Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
A trader situated in Solana has made significant profits from trading different tokens with meme themes on the Solana blockchain, according to a report published on April 26 by blockchain analysis company Lookonchain. The trader, recognized by their Solana Name Service account “paulo.sol,” profited cumulatively from savvy investments in multiple memecoins, including as Dogwifhat (WIF), … Read more
Claims that the Central Bank of Nigeria (CBN) gave local banks orders to freeze customer accounts connected to unlicensed cryptocurrency exchanges have been denied. The CBN has denied issuing any orders to financial institutions to freeze accounts connected to exchanges including Binance, OKX, Bybit, and KuCoin, despite reports to the contrary. The central bank explained … Read more
The DePIN player Roam has received an undisclosed funding from Samsung Electronics subsidiary Samsung Next. According to Global Economic, a South Korean media outlet, Roam would use the funds to develop a global network of WiFi roaming stations. The company, run by MetaBlox, is also developing an ecosystem for DeWi, or decentralized WiFi. A Samsung … Read more
According to blockchain intelligence firm Arkham, millions of dollars are either “stuck” or “forgotten” about in at least two sizable bridge contracts for several recognized crypto addresses.In a post on April 22, X, Arkham stated, “There are dozens of accounts with 6-7 figures stuck in bridge contracts, forgotten about.” These accounts included wallets linked to … Read more
Twelve Solana presale meme currency initiatives have reportedly been “completely abandoned” in the past month, according to ZachXBT. This comes after investors contributed a total of $26.7 million to the projects. Suspended Solana Meme Coin Plans ZachXBT identified these ventures specifically and cautioned investors not to associate with any upcoming companies by the mentioned founders … Read more
The founder of the game studio Illuvium, Kieran Warwick, remarked that it’s a pretty simple method to gain market share. But according to Warwick, games that fall short in terms of enjoyment or gameplay are still destined to fail:“The problem with that is if you’re using it as a marketing tool and you don’t have … Read more
Google’s chief AI officer announced on Monday that the business will invest more than $100 billion in developing AI technology, after his comparison of the billions of dollars invested in AI development to the frenzy around cryptocurrencies. During a TED conference in Vancouver on Monday, Demis Hassabis, the CEO of Google DeepMind, answered questions regarding … Read more
To deploy its mainnet, Puffer Finance, a liquid staking business based on the Ethereum restaking technology Eigenlayer, has raised $18 million in a Series A fundraising round. The statement dated April 16 states that Brevan Howard Digital and Electric Capital led the round, with significant contributions from additional angel investors as well as Coinbase Ventures, … Read more
Because of the persistent bearishness in the cryptocurrency market, the floor price of the Bored Ape Yacht Club’s (BAYC) blue-chip NFT collections is currently at an all-time low. In a recent X post, Colin Wu’s media highlighted this trend. The floor price of BAYC NFT fell to 11.079 ETH tokens, or $33,924, according to data … Read more
ASIC, the Australian Securities and Investments Commission, has filed a civil lawsuit against the NGS firms and Brett Mendham, Ryan Brown, and Mark Ten Caten, the directors of those companies. After NGS Crypto Pty Ltd, NGS Digital Pty Ltd, and NGS Group Ltd (collectively, the “NGS companies”), three cryptocurrency mining companies, collapsed, hundreds of Australian … Read more