Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale
The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node...
Bitcoin
How Bitcoin Adoption Boosted El Salvador’s Profile in 3 Years
Three years ago today, El Salvador made history as the first nation to adopt Bitcoin as legal tender. This move...
Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value....
Binance Kazakhstan Receives Formal Consent for Regulatory License
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major...
Vaneck Reveals Plans to Close Ethereum Futures ETF
On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation...
Bitcoin Approaches $57,000 Amid US Jobs Data Decline
Markets anticipate a 50 basis point (bp) rate cut in September amid deteriorating US Job data. According to the US...
Bitcoin UTXOs in Profit Fall to Lowest Level Yearly, Here’s What it Means
The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen...
Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms...
Ripple Labs Co-Founder Chris Larsen Backs Kamala Harris
Former Ripple Labs CEO Chris Larsen has formally backed Kamala Harris ahead of the 2024 presidential race, as part of...
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared...
70% of World Liberty Financial’s Tokens Are Reserved for Insiders: Report
A draft white paper obtained by CoinDesk reveals that 70% of the World Liberty Financial project governance token, WLFI, is...
India’s FIU Considers Approving More Offshore Crypto Exchanges
India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting...
Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much...
86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who...
Bitcoin Miner Iris Energy Increases Mining Output by 10%
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The...
(*10*) Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records
In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion,...
Altcoin Season Kicks Off: Bitcoin Weakness Fuels Speculation
Analysts are focusing on altcoins as Bitcoin (BTC) experiences a price decline, with hopes of a potential altseason. This phase,...
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not...
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum...
Zero Flows in 4 of 5 Days
On Tuesday, BlackRock’s iShares Bitcoin ETF recorded another day of zero inflows, while US spot Bitcoin (BTC) ETFs continued their...
Bitcoin Dipping its Toe into Global Finance
In a post on X on Sept. 4, the American billionaire businessman said that Bitcoin has been an outsider to...
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In...
