BlockDAG Spearheads Mobile Crypto Mining With $9.9 Million Presale Success, Leading Over Wrapped Kava Gains And Bitgert Coin
Blockonomi
by BTCWire
3m ago
Is the next big leap in cryptocurrency mining destined for our smartphones? BlockDAG is turning this prospect into reality, marking the dawn of a new age in mobile cryptocurrency mining. With its presale climbing to an impressive $9.7 million, BlockDAG emerges as a leader in innovation, providing an easy, accessible way for people to mine cryptocurrencies via its mobile application. This development streamlines the mining process and makes it universally accessible, allowing anyone with a smartphone to join in. While Wrapped Kava sees a surge in value and Bitgert Coin draws attention with its ..read more
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The Rise & Fall of Sam Bankman-Fried: 25 Years Behind Bars, Is Justice Served?
Blockonomi
by Oliver Dale
13h ago
Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, was sentenced to 25 years in prison on Thursday by US District Judge Lewis Kaplan in New York. The sentence comes after SBF was convicted on seven counts of fraud and conspiracy charges last year, following the dramatic collapse of FTX in November 2022. TLDR Former FTX CEO Sam Bankman-Fried (SBF) was sentenced to 25 years in prison for fraud and conspiracy charges related to the collapse of the cryptocurrency exchange FTX. The judge rejected the defense’s argument that the harm from SBF’s fraud was effectively “zer ..read more
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MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees
Blockonomi
by chainwire
14h ago
London, United Kingdom, March 28th, 2024, Chainwire MetaWin, the trailblazing platform for on-chain prize competitions, is delighted to announce the incorporation of the Base and Arbitrum Layer 2 (L2) blockchain networks into its on-site swap feature. This ground-breaking update represents a significant milestone in MetaWin’s quest to deliver an unmatched gaming experience, offering faster transactions and substantially reduced fees for its users. By embracing the capabilities of the Base and Arbitrum L2 chains, MetaWin not only improves its platform’s efficiency but also solidifies its positi ..read more
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BlockDAG Announces $600 Million Roadmap in Keynote, Overshadows BOME Value And Stellar Lumens (XLM) Forecasts For 2024
Blockonomi
by BTCWire
14h ago
Lately, the spotlight has been on Book Of Meme (BOME) and Stellar Lumens (XLM) for their remarkable performances. However, a groundbreaking announcement from BlockDAG at its keynote reveal in Shibuya, Tokyo, has potentially reshaped the landscape of the cryptocurrency sector. Up to this point, BlockDAG’s presale (currently in its fifth batch) has successfully gathered over $9.9 million. Positioning itself as a formidable challenger to Kaspa, BlockDAG chose a notable event in Shibuya’s bustling district to share its ambitious goals, unique selling points, and a roadmap outlining its strategic d ..read more
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ETH ETF: Top Analyst States There’s A 35% Chance Of Ethereum (ETH) ETF Approval
Blockonomi
by BTCWire
16h ago
The cryptocurrency community is abuzz with speculation and anticipation over the potential approval of an Ethereum (ETH) Exchange-Traded Fund (ETF), a development that could significantly impact the landscape of digital asset investments. A top analyst has recently pegged the chance of an Ethereum (ETH) ETF approval at 35%, a figure that has sparked considerable discussion among investors and enthusiasts alike. This article delves into the analysis behind this prediction, exploring the implications of an Ethereum (ETH) ETF on the market, including the reactions from emerging cryptocurrencies l ..read more
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Memes 30,000% Rally Comes to A Hault, Investors Diversify with New 1000x A.I Token Presale Currently Raised $3.2 Million
Blockonomi
by BTCWire
16h ago
In the growing cryptocurrency market, meme coins have dominated headlines with their astronomical rallies, reaching upwards of 30,000% gains. These impressive surges, however, have recently come to a halt, leaving investors searching for the next big opportunity. Amidst this search, a new contender has emerged, capturing the attention of the crypto community: Option2Trade (O2T). This innovative A.I-powered token is not just another addition to the market; it’s a groundbreaking investment opportunity, boasting a presale that has already raised an impressive $3.2 million. Option2Trade (O2T): Re ..read more
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U.S. Judge Dismisses SEC Allegations Against Coinbase Wallet
Blockonomi
by Oliver Dale
21h ago
In the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Coinbase, a federal judge has dismissed SEC allegations against Coinbase Wallet, the company’s self-custody crypto wallet app. U.S. District Judge Katherine Failla determined that Coinbase’s self-custody wallet doesn’t make it a broker, a decision that crypto lawyers hail as a “giant win” for self-custody wallets and decentralized finance (DeFi) apps. TLDR A U.S. judge dismissed SEC allegations against Coinbase Wallet, ruling that the self-custody crypto wallet doesn’t make Coinbase a broker, which is se ..read more
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Galaxy Digital CEO: National Debt & Boomer Wealth to Drive Bitcoin Demand
Blockonomi
by Oliver Dale
21h ago
Bitcoin (BTC) prices have been relatively stable over the past 24 hours, trading around the $70,000 level amid a lack of significant catalysts following a volatile week. Despite briefly surpassing $71,000 on Tuesday, prices have since retreated and remain steady ahead of a major options expiry on Friday. TLDR Galaxy Digital CEO Mike Novogratz expects Bitcoin to consolidate between $58K and $75K in the near term before the next leg up. Novogratz cites massive “boomer wealth” and national debt woes as factors that could drive extra demand for Bitcoin over the next four years. Bitcoin Cash (BCH ..read more
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Ethereum’s Staking Surge: One Million Validators and Counting
Blockonomi
by Oliver Dale
21h ago
The Ethereum network has achieved a significant milestone by surpassing one million validators, with approximately 32 million Ether (ETH), worth around $114 billion, staked within the network. This staked ETH represents about 26% of the total supply, highlighting the substantial commitment to Ethereum’s proof-of-stake (PoS) consensus mechanism. TLDR The Ethereum network has reached one million validators, with 32 million ETH (approximately $114 billion) staked, representing 26% of the total supply. Lido, an Ethereum staking pool, accounts for around 30% of the staked ETH, allowing users with ..read more
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QuadrigaCX Mystery: Unexplained Wealth Order Filed Against Co-Founder Michael Patryn
Blockonomi
by Oliver Dale
21h ago
The British Columbia Civil Forfeiture Office has taken action against Michael Patryn, co-founder of the now-defunct QuadrigaCX cryptocurrency exchange, by filing an unexplained wealth order (UWO) with the British Columbia Supreme Court. This move aims to seize a substantial amount of assets, including $250,200 in cash, 45 gold bars, luxury watches, and other items found in a safety deposit box linked to Patryn. TLDR British Columbia’s Civil Forfeiture Office has filed an unexplained wealth order (UWO) against QuadrigaCX co-founder Michael Patryn. The order aims to seize assets including $250 ..read more
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