CRYPTO BREAKING NEWS! (31/10/24)

✦ Hashlabs Mining founder Alen Makhmetov announced that Russia will lift its ban on Bitcoin mining starting November 1, but with certain restrictions.

✦ Meta's latest financial report reveals that its metaverse business continues to incur substantial quarterly losses. This loss is slightly lower than the $4.68 billion anticipated by analysts surveyed by StreetAccount.

✦ Cryptocurrency market experienced liquidations totaling $104 million over the past 24 hours. Long positions accounted for $68.13 million of the liquidations, while short positions amounted to $35.45 million.

CRYPTO BREAKING NEWS! (30/10/24)

✦ Google CEO Sundar Pichai has disclosed that more than 25% of new code is currently being generated by artificial intelligence (AI).

✦ Chainlink has announced a significant upgrade to its platform. The upgrade will restructure the core functions of its oracle network into a modular developer platform.

✦ Data from Solscan on October 30 reveals the number of on-chain stakers for various Solana tokens. The BGSOL token has 7,193 stakers, BNSOL has 6,890 stakers, and BBSOL has 4,608 stakers.

✦ DWF Labs has announced a leadership change in its business development department. Lingling Jiang will take over the role

CRYPTO BREAKING NEWS! (29/10/24)

✦ ETF MSTU sees a 225% increase: According to Bloomberg, the two-times leveraged T-Rex Microstrategy ETF (MSTU) increased by 225% over six weeks, with a trading volume reaching $500 million, placing it in the top 1% of ETFs.

✦ Hacking of Andy Ayrey's account: A hacker took over the X account of Andy Ayrey, founder of Truth Terminal, posted meme content, and earned over $6 million in just one hour.

✦ Activation of Bitcoin wallet after 13.6 years: A Bitcoin wallet holding 28 BTC (approximately $1.995 million) was activated after 13.6 years of inactivity, as detected by Whale Alert.

CRYPTO BREAKING NEWS! (28/10/24)

✦ Solana market cap surpasses PayPal, reaches $83.63 billion.

✦ Base Protocol generates over $23 million in fees over past 30 days.

✦ Official data reveals that as of October 27, the daily transaction volume on the Optimism Superchain has reached 7.5 million, marking a 21.1% increase compared to the previous period.

CRYPTO BREAKING NEWS! (28/10/24)

✦ Tether's CEO Paolo Ardoino has disclosed that the company currently holds 82,454 BTC, which is valued at approximately $5.55 billion.

✦ Data from the University of Florida's Election Laboratory reveals that as of the afternoon of October 27, over 41 million Americans have participated in early voting for the 2024 presidential election.

✦ During the Plan ₿ Forum held in Lugano, Switzerland, Tether disclosed its reserves, which include $5.58 billion in Bitcoin and $3.87 billion in gold, based on prices as of October 27.

CRYPTO BREAKING NEWS! (27/10/24)

Celestia (TIA), Sui (SUI), and Optimism (OP) will have significant token unlocks next week, with Celestia unlocking $941 million worth of tokens on October 30.

Here’s a summary of the upcoming token unlocks:

1. Sui (SUI): On November 1, 64.19 million tokens will be unlocked (2.32% of supply), worth approximately $116 million.

2. Optimism (OP): On October 31, 31.34 million tokens will be unlocked (2.50% of supply), valued at around $49.5 million.

3. Immutable (IMX): On November 1, 32.47 million tokens will be unlocked (1.98% of supply), worth around $43.19 million.

4. Cardano (ADA): On November 1, 18.53 million tokens will be unlocked (0.05% of supply), valued at around $6.2 million.

5. dydx (DYDX): On November 1, 8.33 million tokens will be unlocked (1.29% of supply), worth approximately $8.1 million.

6. Manta Network (MANTA): On October 31, 1.87 million tokens will be unlocked (0.49% of supply), worth about $1.2 million.

7. Ethena (ENA): On October 30, 12.86 million tokens will be unlocked (0.47% of supply), valued at around $4.5 million.

8. Artificial Superintelligence Alliance (FET): On October 28, 3.5 million tokens will be unlocked (0.13% of supply), worth around $4.3 million.

9. Eigenlayer (EIGEN): On October 29, 1.29 million tokens will be unlocked (0.69% of supply), valued at approximately $3.8 million.

CRYPTO BREAKING NEWS! (26/10/24)

✦ Whales accumulating Bitcoin: Whales currently hold about 670,000 BTC, the highest amount in history, which typically leads to sideways trends or moderate price declines.

✦ USDC Treasury mints additional USDC: The USDC Treasury minted an additional 50.99 million USDC on the Ethereum blockchain, indicating ongoing growth in the stablecoin market.

✦ MicroStrategy hits record stock price: MicroStrategy's stock surged by 7.5%, reaching a record high of $230.

CRYPTO BREAKING NEWS! (26/10/24)

✦ BTC transfer from Bitwise ETF: About 572 BTC, worth $38.56 million, was transferred from the Bitwise Bitcoin ETF to an unknown address.

✦ New proposal from Jito DAO: A proposal suggests allocating 3% of the value gained from maximal extractable value (MEV) to the DAO treasury and TipRouter, part of Jito’s re-staking platform.

✦ U.S. government address withdrawal: A U.S. government address withdrew $6.57 million in stablecoins from Aave and transferred an additional 177.89 ETH to another address.

