The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion.

A new crypto scam utilizing QR codes to trick users into authorizing wallets is spreading, according to crypto data analytics firm Bitrace. In a lengthy thread on the social media platform X, Bitrace says that the new crypto scam is deceiving traders by enticing them with alluring over-the-counter trades and rewards in the native asset […]

A widely followed crypto analyst is predicting that one Ethereum (ETH)-based altcoin will suddenly go on a parabolic rally. In a new thread, pseudonymous crypto trader Credible tells his 409,300 followers on the social media platform X that the native asset for the stablecoin-focused decentralized exchange Curve DAO (CRV) could soon double in value, catching […]

A United States appeals court has partially overturned a previous dismissal of a class-action lawsuit against Binance.US. The lawsuit accuses the cryptocurrency exchange of unlawfully manipulating the price of the HEX token. A panel of three judges from the Ninth Circuit ruled on August 12 that the plaintiff, Ryan Cox, had presented valid claims against […]

Ethereum has struggled greatly underneath the bearish pressure that has been mounted on the crypto market over the last few weeks. The ETH price suffered multiple crashes that sent it toward $2,000 once more, shattering the expectations for a new all-time high in the third quarter. However, this decline may only be short-lived as one […]

PRESS RELEASE. Singapore, August 13, 2024 – SUN.io, a leading DeFi platform on TRON, is thrilled to announce the launch of SunPump Beta, the first dedicated platform for the fair launch and trading of meme coins. SunPump offers creators an accessible, low-cost way to launch their own meme coins in a secure and user-friendly environment. […]

Can Cryptocurrency Be Converted to Cash? · Tax Implications: In India, converting cryptocurrency to cash is subject to a 30% tax on any profits. · Time …

TL;DR Tether Dismisses Celsius Lawsuit: Tether Limited calls Celsius Network’s $3.3 billion lawsuit a “baseless” and “frivolous extortion attempt,” asserting that the Bitcoin liquidation was done with Celsius’ consent. Dispute Over Bitcoin Liquidation: Celsius claims Tether wrongfully liquidated $2.4 billion worth of Bitcoin collateral in June 2022, while Tether maintains it followed Celsius’ instructions during […]

TL;DR DeFi TVL Growth: The total value locked in DeFi surged by 3.5% in July, with CORE, Scroll, and Mantle leading the gains at 121.2%, 66.0%, and 30.9% respectively. NFT Market Decline: Despite overall market growth, the NFT market saw a 7.14% drop in sales, with DMarket and DogeZuki on Solana leading the sales. Crypto […]

[PRESS RELEASE – Palo Alto, CA, August 13th, 2024] ZAN, the web3 technology brand of Ant Digital Technologies, plans to run a Sui RPC node with Mysten Labs Mysten Labs, a web3 infrastructure company and the original contributor to the Sui blockchain, today announced a partnership with ZAN, the technology brand of Ant Digital Technologies. […]

Bitcoin evangelist Saylor has shared a stunning fact on the anniversary of his big gamble

The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services.

A widely followed crypto analyst says that digital assets need looser monetary policy before moving another leg up. In a new video update, crypto strategist Benjamin Cowen tells his 806,000 YouTube subscribers the Federal Reserve needs to reverse course on its tight monetary policy before the crypto markets can take off. According to Cowen, Bitcoin […]

A new universal basic income (UBI) experiment funded by tech billionaire Sam Altman has found people who receive free money generally tend to work less. In a study titled “The Employment Effects of Guaranteed Income: Experimental Evidence From Two U.S. States,” researchers gave 1,000 low-income individuals $1,000 per month unconditionally for three years. Participants mostly […]

Hong Kong aims to attract technology talent and improve the digital infrastructure while ensuring robust regulatory oversight. Hong Kong also follows Thailand and Singapore by introducing a regulatory sandbox for digital assets. The sandbox will enable testing of crypto products in a controlled environment, enhancing sector growth. Hong Kong joins other Southeast Asian jurisdictions in […]

