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Ethereum Crash Costs Justin Sun $66 Million

Market Downturn Costs Justin Sun $66 Million Reports suggest that Justin Sun, Tron founder and Huobi Global advisor, lost $66 million on Friday as Ethereum’s price dipped to levels last seen in...

Mt.Gox moves $2.7B from cold storage

Mt. Gox has initiated the process of repaying its creditors by transferring 47,228 BTC, valued at approximately $2.71 billion, from its cold storage to a new wallet. This move is part of a broader...

Justin Sun to Buy Germany’s Bitcoin

In a bold move that has caught the attention of the cryptocurrency world, Justin Sun, the founder of Tron, has made an offer to purchase all of Germany’s Bitcoin holdings. His aim is to minimize the...

Bitcoin drops below $58k

Bitcoin has dropped below $58k for the first time in two months today, on 4th of July 2024. There are reports also that $54.9 million in Bitcoin long positions have been liquidated in the last 24...

Consensys Acquires Wallet Guard to Enhance Metamask Security

Consensys Acquires Wallet Guard to Enhance Metamask Security Consensys has announced its acquisition of Wallet Guard, a browser extension focused on protecting digital assets from theft and fraud...

Bitcoin Whales Are Buying The Dips

Bitcoin’s recent market fluctuations have caught the attention of savvy investors. Notably, Bitcoin whales—individuals or entities holding large quantities of Bitcoin—are seizing this...

TAO dumps 15% after hack halts chain

The Bittensor blockchain was temporarily halted after an attack on several user wallets, causing a 15% drop in TAO prices after the hack . Investigations are ongoing into the attack, which is...

Aave DAO Introduces GHO Stablecoin

Aave DAO Launches GHO Stablecoin on Arbitrum Network Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased...

Polkadot Spends $37 Million on Marketing: An Analysis

Polkadot, a major player in the blockchain world, has recently come under scrutiny for its significant marketing expenditure. The company reportedly allocated a staggering $37 million to marketing...