Polygon Labs to cut 19% of staff

Polygon announced that it laid off 19% of its workforce, or 60 employees, in a blog post on Thursday. The post, written by CEO Marc Boiron, said that the decision to lay off staff stems from the compa...

BONK slumps by 8% in 24 hours: Time for bears to emerge?

BONK’s price declined massively over the last few days. Social volume and sentiment around the token declined. Bonk [BONK] saw a large surge in popularity and price over the last few months. However, ...

Pundit Makes a Case for Shiba Inu Rise to $0.01 Citing $405 Trillion Market Cap Asset on Coinbase

A renowned figure in the Shiba Inu community has argued the reality of SHIB’s ascent to $0.01 by citing a similar project with a fictitious $405 trillion market cap on Coinbase. The Case for Shiba Inu...

USDT Issuer Tether Achieves Whopping $2.9B Net Profit in Q4 2023

A total of $5.4 billion is now in Tether’s surplus reserves, an increase of $2.2 billion. This is according to its latest attestation report by global auditing company BDO. Tether, the issuer of the U...

A new take on Proof of Work

Welcome to my new weekly column, Core Corner. This feature is focused on Core Blockchain (XCB), a layer-1 ecosystem attempting to reshape the decentralized digital landscape. Last year, I met with the...

Can AggLayer Save Struggling Polygon (MATIC) Price?

The Polygon (MATIC) price has fallen under a long-term resistance trend line since its all-time high in December 2021. MATIC also follows a short-term resistance trend line but trades above a horizont...

News for Bonk, Pepe and Rebel Satoshi

SPONSORED POST* TLDR BONK’s market cap surpasses the $1-billion mark and is rated as one of the best cryptos to invest in. PEPE has gotten analysts torn between a bullish and a bearish future due to r...

Harnessing AI Tools for Enhanced Efficiency and Client Education

A: The first step in adopting generative AI in your practice is to educate yourself and your team about its capabilities and limitations. Several courses available today cover the basics. Introductory...

Stolen XRP Tokens Frozen by Binance: What’s Next?

Contents Ongoing support and vigilance  This year’s biggest hack so far   In response to a recent security exploit involving Ripple co-founder Chris Larsen, Binance, one of the world’s lea...

Stride Launches Liquid Staking Token For Celestia

Cosmos-based liquid staking protocol will airdrop $18M worth of STRIDE tokens over five months to early adopters of stTIA. Stride, the leading liquid staking protocol in the Cosmos ecosystem, has adde...

I Moved to El Salvador; Ask Me Anything

Last year, I planned a hike through El Boquerón, a national park atop the San Salvador Volcano that features a scenic crater, as well as a tiny crater within that crater called Boqueroncito (”Little B...

NuggetRush Draws Major Investment, Outshining Bonk and Conflux in Market Capitalization

TLDR BONK is now trading well below its December-2023 highs. Conflux (CFX) will partner with BlockBooster to increase DeFi services in China. NuggetRush’s (NUGX) presale has raised over $2 million sin...

India’s interim budget silent on digital asset tax reforms; announces ‘golden era for tech-savvy youth’

India’s finance minister, Nirmala Sitharaman, remained silent on requests from the digital asset industry to lower taxation as she presented the Budget 2024-25 on February 1 in Parliament. While this ...

THORChain Proposes Burning $300m Rune Boost Lending

Developers of THORChain have unveiled a community proposal to burn around $300 million worth of RUNE tokens to boost lending activity. In a community proposal published on Jan. 30, the THORChain devel...

Andrew Tate net worth 2024: How did King Cobra get rich? (A Case Study)

Explore the impressive net worth of Andrew Tate, the distinguished entrepreneur, kickboxing champion, and social media influencer. Andrew Tate is a well-known person in the sports, entertainment, and ...

Squid Announces $4M Strategic Funding for Expansion into More Chains

Coinspeaker Squid Announces $4M Strategic Funding for Expansion into More Chains Cross-chain infrastructure firm Squid has announced it raised $4 million in strategic funding to support its plan for e...

