On-chain data suggests that some Ethereum whales might be jumping off the bandwagon amidst the ongoing tug-of-war between bulls and bears. This phenomenon has become increasingly evident as transaction data from whale trackers reveals a significant uptick in whale activity over the past 24 hours. The majority of these transactions are directed towards various crypto […]
The Wisconsin Department of Financial Institutions is launching a new scam tracker based on consumer complaints to protect investors from crypto and investment fraud.
Russia on July 30 passed a law that will allow businesses to use cryptocurrencies in international trade, as the Kremlin seeks ways to circumvent …
The Department of Motor Vehicles (DMV) for the most populous state in the US is placing its vast and complex vehicle registration system on the blockchain. According to a new announcement from Ava Labs, the development firm behind Avalanche (AVAX) the State of California is using the chain to update its title transfer system. “What […]
Authorities in Hong Kong have arrested four people for allegedly defrauding victims out of cryptocurrency worth approximately $1.4 million using counterfeit cash. According to a South China Morning Post report, Hong Kong police have apprehended four people aged between 14 and 39 suspected of conspiring to defraud while possessing 5,000 counterfeit Hong Kong dollar (HK$) […]
TL;DR US Political Climate and Crypto Market Price Pressure: The approval of spot Bitcoin ETFs initially boosted Bitcoin’s price in the US. However, recent political developments, including a divide between parties on crypto issues, have negatively impacted bullish sentiment. Senator Elizabeth Warren’s Influence: Republican Senator Cynthia Lummis expressed concern about the Biden administration’s approach to […]
TL;DR Explosive Growth on Solana: PayPal’s PYUSD stablecoin has seen remarkable growth on the Solana blockchain since its May launch. However, it still holds a relatively small market share compared to other stablecoins. Distribution Breakdown: Solana-based PYUSD stablecoins have experienced a 230% increase in total circulating supply over the past 30 days, reaching nearly $252 […]
Nine years ago, Ethereum made history with the mining of its genesis block, ushering in a new era of digital currency with the world’s first ETH tokens. Since then, Ethereum has evolved into the cornerstone of a thriving decentralized finance ecosystem, pioneering innovations that are reshaping the future of finance. Nine years ago, the ethereum […]
Fairshake, a pro-crypto and blockchain Super PAC, has now outraised all other Super PACs in the United States heading into the 2024 federal elections. The interest group’s success reflects crypto’s surging role in U.S. politics, which has culminated in vocal support from politicians aiming to protect the industry’s interests. Fairshake PAC Raises $202 Million According […]
The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage investments in bogus crypto trading schemes, and then steal funds. Victims often face additional scams, such as fraud-recovery […]
Popular meme cryptocurrency SHIB shows stunning rise in this key metric overnight
After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that as of Tuesday, 59,000 of Mt. Gox’s 142,000 BTC had already been distributed to creditors via the Kraken and Bitstamp exchanges, with another 79,600 BTC to […]
Has AI Already Changed Gaming Forever? My Neighbor Alice Season 1 Beta Goes Live The post Telegram Game ‘Hamster Kombat’ Hits 300 Million Players, Reveals Token Allocation Plans appeared first on Crypto News Australia.
The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from.
