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Pro-Khalistan slogans raised at event attended by Canadian PM Justin Trudeau
short by Shalini ojha / on Monday, 29 April, 2024
Pro-Khalistan slogans were raised at a Khalsa Day event attended by Canadian PM Justin Trudeau in Toronto on Sunday. Slogans of "Khalistan Zindabad" were purportedly raised. A similar instance also occurred when the leader of the official opposition of Canada, Pierre Poilievre, walked up to the stage to begin his address to the people gathered at the event.
read more at ANI News
Marathon Digital to double its Bitcoin mining capacity this year
short by Abhinav Rattan / on Monday, 29 April, 2024
Bitcoin miner Marathon Digital says it will double mining capacity in 2024. Wasabi Wallet leaves US market amid crackdown. Movement Labs raises $38 million in funding round. Marathon said it is revising its 2024 hash rate target from 35-37 EH/s to 50 EH/s, which would represent a 100% increase for the fiscal year.
read more at DL News
Franklin Templeton’s $380m token just for institutional investors
short by Abhinav Rattan / on Monday, 29 April, 2024
The tokenisation push is heating up. Franklin Templeton has enabled peer-to-peer transfer of BENJI tokens. The tokens represent shares in a $380 million money market fund. It is the latest move in a push to bring traditional assets onto public blockchains. Moody's Ratings is one of several firms closely watching the nascent tokenisation sector.
read more at DL News
Some Bitcoin mining shares make gains in week after halving
short by Abhinav Rattan / on Monday, 29 April, 2024
Despite slashed rewards, some Bitcoin mining stocks rose during week following the halving. US senators say crypto being used to pay for child abuse material. Eminem touts Crypto.com in X social media advertisement. Bitcoin was down 1.36% on Saturday at $62,874.90. Ethereum was down 0.57% at $3,112.18.
read more at DL News
Layoffs hit Bored Apes creator: ‘Yuga lost its way,’ CEO says
short by Abhinav Rattan / on Monday, 29 April, 2024
Yuga Labs CEO announced a round of layoffs Friday. The company has "lost its way," he told employees in an email. Yuga Labs' marquee product, the Bored Ape NFT collection, has steadily declined in value since its high in 2022. When Yuga raised $450 million in 2022, the company was profiting from royalties on secondary sales of Bored Apes.
read more at DL News
US rejected 31% of MDH products in six months: Report
short by Rajaneesh / on Monday, 29 April, 2024
After Hong Kong and Singapore, the USA also seems to have not allowed MDH spice products into its country. According to a news report, nearly 31 percent of MDH products have been rejected by US customs authorities over the last six months since October because of salmonella contamination. The report said they were refused over salmonella contamination.
read more at thefederal.com
Airdrop frenzy drives Zircuit’s $2.5bn in deposits
short by Abhinav Rattan / on Monday, 29 April, 2024
Airdrop hopefuls continue to farm tokenless projects. Crypto farming activity is driving investor deposits. Airdrop farmers are not swayed by project teams' attempts to deny the possibility of token distributions. While tokenless projects like LayerZero have assured users of future airdrops, others like EigenLayer have been coy in committing to possible token distribution events.
read more at DL News
5 charts show crypto’s ‘seismic shift’ since Bitcoin ETF surge
short by Abhinav Rattan / on Monday, 29 April, 2024
Bitcoin ETFs have generated new demand for the cryptocurrency. It's more than just a rally in price, according to Chainalysis. Comparisons to gold, a boom in onchain activity, and whale-sized purchases are among notable developments. Exchange-traded funds offer investors a way to buy Bitcoin through their brokerage accounts like they would Google or Apple stock.
read more at DL News
Ethereum is failing to keep up with Bitcoin, Solana could benefit
short by Abhinav Rattan / on Monday, 29 April, 2024
Ethereum's price in Bitcoin hit a multi-year low in April. Several factors suggest that the gap between the two could become more pronounced. Investors are losing their faith in Ethereum as the cryptocurrency continuously fails to keep pace with Bitcoin's outsized gains. And things could get worse for the world's biggest altcoin.
read more at DL News
Bitcoin maxis will save crypto rally from Mt. Gox’s $9bn sell-off
short by Abhinav Rattan / on Monday, 29 April, 2024
Even 10 years after its collapse, Mt. Gox is still haunting the crypto market. Around $9.2 billion in Bitcoin could hit the market within the next six months in Mt. Gox repayments. While that's great news for creditors, the huge payouts threaten the crypto rally. Bitcoin maxis could, however, soften the crash.
read more at DL News
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