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Fractal Bitcoin Launches Mainnet for Enhanced Scaling

Fractal Bitcoin Launches Mainnet for Enhanced Scaling

The team behind Fractal Bitcoin, a scaling solution for the leading cryptocurrency, has launched its mainnet. ? The Fractal Mainnet is LIVE! ? We’re thrilled to announce that Fractal’s first block has been mined, marking the beginning of a new era for scaling Bitcoin natively. ? Fractal’s genesis block carries the same message as Bitcoin’s: […]

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Former Revelo Intel CEO Transfers Company Funds to Extortionists

Former Revelo Intel CEO Transfers Company Funds to Extortionists

Nick Drakon, the former CEO of the educational and research crypto platform Revelo Intel, fell victim to an armed extortion attack. It’s been almost 4 years since I entered the crypto space as a somewhat “public figure” and my time here has been mostly fantastic. I have met hundreds of interesting and kind people, some […]

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Analyst Predicts Final Corrections Before Bitcoin Bull Run

Analyst Predicts Final Corrections Before Bitcoin Bull Run

Bitcoin is poised for “final corrections” before the onset of a two-year bullish cycle, reminiscent of 2019, according to experts. The CPI report will be crucial for the market’s trajectory. During the current rebound, Bitcoin is expected to reach $55,500 before returning to $53,000, which will serve as a launchpad for upward movement, stated analyst […]

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The Decline of DeSoc: Friend.Tech Abandons Smart Contracts and Farcaster Stagnates

The Decline of DeSoc: Friend.Tech Abandons Smart Contracts and Farcaster Stagnates

Friend.Tech developers have relinquished administration of the protocol’s smart contracts. The social platform’s revenues have plummeted catastrophically. User activity metrics in Farcaster and Lens Protocol are stagnating. Developers of the Web3 social network Friend.Tech have transferred the administration and ownership rights of the project’s smart contracts to an Ethereum burn address. Admin and ownership parameters […]

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AI Music Creator Accused of $10 Million Fraud

AI Music Creator Accused of $10 Million Fraud

A suspected fraudster allegedly earned over $10 million in royalties since 2017 by creating AI-generated songs, uploading them to streaming platforms, and artificially inflating play counts. This is according to a statement from the U.S. Attorney’s Office for the Southern District of New York. Michael Smith, a 52-year-old resident of North Carolina, is accused of […]

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Bank of Russia to Develop Legal Framework for Digital Asset Segregation

Bank of Russia to Develop Legal Framework for Digital Asset Segregation

The Bank of Russia is drafting amendments to enable the transfer of digital financial assets (DFA) into trust management and their inclusion in mutual investment funds. This was announced by the Deputy Chairman of the Central Bank, Philip Gabunia, as reported by Vedomosti. The regulator will outline a mechanism to segregate these assets from other […]

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Weekly Highlights: Cardano's Chang Hard Fork and CFTC's Fine on Uniswap Labs

Weekly Highlights: Cardano’s Chang Hard Fork and CFTC’s Fine on Uniswap Labs

The CFTC fined Uniswap Labs $175,000, Cardano underwent the Chang hard fork, experts noted the ‘death’ of the Bitcoin halving cycle, EigenLayer announced a second airdrop, and other events of the week. Bitcoin Price Tests $53,000 Level The leading cryptocurrency began the week below $58,000. On Wednesday, September 4, prices tested the $56,000 level, and […]

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Arthur Hayes Closes Bitcoin Short, Predicts Potential Rise

Arthur Hayes Closes Bitcoin Short, Predicts Potential Rise

Former BitMEX CEO Arthur Hayes announced the closure of his short position on the leading cryptocurrency, securing a 3% profit. He anticipates that bitcoin might experience an upswing in the coming week. Closed my $BTC short, made 3% profit, enough to cover my food and bar tab for KBW. With Bad Gurl Yellen watching mrkts […]

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Dormant Bitcoin Address Awakens After a Decade, Moves $2 Million

Dormant Bitcoin Address Awakens After a Decade, Moves $2 Million

A wallet inactive for over a decade has transferred 35 BTC, valued at $2 million, to a new address. Analysts at Whale Alert noted this activity. ? A dormant address containing 35 #BTC (1,990,206 USD) has just been activated after 10.5 years (worth 21,632 USD in 2014)!https://t.co/8O2payiO3Q — Whale Alert (@whale_alert) September 5, 2024 The […]

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Samson Mow Dismisses Bitcoin's Fall to $40,000 as Fear-Driven Speculation

Samson Mow Dismisses Bitcoin’s Fall to $40,000 as Fear-Driven Speculation

Bearish predictions of Bitcoin falling to $40,000 are unfounded, driven solely by irrational fear, according to JAN3 CEO Samson Mow. Can fear move the market? Sure. But it never lasts long because the fundamentals win out over time. Even the unwinding of some of the greatest frauds like FTX can’t keep price down. Down is […]

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Institutional Bulletin: Bridge Secures $58 Million, E-PAL Raises $30 Million

Institutional Bulletin: Bridge Secures $58 Million, E-PAL Raises $30 Million

The cryptocurrency industry continues to attract an increasing number of institutional players. This trend is evident in new infrastructure investments and the growing attention companies are paying to Bitcoin as an asset class. ForkLog reviews the most significant events of recent weeks. Payment Firm Bridge Raises $58 Million Web3 payment company Bridge, which is developing […]

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A Pivotal Episode of NBP: Market Cycles' End, CZ's Departure, and Trump's DeFi Venture

A Pivotal Episode of NBP: Market Cycles’ End, CZ’s Departure, and Trump’s DeFi Venture

“Should Have Bought” is a news podcast by the ForkLog editorial team covering the week’s main industry events and the hottest tokens. Topics include the “funeral” of the halving cycle, Changpeng Zhao’s exit, a peculiar DeFi project from the Trumps, and negligible airdrops. Special guest: Lead VFX Artist, NFT Programmer, and founder of 256.ART, Maxim […]

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