Sahil Thakur, Author at ourcryptotalk.com

Riot Platforms Buys 667 BTC for $69 Million, Boosting Holdings to 17,429 BTC

Leave a Comment / News / By Sahil Thakur

Bitcoin mining giant Riot Platforms has purchased 667 BTC for $69 million, according to recent SEC filings. The company secured the acquisition at an average price of $101,135 per Bitcoin. With this purchase, Riot’s total Bitcoin holdings now stand at 17,429 BTC. At current market prices, the company’s Bitcoin reserves are valued at approximately $2 …

Riot Platforms Buys 667 BTC for $69 Million, Boosting Holdings to 17,429 BTC Read More »

Fideum Clarifies Token Burn Timeline, Commits to Reducing Supply to 4 Billion

Leave a Comment / News / By Sahil Thakur

Fideum has cleared up confusion surrounding its token burn process. The team reaffirmed its plan to reduce the circulating supply to 4 billion tokens. The burn comes after the closure of Fideum’s BNB and TRX bridges. These closures caused delays, late transactions, and access issues for many users. As a result, Fideum received a high …

Fideum Clarifies Token Burn Timeline, Commits to Reducing Supply to 4 Billion Read More »

Justin Sun Withdraws $209 Million in ETH from Lido

Leave a Comment / News / By Sahil Thakur

Justin Sun, founder of TRON, has applied to withdraw 52,905 ETH, valued at $209 million, from Lido Finance. The move follows his ongoing Ethereum accumulation strategy, under which he allegedly acquired 392,474 ETH at an average price of $3,027, now reflecting an estimated profit of $349 million. This withdrawal isn’t Sun’s first major ETH move. …

Justin Sun Withdraws $209 Million in ETH from Lido Read More »

Filecoin Introduces F3 Upgrade, Accelerating Finality by 450x

Leave a Comment / News / By Sahil Thakur

Filecoin has announced the integration of Fast Finality (F3) into its network, a transformative upgrade that reduces finality times by 450x. With F3, block finalization times drop from 7.5 hours (900 epochs) to just minutes, improving user experience and expanding opportunities for applications, exchanges, and interoperability. How F3 Works Filecoin currently uses Expected Consensus (EC) …

Filecoin Introduces F3 Upgrade, Accelerating Finality by 450x Read More »

Palm AI Unveils Web3 Home System, Opens Pre-Orders

Leave a Comment / News / By Sahil Thakur

Palm AI has announced the launch of its Web3 Home System, the first fully self-produced hardware device for Web3 and AI integration. According to the team, device enables seamless navigation of Web3 ecosystems with AI assistance, offering users a combination of security and usability akin to a hardware wallet but with the versatility of a …

Palm AI Unveils Web3 Home System, Opens Pre-Orders Read More »

Coinbase to Delist Tether in Europe Amid MiCA Compliance Requirements

Leave a Comment / News / By Sahil Thakur

Coinbase has announced plans to restrict European users from trading Tether (USDT) and other stablecoins starting December 13. The move is part of its effort to comply with the European Union’s Markets in Crypto-Assets (MiCA) framework, which aims to regulate digital assets across the region. Stablecoins Affected by the Delisting Alongside Tether, Coinbase will delist …

Coinbase to Delist Tether in Europe Amid MiCA Compliance Requirements Read More »

Lingo Token Launches On Five Exchanges

Leave a Comment / News / By Sahil Thakur

The highly anticipated Lingo token ($LINGO) is now live on five major platforms: KuCoin, Gate.io, BitMart, MexC, and Uniswap. Lingo, a blockchain-powered Web3 startup, aims to revolutionize travel rewards by addressing inefficiencies in traditional loyalty programs. Tackling Blockchain Adoption Challenges Lingo’s mission is rooted in solving real-world challenges associated with blockchain adoption. The startup addresses …

Lingo Token Launches On Five Exchanges Read More »

India’s Economic Advisor Calls for Balanced Crypto Regulation

Leave a Comment / News / By Sahil Thakur

India’s Chief Economic Advisor, V. Anantha Nageswaran, has urged regulators to encourage innovation in the cryptocurrency sector while ensuring transparency and accountability. Speaking at the Global Economic Policy Forum 2024, Nageswaran emphasized the importance of not hindering advancements in emerging technologies like crypto and Bitcoin. Encouraging Innovation, Balancing Societal Needs “Regulators must not stand in …

India’s Economic Advisor Calls for Balanced Crypto Regulation Read More »

Vultisig and ThorWallet De-Merge, Announce Independent Futures

Leave a Comment / News / By Sahil Thakur

In a significant update for their respective communities, Vultisig and THORWallet announced they will no longer proceed with their planned merger. Both platforms, after evaluating their strategies, decided to pursue independent paths to focus on their individual development and growth. Decision to Halt the Merger The teams made notable progress during the merger talks but …

Vultisig and ThorWallet De-Merge, Announce Independent Futures Read More »

AI-Related Crypto Tokens Plunge Amid Nvidia Antitrust Probe

Leave a Comment / News / By Sahil Thakur

AI-focused cryptocurrencies faced significant losses following news of China’s antitrust investigation into Nvidia, a leader in AI chip production. The market capitalization for AI-related tokens dropped 14.6% in 24 hours, reaching $40.56 billion as of press time. Major Tokens Take a Hit Several prominent AI coins experienced steep declines: Nvidia Probe Sparks Market Concern The …