TL;DR New Platform Launch: Solana-based protocol Dumpy.fun is launching squeezy.lol on August 27, 2024, allowing traders to take long positions on heavily shorted memecoins. Squeeze Explorer Feature: Squeezy.lol introduces a “squeeze explorer” to identify the most heavily shorted memecoins, potentially triggering short squeezes. Market Impact: The memecoin market, valued at $40 billion, could see significant […]

TL;DR Regulatory Hurdles: Experts doubt the approval of a Solana ETF in the U.S. due to stringent SEC regulations and concerns over market manipulation. Political Influence: Bloomberg analyst Eric Balchunas believes a Solana ETF has “a snowball’s chance in hell” of approval without a change in political leadership. Trump Factor: Analysts suggest that a Trump […]

In the world of cryptocurrency, where fortunes can be made or lost in a matter of hours, whales—those with the financial clout to influence …

The company is currently focused on B2B, but there are countless potential applications for consumers.

Amid market indecisiveness, Matic increased by 7% today following a steady increase in the past few days. While the bulls show signs of commitment, it is important to note that the trend is still bearish. The last five months of drops saw Matic through an 80% correction as the price reset to a low of […]

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A widely followed crypto strategist believes that Bitcoin (BTC) is repeating its early 2020 recovery when it crashed by over 50% in one week before rallying to new highs. Pseudonymous analyst The Crypto Dog tells his 811,100 followers on the social media platform X that there’s a good chance Bitcoin is on the verge of […]

The world’s largest crypto exchange by volume and its founder are being named as defendants in a new money laundering lawsuit. According to a new class action, Binance willfully neglected to register itself with the proper authorities and failed to maintain adequate anti-money laundering protocols as a means of earning profits from the US markets. […]

[PRESS RELEASE – Singapore, Singapore, August 21st, 2024] Lavarage, a leading DeFi spot margin trading platform, has announced the launch of its Tephra Points Program, a dynamic initiative designed to reward users for activities such as trading, staking, and community engagement. Introducing Lavarage Lavarage is a pioneering decentralized spot margin trading platform, specializing in a […]

As bitcoin hovers just below the $60,000 mark, two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC, valued at $20.3 million at today’s rates. 2 Vintage Bitcoin Wallets Suddenly Awaken, Moving $20.3 Million On Wednesday, a bitcoin wallet that had been inactive since Aug. 18, 2014—almost […]

Gryphon Digital Mining, Inc. (NASDAQ: GRYP) has taken a big step in lowering its power costs by acquiring Bitcoin mining operations in Louisiana that leverage ultra low-cost electricity at approximately $0.01 per kilowatt hour (kWh).  Gryphon Acquires Ultra Low-Cost Power Mining Operations at ~$0.01/kWh. Key highlights include: • Ultra-low cost of ~ 1 cent per […]

Brazil has approved its second spot Solana exchange-traded fund, leaving the US behind in terms of crypto adoption. Despite VanEck’s and 21Shares’ hopes for a US-based Solana ETF, recent developments could support such an investment vehicle in 2024. Senior analyst Eric Balchunas believes a leadership change could change the game’s course. Brazil is not holding […]

Cryptocurrency-related crime is evolving in 2024, with hackers increasingly targeting centralized exchanges and ransomware attacks reaching new heights, according to a mid-year report from blockchain analytics firm Chainalysis. Crypto Crime Trends Shift as Hackers Target Exchanges While overall illicit activity on blockchain networks has dropped by nearly 20% year-to-date, two categories have bucked the trend: […]

Bitcoin crashed below $50,000 on August 5 in a sudden dip that saw many positions liquidated in the crypto market. This sudden dip, which cascaded into other cryptocurrencies, took the market by surprise. As such, Bitcoin fell to its lowest price in six months, and many other altcoins followed suit. Although Bitcoin has since recovered […]

ADA price is up today as investors show excitement over Cardano’s upcoming hard fork.

