Author: News Room
In a revolutionary moment for the world of digital communication, today the first email was successfully sent on the Solana blockchain, marking a historic milestone in the evolution of decentralized communication. By leveraging the innovative SolMail protocol, users can now send and receive emails seamlessly using just a wallet address, ushering in a new era of secure and decentralized communication on the Solana network. SolMail: the protocol that allowed the first email to be sent on the Solana blockchain Efficiency in simplicity: SolMail Conclusions SolMail: the protocol that allowed the first email to be sent on the Solana blockchain Solana,…
Recently, a substantial transfer of 2.6 trillion PEPE tokens from a major cryptocurrency exchange has caught the attention of investors and analysts alike. According to Whale Alert, 2,635,658,884,119 PEPE worth $21,108,992 were transferred from the KuCoin crypto exchange to an unknown wallet. The reason for the move might not be farfetched, as crypto exchange KuCoin saw significant crypto withdrawals over the past 24 hours, and assets under management (AUM) fell 20% as the trading platform faced charges from U.S. regulators. 🚨 2,635,658,884,119 #PEPE (21,108,992 USD) transferred from #Kucoin to unknown wallethttps://t.co/N1TRfokBDb — Whale Alert (@whale_alert) March 27, 2024 As reported,…
Ether.fi (ETHFI) token price has gone parabolic in the past few days. The token surged to an all-time high of $6.80, much higher than its all-time low of $0.23. This surge has brought its total market cap to over $708 million, according to CoinMarketCap. Ether.fi has had a remarkable growth rate in the past few weeks, making it one of the fastest-growing platforms in the crypto industry. Data compiled by DeFi Llama shows that the network has grown its total value locked (TVL) has jumped to over $3.17 billion. It has over 847k ETH in its ecosystem. Ether.fi total value…
SIX-listed TONN will offer investors staking rewards without having to set up their own node. TON is the native token of The Open Network, which is the blockchain of choice for Telegram’s Web3 infrastructure. Telegram started work on TON in 2018, later abandoning it following action from the SEC. Crypto asset manager 21Shares listed an exchange-traded product (ETP) for staking toncoin (TON), the token of The Open Network, which has received endorsement of messaging app Telegram. The 21Shares Toncoin Staking ETP (TONN), which listed on Swiss SIX Exchange on Wednesday, will offer investors staking rewards without the hassle of setting…
Shiba Inu (SHIB) has finally conquered the $0.00003 price threshold, with a push to breach a 2-week high above $0.00003767 amid a surge in trade volume. The recent achievement comes over a week since it collapsed below the $0.00003 level. Shiba Inu had experienced a remarkable surge to a fresh yearly high of $0.00004563 on March 5, only to encounter resistance at this threshold. The retracement occurred concurrently with a phase of bearish sentiment in the wider market, further intensifying SHIB’s decline and causing the token to dip below $0.00003. Despite finding support at the lower spectrum of $0.00002, SHIB…
Influential House Republicans are demanding answers from Gensler on how ETH could legally be treated as a security by Prometheum. A total of 48 members of Congress signed a letter to Gensler, expressing concerns about how listing ETH as a security could threaten the crypto industry. As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers’ Ethereum tokens (ETH), the industry’s friends in Congress are demanding the Securities and Exchange Commission (SEC) explain what it means to do about this first U.S. special purpose broker-dealer (SPBD) for digital assets.…
In what comes as a backdrop emerging within the cryptocurrency realm, VanEck advisor Gabor Gurbacs recently took to a post on X, voicing concerns over modern-day crypto regulations and their negative impact on innovation. In a recent post shared by Gurbacs on X, the VanEck advisor spotlighted the stifling effect of current cryptocurrency regulations on innovations throughout the sector. Read the full article here
In an interview with Fox Business on Wednesday, BlackRock CEO Larry Fink expressed his pleasant surprise at the outstanding performance of his firm’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT). Fink mentioned that IBIT has become the fastest-growing ETF in history (with $13.5 billion in flows within its first 11 weeks of trading). The ETF’s success has surpassed even Fink’s own expectations. IBIT has been attracting an average of over $260 million in inflows per trading day, with a daily high of $849 million recorded on March 12, per data by Farside Investors. According to a report by Cointelegraph,…
The B.C. Civil Forfeiture Office has taken significant action against QuadrigaCX co-founder Michael Patryn by filing an unexplained wealth order (UWO) with the British Columbia Supreme Court. This move aims to forfeit a substantial amount of assets. These assets include $250,200 in cash, 45 gold bars, and several luxury items. The government’s firm stance on combating financial crime is evident through this third UWO application. Uncovering Cryptocurrency Fraud: QuadrigaCX Case Raises Legal Stakes QuadrigaCX’s controversy, which led to massive financial losses and became the subject of intense media scrutiny, underscores the global challenge of cryptocurrency fraud. Conversations between Patryn and…
Zhimin Qian, the alleged mastermind behind the cryptocurrency laundering, dreamed of being anointed as a Buddhist goddess by the Dalai Lama. Qian also had plans to build a Buddhist temple, an airport, and a port in Danube, a fictitious micronation situated between Serbia and Croatia. Zhimin Qian’s Digital Diary Zhimin Qian, the alleged mastermind behind […] Read the full article here