CRYPTO BREAKING NEWS! (25/10/24)

✦ $20 million theft: Blockchain investigator ZachXBT reported that around $20 million linked to the U.S. government had been stolen.

✦ Ethereum faces challenges, Solana gains: Ethereum is experiencing uncertainty as the ETH/BTC price has dropped to a 3.5-year low, while Solana's blockchain is on the rise.

✦ Launch of Solana Solayer: The Solana re-staking protocol Solayer has released open-source code, including Rust and TypeScript programs, to support app development.

CRYPTO BREAKING NEWS! (25/10/24)

✦ Cryptocurrency market liquidations: Over the past 24 hours, total liquidations reached $114 million, with $63.14 million from long positions and $51.06 million from short positions. Ethereum saw $19.48 million in liquidations, and Bitcoin $28.58 million.

✦ Monitoring of virtual asset transactions in South Korea: South Korea will enhance monitoring of virtual asset transactions related to illegal activities such as tax evasion and currency exchange violations.

✦ Farcaster slowdown: The decentralized social platform Farcaster has struggled with revenue growth, increasing from $2 million to only $2.34 million over four months after raising $150 million.

CRYPTO BREAKING NEWS! (25/10/24)

✦ Radiant Capital's attacker moved 20,500 ETH (~$52 million) to Ethereum from Arbitrum and BNB Chain.

✦ Character.ai faces a lawsuit related to a tragic incident involving a teenage boy.

✦ Data monitored by Trader T revealed that the US Ethereum spot ETF experienced a net inflow of $2.29 million yesterday.

✦ Tigran Gambaryan, a Binance employee, has been released from Kuje prison in Nigeria after spending eight months in detention.
$ETH

CRYPTO BREAKING NEWS! (24/10/24)

✦ exSat Network launched its Bitcoin scaling mainnet.

✦ Decentralized platform Craftt raised $2 million in seed funding, led by Superscrypt.

✦ Base, an Ethereum Layer 2 network, will activate Fault Proofs on October 30.

CRYPTO BREAKING NEWS! (24/10/24)

✦ Uniswap Labs integrated Across's bridging functionality, enabling secure transfers of ETH, stablecoins, and WBTC across nine chains.

✦ GOAT Network launched its Founders Club to support the network’s growth and development.

✦ Terawulf, a Bitcoin mining company, plans to raise $350 million via convertible notes.

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CRYPTO BREAKING NEWS! (23/10/24)

✦ Taiko chain achieved a record of 2,941,686 transactions in a single day on October 21, marking its highest daily transaction count.

✦ The semi-autonomous government of Zanzibar, located within the United Republic of Tanzania, has introduced a blockchain sandbox program aimed at fostering entrepreneurship and technological advancement.

✦ Ethereum co-founder Vitalik Buterin has criticized software company Splunk for its marketing description of the project XSIAM, which uses zero-knowledge proof technology.

CRYPTO BREAKING NEWS! (23/10/24)

✦ pump.fun sold 40,000 SOL ($6.68M), bringing its total revenue from SOL sales to $162M.

✦ US spot Ethereum ETF saw a net outflow of $20.8M the previous day.

✦ Physical Intelligence, a robotics software startup, is raising $300M at a $2B valuation.

CRYPTO BREAKING NEWS! (22/10/24)

✦ Cosmos Hub launched the AtomOne chain, featuring independent governance blockchain GovGen, supported by 50 validators.

✦ Ionic Digital, a Bitcoin mining company, resumed IPO plans after appointing a new auditor. They currently hold 2,102.29 BTC, valued at around $135.3M.

✦ Lin Chen of Deribit revealed the largest ETH bulk options trade, earning a user a premium of $965,000.

CRYPTO BREAKING NEWS! (22/10/24)

✦ The Avalanche Foundation introduced the Avalanche Card, enabling payments with WAVAX, USDC, and sAVAX at Visa-accepting locations.

✦ Elon Musk, Tesla, and Warner Bros. Discovery are facing a copyright lawsuit for using an image from Blade Runner 2049 without permission.

✦ GSR Markets transferred 440 million GALA tokens (worth $10.55M) over the past five hours.

CRYPTO BREAKING NEWS! (22/10/24)

✦ Galaxy reports the Ethereum Pectra upgrade is tentatively set for early 2025 and includes 10 Ethereum Improvement Proposals (EIPs).

✦ Scam Sniffer detected phishing ads in Google search results for "Soneium" and warned users to avoid clicking these links.

✦ ether.fi proposed to allocate up to 10 million ETHFI tokens to encourage centralized exchanges to adopt weETH as collateral for perpetual contracts.

CRYPTO BREAKING NEWS! (22/10/24)

✦ Wintermute transferred 30 million FDUSD (~$29.97M) to First Digital Labs.

✦ Borderless Capital launched a $50M LATAM fund to support Web3 projects in Latin America.

✦ Hart Lambur, co-founder of Across, proposed to fix the total supply of ACX tokens at 1 billion.

CRYPTO BREAKING NEWS! (22/10/24)

✦ PAC Fairshake spent nearly $29 million in September, making it one of the top-spending organizations in this election cycle.

✦ PeckShield reported that the hacker behind the Bunny Finance incident transferred 1500 ETH (around $4 million) via Tornado Cash.

✦ LayerZero launched on the ApeChain mainnet, supporting cross-chain transfers for APE.