A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
The cryptocurrency market has been in a bearish trend for the past month, with major cryptocurrencies and altcoins hitting new lows. Last week saw significant declines, with Bitcoin falling to a one-month low of $52,500 and Ethereum to $2,150 on the same day. However, the past 24 hours have shown
September 9, 2024 2 mins read
Ethereum co-founder Vitalik Buterin has found himself at the centre of speculation after significant Ethereum (ETH) wallet transfers linked to him. Last week, a multi-signature wallet that received 3,800 ETH from Buterin between August 9 and August 30 initiated a selling spree, as reported by SpotOnChain. The wallet sold 760
September 9, 2024 2 mins read
For much of 2024, nearly 98% of activity on the TRON network was attributed to stablecoins. However, since the release of Sun.pump on August 9, this has shifted dramatically. Sun.pump, a TRON-based platform allowing users to create community-centric memecoins, has triggered a surge in non-stablecoin activity. According to Crypto Quant,
September 6, 2024 2 mins read
A long-term MakerDAO holder has drawn attention after selling 251.5 MKR tokens, netting $408,000 worth of Ethereum. The transaction, executed seven hours ago at $1,624 per token, yielded a return of nearly 70 times the initial investment. They acquired 451.5 MKR tokens in 2017 at around $23 per token. 🚨
September 6, 2024 2 mins read
Mino Games, the creator of the digital card game Dimensionals, has announced a strategic shift from Web3 to Web2, abandoning its initial blockchain and NFT integration. The decision comes after the project encountered multiple setbacks that significantly impacted its revenue streams. Dimensional, which initially attracted attention for its blockchain-based gameplay
September 4, 2024 2 mins read
Pendle, a well-known decentralized finance (DeFi) protocol, has announced that it successfully safeguarded around $105 million in funds following a recent cyber attack on Penpie, a yield optimization tool within the Pendle ecosystem. The incident occurred on Tuesday, targeting Penpie’s protocol and raising significant security concerns. According to a post-attack
September 4, 2024 1 min read
TON Ventures has launched a new $2.5 million accelerator program to attract developers to the $12 billion TON blockchain, originally developed by messaging app Telegram. The three-month program, which will support five startups, comes at a tumultuous time for the TON ecosystem. The blockchain’s recent challenges stem from the arrest
September 4, 2024 2 mins read
The cryptocurrency market remains in a bearish phase, with the total market capitalization dropping by 4.33%, while trading volume has risen by 17%, reflecting increased activity despite the downturn. Bitcoin, the largest cryptocurrency by market cap, fell by 4.66%, leading a broader decline in altcoins. Ethereum dropped by 6%, hitting
September 4, 2024 2 mins read
A trader identified as 0x430 achieved a notable profit by investing $5K into Ethervista, a new Ethereum Layer-2 network. Within 48 hours of the token launch, this investor turned their initial stake into $670K, reported prominent data aggregator platform, Arkham Intelligence. Ethervista has attracted significant attention in the Ethereum DeFi
September 3, 2024 2 mins read
Historically, September has been a challenging month for financial markets, including the cryptocurrency sector. Over the past decade, Bitcoin (BTC) has declined during September in 8 out of 11 years, with an average drop of around 8%. This pattern aligns with broader market trends, as September tends to be bearish
September 3, 2024 2 mins read