Bitcoin miner Bitfarms announced that its Board of Directors has unanimously approved a shareholder rights plan — effective immediately — to preserve the integrity of its strategic alternatives review process. The plan, also known as a “poison pill,” is designed to prevent any party from gaining control of Bitfarms without providing fair value to all […]
A Bitcoin wallet that has been numb for years has resurfaced, moving 8,000 BTC, worth about $535.64 million, after almost six years of latency. The wallet, dating back to mid-2018, transferred the holdings to multiple addresses, including a Binance deposit, when BTC crashed. Dormant Bitcoin Wallet From 2018 Moves $535 Million On June 11, during […]
Reporting and Compliance Requirements Entities issuing NFTs are now required to register their operations, with sanctions for non-compliance. Determining whether NFTs qualify as securities or virtual assets will involve consultation of South Korea’s ‘Token Securities Guidelines’ provided by the Financial Services Commission. This assessment considers the type of content held by investors, with securities legislation […]
Victoria, Seychelles, June 11th, 2024, Chainwire Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the latest offering on its PoolX staking platform: IO Net (IO). This listing marks another step forward in Bitget’s mission to provide innovative and high-yield opportunities for its users. IO Net is a decentralized computing network that […]
Polygon announced an initiative to bolster its ecosystem. For the inaugural season of its Community Grants Program (CGP), it will allocate 35 million MATIC tokens. This initiative aims to support new projects built on the Polygon and Ethereum networks. Polygon to Fund New Crypto Projects Polygon 2.0 represents the next evolution of the Polygon Layer […]
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What is Gangster Arena 2? Gangster Arena is an web3 strategy game tailored for those who prefer idle and AFK gaming where players take on the role of a mob boss with the goal of enhancing the gang’s reputation and rise through the leaderboard by recruiting gangsters, participating in gang wars, and strategically expanding influence. […]
TLDR Ethena Labs’ USDe adoption propels Ethena (ENA) to become the fourth-largest stablecoin, sparking a 40% price surge. FLOKI reaches a new all-time high with a 90% increase, boosted by a $12 million investment from DFW Labs. Milei Moneda ($MEDA) gains traction with a promising presale and potential 50x price increase. Recent developments have pushed […]
Palo Alto, California, June 11th, 2024, Chainwire Meter, a high-performance, single-state, EVM-compatible blockchain has announced a significant token burn of 30 million $MTRG tokens. The move, approved by the Meter community through a transparent governance process, aims to enhance the long-term value and stability of the Meter ecosystem. The token burn is set to take […]
Singapore City, Singapore, June 11th, 2024, Chainwire Web3 infrastructure provider SubQuery Network has announced the launch of two new RPCs for the Polkadot ecosystem. Available for Polkadot and Kusama, they are the first decentralized RPCs to be made available on the Substrate-based networks. SubQuery provides web3 infrastructure for almost 200 networks. The SubQuery Network is […]
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