After a continuous price drop of over 12% in recent days, Tron (TRX) is now poised for an upside rally, as its price action and on-chain metrics hint at bullishness. Following its breakout of a strong resistance level of $0.145 has soared more than 16% and never retested. Tron Successful Breakout Retest With the recent...Read More
The U.S. Federal Reserve has issued a cease-and-desist order against United Texas Bank (UTB), one of the few remaining American financial institutions still catering to crypto companies. The central bank cited “significant deficiencies” in its governance, particularly in its adherence to anti-money laundering (AML) laws and risk management tied to virtual currency customers and foreign...Read More
The non-fungible token (NFT) market has witnessed explosive growth, followed by significant downturns over the past few years. Despite the initial hype and heavy investment, it is now grappling with severe instability. According to a report from nftevening.com, a staggering 96% of NFTs are considered “dead” based on three factors – zero trading volume, minimal...Read More
That is if Ethereum can weather three big price hurdles ahead of it in September, The Dencun upgrade’s introduction of low-cost blobs for Layer-2 blockchains to quickly scale the network to peers has unleashed a torrent of activity on Ethereum’s decentralized smart contract network. Since then, gas fees in ETH on the base layer of...Read More
[PRESS RELEASE – San Francisco, California, September 7th, 2024] Figure Markets today announced that, together with Veton Vejseli, a shareholder of Ionic Digital, it has requested access to certain company records under Section 220 of the Delaware General Corporation Law. This request seeks information to investigate potential misconduct by the Board of Directors and assess...Read More
Ripple’s CEO, Brad Garlinghouse, has provided new insights for the XRP community, offering a mix of both optimism and caution. In a recent interview, he shared promising developments around the launch of Ripple’s RLUSD stablecoin, as well as regulatory hurdles the company continues to face, particularly in the United States. Ripple’s RLUSD Stablecoin Is Almost...Read More
While the crypto market remains unpredictable and continues dipping, large investors are not relenting in their activities. Analysis by data intelligence firm Santiment has disclosed the top ten crypto projects with the highest increase in whale activity. In this context, whales refer to investors executing transactions valued at $100,000 or more. Crypto markets may be...Read More
Ethereum co-founder Vitalik Buterin has pledged to donate all Layer 2 (L2) tokens he holds to support public goods within the Ethereum ecosystem or broader charitable causes. This announcement comes a few days after accusations that he had sold millions in Ether (ETH) for personal gain. Vitalik Buterin Denies Profit Motive Buterin was quick to...Read More
Hackers are getting more and more aggressive towards stealing cryptos. They have stolen over $1.2 Billion in crypto since January. Reports suggest that most of these hacks are related to DPRK. The FBI has issued a Public service announcement on September 3, warning the crypto industry about North Korean hackers. Let’s explore what kind of...Read More
