Rapper Sexyy Red’s team bought 90% of PRESI token at launch — ZachXBT
The onchain sleuth claimed that team wallets “sniped” 90% of the token supply by buying it from the liquidity pool just after launch.
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Report: Ant Group to overhaul structure per agreement with China authorities
Several of Ant Group’s offerings including the blockchain division will reportedly become part of a financial holding company. 831 Total views 8 Total shares Ant Group, the financial affiliate of China’s e-commerce giant Alibaba, has reportedly reached an agreement with Chinese regulators over the company's status.According to a Feb. 3 report by Bloomberg, Chinese regulators…

Bitcoin retracing? Here are the odds of it returning to $28K
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if Bitcoin is retracing and if it can go back to the previous $28,000 level. 158 Total views 1 Total shares Own this piece of history Collect this article as an NFTIn today’s Market Report episode, analyst and writer Marcel Pechman covers the…

Bithumb Cryptocurrency Exchange Goes to Court Over $69M Tax Bill
Major South Korean cryptocurrency exchange Bithumb has decided to litigate a near $69 million (80 billion won) tax bill levied by the National Tax Service (NTS).According to a report published by The Korea Times on Jan. 16, Bithumb filed a complaint with the NTS, suggesting that the imposed tax bill is groundless given that cryptocurrency…

Solana integrates Web3Auth to lower DApp barrier-to-entry
Web3Auth's technological infrastructure has already been implemented by the likes of Binance Chain, Ubisoft and Rarible across an array of Web3 projects. 991 Total views 39 Total shares Solana Labs and Web3Auth have announced a collaborative digital wallet initiative designed to eliminate the prerequisites for seed phrases in cryptocurrency interaction, and in turn, streamline a presently tedious…

3 cryptocurrencies that stand to outperform ETH price thanks to Ethereum’s Merge
After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum's native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the Merge. Ethereum steps closer toward the MergeThe leading smart contract platform completed the last of its three…

USDT0 deployed on OP Superchain
Superchain, a network of layer-2 chains designed to scale Ethereum, accounts for more than half of Ethereum L2 transactions, and is expected to reach 80% this year. 337 Total views 1 Total shares Crosschain US-dollar stablecoin USDT0 has been deployed to Optimism’s Superchain, increasing access to the world’s most widely used stable asset across Ethereum’s

Russia doesn’t need to be first with a digital currency, says state expert
Russia is purportedly taking a fast-second strategy for the digital ruble. 1845 Total views 20 Total shares A Russian official argued that the country should have launched research on a central bank digital currency four years ago in order to claim leadership in the field.However, according to Dmitry Peskov, a special representative of the President…

Bitmain Shifting IPO Plans to the US on Growing Bitcoin Optimism
Chinese cryptocurrency mining giant Bitmain is revisiting plans for an initial public offering (IPO,) Bloomberg reported on June 21.The company had filed to list an IPO on the Hong Kong Stock Exchange, but the application expired on March 26.Now, Bitmain is reportedly planning to file listing documents with the United States Security and Exchange Commission, potentially paving the way for…