Ethereum's DenCun upgrade leads to inflationary trend, challenging its previous deflationary narrative. Decreased burning rate and increased supply post-upgrade indicate shifting economic dynamics, prompting reassessment of Ethereum's role as "Ultrasound money."
Huang BoBankrupt exchange FTX announced that 98% of creditors will receive a 118% cash repayment, with disbursement starting as early as September.
MiyukiFranklin Templeton expresses confidence in Solana's potential to become the third-largest cryptocurrency, citing resilience, developer efforts, and network effects. Expectations for continued growth and leadership in upcoming crypto trends underscored.
EdmundEthereum whale profits from year-long investment, making strategic moves amid market fluctuations, capitalizing on short-term gains.
Xu LinSEC delays verdict on Galaxy Invesco's Ethereum ETF proposal, affecting other applicants. Analysts split on approval chances.
Huang BoA cybercriminal behind the embezzlement of $7.4 million from Hundred Finance reappears, moving approximately $800,000 worth of assets to launder or utilise the stolen funds. Despite a recent decline in crypto scams and hacking incidents, challenges persist in securing cryptocurrency platforms and preventing financial crime.
WeatherlyHong Kong's Bitcoin and Ether ETFs launch saw a modest trading volume, indicating cautious investor sentiment amid regulatory concerns and market volatility. Despite the muted response, increased trading volume suggests growing interest, hinting at potential future market impact.
WeatherlyPantera Capital secures discounted Solana tokens, strengthens holdings. Positive momentum for Solana amid Pantera's strategic move.
Huang BoHong Kong is launching Asia's first spot Bitcoin and Ether ETFs, potentially establishing itself as a crypto hub in the region, though mainland Chinese investors are currently restricted. The move could trigger a ripple effect across Asia, encouraging other regulators to explore similar initiatives, potentially reshaping the regional crypto investment landscape.
WeatherlySlothana, a new meme coin on Solana, has raised over $10 million in its presale and aims for a $420 million market cap, reminiscent of BONK's success. With a humorous sloth mascot and strong social media presence, Slothana seeks to ride the wave of meme coin mania, potentially replicating BONK's explosive rise in the crypto market.
JoyThe Solana ecosystem is uniquely positioned with a wealth of tokenless protocols to provide early adopters with plenty of premium airdrop opportunities! Today, we’re bringing your focus to five of our favorite Solana airdrops.
JinseFinanceAptos Resumes Network After 5-Hour Outage
AaronReport Provides High-Level Overview of Control Failures by Previous Management Team Across Critical Functions
OthersThe daily RSI has generated bullish divergence.
BeincryptoIt's hard to overstate how much FTX embedded itself into the broader world. That could drive some of the response to its collapse.
CoindeskCheck out the findings!
OthersThe Financial Times has seen a copy of an FTX balance sheet showing that the bankrupt crypto exchange had only $900mn of assets it could easily sell.
Financial Times
Coinlive FTX is facing a liquidity crunch and has halted withdrawals. Binance is to the rescue, but things aren’t so simple.
NellCoinlive