Dogecoin Foundation announces release of GigaWallet v1.0
The Dogecoin Foundation has announced the development of the meme coin, which is a very important step for the use of the meme coin on online platforms and social media.
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The fifth richest Bitcoin whale transfers over $6B BTC
Blockchain analytics firm Arkham Intelligence announced that it discovered a large Bitcoin transfer two days ago. Arkham stated that $6 billion in Bitcoin was transferred from a wallet that had not moved since 2019 to other wallets on Saturday evening.
The meme coin frenzy is turning to the Base network: 480% increase
The meme coin frenzy seen on the Solana network in recent months seems to have spread to the Base network developed and supported by Coinbase. The total value of meme coins on the Ethereum layer 2 network has increased 480% in the last 24 hours and surpassed $1 billion.
Solana trader turns $35000 into $9 million in 2 hours
On the Solana chain, the “games” of making big profits on meme coins continue without decreasing. Finally, a trader increased his $35,000 investment to $8.9 million in less than 2 hours. In the last 24 hours, there has been a huge increase in cat-themed meme coins.
Grayscale continues to sell big in Bitcoin spot ETFs: Fidelity closes the gap
Bitcoin spot ETFs, which closed all 5 trading days last week in the negative, spent yesterday uninspiring despite the rise in Bitcoin surpassing $70,000. ETFs completed the day with a net investment of $15.7 million, while Grayscale saw an outflow of $350 million. The net investment of $261 million in Fidelity turned the bad figure of the day into a positive.
Ripple addresses SEC’s sudden request for $2 billion
The response to the US Securities and Exchange Commission’s (SEC) request for a $ 2 billion fine from Ripple was not delayed.
We need to regulate crypto market, not ban it, says Russian Finance Minister
Russian Finance Minister Anton Siluanov stated that cryptocurrencies should not be banned and should be regulated. Speaking to the country’s official news agency Tass, the minister said, “I am sure that (the ministry) and the Central Bank will come to an agreement”
Detained Binance executive escapes from custody in Nigeria
In the tax evasion investigation in Nigeria, which resulted in the detention of some Binance executives in recent weeks, it was stated that a exchange executive escaped from the country. It was stated that Nigerian authorities opened an investigation into how the manager, who apparently escaped with a fake passport, obtained these documents. It was reported that the Binance manager escaped after going to a mosque for Friday prayers accompanied by staff.
Binance Labs invests in StakeStone to support Omnichain liquidity distribution network
Binance Labs, the venture arm of Binance, which has recently invested in many start-up projects, announced its investment in StakeStone, a Singapore-based company. The founder of the company, which provides Ethereum restaking services, also stated that they are doing research for restaking services in Bitcoin.
Crypto funds see $942 million outflow, ending 7-week run
Cryptocurrency funds closed last week in the negative for the first time after a total investment of $12.3 billion in 7 weeks. While net $942 million came out of the funds, Grayscale was again in the lead in this regard. The company’s weekly sell-off reached $2 billion.