In recent developments, the once-defunct cryptocurrency exchange Mt. Gox has begun repaying creditors impacted by the 2014 hack. This move has sparked interest and speculation within the crypto community, particularly regarding the potential impact on the market. Initially, there were concerns among crypto investors that the repayment of Bitcoin and Bitcoin Cash to Mt. Gox
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Crypto exchange Bitstamp has taken a significant step towards returning recovered digital assets to creditors of the now-defunct Mt. Gox exchange. This development marks a crucial milestone in the decade-long struggle to compensate those impacted by the notorious 2014 hack that eventually led to the collapse of Mt. Gox. Bitstamp is just one of the
Save, formerly known as Solend, has recently rebranded and relaunched its platform on Solana to offer a wider range of financial products and services to its users. This strategic evolution signals a new chapter for the platform as it aims to provide enhanced financial opportunities for the Solana community. The rebranding to Save comes after
Igloo, Inc., the company known for its popular NFT brand Pudgy Penguins, has recently secured a whopping $11 million in funding to propel the development of its groundbreaking Ethereum layer-2 scaling network, Abstract. This significant achievement marks a crucial step forward in Igloo’s quest for blockchain innovation. The lead investor in this successful funding round
The much-awaited Ethereum ETFs have finally made their debut in the market, signaling a significant milestone for Ethereum and other altcoins. Industry experts and enthusiasts are closely monitoring how these ETFs could potentially influence Ethereum’s price movements in the upcoming months. One prominent figure in the crypto space, known as Doctor Profit, has made a
The recent price action of Ethereum has been consolidating above the 100 and 200-day moving averages, indicating a bullish trend in the market. After breaking above the critical 100-day moving average at $3,354, Ethereum entered a phase of sideways fluctuation, lacking clear direction. This period confirms the breakout and suggests an equilibrium between buyers and
The recent performance of the popular meme coin, Shiba Inu (SHIB), has been lackluster, with a significant drop of 13% in the past week according to CoinGecko’s data. Analysts are divided on the future trajectory of SHIB, with some suggesting further short-term declines while others remain bullish on its long-term potential. One analyst pointed out
The launch of Spot Ethereum ETFs in the United States on July 23 did not result in a positive start for Grayscale, the world’s largest crypto asset manager. The newly converted Ethereum Trust (ETHE) experienced a significant loss of $484 million on the first day of trading. This trend is similar to what occurred when
Pluto Studio, the GameFi publishing platform behind Catizen, has recently secured an investment from Binance Labs. This strategic partnership is set to bring major fund injections for ongoing initiatives on the Pluto Studio platform. The partnership aims to solidify the studio’s vision to lead the next wave of Web3 gaming. Part of the funds will
Atari has long been a prominent figure in the gaming industry, known for its innovative approach to classic video games. The partnership with Coinbase marks a significant shift towards incorporating blockchain technology to reinvent games such as Asteroids and Breakout. This collaboration aims to eliminate intermediaries and ensure that game sale proceeds directly benefit the