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Tag: News

Bitcoin Miners Hit $22.8B High Amidst Industry Challengers

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U.S.-listed Bitcoin miners have reached a record total market capitalization of $22.8 billion as of June 15, 2024. Bitcoin mining stocks have outperformed Bitcoin itself in the first half of June, with Core Scientific (CORZ) leading the pack with an 117% increase. The surge in market capitalization is attributed to the positive investor response to news of Core Scientific’s AI deal with CoreWeave. U.S.-listed miners have...

Bitcoin, Crypto Mining, Front page, News

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ZKSync Token Airdrop Frenzy: Half Claimed in Two Hours

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Nearly half of the airdropped ZK tokens were claimed within two hours of the token launch. The newly launched ZK token trades at a TVL of over $900 million after suffering a 20% drawdown. The airdrop attracted significant attention, leading to a frenzy among users eager to claim their tokens. The high TVL and rapid claiming of tokens highlight the strong interest in the ZKSync project and its token. ZKSync Token Airdrop...

Airdrop, Front page, News

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Bitcoin’s Price Tug-of-War: Will It Reach $100k or Plummet to $62.5k?

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Bitcoin’s price predictions vary widely for 2024, with some analysts forecasting a high of $100k and others predicting a low of $62.5k. The cryptocurrency’s volatility and the upcoming Bitcoin halving event in April 2024 are key factors influencing these divergent predictions. Institutional adoption, including the launch of Bitcoin spot ETFs, has been a significant driver of Bitcoin’s recent price surge. The...

Bitcoin, Cryptocurrencies, Front page, News

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Cryptocurrency Theft Hits $19 Billion Mark, Illegal Blockchain Activity Continues to Grow

Cryptocurrency Theft Hits $19 Billion Mark, Illegal Blockchain Activity Continues to Grow

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Since 2011, $19 billion worth of cryptocurrency has been stolen in 785 incidents. The largest theft occurred in 2019, with $2.9 billion stolen in connection to the Plus Token Ponzi scheme. 2023 set records for the volume of crypto thefts, with 286 incidents worth more than $2.3 billion. Despite improved monitoring and reporting mechanisms, illegal activity on the blockchain continues to grow. In the ever-evolving world of...

Cryptocurrencies, Front page, News

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Friend.tech

Friendtech Develops Own Blockchain, Enhancing SocialFi Experience

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Friendtech announces the development of its own blockchain, Friendchain FRIEND token to be used as a fully transferable gas token on the new blockchain The move is expected to provide greater flexibility and control over operations Partnership with Conduit is crucial to the development of Friendchain FRIEND token price increases by 11% following the announcement In a bold move that could redefine the landscape of SocialFi...

Front page, News, SocialFi

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