Shiba Inu (SHIB) is launching a DAO to give holders a voice in governance. The DAO will feature two councils: Charity and Culture & Heritage. SHIB’s price is down 82.4% from its 2021 peak, despite growing real-world use. Shiba Inu (SHIB), the leading meme coin and the 13th-largest cryptocurrency by market capitalization, is preparing to…
Avalanche and ZKsync Discord servers were compromised within 48 hours of Polygon. Attackers shared fake links promising free tokens, exploiting both communities. Avalanche resolved their issue within an hour, while ZKsync’s breach remains unaddressed. Over the weekend, the blockchain community was rocked by a series of Discord server compromises that began with Polygon and quickly…
WazirX will resume INR withdrawals in phases starting August 26, 2024. Users can withdraw up to 66% of INR balances, with fees reduced by 60%. Crypto withdrawals remain suspended as WazirX implements a Singapore Scheme. Indian cryptocurrency exchange WazirX has announced a phased resumption of Indian Rupee (INR) withdrawals starting August 26, 2024, following a…
Bitcoin Dogs (0DOG) surged by over 2.7x on debut, now stabilized around $0.03. Sun Token (SUN) has risen by over 127% to a high of $0.02568, driven by positive Tron ecosystem developments. Both 0DOG and SUN are poised for growth, with bullish trends and strong fundamentals. As the cryptocurrency landscape evolves, certain tokens are making…
Sony launches Soneium blockchain to drive mainstream web3 adoption. Soneium focuses on scalability, built on Optimism’s Superchain. Soneium rollout will be in a three-phase plan: onboarding developers, integrating Sony products, and expanding to enterprises. Sony has officially entered the blockchain arena with the launch of its own network, Soneium, developed in collaboration with Singapore-based Startale…
Andreas Szakacs, the OmegaPro co-founder, was arrested in Turkey. Authorities have traced $160M in crypto transactions and seized computers and cold wallets. A Dutch investor has reported losing $7M with and over 3,000 others losing $103M in the alleged fraud. Andreas Szakacs, the co-founder of OmegaPro arrested in Turkey, is facing serious allegations of orchestrating…
Babylon’s Bitcoin staking launch on August 22 drove transaction fees to $132-$137. Over 12,700 stakers quickly filled the “locking-only phase” of Babylon’s program. Babylon raised $70M in May 2024, following an $18M Series A in December 2023. On August 22, Babylon, a pioneering Bitcoin staking system, marked a significant milestone with the launch of the…
Grayscale launches Avalanche Trust, offering exclusive AVAX exposure for investors. AVAX price surged to $25.16, with a nearly 9% increase in Avalanche Open Interest. The new fund enhances Grayscale’s portfolio, aligning with its crypto strategy. Grayscale Investments, the world’s largest crypto fund manager, has announced the launch of a new investment fund dedicated to Avalanche…
Magic Eden launches ME token to enhance cross-chain trading and DApp growth. ME token will drive expansion across multiple blockchains and incentivize trading. Magic Eden has surpassed $6 billion in trading volume as it leads the NFT market. The Magic Eden Foundation has announced the launch of its new ME token, a pivotal development aimed…
SuperRare (RARE) has seen a 187% price surge in a week, reflecting strong NFT market growth. Poodlana (POODL) is set for a tier-1 exchange listing on August 23, 2024, after listing on Raydium and MEXC. Poodlana’s potential Binance listing and Solana connection further boost its growth outlook. SuperRare, a leading NFT marketplace, has seen its…
WOMIO presale for $WOMIO tokens starts August 21 at 19:00 CET. WOMIO platform simplifies multichain memecoin creation with staking rewards for users. The platform aims to merge memecoin fun with real-world utility and new industry standards. The memecoin ecosystem is poised for a major leap with the introduction of WOMIO, a platform dedicated to boosting…
WOMIO presale for $WOMIO tokens starts August 21 at 19:00 CET. WOMIO platform simplifies multichain memecoin creation with staking rewards for users. The platform aims to merge memecoin fun with real-world utility and new industry standards. Multichain memecoin launching platform WOMIO has announced its upcoming presale and outlined its innovative approach to enhancing meme coin…
Bitfarms to acquire Stronghold Digital for $175M in stock and assumed debt. Bitfarms’ stock fell 8%, while Stronghold’s rose 60% following the news. Riot Platforms, holding 19% of Bitfarms, previously attempted a takeover in June. In a significant development within the cryptocurrency mining sector, Bitfarms (BITF), a leading Bitcoin mining company, has announced its acquisition…
