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GOAT, once dominating the meme coin market, has faced significant challenges with the emergence of Peanut the Squirrel (PNUT).
The sudden rise of PNUT has disrupted GOAT’s market position, causing the meme coin to lose its demand. Despite the downturn, GOAT investors remain optimistic about its potential recovery.
A Squirrel Defeats GOAT
The social dominance of GOAT has shifted...
Wirex, a leading Web3 money app, is thrilled to announce a groundbreaking global alliance with Banking Circle, a leading provider of next-generation banking services.
This strategic collaboration is set to dramatically enhance Wirex’s financial operations across the globe, empowering millions of users with cutting-edge banking solutions.
Under the cooperation, Banking Circle will provide a...
BIT Mining Ltd, previously known as 500.com Ltd, admitted to bribing Japanese officials to advance its casino project plans.
The company was fined $54 million by US authorities for violating the Foreign Corrupt Practices Act (FCPA) between 2017 and 2019.
The BIT Mining Saga: CEO, Japanese Officials Face Charges
Due to cited financial struggles, the mining company was unable to pay the...
XTZ, the native coin of blockchain network Tezos, has emerged as the top-performing cryptocurrency over the past 24 hours. Its value has surged by 38% to trade at a seven-month high of $1.13 as of this writing.
However, the price increase has triggered growing selling pressure, indicating a potential pullback ahead.
Tezos’ Traders Scamper for Gains
XTZ’s price has climbed by 38% over the...
Ai16z, a venture capital firm run by AI agents, has joined forces with Ryze Labs to unveil AICombinator, an initiative supported by a $5 million fund.
This program will empower developers to create novel projects that merge AI capabilities with cryptocurrency technologies. It marks a major development for the intersection of artificial intelligence and blockchain.
Ai16z Partners With Ryze...
AKT, the native token powering Akash Network — a protocol enabling users to buy and sell computing resources — has skyrocketed by nearly 30% in the past 24 hours. During the same period, its trading volume surged by 2,590%, surpassing $380 million.
This growth follows AKT’s perpetual contracts debut on Binance Futures on Monday. Currently, the altcoin is trading at $4.21, with strong momentum...
New projects are in the pipeline to enter the cryptocurrency space, with Token Generation Events (TGE) being key moments for any emerging blockchain venture.
During a TGE, a cryptocurrency project creates and distributes its tokens to investors, users, or the public. It marks a major step in launching a new token, often happening after the project has raised funds and developed its product...
On Monday, November 18, MANTRA (OM) rallied to a new all-time high after the price increased by 160% in the last 24 hours. Following the landmark, crypto whales have booked some profits.
This action has caused OM’s price to retrace. But will the price continue to decrease, or is a rebound on the cards?
MANTRA Sees Increase in Profit-Taking, Decrease in Demand
Based on IntoTheBlock’s data...
Big Time Studios, a player in Web3 gaming and the creator of Big Time, has unveiled its newest product: the OL token.
With the Open Loot platform already handling nearly $500 million in transactions, the introduction of OL sets the stage for a new era of engagement, rewarding the very players and developers who fuel its success.
A Token for Engagement, Not Speculation
Unlike traditional...
The Russian government has approved sweeping amendments to its crypto taxation framework. This development comes as the country aims to balance the interests of miners, businesses, and state authorities.
These changes reflect a growing effort to regulate the growing digital currency sector while addressing economic and infrastructural challenges.
Key Crypto Taxation Changes in Russia...