Whatever happened to the 10 biggest projects from the ICO era?
Projects that raised millions in the ICO era have struggled to gain traction. Go to Source
Month: August 2024
Kraken Crypto Exchange Fined by Australian Court
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer … Read more
EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies. Go to Source
Polygon’s Discord channel hacked, team works to regain control
As the value and popularity of digital assets continue to rise, cybercriminals are also incentivized to exploit any vulnerabilities they can find. Go to Source
Analyst eyes Ether ‘major push’ to $3.5K amid traders betting on upswing
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close. Meanwhile, futures traders are betting on an upward move. Go to Source
Ethereum Ecosystem In August 2024: LINK’s Dominance, Volatility, And Whale Activity Define The Market
As August 2024 unfolds, the Ethereum ecosystem showcases a dynamic landscape where LINK emerges as the frontrunner, boasting a market cap of $6.19 billion, followed by UNI and AAVE. LINK’s consistent dominance since early 2023 underscores its stability and widespread adoption, making it a key player in the market. However, whale concentration in tokens like … Read more
Long-Term Holders Secure $138M Daily As Bitcoin Market Shows Mixed Signals
In recent months, Long-Term Holders (LTH) have been consistently locking in around $138 million in daily profits despite turbulent market conditions. This steady flow of profits underscores the ongoing supply and demand dynamics, where each transaction involves a buyer and a seller, with price adjustments balancing these forces. This $138 million daily sell-side pressure from … Read more
Analyst eyes Ether ‘major push’ to $3.5K, traders bet against dip
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close. Meanwhile, futures traders are betting on an upward move. Go to Source
DWF Labs Faces Losses On $CRV Deposits As Reserve Expands Holdings
DWF Labs has recently deposited all of its OTC-bought $CRV tokens to Binance, realizing a notable loss in the process. Over the past 28 hours, DWF Labs moved 12.5 million $CRV, worth $4.12 million, to Binance. However, just 9 hours ago, 10.5 million $CRV, valued at $3.44 million, was transferred out. DWF Labs has deposited … Read more
Mysticeti Upgrade Propels Sui Network To Record Sentiment And Transaction Milestones
The recent launch of the Mysticeti Upgrade has catapulted the Sui Network ($SUI) to unprecedented levels of positive sentiment. This significant update has transformed the network’s performance, enabling instant trades at scale with remarkable efficiency. The recent launch of the Mysticeti Upgrade drove the #Sui $SUI Network to its highest level of positive weighted sentiment … Read more