Industry News
Was the Slerf meme-coin burn a calculated maneuver?
Amidst the dynamic and intriguing realm of cryptocurrency, the recent emergence of the Slerf (SLERF) meme coin has sparked a significant buzz and generated considerable controversy. The developer’s assertion of accidentally burning an impressive pre-sale allocation worth around $10 million in Solana (SOL) tokens has raised eyebrows and fueled speculation about the true essence of…
A look at Sam Bankman-Fried’s leaked Twitter DMs
The Human Toll of FTX’s Downfall: A Glimpse into Sam Bankman-Fried’s Leaked Twitter DMs The recent leak of Sam Bankman-Fried’s Twitter Direct Messages (DMs) has cast a harsh light on the man behind the once-celebrated FTX empire. From November 7 to November 11, 2022, Bankman-Fried’s inbox became a repository of desperate pleas from distressed investors….
MrBeast set to hold ‘the biggest game show ever’ on Prime Video
MrBeast, the renowned YouTube content creator with an impressive following of 245 million subscribers, has recently made waves in the industry with his announcement about creating a monumental game show for Amazon’s Prime Video platform. This groundbreaking venture will see over 1,000 contestants compete for an astonishing $5,000,000 prize. The Unprecedented Announcement of MrBeast’s Game…
Chipper Cash makes workforce adjustments in the US and UK
Chipper Cash, the Nigerian fintech startup, has recently made waves in the financial technology industry by announcing the termination of positions for 20 employees based in the United States and the United Kingdom. This decision, made by CEO Ham Serunjogi, is part of Chipper Cash’s strategic plan to improve operational efficiency and move closer to…
Milady NFT memecoin presale hits target in two hours
Milady’s Novel Solana Memecoin: A Sensational Presale Gathering $18.7 Million in Two Hours The crypto world has been abuzz with excitement over the recently announced presale of Milady’s novel Solana memecoin. This groundbreaking NFT collection, inspired by the popular Solana memecoin Dogwifhat (WIF), drew an astounding 91,486 SOL ($18.7 million) within just two hours of…
Binance achieves $100 billion in assets under custody
Binance’s Assets Under Custody Surpass $100 Billion: A Notable Milestone Amidst Regulatory Challenges Binance, one of the world’s largest cryptocurrency exchanges, recently reported assets under custody exceeding $100 billion as of March 18. This significant milestone comes amidst regulatory investigations and legal actions against the exchange and its co-founder Changpeng Zhao by the United States…
Stride and dYdX community consider major staking collaboration to secure network
Stride, a multichain liquid staking protocol, has recently put forward an exciting proposition for the dYdX community: a collaboration to stake 20 million DYDX tokens, valued at approximately $67 million from Stride’s community pool into the Stride 2 liquid staking protocol. The objective behind this proposal is to bolster the economic security of the dYdX…
Warner Bros Montreal Supports Monolith Productions on the Wonder Woman Game
Warner Bros Montreal, the acclaimed video game development studio known for its work on titles such as Batman: Arkham Origins and Gotham Knights, has announced a collaboration with Monolith Productions on the hotly anticipated Wonder Woman game. According to a report by Tech4Gamers, Warner Bros Montreal is currently seeking an External Development Artist to contribute…
Construction Simulator 4 Set to Release on Nintendo Switch
astragon Entertainment, a distinguished name in the gaming industry, is thrilled to announce the forthcoming launch of Construction Simulator 4 on the Nintendo Switch platform. This much-awaited addition to the popular Construction Simulator series is set to hit the shelves on May 28th, bringing an engaging and true-to-life construction experience to gamers worldwide. An Engaging…
Solana’s secretive pre-sale generates $33 million in under an hour
In a Sensational Turn of Events: An Enigmatic Pre-Sale on the Solana Blockchain Sparks Intense Interest among Global Crypto Enthusiasts Mystery Pre-Sale on Solana: The Crypto Community is Ablaze with Excitement An intriguing pre-sale event on the Solana blockchain has set the crypto world abuzz, as an undisclosed project with a focus on artificial intelligence…
Controversy Surrounds STAR WARS Battlefront Classic Collection Release
