Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
Toncoin (TON), the native cryptocurrency for The Open Network blockchain backed by the Telegram social network, has experienced a significant uptick, rising approximately 14% in the past 24 hours to trade around $6.9 during the mid-London session on Friday. The Toncoin project has emerged as a top-tier layer one (L1) blockchain, boasting a total value … Read more
Notcoin (NOT), a play-to-earn game and token integrated as a mini-app on Telegram, is gaining traction as major cryptocurrency exchanges prepare to list the token. ByBit has officially announced the listing of Notcoin on its platform, with deposits already available as of May 9. Trading and withdrawals for NOT on ByBit are scheduled for May … Read more
According to Glassnode’s recent newsletter “The Week On-Chain” dated May 7, Ethereum’s Ether (ETH) has demonstrated comparatively weaker performance in this market cycle when compared to Bitcoin (BTC), which is currently priced at $62,988. This discrepancy in performance may pose a risk for new ETH holders who could potentially face losses. Glassnode’s analysis highlighted the … Read more
Arch Labs has secured a $7 million investment to develop a Bitcoin-native application platform. Multicoin Capital led the seed funding round, with participation from other key players such as Portal Ventures, OKX Ventures, Big Brain Holdings, and more. The investment aims to fuel Arch’s development of decentralized finance (DeFi) applications directly on the Bitcoin blockchain. … Read more
At the time of reporting, Bitcoin’s value stands at $61,512, experiencing a 1.4% decrease over the past 24 hours. Despite this decline, Bitcoin continues to attract significant attention from analysts and investors. Ki Young Ju, CEO of analytics firm CryptoQuant, recently highlighted the potential for Bitcoin’s network fundamentals to support a market valuation three times … Read more
FTX has revealed a fresh repayment proposal as part of its ongoing bankruptcy proceedings, aiming to fully settle debts owed to creditors. The plan, unveiled on a Tuesday, seeks to use asset prices from November 2022, potentially including interest, to achieve this goal. While FTX has amassed between $14.5 and $16.3 billion, it still owes … Read more
Harvest Global Investments, the firm behind the introduction of Hong Kong’s first Bitcoin and Ethereum ETFs, is planning to extend these investment vehicles to mainland Chinese investors through the Hong Kong Stock Connect. This move has the potential to significantly broaden the investor base and influence the cryptocurrency market in Asia. At the recent Bitcoin … Read more
Canada’s financial regulator, FINTRAC, has fined Binance, the world’s largest cryptocurrency exchange, a hefty sum of 6 million Canadian dollars, approximately $4.4 million USD. This penalty stems from Binance’s failure to adhere to regulations concerning money laundering and terrorist financing. FINTRAC identified various breaches, including Binance’s failure to register as a foreign money-services business and … Read more
Marathon Digital, a Bitcoin mining firm, encountered operational hurdles but managed to achieve record financial results in the first quarter of 2024, according to its quarterly earnings report. During this period, Marathon produced 2,811 Bitcoins, marking a decrease of 33.73% compared to the last quarter of 2023. Despite this decline in production, the company reported … Read more
The Starknet Foundation has recently announced the launch of a significant initiative, the $5 million Seed Grants Program, denominated in USDC, aimed at accelerating the development of emerging projects on its network. This program intends to offer crucial financial support to approximately 200 emerging teams, with each team receiving a grant of $25,000. The primary … Read more