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In uncertain times, crypto investors need sources of information they can trust. This social trading platform offers just that. The turbulence in the crypto markets has led to great uncertainty for investors. Unsubstantiated rumors run amok on Twitter — causing panic. Just recently, seemingly credible accounts warned that Mt. Gox was about to dump 140,000 BTC on the market… even though payouts could be many weeks away. Rampant disinformation and conflicting reports mean crypto enthusiasts often don't know where to turn for intelligence they can trust. But one platform says it's got the answer: Connecting experienced traders with newcomers looking for guidance. ICONOMI allows seasoned professionals to create a crypto strategy and share it with others. From here, they have a stake in their own success — meaning they're in the same boat as the people following their tactics and copying their moves. This can be appealing for many reasons. Firstly, having a connection to top ...

Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore. Pantera CEO Dan Morehead highlighted the potential growth and value of Decentralized Finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and Metaverse applications in his opening keynote speech at Token2049 in Singapore. Thousands of attendees converged on Wednesday at the Marina Bay Sands Convention Center for the start of the two-day conference which Features prominent speakers from the cryptocurrency and Blockchain ecosystem. Pantera, a blockchain-focused investment fund with $4.5 billion of assets under management, said it continues to see value in emerging crypto use cases.  Morehead drew parallels to the early 2000s when emerging technology companies like Amazon, Apple, and Google began to attract major investments after years of dominance by Microsoft in the stock markets. Pantera Capital CEO and founder Dan Morehead. More...

Spheron Protocol, an all-in-one decentralized platform for dApp hosting, is all set to enhance the experience of builders at Reef with its decentralized &amp ; efficient dApp hosting and storage solution . As Spheron will host dApps building on ReefChain. On a mission to allow a frictionless building experience for developers, Spheron facilitates instant deployment of dApps, and automatic scaling while enabling developers to serve customized content on any decentralized networks . Reef x Spheron Protocol With this strategic development, Spheron will provide decentralized hosting solutions to dApps building on Reef. Through Spheron, Reef developers will be able to deploy dApps seamlessly, effectively, and much more efficiently on DSNs. As a blockchain-based & serverless app deployment platform, Spheron hosts apps in a completely decentralized way. Spheron will also help dApp developers on Reef Chain and the entire Reef ecosystem with truly decentralized hosting and stora...

Index Coop , the leading on-chain structured products provider, and Push Protocol (formerly EPNS), the Web3 communication network, recently announced a partnership to create a more seamless communication channel for the Index Coop community and customer base. Push Protocol enables Web3 projects and protocols to provide timely news and updates via cross-chain notifications and messaging for dApps, wallets, and services. About Push Protocol Push is the communication protocol of web3. Push protocol enables cross-chain notifications and messaging for dapps, wallets, and services tied to wallet addresses in an open, gasless, and platform-agnostic fashion. The open communication layer allows any crypto wallet / frontend to tap into the network and get the communication across. About Index Coop The Index Coop(INDEX) is a decentralized autonomous organization (DAO) and the largest provider of on-chain structured decentralized finance (DeFi) products. Our diversified and automat- ed products p...

According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in USD-pegged stablecoins. Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence disclosed on Nov. 25.  In a Twitter thread, Arkham revealed that Alameda Research, FTX’s sister company, pulled $204 million from eight different addresses of FTX US in a variety of crypto assets, the majority of them stablecoins, in the final days before the collapse. Arkham analysed flows from FTX US in the final few days before the collapse, finding that Alameda withdrew the most funds, at $204M. Below is a diagram of withdrawals to Arkham-identified entities from FTX US. n.b. this thread regards FTX US assets only, not FTX International. pic.twitter.com/QFPVlVIWhO — Arkham | Crypto Intelligence (@ArkhamIntel) November 25, 2022 Among the withdrawn funds, $116 million, or 57.1%, were in st...

According to the recent revelations, the leading crypto exchanges Coinbase, Paxos Trust Company, and Celsius Network have been affected by the Federal Deposit Insurance Corporation’s (FDIC) shut down of Signature Bank on March 12. Accordingly, the FDIC promises to compensate all depositors on March 13. The crypto firm Coinbase shared a Twitter thread revealing the company’s exposure to Signature Bank. Notably, Coinbase tweeted that it has almost $240 million balance in corporate cash at Signature Bank and added that the company expects to fully recover the funds: As of close of business Friday March 10 Coinbase had an approximately $240m balance in corporate cash at Signature. As stated by the FDIC, we expect to fully recover these funds. https://t.co/XY5L7m4RMs — Coinbase (@coinbase) March 12, 2023 Similarly, the New York-based financial institution and technology company Paxos Trust Company revealed on its official Twitter page that the firm held about $2...

Polygon overtook Hive for the second spot last month, with the Hunters On-Chain RPG partly driving the growth in unique active wallets. Surging user activity on Ethereum layer-2 scaling solution Polygon in March saw the network become the second -largest Blockchain Gaming network in terms of unique active wallets (UAWs). According to the “ Blockchain Games Report” published by decentralized application (DApp) analytics platform DappRadar, the number of UAWs engaging with Games on Polygon hit 138,081 in March, marking an increase of 53% from February. That figure places Polygon well ahead of third and fourth-ranked Hive and BNB Chain at 84,000 and 80,000 UAWs, respectively, while first-placed Wax is well ahead of the pack with 314,000 UAWs. “Polygon, a blockchain previously known for DeFi DApps, overtook Hive this month and secured the second spot. This is a positive sign for Polygon, as it is now gaining recognition as a gaming blockchain,” the report reads. A significant amount of ...

