The TRON community has successfully raised the network’s energy cap to 120 billion in the backdrop of the SunPump frenzy last week. This development is expected to boost transactions for TRX stakers, lower gas fees, and enhance overall network activity. Tron founder Justin Sun shared that he’s impressed by the TRON community’s execution. The TRX …
The influential tech giants, Meta and Spotify have voiced their concerns over what they see as overly restrictive AI regulations in the European Union. On friday, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek issued joint statements, criticizing the EU’s approach to AI regulation, specifically regarding open-source AI development. The central point in their …
Cardano founder Charles Hoskinson has taken to X to announce that the blockchain’s much-awaited Chang hard fork is getting postponed. He stated that Binance and some other centralized exchanges are the reason behind the delay as “they need more time to get their houses in order and so the rocket is going to wait on …
On 23rd August, Blackrock’s “IBIT” recorded the highest inflow of $86.8 million, followed by Fidelity’s “FBTC” with $64 million. Notably, Grayscale’s “BTC” adds $50.8 million, Bitwise’s “BITB” adds $42.3 million, Ark’s “ARKB” adds $23.8 million, VanEck’s “HODL” adds $14.4 million, whereas Invesco and Valkyrie add $3.2 million and $2.3 million respectively. On the contrary, Grayscale’s …
Over the past day, the cryptocurrency market has added over $100 million in valuation. This has resulted in top tokens recording a massive uptrend in their respective portfolios. Moreover, with a jump of 5.47%, Bitcoin has successfully reclaimed the $64K level with a 24-hour high of $$64,957.53. Following the footsteps, the Ethereum price has recorded …
Charles Hoskinson has endorsed RFK Jr. and Trump alliance and shared that it was a great speech from RFK, filled with deep, uncomfortable truths about media, corporate control of America, and how profoundly undemocratic the Democrat party has become. Hoskinson noted that RFK Jr. has strategically decided to support Donald Trump in battleground states while …
According to the latest data from lookonchain, the largest holder of WIF, with over $68 Million in profit is buying more and going long on WIF. He deposited 21.9 Million WIF into Kamino and borrowed 2.61 Million USDC to buy around 1.8 million WIF at $1.5 in the past 3 days. The whale spent $226,000 …
In the latest development, Changpeng Zhao, the former CEO of Binance, has been transferred from prison to a halfway house at the Residential Reentry Management office in Long Beach, California. While there were false rumors and speculation that Zhao has been officially released from all custody, recent federal inmate trackers have been updated to show …
According to the latest data from lookonchain, Trump’s chances in the US Presidential Elections have risen to 53% on Polymarket, surpassing Harris’ chances of 46%. This shift comes amid a notable increase in the likelihood of Robert F. Kennedy Jr. endorsing Trump, as his chances of doing so this month went from 14% to 46% …
The cryptocurrency space with a trading volume of $69.9 billion (+10.10%) has recorded a jump of 1.72%, from $2.10 trillion to $2.14 trillion over the past day. Following this, the price of Bitcoin has jumped approximately 3% with a 24-hour High/Low of $61,834 and $58,839. Presently, BTC is valued at $60,799 with a market cap …
The controversial crypto influencer Ben “BitBoy” Armstrong and Miami Heat’s NBA player Jimmy Butler have agreed to pay $340,000 to resolve allegations of promoting unregistered securities through Binance. The lawsuit claims that Armstrong and Butler facilitated the sale of unregistered securities, Binance’s native token, BNB, and its stablecoin, BUSD, which Paxos Trust once issued under …
Tim Harrison has announced that the first phase of the Chang hard fork is expected to go live on the mainnet on Aug. 27. Cardano founder, Charles Hoskinson also commented on his X social media account stating, “Are you prepared for Chang? The rocket is on the pad. Governance is coming,” The final decision regarding …
With a drop of 1.95% over the past day, the cryptocurrency market is presently valued at $2.10 Trillion. Further, the BTC price has failed to hold its value above the $61K level, resulting in it retesting its support level at the $59,000 mark. The altcoin leader, ETH price displayed a similar action by dropping 3.47% …
According to data from Arkham Intelligence, a particular trader made over 10000x on his initial investment of $1.69k. He turned his $1.69K of SUNDOG into $20 Million in just 6 days. The trader identified as TT4S5 was one of the earliest SUNDOG buyers & purchased 104.33M tokens for $1.69K. They now hold $19.52 million worth …
As per the data shared by the Shibburn tracker, the burn rate of SHIB has shot up significantly with a 1,088% surge in token burns, rising together with the SHIB price. Despite the impressive surge in this key metric, the amount of meme coins burnt by the SHIB community was not major, as it comprised …
