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LayerZero Sybil User Analysis: Only 30k Users Admit To Sybil Activity

LayerZero Sybil user analysis revealed, CEO said that out of 6M users, just 400k-600k are genuine accounts. Currently, only 30k are identified as Sybil.Read more...Coincu News

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24/7 World Crypto News

BlockDAG Unveils 26th Development Release to Bolster Network for Enhanced Scalability with $100M in Liquidity

BlockDAG has unveiled its 26th Development Release, significantly upgrading its network functionalities. These enhancements include improved user interfaces and a more efficient peer-to-peer engine. This release lays a strong foundation for future scalab

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24/7 World Crypto News

Kraken Asks Court To Dismiss SEC Claims Alleging the Crypto Exchange Operated As Unregistered Securities Broker

The crypto exchange Kraken is pushing back against claims made by the U.S. Securities and Exchange Commission (SEC). In November, the SEC charged Kraken with operating its crypto trading platform as an unregistered securities exchange, broker, dealer and

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24/7 World Crypto News

10 Best High Risk High Reward Cryptocurrencies in 2024

When it comes to crypto investing, certain high risk high reward crypto options often come to notice. While these seem attractive opportunities, such investments can be exciting as well as challenging. Furthermore, with everyday new coins coming into the

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24/7 World Crypto News

‘Jeo Boden’ Meme Coin Soars 20% After Trump Diss – Details

The memecoin “Jeo Boden” has taken the crypto world by storm, riding on the back of a lukewarm comment from former US President Donald Trump. The whimsical cryptocurrency, a playful misspelling of President Joe Biden’s name, experienced

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24/7 World Crypto News

Over 20% of Large Cap Crypto Have Major Risk of Token Unlocks

A recent study on the top 300 cryptocurrencies by market capitalization reveals that over 20% of these coins have a large portion of their tokens yet to be unlocked. This finding is crucial for investors and market analysts, given the potential impact

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24/7 World Crypto News

US Justice Department Chooses FRA Over Sullivan & Cromwell for Binance Oversight

The Justice Department has designated Forensic Risk Alliance (FRA) as the external monitor for Binance Holdings Ltd. This decision comes in the wake of Binance’s acknowledgment of breaching U.S. anti-money laundering regulations and sanctions. Bloom

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24/7 World Crypto News

Trump’s Pro-Crypto Bluster at NFT Gala Lacked Policy Substance

At the Mar-a-Lago gala, Trump courted a constituency Biden has thoroughly snubbed – even if the GOP candidate isn't exactly fluent in crypto policy.

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24/7 World Crypto News

Bold Statement from the Famous Founder: “May 23rd Will Be A Turning Point In The Cryptocurrency World, Here’s Why”

According to BitOoda founder Vivek Raman, May 23 will be a turning point in the cryptocurrency world. “On May 23, we will see all spot Ethereum ETFs approved,” Raman said in a bold statement. Despite the current cyclical low in ETH sentiment and the S

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24/7 World Crypto News

BlackRock and other bitcoin ETFs rob bitcoin of its room to grow

Bitcoin is over 15 years “old,” and more and more companies and brands now accept the cryptocurrency as a way of payment.  But for most people, paying with bitcoin is as familiar as paying with galactic credits.  The truth is bitcoin a

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24/7 World Crypto News

Ethereum Spot ETFs Approval Delayed Until 2025: Report

According to DLNews, The SEC might reject Ethereum spot ETFs until 2025 due to regulatory concerns, says Bloomberg analyst. The US election outcome could impact this, with a Trump win potentially favoring crypto.Read more...Coincu News

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24/7 World Crypto News

BlockFi Shuts Down Web Platform, Teams Up with Coinbase for Fund Distribution

Key takeaways: BlockFi is wrapping up its operations and announcing the closing of its online platform in May. Coinbase and BlockFi have teamed up to withdraw money. The plan administrator will still use Coinbase for future payout rounds, which ma

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