An original Ethereum investor has suddenly moved millions of dollars of ETH after remaining inactive for years, according to blockchain tracking firm Lookonchain. Lookonchain notes that the whale participated in Ethereum’s 2014 initial coin offering (ICO) when they received 2,000 ETH, currently worth about $6.7 million. According to the firm, the whale just moved more […]
“Scammers are in the shadows using the public's interest in crypto assets to take advantage of the most vulnerable Wisconsinites,” said DFI Secretary …
Regardless of both their maturity in the market, Bitcoin and Ethereum rivalry persists. According to recent insights from QCP Capital, a global digital asset trading firm and market maker, Ethereum appears to have now shown potential for larger price fluctuations compared to Bitcoin. QCP reveals that the volatility premium between these two major cryptocurrencies has seen […]
Sol is significantly up weekly, but it appears to have reached an exhaustion point after breaking through several resistance in the past weeks. The price is currently down following a 2% loss overnight. Two weeks ago, Sol’s price broke out of a four-month resistance line following a monthly bounce off the key $120 support level. […]
21Shares – which is part of 21Shares AG – has announced the integration of Chainlink Proof of Reserve on the Ethereum mainnet. It improves the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (CETH), which is physically backed by Ether and tracks its performance. The Zurich-based financial institution said that the latest […]
PRESS RELEASE. Nova Chain continues to make significant strides in the blockchain and digital content creation landscape. Our recent developments highlight our commitment to innovation and growth, particularly in AI integration, regional expansion, and forging strategic partnerships. AI On-Chain: Leading the Way Nova Chain is at the forefront of integrating AI on-chain, enhancing the efficiency […]
Silk Road-related wallet saw enormous $2 billion transfer in last 24 hours
TL;DR Proposal Cancellation: Compound Finance defused a contentious “governance attack” by reaching a settlement with crypto whale Humpy and his Golden Boys group. Yield-Bearing Staking Program: Instead of goldCOMP, a new staking product will distribute 30% of existing and new market reserves annually to staked COMP holders. Market Impact and Challenges: News of the settlement […]
TL;DR Lava Network launches public mainnet with support for Filecoin, Starknet, and Cosmos, and a $2 million incentive fund. Token strategy with a broader distribution and a Dex-first approach instead of the traditional “CEX-first” model. Lava solves reliability and speed issues when interacting with blockchains, offering a robust infrastructure. Lava Network has taken a major […]
Independent presidential candidate Robert F. Kennedy wants the US government to buy and hold Bitcoin (BTC) as a “strategic asset.” If elected, Kennedy says he’ll sign an executive order on his first day in office directing the U.S. Department of Justice (DOJ) and the Marshals Service to transfer the approximately 200,000 BTC in their possession […]
DeFi network Radix has unveiled a new tool that makes onboarding fun, with the help of ‘Monument Valley’ creators ustwo. Jul 30, 2024 4 min read Image: Radix Onboarding new users to Web3 platforms can be challenging; even experienced crypto users can find the process of getting to grips with the unique quirks of decentralized […]
ETH price failed to crack the $3,400 resistance level, as spot Ethereum ETFs are seeing more outflows largely due to Grayscale.
Ki Young Ju, the CEO of blockchain analytics platform CryptoQuant, is predicting when the ongoing Bitcoin (BTC) bull market will reach its peak. Ju tells his 356,900 followers on the social media platform X that Bitcoin’s bull market could continue for another year based on BTC’s realized price for accumulation addresses. “Bitcoin bull cycle likely […]
Cardano (ADA) has witnessed a massive 300% surge in Exchange Traded Product (ETP) inflows. The unexpected influx of capital from institutional investors could set the stage for a potential uptrend ahead of the Chang hard fork. Cardano Inflows Skyrocket 300% On July 29, CoinShares, a leading firm in the crypto ETP industry, released a weekly […]
When spot BTC ETFs went live in the US back in January, it wasn’t yet clear how they would perform, but there was a sense that their launch was an occurrence that–if not exactly inevitable–had been likely to occur at some point. In the case, though, of spot ETH ETFs, which went into operation last […]
Our research looked at who was most vulnerable to cryptocurrency investment scams. One of the groups most at risk? Socioeconomically advantaged …
BlockDAG & UFC Champ Alex Pereira Knockout the Presale, Bagging $62.5M; Fantom Bounces Back, Pixelverse Staking Drops Alpha In this ever-fluctuating market, Fantom’s valuation is bouncing back from its recent downturn, beginning in mid-March, while Pixelverse introduces rewarding staking opportunities. However, BlockDAG (BDAG), boasting UFC Champion Alex Pereira as its brand ambassador and offering a […]
BlackRock has confirmed it has no plans to launch a Solana (SOL) ETF anytime soon, despite the roaring success of its Bitcoin and Ethereum spot ETFs launched this year. The company’s dismissal of small-cap altcoins leaves room for other asset managers to compete in this area, with some already filing to launch the product. BlackRock’s […]