Metaplanet, a publicly listed Japanese investment firm, purchased an additional ¥500 million ($3.4 million) worth of bitcoin. This brings the company’s total Bitcoin holdings to 303, acquired for ¥2.95 billion ($20 million). JUST IN: 🇯🇵 Metaplanet buys another ¥500 million worth of #Bitcoin pic.twitter.com/dfGWwqNBXw — Bitcoin Magazine (@BitcoinMagazine) August 13, 2024 On August 6th, Metaplanet […]

Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a market capitalization of more than $6.6 billion. Now ranking 17th in the largest cryptocurrencies, investors and […]

The Top 4 Cryptos to Buy Right Now: Your Guide for a Crypto Windfall? Cryptocurrencies have evolved from the Wild West to mainstream marvels, making their way into every savvy investor’s portfolio. However, navigating this digital frontier can feel a bit overwhelming for newcomers. The good news is that 2024 is shaping up to be […]

Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while 14 others involved have been apprehended […]

Liquidators for failed cryptocurrency hedge fund Three Arrows Capital are seeking at least $1.3 billion from bankrupt TerraForm Labs for losses …

Hamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development.

Crypto startups attracted $2.7 billion in venture capital (VC) during the second quarter of 2024, according to PitchBook data. As reported by Bloomberg, this represents a 2.5% increase from the previous quarter but a nearly 10% decline compared to last year. Deal activity, however, fell by 12.5% from the first quarter. The digital asset market […]

Market finally regaining some momentum as price of BTC reaches $60,000

TL;DR XRP options activity surges: The $1.10 call option for XRP, expiring on August 28, leads with 4,347,000 contracts valued at $2.44 million, reflecting high market interest. Potential ETF influence: Analysts speculate that the surge in options activity may be linked to hopes for a US-based XRP ETF, especially after Ripple’s partial court victory against […]

TL;DR Digital asset investment products saw inflows of $176 million, with Ethereum leading with $155 million in inflows. Bitcoin short ETPs saw significant outflows of $16 million, reducing their assets under management to the lowest level of the year. Trading activity in exchange-traded products (ETPs) was significantly higher than usual, reaching US$19 billion in the […]

On Aug. 12, X owner Elon Musk said there appeared to be a massive distributed denial-of-service (DDOS) attack on the micro-blogging platform, “working on shutting it down.” A DDOS attack aims to disrupt a website or service by flooding the network with spurious traffic in an effort to prevent users from accessing the site. “As […]

Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest ‘digital asset fund flows weekly report,’ the asset manager revealed that last week marked a significant uptick in investor confidence, as digital asset investment products saw $176 million in inflows. According to James Butterfill, head of […]

Bernstein analysts suggest that Bitcoin’s decline is linked to Kamala Harris gaining support in polls against Donald Trump, with investors viewing a Harris administration as potentially unfavourable for crypto. The report says Harris’ rising odds on Polymarket have kept Bitcoin within a limited range, preventing it from reaching previous highs. Overall, crypto remains a sensitive […]

Solana’s DEX trading volume plummeted over 70% within a week, from US$3.3 billion to US$890 million, amid declining interest in memecoins, a decrease in network activity, and broader market uncertainty. Despite the drop in DEX volume, Solana’s TVL surged 261.5% in eight months, reaching US$4.7 billion, supported by strong performance from top protocols like Jito […]

Bybit has extended its partnership with the Dubai Multi Commodities Centre (DMCC), the cryptocurrency exchange announced today (Monday). Bybit will now transition from being a key ecosystem partner to an advisory role, a move expected to catalyze further growth in Dubai’s burgeoning crypto and Web3 sectors. Advisory Partner The newly elevated partnership, effective from August […]

A trader who continues to build his following with timely altcoin calls believes one Solana (SOL)-based memecoin is gearing up for a massive upside move. Pseudonymous analyst Bluntz tells his 268,500 followers on the social media platform X that dogwifhat (WIF) looks to be setting up to break out from a falling wedge formation. The […]

Following a monthly bearish crossover, which led to another dip, AKT posted losses and slipped under $2 after nine months of trading. It found support and entered a retracement mode at the start of the week. In continuation of the correction phase, Akash’s price broke lower last week to test $2 after initiating a fresh […]