Blocksquare hits $100M tokenized RWA, announces DeFi launchpad
Blocksquare achieves a new milestone in real estate with $100M in tokenized assets and the launch of its Oceanpoint v0.5 DeFi platform.
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Dormant ‘Diamond’ Hand Shiba Inu Trader Prints 419X Gain After Holding for 3.5 Years: Lookonchain
A long-time holder of Shiba Inu (SHIB) is looking at big profits after suddenly selling the memecoin, on-chain data shows. Blockchain tracking firm Lookonchain notices that one patient investor sold more than 48 billion SHIB for a 419x gain after holding onto the digital asset for more than three years. The investor first purchased the […]
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Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and the possibility of future movements. Bitcoin Bitcoin’s 1-hour chart reveals a high of […]BlackRock’s Bitcoin ETF claims top spot after $102 million in inflows
BlackRock’s iShares Bitcoin Trust IBIT becomes the largest Bitcoin ETF, surpassing Grayscale with $19.68 billion in holdings.
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Top Analyst Predicts New All-Time Highs for Two Surging Memecoins, Updates Forecast on Ethereum
A popular crypto strategist thinks that two scorching-hot memecoins are racing toward fresh all-time highs. Pseudonymous analyst Bluntz tells his 260,500 followers on the social media platform X that Pepe (PEPE) has more gas left in the tank even after its more than 140% surge this month. The top trader shares a chart suggesting that […]
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Bitcoin Well Launches Payments via Lightning Network in Canada
Bitcoin Well Inc., a non-custodial bitcoin platform, has announced the integration of the Lightning Network into its platform, enabling customers in Canada to instantly sell bitcoin from any personal Lightning Wallet. Bitcoin Well’s founder & CEO, Adam O’Brien, stated that this innovation enhances the speed, security, and cost-effectiveness of selling bitcoin, making it more user-friendly […]Cristiano Ronaldo unveils NFT series with Binance capturing career highlights
Football icon Cristiano Ronaldo is rolling out a new NFT collection with Binance commemorating different stages of his illustrious career.
Cristiano Ronaldo will continue his Web3 foray by launching a new nonfungible token (NFT) collection with Binance commemorating his path from humble beginnings to football stardom.
The collection, dubbed “Forever Worldwide: The Road to Saudi Arabia” will feature a series of NFT collectibles representing Ronaldo’s journey from a teenage prodigy in Madeira to his pivotal impact at Manchester United and Real Madrid.
Dale told Cointelegraph that Ronaldo has been intimately involved with fan interactions and activations in previous collaborations. The new collection will also allow certain NFT holders to create a celebratory moment with Ronaldo on set in person in Riyadh.
Nomura, Laser Digital and GMO Internet Partner to Explore the Issuance of Stablecoins in Japan
Nomura, a global financial services group, Laser Digital, a digital asset-based business, and GMO Internet, the parent company of stablecoin issuer GMO-Z, have partnered to explore the issuance of U.S. dollar and yen based stablecoins in Japan. The partnership also contemplates the development of a platform to offer stablecoin issuance services to other companies. Nomura, […]Dash Now Available on Wizarbit for Purchase and Use on Debit Cards
The Dash team has announced the integration of Dash into Wizarbit, a Lithuania-regulated cryptocurrency exchange and card provider. This development allows users to purchase Dash instantly with euros at competitive rates using a credit card. Wizarbit’s unique offering includes a debit cryptocurrency card, both virtual and physical, enabling users to spend their Dash anywhere cards […]Ex-Coinbase Executive Balaji Srinivasan Slams Federal Reserve’s ‘Unpredictable Monetary Policy’ – Here’s Why
Former Coinbase executive Balaji Srinivasan isn’t a fan of the U.S. Federal Reserve. Srinivasan says on the social media platform X that the Fed represents “unpredictable monetary policy,” compared to Bitcoin (BTC), which he says is “predictable monetary policy.” “If you made the graph of Bitcoin’s predicted issuance versus its actual issuance over the last […]
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Halving of BTFS Storage Rewards
PRESS RELEASE. Singapore, May 29, 2024 – To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to implement a halving on the next round of rewards for storage miners on the BTFS network. From 00:00 (UTC) June 25, 2024, the daily rewards for storage miners on the BTFS network will be […]Hong Kong SFC to conduct compliance checks on crypto firms
Hong Kong’s SFC announces on-site compliance checks on crypto firms after the June 1 licensing deadline, focusing on client asset protection and KYC processes, as the number of license applicants decreases.
