“As I have stated many times before and as the evidence in court is showing, Tigran has never been a decision-maker at Binance, and there is no justification for his continued detention,” Yuki Gambaryan, Tigran’s wife, said. “It is time for the Nigerian authorities to do the right thing and release my innocent husband.” Source
Month: July 2024
36% Explosion! ENS Steals The Spotlight In The Crypto Market
The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week. This steady surge has sparked widespread interest, with some analysts predicting a prolonged bullish trend, while others advise caution. Related Reading ENS: Price Explosion & Renewed Investor Interest ENS, the native token of the Ethereum Name Service, which translates human-readable domain names into machine-readable wallet addresses, surged by over 2% in the past day. This propelled the token as one of the highest gainers today. ENS…
Crypto Exchange Kraken Is Considering Going Nuclear
“Crypto’s round-the-clock and global nature means Kraken needs a constant supply of energy, particularly as we facilitate a larger proportion of global trading volumes,” Patankar said. Due to the 24/7 demands of running a cryptocurrency business and expected mass adoption of crypto over time, Kraken is looking at how it can scale its business in terms of energy supply and latency. Source
Decentralized Science: A Better Way to Fund and Grow Breakthrough Ideas
Imagine if the next blockbuster medication could be funded through a decentralized, transparent process? This would not only democratize the funding of critical research, but also ensure that rewards and recognition are fairly distributed among all contributors, says Azeem Khan. Source
LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that the man has been released from jail, and the LAPD stated that the investigation is ongoing. Canyon Country Resident Accused of Stealing $579K Worth of […] Original
Token Launchpad Pump.Fun Overtakes Ethereum Blockchain With $2M in Daily Revenue to Take No. 1 Position
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CryptoX is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CryptoX was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CryptoX operates as…
Ironblocks’ ‘Venn’ Network Aims to Keep Malicious Transactions From Ever Hitting Blockchains
Venn is the latest attempt to address crypto’s ever-present crime problem. In any given week, projects big and small lose six-figure sums or more to fraud, theft, economic attacks and other costly capers that drain their customers’ crypto. All these transactions happen on the blockchain, where they’re irreversible; there’s no rewind button to move stolen money back into a victim account. Source
Burn Rate Surges 16,854%, Trading Volume Rises 170%
Shiba Inu (SHIB) has begun July on a positive note, with several on-chain metrics painting a bullish signal for the second-largest meme coin by market cap. These bullish developments could provide the much-needed turnaround for the meme coin, which had a June to forget. SHIB’s Burn Rate Surges By 16,854% Data from the burn tracking website Shibburn shows that Shiba Inu’s burn rate spiked by over 16,854% in the last 24 hours, with over 300 million Shiba Inu tokens burned during this period. This is massive for the meme coin,…
Pi Squared, Building 'Universal ZK Circuit', Raises $12.5M
The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing” along with other blockchain use cases including AI. Source
RedStone, Blockchain Oracle Project Pushing Into Restaking, Raises $15M
The fresh round of capital will go towards hiring new team members, according to a press release. Source