Investors specializing in venture capital have returned to the cryptocurrency sector, providing startups with fresh financing options besides traditional methods, including awards and token sales for their projects. Seamless, a lending platform native to Base, has teamed up with Degen Chain at the layer-3 level and Pandora, a semi-fungible token protocol, to award around $600,000 … Read more
Bitcoin (BTC) had been trading within a limited range for most of the week. However, it experienced a significant drop on April 12 and 13, causing approximately $2.5 billion in cryptocurrency liquidations. The long positions outnumbered the short ones during this decline, resulting in substantial losses for investors who had anticipated Bitcoin’s rally around and … Read more
XRP witnessed a massive decline in price over the last few days. Traders turned bearish, and new addresses lost interest. Over the past 24 hours, XRP (Ripple) experienced a drop in value, causing some concern about its potential performance in the cryptocurrency sector. Price takes a hit Based on information from CoinMarketCap, XRP‘s price decreased … Read more
Anonymously identified blockchain analyst ZachXBT sounded the alarm on a gang of swindlers planning to ensnare more unsuspecting victims with millions of ill-gotten gains under their belts. On X’s discussion forum, ZachXBT revealed the results of an examination into Leaper Finance, a lending platform built on Blast. Based on his research, this team is linked … Read more
A former Grayscale executive asserts that traditional financial institutions have become more eager than ever to convert assets into digital tokens using public blockchains. In an interview with CryptoMoon, Celisa Morin, formerly Vice President of Platform Distribution at Grayscale until early 2023, shared her perspective that a emerging trend among traditional financial institutions, led by … Read more
The IRS in the United States anticipates a large increase in cryptocurrency tax fraud instances in the future, with the tax filing deadline for Americans approaching on April 15th. At the Chainalysis Links event in New York, IRS Criminal Investigation Head Guy Ficco spoke with CNBC. He revealed that his team is gearing up to … Read more