Author: News Room
A notable developer within the Dogecoin community, Mishaboar, has raised concerns over a Telegram bot named BonkBot. This bot, intended for cryptocurrency trading on the Solana blockchain, has an exploit, as reported. As posted on social media, Mishaboar’s caution centers around the potential dangers of employing bots to trade meme coins such as BONK. The developer’s alert is aimed at the vulnerabilities of custodian hot wallets used by these bots. Read the full article here
Solana-based shooter Nyan Heroes is offering double the “MEOW” points in its current play-to-airdrop campaign this weekend, 9 Lives Interactive said on Friday, providing added incentive for players to check out the current pre-alpha PC demo on the Epic Games Store. Gamers looking to participate in the boosted play-to-airdrop event have from March 30 until April 1 to earn double the standard rewards points for playing the game and completing missions, the company said. Nyan Heroes players can earn MEOW points for playing the game until the pre-alpha demo is removed from Epic Games on April 9, and those points…
Federal Reserve Chair Jerome Powell reassured the nation, asserting a strong stance against the looming fear of recession, while Bitcoin gains as a hedge. Powell’s confidence stems from analyzing current economic data and trends, disassociating from political influences often cloud economic forecasts. This assertion comes amidst a climate of skepticism toward monetary policy’s role in ensuring long-term economic stability. Recession Is Unlikely This Year Jerome Powell’s declaration aligns with his previous comments, underscoring the Federal Reserve’s commitment to data-driven decisions. The core PCE, stripping out the volatile costs of food and energy, rose by 2.8% over the past 12 months.…
Bitcoin Cash (BCH) has surged by more than 37% in the past seven days ahead of its upcoming halving event. BCH, a Bitcoin hard fork that spun off from BTC in 2017, is trading at $573.39, up from $418.46 one week ago. Bitcoin Cash’s halving date is currently slated for April 3rd, according to the hash rate marketplace NiceHash. BCH’s halvings occur every four years, at intervals of 210,000 blocks, and on April 3rd, Bitcoin Cash’s current block reward of 6.25 BCH will be slashed to 3.125 BCH. The 15th-ranked crypto asset by market cap is also up more than…
The Hong Kong-based crypto exchange HKVAEX, reportedly associated with Binance, withdrew its license application from the Securities and Futures Commission of Hong Kong (SFC) on March 28th. HKVAEX announced its intention to apply for a license in October last year while clarifying that it operates as a distinct entity from Binance under BX Services Limited in Hong Kong. However, there are shared resources between the companies, including the use of Binance servers for content retrieval, as indicated on the exchange’s website. According to the Securities and Futures Commission (SFC) website, HKVAEX withdrew its license application nearly three months after submission.…
Robert Kiyosaki, a financial expert, investor, also known as the author of the classic book on personal finance management “Rich Dad Poor Dad” has addressed his Twitter/X followers with a tweet revealing a new huge reason why it is a perfect time for buying Bitcoin now. “Another giant bank in China goes bust”, “time to get real Bitcoins” Robert Kiyosaki issued a large tweet stating that “another giant bank in China went bust.” Apparently, the “Rich Dad Poor Dad” author is referring to the erosion of the balance sheets of largest Chinese banks at the moment because of their real…
Cross-chain NFT marketplace Magic Eden, which recently jumped to the top of the pack amid growing interest in Bitcoin Ordinals, announced Friday that it plans to support the upcoming Runes fungible token standard on Bitcoin. “Ordinals, Rewards, Runes. The Future of BTC is on Magic Eden,” the marketplace tweeted along with a teaser video. The Rune protocol is set to launch on Bitcoin’s mainnet following the halving, which is expected to take place on April 20. The halving is the quadrennial event baked into the Bitcoin protocol that cuts in half the BTC miners receive for supporting the network. The…
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, allowing for a fairer and more transparent distribution of funds based on each project’s stage, growth prospects, and type. Phase two is set to end on April 3. What’s new?Grant Tracks.– Phase 3 will continue to focus on dApps but introduce a more…
Popular crypto analyst Xremlin, known on social platforms as @0x_gremlin, told his 104,000 followers that the altcoin season in 2024 could eclipse the monumental gains seen in 2021. Reflecting on the historical significance of major exchange listings, Xremlin emphasized, “Altseason 2024 > Altseason 2021. Your bags are headed to Valhalla.” During the 2021 altseason, altcoins such as Polygon (MATIC) and Solana (SOL) saw a staggering 300x increase, largely attributed to listings on Tier-1 centralized exchanges (CEXs) like Binance and Coinbase, according to him. “MATIC and SOL’s 300x was fueled by Tier-1 CEX listings. Binance/Coinbase listings = Billions in retail liquidity,”…
South Korea, which came to the fore with its parliamentarian’s suspicious cryptocurrency transactions, has now come to the fore with the cryptocurrency assets of senior judges. According to reports from local news agency NoCut News and Joongang Ilbo, it was revealed that some senior South Korean judges hold popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL). The information came to light after South Korea’s Supreme Court ruled that senior judges must make annual public disclosures about their financial assets to avoid potential conflicts of interest. According to the court decision, the statements that judges must provide…