Category : CoinJournal

CoinJournal

Tornado Cash nosedives 55% after Binance announces TORN delisting

Tornado Cash (TORN) price fell sharply on Monday afternoon, nosediving 55% from near $4.00 to lows of $1.64. The decline followed Binance’s announcement that it would list TORN, WTC, PERL and BTS. Binance agreed a $4.3 billion settlement with...

Inflows into crypto investment products hit 9-week high of $346M

Crypto investment products hit 9-week high of inflows. Total inflows for week up to November 24 was $346 million, with $312 million in Bitcoin-related ETP products. Ethereum saw $34 million of inflows amid a turnaround in sentiment. Crypto investme...

Blast TVL reaches $570M as Japanese crypto VC reveals $5M investment

Blast TVL reaches $570 million, days after the Paradigm and Standard Crypto backed L2 launched. A Japanese crypto VC is reportedly eyeing a $5M investment in the platform. Blast’s deposit-only smart contract has attracted huge criticism. Blas...

Cardano (ADA) price near key support as analyst points to buy signal

Cardano (ADA) price is near $0.37, a key support area for the coin as altcoins decline.& An analyst says the 4-hour chart shows a potential buy signal for ADA. A rebound for Cardano could also be helped by a flip in on-chain metrics. As crypto...

The Sandbox partners with Nuqtah to boost Web3 adoption in Saudi Arabia

The Sandbox, Nuqtah and Sandsoft have partnered to promote Web3 and metaverse adoption in Saudi Arabia and MENA region. Nuqtah will list SAND land and avatars on its NFT marketplace. Web3 adoption in Saudi Arabia is set for a significant boost afte...

BlackRock’s Bitcoin ETF is bringing new impulse for Ripple (XRP), Cardano (ADA) and Dogecoin (DOGE)

Ripple (XRP): Navigating a critical legal battle with the SEC, Ripple (XRP) faces price volatility, and its future hinges on the lawsuit’s resolution. Cardano (ADA) and Dogecoin (DOGE): Cardano (ADA) benefits from increasing staking rewards...

Elon Musk Says Argentina’s Pro-Crypto President Will Make the Country Rich Again. Can Memecoins Like $GFOX Replace the Sinking Peso?

The window is closing faster than most investors realize. TradFi’s most prominent players have given crypto the green light with their Spot ETF applications, and now nation-states are adopting pro-crypto stances. Hold onto your hats because thi...

2,300% and Rising – Does $BONK Have More Bounce, or is the Bonking Party Over? (and what does its success say about the future of memecoins?)

Memecoins have been flying, and for investors who are new to crypto, it’s money time. These high-risk assets only surge during times of market certainty when animal spirits reign supreme. Bonk ($BONK) has already rallied 2,300% and is rising, b...

Top of the Swaps – Which ‘Swap’ is the Best DEX Coin? Can it Compete with $GFOX?

Over time, Decentralized Exchanges (DEXs) have expanded due to their ability to provide users complete ownership over digital assets. Nonetheless, a lot of DEXs have native tokens just as centralized exchanges.& As a result, some of the most pop...

Crypto token outlook this week: Vertex Protocol (VRTX)

Vertex Protocol (VRTX), the decentralised exchange (DEX) on Arbitrum, is seeing increased volumes for spot and perpetuals. VRTX price was 33% up in 24 hours, hitting $0.44 and 89% up from $0.22 on November 22. Total value locked (TVL) has reached $3...

Web3 gaming and AI project SIDUS burns 6.8B tokens, price skyrockets

SIDUS price skyrockets as project burns 6.8 billion tokens. The Web3 gaming and AI project has seen the price of its native utility token jump 40% in the past 24 hours. Buying pressure for SIDUS has pushed it to its highest level since May 2022. Si...

Cosmos proposal to cap ATOM inflation rate at 10% passed

The Cosmos Hub community has approved a proposal capping ATOM’s maximum inflation rate at 10% Per the proposal, validators can still break even or turn profits at 10% inflation Reducing inflation rate will help Cosmos’ security and growt...