Wallet Linked To 2016 Bitfinex Hack This development stems from the wallet’s direct connection to the infamous 2016 Bitfinex Hack. PeckShieldAlert’s findings indicate that the wallet’s ownership is linked to the seizure address. Recent records indicate that on February 1st, 2022, a substantial amount of approximately 567.5 BTC, valued at around $21.88 million, was transferred from wallet 1CGA4s to this specific seizure address. advertisement This occurrence is not the first of its kind. In 2022, PeckShield had previously reported that the U.S. Department of Justice (DOJ) had taken control of the account, associated with the Bitfinex hack. The DOJ’s action resulted in the seizure of a staggering $3.55 billion worth of Bitcoin , further highlighting the magnitude of the cryptocurrency’s connection to the hack. At the time of the hack, these stolen Bitcoin s were valued at around $75 million. Also Read: Memecoins Like Pepe Coin, DOGE, An...

Tagged as one of the most promising blockchain exchanges in Indonesia and South East Asia, Pintu previously raised $6 million from investors back in May with the latest coming off as an extension of the first round led by Pantera Capital. According to Pintu ’s Chief Operating Officer, Andrew Adjiputro, the company still has its focus on product development, a development that is fueled by the Coinbase IPO conducted back in May. advertisement “With the Coinbase IPO and a lot of new users onboarding, we think it’s the right time for us to raise a larger round to finance faster growth,” he said. “It’s good momentum for us to launch new products and grab the market.” The company has notably increased in its growth metrics with its application download up 3.5x in the first half of the year, while active traders surged by 4x the normal size within the time period. Crypto Startup Funding is Encompassing ...

Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million ($215 million Canadian) owed to creditors. According to a May 8 post by Miller Thomson, the law firm representing users of the defunct crypto currency exchange QuadrigaCX, interim distribution of funds tied to bankruptcy proceedings will be scheduled "in the coming weeks." Bankruptcy trustee Ernest & Young announced the interim distribution in consultation with estate inspectors. In the near future, the trustee will post a Notice to Affected Users regarding details about the manner and procedure of the distribution. According to Miller Thomson, a small number of affected users are expected to receive a Notice of Disallowance of Claim, which means that the creditor's claim has been revised or disallowed in the bankruptcy process.  "If you received a Notice of Disallowance, you have the right to appeal the decision," Miller Thomson explained, addin...

Investing in DeFi and Web3 is now super easy with this platform, aiming to make crypto accessible to all. Investors use multiple tools to explore, invest and manage decentralized trading. This platform brings together the best of all worlds in one simplified interface to make investing in Web3 easier for all investors. Legendary investor Warren Buffett once said that we should never invest in businesses that we don’t understand. Web3 is a new market and it’s evolving fast. While understanding all intricacies of decentralized networks might be unachievable, this shouldn’t lead to lost opportunities. Ways to participate in DeFi and Web3 Investors can get exposure to DeFi in so many ways. Here are some of them: Investing in digital assets. Crypto holders can explore digital assets on decentralized exchanges (DEXs) and build noncustodial portfolios, meaning that they hold tokens in their personal wallets while interacting with the apps. Crypto tokens are highly volatile and prone to pric...

Sologenic co-founder says the firm has integrated XRPL AMM, XLS-30D. The integration comes after a comprehensive scrutiny audit by CertiK. CertiK says the AMM meets the highest security standards. In a recent tweet, Bob Ras, the co-creator of Sologenic, said his digital asset trading firm integrated XRP Ledger (XRPL)’s automated market maker (AMM), XLS-30D, on the developer network following a successful security audit on the AMM. Ras noted that his team would “flip the switch” once XLS-30D passes the amendments and goes live on the XRPL blockchain. Sologenic team has successfully integrated the XLS-30D on the devnet and as soon as the amendment is passed and live on the #XRPL, we will flip the switch. @realSologenic @RippleXDev https://t.co/PuGFv8PvpI — Bob Ras (@bobrasX) July 12, 2023 Last year, the XRPL automated market maker had become available for testing and development. In a recent turn of events, CertiK, a prominent player in blockchain au...

In a whirlwind of events, the Pepecoin (PEPE) community has found itself at the centre of a crypto storm, grappling with challenges that have tested their faith in the project. This article delves into the intricacies of the recent saga, shedding light on the human elements behind these developments and the repercussions for Pepecoin. The Multisig Mystery Unveiled On August 24th 2023, the Pepecoin community was rocked by a sudden and sharp drop in PEPE’s price, a nerve-wracking 15% plunge. What triggered this turmoil? It was the withdrawal of an astounding $16 million worth of PEPE tokens from the project’s multisig wallet. Panic spread among community members as they feared the worst – a potential rug pull. However, amidst the chaos, a ray of clarity emerged the next day on August 25th. An anonymous founding member, sharing the story via Pepecoin’s official account, revealed the truth. It was not a rug pull but the actions of three former te...

PEPE token hits a 30-day low, prompting active trading and potential buying opportunities. DOGE struggles near support at $0.0619, with potential for a bearish trend, eyes on the $0.0600 level. FLOKI and BONE’s recovery is on the horizon as positive developments set the stage for a bullish rally. Pepe (PEPE) has fallen to a 30-day low of $0.0000008046 due to unfavorable market sentiment in the previous 24 hours. PEPE exchanged hands at $0.0000008698 at press time, a 20.74% drop from its 24-hour high of $0.000001104. During the bear reign, PEPE’s market capitalization and 24-hour trading volume fell by 20.70% to $340.77 million and 225.81% to $255.23 million, respectively. PEPE/USD 24-hour price chart (source: CoinMarketCap) This spike in trading volume indicates greater interest and activity in PEPE, which might signal a change in market mood. Investors may perceive the recent price decrease as a chance to purchase at a lower price and p...