Day: 18 April 2024

Lawmakers in Arkansas's House of Representatives have passed two bills that potentially lay the groundwork for potential restrictions on cryptocurrency mining in the State. While these bills have not yet evolved into full-fledged laws, they have initiated crucial discussions and could lead to significant regulatory changes. During a hearing on ...

Bitcoin (BTC) has experienced a notable decline of more than 10% over the past week, dipping below the $62,778 price mark. While such price corrections are common in market cycles, analysts suggest that this downturn may not be coming to a close, especially with the highly anticipated token halving event ...

The web3 sector witnessed a significant surge in venture capital investments during the first quarter of 2024 compared to the preceding time frame in 2023, according to new data from Crunchbase.  In a recent report, Crunchbase noted that this was the first notable uptick in investments in the sector since ...

Web3 firms witnessed a remarkable 55% surge in investments during the first quarter of 2024 compared to the preceding quarter, as revealed by a report by QuickNode and Artemis. The report highlighted a 36% increase in the number of venture capital deals within the web3 sphere during the same period. ...

The cryptocurrency market witnessed a significant surge in value from October 2023 to March 2024, according to a new report released by Bybit in collaboration with Treehouse. During this period, the market capitalization soared from just over $1 trillion to over $2.6 trillion by March 2024. This surge in value ...

OMNI, the native token of Omni Network's Ethereum rollup-connecting layer-1 testnet blockchain, has suffered a severe setback, with its value plummeting by over 55% within 18 hours of its post-airdrop event. Initially valued at around $560 million, the token's market capitalization now is approximately $267.5 million. The airdrop, which took ...

On Wednesday, April 18, 2024, Binance converted all assets in its Secure Asset Fund for Users (SAFU) into USD Coin (USDC). According to data from Etherscan, over 800 million USDC was transferred from the SAFU wallet address at 2:35 am UTC with a gas fee of $1.88.  In a blog ...

Binance is set to re-enter the Indian financial market after a four-month hiatus, during which it temporarily suspended its operations in the country. According to the Economies Times, a local media, the exchange will pay a $2 million fine for noncompliance with local laws before resuming its activities. In January ...