Mad Lads is the talk of the NFT world right now, becoming the buzziest mint for any profile picture (PFP) project in months and topping the broader market this weekend. But the drop itself proved dramatic, as bots overwhelmed the mint and forced a 24-hour delay. However, the “Mad Lads” behind the project lived up to its namesake and fought…
Bitcoin and select altcoins are at risk of falling below their respective support levels and starting a deeper correction. Source: https://cointelegraph.com/news/price-analysis-4-24-spx-dxy-btc-eth-bnb-xrp-ada-matic-doge-sol
OpenAI faces another hurdle in its quest to continue doing business in the European Union as German authorities have launched an inquiry into the company’s privacy practices and GDPR compliance. As reported by AFP, regulators in Germany are demanding answers concerning the company’s intentions and ability to comply with the strict data privacy laws enshrined in the EU’s general data…
Ordinals Finance, an Ethereum-based decentralized finance (DeFi) protocol that allows users to lend and borrow inscriptions, has been accused of performing an exit scam, also known as a “rug pull.” In an April 24 press release seen by Cointelegraph, blockchain security firm CertiK reported that the protocol’s developer pulled 256 million Ordinals Finance (OFI) tokens out of its smart contracts…
Given the hype surrounding both sectors, it was inevitable that AI would make its way into the world of crypto. On Monday, Binance—the largest cryptocurrency exchange by volume—announced the introduction of Binance Sensei, an AI-powered chatbot for its Binance Academy. “Binance strives to be at the forefront of innovation, making sure our users have access to the newest and most…
In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax. WBETH Emerges as Binance’s New…
The Ether (ETH) price has struggled to sustain the $1,850 support since April 21, the same level it held before the rally toward $2,100 initiated on April 13. Investors have reason to question whether there are buyers, considering the 13.5% price correction in six days and the $548 million in leveraged futures longs liquidated between April 19 and April 21.…
The whales keep waking up. Today, another sleeping HODLer moved 400 Bitcoin—worth nearly $11 million at current prices—after not having transacted for nearly 12 years. Monday’s movements showed the whale moved 360 BTC ($9.8 million) to one wallet while the remaining 40 BTC to a number of other locations. The term “whale” refers to Bitcoin investors who have more of…
Terraform Labs co-founder and CEO Do Hyeong Kwon has requested that charges brought against him by the Securities and Exchange Commission (SEC) be dismissed, according to court documents filed Friday. In his motion to have the SEC charges dismissed, Kwon argued the SEC’s claims are invalid, pushing back against the agency’s position that tokens including MIR, LUNA, and UST are…
Despite their large numbers of followers — and being potential targets for scammers impersonating them — not every major Crypto Twitter personality has signed up or been given a blue checkmark since the platform removed legacy verification on April 20. In a debate that’s almost exclusively limited to die hard enthusiasts of the social media platform, many individuals have opted…
