After a major rebranding of the popular social media platform Twitter to X, Elon Musk has now rebranded the popular Twitter Blue subscription services to X Premium. The X Premium subscription services come with an ad revenue sharing model that will make all eligible X Premium subscribers eligible for a share of the ad revenue based on their engagement on…
Long-term Bitcoin holders now control a record 14.599 million BTC, according to data from blockchain analytics firm Glassnode. Over the past seven days, the total balance held in these wallets has increased by 43,949 Bitcoin or $1.274 billion in current prices. Long-term Bitcoin holders are addresses that have held coins for at least 155 days. According to Glassnode, previous research…
The MakerDAO community has approved and executed a temporary increase in the annual returns for depositing its DAI stablecoin into the protocol. Folks staking the decentralized stablecoin can now enjoy a whopping 8% yield on their holdings. The interest rate earnings on DSR are enabled through Spark Protocol which is not available to non-U.S. users or VPN-linked addresses. The MakerDAO…
After last week’s multi-million-dollar Curve Finance (CRV) exploit, the deadline set by the team for the attacker to voluntarily return the funds has officially passed. This means the bounty for doxxing the hacker has now been extended to the public. According to the Curve team, who attached an image of a note published on the Ethereum blockchain, the reward for…
Humanitarian aid and community services charity, Singapore Red Cross, included cryptocurrency as a newly-accepted form of donation. The organization will accept Bitcoin, Ether, Tether and USD Coin donations. On August 7, Singapore Red Cross announced its partnership with the first crypto payment gateway licensed by the Monetary Authority of Singapore, Triple-A, to enable the option of anonymous donations in crypto.…
Bitcoin (BTC) starts the second week of August with barely a sound as rangebound BTC price behavior continues. After one of its least volatile weekly closes, BTC/USD remains stuck to $29,000 — can the coming seven days provide what is needed to break the deadlock? Headlining the list of potential volatility catalysts is United States inflation data in the form…
The United Kingdom’s National Crime Agency (NCA) wants to expand its digital assets investigation team by hiring four senior investigators for its Complex Financial Crime Team (CFCT) that will work on crypto-related crimes. The position involves investigating high-end crypto fraud, money laundering and other blockchain-based crime carried out by organized crime groups. The investigators will be working with a surveillance…
In just the last two years, Web3 has been on a rollercoaster ride of fortune. Hailed as the future of the internet as well as the crypto and blockchain spaces all at once, Web3 had a difficult set of expectations to meet even from the beginning. By the summer of 2023, many prominent voices inside and outside of the Web3…
A number of crypto-centred public companies released their quarterly earnings report over the past couple of weeks, sharing increased revenue and a jump in profits across the board. The majority of these crypto firms benefited from the rise in prices of the crypto market and a constant decline in bearish momentum, moving away from the crypto winter. Microstrategy: Bitcoin-focused institutional…
CoinGecko launched a new index tracking the biggest crypto tokens viewed as likely securities by the United States Securities and Exchange Commission (SEC). The ‘Top Alleged Securities Coins’ page sorts the selection of crypto assets by market capitalization, placing Binance Coin (BNB) at the top of the list — followed by Cardano (ADA), Solana (SOL) and TRON (TRX). The top…
