Author: News Room

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Sunshine pool to provide fair opportunities for more participants to get allocationsVictoria, Seychelles 7 Apr 2023 – Bitget, the leading crypto derivatives exchange and copy trading platform, has announced a new round of launchpad listing featuring GoSleep (ZZZ), the leading Web3 sleep and healthy living reward app on Arbitrum. The launchpad tickets for ZZZ token will be allocated on Apr 17, with the deposit period starting on Apr 10. In this round of launchpad, Bitget has also introduced the sunshine pool, which is specially designed to provide…

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Friday April 7, 2023 – The Vote-to-Earn meme coin Love Hate Inu ($LHINU) has appointed Carl Dawkins, known for his success with Tamadoge, as CEO after raising $3 million in just over three weeks.Dawkins is well known in the meme coin world for his exploits with Tamadoge (TAMA), the successful meme-infused gaming platform.The TAMA token leaped from its initial presale price of $0.01 to an all-time intraday high of $0.173 – a 1,629% gain or 16x. It gained 10x from the exchange list price to an all-time high.He aims to repeat that coin launch achievement with $LHINU. “I’m here to beat…

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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Legal newsSouth Korean prosecutors identified $314.2 million in illicit assets associated with Terraform Labs co-founder Do Kwon and his associates, out of which $69 million is directly linked to Kwon. He, however, converted most of the illicit funds into Bitcoin using overseas crypto exchanges, KBS reported, so the assets tied to him are not recoverable or under South Korean jurisdiction.Major US online trading platform Robinhood “will pay up to $10.2 million in penalties for operational and technical failures that…

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Global crypto adoption continues to ramp up, with reports estimating that over 420 million people worldwide now own digital currencies. This level of adoption means an abundance of items can be purchased online using popular coins like Bitcoin – a process that brings a whole host of benefits. With that in mind, this guide discusses what you can buy with Bitcoin in 2023. We’ll explore an array of items and services you can purchase online using BTC (and other cryptos) before highlighting the cheapest and safest platform for making crypto-based purchases.The 10 Best Things You Can Buy with Bitcoin in 2023Those…

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Popular layer-1 blockchain Solana has unveiled a new solution that will dramatically decrease the cost of storing data on-chain.In a Thursday blog post, Solana Foundation tech lead Jon Wong said the “state compression” technology would bring down the cost of minting 1 million non-fungible tokens (NFTs) on the network to around 4 SOL, or $110. In comparison, it currently costs roughly 1,200 SOL (more than $24,000) to store 1 million NFTs on the Solana blockchain. “After numerous phases of development, adoption, and rollout, compressed NFTs are live on Solana’s mainnet-beta and powering the next wave of novel on-chain product experiences,” Wong said.He called…

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Web3 recruitment marketplace DeeLance is gaining massive traction for its mission to shake up the industry as it trends on social media.Launching its presale only last week, decentralized hiring platform DeeLance has started trending on Twitter in India.The hashtag #DeeLanceCoin was at No.3 on Twitter in a country of 1.4 billion people.India’s fast-growing economy and young, aspirational middle class make it an ideal market for gig economy platforms such as Deelance.DeeLance Expected to be a Hit In IndianWith hundreds of thousands of graduates coming into the labor market every year, there is strong competition in the Indian jobs market. Web3 recruitment…

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Shiba Inu (SHIB), the world’s second-largest dog-inspired meme coin with a market capitalization of close to $6.5 billion, was last changing hands close to $0.000011 per token, broadly flat on the day.Trade in cryptocurrency markets on Friday has been subdued with most traditional financial markets in Europe and the Americas closed for Good Friday.The just released US labor market report for March was mostly in line with expectations, thus failing to trigger any meaningful breakouts in the crypto market.For now, Shiba Inu is holding up despite sell pressure in rival memecoin Dogecoin, which was triggered by Twitter removing the Dogecoin…

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Despite an unexpected banking crisis that had reverberations across markets and the broader global economy, equities ended the first quarter of the year on a positive note last Friday. But the first week of trading of the second quarter got off to a rocky start, forcing us to recalibrate our approach to the market. For starters, the S & P 500 Short Range Oscillator flipped to overbought territory for the start of the quarter, giving us an opportunity to scale back some of our positions and raise cash. But as the week progressed, stocks came under pressure amid signs the…

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