The latest announcement of the STAR WARS Battlefront Classic Collection by Aspyr Media has stirred up intense debate among the gaming community. Reports have emerged suggesting that Aspyr Media has utilized mods created by independent developers without proper acknowledgment or compensation, which has led to significant controversy. Uncredited Mod Usage Allegations Modders have raised accusations…
WIF investors buzz as GCR seals $4M deal for Dogwifhat meme
Influential Crypto Trader GiganticRebirth (GCR) Acquires Original Dogwifhat Image for a Staggering $4 Million Worth of Ether: A Significant Milestone in the Intersection of Meme Culture and Cryptocurrency Valuation GCR’s Winning Bid Sparks WIF Surge After Dogwifhat Acquisition The crypto community was abuzz with excitement recently when news broke that the influential trader, GiganticRebirth (GCR),…
$58M ARB Token Transfer to Exchanges Post- Arbitrum Unlock
Recent Token Unlock by Arbitrum Triggers Significant Whale Activity and Market Dynamics Arbitrum, one of the leading layer-2 blockchain projects, recently unlocked a staggering 1.1 billion ARB tokens, worth approximately $2.32 billion, for its team, advisors, and investors. This token unlock, following the similar event by Arbitrum’s competitor Optimism, has initiated a significant movement of…
India’s finance minister says crypto cannot Be recognized as legal tender
India’s Finance Minister Nirmala Sitharaman Clarifies Government’s Stand on Cryptocurrencies at India Today Conclave 2024 India’s Finance Minister, Nirmala Sitharaman, made it clear during her speech at the India Today Conclave 2024 that cryptocurrencies cannot be regarded as currencies by the Indian government. This stance conforms to the long-held view that although digital assets can…
Attestor and Lemma face off in court over $58M FTX agreement
London-Based Hedge Fund Attestor Capital Initiates Legal Action Against Lemma Technologies Over Disputed FTX Claims Sale Attestor Capital, a notable London-based hedge fund with a focus on investments in distressed assets and private equity, has taken legal action against Lemma Technologies over a disagreement regarding the sale of certain bankruptcy claims related to the cryptocurrency…
Developer Burns $10.4 Million in Solana Token Meant for Memecoin Launch
Unexpected Turn of Events: Developer Accidentally Burns $10.4 Million Worth of Solana Tokens The Consequences of a Catastrophic Error Pre-sale fundraising has become an integral part of the cryptocurrency landscape, enabling developers to secure capital for project launches by offering early token access at discounted prices. However, recent occurrences have shed light on the potential…
Solana Memecoin Mania Sparks $100M Presale Craze
Investors in the cryptocurrency sector have collectively poured over $100 million into Solana-based meme-coin projects through presales within a span of just three days. This surge in funding has sparked significant concern among members of the crypto community regarding the potential risks associated with such investments. The Allure and Perils of Solana Meme-Coin Presales Amidst…
Solana’s market resilience tested amid network challenges
The decentralized finance (DeFi) platform, Solana (SOL), is currently facing considerable network congestion as investor interest continues to surge. This issue has significant implications for transaction processing and overall network performance. Network Congestion: A Major Challenge for Solana Recent on-chain data indicates that the Solana network is presently experiencing severe congestion, resulting in notable delays…
The crypto industry’s future suddenly looks so bleak
The crystal-clear skies that once promised a bright future for the crypto industry are now shrouded in an uncertain fog. The sector, which has been leading the charge of innovation, finds itself ensnared in a complex regulatory web spun by the very institutions intended to nurture its growth. The American judicial landscape, a beacon of…
Goddess of Victory: NIKKE Welcomes Re:ZERO Heroes in Latest Crossover
The mobile shooting RPG game, “Goddess of Victory: NIKKE,” is set to launch its third major crossover event on March 21, 2024. In this exciting collaboration, the game joins forces with the beloved anime series “Re:ZERO – Starting Life in Another World.” Fans of both franchises are in for a treat as characters Rem, Ram,…