Recent reports have revealed that Montenegrin Prime Minister Milojko Spajić was among the early investors in Terraform Labs. In April 2018, Spajić invested $75,000 in the project, acquiring 750,000 Luna tokens at a price of $0.10 each. This made him the 16th investor during Terraform Labs’ initial fundraising phase. Unfortunately, Terraform Labs’ cryptocurrency project ultimately
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In a significant development for the blockchain gaming industry, Ronin, the Ethereum sidechain network utilized by Axie Infinity, is on the brink of integrating zero-knowledge Ethereum Virtual Machines (zkEVM) with the assistance of the Polygon Chain Development Kit (CDK). This integration is poised to revolutionize the scalability and efficiency of the Ronin network, empowering game
The mobile app market has long been dominated by tech giants like Apple and Google, who charge exorbitant fees to developers for hosting their applications on their platforms. However, APhone has recently launched AppNest, a decentralized app store that aims to disrupt this traditional model and provide a more developer-friendly and user-centric experience. The Platform
Recently, blockchain security firm CertiK made headlines by revealing a critical vulnerability in the deposit system of the popular crypto exchange Kraken. CertiK claimed that Kraken had threatened its employees and demanded repayment for a “mismatched” amount in an unreasonable timeframe without providing a relevant wallet address. The security firm denied any extortion allegations and
Following a surge above $0.50, XRP experienced a slight decline over the past 12 hours. Despite this, the cryptocurrency managed to erase its weekly losses, standing as the only top digital asset in the green for the week. The uptrend coincided with a notable rise in open interest (OI) as traders closely monitored the ongoing
In a recent development, a federal high court in Nigeria dismissed a human rights lawsuit brought forward by Binance executive Nadeem Anjarwalla against the country’s National Security Adviser and the Economic and Financial Crimes Commission. This decision came on June 19, as Justice Inyang Ekwo ruled the case out due to Anjarwalla’s lack of legal
Crypto analyst and trader Tyler Durden has recently expressed his bullish sentiment towards Ethereum (ETH) in the cryptocurrency market. Durden believes that the rise of ETH to $10,000 is inevitable and is encouraging traders to go with the tide. In a social media post, Durden stated that Ethereum to $10,000 is the “most asymmetric bet”
The recent revelation by ex-convict Martin Shkreli about his involvement in creating the Donald Trump-themed token DJT has caused a stir in the cryptocurrency world. Despite spending time in prison for financial-related frauds, Shkreli publicly announced his role in the creation of DJT on an X space platform. This confession came after questions surrounding the
In the midst of significant turbulence in the cryptocurrency market, investors are turning to Bitcoin as a safe haven. With Bitcoin’s dominance reaching a nine-week high of 57%, it is clear that many see it as a stable asset amidst the chaos. Altcoins, on the other hand, are facing the brunt of the market sell-off,
The current state of Bitcoin, according to Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, is characterized by being ~10% off of its all-time highs and on the brink of cannibalism. Despite the NASDAQ surging 16% since April 19, Bitcoin has shown relatively flat performance within the macroeconomic environment. This underperformance is