As per Binance’s official announcement, the crypto exchange is launching the USD-Margined perpetual contract for VOXEL today, where users can enjoy futures trading with up to 50x leverage on the asset. The exchange has set the capped funding rate at +2.00% / -2.00%. However, it also revealed that it may adjust the specifications of the …
Elon Musk has stunned the Dogecoin community today with an unexpected post mentioning Dogecoin. He posted a picture showing him as an executive in the Department of Government Efficiency. In the post, he also mentioned, “I am ready to serve.” After Musk’s post, Dogecoin saw a 3.56% price surge, bringing its value to $0.105 per …
Jiang Xinyu, popularly known as Friedcat, once ruled China and the overall Bitcoin market. He established a crypto startup in 2012 and raised $100,000 to build the earliest ASIC miner machines for Bitcoin Mining. The company distributed 140,000 BTC among shareholders as the company value reached 2 million BTC. After two years of success, the …
Google has been reportedly sued for $5M in crypto theft, which was lost through an alleged ‘malicious’ wallet app download from the firm’s Play Store. According to the victim, Maria Vaca, she downloaded the app from the Play Store, as she thought that the wallet app was legitimate. However, the app allegedly ‘turned malicious’ and …
Mofi, a protocol engineer at software development company OP Labs, hinted at a major upgrade on the Optimism mainnet. The proposed upgrade targets tackling a few security vulnerabilities discovered by Spearbit, Cantina, and Code4rena during security audits. However, there have yet to be any exploit reports on these vulnerabilities. Therefore users’ assets remain safe. Optimism …
A smart money address has made over $14 million in profit by selling Wrapped Bitcoin (WBTC). According to on-chain data from Arkham Intelligence, the smart whale address “ox3c9” liquidated its Wrapped Bitcoin holdings accumulated over the past 10 months, making a staggering $14.26 million profit. The address initially started bagging coins from Binance in October …
Paypal USD (PYUSD) has grown heavily over the last few days, becoming the sixth-largest stablecoin. It entered the market in August 2023 and immediately grabbed everyone’s attention. It has been part of the top 10 stablecoin category, bringing 500,000 transactions to the network. Moreover, in a new milestone, its supply grew by $140.9M in 10 …
On 16th August, Blackrock’s “ETHA” recorded the highest inflow of $10.3 Million, followed by Fidelity’s “FETH” with $7.2 Million. Moreover, Bitwise, 21 Shares, Invesco, Franklin, and Grayscale’s “ETH” have recorded a neutral price flow. On the flip side, with a drop of $27.7 Million, Grayscale’s “ETHE” continues recording a negative flow. Notably, VanEck’s “ETHV” has …
US Spot Ethereum ETFs saw $39.21 million in net outflows on Thursday, ending their three-day positive flow streak. The Grayscale Ethereum Trust (ETHE) continued to experience outflows, with $42.52 million exiting the fund. The Grayscale Ethereum Mini Trust (ETH) reported no flows on Thursday. Fidelity’s FETH recorded net inflows of $2.54 million, and BlackRock’s ETHA …
WazirX has revealed plans to transfer the remaining crypto funds from Liminal to new multi-sig wallets. This has been taken to add to the level of protection of assets after the July 18 $230 million hack. Even so, WazirX’s interfaces and systems are considered safe; Liminal’s, however, are an issue in the aftermath of the …
CertiK alerts have reported and identified a serious security issue of Vowcurrency. The attack resulted in the loss of significant assets like 175 ETH, 595,970 USDT, and 5,801,632 VOW tokens. The attacker took advantage of a recent change in the vUSD conversion rate from 1 to 100 per VOW token. This manipulation allowed the attacker …
Goldman Sachs’ latest 13F filing reveals that the company holds a total of $418 million in Bitcoin spot ETFs. The breakdown of the holdings includes 6,991,248 shares of iShares Bitcoin Trust worth $239 million, 1,516,302 shares of Fidelity Wise Origin Bitcoin worth $79.55 million, 940,443 shares of Invesco Galaxy Bitcoin ETF worth $56.19 million, 660,183 …
Hamster Kombat has been turning down offers by venture capitalists since its inception, despite which, the popular Telegram-based tap-to-earn game continues to record commendable success. Hamster Kombat rejects VC offers to protect player interests and avoid common Web3 funding pitfalls. It also intends to preserve the developer’s commitment to provide players with a rewarding experience …
On 12th August, Fidelity’s “FETH” recorded the highest inflow of $4 Million, followed by Bitwise’s “ETHW” with $2.9 Million, and Franklin’s “EZET” with $1 Million. Notably, Grayscale’s “ETHE” has recorded a neutral outflow for the first time over the past 24 hours. Moreover, 5 out of 9 ETH ETFs have recorded a neutral flow. Conversely, …
Reportedly, over the past day, the crypto market has recorded a jump of 1.72% in valuation and is currently valued at $2.09 Trillion. Furthermore, it recorded a total trading volume of $83.85 Billion, a change of +41.41%. Notably, the market leader, BTC price had successfully reclaimed the $60K mark with a 24-hour high of $60,680.33 …