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Ethereum Soars on ETF Hopes, Lifting the Market

May 21, 2024

Ethereum has seen a remarkable surge, skyrocketing over 20% amid rising speculation that an ETH ETF approval is imminent. This bullish sentiment has also lifted other cryptocurrencies like Arbitrum and …

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Gala Games Exploited for $200 Million

May 21, 2024

An unknown attacker exploited the blockchain gaming project Gala Games on May 20, resulting in approximately $200 million in losses, as per reports. The attacker minted 5 billion GALA tokens …

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Bitcoin ETFs Accumulate Nearly $1 Billion in Inflows

May 21, 2024

Bitcoin Exchange-Traded Funds (ETFs) have attracted almost $1 billion in fresh investments over a span of five days, reflecting a surge in interest in the top cryptocurrency. This influx has …

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Bitcoin Surges Past $70K Amid Ethereum ETF Speculation

May 20, 2024

Bitcoin (BTC) has broken the $70,000 barrier, reaching $70,325 before stabilizing at $68,700 on May 21. This milestone comes as a result of significant investment in spot Bitcoin exchange-traded funds …

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Polimec Web3 Funding Platform Launches and TikTok Decentralization Efforts Link to Polkadot

May 20, 2024

Polimec, a decentralized and community-driven funding parachain, has officially launched on Polkadot. This platform evaluates Web3 projects for potential fundraising, aiming to bring transparency, accessibility, and regulatory compliance to the …

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Former Pump.fun Employee Arrested Following $1.9 Million Crypto Exploit

May 20, 2024

Jarret Dunn, a former employee of Solana-based memecoin launchpad Pump.fun, is currently on bail in the United Kingdom following his recent arrest.Dunn, also known by his online alias “STACCoverflow,” admitted …

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Bitcoin Gains Amid Favorable CPI and ETF Inflows

May 20, 2024

Bitcoin (BTC) saw a significant boost driven by spot buying and notable inflows into Bitcoin ETFs in the US. The State of Wisconsin made headlines by purchasing $170 million worth …

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Genesis Agrees to Multi-Billion Dollar Settlement in Bankruptcy Plan

May 20, 2024

Bankrupt crypto lender Genesis has reached a significant agreement to settle a $2 billion payment aimed at partially reimbursing users of its defunct lending division. This substantial settlement forms part …

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Grayscale CEO Michael Sonnenshein Steps Down

May 20, 2024

Grayscale announced that CEO Michael Sonnenshein is stepping down and will be replaced by Peter Mintzberg, who is currently head of strategy for asset and wealth manager at Goldman Sachs. …

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Craig Wright's Claims of Being Satoshi Nakamoto Dismissed in UK Court

May 20, 2024

The full written judgment in the case of Dr. Craig Wright vs. COPA was released on May 20, offering a comprehensive refutation of Dr. Wright's assertions that he is Satoshi …

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