The GameFi market is poised for significant growth, projected to expand at an annual rate of 68%, as per the findings by Nansen analysts. In fact, the blockchain analytics firm predicted that this rapidly evolving sector is on track to reach $301.5 billion by 2030. Expansion of Blockchain Gaming According...
Spot Bitcoin ETF Inflows Dwarf Gold ETFs’ First Year: Binance Research
Less than a year after their launch, spot Bitcoin ETFs have recorded unprecedented growth, boosting investors’ interest and demand for the largest cryptocurrency. A recent report by Binance Research, the research arm of the global cryptocurrency exchange, revealed that bitcoin ETFs have accumulated over 938,000 BTC, worth $63.3 billion. This...
Tether Unveils Satoshi Nakamoto Statue at Plan ₿ Forum in Swiss City Lugano
The world’s largest stablecoin issuer, Tether, has joined hands with authorities in the Swiss City of Lugano to unveil a new statue of the pseudonymous Bitcoin creator Satoshi Nakamoto at the third annual forum of the Plan ₿ initiative. According to a press release by Tether, the Satoshi Nakamoto statue...
Russian Influencer ‘Queen of Crypto’ Facing $22M Crypto Fraud Allegations: Report
A high-profile Russian influencer, popularly known as the “Queen of Crypto,” is under scrutiny for allegedly defrauding investors out of $22 million. According to various reports in the Russian press, Valeria Fedyakina, who made a name for herself as “Bitmama,” is accused of operating a pyramid scheme that ensnared multiple...
No More Flippening: Bitcoin Is Now Worth $1 Trillion More Than Ethereum
Bitcoin has assumed its biggest price lead in recent history over the altcoin ecosystem, leaving Ethereum – its perennial number 2 – in the dust. The market capitalization of the OG crypto is now over $1 trillion greater than its runner-up, which has hit its lowest price point against its...
Market Watch: Solana and Tron Defy Weekly Market Sentiment, Bitcoin Shaky at $67K
The past seven days didn’t go well for bitcoin, which is on course to end the week with minor losses of nearly 2%. The altcoins were a lot more volatile, but the majority are deep in the red now. Solana and Tron are among the few exceptions from the larger...
ETF Recap: Another Strong Week for Bitcoin Funds, Ethereum Demand Lacks
The spot Bitcoin ETFs enjoyed another week of substantial inflows, with almost $1 billion entering the funds in the past five trading days. The same cannot be said about their Ethereum counterparts, which actually ended the week with minor losses. $1B Enters BTC ETFs Weekly CryptoPotato reported last weekend that...
Ex-Mine Digital CEO Faces Charges Over $1.5M Embezzlement
Grant Colthup, the former CEO of ACCE Australia, is facing a single fraud charge following an investigation by the Australian Securities and Investments Commission (ASIC). Colthup, who appeared in the Magistrates Court at Ipswich, Queensland, was charged with embezzling $1.47 million (2.2 million Australian dollars) from a customer. $1.5M Bitcoin...
North Korean Hackers Used Fake NFT Game to Steal Wallet Credentials: Report
Reports have emerged that bad actors allegedly tied to North Korea’s Lazarus Group executed a complex cyberattack that used a fake NFT-based game to exploit a zero-day vulnerability in Google Chrome. According to the report, the vulnerability ultimately allowed the attackers to access people’s crypto wallets. Exploiting Chrome’s Zero-Day Flaw...
LayerK Announces New Feature Set Tailored for Blockchain Content Creators
[PRESS RELEASE – British Virgin Islands, British Virgin Islands, October 26th, 2024] The digital era has opened up countless opportunities for creators and entrepreneurs to showcase their talents, reach new audiences, and grow their businesses. LayerK plays a vital role in this ecosystem by providing the tools and resources that...