Telegram-based games are taking over the crypto gaming landscape, with Yescoin emerging as one of the most popular titles in the latest Notcoin-inspired pack. While most of these games prompt users to tap the screen, this game instead asks you to swipe to collect digital coins. Just a month after launch, over 18 million people from “nearly every country on…
Month: June 2024
Leonardo AI Launches a New Model—Can It Dethrone Ideogram as Best Image Generator?
Leonardo AI, a popular generative image service, announced on Monday the release of its new model, Leonardo Phoenix. This release comes on the heels of Stability AI’s launch of its SD3 model, which delivered impressive prompt adherence and text generation capabilities, but was marred by controversy surrounding its licensing terms and perplexing misunderstanding of human anatomy. The creators of Leonardo…
Ethereum: Long-Term Holders Shape Its Future
In the volatile world of cryptocurrency, investor confidence is often gauged by the willingness to hold assets through market fluctuations. Recently, Ethereum has seen a strong vote of confidence from its community, marked by a record number of long-term holders. These HODLers are crucial to Ethereum’s future. Long-Term Holders on the Rise According to Glassnode data, a significant portion of…
Italian gov't to ramp up surveillance of crypto market
The latest draft policy stipulated fines between 5,000 – 5 million euros ($5,400-$5.4 million) for market manipulation and other financial crimes. Source: https://cointelegraph.com/news/italian-gov-ramp-up-surveillance-cryptocurrency-market
Germany Begins Selling Its Bitcoin Billions, Triggering Volatility Fears
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 The German government is starting to sell its sizable stash of Bitcoin that was seized from the operators of a movie piracy website, sparking concerns about…
Bitcoin’s days below $70K are numbered as traders cite BTC’s swing low as the bottom
A bullish chart pattern has bulls setting $72,000 as the new Bitcoin price target. Source: https://cointelegraph.com/news/bitcoin-s-days-below-70k-are-numbered-as-traders-cite-btc-s-swing-low-as-the-bottom
macOS of blockchains? Solana captures 60% of new DEX volume in May
Solana’s market share on decentralized exchanges rose from 0% in early 2021 to 24% in May 2024, thanks to a similar approach to Apple’s macOS, said Pantera Capital. Source: https://cointelegraph.com/news/mac-os-blockchain-solana-captures-60-new-dex-volume-may
Report Claims Jump Trading Under CFTC Probe for Crypto Activities
The Commodity Futures Trading Commission (CFTC) has initiated an inquiry into the cryptocurrency activities of Chicago-based Jump Trading, according to a report by Fortune’s Leo Schwartz. This investigation forms part of a larger regulatory review, though it does not suggest any wrongdoing by the firm. Jump Trading Under CFTC Scrutiny Jump Trading, noted for its […] Source: https://news.bitcoin.com/report-claims-jump-trading-under-cftc-probe-for-crypto-activities/
Hashing It Out: Layer-2 challenges and enterprise adoption with LightLink CEO
Roy Hui, co-founder and CEO of LightLink, breaks down what it takes to build a layer-2 platform in a very competitive field — from airdrops to developer engagement and adoption. Source: https://cointelegraph.com/news/hashing-it-out-layer-2-challenges-and-enterprise-adoption-with-lightlink-ceo
Tornado Cash Use Could Complicate CertiK’s Defense Against Kraken ‘Extortion’ Claims
Crypto Twitter’s blockchain sleuths are zeroing in on CertiK’s researchers, who apparently sent funds to a blacklisted crypto mixer after boosting them from Kraken in what it claims was a white-hat hack. The crypto exchange’s CSO, Nick Percoco, declared Wednesday that Kraken was treating $3 million in crypto lost as a “criminal case.” A group that had exploited a bug,…