The Artificial Superintelligence Alliance (FET) is making a wave in the cryptocurrency landscape following its impressive price performance over the past few days. With its remarkable price surge, FET has confirmed its bullish breakout from an inverted head and shoulder price action pattern. FET Technical Analysis and Upcoming Levels According to expert technical analysis, FET...Read More
Terraform Labs, the company behind TerraUSD (UST) and Luna, has secured court approval to wind down operations in bankruptcy after settling with the United States Securities and Exchange Commission (SEC). According to a Reuters report, the wind-down plan was approved by US Bankruptcy Judge Brendan Shannon, who called it a “welcome alternative” to further litigation...Read More
The Open Network (TON) has continued to record outstanding growth as the protocol recently saw its active addresses outperform leading blockchains in the industry. According to data from the market intelligence platform IntoTheBlock, the number of daily active TON addresses surged to 3 million in the first week of September. Per the data, this figure...Read More
Anthony Scaramucci, founder of the New York-based investment firm SkyBridge Capital, has revealed that he is working with Democratic presidential candidate Kamala Harris to draft crypto policies for her campaign. According to a CNBC report, Scaramucci made the revelation at the annual TOKEN2049 crypto conference on Thursday. He told a panel during the conference that...Read More
A key metric that indicates US investors’ interest in bitcoin turned negative on Friday. Experts, however, believe that this flip could positively affect BTC’s price. Coinbase Bitcoin Premium Records Negative Value According to a report by a CryptoQuant analyst, the Coinbase Premium recently recorded a significant negative value. The Coinbase Premium Index is an indicator...Read More
[PRESS RELEASE – Singapore, Singapore, September 20th, 2024] Mantle’s flagship game, Catizen, officially launched its token, $CATI, on multiple exchanges today, including Binance, OKX, Bybit, Gate.io, and Bitget. As the most profitable mini-game on Telegram, Catizen seamlessly integrates Telegram with The Open Network / TON (L1) and Mantle Network (L2). $CATI, as the universal token...Read More
BingX, a Singapore-based crypto exchange, has suffered a hack targeting its hot wallets. The attack affected several blockchains, with Cyvers Alerts estimating a total loss of over $52 million. BingX Confirms Hot Wallet Hack The incident was initially detected by blockchain security firm PeckShield, which reported a “suspicious significant fund outflow” from the exchange totaling...Read More
[PRESS RELEASE – Amsterdam, Netherlands, September 20th, 2024] Nosana, the decentralized AI inference engine powered by a global network of consumer GPUs, reveals the official launch date for its Nosana Mainnet: January 14, 2025. Nosana, a leader in decentralized AI computing, is proud to announce the upcoming launch of its Nosana Mainnet, set for January...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, September 20th, 2024] ZChains is on a path of innovation and growth, with a series of exciting updates and launches scheduled in the coming weeks. These developments are set to enhance their ecosystem, providing users with even more tools, integrations, and opportunities to engage with the ZChains platform....Read More
Solana Labs’ mobile subsidiary, Solana Mobile, has announced the launch of its second crypto-focused smartphone, the Seeker, which will ship in 2025. The new device, unveiled during the Token2049 event in Singapore, promises hardware and software improvements over its predecessor, Saga. Seeker’s Capabilities “We’ve been deep in build mode for months, and we’re excited to...Read More
On September 20, 2024, Solana (SOL), the sixth biggest cryptocurrency by market cap is poised for significant rally potential due to its bullish breakout and on-chain metrics. After struggling for almost three weeks, SOL has breached its consolidation zone and is now again heading toward the $165 level. Solana Price Momentum At press time, SOL...Read More
Blockchain detective ZachXBT has exposed another set of hackers who used a social engineering scam to steal over $240 million in Bitcoin from a wealthy victim. The investigator said that both his efforts and the criminals’ own blunders have already led to “multiple arrests and millions frozen.” Scammed For 4000 BTC In mid-August, the scammers...Read More
[PRESS RELEASE – Tecumseh, Canada / Ontario, September 19th, 2024] Agile Coretime Paves the Way for Polkadot 2.0 Improving the Network’s Scalability, Cost, Speed, and Flexibility The Polkadot community celebrates the release of its latest major product, “Agile Coretime”, as part of the ongoing Polkadot 2.0 upgrade. This new feature represents a significant advancement in...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, September 19th, 2024] Aptos Foundation successfully hosted The Aptos Experience, a multi-day event held on September 5 and 6, 2024 in Seoul, South Korea to celebrate the ecosystem contributions shaping the future of Web3 on the Aptos blockchain. This flagship event attracted more than 700 pass holders from...Read More
[PRESS RELEASE – Singapore, Asia, September 19th, 2024] Harvard Students and Alumni Launch Groundbreaking Native Bitcoin Blockchain Project at Harvard Innovation Labs to Tackle Global Debt Crisis Launch of “New Bretton Woods Project” (NBW): A Harvard-led initiative, soon to be incubated at Harvard Innovation Labs, tackling the global debt crisis through decentralized finance (DeFi) solutions....Read More
