Bitget Cites High Adoption Rates in MENA Following 1,400% Surge in Region’s Active Users

Between November 2023 and April 10, the number of active cryptocurrency users from the Middle East and North Africa using the Bitget platform grew by more than 1,400%. Bitget’s strong performance in the Middle East and North Africa is attributed to the region’s perceived high adoption rates and the generally friendly landscape for cryptocurrencies. Support […] Source CryptoX Portal

Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App

The tool, called Bitcoin Conversions, will set eligible Square users up with a dedicated Cash App account programmed to receive 1% to 10% of their store’s revenues, which will then be converted on their behalf into BTC, which can then be held, sold or transferred “as they see fit.” The service will be limited to sole proprietors or single member LLCs until a full rollout to Square customers in the coming months. Original

Bitcoin Users Spend Record $2.4 Million On Block 840,000

With Bitcoin finally completing its fourth-year halving cycle, many users are aggressively competing for halving blocks, paying exorbitant amounts of fees to mine a single block.  Bitcoin Mining Pool Pays Over $2.4 Million In Block Fees Earlier today, the 840,000th block was added to the Bitcoin blockchain, triggering the onslaught of the highly anticipated halving event. While the price of BTC did not witness a dramatic change following the halving, transaction fees spiked to unprecedented highs.  Amidst the massive competition, a mining pool identified as ViaBTC had successfully mined the…

Drift Foundation Announces 100 Million Token Airdrop for Solana-Based Dex Users

On April 16, 2024, the Drift Foundation, which supports the Solana-based decentralized exchange (dex) platform Drift, disclosed plans to distribute 100 million tokens to its users. The tokens will function as the platform’s governance coin, to be utilized by the community and the Drift decentralized autonomous organization (DAO). Solana-Based Dex Platform Drift to Distribute Governance […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Trust Wallet warns Apple iOS users of iMessage vulnerability 

Binance-backed Trust Wallet cited “credible intel” pointing to a high-risk attack vector that hackers can deploy via Apple iMessage.  The self-custodial crypto wallet provider said dark web hackers target iPhone and iOS users through a zero-day exploit on Apple’s default messenger. Trust Wallet’s alert suggested that the exploit corridor has been on the tech giant’s device since day one.  However, the startup did not specify who provided the information or if users had incurred any crypto losses.  Trust Wallet recommended turning off iMessage completely from Apple settings to mitigate the…

FRIEND Token Airdrop Expectations Bring Users Back to Friend.Tech

Friend.tech was earning in excess of $1 million per day in fees at its August peak after going viral on X and gaining more than 100,000 unique users, a significant number for crypto application standards. Shares of some crypto X personalities, such as @Cobie and @HsakaTrades, jumped to as much as three ether, or nearly $5,000, at the time. Source