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Binance-linked BNB Chain leapfrogged Solana in daily fees to lead all blockchains, according to Nansen data.BNB Chain generated over $5.8 million in daily fees on Feb. 13, surpassing Solana’s $3.3 million and totaling more than five times the sum of Ethereum.This marked the first time since Hallowee…
DeFi.app, a platform aiming to simplify decentralized finance (DeFi) trading, has raised an additional $4 million in a seed extension round at a flat $100 million token valuation, matching its initial seed round valuation.The extension round included contributions from venture capital investors and …
ZkLend, a money market and lending protocol on zero-knowledge rollup StarkNet, has publicly acknowledged it was hacked for over $9 million.It asked the hacker to keep 10% of the stolen funds as a “white hat” reward while asking for the return of the remaining 90%, which amounts to 3,300 ETH ($8.4 mi…
Cryptocurrency exchange-traded products (ETPs) posted a fifth consecutive week of inflows, totaling $1.3 billion, with Ether-based ETPs seeing the largest inflows.Ether ETPs accumulated 95% more inflows than Bitcoin ETPs in the past trading week, recording a massive $793 million of inflows, CoinSh…
Bitcoin treasury company Strategy (formerly MicroStrategy) acquired an additional 7,633 BTC for approximately $742.4 million at an average price of $97,255 per bitcoin between Feb. 3 and Feb. 9, according to an 8-K filing with the Securities and Exchange Commission on Monday.The company now holds 47…
Long a wild card in the crypto scene, Dogecoin (DOGE) has been riding the waves of excitement, community passion, and even Bitcoin’s price swings.Speculation on the potential price pinnacle of Dogecoin is growing given Bitcoin’s present price hovering at $96,000-97k, and some analysts predicting a w…
James Howells, a resident of Newport, South Wales, reportedly now wants to buy the landfill where he believes his lost £620 million ($768 million) bitcoin fortune is still buried, despite a UK judge dismissing his case last month. Howells, a computer engineer, believes his former partner mistakenly …
By Katherine HamiltonMicroStrategy swung to a loss that was wider than Wall Street expected after operating expenses surged on its purchase of $20.5 billion of bitcoin.The software company, which describes itself as a bitcoin treasury, posted a fourth quarter loss of $670.8 million, or $3.03 a share…
By Janet H. ChoCryptocurrency enthusiasts were digesting MicroStrategy's fourth-quarter earnings results after the market close on Wednesday.Chief Financial Officer Andrew Kang said the company saw its largest-ever increase in quarterly Bitcoin holdings in the fourth quarter, "culminating in the acq…
Healthcare tech and software firm Semler Scientific said that it purchased more than $88 million worth of Bitcoin over the past few weeks and was holding a paper gain of over 150%.Semler said in a Feb. 4 press release that it purchased 871 Bitcoin between Jan. 11 and Feb. 3 for $88.5 million, at an…
A federal appeals court in Manhattan has upheld the conviction of a former partner at law firm Locke Lord who was sentenced to 10 years in prison for his role in a nearly $400 million fraudulent cryptocurrency scheme.The 2nd U.S. Circuit Court of Appeals said on Friday that there was sufficient …
Tezos Layer 1 saw a 30.4% quarter-over-quarter (QoQ) rise in transaction fee revenue, reaching 11,100 XTZ in Q4 2024. Meanwhile, Etherlink, Tezos’ first EVM-compatible smart roll-up, grew even faster, with a 44% quarterly increase, hitting 6,669 XTZ.Despite this, the overall network activity on Tezo…