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Coinbase CLO Expresses Optimism About Harris Campaign Engagement
September 04, 2024 09:05 AM EDT| By Team Kalkine MediaWith just 63 days remaining until the US presidential election and early voting commencing in September, cryptocurrency enthusiasts face a crucial choice between Kamala Harris and Donald Trump. Both candidates have made efforts to engage with the cry...
FBI Alerts on North Korean Social Engineering Tactics Targeting Cryptocurrency
September 04, 2024 09:04 AM EDT| By Team Kalkine MediaThe Federal Bureau of Investigation (FBI) has issued a warning about North Korean cyber actors who are using deceptive tactics to steal cryptocurrency from users. In a notice released on September 3, the FBI highlighted the ongoing threat posed by No...
Bitcoin and Stocks Decline After Bank of Japan Rate Hike
September 04, 2024 09:03 AM EDT| By Team Kalkine MediaBitcoin's price has stumbled at the start of the week, dropping 6.5% over the past seven days and continuing its decline on September 3. The downturn coincided with a sharp sell-off in equities markets, where the DOW fell by 1.2%, the S&P 500 decreas...
Sky's Maker Stablecoin Freeze Process May Be Decided by Decentralized Court
September 04, 2024 09:02 AM EDT| By Team Kalkine MediaSky, formerly known as Maker, is exploring a novel approach for its stablecoin, USDS, which might include a decentralized court-like appeals process if its freeze feature is implemented. Rune Christensen, co-founder of Sky, discussed these possibilit...
SEC Charges Galois Capital Over FTX Crypto Custody
September 04, 2024 09:01 AM EDT| By Team Kalkine MediaThe U.S. Securities and Exchange Commission (SEC) has charged Galois Capital Management, a fund adviser, for alleged violations of its custody rule. According to a September 3 announcement, Galois is accused of mishandling client assets by holding in...
How much Bitcoin does the average whale possess?
September 04, 2024 09:01 AM EDT| By Team Kalkine MediaBitcoin's wealthiest investors and their influence on BTC price movements. Despite a notable 48% decrease in whale transactions worth $100,000 or more since March 2024, Bitcoin's price has declined by 20% over the same period. This shift in whale act...
Terraform Wallet Transfers $62M in BTC Amid Legal
September 04, 2024 08:59 AM EDT| By Team Kalkine MediaA wallet associated with Terraform Labs, co-founded by Do Kwon, has recently transferred over $62 million worth of Bitcoin, equivalent to more than 1,075,{Bitcoin},(BTC),. The transfer occurred on September 2, according to data from blockchain analyt...
Nvidia Records Historic One-Day Loss Following US Antitrust Subpoena
September 04, 2024 08:58 AM EDT| By Team Kalkine MediaNvidia has experienced its largest single-day loss in market value, plummeting nearly $280 billion following an antitrust subpoena from the United States Department of Justice (DOJ). On September 3, Nvidia’s stock dropped 9.5% to $108, marking a reco...
Enhancing DeFi Lending with Cross-Chain Functionality: Nolus Protocol
September 04, 2024 08:58 AM EDT| By Team Kalkine MediaDecentralized finance (DeFi) lending has emerged as a significant area of growth within the Web3 ecosystem, offering innovative financial opportunities. However, the sector faces core challenges that could impede its long-term success. Kamen Trendafi...
Bitcoin Network Hashrate Hits Record High
September 04, 2024 08:57 AM EDT| By Team Kalkine MediaThe Bitcoin network's hashrate, which measures the total computational power securing the blockchain, reached a new peak on September 1, surpassing 742 exahashes per second (EH/s). This record reflects a continued rise in hashrate since 2021, driven...
Arbitrum Stylus Mainnet Launch Expands Web3 Access for Traditional Developers
September 04, 2024 08:55 AM EDT| By Team Kalkine MediaOffchain Labs, the creator of the Arbitrum blockchain, has announced the mainnet launch of Arbitrum Stylus, a new virtual machine designed to facilitate decentralized application (DApp) development by integrating WebAssembly (WASM) languages. This la...
US Fed Rate Cut Might Lead to 20% Drop in Bitcoin
September 04, 2024 08:54 AM EDT| By Team Kalkine MediaBitfinex has raised concerns about the impact of an anticipated U.S. Federal Reserve interest rate cut on Bitcoin’s price, suggesting it could lead to a drop rather than the hoped-for boost. The Fed's decision, expected on September 18, follows dovis...
Matter Labs CEO Announces Restructuring and Layoffs
September 04, 2024 08:54 AM EDT| By Team Kalkine MediaMatter Labs, the developer behind the Ethereum layer-2 scaling solution ZKsync, has announced a restructuring plan that will reduce its workforce by 16%. The move, disclosed by CEO and co-founder Alex Gluchowski on September 3, is aimed at adapting t...
Bitcoin Interest Surge Resembles 2019 Price Peak
September 04, 2024 08:52 AM EDT| By Team Kalkine MediaBitcoin investors who entered the market at the peak in March have been navigating a turbulent period of price action. The cryptocurrency has faced significant volatility since reaching an all-time high of $73,800 in mid-March 2024, leading to a chal...
Hacked X Accounts Used to Promote Fake Crypto Links
September 04, 2024 08:51 AM EDT| By Team Kalkine MediaHackers compromised the X accounts of Lara and Tiffany Trump on September 4, using them to promote fraudulent cryptocurrency projects. The breach was quickly addressed by the social media platform, which removed the compromised accounts within minute...
Mysten Labs Anticipates Web3 Gaming Device Launch in Early 2025
September 04, 2024 08:50 AM EDT| By Team Kalkine MediaMysten Labs, the developer behind the Sui blockchain, has announced the launch of preorders for its new handheld gaming device, the SuiPlay0X1. Priced at $599, the device is expected to start shipping in the first half of 2025.,The SuiPlay0X1 is desi...
Telegram Games and Hamster Kombat to Boost Web3 Adoption
September 04, 2024 08:46 AM EDT| By Team Kalkine MediaHamster Kombat, a viral Web3 mobile game, is set to launch what it claims will be the “largest airdrop in the history of crypto,” a move that could significantly boost mainstream attention and adoption of Web3 gaming. This initiative highlights the g...
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Cardano Drops 75% Against Bitcoin Since Hoskinson's BTC Longevity Doubts
September 04, 2024 08:45 AM EDT| By Team Kalkine MediaCardano (ADA) has experienced a significant decline in its price relative to Bitcoin (BTC) following critical comments made by Cardano founder Charles Hoskinson. After breaking below a key support level, the ADA/BTC trading pair could face a further...
Riot Platforms Seeks Board Changes at Bitfarms Ahead of October Meeting
September 04, 2024 08:43 AM EDT| By Team Kalkine MediaRiot Platforms, the largest shareholder in Bitfarms, has called for additional changes to the cryptocurrency mining company’s board of directors in an open letter addressed to Bitfarms’ shareholders. The call for reform comes in anticipation of a piv...
Aave and Sky Float Partner to Connect DeFi and TradFi
September 04, 2024 08:42 AM EDT| By Team Kalkine MediaDecentralized finance (DeFi) protocols Aave and Sky (formerly Maker) are considering a strategic partnership aimed at bridging the gap between decentralized finance and traditional finance. The initiative, known as the Sky Aave Force, was announced o...
