Author: Kryptonews
Vesting NFTs surged to the top of data aggregator CryptoSlam’s daily sales volume rankings on Friday, generating over $12.4 million on BNB Chain.The sharp spike placed the niche non-fungible tokens (NFTs) product ahead of legacy digital art collections like CryptoPunks and Pudgy Penguins, signaling that investors are showing interest in new forms of liquidity for vested tokens. The activity surge also made BNB Chain the top network for daily NFT sales with about $14 million, almost doubling Ethereum’s $7 million for the day. CryptoSlam data showed that UNCX Network, a decentralized service provider, operates the Vesting NFTs that surged on BNB…
Earlier today, Ethereum (ETH) slid below the psychologically important $4,000 level for the first time since August 8. The fall in ETH’s price can be attributed to a mix of macroeconomic, structural, and crypto-specific factors. Ethereum Dips Below $4,000, Analyst Explains Why According to a CryptoQuant Quicktake post by contributor Arab Chain, ETH’s latest descent below $4,000 can be blamed on a complex mix of factors. First, a strong US dollar, coupled with the Federal Reserve’s (Fed) cautious stance following its September rate cut, dampened risk appetite. Related Reading Furthermore, rising bond yields and the increasing risk of a US…
Two Texas brothers face federal kidnapping charges after holding a Minnesota family at gunpoint for nine hours while stealing $8 million in crypto, forcing local schools to cancel their homecoming football game. According to the DOJ, Raymond Christian Garcia, 23, and Isiah Angelo Garcia, 24, used an AR-15 and a shotgun to terrorize victims in their Grant, Minnesota, home on September 19.A Well-Executed Crypto HeistThe violent heist began at 7:45 am when the brothers ambushed the primary victim while taking garbage to the street. They zip-tied the man’s hands, forced him inside, and awakened his wife and adult son at…
Cipher Mining (CIFR) priced a $1.08B private offering of a 0.00% convertible senior notes due 2031, upsized from $800M initially. The notes, senior unsecured obligations, are convertible at an initial price of $16.03 per share, a 37.5% premium to Thursday’s $11.66 close. Investors may require repurchase in 2029 at par, while Cipher can redeem starting in 2028 if shares trade 30% above the conversion price. Net proceeds of $1.08B will fund capped call transactions, the Barber Lake data center buildout, and expansion of its 2.4 GW high-performance computing pipeline.The financing comes as Cipher yesterday secured a $3B AI hosting deal…
Key Highlights: Cipher Mining is upsizing its private offering of 0.00% convertible notes from $800 million to $1.1 billion, indicating a strong investor interest. The notes carry a conversion price of $16.03 per share which is about 37.5% above the last trade which was at $11.66. This offers investors flexible settlement in cash, stock or both. Cipher will use $1.08 billion to expand its data centres, HPC projects and limit stock dilutions. Cipher Mining Inc. (NASDAQ: CIFR), a leading developer and operator of large-scale industrial data centres, has completed the pricing of an increased private offering of $1.1 billion in…
Cronos, the native cryptocurrency of Crypto.com’s Cronos Chain, has faced significant selling pressure since the launch of the Trump Media Group CRO Strategy last month.On Aug. 26, Trump Media and Technology Group (TMTG), the operator of Truth Social and majority-owned by the Donald J. Trump Revocable Trust, announced a joint $6.4 billion Cronos (CRO) treasury.The announcement sparked an immediate 40% rally in CRO’s price. However, since then, the token has steadily declined, nearly erasing those gains as CRO tumbled below $0.19 on Thursday, approaching pre-announcement levels, according to CoinGecko data.Amid the price decline, many in the community have questioned demand…
Key NotesAster has reimbursed traders affected by the abnormal price movement in Aster’s XPL perpetual contract.It completed the reimbursement exercise in USDT.ASTER price is currently trading at an 11% loss, an impact of the liquidation upset. All traders who were affected by an abnormal price movement in Aster’s XPL perpetual contract have been reimbursed. The reimbursement was done in Tether’s USD-pegged stablecoin USDT. Aster did not reveal the total amount of liquidations that it compensated impacted traders for. Aster Resolves Sudden XPL Perpetual Contract Price Spike According to the decentralized perpetuals exchange, which is backed by Changpeng Zhao-linked YZi Labs,…
Vesting NFTs surged to the top of data aggregator CryptoSlam’s daily sales volume rankings on Friday, generating over $12.4 million on BNB Chain.The sharp spike placed the niche non-fungible tokens (NFTs) product ahead of legacy digital art collections like CryptoPunks and Pudgy Penguins, signaling that investors are showing interest in new forms of liquidity for vested tokens. The activity surge also pushed BNB Chain to become the number one network for daily NFT sales with about $14 million, nearly doubling Ethereum’s $7 million for the day. CryptoSlam data showed that UNCX Network, a decentralized service provider, operates the Vesting NFTs that…
Alvin Lang Sep 26, 2025 12:35 Discover how artists like Blake Kathryn and Wren Weichman are transforming immersive 3D art, pushing boundaries from digital screens to expansive physical spaces. The world of immersive and spatial 3D art is undergoing a transformative evolution, according to a panel at RenderCon 2025. Artists like Blake Kathryn, Wren Weichman, Annibale Siconolfi, and Alex Ness are pioneering the future of art by expanding it beyond traditional screens and into entire environments. Blurring the Line Between Art and Environment Blake Kathryn, known for her surrealist digital art, discussed the…
UK Finance, a trade association representing over 300 financial services firms in the United Kingdom, has launched a joint pilot project for tokenized sterling deposits (GBTD).The trade group began the pilot phase for the tokenized deposits project, which aims to provide a digital representation of traditional British pound commercial bank money, it announced on Friday.The pilot was launched in collaboration with six major banks operating in the UK, including Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide and Santander.UK Finance plans to run the pilot until mid-2026 and aims to explore benefits to customers, businesses and the UK economy, targeting greater…
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