The US government is set to grant Samsung a total of $6.4 billion for expanding its chip production facilities in Texas. In a larger initiative to increase chip production in the United States, the South Korean manufacturing group obtained the grants. The financing will originate from the 2022 Chips and Science Act, designed to increase … Read more
OKX cryptocurrency exchange intends to take advantage of the current memecoin trend by adding popular Solana-backed memcoins, such as Dogwifhat (WIF) and Cat in a Dog’s World (MEW), to its platform. Starting today, OKX has initiated spot trading for WIF and MEW. As stated in their recent declaration, users of OKX are now able to … Read more
BOME was up by over 5% in the last 24 hours. Technical indicators looked bearish on the memecoin. Last week’s stock market downturn sparked fear and pessimism among investors as most cryptocurrencies experienced significant losses. Amidst the chaos, some larger investors, or “whales,” took advantage of the situation by purchasing more of certain cryptocurrencies at … Read more
Three cryptocurrency initiatives vanished from the web shortly after blockchain analyst ZachXBT identified their liquidity as being linked to stolen funds from prior hacking incidents. On the 14th of April, ZachXBT discovered a wallet containing ill-gotten gains, which was supplying liquidity to three emerging crypto projects: Leaper Finance on Blast with a following of 1,800, … Read more
In the latter part of 2024, Germany’s biggest regional bank, Landesbank Baden-Württemberg, plans to initiate the provision of services for securely holding and managing cryptocurrencies. Institutionally focused crypto custodial services, provided by the bank in collaboration with Austrian cryptocurrency exchange Bitpanda based in Austria, will soon be available. According to Jürgen Harengel, the managing director … Read more
Solana’s development team has unveiled an updated version of their mainnet beta, labeled as v1.17.31, aimed at addressing the current traffic overload on the Solana blockchain. After undergoing thorough testing for the past three days, the update that was launched on April 12 is now endorsed for widespread usage by mainnet beta validators. In this … Read more