RocketX announces beta launch of its API for multichain crypto swaps

RocketX is a CEX and DEX aggregator that allows for cross-chain trading of hundreds of crypto assets This is enabled through the platform’s application programming interface (API), now available in beta. Integration will allow users to transfe...

Blast founder denies Ponzi scheme claims as TVL rockets past $400 million

Blast was supported by a $20Ms investment from notable backers like Paradigm and Standard Crypto at launch. Blast is facing Ponzi scheme claims. Roquerre clarifies that Blast’s 4 to 5% yield comes from reputable platforms like Lido and MakerDA...

As Shiba Inu, Dogecoin stalls, is Shiba Memu the next big thing?

Shiba Inu and& Dogecoin, which revolutionized the meme coin industry, have stalled this year and underperformed their peers. SHIB price has barely moved in 2023 even as Bitcoin has jumped by over 120%. Dogecoin, on the other hand, has risen by le...

Crypto fear and greed index rises as Memeinator gains momentum

Binance settled with the SEC and agreed to pay $4.3 billion. Changpeng Zhao also agreed to step down as the CEO and pay $50M. Memeinator continued with its token sale as it raised over $1.4 million. The crypto fear and greed index remained in...

Bitfarms announces C$60M private placement with US institutional investors

Bitfarms’s C$60 million private placement with US institutional investors closes on or about November 28. The Canadian bitcoin mining firm will use the proceeds to acquire buy more miners and expand its infrastructure. Bitcoin mining compan...

UK investment funds get green light for tokenisation

UK authorised funds can now develop and implement tokenisation models. The green light comes after the Technology Working Group of the Government’s Asset Management Taskforce published its report on UK fund tokenisation. The HM Treasury and th...

SEC charges Kraken with unregistered operations and fund mixing

SEC has filed a lawsuit against Kraken. The SEC is alleging that the exchange has been conducting unregistered operations. Kraken is also accused of fund commingling. In a recent development, the US Securities and Exchange Commission (SEC) filed a...

KyberSwap offers a 10% bounty to hacker who stole $47M

KyberSwap is yet to get back the $7 million that was stolen on November 22. The decentralized exchange has offered a 10% bounty to the hacker in a bid to get the funds back. Security firm Beosin unveils the intricacies of the exploit, attributing th...

Binance Labs & BNB Chain Open New Founder-focused Track to Incubate 100 Early-stage Projects

DUBAI, UAE, November 24th, 2023, Chainwire Binance Labs, in partnership with BNB Chain and CMC Labs, has introduced a new Founder Track to the Most Valuable Builder (MVB) Accelerator Program. MVB, now in its 7th season, is an accelerator program join...

OKX to list Fetch.ai (FET), SingularityNET (AGIX) for spot trading

OKX will list Fetch.ai (FET) and SingularityNET (AGIX) on its spot market on November 24 at 10am UTC. FET and AGIX are leading AI tokens and their prices have surged in recent months. OKX also recently listed Pyth Network (PYTH). Crypto exchange OK...

Ex-Binance CEO CZ’s X account restricted

X (formerly Twitter) has restricted the account of ex-Binance CEO Changpeng ‘CZ’ Zhao. The Binance founder stepped down on Tuesday after pleading guilty to DOJ charges. Binance founder and former CEO Changpeng ‘CZ’ Zhao&rsqu...

XRP and DOGE poised for significant upswings: analyst

Ripple’s XRP looks to be breaking from a descending channel, suggesting further upside momentum. Dogecoin price is poised amid a notable surge in DOGE transactions. Both coins traded lower this week as markets reacted to Binance news. The Rip...

Lido node operator to rotate keys after security firm flags vulnerability

InfStones, a Lido node operator, will rotate its validator keys followng a vulnerability disclosure by blockchain security firm dWallet Labs. The vulnerability was acknowledged by Lido, which said its security team was working with the node operator...

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