Despite a slowdown in Bitcoin (BTC) whale accumulation, the weekly net flows among these large holders (addresses with at least 1,000 BTC) have remained positive for nearly four months. Positive net flows indicate that more BTC is entering these wallets than leaving, suggesting potential buying pressure, while negative net flows mean more BTC is flowing...Read More
The official X account of Decentraland, a virtual reality platform, has been hacked, with attackers advertising a fake MANA token airdrop. On September 19, PeckShield alerted the public in a post on X that Decentraland’s official account had been compromised. Details of the Breach The blockchain security firm urged users to avoid interacting with the...Read More
[PRESS RELEASE – Zürich, Switzerland, September 19th, 2024] SCRYPT, a Swiss-licensed leader in institutional-grade crypto asset services, today announces a strategic partnership with OpenTrade, an institutional-grade platform for lending and yield products. The partnership will launch a product that allows SCRYPT clients to seamlessly invest USDC and EURC into tokenized U.S. Treasury Bills and E.U....Read More
[PRESS RELEASE – Dubai, United Arab Emirates, September 19th, 2024] Crypto Content Creator Campus (CCCC), a groundbreaking initiative designed to empower and inspire the next generation of crypto influencers, is thrilled to announce its official launch in Dubai this fall. Taking place from November 8th to 10th, CCCC will serve as the premier annual gathering...Read More
The presidential candidate reiterated his support for digital assets on Sept. 18 by treating his supporters to burgers at a New York bar and paying with BTC. Trump entered a crypto-themed venue called PubKey in Greenwich Village where he was met with applause from Bitcoiners and supporters. “Who wants a burger?” he asked before spending...Read More
BTC has gained almost 5% over the past 12 hours, topping $62,000 for the first time in more than three weeks. The asset climbed from an intraday low of $59,200 to tap $62,600 before retreating slightly during the Wednesday morning Asian trading session. In a post on X on Sept. 19, crypto analyst ‘Nebraskangooner’ called...Read More
Former President Donald Trump made an unexpected stop at Pubkey Bar ahead of his Long Island rally, a few hours ago, to buy Burgers for his fans. Pubkey is a bitcoin themed bar in Greenwich Village, New York. It became a witness of a unique moment when Trump paid for burgers using Bitcoin. This was...Read More
Two of Bitcoin’s pre-eminent thought leaders are at odds with each other as to whether banks can – or should – provide sustainable yield on their customers’ BTC deposits. Michael Saylor – executive chairman of MicroStrategy, the world’s largest corporate Bitcoin owner – said in a recent podcast appearance that Bitcoin could become a form...Read More
Palo Alto-based crypto custody firm BitGo has launched a new stablecoin, USDS, that is set to go live in January 2025. The company says the stablecoin will be fully backed by U.S. dollars through a mix of short-term Treasury bills, overnight repos, and cash in a bid to ensure liquidity and minimize risk. New Approach...Read More
[PRESS RELEASE – Singapore, Singapore, September 18th, 2024] Key Takeaways: PancakeSwap is launching its first Initial Farm Offering (IFO) on Arbitrum, marking a significant milestone in its multichain expansion strategy. The IFO will feature Eigenpie, a leading Liquid Restaking Protocol on EigenLayer. The IFO will be conducted from 10:15 AM UTC on September 24th, 2024,...Read More
[PRESS RELEASE – San Francisco, United States, September 18th, 2024] Aleo’s L1 creates a new ecosystem for secure and programmable applications that allow users a new level of control over their data Today, the Aleo Network Foundation officially announced the launch of the Aleo Network, a layer-1 blockchain that combines general-purpose programmability with the power...Read More
On-chain investigator ZachXBT has accused top crypto influencer Professor Crypto of using bots to manipulate his social media metrics. Following the allegations, the crypto influencer has deactivated his account without giving a response to the public. Fake Engagement Strategies In a post on X, the on-chain sleuth addressed the Youtuber, telling him to “lay off...Read More
[PRESS RELEASE – Dubai, UAE, September 18th, 2024] VIKITA, a memecoin operating on the SunPump platform, has been listed on the Poloniex exchange, available for trading against USDT (Tether). Built on the TRON blockchain, VIKITA benefits from fast, low-cost transactions, providing users with an efficient trading experience. SunPump, the platform hosting VIKITA, specializes in supporting...Read More
With the price of Bitcoin reclaiming the $60k level, the crypto market has experienced a strong bullish recovery over the past few hours. Moreover, the memecoin category has recorded the highest gains with many tokens recording a surge of up to 3 digits. Following this, investors are turning optimistic about the memecoin mania and a...Read More
Ethereum is facing some of its toughest challenges, with market sentiment turning negative. The cryptocurrency’s performance has lagged, its regulatory outlook remains uncertain, and competition from newer blockchains like Solana is intensifying. However, Matt Hougan, Chief Investment Officer (CIO) of Bitwise, believes its foundational strengths in key sectors like stablecoins and decentralized finance (DeFi) make...Read More
