Category : CoinJournal

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Crypto Fear and Greed Index hits 30, lowest level in 18 months

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Bitget Proof-of-Reserves (PoR) in June portrays a 46% increase in user assets for Ethereum (ETH)

Victoria, Seychelles, June 25th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has shared its monthly update for the transparent tracking of its proof-of-reserves (PoR) highlighting the reserve ratios of...

Bitget Wallet Integrated on Eigenpie, Amplifies Restaking Services

Victoria, Seychelles, June 25th, 2024, Chainwire Eigenpie, a leading liquid restaking platform for Ethereum, has officially introduced support for& Bitget Wallet& on its platform. This new wallet integration enables Bitget Wallet users to sea...

Promontory Technologies Goes Live for External/LP Investors

Road Town, British Virgin Islands, June 25th, 2024, Chainwire Promontory Technologies is excited to announce the launch of its Promontory Alpha Fund, a quantitative, systematic, multi-strategy approach to trade liquid listed digital (“crypto&rd...

Bitcoin dips to $60k as Solciety’s presale rakes in $400k in a week

Key takeaways Bitcoin briefly dropped below $59k on Monday as Mt. Gox plans to repay some of its clients. Solciety has raised $400k in a week as its 30-day presale begins excellently. BTC slips below $59k as buyers suffer losses The cryptocurrency...

Bitcoin drops below $60k amid fresh sell-off pressure

Bitcoin (BTC) price fell more than 5% to drop below the $60,000 threshold. The declines came after news that Mt.Gox will start repaying its creditors in July, with potential $9 billion sell-off pressure incoming. Bitcoin price has dropped below the...

ZKsync opens second round of ZK token airdrop claims

ZKsync’s second wave of ZK token claims is now live ZK Nation announced participants can check eligibility if they are Protocol Guild members, project contributors (external) or if nominated by a native ZKsync project. The ZK token trades arou...

Tether announces cease of USDT minting on Algorand and EOS

Tether ceases USDT minting on EOS and Algorand starting June 24, 2024. Tether will redeem USDT on EOS and Algorand for the next 12 months. Tether’s shift focuses on security, efficiency, and community-driven blockchain support. Effective June...

Security breach reports send Farcana (FAR) crushing 60%

Farcana (FAR) token has plunged 60% due to a reported wallet hack. Farcana has responded to the breach reports and urged caution, reassured users of ongoing security efforts. Founded in 2022, Farcana got substantial backing from investors like Animo...

BODEN, TREMP and SLCTY eye bounce despite Bitcoin’s struggles

Solciety (SLCTY) is a new PolitiFi token on Solana. BODEN and TREMP are two of the top PolitiFi meme coins that could experience volatility this week. Despite Bitcoin’s struggles, the Biden vs. Trump debate may be a huge catalyst. Most meme c...

Light Protocol and Helius Labs launch ZK Compression on Solana to reduce storage costs

The ZK Compression uses zero-knowledge proofs for data compression. The ZK Compression slashes Solana on-chain storage costs by 99%. The ZK Compression operates as an integrated L1 solution, avoiding typical L2 complexities. Light Protocol and Heli...

Bitget Wallet Introduces Advanced TON Network Integration for dApps

Victoria, Seychelles, June 24th, 2024, Chainwire Bitget Wallet& the world’s leading Web3 trading ecosystem, has launched a comprehensive support package for the TON network. This initiative strengthens Bitget Wallet’s connection to de...

Metaplanet doubles down on Bitcoin, eyes additional $6.2 million purchase

Japanese firm Metaplanet announces 1 billion yen ($6.2 million) BTC purchase. Funds will come from proceeds of a bond issuance. Metaplanet, a top Japanese investment firm that has recently adopted the Bitcoin strategy by adding BTC to their balance...

CoinStats temporarily shuts down, advises users to transfer their funds

CoinStats has temporarily shut down its app after the June 22 security breach. Users are advised to transfer funds immediately using exported private keys. Scam notifications have been distributed through the CoinStats push notification and an in-ap...

JasmyCoin defies broader crypto market as price surges 12%

JasmyCoin surges 12% as price defies broader crypto market JASMY could flip to $0.04 if bulls hold above key support level JasmyCoin (JASMY), the native token of a Japan-based cryptocurrency project for decentralized data, has witnessed a significa...

FLOKI Unveils New Developments and Strategic Marketing Initiatives

Miami, FL, June 21st, 2024, Chainwire Beyond market trends, FLOKI has emerged as a significant entity in the meme coin sector. Its success is driven by practical applications, a robust presence, and a dedicated community. A key factor behind FLOKI&rs...

The Next StepN is Coming – 8uddy, the Companion AI Product in the Web3 Space, Positioned to Become the Next Big Trend

An all-around introduction to the new project 8uddy, allowing users to fully understand the development prospects and core advantages of this project, and helping users discover the most potential projects before the arrival of the Web3 bull market....

Standard Chartered to launch BTC, ETH spot trading desk: Bloomberg

Standard Chartered is eyeing a spot cryptocurrency trading desk for Bitcoin and Ether. The bank would become the first global banking giant to make a foray into spot crypto trading. Standard Chartered backs institutional crypto trading platform Zodi...

Bitcoin dips below $65k as bears take control: Memeinator now trading on MEXC and Uniswap

Key takeaways Bitcoin has slipped below $65k, losing more than 4% of its value this week. Memeinator is now trading on MEXC and Uniswap exchanges. Bitcoin could dip below $64k soon Bitcoin, the leading cryptocurrency by market cap, has been underpe...

Donald Trump receives $2M Bitcoin donation from Winklevoss twins

Winklevoss twins donate $2M in Bitcoin to Donald Trump’s campaign. The Gemini founders cited Trump’s pro-business and pro-crypto stance as reasons for their support. Trump’s campaign recently announced that it would start accepting...

Kraken gets back all the funds taken during the recent “whitehat” attack

CertiK exposed a vulnerability, extracting $3 million before reporting it to Kraken. Kraken patched the bug quickly after the alert from CertiK. CertiK has returned the funds after some procedural disputes. Kraken has successfully reclaimed nearly...

EasyA’s Web3 Developer Community Surpasses One Million and Launches Polkadot Education

London, United Kingdom, June 20th, 2024, Chainwire EasyA, the world’s leading Web3 education app, has confirmed that its community recently surpassed one million developers, and will build off this success with the launch of its Polkadot educat...

BitFlyer to acquire FTX Japan for billions of Yens

BitFlyer, a major Japanese exchange, is angling to acquire FTX Japan, a subsidiary of the bankrupt FTX exchange. The exact value of the acquisition hasn’t been made public though it is expected to be billions of yens. The acquisition is poised...

SOL Meme and PolitiFi Colossus, Solciety Raises $300k in Under 48 Hours

London, London, June 20th, 2024, Chainwire Solciety, a prominent player in the PolitiFi meme coin sector, has successfully raised over $300,000 within the first 48 hours of its presale, which commenced at 14:00 UTC on 18th June. The presale is schedu...

India orders Binance to pay $2.25 million fine for AML violations

Binance faces a $2.25 million penalty reportedly imposed by India’s Financial Intelligence Unit (FIU). The penalty relates to the crypto exchange’s violation of India’s anti-money laundering (AML) regulations. India’s financ...

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