News
Hacker Praised After $27M Crypto Heist from Penpie DeFi Protocol
September 06, 2024 09:21 PM AEST| By Team Kalkine MediaThe recent $27 million hack of the decentralized finance (DeFi) protocol Penpie has drawn attention from another high-profile hacker. On September 3, Penpie experienced a significant security breach, resulting in the theft of $27 million worth of dig...
Riot Platforms’ Bitcoin Holdings Exceed 10K BTC as Production Falls
September 06, 2024 09:20 PM AEST| By Team Kalkine MediaRiot Platforms, a prominent Bitcoin mining company, has reported a decline in its Bitcoin production for August 2024, yet remains optimistic about future growth and efficiency improvements. The company has disclosed that its Bitcoin holdings have inc...
Magic Eden Faces Backlash Over US Service Segregation
September 06, 2024 09:18 PM AEST| By Team Kalkine MediaMagic Eden, a notable NFT marketplace, recently announced the launch of a United States-exclusive domain for its users, sparking notable controversy within the crypto community. According to a September 5 update, the new US domain will offer familiar...
Crypto in ‘Extreme Fear’ as Arthur Hayes Predicts Bitcoin Under $50K This Weekend
September 06, 2024 08:37 PM AEST| By Team Kalkine MediaCrypto market sentiment has plunged into the "extreme fear" zone, triggered by a recent drop in Bitcoin’s price. The Crypto Fear & Greed Index which gauges market sentiment on a scale from 0 to 100, registered a score of 22 on September 6, indicating...
Ether All-Time High in 2024: Possible, but Unlikely
September 06, 2024 08:34 PM AEST| By Team Kalkine MediaEthereum's market prospects suggests that while the launch of spot Ether exchange-traded funds (ETFs) has garnered significant Wall Street attention, the cryptocurrency faces challenges in competing with tech stocks that are currently delivering high...
90% of UK Crypto Registrations Fail Due to Weak Fraud and AML Controls
September 06, 2024 08:34 PM AEST| By Team Kalkine MediaThe UK Financial Conduct Authority (FCA) has faced significant challenges in approving crypto business registrations, with a recent report highlighting that only four out of 35 applications were accepted over the past year. This high rejection rate i...
Unlucky’ MEV Bot Takes $12M Loan for Just $20 Profit
September 06, 2024 08:33 PM AEST| By Team Kalkine MediaMonochrome Asset Management has announced its application for the first spot Ether exchange-traded fund (ETF) in Australia, aiming to list the Monochrome Ether ETF (IETH) on Cboe Australia by the end of September. The application marks a significant...
VanEck: Multiple Factors Driving Ether's Weak Price Action
September 06, 2024 06:51 PM AEST| By Team Kalkine MediaVanEck has highlighted several factors contributing to Ethereum's recent decline in decentralized exchange trading volume, which has dropped from 42% in 2022 to 29% in 2024. The presentation in VanEck's Crypto Monthly Recap for August 2024, identifie...
Blockstream Mining Launches Hashrate-Backed Security Token
September 06, 2024 06:50 PM AEST| By Team Kalkine MediaBlockstream is raising funds through the issuance of a new security token, the Blockstream Mining Note 2 (BMN2), which is backed by the company's Bitcoin mining hashrate. According to an announcement on September 5, BMN2 tokens are priced at $31,000...
Celestia Reveals Roadmap for 1-Gigabyte Blocks
September 06, 2024 06:49 PM AEST| By Team Kalkine MediaCelestia, a layer-1 data availability network, has announced a technical roadmap aimed at significantly scaling its block size to 1 gigabyte, as detailed in a September 5 blog post. This strategic move is designed to enhance data throughput for Celes...
HNT Surges 21% Amid Helium Ecosystem Growth
September 06, 2024 06:48 PM AEST| By Team Kalkine MediaThe Helium Network's native token, HNT, has experienced a significant 21% price increase over the past two days, largely driven by growth in the Helium Mobile subscriber base and an expansion in the number of hotspots.,As reported by Cointelegraph Ma...
Blockchain Experiment Yields Swarm of Decentralized Learning Robots
September 06, 2024 06:47 PM AEST| By Team Kalkine MediaResearchers in Belgium are exploring a groundbreaking approach to artificial intelligence (AI) through a blockchain-based, decentralized training method. This pioneering research, still in its early stages, may have profound implications for various...
Shiba Inu Partner K9 Announces Launch Date for Staking Solution
September 06, 2024 06:41 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, K9 Finance, the official liquid staking partner for Shiba Inu, has confirmed the launch of its liquid staking derivative (LSD) platform this month.,K9 Staking Solution Completes Security Audit,Shiba Inu,(,SHIB,) partner...
Flare Network Offers Guide for XRP Users to Join FAssets
September 06, 2024 06:36 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, the Flare Network team has released a detailed guide on how XRP holders can participate as collateral providers within the FAssets project.,Steps to Becoming a Collateral Provider,The FAssets platform, currently in its b...
Bitcoin Reaches New Heights Amid Market Trends and Rate Cut Prospects
September 06, 2024 06:30 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, Bitcoin has recently experienced a correction, trading around $55,000, and the potential for a Federal Reserve interest rate cut in September could influence future price movements.,Bitcoin Faces Short-Term Challenges,Bi...
XRP Sentiment Shifts as Target Gains Traction
September 06, 2024 06:21 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, a notable shift in sentiment regarding XRP's price target has emerged. Xena, a prominent figure within the XRP community, reports that the once far-off $100 target for XRP is now being seen as a potential milestone withi...
Snek.Fun Launch on Cardano Sparks High User Demand
September 06, 2024 06:19 PM AEST| By Team Kalkine MediaThe,cryptocurrency,sector sees the launch of Snek.Fun, a new memecoin creation platform on the Cardano network, drawing significant attention and sparking discussions within the community. The platform, which debuted on Thursday, is associated with S...
Data Highlights Cardano's Performance During Bullish Phases
September 06, 2024 05:56 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, Cardano Whale, a prominent community figure, has shared data illustrating Cardano's performance compared to 18 of the top cryptocurrencies. The comparison, which uses the Blooming Generic Price (BGN) metric, covers a per...
Top Lawyer Highlights Increased Appeal Chances in Ripple v SEC Case
September 06, 2024 05:53 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, prominent attorney Fred Rispoli recently indicated that the chances of an appeal in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) have risen. The statement follows Ripple's...
XRP Target Discussion Examines Market Impact
September 06, 2024 05:42 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, a market observer, Moonshilla, recently revisited a bold forecast for XRP, discussing what a rally to over $100 could mean for the broader market. This ambitious price target highlights a potential significant increase f...
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