In a bold move to capitalize on Spore ($SPORE), a crypto whale has obtained significant gains. As per the data from Lookonchain, an on-chain crypto analytical platform, the whale has effectively received a substantial $620K in unrealized funds by investing in $SPORE on the Solana blockchain. The whale reportedly spent up to 1M $USDC tokens…
With nearly five million players, HashCats has carved out a name for itself in the blockchain gaming scene by blending interactive gameplay with a fun mining concept involving, just as its name suggests – felines. To end Season 1 in grand style, the game distributed $2 million worth of Secret Points (SP) to players, showing…
Popular crypto sports betting platform Sportsbet.io is welcoming a diverse intake of new ambassadors, with a chef, a singer and a betting tipster joining with a shared goal to spread the word about Sportsbet.io. The first is renowned Nigerian celebrity chef and lifestyle connoisseur Rasheed Sakajojo, better known as Unrashon. He joins the team to…
The Internal Revenue Service (IRS) published new crypto tax guidelines today, demanding that DeFi brokers collect and report much more detailed information about customers and transactions. These new rules apply to front-end services interacting with users, but the protocols themselves are exempt. IRS Wants Crypto Tax Info from DeFi The IRS published these new tax…
Montenegro’s Minister of Justice, Bojan Božović, has signed an order to extradite Terraform Labs co-founder Do Kwon to the US. Montenegro’s Supreme Court recently determined that all legal conditions for Kwon’s extradition had been met. Following this ruling, the Ministry of Justice evaluated the competing requests and concluded that the US request favored the most…
Pro-XRP lawyer John Deaton has criticized a newly finalized crypto tax reporting rule issued by the Biden administration. The rule, titled “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales,” was recently introduced by the IRS. Deaton has labeled the regulation as detrimental to decentralized finance (DeFi). Pro-XRP Lawyer John Deaton…
Meme coins have dominated the cryptocurrency market, with an ever-growing number of investors jumping on board to cash in on their popularity and potential. Over the past year, meme coins like Dogecoin and Shiba Inu have proven that they’re more than just jokes. They have become serious contenders, with communities rallying around them and driving…
HyperLiquid, the recently launched layer-1 blockchain and decentralized exchange, could outpace rivals in terms of fee generation in the next year, Syncracy Capital co-founder Ryan Watkins says. The DEX platform for perpetual futures has, in the past few days, attracted…
Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according to a report by web3 security firm Cyvers. The long-term fraud method, where victims are groomed over time to make substantial investments, outpaced other forms of crypto scams in 2024. The report…
The crypto market has proven time and time again that investing in the right projects at the right time can lead to life-changing returns. As traders gear up for the next bull run, five cryptocurrencies stand out for their growth potential and strong foundations: BlockDAG (BDAG), Dogecoin (DOGE), Binance Coin (BNB), Ripple (XRP), and Solana…
Subscribe to our weekly newsletter below and never miss the latest news.
