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Tag: Cryptocurrencies

Blast Token Airdrop: A $420M Market Cap Launch and Ongoing Rewards

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Blast token airdrop launched on June 26, 2024, with a market cap of $420 million. Rescheduled from May, Blast promised to increase the airdrop allocation to compensate for the delay. Phase 2 of the rewards campaign allows users to earn points for the next four months. Airdrop allocation split evenly between developers (50% through Blast Gold points) and early users (50%). Blast has attracted over $2.3 billion in crypto, with...

Airdrop, Cryptocurrencies, Front page, News

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Colosseum Raises $60M Fund for Early-Stage Solana Projects

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Colosseum, a startup accelerator focused on the Solana ecosystem, has closed a $60 million fund to support early-stage projects. The fund will invest in select projects chosen by the winners of Solana hackathons. Colosseum was founded earlier this year by Matt Taylor, Crabby Lions, and Nate Levine. The accelerator has already invested $250,000 in 11 firms as hackathon winners. In a significant boost to the Solana...

Cryptocurrencies, Front page, News, Solana

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Mt. Gox Repayment and Bitcoin Miners Sell-Off

Mt. Gox Repayment and Bitcoin Miners Sell-Off

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Mt. Gox, a defunct Bitcoin exchange, is set to begin repaying creditors in July 2024, with plans to distribute 142,000 BTC and 143,000 BCH. Bitcoin miners have offloaded approximately $2 billion worth of BTC in June 2024, signaling a significant sell-off. The Mt. Gox repayment plan and miner sell-off coincide, potentially impacting the Bitcoin market. Mt. Gox Creditor Repayments Mt. Gox, once the largest Bitcoin exchange...

Bitcoin, Cryptocurrencies, Front page, News

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Ethereum at $3,300: Rebound or Plummet Ahead?

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Ethereum is currently trading around the $3,300 mark, a critical level that could determine its short-term direction. Analysts are divided on whether this price represents a buying opportunity or a sign of further downside. Technical indicators suggest a potential rebound, but market sentiment remains cautious. The upcoming Dencun upgrade and the broader crypto market trends will play a crucial role in Ethereum’s next...

Cryptocurrencies, ETF, Ethereum, Front page, News

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Blockchain Security Firm CertiK Returns Million to Kraken After Exploiting Vulnerability

Blockchain Security Firm CertiK Returns $3 Million to Kraken After Exploiting Vulnerability

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CertiK exploited a critical vulnerability in Kraken’s system, withdrawing nearly $3 million in digital assets. Kraken accused CertiK of extortion for withholding the return of the funds until Kraken agreed to a payment. CertiK claimed Kraken threatened their employees and failed to provide repayment addresses. The incident highlights the importance of responsible disclosure practices in the crypto security sector. ...

Cryptocurrencies, Front page, News

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