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Nvidia Records Historic One-Day Loss Following US Antitrust Subpoena
September 04, 2024 10:58 PM AEST| 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 10:58 PM AEST| 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 10:57 PM AEST| 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 10:55 PM AEST| 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 10:54 PM AEST| 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 10:54 PM AEST| 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 10:52 PM AEST| 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 10:51 PM AEST| 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 10:50 PM AEST| 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 10:46 PM AEST| 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 10:45 PM AEST| 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 10:43 PM AEST| 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 10:42 PM AEST| 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...
Solana Faces Repeated Rejections and Possible Price Shift
September 04, 2024 08:57 PM AEST| By Team Kalkine MediaSolana has struggled to surpass its bull market support band, leading to concerns about a potential decline in its price. The repeated rejections from this key resistance level have raised questions about the cryptocurrency's future price trajectory...
XRP Shows Signs of Reversal Against Bitcoin
September 04, 2024 08:55 PM AEST| By Team Kalkine MediaAn,cryptocurrency,, XRP has been experiencing a prolonged period of underperformance relative to Bitcoin. Recent evaluations suggest that XRP might have reached a turning point in this trend.,Analysis of XRP/BTC Performance,Market commentator EGRAG C...
FBI Issues Significant Alert on Bitcoin and Ethereum ETFs
September 04, 2024 08:49 PM AEST| By Team Kalkine MediaThe Federal Bureau of Investigation (FBI) has issued a critical warning concerning potential cybersecurity threats targeting,Cryptocurrency,companies associated with Bitcoin and Ethereum exchange-traded funds (ETFs). The alert highlights concerns ove...
Viva Energy (ASX:VEA) seeks regional footprint expansion, 85 new stores planned by 2027
September 04, 2024 08:44 PM AEST| By Team Kalkine MediaHighlights,Viva Energy is a convenience retailer, commercial services and energy infrastructure company,In 1HFY24, VEA’s NPAT (RC) jumped to AUD 192.10 million, up 10.34% YoY,Energy Australia BV has the maximum stake in the firm with a shareholding o...
Why Bitcoin Is Struggling in the Market Today
September 04, 2024 06:52 PM AEST| By Team Kalkine MediaThe,cryptocurrency,sector experienced a significant downturn as Bitcoin's price fell below $57,000 amid a broad sell-off in the U.S. market. The digital asset recorded a decline of 2.77% on Wednesday, reflecting the impact of various bearish catalyst...
Bitcoin Faces Short-Term Bearish Outlook as Price Declines
September 04, 2024 06:47 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, BitMEX founder Arthur Hayes has turned bearish on Bitcoin in the short term, projecting a potential decline toward the $50,000 level. Hayes' perspective is based on the rising reverse repurchase agreement (RRP) rates, wh...
Cardano Moves Forward Following Chang Hard Fork
September 04, 2024 06:31 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, Cardano founder Charles Hoskinson has provided an update on the next steps for the Cardano ecosystem following the recent Chang upgrade. Just a day after declaring Cardano an independent blockchain, Hoskinson shared insi...
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