Month: March 2024

PRESS RELEASE. In a significant stride towards revolutionizing the decentralized finance (DeFi) landscape, xuirin Finance is excited to announce the launch of its presale, effective immediately. This pivotal event marks a monumental milestone for the innovative DeFi platform, known for its comprehensive suite of services designed to transform how international transactions are conducted. xuirin Finance, […] Source: https://news.bitcoin.com/xuirin-finance-xuirin-launches-presale-aiming-to-transform-the-defi-sector/

I wasn’t expecting to enjoy Notcoin. To be honest, I was pretty dismissive at first. You tap an image of a coin on your mobile device, earn an in-game currency for each tap, and are bound by an energy bar that depletes as you tap (and refills when idle). And in the end, you’ll be entitled to an airdrop of…

Continue Reading→

Numerous accounts have recently revealed that shortly after the darknet market (DNM) Incognito apparently conducted an ‘exit scam,’ its operators have now informed their clients and merchants they are facing extortion. The team behind Incognito claims possession of crypto asset transaction logs and archived conversations from its users, warning that this information will be leaked […] Source: https://news.bitcoin.com/after-exit-scam-incognito-darknet-market-operators-now-threaten-user-data-leak-in-extortion-twist/

Studio369, the indie game developer behind Ethereum action game MetalCore, announced on Tuesday that it raised $5 million in new funding to launch the PC game on the Immutable zkEVM scaling network. And the team has big plans on the short-term horizon. MetalCore is currently planned to launch in open beta in May, letting anyone hop in and play the…

Continue Reading→

Messaging app Telegram is gaining steam, and founder and CEO Pavel Durov says the company is considering an initial public offering (IPO). That news, revealed Monday, apparently triggered a surge in the price of The Open Network’s Toncoin (TON). The Open Network began life in 2017 as the Telegram Open Network, but the company dropped the project in 2020 after…

Continue Reading→

Grayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders with exposure to bitcoin, reduced fees and potential tax benefits. Grayscale Unveils Bitcoin Mini Trust With […] Source: https://news.bitcoin.com/grayscale-aims-to-launch-mini-bitcoin-trust-for-lower-fees-and-tax-benefits/

Grayscale has a new Bitcoin ETF product in the works that may help stem the tsunami of outflows that has plagued its Grayscale Bitcoin Trust (GBTC) over the last two months. Per an S-1 statement filed on Tuesday, the Grayscale Bitcoin Mini Trust—which will boast the familiar ticker “BTC”—will be seeded as a “Spin-Off” of the much larger GBTC fund.…

Continue Reading→

This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at least 50%, fueled by the substantial rise in […] Source: https://news.bitcoin.com/crypto-economys-rise-fuels-defi-sector-to-surpass-100-billion-tvl/

Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on enhancing the “usability and accessibility of Tether for millions of people.” Tether Announces USDT’s Launch on […] Source: https://news.bitcoin.com/tether-launches-usdt-on-celo-targeting-increased-usability/

The Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily affecting businesses that hold foreign exchange. Nigeria Presses Ahead With Reforms The Economic Intelligence Unit (EIU) has stated that the […] Source: https://news.bitcoin.com/economic-intelligence-unit-nigerian-central-bank-lacks-capacity-to-defend-local-currency/