Blockchain Financial News
09.05 / 06:05
Blockchain
Adoption
Tokens
ERC-20
Bitcoin
week
Ordinals inscriptions approach 4.8M, nearly doubling in just over a week
The number of Ordinals inscriptions on the Bitcoin (BTC) network has witnessed another meteoric rise, almost doubling from 2.5 million to 4.78 million in just the last eight days.
09.05 / 05:13
business
Blockchain
Court
Celsius
Bitcoin
‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius
Bankrupt Bitcoin (BTC) mining firm Core Scientific has objected to paying a $4.7 million administrative claim put forward by crypto lender Celsius Network, leading to a battle between the firms over contractual obligations.
09.05 / 01:23
Blockchain
Ethereum
Altcoin
fees
Transaction Fee
Worth it? Trader spends $120K on gas buying $155K worth of a memecoin
A single trader just spent a staggering 64 Ether — equivalent to $118,000 — in gas fees purchasing $155,000 worth of a memecoin called Four (FOUR).
08.05 / 22:55
Blockchain
COST
Provident
BTC
Target
Bitcoin
Withdrawals
Bitcoin Price Prediction as Traders Get Spooked After Binance Halts Withdrawals – Where is BTC Heading Now?
The recent announcement by Binance, the world's biggest cryptocurrency exchange, of temporarily halting bitcoin withdrawals, citing high volumes and a surge in processing fees, has spooked traders and raised questions about Bitcoin's future price direction.
08.05 / 22:11
markets
business
Blockchain
Web3
Decentralization
MakerDAO
MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
MakerDAO, a decentralized autonomous organization that operates on the Ethereum blockchain and issues stablecoin DAI, has announced that it has launched the Spark Protocol, a lending solution for DAI users.
08.05 / 18:43
08.05 / 18:43
Blockchain
Provident
Target
CEO
coinbase
expansion
Coinbase Targets UAE as Strategic Hub for Cryptoeconomy Expansion; Executives Attend Dubai Fintech Summit
Major US-based crypto exchange Coinbase has praised the United Arab Emirates (UAE), saying the region has the potential to become a “strategic hub” for the company.
08.05 / 17:45
Blockchain
NFT
Investments
Report
Research
Crypto remains hopeful as market moves sideways: Report
After a turbulent month for the crypto industry in March, Bitcoin’s (BTC) price went sideways in April despite some volatility. The meteoric rise of memecoins, such as PEPE, made headlines, and First Republic, another mid-sized United States bank, went under. However, on the basis of current market sentiment is a standoff between markets and policymakers: While the U.S. Securities and Exchange Commission Chairman Jerome Powell publicly states that interest rates are unlikely to come down this year, the markets for risk-on assets like crypto have firmly priced in a pivot in the coming months.
08.05 / 17:21
Blockchain
Adoption
defi
IDO
Sui DEX Cetus' IDO oversubscribed by 650%
Just hours after the initial DEX offering (IDO) for Cetus began on May 8, its hard cap target of 800,000 Sui (SUI) tokens has already been surpassed, with over 6 million SUI committed worth approximately $6.85 million at the time of publication. Developers claimed that the IDO reached its initial goal in less than 30 seconds after the sale went live.
08.05 / 17:15
Dogecoin
Blockchain
UPS
Provident
Waves
Platform
AiDoge Presale Nears $4 Million Milestone, $1M Raised Today
AI based memecoin AiDoge’s crypto presale has gone into overdrive and raised a massive $1 million in just the last 24 hours.
08.05 / 17:09
Blockchain
UPS
Provident
Digital
Booking
Platform
IDEX Coin Price Up 30% in May, Experts Believe Decentralized Exchanges Are the Next Crypto Narrative
The $IDEX coin has caught the eyes of investors as it entails strong capabilities to withstand marketing turbulence, with its price surge being a testament.
08.05 / 15:59
Blockchain
UPS
Ethereum
Platform
Racing
Decentraland
How High Can BitDAO, Decentraland, and Tradecurve Go?
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
08.05 / 15:53
Blockchain
Technology
Adoption
defi
Trading
How To
cryptocurrency trading
What is the risk/reward ratio in cryptocurrency trading, and how to use it
The risk/reward ratio or risk/return ratio is a commonly used metric in trading that compares the potential profit of a trade with the potential loss. That said, it’s the reward traders stand to make for the risk they take.
08.05 / 15:05
Blockchain
Technology
Adoption
defi
Machine Learning
Job
5 common interview questions for Web3 jobs
When interviewing for Web3 jobs, it’s important to be prepared for a range of questions that may vary depending on the specific role and the company you are interviewing with. That said, there are some common interview questions that you can expect to encounter.
08.05 / 14:41
Blockchain
Ethereum
ETH
Target
Hack
defi
CoinMarketCap
DEUS Finance Stablecoin Hack Leads to $6 Million Loss – Here's What Happened
DeFi protocol DEUS Finance lost more than $6 million in a hack over the weekend which exploited a vulnerability in the stablecoin DEI, but a large chunk of it has now been recovered.
08.05 / 13:21
Blockchain
Ethereum
Adoption
wallet
Uniswap
Mobile Wallet
Human ID project ‘Worldcoin’ launches gas-free wallet only for humans
Worldcoin, a project to identify humans and distinguish them from artificial intelligence, has launched a gas-free crypto wallet for verified humans, according to a May 8 announcement.
08.05 / 12:51
business
Government
Blockchain
Tencent
Backed
collapses
Tencent-backed Everledger collapses amid lack of funding: Report
The Australian blockchain company Everledger has reportedly entered insolvency proceedings after failing to raise new funding from an undisclosed investor.
08.05 / 08:49
Blockchain
Provident
BTC
Target
Binance
Citizens
Bitcoin
Drop
Bitcoin Price Prediction: Nearly 3% Drop Raises Concerns of Additional Downtrend
With the recent dip in Bitcoin prices, there are concerns among investors about a further downtrend. The popular cryptocurrency saw a nearly 3% drop, leading some to believe that the market is entering a bearish phase.
08.05 / 08:35
Blockchain
Adoption
SEC
Central Bank
Nigeria goes blockchain: Policy could impact digital identity
The approval of the National Blockchain Policy in Nigeria has left the nation’s crypto community over the moon as it signals room for more development in the nation’s crypto industry. Some local experts have expressed their opinions about the implications of this new policy in Nigeria in relation to the current blockchain ecosystem in Nigeria.
08.05 / 05:19
Dogecoin
markets
Blockchain
defi
Altcoin
Drop
Pepe’s sudden drop leaves whale 500k in the red
The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds of thousands in paper losses.
08.05 / 04:45
Blockchain
fees
transactions
Transaction Fee
NOT
'Bitcoin is not under attack:' BTC maxis allay fears of a DoS offensive
A sudden spike in Bitcoin (BTC) transaction fees and unconfirmed transactions sparked concern on Crypto Twitter over the weekend of a potential Denial of Service (DoS) "attack" on the network.
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