Sonic token price has defended its yearly low at $0.22 under oversold conditions, setting the stage for a potential bullish rotation. A reclaim of the $0.26 resistance would confirm a failed auction and open the door for further upside. Summary Bulls successfully defended the yearly low at $0.22. A reclaim of $0.26 would confirm a…
Web3 protocol KGeN has raised millions in a recent funding round, aimed at supporting and expanding its operations. Summary KGeN secured $13.5 million in a new strategic round led by Jump Crypto, Accel, and Prosus Ventures, bringing total funding to $43.5 million. The funds will support the expansion of its Verified Distribution Protocol, infrastructure stack,…
Flock.io took part in a UNDP-hosted High-Level Strategic Dialogue on Blockchain for Sustainable Development at the United Nations Headquarters in New York City. Summary The event explored the potential of blockchain to advance the UN Sustainable Development Goals (SDGs) and discussed future collaborations, including a possible Blockchain Advisory Group. Flock.io was the only decentralized AI…
zondacrypto CEO criticizes Poland’s Crypto-Asset Market bill, calling it a ‘prime example of overregulation’ that could lead to the criminalization of basic crypto activities from service providers. Summary Poland’s proposed Crypto-Asset Market Act introduces strict licensing requirements and harsh penalties for crypto firms, drawing criticism from industry leaders. zondacrypto CEO Przemysław Kral argues the bill…
Republic will tokenize Animoca Brands’ equity on Solana, opening global access to the Web3 giant’s private shares. Summary Republic will tokenize equity in Animoca Brands, allowing global investors to trade shares of the unlisted Web3 giant on its regulated platform. Solana was chosen as the tokenization platform due to its speed, scalability, and growing institutional…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The EU’s Markets in Crypto-Assets Regulation, or MiCA, has been heralded as a breakthrough: finally, one rulebook for all 27 member states. On paper, it’s a milestone that promises to end years…
BNB price has reclaimed the $1,000 support level as investors bought the recent dip amid new bullish developments surrounding the token. But can it reach a new all-time high as it continues trading within a bullish continuation pattern on the daily chart? Summary BNB price reclaimed the $1,000 support on Monday. The token is trading…
Chinese national Zhimin Qian has been convicted of illegally acquiring and possessing 61,000 BTC after five years of allegedly ‘evading justice.’ The woman has been known as the goddess of wealth in China due to her crypto-related schemes. Summary Chinese national Zhimin Qian, also known as Yadi Zhang, pleaded guilty to illegally acquiring and possessing…
The crypto market climbed on Sept. 30 as Bitcoin, Ethereum, and BNB posted gains, fueled by institutional inflows and fresh policy momentum. Summary Market cap climbed 1.4% to $4T with $173B volume. Bitcoin, Ethereum ETFs saw $1B in combined inflows. SWIFT, SEC, and CFTC updates boosted global sentiment. The crypto market’s total capitalization climbed 1.4%…
Starknet, the ZK-proof layer-2 solution for Ethereum, has rolled out Bitcoin staking on its mainnet, allowing BTC holders to participate in network consensus and earn rewards. Summary Starknet has launched native Bitcoin staking on its mainnet, becoming the first Layer 2 to offer trustless BTC staking with full asset custody. The rollout is supported by…
