Ethereum price rallies above $3.1K after unexpected regulatory victory
ETH price hit $3,100, backed by a favorable court ruling and increased network activity. Go to Source
Month: May 2024
Penguiana Reports New Milestones As PENGU Presale Hits Soft Cap, Teases Play-to-Earn Game Trailer Next Month
PRESS RELEASE. Penguiana (PENGU), a novel penguin-themed meme coin, is making significant waves within the cryptocurrency and Solana meme community. With its presale already raising over 1500 SOL, Penguiana is positioning itself as the next popular meme coin on the Solana blockchain. Penguiana (PENGU) Presale is Up and Running The Penguiana presale showcases the strength … Read more
Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined
The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash. Go to Source
Akash Network (AKT) Soars with $140K Q1 Revenue; Analysts Predict 100% Gains as AI Cryptos NEAR, Raboo Surge
The Akash Network has kicked off the year with an impressive $140K in Q1 revenue. With AI cryptos like NEAR and Raboo making significant strides, the spotlight is now on Raboo. A budding meme coin, Raboo has already amassed over $1.3 million, with over 5,000 registered members and 1,800 token holders. Priced at just $0.0042, … Read more
Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led to power shortages in Laos, challenging its goals as a hydropower exporter in Southeast Asia. Reuters: Increased Crypto Mining Strains Laos’ Hydropower Grid Laos, often called the “battery of Southeast Asia” for its extensive hydropower … Read more
US Treasury strategy would tighten virtual asset regs, increase use of AI
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance. Go to Source
Price analysis 5/17: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
Bitcoin price aims to break its range resistance and hit a new all-time high. Will altcoins follow? Go to Source
Proton Mail exposing activist’s info showed the limits of encryption
An April report revealed that Proton Mail assisted Spanish police with locating one of its users, leading to questions about its guarantees of privacy. Go to Source
Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape
Over the past 18 days, 27 distinct liquid staking derivatives (LSD) protocols have experienced withdrawals amounting to approximately 50,000 ether, valued at $146.72 million. The most significant reductions occurred in the LSDs Swell and Mantle, with Swell’s ether holdings decreasing by 23,078 ether since April 28, 2024. LSD Protocol Reductions Continue Despite Minor Gains for … Read more
Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K
Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024. Go to Source