Satoshi Correspondence Revealed by Witnesses in Legal Clash Against Craig Wright

Satoshi Correspondence Revealed by Witnesses in Legal Clash Against Craig WrightIn the unfolding lawsuit between the Crypto Open Patent Alliance (COPA) and Craig Wright, three key witnesses who had early interactions with Bitcoin’s creator, Satoshi Nakamoto, provided their testimonies. Among them were early Bitcoin developers Martti Malmi and Mike Hearn, as well as Adam Back, the creator of Hashcash, the proof-of-work (PoW) algorithm integral to […]

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Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB

Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOBStartale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags $3.5M Capital Injection From UOB Startale Labs, known for spearheading initiatives […]

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Pandora Token Regains Investor Interest Following Recent Price Setback

The ERC404 token Pandora, which initially captured significant attention with a remarkable 300% surge in value over the span of a month, faced a setback in its price trajectory but is now attracting investors once again. Following a recent decline in its price, which resulted in a 30% loss over the past 7 days, on-chain reports suggested that investors might have been capitalizing on profits through substantial sell-offs.  Decline In Ethereum-Based ERC-404 Tokens Sparks Whales’ Interest, PANDORA Gets Investor’s Interest  However, the token has seen renewed accumulation, as indicated by on-chain data from Lookonchain. A significant whale made a notable

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DWF Labs Makes Strategic Investment In PROM Altcoin, Fueling Price Surge

DWF Labs, a prominent player in the cryptocurrency market-making sphere, continues to draw industry attention with its ongoing investments in altcoins.  The latest development from DWF Labs involves a significant 7-figure strategic investment in the cryptocurrency Altcoin, PROM, signaling confidence and interest in the project’s potential. We are thrilled to announce our latest strategic 7-figure investment in @prom_io 🚀 This partnership marks a significant milestone, as we join forces with Prom, a pioneer in the Web3 gaming sector. Together, we’re set to revolutionise the gaming world, combining Prom’s… pic.twitter.com/EfGH9Gbe11 — DWF Labs (@DWFLabs) February 21, 2024 The investment initiative saw

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Do Kwon’s Fate Sealed — Montenegro High Court Opts for US Extradition in Legal Tug-of-War

Do Kwon's Fate Sealed — Montenegro High Court Opts for US Extradition in Legal Tug-of-WarIn a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political implications of the extradition. Report Details Do Kwon’s U.S. Extradition […]

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Blockchain-Focused Super Pac Raises Millions From Crypto Magnates in January  

Blockchain-Focused Super Pac Raises Millions From Crypto Magnates in January  According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records from the federal elections. Crypto Leaders Amplify Blockchain PAC’s Influence With […]

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Behind MDC Walls — Independent Reporter Captures Photo of Sam Bankman-Fried’s New Reality

This week, a prison snapshot featuring Sam Bankman-Fried (SBF), the ex-FTX chief, was released by the independent journalist Tiffany Fong. Capturing the first glimpse of SBF since his detention, the image places the once-prominent cryptocurrency magnate alongside five other detainees within the confines of the Metropolitan Detention Center (MDC) in Brooklyn. First Look: SBF Behind […]

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Pro-Crypto Lawyer John Deaton Enters Senate Race to Challenge Elizabeth Warren

Pro-Crypto Lawyer John Deaton Enters Senate Race to Challenge Elizabeth WarrenCryptocurrency advocate John Deaton has formally announced his candidacy for the Senate in Massachusetts, setting his sights on unseating the current Democratic Senator Elizabeth Warren from her position. “I’m excited for the opportunity to fight for change, and for the people of Massachusetts in the United States Senate,” Deaton wrote on Tuesday. Deaton vs. Warren: […]

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Ethereum Breaks Through $3000 As Whales Increase Accumulation

Ethereum, the second-largest cryptocurrency by market capitalization, surged close to the $3000 mark in the last 24 hours, peaking at $2983. On-chain reports reveal a trend of significant accumulation among Ethereum whales, indicating growing interest and confidence in the digital asset. According to on-chain data, Galaxy Digital, a prominent player in the cryptocurrency space, withdrew 26,000 ETH valued at $76.2 million from Coinbase Prime and Binance within the past 12 hours. Another whale engaged in strategic trading maneuvers, borrowing 130 WBTC worth $6.73 million from Aave and exchanging it for 2,323 ETH.  On-chain data shows that #GalaxyDigital withdrew 26K $ETH($76.2M)

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Cryptocurrency Markets Show Signs Of Overbuying Amidst Profits Surge

Since the resurgence of the markets in mid-October 2023, numerous cryptocurrency assets have witnessed substantial profits, aligning with the average trade returns.  This trend has predominantly favored wallets over a medium to long term horizon, signaling widespread profitability across various projects. 🧮 Based on average trading returns, many assets have seen understandably high profits since markets began booming all the way back in mid-October, 2023. Outside of a few lagging #altcoins, the vast majority of #crypto projects have generated profits for the average (Cont) 👇 pic.twitter.com/ziKhzmcz1v — Santiment (@santimentfeed) February 20, 2024 While these gains reflect positive market sentiment, they

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