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South African Central Bank Opts Against Publishing CBDC Study Findings
The South African Reserve Bank has reportedly decided not to unveil the findings of the initial phase of its central bank digital currency feasibility study. Instead, the central bank said it is currently focused on the second phase of the study and will release a report once it is satisfied with the progress made in […]ZKasino initiates ETH refund process amid mounting scam allegations
**Meta Description:** ZKasino announces 72-hour refund process for investors amid allegations of a $33 million “rug pull,” sparking skepticism and concerns about the authenticity of the claim.
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Humanity Protocol is building a secure, private Web3 identity system with zk-proofs and palm scans: An interview with founder Terence Kwok
Humanity Protocol uses palm scans with strong privacy measures to build a secure, private, and universally accessible Web3 identity system.
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Bank of Israel Launches Digital Shekel Challenge
The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The initiative aims to foster the development of innovative payment solutions using the digital shekel, leveraging its Application Programming Interfaces (APIs). Participants are expected […]Luxor and Bitnomial launch Bitcoin mining derivatives product
The new crypto derivatives product allows investors to speculate on future hashrates and hashprices.
Bitcoin (BTC) mining firm Luxor Technology Corporation and Bitnomial Inc. have launched a Bitcoin mining derivative product on Bitnomial’s United States derivatives exchange.
On May 28, Bitnomial announced the launch of Hashrate Futures, a derivative futures contract for trading the computing power of the Bitcoin blockchain.
Bitnomial claimed the product, trading under the ticker HUP, offers a way for miners to hedge their revenue and for investors to gain exposure to the Bitcoin mining hash rate.
US Jury Convicts Two in $8M Crypto-Linked Dark Web Drug Scheme
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names “King Odua” and “Alagbada726,” converting cryptocurrencies to traditional currency. Sentencing is scheduled for August. The jury […]Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest. […]ZKasino gives investors 72-hour window to get back deposited ETH
ZKasino denied it tried to make off with $33 million of investor funds in April and has now opened up a short refund window.
Blockchain-based gambling project ZKasino says it has initiated a 72-hour “2-step bridge back process” to return funds to investors a month after it was alleged to have done a $33 million “rug pull.”
“We are now initiating the 2-step bridge back process in which bridgers can sign up and bridge back their ETH at a 1:1 ratio,” ZKasino said in a May 28 Medium post, adding the team hasn’t given up on the project.
“The ZKasino team is still working hard to make the project successful. We again want to assure everyone that we are here to deliver and continue our best efforts.”
Ripio CEO: Brazilian Companies Are Paying Chinese Suppliers With Cryptocurrency
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that Argentine companies are using cryptocurrency to protect from crippling inflation numbers. Ripio CEO Sebastian Serrano: […]AI tokens slide as Nvidia jumps 7% — but ‘don’t expect that to last’
AI crypto tokens are “quiet now,” bleeding red across the board, but a crypto trader says that won’t last.
Artificial intelligence-linked crypto tokens have declined over the past 24 hours amid Nvidia’s (NVDA) share price surging over 7% on May 28, but the downturn won’t last forever, says a crypto trader.
“NVDA surging, AI coins quiet now but don’t expect that to last,” trader Matthew Hyland wrote in a May 28 X post.
