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In an event designed to be filled with laughter and light-hearted jabs, NFL legend Tom Brady found himself at the center of a Netflix roast that hit a bit too close to home.
The comedy special, “The Greatest Roast of All Time,” saw Brady facing sharp barbs from comedians, including Nikki Glaser. However, one particular joke about his financial losses in cryptocurrency visibly unsettled the...
Over 82.14 million Shiba Inu (SHIB) tokens have been burned, resulting in an extraordinary 4,111.57% increase in the burn rate over the past 24 hours.
Shibburn, the dedicated Shiba Inu burn tracker, monitored the development.
Can Shiba Inu Price Surge 24%?
The process of burning these tokens involves permanently removing them from circulation by transferring them to a dead wallet. This...
Two major Bitcoin (BTC) whales have stirred the cryptocurrency market with their recent transactions. One whale moved a significant amount of BTC after a decade-long dormancy, while another executed a large WBTC sale for millions in stablecoins.
These transactions highlight shifting strategies among significant players and hint at potential market implications.
Bitcoin Whales Are Re-...
South Korea has recently revised its Donation Act for the first time since 2006. On May 5, the government broadened the types of assets citizens could donate to charities, including various alternatives.
Interestingly, the South Korean government will not currently include cryptocurrencies like Bitcoin in its donation scope. This decision has sparked discussion among stakeholders and citizens...
Visa and Allium Labs dashboard disclosed that only 10% of stablecoin transactions in April were authentic. This finding suggests that stablecoins are still far from becoming a widely accepted payment method.
The analysis utilized a specialized dashboard that excludes transactions by bots and large traders to focus solely on genuine user activities.
Are Only Bots and Traders Using...
The US Department of Justice (DOJ) has escalated its crackdown on international money laundering. Authorities have indicted Maximilien de Hoop Cartier, allegedly linked to the Cartier family, for laundering drug proceeds through cryptocurrency.
In a parallel development, Alexander Vinnik, operator of the BTC-e crypto exchange, pleaded guilty to laundering over $9 billion. These efforts...
Bitcoin’s (BTC) price is anticipating a rally, which would help the cryptocurrency recover its recent losses. The institutions are the key to this, but retail investors are also gaining prominence in the market.
This would give BTC the necessary boost to break out of the current downtrend.
Bitcoin Demand Sees a Surge
Bitcoin’s price largely depends on the institutions for the present...
MakerDAO has recently executed substantial sales of its governance token, MKR. According to the on-chain analytical platform Spot On Chain, MakerDAO’s Multisign 0xbba deposited a significant 750 MKR, valued at $2.19 million, to Binance. This transaction happened through a middle wallet – 0x1cc at a price of $2,920.
This action is part of a broader trend that has garnered attention within the...
Binance Futures, the futures trading arm of the crypto exchange Binance, has announced significant operational changes that will impact various perpetual contracts. The exchange plans to delist and adjust the leverage and margin tiers for STP (STPTUSDT), Status (SNTUSDT), MovieBlock (MBLUSDT), Radworks (RADUSDT), and Convex (CVXUSDT) perpetual contracts.
These updates will take effect next...
In a resounding testament to the growing confidence in crypto ventures, funding in the crypto space has surged to an impressive $3.67 billion across 604 funding rounds in 2024.
This figure sets a brisk pace, poised to surpass the $9.3 billion raised in the previous year, according to data from industry analytics firm RootData.
Early Stage Investment Remains Crypto VC Focus in 2024...