Uniswap, the premier decentralized exchange (DEX), has achieved a remarkable milestone by reaching $2 trillion in total trading volume as of 11:55 a.m. UTC on April 5, according to insights from a Dune Analytics dashboard maintained by Zach Wong, the strategy and operations lead at Uniswap. This significant volume includes transactions conducted on several blockchains that support Uniswap, such as…
Month: April 2024
Binance Users Stake Record $13 Billion to Earn Saga Gaming Token Rewards
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports There’s clear interest in the upcoming token for the Saga layer-1 blockchain network, just days ahead of next week’s listing. In fact, Binance customers have already…
Nigerian Court Postpones Detained Binance Executive’s Tax Evasion Case to April 19
A Nigerian court has postponed the tax evasion case of the detained Binance executive to April 19, while the hearing for the cryptocurrency exchange itself is scheduled for April 8. The court also ordered that the executive Tigran Gambaryan be held in the custody of the Economic and Financial Crimes Commission. Tigran Gambaryan Accused of […] Source: https://news.bitcoin.com/nigerian-court-postpones-detained-binance-executives-tax-evasion-case-to-april-19/
‘Nyan Heroes’ Tops 100K Players on Epic Games, Reveals Solana NFT Rewards
Nyan Heroes, the Solana-based feline mech shooter, reported Friday that it has amassed over 100,000 players who have downloaded and played the game since its pre-alpha demo launched on the Epic Games Store on March 25. “The Nyan Heroes pre-alpha demo has been in full swing for 10 days, and we have been absolutely purring with all of the reception…
FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule. Insiders Say FTX Sold Millions of Locked Solana Tokens at a Deep Discount The bankrupt entity formerly […] Source: https://news.bitcoin.com/ftx-nets-1-9b-in-solana-sale-at-64-per-sol-discount-price-draws-creditor-scrutiny/
This Little Device Can Hold Your Bitcoin, Play Games—And Farm Airdrops as You Sleep
Plans for a Game Boy cartridge that turns that classic gaming handheld into a functional Bitcoin cold wallet were sadly abandoned last year, but here’s a new project that bundles Bitcoin gaming, play-to-earn rewards, and a hardware wallet all into one portable device. The BitBoy One—no apparent relation to crypto influencer BitBoy—was officially revealed this week by Ordz Games, a…
Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks. The trial culminated in the jury’s decision in a federal courtroom subsequent to […] Source: https://news.bitcoin.com/terraform-labs-and-former-ceo-do-kwon-found-liable-for-civil-fraud-by-jury/
‘Notcoin’ Telegram Game Will Return After Token Launch—With Big Changes
Telegram-based crypto game Notcoin says it racked up nearly 9 trillion taps over the course of its mining phase, but with gameplay currently paused ahead of the incoming token launch on The Open Network—set for April 20—the tapping has stopped for now. Notcoin plans to relaunch its game after the token launch and airdrop but with a new rewards model.…
Do Kwon Found Liable for Fraud in SEC Lawsuit
A New York jury has determined that Terraform Labs and its founder, Do Kwon, are liable for civil fraud charges, siding with the U.S. Securities and Exchange Commission (SEC) on Friday, according to a Reuters report. The SEC alleged that Terraform Labs and Kwon misled investors about the stability of their stablecoin, TerraUSD, and made other unsubstantiated claims. Following a…
Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production
According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter. Bitdeer also disclosed that it extracted 294 bitcoins in March, marking a 28.4% enhancement over March 2023’s earnings. Ahead of Bitcoin’s Next Halving, Bitdeer Taps TSMC for Proprietary Mining […] Source: https://news.bitcoin.com/bitdeer-utilizes-chip-giant-tsmc-eyeing-60m-in-bitcoin-mining-equipment-production/