In the last week, XRP experienced a 19.9% increase in its value against the U.S. dollar, reaching a peak of $0.744 per coin on March 11, 2024. Its price has since retreated a hair, now trading at $0.685 per XRP. Although the digital currency’s market results haven’t captured as much attention as bitcoin and ethereum, […] Source: https://news.bitcoin.com/hope-rises-among-xrp-proponents-for-a-significant-upswing-amidst-crypto-market-expansion/
Month: March 2024
Ambrus Studio Brings PC and Mobile Gaming to Sui
Palo Alto, United States, March 13th, 2024, GamingWire Forthcoming E4C:Games Fallen Arena and Final Salvation to launch on Sui, offering on-chain assets that move between games Ambrus Studio, a leading game development studio, today announced their upcoming series of games powered by Sui, a layer 1 blockchain and smart contract platform. Via a partnership with Mysten Labs, Sui’s original contributor,…
Bitcoin Technical Analysis: BTC Crosses $73K; Bulls Eye $75K as Next Major Goal
On March 13, 2024, bitcoin achieved a new peak in its market value, reaching an unprecedented high of $73,679. In the past 24 hours, bitcoin not only increased by 1.8% but also showed notable gains over the week (10.7%) and the last two weeks (23.3%), elevating its market cap to an impressive $1.43 trillion. Bitcoin […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-crosses-73k-bulls-eye-75k-as-next-major-goal/
Ethereum Challenger Monad Labs in Talks to Raise $200 Million
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum Monad Labs, a smart contract platform, […] Source: https://news.bitcoin.com/ethereum-challenger-monad-labs-in-talks-to-raise-200-million/
Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments
Some of London’s wealthy residents are reportedly using cryptocurrency to pay for luxury home rentals. High interest rates and a dampened real estate market have led the city’s affluent residents to opt against buying properties. The acceptance of payment in cryptocurrency demonstrates the real estate agency’s openness and its eagerness to become “a leader within […] Source: https://news.bitcoin.com/wealthy-london-residents-reportedly-use-cryptocurrency-for-high-end-property-rent-payments/
TRON Network Integrated With Token Terminal
PRESS RELEASE. Zürich, Switzerland, March 13, 2024 – TRON DAO has collaborated with Token Terminal, integrating the TRON network’s data into Token Terminal’s sophisticated suite of data analytics tools. This collaboration promises to transform the way investors and analysts access and leverage TRON’s data. Token Terminal’s Data Partnership is a comprehensive on-chain data analytics service […] Source: https://news.bitcoin.com/tron-network-integrated-with-token-terminal/
Ethereum L2s Arbitrum, Optimism and Polygon See Gains Ahead of Dencun Upgrade
Just hours to go until the Dencun upgrade goes live on Ethereum mainnet, the tokens of layer-2 scaling solutions like Arbitrum, Optimism, and Polygon have all seen hefty gains. Arbitrum is the only one to have seen double-digital gains as the Ethereum community counts down the minutes to Dencun. Its ARB token has risen 11% in the past day and…
Creating a More Fair Ecosystem for Stakers and Validators With Bahamut Blockchain
The Bahamut blockchain is an innovative EVM-based, layer 1 solution, renowned for its security, decentralization, and scalability. It uses the FTN coin for network operations, cross-chain functionalities, and rewards. Notably secure, Bahamut has passed CERTIK and HEXENS assessments and introduces a unique Proof of Stake and Activity (POSA) consensus mechanism, rewarding validators based on engagement […] Source: https://news.bitcoin.com/creating-a-more-fair-ecosystem-for-stakers-and-validators-with-bahamut-blockchain/
Binance Asked to Provide Names and Transaction History of Top 100 Users in Nigeria
Nigeria has stepped up its scrutiny of global crypto exchange Binance by demanding the names and transaction history for the top 100 Nigerian users, according to a news report. It’s been three weeks now that the Nigerian government has detained two of Binance’s senior executives. The government’s actions underscore its intention to stabilize the naira, Nigeria’s currency, which has been…
Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report
Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most targeted. Unlike in January, the number of victims who lost digital funds exceeding $1 million […] Source: https://news.bitcoin.com/phishing-scammers-stole-47-million-from-57000-victims-in-february-alone-report/