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Category: Solana

SpaceX Bitcoin write-down sparks confusion, Bitcoiners quiz Elon Musk

SpaceX Bitcoin write-down sparks confusion, Bitcoiners quiz Elon Musk

Elon Musk revealed that SpaceX holds Bitcoin on its balance sheet in 2021 but the exact amount of company’s holdings remain unknown. News <!–> –><!–> Join us on social networks –> SpaceX’s Bitcoin write-down report on Aug. 18 sparked confusion among the crypto community. The report published in The Wall…

Breaking: Binance Connect shutting down on August 16

Breaking: Binance Connect shutting down on August 16

A spokesperson said the move came in response to ‘changing market and user needs.’ Breaking news <!–> –><!–> Join us on social networks –> Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a…

What is PayPal USD, and how does it work?

What is PayPal USD, and how does it work?

By unveiling its stablecoin, PayPal is attempting to claim a share of the growing cryptocurrency market.  The company says that PYUSD will be able to support quick fund transfers for various purposes, such as remittances. PayPal has also indicated that the new cryptocurrency will be compatible with Web3 environments and…

Metaverse project The Sandbox unlocks $133M worth of tokens

Metaverse project The Sandbox unlocks $133M worth of tokens

The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisors. News <!–> –><!–> Join us on social networks –> Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND…

Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC

Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC

SHIB, UNI, MKR and XDC show signs of strength even as Bitcoin price remains stuck inside a narrow range. Price Analysis <!–> –><!–> Join us on social networks –> Bitcoin (BTC) is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is…

XRP briefly hits $50 on Gemini as users suspect relisting ‘price glitch’

XRP briefly hits $50 on Gemini as users suspect relisting ‘price glitch’

Gemini is investigating the root cause behind the suspected price glitch. News <!–> –><!–> Join us on social networks –> Crypto users are reporting seeing “wonky” prices for Ripple’s XRP (XRP) token on the Gemini crypto exchange, only hours after it relisted the token on its platform for deposits and…

Binance invests $5M in Curve token as hacker partially returns funds

Binance invests $5M in Curve token as hacker partially returns funds

Twenty-seven percent of the funds stolen in the July 30 exploit have yet to be returned. News <!–> –><!–> Join us on social networks –> Binance Labs, the venture arm of cryptocurrency exchange Binance, has invested $5 million in Curve (CRV), the namesake token of the decentralized stablecoin trading platform.…

Circle preps $1B war chest to deal with market threats from PayPal and others

Circle preps $1B war chest to deal with market threats from PayPal and others

Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as the summer winds down. News <!–> –><!–> Join us on social networks –> Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization…

Why is Shiba Inu price up today?

Why is Shiba Inu price up today?

Shiba Inu is up today as traders assess its inclusion in BitPay’s new bill payment service. Altcoin Watch <!–> –><!–> Join us on social networks –> The price of Shiba Inu (SHIB) is up today amid a broader crypto market upswing and a supportive fundamental factor. What’s driving SHIB’s price…

Blockchain Capital’s X account hacked promoting token claim scam

Blockchain Capital’s X account hacked promoting token claim scam

The account has made multiple posts promising a token giveaway and ushers users to a copycat website to connect their crypto wallet. News <!–> –><!–> Join us on social networks –> The X (Twitter) account of crypto-focused venture capital firm Blockchain Capital has seemingly been taken over by scammers attempting…