Celsius Network Distributes $3 Billion to Creditors Following Chapter 11 Resolution

Celsius Network has announced emerging from bankruptcy, concluding an eighteen-month process with the confirmation of its plan of reorganization. The agreement includes the distribution of a $3 billio...

Solana transaction volume hit multi-year high in January

Transaction volume on the Solana network crossed $1 trillion in January, a multi-year high. According to The Block’s dashboard, transaction volume is up 30% from December 2023, at $738.8 billion. Onli...

Have Ripple’s latest moves affected XRP negatively?

Ripple stirs the market with XRP dumps. XRP lost over 5% with consecutive declines.  According to data by Whale Alert, Ripple transferred 46,340,000 XRP to an unknown wallet on the 30th of January, am...

Buterin Quiet As Pressure Grows Over Gatecoin Hack

Ethereum founder Vitalik Buterin is facing escalating scrutiny over alleged links between himself, the Ethereum Foundation and the colossal $450 million Gatecoin hack of 2016. The controversy, first i...

XRP Army Questions 3-Month Price Slump, But Remains Optimistic

The XRP community has expressed concern about the asset’s recent price performance but remains hopeful of a recovery in the coming months. Since the final quarter of the past year, the price of XRP ha...

TRON (TRX) Price Prediction 2024, 2025, 2026-2030 

Bullish TRX price prediction for 2024 is $0.12370 to $0.14813. TRON (TRX) price might reach $0.15 soon. Bearish TRX price prediction for 2024 is $0.08471. In this TRON (TRX) price prediction 2024, 202...

Ripple Founder Larsen Loses $112M in XRP to Hackers

Chris Larsen, the billionaire co-founder and chairman of fintech firm Ripple, fell victim to hackers who drained over $112 million worth of XRP from his personal cryptocurrency accounts. The stolen fu...

XRP Price Poised For Liftoff? Whale Holdings Soar Despite Ripple Hack

In a recent turn of events, Ripple faced a significant security breach resulting in the loss of $112 million worth of XRP. Despite this setback, the cryptocurrency community has witnessed remarkable r...

the Q4 2023 report shows stellar profits

Tether, the company that issues and manages the USDT stablecoin, released its fourth quarter 2023 assurance report yesterday, which analyzes the company’s financial performance and breaks down the ass...

3 Key Price Levels to Watch

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is i...

Polygon Labs Cuts 60 Team Members and Spins-Off Two Units

Founder Sandeep Nailwal said move was necessary to take company back to its “underdog” roots. Polygon Labs, which develops an ecosystem of blockchains, today announced it is cutting team m...

Top 10 DeFi Altcoins Developers Focused on in January Revealed

In its latest report, cryptocurrency analysis company Santiment shared a list of the DeFi altcoins that developers focused on most in January 2024. According to data, Osmosis (OSMO), Radix (EXRD) and ...

SatoshiVM Dumps Millions, Sending Price into Freefall; $GFOX ICO Tipped as Best of 2024

Navigating the volatile crypto landscape requires strategic skills and a keen eye for emerging opportunities. Here we examine the calculated maneuvers of a trader exploiting SatoshiVM’s token launch a...

Matthew Dixon Predicts Ripple’s Price Rebound; Polygon and Meme Moguls Set for Gains

Matthew Dixon, the CEO of Evai, a crypto ratings platform, has predicted that Ripple would rise in the coming weeks after a bearish season. Similarly, analysts have predicted a massive price increase ...

Biden administration meets 90-day artificial intelligence milestones

The Biden administration’s key actions around artificial intelligence (AI) outlined in its executive order have reached the 90-day deadline that the administration put in place for the actions to come...

Hong Kong Privacy Watchdog Raids Worldcoin Offices

Worldcoin runs into trouble in Hong Kong as the privacy watchdog launches an investigation raid into the project’s offices. The raid is connected to a just-launched investigation into the project. The...