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The MakeNowMeme account on X, formerly known as Twitter, has been restored following a brief suspension. The account, which previously allowed users to create Solana-based memecoins with a single tweet, is now active again, with minting and user interactions restored. Earlier today, X temporarily suspended MakeNowMeme, citing violations of its
August 2, 2024 1 min read
XRP displayed a significant swing on Friday, reflecting the global crypto market’s downturn. After a strong performance in July, where XRP surged over 30% and outpaced Bitcoin, the token has now fallen nearly 14% in just 24 hours. The price dipped from $0.65 to $0.5719, mirroring the recent BTC corrections.
August 2, 2024 2 mins read
The leading cryptocurrency exchange, BingX, has unveiled BingX Labs, its new investment division planned to fuel the growth of digital asset startups. This initiative comes at a time of increasing optimism within the crypto market, highlighted by a surge in investment and heightened participation from traditional financial players. BingX Labs
August 1, 2024 1 min read
While the global crypto market turns optimistic with various developments, the Aptos Foundation has partnered with OKX Ventures, the VC arm of the crypto exchange OKX, to launch a new $10 million fund named Ankaa. According to the August 1 announcement, this fund plans to support projects within the Aptos
August 1, 2024 2 mins read
The Bitcoin (BTC) market displayed selling pressure soon after the US Federal Reserve’s meeting on Wednesday, July 31. The cryptocurrency’s value fell by 6% and landed in the $63,000 zone. This drop marks the first time Bitcoin has slipped below $65,000 since July 25, according to CoinMarketCap data. Federal Reserve
August 1, 2024 2 mins read
As Bitcoin grapples with a downtrend, many top altcoins are experiencing significant declines. However, Binance Coin (BNB) turns positive in this turbulent market. Recent developments surrounding Binance and its former CEO, Changpeng Zhao, could be fueling this optimism. Following a prolonged legal dispute, the U.S. Securities and Exchange Commission (SEC)
July 31, 2024 2 mins read
As the global cryptocurrency market continues to evolve, recent developments have sparked optimism in the crypto market. Bitcoin (BTC) has bounced and maintained its position above $66,000 despite the ripple effects of the Mt. Gox Bitcoin selloff. Meanwhile, broader market sentiment has turned positive with the anticipated resolution of the
July 31, 2024 2 mins read
Mt. Gox has taken significant steps to resolve the aftermath of its infamous 2014 hack. In the past 6 hours, the defunct crypto exchange has moved a substantial amount of Bitcoin, signaling the final phases of creditor repayments. According to the blockchain analytics firm Arkham Intelligence, the exchange transferred 33,964
July 31, 2024 2 mins read
In a dramatic turn of events for the Compound protocol, the price of its native token, COMP, has plummeted over 6%. This decline follows allegations of a governance attack that has thrown the Decentralized Autonomous Organization (DAO) that runs Compound into a mess. A governance attack is a malicious attempt
July 29, 2024 2 mins read
After Bitcoin’s month-long consolidation, this week turned positive for the global cryptocurrency market with a series of pivotal events and announcements. Bitcoin has shown a strong bounce, trading nearly 15% higher on the monthly chart and nearing the $70,000 zone. This upward movement follows the Bitcoin conference over the weekend,
July 29, 2024 3 mins read