BlackRock, a prominent asset management firm, recently announced that it has selected Coinbase as the key infrastructure provider for its tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This fund aims to offer a stable value of $1 per token and provides daily accrued dividends directly to investors’ wallets. The partnership between BlackRock
0 Comments
Cardano (ADA), currently ranked as the 9th largest cryptocurrency by market capitalization, has been experiencing a downward trend amidst the prevailing bearish sentiment in the crypto market. Bitcoin (BTC), the dominant player in the market, has been leading the way in price corrections for top cryptocurrencies. Despite ADA’s recent retracement of nearly 20% in the
0 Comments
The recent sale of CryptoPunk #7804, an Alien Punk, for a staggering $16.4 million has made waves in both the digital art and cryptocurrency communities. This monumental transaction not only captured the attention of enthusiasts and investors but also set a new benchmark for the value of digital collectibles. The sale highlighted the extraordinary worth
0 Comments
The recent breach of Trezor’s official Twitter account has sent shockwaves through the cryptocurrency community. This incident, likely orchestrated through a SIM swap attack, resulted in a flood of fraudulent messages promoting fake token sales and wallet scams. The compromised account posted about a fictitious “$TRZR” token presale on the Solana network, leading unsuspecting users
0 Comments
Recently, XRP saw a significant spike in price on a cryptocurrency platform, ultimately reaching an all-time high of $74. However, this spike was short-lived and was later revealed to be a glitch on the Atlantis Exchange. This glitch occurred shortly after the platform introduced trading services with XRP, leading to false hope among investors. It
0 Comments
Bitcoin, the flagship cryptocurrency, has exhibited strong bullish fundamentals despite its recent price decline. On-chain analysis from CryptoQuant has revealed a significant drop in the supply of Bitcoin on exchanges over the past four years, signaling a reduction in selling pressure. This trend, coupled with increasing demand for Bitcoin, suggests a bullish sentiment within the
0 Comments