Coin Edition
Shiba Inu Community Votes Against Burning 37.5 ETH, Favors Multisig Wallet
The Shiba Inu community has voted against burning 37.5 ETH, opting instead to secure the funds in a multisig wallet controlled by trusted community members. These funds, donated by partner...
Justin Sun Announces Major SUN Token Burn Progress
Justin Sun announced on X that the ongoing SUN token burn has hit a significant milestone. The total burn amount now totals $8 million, with an additional $4 million yet...
Pendle Saves $105 Million in DeFi Exploit, Halts Penpie Hack
DeFi platform Pendle successfully thwarted a potential loss of roughly $105 million stemming from an alleged security breach at Penpie, an independent protocol built on Pendle’s infrastructure. The incident, which...
FTX Repayment Plan in SEC Crosshairs, Stablecoin Use Questioned
The SEC is taking a closer look at payments made to creditors of the collapsed FTX exchange. This comes as Adam Cochran voiced concerns about SEC oversight failures on social...
Ondo Finance Raises the Bar for RWA Platforms, Hits $600M TVL
Ondo Finance has hit a significant milestone, surpassing $600 million in Total Value Locked (TVL) across its yield-bearing products. The platform now holds $384 million in USDY and $221 million...
Bitcoin’s Active Wallets at 2021 Bear Market Levels, But Price Holds
The current state of Bitcoin’s Active Addresses points towards a pivotal moment in the cryptocurrency market. Active Addresses, a vital metric reflecting the number of wallets participating in transactions, has...
EOS Price at Crossroads: Will Spring v1.0 Upgrade Spark a Rebound?
The EOS Network Foundation (ENF) is set to launch the much-anticipated Spring v1.0 upgrade this week. The exact date for the upgrade remains under wraps, but EOS, once a major...
Bitcoin as Corporate Treasury Asset: A Growing Trend in 2024
Publicly-listed companies are increasingly adding Bitcoin to their treasuries, with giants like MicroStrategy and Tesla leading the charge as a hedge against economic uncertainty. Over the years, cryptocurrencies like Bitcoin...
Animoca Brands Backs UXLINK, Fueling Web3 Social Growth
UXLINK, the leading social infrastructure platform, has secured a strategic investment from Hong Kong-based gaming and VC firm, Animoca Brands. This key collaboration marks a pivotal step forward in expanding...
Bitcoin Mining Power Soars, Network Security Strengthened
Bitcoin’s hash rate recently reached a new all-time high, underscoring the increasing security and activity within the network. This milestone comes as Bitcoin’s price experiences fluctuations, highlighting the complex relationship...
WazirX Hacker Cashes Out: $6.5M ETH Moved to Tornado Cash
The WazirX Exploiter, infamous for its massive cryptocurrency thefts, has recently moved 2,600 ETH, worth $6.54 million, to Tornado Cash, a privacy-focused Ethereum mixer. This move happened 11 hours ago,...
Japan’s Crypto Tax Shakeup: Flat 20% Rate Could Be Coming
The Japanese government is drawing up plans to reduce the maximum tax rate on crypto transactions; lower it from 55% to a flat 20%. This change aims to address investor...
Key Economic Events in September to Shape Crypto Markets
Cryptocurrency investors are gearing up for a pivotal September, with several major U.S. macroeconomic events on the horizon that could reshape their portfolios. The Federal Reserve’s interest rate decisions are...
Cardano’s Community: United in Vision, Bullish on Future
A segment of the crypto Twitter community is voicing concerns about Cardano’s (ADA) future, even as anticipation builds for its upcoming hard fork. A few argue that the community’s high...
Altcoins Face Downside Risk as Fed Rate Cut Looms: Analyst
Following Federal Reserve Chairman Jerome Powell’s recent comments about potential rate cuts at Jackson Hole, markets have reacted differently than anticipated. Prominent voices in the financial world, including former BitMEX...
Cardano Founder to Fill Void Left by X in Brazil with New Platform
Cardano founder Charles Hoskinson is stepping up to create a decentralized social media platform in Brazil after the nation’s Supreme Court banned Elon Musk’s X. Hoskinson announced his plans on...
El Salvador Buys More Bitcoin, Adoption Still a Hurdle
El Salvador remains committed to Bitcoin, as evidenced by its growing holdings throughout August 2024. Despite facing hurdles in achieving widespread crypto adoption, the country continues to buy the dip,...
The Ultimate Guide to Crypto Margin Trading for Beginners
Crypto trading presents a lucrative opportunity for traders and investors. You use your funds to trade coins and earn profits. But imagine being able to amplify your trading positions to...
LUNA Shorting Whale Goes Long on Ethereum with $10.43M Bet
A crypto whale known for shorting Bitcoin during the LUNA/UST collapse has invested $10.43 million in Ethereum. Data from Arkham Intelligence shows the whale purchased 4,192 ETH at an average...
Crypto Market Movers: ORDI, SEI, DYDX, WLD, and STRK
Several key tokens, including ORDI, SEI, DYDX, WLD, and STRK, are experiencing significant price action, making them ones to watch in the coming days. ORDI ORDI, the native token of...
Bitcoin’s Key Support Levels Under Pressure as September Begins
Bitcoin (BTC) is experiencing a volatile technical landscape as September begins. The cryptocurrency recently dropped below a crucial $62,000 monthly close, and the weekly chart now reveals a bearish collapse...
South Korea Probes Telegram Over Deepfake Sex Crimes
South Korean authorities are investigating messaging platform Telegram for its potential involvement in deepfake online sex crimes. The probe, according to Reuters report, will focus on whether Telegram facilitated the...
TON Blockchain Suffers Outages as DOGS Transactions Surge
The DOGS token, a new memecoin inspired by Telegram founder Pavel Durov’s pet dog, Spotty, has experienced volatility due to recent network disruptions on the TON blockchain. These disruptions, triggered...
Crypto Security Report: August Losses Down, but 2024 Total Surpasses $1.2 Billion
Seems the crypto market losses in 2024 are far from over. Over $1.2 billion has been stolen through various hacks and scams, according to the latest report by web3 security...
Toncoin’s Metcalfe Valuation: Is the Crypto Undervalued?
Toncoin (TON) has experienced a decline in value following the arrest of Telegram’s Founder and CEO, Pavel Durov, in France. On August 26, TON’s price dropped by 11%, closing at...
