On Thursday, a Cryptopunk NFT with an alien theme changed hands for 4,000 ether, equivalent to $12.41 million. This particular Cryptopunk, #635, ranks as the sixth priciest in the Cryptopunks collection. Cryptopunks Collection Sees Another Major Sale With $12.41M Transaction In 2024, another significant transaction involving Cryptopunk #635 took place on Apr. 25, fetching 4,000…
Read more
Sam Altman’s Worldcoin project is reportedly running low on orbs, the devices used for iris scans in return for tokens. These orbs are biometric imaging devices that securely verify a person’s identity using iris scans. They are intended to prevent multiple accounts or identities within the Worldcoin system. Alex Blania, CEO of Tools for Humanity,…
Read more
The digital euro will likely not launch until 2028 or 2029, Germany’s central bank president, Dr. Joachim Nagel, said on Wednesday. “It may take another four or five years before it is actually implemented,” he said at the DZ Bank Capital Markets Conference 2024. The European Central Bank (ECB) initiated a two-year “preparation phase” for…
Read more
Nearly four in ten Canada-based institutional investors had exposure to crypto assets in 2023, KPMG survey finds. This marks a significant recovery from the 2022 market slump. The KPMG in Canada and CAASA survey highlighted that 39% of (or nearly 4 in 10) Canadian institutional reported having direct or indirect exposure to crypto assets in…
Read more
Since the fourth Bitcoin halving took place resulting in Bitcoin issuance dropping from 900 to 450 per day miners have seen daily revenue hit a record high of over $100 million, said CryptoQuant the on-chain data analytics firm based in South Korea. In its weekly research note, CryptoQuant said the spike in revenues was the…
Read more
Pyth Network has now launched its Pyth Price Feeds on Morph testnet, a Layer 2 which is looking to redefine the Ethereum scaling experience by combining ZK technology and optimistic rollups. This update will allow smart contract developers access to over 500 real-time price feeds across digital asset classes. The Pyth Network is a decentralized…
Read more
The Brazilian megabank Nubank is launching withdrawal services for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), in the latest bullish move from the neobank. In an official notice on the Nubank community page, the bank said that it would allow customers to “send and receive [cryptoassets]” from their app-based wallets. The bank first announced its…
Read more
On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the option to transfer between 1-10% of their Square-generated earnings into bitcoin, the leading crypto asset by…
Read more
The U.S. Department of Justice has indicted the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, on charges of operating an unlicensed money-transmitting business and laundering over $100 million through illicit transactions. DOJ Indicts Samourai Wallet Founders for Allegedly Operating $100 Million Crypto Laundering Ring According to the indictment unsealed by the Southern…
Read more
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao in connection with compliance failures at the cryptocurrency exchange. Changpeng Zhao Issues Apology as Sentencing Nears In a letter to the…
Read more
