Memecoin dumps, then pumps after Vitalik Buterin sells unwanted airdrop
The memecoin took a massive hit after Buterin sold his entire 17 billion Neiro airdrop, but in a weird turn of events, it pumped soon after. Go to Source
Month: August 2024
Pan-African Tech Firm Cassava Technologies Launches AI Unit
Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI) operations. The AI unit will offer data center, cloud, cybersecurity, fiber connectivity, and renewable energy services. Helping Clients Adopt Generative AI Pan-African technology firm Cassava Technologies is creating a separate business unit to focus on … Read more
Australian federal police to probe 2,000 exploited crypto wallets
Chainalysis’ Operation Spincaster found over 2,000 Australian-owned crypto wallets were hit by “approval phishing” scams. Go to Source
Bitcoin dominance hits 58% amid altcoin, stock market bloodbath
Bitcoin dominance has notched a new yearly high amid a brutal Ethereum-led sell-off. Go to Source
Bill proposes to give Secret Service more power to pursue crypto crime
Stronger threat assessments are needed to catch “seedy financial enterprises” facilitating money laundering schemes,” US Senator Charles Grassley said. Go to Source
Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects awaiting approval by the institution. No Cryptocurrency Mining Companies … Read more
Pro-crypto RFK Jr. once dumped a dead bear in New York’s Central Park
Robert F. Kennedy Jr. left the dead bear with an old bicycle, at a time when there was a rise of cyclist-related accidents across New York. Go to Source
6 Indicators of Economic Trouble: Is a US Recession on the Horizon?
At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to $2.09 trillion since July 29. Recently, discussions have intensified around the likelihood of an impending U.S. recession, with a soft landing seemingly off the table. Below are six distinct indicators … Read more
Jump Crypto unstakes $315M of ETH, now headed to exchanges
Jump still holds at least $125 million of staked-Ether, blockchain data from Arkham shows. Go to Source
South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise
The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative returns while they remain in their homes. Regulated Alternative Capital Raising Platform The decentralized cross-asset marketplace, Mesh.trade, recently launched a $1.64 … Read more