Author: News Room
Dune Analytics has partnered with Tron, a leading high-performance blockchain platform, to provide users with comprehensive data coverage, particularly in the stablecoin sector. Announced Wednesday, the collaboration will enable access to a wealth of information, including transaction volumes and smart contract interactions, via Dune’s analytical platform. The alliance is poised to deliver tangible benefits to analysts, developers, and blockchain enthusiasts by facilitating access to Tron’s data on Dune’s platform. The integration allows for the creation of custom dashboards and queries, as well as the use of existing visualizations to explore the network’s intricacies. Tron’s ecosystem is renowned for its scalability…
There has been a new development regarding the payment company X Payments, which will be included in the social media platform formerly known as Twitter and whose name was changed to X after Elon Musk’s acquisition. According to the latest information, X Payments will most likely not support cryptocurrency payments at launch. The company has not yet applied for the necessary virtual currency licenses that would allow its products to include virtual assets. Today, X Payments was granted a Check Sales and Money Transmitters license for Louisiana. However, Louisiana also requires a Virtual Currency Business License for products involving crypto…
A dormant Ethereum address holding a substantial amount of ETH has reawakened after over eight years, looking to take advantage of the recent uptrend. According to Whale Alert, a dormant Ethereum address containing 1,000 ETH worth $3,566,935 has just been activated after 8.7 years. 💤 A dormant pre-mine address containing 1,000 #ETH (3,566,925 USD) has just been activated after 8.7 years!https://t.co/s1VlbFY9td — Whale Alert (@whale_alert) March 29, 2024 Details of the Activation On-chain data shows that the address is a pre-mine address, which was created before Ethereum officially made its debut in 2015. Notably, the unlabeled address received 1,000 ETH…
In a recent OKX briefing, the crypto exchange platform continues to champion transparency and accountability within the dynamic crypto landscape. The report indicates 100% for all assets, ensuring that users’ funds are backed on a 1:1 basis. The milestone marks nearly a year and a half since the beginning of the program to improve Proof of Reserves verification. Currently, OKX users are able to verify the proof of reserves data and ascertain the exchange’s solvency at any time. In 2023, the platform incorporated several changes to the PoR system based on user suggestions. The changes led to the introduction of…
Bitcoin price is settling above the $70,000 mark almost two weeks after dropping to test $60,000 support. The halving in April is helping to keep the crypto market steady, with BTC likely to rise to a new all-time high, targeting the $80,000 level pre-halving. In addition to booking early positions in Bitcoin, investors are also considering strategic altcoins to diversify their crypto portfolios, including leading meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB). Read the full article here
Judge Katherine Failla’s decisions in the Coinbase Vs US SEC lawsuit were significant developments for both parties and on the crypto regulatory front. However, the ruling was a partial but big win for the SEC. Former SEC enforcement chief John Reed Stark highlights Judge Failla completely disagreeing with Judge Torres’ ruling in the Ripple Vs SEC that secondary sales of XRP can’t be investment contracts or unregistered securities. Read the full article here
Bitwise Asset Management (aka “Bitwise Investments”) has filed with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ethereum ETF. In a March 28 filing, Bitwise filed a Form S-1 registration statement with the SEC for shares of its spot Ethereum ETF. The filing came amid speculation that the SEC was seeking to label Ether a security under its regulatory purview, putting future listings of spot ETF ETFs into doubt. Based on a 19b-4 amendment filing with the SEC, Bitwise intends to list shares of the ETH investment vehicle on NYSE Arca. The…
In a striking turn of events, gamers, particularly those bending the rules in Call of Duty, find themselves in the crosshairs of a sophisticated malware campaign. An unknown threat actor deployed this malware. It targets users of pay-to-cheat services in games. This leads to unauthorized transactions and compromised accounts. Activision Blizzard Teams Up with Cheat Makers to Battle Malware Theft The initial alarm was raised by a Call of Duty cheat provider, PhantomOverlay, upon noticing unauthorized purchases on user accounts. This discovery quickly unraveled a wider web of compromised accounts across various gaming platforms, including Battlenet and Activision, with over…
Bitcoin Cash (BCH) is experiencing a surge in trading activity and open interest ahead of its second halving event set for April 4, with open interest in futures perpetual contracts reaching a record high of $708 million, an increase from the previous peak in May 2021. The increase in open interest and trading activity is […] Read the full article here
On March 28, Into The Cryptoverse CEO Benjamin Cowen postulated whether the current Bitcoin market cycle is normal or a “left-translated” one, where the peak occurs earlier than usual. Bitcoin has already notched up a new all-time high and it is still three weeks to go until the halving. This has introduced the possibility of this cycle peak coming much earlier than previous ones, which happened in the year following the halving event. Fed Rate Cut Influence If Bitcoin markets pull back after any Federal Reserve rate cuts, it could put it back on track with prior cycles, potentially peaking…