On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over the past day. Binance CEO Richard Teng noted that this “marks…
Following chaos in the broader crypto market and bearish turnover for Bitcoin price, Dogecoin (DOGE) and THORChain (RUNE) display notable price declines. Global investors hesitate to trade big in risky assets and have taken out significant capital from several low-performing cryptos for other sustainable investment avenues. Under the limelight is the AI-powered DTX Exchange (DTX)…
A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with…
Bitcoin treasury firm Semler Scientific has added another $6 million in Bitcoin to its balance sheet, comprising more than the entirety of the medical company’s Q2 earnings. The purchase reflects an ongoing commitment to Semler’s Bitcoin acquisition strategy despite the asset recently tapping its lowest price level since February. Semler Scientific Buys More Bitcoin In…
PRESS RELEASE. The cryptocurrency gaming sector is witnessing an intense rivalry between two notable titles: Hamster Kombat and Lovely Legends. As the competitive landscape evolves, industry experts are increasingly recognising Lovely Legends as the more promising and innovative contender for both gaming enthusiasts and cryptocurrency investors. Unprecedented Airdrop Initiative In an unparalleled move, Lovely Legends…
Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part of an ongoing investigation by the Delhi…
Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States surpassed $5 billion in daily trading volume on August 5. This marks the first time since mid-April that such a high volume has been reached. BlackRock’s IBIT Leads with Nearly $3 Billion According to DefiLlama data, BlackRock’s IBIT ETF was a major contributor to this…
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction fees…
Meme coins have made a dramatic comeback in the past 24 hours. After a brutal downturn, these tokens are on the rise again, led by Brett, Pepe, and the upcoming Base Dawgz. Brett Bounces Back from Key Support Level Brett (BRETT) has experienced a remarkable turnaround. This Base chain token has bounced back to $0.095,…
The crypto market is witnessing a dynamic shift as innovative projects like DigiHorse (DIGI), Solana (SOL), and XRP capture investor interest. With the Play-to-Earn (P2E) gaming model gaining traction, DigiHorse is positioning itself as a front-runner in this burgeoning sector. Meanwhile, Solana’s recent rally highlights the growing influence of meme coins, and XRP’s steady performance…