Category: Latest news
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Logan Paul to respond CryptoZoo scam allegations made by Coffeezilla
[ad_1] YouTuber turned crypto developer Logan Paul said he intends to respond to Coffeezilla on Jan. 2 over allegations the CryptoZoo project is a scam. Paul included a screengrab of a message sent to Coffeezilla, aka Stephen Findeisen, inviting him onto the Impaulsive YouTube channel to discuss the matter. However, according to Paul, Findeisen did…
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Short-term Bitcoin holders fell to its lowest level at 15% of the supply
[ad_1] The Supply Last Active metric looks at the amount of inactive Bitcoin over a given time period. Analysts infer that the more inactivity exists, the more BTC is being hodled, thus reducing sell pressure and acting as a tailwind for bullish price action. CryptoSlate’s analysis of Glassnode data showed the percentage of supply held for…
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Solana starts 2023 with a bang with 14% spike
[ad_1] Solana began the New Year on a high, gaining 14% over the last 24 hours. Analysis of the 15-minute SOL chart showed a distinct lack of price action until 07:00 (GMT) on the first working day of 2023. A massive 20% spike occurred at this point, leading to a peak price of $12. However,…
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Web3 startups raised $7.1B in funding during 2022 – Gaming accounted for 62%
[ad_1] The Web3 space raised $7.1 billion in funding throughout 2022, with Gaming, Metaverse, and Social Networks being the top three investment categories, according to Metaverse Post’s year-end report. The report took start-ups under Gaming, Metaverse, Social Networks, Infrastructure, Artificial Reality and Virtual Reality (AR &VR), and Artificial Intelligence (AI) and calculated the exact investment…
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Binance reportedly finalizing acquisition Korean crypto exchange Gopax
[ad_1] Binance is reportedly taking the final steps in acquiring Korea-based crypto exchange Gopax. Binance is completing due diligence (DD) on the acquisition and finalizing the process, according to Decenter. It is believed that the deal was originally set to be announced in 2022 but was delayed due to consultations over equity value calculations. Binance…
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Silvergate Capital hit with class action lawsuit for Securities Law violations
[ad_1] Pomerantz LLP — a firm dedicated to representing the rights of defrauded investors — filed a class action lawsuit against Silvergate Capital over alleged violations of the Securities Exchange Act. The lawsuit was filed in the US District Court for the Southern District of California on behalf of all individuals and entities who purchased…
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Lido now has the highest DeFi TVL as LDO increases 17%
[ad_1] Ethereum (ETH) staking protocol Lido (LDO) is now the dominant DeFi protocol based on the total value of assets locked (TVL) in its ecosystem, according to DeFillama data. Lido’s TVL overtook that of MakerDAO (MKR) in the last 24 hours after rising by 0.57% to $5.90 billion. According to the data aggregator, this places…
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Bitcoin core developer loses 216 BTC to ‘PGP compromise’
[ad_1] Bitcoin core developer Luke Dashjr said he lost “basically” all his BTC stash to the compromise of his PGP key in a Jan. 1 Twitter thread. Dashjr did not reveal the amount of BTC he lost to the alleged hackers. He said some of his BTC was co-joined with the wallet “1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa.” Blockchain explorer…
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SushiSwap CEO proposes new tokenomics to survive liquidity crunch
[ad_1] SushiSwap’s CEO, Jared Grey, introduced a proposal on Dec. 30 to alter the tokenomics of the SUSHI token in an attempt to revive the protocol amid a liquidity crunch. On Dec. 6, Grey set off a furor in the SUSHI community after announcing that the project’s treasury had a runway of only 1.5 years.…
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Ex-Meta crypto head expects crypto winter to drag through 2024
[ad_1] David Marcus, founder of Bitcoin (BTC) payments firm Lightspark, disappointed crypto bulls hoping for a quick crypto market recovery, as he predicted that the bear cycle will likely last through 2024. In a blog post on Dec. 30, Marcus, who was the co-creator of Meta’s scrapped crypto project Diem, wrote: “We won’t exit this…