AltSignals Blog

SolCard, the popular Solana-focused debit card platform, temporarily removed its no-KYC feature last month. The move, subtlety introduced as an upgrade, aimed to meet the reliability standards set by institutional issuers. SolCard assures users the removal is only temporary, and plans to reintroduce the non-KYC feature soon. This action, however, has sparked a discussion on the balance between regulations and privacy in crypto transactions.

NFT trading platform, SuperRare, experiences a $730,000 exploit due to a basic smart contract bug that experts argue could have been avoided with efficient testing practices. The vulnerability allowed any address to interact with the function that regulates user staking balances, resulting in a significant loss of RARE tokens. Cryptocurrency experts emphasize the critical role of comprehensive pre-deployment testing and rigorous audits in preventing such occurrences.

InternetX, a domain registrar under IONOS, plans to tokenize its portfolio of 22 million domains using D3s Doma Protocol. This move will allow traditional domains to come onchain, enabling crypto trading, fractional ownership, and Web3 applications. Distribution channels will also be expanded, with bridging to blockchain networks like Solana, Base, and Avalanche. The tokenization of domains is part of a broader trend of Real World Assets moving onto the blockchain, currently estimated at a value of $25 billion.

Tornado Cash co-founder, Roman Storm, faces charges for conspiracy to commit money laundering, violation of U.S. sanctions, and more in a highly anticipated Manhattan criminal trial. Despite his not-guilty plea, Storm is under electronic monitoring and travel restrictions as testimonies and cross-examinations bring the case to a critical point. With the defense disputing allegedly weak evidence and emotive testimonies, blockchain and legal experts have expressed views on the strategies and tactics deployed so far. This article provides a comprehensive update on the ongoing trial set to shape the future of crypto legality.

Discover the story of a $10 million physical Bitcoin bar, a Casascius Bar, that was recently redeemed. Learn about its origins, created by Mike Caldwell in the early days of Bitcoin, and understand its significance as a historical and cultural symbol despite security concerns. Explore how Casascius Bars serve as tokens of deep conviction and self-custody in a HODL-driven ecosystem, and delve into the intricacies and risk involved in their redemption process.

Crypto investor Murad Mahmudov has accumulated an impressive profit of around $68.3 million from memecoins investments. This article highlights his investment strategies, including a detailed analysis of his best-performing memecoin, SPX6900. It further discusses Mahmudov’s controversial supercycle thesis and the debate surrounding it in the crypto community.

Japanese investment company Metaplanet solidifies its spot as the top non-US Bitcoin holder with an additional purchase of 780 Bitcoins for about $92 million. This increases their total holdings to 17,132 BTC, making them the seventh largest Bitcoin treasury globally. Metaplanet also plans to leverage its Bitcoin assets to acquire other businesses, potentially including a digital bank in Japan. The firm’s progressive Bitcoin strategy has led to substantial gains in its stock price.

Survey data from the National Cryptocurrency Association reveals that one in five Americans plans to invest in cryptocurrencies by the end of the year, although many fear they may have missed their opportunity. With Bitcoin reaching a record high of over $123,000 and the passing of the pro-crypto GENIUS Act, the interest in crypto trading is increasing, despite concerns about sufficient trustworthy information.

Pudgy Penguins NFT project refutes speculation of buying OpenSea marketplace. The project emphasizes on brand partnerships with enterprises like Lufthansa and NASCAR. It stands fifth in NFT collection with $23.09 million sales in 30-days. The PENGU token also shows impressive gains over periods of 7, 14, and 30 days.