Month: September 2024

Bitcoin Price (BTC) Tops $65K, With BlackRock’s IBIT Adding $184M in Inflows

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With BTC’s rising price comes a renewed interest in the recently flagging U.S.-based spot bitcoin ETFs. BlackRock’s iShares Bitcoin Trust (IBIT), for instance, reported large inflows on Wednesday, with investors adding nearly $185 million of fresh money to the fund, according to Farside Investors. This followed an inflow of $98.9 million the previous day and comes after weeks of flows that were flat to negative alongside bitcoin’s poor price action. Original

Avalanche announces $40m grant program for L1 developers

Avalanche has announced a new grant program that will reward developers building on the blockchain’s mainnet. The Avalanche (AVAX) ecosystem will benefit from this new $40 million grant program through the ‘Retro9000’ initiative introduced by the Avalanche Foundation on Sept. 26. A $40 million grant program Retro9000 is a retroactive rewards program designed to incentivize developers to contribute to the blockchain platform’s ecosystem growth via layer-1 chains built and deployed on the Avalanche mainnet. The program is part of ‘Avalanche9000’ upgrade, which is set to reduce the costs associated with…

How a Harris ‘Opportunity Economy’ Will Benefit the Crypto Industry

These comment comes more than a month after Democratic cryptocurrency industry leaders coalesced to form the Crypto4Harris movement which hosted a Town Hall advocating for a Democratic “reset” on digital asset policy. And I acknowledge they were modest comments in comparison to Trump’s 180 degree pivot from skeptic to supporter. For many, they were the first clear signs of her willingness to support the industry. But those of us who have been following the paper trail and reading the tea leaves saw this coming. Her advisors and surrogates have made…

Crypto Analysts Say These are the Best Meme Coins to Buy for October: Popcat, Floki, Crypto All-Stars

Meme coins – they’re the wildcards of the crypto market. As we prepare to enter October, everyone’s buzzing about which of these coins could be the next big thing. And analysts have their eyes on a few standout contenders: Popcat, Floki, and Crypto All-Stars. Solana Meme Coin POPCAT Continues Impressing Investors Solana-based meme coin Popcat […] Source CryptoX Portal

Hamster Kombat Listing Hits The Market, But Fans Aren’t Cheering—What’s The Deal?

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Popular cryptocurrency game Hamster Kombat has started token listing on big markets including OKX and ByBit. Still, the continuous community turmoil around the recent HMSTR token airdrop has tempered the enthusiasm around the release. Hamster Kombat: ‘Unfair’ Token Distribution The Hamster Kombat crew has been alleged of unfair airdrop distribution of the HMSTR tokens. Many players who invested a lot of time and money in the game got only a meager fraction of the projected tokens; some barely had $50 worth. The community is particularly upset about the role of…

Check Point Discovers Mobile Crypto Drainer App on Google Play Store: $70K Stolen From 10,000 Users

Check Point Research (CPR) has uncovered a new threat: a mobile crypto drainer app found on Google Play. This app, deceptively posing as the legitimate WalletConnect tool, exploited the growing popularity of digital assets and targeted users directly on their mobile devices. Over five months, it achieved more than 10,000 downloads and stole around $70,000 […] Source CryptoX Portal