High centralization can lead to increased influence by a few entities, potentially undermining the decentralized ethos that crypto strives to uphold. However, centralization continues to be a major bone of contention in space. As such, popular project tokens – Polygon (MATIC) and Shiba Inu (SHIB) – have emerged as the leading examples of high concentration...Read More
Ethereum co-founder Vitalik Buterin has once again transferred a large amount of ETH, sparking fresh discussions within the crypto community. According to a report from Lookonchain, Buterin moved 800 ETH with an estimated value of $2.01 million to a multisig wallet. Shortly after, 190 ETH from this wallet was swapped for 477,000 USDC, a stablecoin...Read More
Pepe (PEPE) the popular and third-biggest meme coin is gaining notable attention from traders and investors due to the ongoing dumps by whales. On August 30, 2024, the PEPE whale once again dumped over 330 billion tokens worth $2.53 million to the Kraken cryptocurrency exchange and booked a loss of over $3.13 million, as reported...Read More
The Bitcoin hash price, a metric measuring miner revenue per terahash or computing power, has fallen to its lowest level ever. According to recent data, this is a sign of upcoming bullish momentum. A Quicktake by CryptoQuant analyst Woominkyu revealed that the current level of the bitcoin hash price indicates a good buying opportunity. A...Read More
Bitcoin appears to be struggling to position itself above $60,000. The world’s largest crypto asset by market cap is yet to recover from the fall earlier this week. As a result, its weekly losses compared to the surge last Friday stand at about 10%. However, its reserves on exchanges hitting new lows for the year...Read More
The iShares Bitcoin Trust (IBIT), issued by BlackRock, the world’s largest asset management firm, just recorded its first day of outflow in almost four months. Data from Farside Investors shows that IBIT investors withdrew $13.5 million from the fund on Thursday, August 29. The last time the BlackRock spot Bitcoin exchange-traded fund (ETF) recorded a...Read More
Minimum Price Increments On 6 Sep 2024 at 04:00 UTC, the Minimum Price Increments for the following contracts will be reduced as shown below. Perpetual swap Current Minimum Price Increment (USD) Minimum Price Increment (USD) starting 6 Sep 2024 04:00:00 UTC SUIUSDT 0.001 0.0001 AXSUSD 0.01 0.001 ARBUSDT 0.001 0.0001 BOMEUSDT 0.00001 0.000001 BLASTUSDT 0.0001...Read More
[PRESS RELEASE – Vancouver, Canada, August 30th, 2024] TeleportDAO today announced the availability of a new feature on its TeleSwap protocol, enabling users to seamlessly swap Wrapped Bitcoin (WBTC) for native Bitcoin (BTC) in a fully decentralized manner. This service addresses the increasing demand for decentralized solutions amid ongoing discussions around the centralized nature of...Read More
Elon Musk, the CEO of Tesla Inc., has won the dismissal of a high-profile $258 billion lawsuit accusing him and his company of manipulating the price of Dogecoin (DOGE), the popular meme-based cryptocurrency. On Thursday, U.S. District Judge Alvin Hellerstein ruled in favor of Musk and Tesla, dismissing the claims made by a group of...Read More
[PRESS RELEASE – Palo Alto, United States, August 29th, 2024] Aptos Labs Teams Up with Mereo to Address Asset Scalping and Strengthen Fan Loyalty, Transforming the Artist-Fan Connection Through Fairer Engagement Practices. Aptos Labs, a leading innovator in blockchain technology, today announced a strategic investment in Mereo, a pioneering platform reshaping fan engagement and loyalty....Read More
[PRESS RELEASE – Singapore, Singapore, August 29th, 2024] CPCoin Team is proud to announce the launch of SmartExplorer, an advanced blockchain explorer designed to bring unparalleled transparency and insight into the CPCoin ecosystem. As part of CPCoin Team’s commitment to providing users with the tools needed to navigate the blockchain world confidently, SmartExplorer is set...Read More
