards. Ec³ draws strength from the growing trend of the world carbon offsets market. It is expected to reach over $1.6 trillion by 2028. However, it focuses on a gentle approach from the industry to the environment. Welcome to the peaqosystem, @Ec3_DeEnergy ⚡️Ec³ is an energy #DePIN enabling people and businesses to earn rewards for using solar power 🌤️🔋Set to launch their…
Crypto enthusiast Dan Gambardello, who is also the founder of Crypto Capital Venture, said that he has used both Solana (SOL) and Cardano (ADA) and prefers the latter in any case. Around 75% of Solana transactions failing.Let me start by saying to be 100% fair, I was trading a newly launched token the other day on Cardano, and the transactions took longer than I would have liked there as well.All these chains have a ton of progress to be made.While… pic.twitter.com/aSBSzfBqfe — Dan Gambardello (@cryptorecruitr) April 4, 2024 In a post on social media platform X (formerly known as Twitter),…
Leading American trading platform Uphold has unveiled a new crypto investment basket featuring XRP and other financial-based tokens. In a recent post on X, Uphold announced pushing out a new finance basket on its platform featuring six assets, including XRP. For context, crypto Baskets on is a system that seeks to simplify the challenges of building a robust cryptocurrency portfolio. It cuts the process of navigating through thousands of crypto assets to pick worthy investment instruments. Essentially, Uphold Baskets equip users with a one-click route for crypto portfolio diversification, containing carefully selected crypto assets within a “basket.” Uphold launched this…