[PRESS RELEASE – Wan Chai, Hong Kong, January 29th, 2025] Ice Open Network (ION), a high-performance, privacy-focused Layer-1 blockchain, today announced its official mainnet launch after reaching a 200 validator headcount. This milestone comes after a comprehensive development and testing phase, alongside ecosystem growth that has led to ION building a community of 40 million […]
Crypto markets are down a further 2.7% on the day, with total capitalization falling to $3.6 trillion, and altcoins are taking the brunt of the fall. “Capital is unlikely to rotate from BTC to alts because the majority of CT [crypto Twitter] is self-confessed to be mostly in altcoins,” observed trader ‘TXMC’ on Jan. 29. […]
It is “another milestone for the Everything App,” said X CEO Linda Yaccarino on Jan 28. “Visa is our first partner for the X Money account, which will debut later this year,” she added. The social media company will use Visa Direct, Visa’s solution for real-time money transfers, to load money into X Money’s wallet. […]
World Liberty Financial (WLF) – a venture linked to Donald Trump and his family – has been on an aggressive accumulation spree. In fact, the public wallet associated with WLF now holds $370.4 million in assets across 44 distinct cryptocurrencies. WLF Targets DeFi Leadership According to Santiment’s findings, these accumulation strategies signal its growing influence […]
Brian Armstrong, who heads the largest crypto exchange in the United States, Coinbase, has suggested a rethink of the company’s token listing process to respond to the incredibly high number of digital currencies being created every week. According to the crypto executive, approximately one million tokens are launched weekly, making it impossible to evaluate each […]
Seychelles-based crypto exchange – KuCoin – has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin faces monetary penalties of more than $297 million, which includes a forfeiture of $184.5 million and a fine of $112.9 million. KuCoin will also be suspending its US market activities for two years. Founders Michael […]
Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent a few hours in the five-figure territory, finding solid support from which to bounce. On Jan. 28, analyst ‘Rekt Capital’ said that Bitcoin had completed […]
Wall Street feared Monday that a flashy showing by a Chinese open-source AI startup meant the Internet won’t need faster chips. The decline in Nvidia shares was dramatic on Monday, starting off the morning with a bang. NVDA went into free fall right out of the gate. Within minutes of the stock exchanges’ opening, the […]
Dean Norris, best known for his role in Breaking Bad, has become the target of hackers again. His X account was recently compromised to promote a fraudulent meme coin named DEAN. Details from the Exploit An X user who shared a screenshot of the deleted posts described the incident as one of the “most believable” […]
Rosseti Group – Russia’s leading electric grid operator – has announced its interest in becoming an operator for hosting mining infrastructure. The company told TASS that this initiative focuses on utilizing underloaded power supply centers, improving capacity utilization, and fostering economic growth. Rosseti Targets Crypto Mining to Use Idle Power According to the report, Rosseti’s […]