Bitcoin whales snapped up $4.3B of BTC amid price slump
Bitcoin whales haven’t accumulated this much Bitcoin over a 30-day period since April 2023, shortly after several local banks in the United States collapsed.
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Avalanche-based Pangolin Dex set to make debut on Flare blockchain
Pangolin can offer DEX-as-a-service features to any Flare-based application that wants to incorporate direct token swaps into its user experience. 27 Total views 17 Total shares Pangolin, a decentralized exchange (DEX) on the Avalanche network, will debut on the layer-1 blockchain Flare network. Flare is known for its interoperability solutions and Pangolin hopes to utilize…

CryptoKitties Devs Secure Patent for NBA Digital Tokens
Dapper Labs, the company behind the blockchain-based game CryptoKitties, has obtained a patent in Brazil enabling them to create collectible digital tokens in partnership with the National Basketball Association (NBA). According to the March 24 edition of the Intellectual Property Magazine of Rio de Janeiro, Dapper Labs now has the rights to use NBA branding —…

Tether launches Synonym to boost Bitcoin adoption through Lightning Network
The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform. 978 Total views 16 Total shares Synonym Software Ltd., a company founded by stablecoin issuer Tether Holdings Limited, officially launched on Tuesday, setting in motion a highly ambitious project to bring Bitcoin (BTC) transactions mainstream…

Investors’ perception of crypto is changing for the better: Economist survey
Investors see cryptocurrencies as increasingly useful as the portfolio diversifies, according to an Economist report on consumer trust in digital currencies. A report published by the Economist paints a bright future for cryptocurrency adoption, with survey respondents anticipating growing demand in the near future.Economist Impact published findings of its ‘Digimentality Report’, delving into consumer trust…

NEXO risks 50% drop due to regulatory pressure and investor concerns
Crypto lending firm Nexo is at risk of losing half of the valuation of its native token by the end of 2022 as doubts about its potential insolvency grow in the market.Is Nexo too centralized?For the unversed: Eight U.S. states filed a cease-and-desist order against Nexo on Sep. 26, alleging that the firm offers unregistered securities…

Bitcoin price fills CME futures gap but forecasts say $25K may be next
Bitcoin's price risks more downside as $28,000 is now a key level to hold in order to avoid a return to the mid-$20,000s. 597 Total views 5 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) hit new intraday lows on April 21 as traders warned that $25,000 might come…

NFT gas usage drops, Ordinals nonprofit launches: Nifty Newsletter
An NFT trader who noticed a bot was copying his trades tricked the bot out of 800 ETH, worth around $1.5 million. 177 Total views 3 Total shares In this week’s newsletter, read about how the team behind Bitcoin Ordinals plans to drive the development of nonfungible tokens (NFTs) on Bitcoin and find out why…

Etherscan releases v2 beta: Unifies API for over 50 blockchains
Etherscan’s v2 API beta unifies access to more than 50 EVM-compatible networks, simplifying development and increasing efficiency.