Binance and CZ are sued for allegedly laundering stolen cryptocurrency assets. Plaintiffs claim Binance’s lack of AML and KYC controls facilitated the laundering. The case could impact blockchain analytics and crypto exchange compliance standards. Binance and its former CEO, Changpeng “CZ” Zhao, are now confronted with a new class-action lawsuit alleging their involvement in laundering…
El Salvador launches 160-hour Bitcoin certification for 80,000 civil servants. The program aims to enhance governance and build a Bitcoin-ready workforce. Argentina collaborates with El Salvador to learn from its Bitcoin adoption success. The El Salvador government, through its National Bitcoin Office (ONBTC), has embarked on an ambitious initiative to upskill 80,000 civil servants with…
Binance will airdrop 900 billion CAT tokens to FLOKI holders on August 29, 2024. On-chain holders of 400,000 FLOKI will receive 315 billion CAT tokens. 5% of CAT supply allocated to Floki Trading Bot users over 30 days. Floki ($FLOKI) token holders are set to receive a substantial airdrop of Simon’s Cat ($CAT) tokens. The…
BLASTUP token gets listed on Bitget and MEXC, with trading starting August 20. Bitget offers staking rewards and a giveaway of 572,143 BLASTUP tokens. 30% of BLASTUP supply burned, boosting scarcity and potential price increase. BlastUP launchpad platform, the first launchpad on the Blast blockchain, has marked a significant milestone with the listing of its…
The whale acquired 347 Wrapped Bitcoin (WBTC) within just 12 hours on August 19. BitGo plans to transfer control of WBTC to a joint venture involving itself, BiT Global, and the Tron ecosystem. Coinbase has hinted at launching its own wrapped Bitcoin token, dubbed “cbBTC.” An unidentified whale has been rapidly accumulating Wrapped Bitcoin (WBTC),…
Mango Markets DAO proposes a $223,228 SEC settlement. The proposal aims to resolve SEC charges after a $110M exploit in October 2022. Mango DAO will destroy MNGO tokens, cease US sales, and delist from exchanges in the settlement offer proposal. Mango Markets DAO, the governing body behind the Solana-based decentralized exchange (DEX), has made a…
Bitwise acquires ETC Group, expanding into Europe with $4.5B in crypto AUM. ETC Group’s products will rebrand under Bitwise but there will be no changes to strategies. Bitwise anticipates a shift in crypto with the introduction of spot Bitcoin ETFs. In a strategic move to broaden its global footprint, Bitwise, the largest crypto index fund…
Binance announces support for Frontier token swap and rebranding to Self Chain (SLF). FRONT price surged 20% following the rebranding announcement by Binance. SLF trading pairs to replace FRONT pairs on Binance from August 30, 2024. Binance, a leading cryptocurrency exchange, has announced its support for the token swap and rebranding of Frontier (FRONT) to…
Yandex bans ads for crypto exchanges, smart contracts, mining, and ICOs in Russia. Ads for mining equipment, educational content, and legal advice are however exempted. Yandex will allow crypto ads outside Russia with strict compliance to local regulations. In a significant shift reflecting stringent regulatory measures in Russia, Yandex, the country’s largest search engine, has…
RAKBANK partners with Bitpanda to create a digital asset management platform. The digital asset management platform awaits approval from the Central Bank of the UAE. UAE’s crypto adoption continues to grow with new regulations and direct bank transactions. The National Bank of Ras Al Khaimah (RAKBANK) has announced a strategic partnership with Bitpanda Technology Solutions…
BARR pattern breakout signals a potential 40% rise to $9.50 for Toncoin (TON). Binance listing and Injective integration boost Toncoin’s price and liquidity. Bitcoin Dogs’ 0DOG token will debut on Gate.io, MEXC Official, and Unisat Wallet. As August progresses, Toncoin (TON) and Bitcoin Dogs, two prominent players in the cryptocurrency space are capturing the spotlight….
Arbitrum DAO approves a proposal targeting ARB utility and enhancing treasury security. The proposal introduces ARB token staking and retaking using stARB tokens. Measures aim to address ARB token underperformance and strengthen the DAO structure. The Arbitrum DAO has taken a significant step to strengthen its ecosystem by approving a proposal focused on boosting the…
Malaysia adopts Worldcoin’s iris scan tech for national digital ID verification. The collaboration aims to integrate Worldcoin tech into Malaysia’s digital infrastructure. Global privacy concerns and scrutiny persist amid Worldcoin’s expansion efforts. Malaysia has officially adopted Worldcoin’s iris scan technology for personal verification, marking a major milestone in the nation’s digital transformation strategy. This move…