Nvidia produces computer chips that AI companies are increasingly using to run their AI models. Crypto traders see its stock price as an indicator of how AI tokens could move, with NVDA’s performance a gauge of the market’s AI sentiment.
Don’t waste $6,400 on random gaming — Spend it on GameFi
Today’s gamers are going to spend — on average — more than $6,400 on purchases they can’t use outside of the platforms on which they were purchased.
Today’s gamers have spent hundreds — sometimes thousands — on in-game purchases that are supposedly theirs to keep. The reality is that they often have nothing that is lasting, and that isn’t fair.
New research shows the horrible reality of the situation. Gamers are set to spend $6,425.13 on virtual items over their adult lifetime without ever receiving anything physical to show for it, according to a study commissioned by Unstoppable Games and conducted by OnePoll.com. The survey asked 2,000 gamers and found that the average gamer will spend $8.74 per month — that’s $104.90 per year — on a total of three purchases. Character skins, weapons and extra lives were the most commonly bought items.
Statistics like these leave gamers feeling furious, or worse, like suckers. Of course, it’s fair to pay for entertainment — for experiences. But if you’re buying the virtual equivalent of a sword, skin, cloak or whatever else, it should be analogous to such an item in a physical game. You should be able to do with it as you wish.
Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that it will record them at cost. Meanwhile, short-term holdings will […]Solana’s Penguiana $PENGU Token Launch On Raydium Surpasses $1M Valuation, Sets Stage For GUIANA NFT Minting
In a remarkable showcase of growth and enthusiasm, Penguiana, the unique penguin-themed meme coin on the Solana blockchain, has successfully launched its $PENGU token on Raydium. Buy $PENGU here on Raydium. This milestone comes after a highly successful presale, confirming strong investor interest and community support. As the $PENGU token gains traction on the market, […]Crypto Whales Abruptly Accumulate Ethereum-Based Altcoin Sending Volume to Highest Level in 22 Months: Santiment
Crypto whales have been gobbling up an Ethereum (ETH)-based fan engagement token, according to the analytics firm Santiment. Chiliz (CHZ) is a web3 infrastructure provider for sports and entertainment. The project’s native token, CHZ, is up nearly 2% in the past 24 hours, more than 14% in the past week and more than 27% this […]
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BlackRock adds own Bitcoin ETF to income and bond funds
One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion.
BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin (BTC) exchange-traded fund (ETF) in the first quarter, regulatory filings show.
BlackRock’s Strategic Income Opportunities Fund (BSIIX) snapped up $3.56 million worth of the iShares Bitcoin Trust (IBIT) while its Strategic Global Bond Fund (MAWIX) made a $485,000 purchase, according to May 28 Securities and Exchange Commission filings.
The IBIT shares are a fraction of BSIIX and MAWIX’s investment portfolios, respectively worth $37.4 billion and 776.4 million.
Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’
Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite the initial rejection from Bitfarms’ Board, the proposal will be directly presented to shareholders. Riot asserts that the acquisition will establish a vertically integrated, geographically […]JPMorgan Chase Paying $100,000,000 Fine, Issues Rare Admission of Guilt in Settlement With US Financial Regulator
JPMorgan Chase has issued a rare admission of guilt and agreed to pay a $100 million fine to a US market regulator. The Commodity Futures Trading Commission (CFTC) says the trillion-dollar bank admits that it failed to monitor billions of orders from its traders and clients – a mandatory process designed to detect market misconduct. […]
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UK’s First Spot Bitcoin and Ethereum ETPs Begin Trading on the London Stock Exchange
The sixth-largest stock exchange in the world has officially begun trading Bitcoin (BTC) and Ethereum (ETH) exchange-traded notes (ETNs). According to the London Stock Exchange (LSE), today marks the launch of ETH and BTC ETN trading. “We are pleased to announce the launch of Crypto ETNs on the London Stock Exchange, effective 28 May 2024, […]
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