The cryptocurrency market has been experiencing a resurgence in popularity, prompting fund managers to introduce new products to cater to investor demand. One such development is the launch of the VanEck Bitcoin ETF on Australia’s main stock market, the Australian Securities Exchange. This marks a significant milestone in the cryptocurrency investment landscape and demonstrates the
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Zeek, a decentralized collaboration network, recently completed a seed funding round of USD 3M from investors like OKX Ventures, Animoca Brands, and Mask Network. They plan to revolutionize social collaboration in the SocialFi space using reputation mechanisms and NFT collections. However, upon closer inspection, there are several aspects of Zeek’s project that raise questions and
In a recent development, the omnichain tokenization protocol Holograph has announced a technical partnership with web3 cybersecurity specialist Halborn. This collaboration aims to address a recent security incident where a malicious attacker was able to mint the native Holograph token, HLG. Halborn has been brought onboard to conduct regular audits and enhance the security of
SynFutures, a prominent DeFi derivatives protocol, has recently revealed its plans to broaden its reach to Base, Coinbase’s L2 network. This strategic move marks a significant milestone for SynFutures as it aims to provide users with unique trading opportunities and support vibrant community-driven projects. The expansion to Base underscores the protocol’s commitment to growth and
Bitcoin, the original cryptocurrency, has long been known for its extreme volatility. However, recent research by Kaiko Research suggests that this volatility is on the decline as Bitcoin matures. Despite this overall trend, last week saw a rollercoaster ride for Bitcoin prices due to macroeconomic updates in the US. Prices swung from $66,000 to nearly
Solciety, a fresh face in the crypto world’s PolitiFi sector, has officially launched with a 30-day presale of its Solciety (SLCTY) tokens on June 18th, 2024. The project kicks off with 3 billion SLCTY tokens up for grabs, starting at $0.0015 and increasing in price every 72 hours over ten stages. The final presale price
Bitcoin price took a slight dip on Monday, reversing the minor gains seen over the weekend as the overall crypto market stabilizes. The premier cryptocurrency saw a decline of 0.34% in the past 24 hours, settling at $65,764.8 by 06:16 am ET (11:16 GMT). This followed a spike to $66,914 on Sunday after hovering above
The crypto market has been relatively quiet, with Bitcoin and other major assets experiencing minimal movement. Bitcoin recently dropped to its lowest price in nearly a month, hitting $65,005 before a slight recovery to $66,571. Despite this, the market performance remains mixed, with some cryptocurrencies showing losses over the 24-hour period. Michael Saylor, chairman and
Hong Kong’s Financial Services and the Treasury Bureau Director, Paul Hui, has emphasized the region’s strategic positioning as a key advantage in exploring various developmental areas. According to Hui, Hong Kong stands out as the only city that enjoys both global and Chinese advantages. In his recent presentation, Hui identified areas such as green finance,
Peter Brandt, a well-known trader in the cryptocurrency community, recently shared a video on his X account that highlights the recent BTC Prague event. During this event, Jack Mallers, CEO of Strike, delved into the significance of comprehending the proof-of-work concept and the decentralized peer-to-peer network that Satoshi Nakamoto envisioned. Mallers elaborated on how proof