The ultimate goal of the attack is to deploy cryptocurrency miners to exploit system resources. The PG_MEM malware employs a multi-stage attack flow …

TL;DR A phishing attack resulted in the loss of $55 million in crypto assets from a “whale” wallet. The victim signed an unverified transaction that transferred ownership of their funds to a malicious address. In the first half of 2024, phishing attacks in the crypto space caused losses of close to $500 million. The cryptocurrency […]

TL;DR Bitcoin whale activity has decreased significantly, raising concerns in the market. Capital outflows from key BTC addresses have intensified selling pressure. The market is facing a demand shock that could hinder price recovery. The price of Bitcoin (BTC) has seen marked weakness in recent weeks, struggling to hold onto its $60,000 range. This fall […]

Bitcoin wallet had been inactive for 10.7 years

5 Best Cryptos to Buy During a Market Downturn — BlockDAG, Bitcoin, Ethereum, Binance Coin, & Solana The cryptocurrency market has experienced a significant decline, with its total market capitalization shrinking from $2.51 trillion in May 2024 to $1.95 trillion by August 2024, and trading volume decreasing by 13.13%. Despite these setbacks, BlockDAG, Bitcoin, Ethereum, […]

Following the cycle low in November 2022, capital has progressively shifted towards the leading cryptocurrencies at the top of the digital asset risk curve. Bitcoin, for one, has seen its dominance expand once again as a certain cohort of holders continued to support the growth. However, the same cannot be said for other crypto assets. […]

Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its introduction in April. While the U.S. dollar remains the dominant currency for most citizens, the ZIG is used for 40% of payments and 80% of government transactions. The government aims to eventually replace the U.S. dollar with the ZIG as the […]

The publicly listed Bitcoin (BTC) miner from Wall Street, Core Scientific (NASDAQ: CORZ), has repaid $267 million in debt using proceeds from its recently closed convertible senior notes offering. Core Scientific Pays Down $267 Million in Debt The debt repayment includes $150 million in secured notes, $61 million from an exit facility, and $56 million […]

Dogecoin (DOGE), the largest memecoin by market capitalization, recently received acknowledgment from Tesla’s CEO on X. Elon Musk’s post sparked a frenzy among crypto investors and the DOGE community, reflecting on the token’s price. Following the recent surge, some analysts believe it’s only a matter of time before a major breakout. Elon Musk Excites The […]

The “jaredfromsubway.eth” MEV bot appears to have relaunched with a better arsenal for carrying out attacks.

More than 80% of short-term Bitcoin holders are currently losing money on their BTC positions, according to a popular on-chain analyst. The pseudonymous on-chain sleuth known as Checkmate tells his 97,000 followers on the social media platform X that the short-term holder (STH) metric looks similar to charts in 2018, 2019 and mid-2021, all of […]

Polymarket’s election odds have shifted significantly in the past few days: Harris was up by 10 points less than a week ago, but now trails Trump by 4 points. The cause of the shift isn’t clear, but it could be down to the Democrats’ crypto snub in their official policy platform and Harris’ reported embrace […]

Critical Support Holds Strong: Bitcoin’s critical weekly support at $58,000 remains solid as it re-enters the $60,000 zone. Despite recent volatility, this level continues to hold firm through multiple tests. Powell the Disruptor: Jerome Powell is set to address the market on Friday, with potential impacts expected. A 0.25% rate cut in September has a […]

The cryptocurrency market is a complex ecosystem influenced by a myriad of factors ranging from global economic trends to technological …

Famous philosopher Harari has referred to Bitcoin as art form and shared his take on AI

TL;DR Vitalik Buterin advocates for a cryptocurrency governance model that combines plurality and control. Note that the tension between freedom and control also manifests itself in other technologies and policies. Proposes multifactorial approaches to solve complex problems such as voting and universal basic income (UBI). Vitalik Buterin, the creator of Ethereum, has shared his thoughts […]

Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin Magazine.  Ledn and @sygnumofficial Just Made History! 🎉 Sygnum Bank issued the industry's first Syndicated BTC-backed $50M (USD) […]