News

FTX has filed an unexpected reorganization plan, indicating that almost all account holders will receive full repayment for their claims, potentially even with additional cash. This windfall comes as FTX recovered billions more dollars than initially expected following its collapse in November 2022. The recovered funds, totaling around $15 billion, primarily came from selling venture … Read more

A notable transaction has attracted the notice of traders and analysts within the cryptocurrency community. An astute investor has recently acquired a significant quantity of Fantom (FTM) tokens, suggesting a potentially tactical maneuver. This acquisition underscores the transparency inherent in the cryptocurrency market, where substantial investments capable of impacting market dynamics can be promptly identified. … Read more

According to data from IntoTheBlock, Polygon (MATIC) reached a significant point where 31,000 addresses collectively acquired 216.94 million tokens at an average price of $0.73. This price level served as a breakeven point for these holders and could potentially act as a crucial level for the MATIC token. As of the latest data, 111,724 addresses, … Read more

According to blockchain data, a hacker who stole $125 million from Poloniex’s hot wallets in November has transferred 1,100 ether (ETH) to the sanctioned coin mixer Tornado Cash. The value of the transferred ether is approximately $3.3 million, and it was sent to Tornado Cash in batches of 100 ETH each on Tuesday after remaining … Read more

The rise of strong AI, or AGI, is no longer confined to the realms of science fiction; it’s increasingly becoming a tangible reality shaping discussions in the Web 3.0 sphere. This surge in interest has led companies and investors to prioritize AI integration, reminiscent of the crypto boom when blockchain was eagerly adopted across various … Read more

BioNTech SE (BNTX) has released its financial results for Q1 2024, detailing progress in its pipeline, including potentially registrational trials and clinical data presentations. Despite these advancements, the company reported Q1 revenues of €187.6 million and a net loss of €315.1 million, reflecting investments in R&D, particularly in cancer vaccines and COVID-19 adaptations. BioNTech aims … Read more

Jack Dorsey, the co-founder of Twitter (now X), has made a sudden exit from the board of Bluesky, a decentralized social media platform he once championed. This move hints at a potential shift in Dorsey’s priorities and a potential warming of relations with Elon Musk. Dorsey announced his departure on X itself, the platform that … Read more

Vitalik Buterin, Ethereum’s co-founder, has reignited interest in Fully Homomorphic Encryption (FHE), an innovative encryption technology.  Buterin brought attention to his 2020 article titled “Exploring Fully Homomorphic Encryption,” sparking conversations about its potential to revolutionize data security. FHE’s key feature is its ability to perform calculations on encrypted data without the need for decryption, offering … Read more

MakerDAO has recently conducted significant sales of its governance token, MKR, with notable transactions observed on the blockchain. According to data from Spot On Chain, MakerDAO’s Multisign 0xbba transferred 750 MKR, valued at $2.19 million, to Binance through an intermediary wallet at a price of $2,920. Spot On Chain analysis indicates that since its resurgence … Read more

A consortium of investors has initiated a class-action legal action against Coinbase, the well-known American cryptocurrency platform. They claim that the company has been providing and trading unregistered securities and investment opportunities to its clientele. This lawsuit has been lodged in the Northern District of California, specifically targeting Coinbase Global Inc. and its CEO, Brian … Read more