K1z4, an X user, recently revealed that they had farmed the Zksync airdrop, receiving over 6.6 million ZK tokens, valued at over $1.1 million. K1z4 specified that they had used an elaborate setup of 350 wallets with different IPs and various tools to make the bots used in this task seem more human, including artificial […] Source CryptoX Portal
Interoperability giant LayerZero has experienced a significant drop in the value of its native token, ZRO, which plummeted by 14%, making it the top loser in the crypto market today. At the time of writing, ZRO is trading at $2.68, representing a 13% decline over the past 24 hours, according to CoinMarketCap. During this period, the token’s trading volume fell by 41% to $146 million. ZRO 24-hour price chart | Source: CoinMarketCap Additionally, the market capitalization of LayerZero’s crypto assets dipped below $700 million, now standing at $670.8 million. LayerZero…
Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data and reward the node providing this info according to its relative value. AI Depin Project […] Source CryptoX Portal
PRESS RELEASE. Road Town, BVI, June 24, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of DED (DED) on June 24, 2024. Users of LBank Exchange can brace themselves for the DED/USDT trading pair, which will go live […] Source CryptoX Portal
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet lead dev declares that bitcoin developers “have failed” El Salvador. […] Source CryptoX Portal
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its latest blockchain letter. The firm details that the rise of Solana over Ethereum is reminiscent of what Microsoft experienced when Apple entered the market, highlighting Solana’s growing retail adoption and architectural advantages. Pantera Capital States […] Source CryptoX Portal
According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest money laundering risk to the country. The report also highlights risks related to digital assets and cryptocurrencies. To mitigate these risks, the Monetary Authority of Singapore (MAS) has implemented stringent regulatory measures under the Payment […] Source CryptoX Portal
Lido DAO (LDO) recorded a notable price surge this week, outperforming both Bitcoin (BTC) and Ethereum (ETH). However, technical analysis of the token shows rising bear pressure. LDO’s price has increased by 11.6% over the past 14 days. If the Lido DAO price chart on Trading View is anything to go by, the token has a market sentiment rating of 37% and a Fear & Greed Index registering 55 (Greed). The Relative Strength Index (RSI) stands at 33.47, suggesting a potential downturn below the $1.80 mark into oversold territory. The…
Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto exchange Binance is assisting Btcturk with investigating the breach and has already frozen over $5.3M in stolen funds, Binance’s CEO has disclosed. Btcturk has reopened deposits and withdrawals for all ERC20 cryptocurrencies on the ERC20 network. Binance Assisting […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Bearish forces continued to exert significant selling pressure last week, driving Bitcoin (BTC) below the critical $65,000 threshold for the first time in over a month. This downturn echoed throughout the market, resulting in prolonged losses. Consequently, the entire market experienced substantial selloffs, leading to a $70 billion reduction in the global crypto market cap, which fell below the $2.4 trillion mark, ending the week at $2.35 trillion. Here are our picks for top cryptocurrencies to watch this week, based on their on-chain performances and social trends: AVAX, JASMY and…