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Cryptocurrency
EigenLayer Unveils Major Update to Restaking Contracts
September 05, 2024 04:27 PM AEST| By Team Kalkine MediaEigen Labs, the developer behind EigenLayer, has announced a significant update to its restaking protocol aimed at enhancing the rewards for users. According to a September 4 blog post, the upgrade focuses on improving the functionality of EigenPods—...
OpenSea Receives SEC Wells Notice as Monthly NFT Sales Drop Below $400M
September 05, 2024 04:26 PM AEST| By Team Kalkine MediaOpenSea, a leading NFT marketplace, has recently received a Wells notice from the U.S. Securities and Exchange Commission (SEC). This notice suggests that the SEC is considering taking enforcement action against the platform. Devin Finzer, CEO of Ope...
Crypto Market Falls Below $2T as Bitcoin Faces Reversal Below $54K
September 05, 2024 03:51 PM AEST| By Team Kalkine MediaBitcoin's price, with forecasts suggesting a decline below $54,000, and possibly even $50,000, despite the growing anticipation of an interest rate cut in the United States.,Recent data shows a decrease in global cryptocurrency market capitalization,...
ZKB Introduces Bitcoin and Ether Trading
September 05, 2024 03:39 PM AEST| By Team Kalkine MediaZurich Cantonal Bank (ZKB), one of Switzerland's largest financial institutions, has recently expanded its services to include cryptocurrency trading and custody. This move aligns with the growing trend among banks to integrate digital assets into th...
Sui Blockchain Uses Radio Waves to Reach Offline Users
September 05, 2024 03:38 PM AEST| By Team Kalkine MediaBitcoin's price, with forecasts suggesting a decline below $54,000, and possibly even $50,000, despite the growing anticipation of an interest rate cut in the United States.,Recent data shows a decrease in global cryptocurrency market capitalization,...
Magic Eden Leads NFT Trading Volume, Surpassing Blur and OpenSea
September 05, 2024 03:37 PM AEST| By Team Kalkine MediaMagic Eden emerged as the leading NFT marketplace, achieving $122.47 million in trading volume and securing a 36.7% share of the total NFT market. According to data from CoinGecko, Magic Eden has maintained its position as the top NFT platform for si...
South Korea to Review Crypto Exchanges for Suspicious Transactions
September 05, 2024 03:36 PM AEST| By Team Kalkine MediaSouth Korea’s Financial Supervisory Service (FSS) is preparing to implement stricter regulations for cryptocurrency exchanges, with the possibility of legal consequences for noncompliance. The FSS will initiate inspections of virtual asset exchanges...
Crypto Strategy in Bitcoin, NFTs, and DeFi Grows Ahead of Election
September 05, 2024 03:35 PM AEST| By Team Kalkine MediaFormer President Donald Trump and his family have intensified their involvement in the cryptocurrency and digital asset space, leveraging these ventures to appeal to a growing base of cryptocurrency enthusiasts ahead of the 2024 U.S. presidential ele...
Sui Blockchain Uses Radio Waves to Reach Offline Users
September 05, 2024 03:34 PM AEST| By Team Kalkine MediaThe Sui blockchain is pioneering alternative methods to facilitate offline cryptocurrency transactions, particularly for unbanked communities in areas with limited or unstable internet access. This approach addresses a significant concern regarding c...
Bitcoin Eyes $61K 'Relief Rally' Following Downside Liquidation
September 05, 2024 03:33 PM AEST| By Team Kalkine MediaBitcoin has experienced significant downward price movement, leading to liquidations exceeding $78 million over the past 24 hours. This sharp correction has been a recurring trend at the start of each month in the third quarter of 2024. Both July and...
Solana Price Drops 12% Following Pump.fun’s $41M SOL Token
September 05, 2024 03:32 PM AEST| By Team Kalkine MediaThe Solana (SOL) token has experienced a notable decline in value recently, with a drop of over 12% during the week leading up to September 4. The token was trading at approximately $128, reflecting a 3.8% decrease on the daily chart according to Coi...
Brazil’s X Ban: Are VPN Users at Risk?
September 05, 2024 03:31 PM AEST| By Team Kalkine MediaA panel of the Brazilian Supreme Court upheld a ban on the social media platform X, effectively restricting access for users within Brazil. This decision has sparked a debate about the use of virtual private networks (VPNs) to circumvent the ban.,Fol...
Robinhood Settles for $3.9M Over Blocked Crypto Withdrawals
September 05, 2024 03:30 PM AEST| By Team Kalkine MediaRobinhood Crypto LLC has agreed to a $3.9 million settlement with the California Department of Justice (DOJ) to resolve claims related to restrictions on cryptocurrency withdrawals from 2018 to 2022. This settlement, announced on September 4, represe...
Bitcoin Price Targets Reach $50K Amid Nvidia Crash Impacting Nikkei and Gold
September 04, 2024 11:20 PM AEST| By Team Kalkine MediaBitcoin (BTC) has experienced significant declines, approaching monthly lows of under $56,000 as of September 4, following a broader downturn in risk assets linked to the U.S. tech sector.,BTC/USD dropped to a low of $55,602 on Bitstamp, a level not...
Scammers Exploit Solana Wallets to Burn Tokens
September 04, 2024 11:19 PM AEST| By Team Kalkine MediaScammers have recently devised a new method to defraud Solana users by burning their tokens shortly after purchase. Reports indicate that users are seeing their newly acquired tokens disappear from their wallets within seconds of the transaction.,Slo...
Trader Transforms $5K into $670K with Ethervista, Rival of Ethereum Pump
September 04, 2024 11:18 PM AEST| By Team Kalkine MediaA crypto trader has made headlines by turning a $5,000 investment into $670,000 within just two days, thanks to the explosive rise of the Ethervista (VISTA) token. The token, native to the new decentralized exchange (DEX) and token minting marketplac...
Japan's Finance Regulator Advocates for Reduced Crypto Taxes in 2025
September 04, 2024 11:17 PM AEST| By Team Kalkine MediaJapan’s Financial Services Agency (FSA) has unveiled a plan to revise the nation’s tax code for the fiscal year 2025, with significant changes proposed for the taxation of cryptocurrency assets. The FSA's new request, released on August 30, suggests...
Penpie Hacker Launders 26% of $27M Stolen Funds in 12 Hours
September 04, 2024 11:17 PM AEST| By Team Kalkine MediaA hacker who stole $27 million from the Penpie protocol on September 3 has laundered approximately $7 million of the stolen funds through the crypto mixer Tornado Cash within just 12 hours. The breach highlights significant security risks in decentra...
Bitcoin's Price Lacks Clear Trend as Active Addresses Drop
September 04, 2024 11:16 PM AEST| By Team Kalkine MediaThe number of active Bitcoin addresses has dropped significantly since early 2024, a trend typically observed after Bitcoin's price peaks during previous bull markets. This decline has raised questions about Bitcoin’s future price movements and marke...
Polygon's MATIC Upgraded to POL, Enhancing Token Utility
September 04, 2024 11:15 PM AEST| By Team Kalkine MediaPolygon has executed a significant upgrade to its native cryptocurrency, transforming MATIC into the new Polygon Ecosystem Token (POL). This shift, effective September 4, repositions POL as both the network's gas and staking token, marking a major st...
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