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Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on crypto and stablecoins. According to reports, Rojas Ulo stated that he believes adding crypto to the national financial system might be beneficial as an alternative and remarked on the function of stablecoins as … Read more
The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days, but the community warns this might be … Read more
DWF Labs announced the launch of a $20 million Cloudbreak Fund aimed at supporting Web3 projects in Chinese-speaking regions. The fund will provide investments and strategic resources to help emerging projects achieve their potential. DWF Labs Reveals Cloudbreak Fund for Web3 Projects in Chinese-Speaking Regions According to the announcement shared with Bitcoin.com News, DWF’s Cloudbreak … Read more
In today’s trading session, the cryptocurrency market has once again entered a bearish trend. Amidst this downturn, an early investor in $FLOKI recently made a notable move by depositing 6.28 billion $FLOKI (approximately $1.1 million) to Binance 18 hours ago. This investor originally received 7.5 billion $FLOKI from @RealFlokiInu two years ago when the value … Read more
PayPal’s stablecoin, $PYUSD, has rapidly carved out a robust ecosystem on the Solana blockchain. In just a short period, it has been seamlessly integrated into the DeFi landscape and is now widely available across major decentralized exchanges (DEXs). Over the past month, $PYUSD has seen a remarkable 21% surge in market capitalization, propelling its total … Read more
After a 10-month period of inactivity, the cryptocurrency whale known as 0x4a2 (“dimethyltryptamine.eth”) has returned to the market. The whale recently swapped 10 billion PEPE tokens, valued at $112,000, for 32.73 ETH at a price of $0.0000112118 per token. This move is notable as 0x4a2 was among the earliest adopters of PEPE, having begun trading … Read more
In a recent development, UNI whales are suspected of offloading nearly 470,000 UNI tokens bought just a month ago. If sold, these whales stand to incur a loss of $370,000. The whale had initially acquired 469,177 UNI tokens at an average price of $10.53 between May 26 and June 4. On June 6, they sold … Read more
The Bitcoin market is currently in an intriguing position, with the average coin still showing a 2x gain, despite most short-term holders being underwater. Several volatility measures are also showing significant compression, indicating that a larger move could be imminent. The #Bitcoin market is in an interesting spot, with the average coin still up 2x, … Read more
Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims to broaden the scope of decentralized applications (dapps) and improve data sharing across networks. Flare and Layerzero Partnership Aims to Enhance Dapp Accessibility According to an announcement shared with Bitcoin.com News, this integration represents an … Read more
According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network Paused for 14 Hours Due to Massive Wallet Thefts At 9:47 p.m. EDT … Read more