May 2024

Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms

Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms

Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry. Riot has already acquired a 9.25% stake in Bitfarms and plans to make a public takeover offer despite the company’s board’s recent rejection. Global Bitcoin Mining Giant Riot has proposed an […]

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Stablecoin Market Cap Hits $161 Billion, Reaches Two-Year High: CCData

Stablecoin Market Cap Hits $161 Billion, Reaches Two-Year High: CCData

In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly

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Uphold’s Topper Joins Forces with Coindisco, Streamlining Crypto Purchases for Users Globally

Uphold’s Topper Joins Forces with Coindisco, Streamlining Crypto Purchases for Users Globally

[PRESS RELEASE – San Fransico, California, May 30th, 2024] This partnership provides Coindisco’s community with a reliable, regulated, and trusted payment system that drives more approvals and more revenue from more digital assets. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, integrates today with Coindisco for buying and monitoring the user’s preferred

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Wave Digital Assets Launches Polygon Yield Vehicle with $30M Investment

Wave Digital Assets Launches Polygon Yield Vehicle with $30M Investment

[PRESS RELEASE – Los Angeles, California, May 30th, 2024] Wave Digital Assets (Wave), a digital asset-focused investment adviser regulated by the SEC, is pleased to announce the launch of a Polygon network-focused yield vehicle with an initial $30 million. The vehicle is designed to support protocols and teams on the Polygon zkEVM blockchain.starting with facilitating liquidity

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Caitlyn Jenner’s JENNER Meme Coin Sends Traders into a Tailspin

Caitlyn Jenner’s JENNER Meme Coin Sends Traders into a Tailspin

This year saw an explosion of meme coin launches, many of which have questionable ties. In fact, Lookonchain’s data effectively highlights the perils of trading meme coins, especially those endorsed by celebrities, with the latest spotlight on American celebrity Caitlyn Jenner’s JENNER, which was launched on the Solana blockchain. JENNER Memecoin Pitfall Despite several market

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Viral Meme Coin, Memeinator, Lists On Exchanges After Raising $7.7M

Viral Meme Coin, Memeinator, Lists On Exchanges After Raising $7.7M

[PRESS RELEASE – London, United Kingdom, May 29th, 2024] Memeinator the viral new meme coin, continues its upward trajectory following its successful $7.7 million presale and has confirmed it will list its MMTR token today, the 29th of May, at 3 PM UTC on both MEXC and Uniswap. MEXC, popular among both novice traders and

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Bitget Wallet Token (BWB) makes debut on the Bitget Launchpad

Bitget Wallet Token (BWB) makes debut on the Bitget Launchpad

[PRESS RELEASE – Victoria, Seychelles, May 29th, 2024] Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the launch of Bitget Wallet’s BWB token on its Launchpad. The sale of the BWB token will take place between 1st June and 6th June, and it will be listed in the Bitget spot market at

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Shiba Inu (SHIB) Explodes 15% Daily, Bitcoin (BTC) Maintains $68K (Market Watch)

Shiba Inu (SHIB) Explodes 15% Daily, Bitcoin (BTC) Maintains $68K (Market Watch)

Bitcoin’s price has been on a wild ride in the past few days, first heading north to over $70,00 before it dumped to $67,000 a day later. The altcoins have recovered some of yesterday’s losses, and most have turned green. SHIB and WIF lead the pack from the meme coin realm with massive double-digit surges.

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