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
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...
Uniswap’s $175,000 CFTC Fine Explained
The Commodities Futures Trading Commission (CFTC) issued an order against Uniswap on Wednesday, imposing a $175,000 settlement fee. The regulator...
Uniswap hit with CFTC order over illegal crypto derivatives trading
Uniswap hit with order by CFTC for illegal trading in digital asset derivatives The decentralized exchange will pay $175,000 in...
Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security
Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining...
Threshold community proposes merger to safeguard WBTC amid growing concerns
Threshold community proposes merging tBTC with WBTC. The proposal is driven by concerns over WBTC’s stability due to Justin Sun’s...
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made...
Bitcoin ETFs outperform Ether ETFs as BlackRock’s IBIT leads peers
Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock’s IBIT leads with over...
USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead
Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged...
Best Crypto Investment Strategy Right Now
The cryptocurrency landscape is one of the fastest-growing financial markets across the globe. It comes with high risk and high...
Okx Approved to Provide Cross-Border Payment Services in Singapore
Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it...
Bitcoin Targets $54,000 Amid September Struggles
Bitcoin (BTC) has started the week on a down note, trading within the $58,000 range after briefly surpassing $60,000. Analysts...
Bitcoin Mining Revenue Hits New Low as August Sees Decline in Mined BTC
Data from bitcoin (BTC) on-chain analysis platform Bitbo shows that miners of the largest cryptocurrency suffered their worst month in...
Bitcoin funds see $319 million in outflows as US economic data strengthens
Key Takeaways Digital asset investment products saw $305 million in outflows last week. Short Bitcoin investment products recorded $4.4 million...
Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy
The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from...
