The memecoin sector holds consistent traders’ interests, which results from unique instances. It frequently sees the launch of new tokens apart from several rug-pull incident reports. Relatedly, in the last 24 hours, a memecoin scam was committed related to the prominent football star, Kylian Mbappe. According to reports, the prominent
The foundational L1 blockchain, Creditcoin, has announced the launch of its EVM-compatible mainnet, a significant advancement in the use of blockchain technology to achieve global financial inclusion. Together with introducing CreditWallet, a brand-new mobile wallet app designed to maximize user interaction with the Creditcoin ecosystem, this launch furthers the primary goals of Creditcoin.
HashKey, a licensed cryptocurrency exchange in Hong Kong, has announced the expansion of its asset offerings for retail investors. The exchange received approval to list Avalanche (AVAX) and Chainlink (LINK), allowing retail trading of these tokens in both Hong Kong dollars and US dollars. Previously, Hong Kong regulations only permitted
Binance blocked Palestinian crypto funds. The exchange seized cryptocurrency from Palestinians as per the request of the Israel Defence Force (IDF). They refused to return the funds and all the appeals have been denied. Moreover, the assets are frozen and seized. Also, #BoycottBinance is currently trending on Twitter. In addition
In the cryptocurrency sector, volatility in prices is a daily occurrence. Despite that, significant movements in charts often tend to draw investors’ attention. Relatedly, the second largest altcoin, Solana, showed such price movements. The token has seen a price drop of 4.54% in the last 24 hours. Solana, the native
The CEO of Haru Invest, a South Korean crypto-earning platform, faced a violent attack in the court today. During a routine hearing, a person rushed forward and stabbed the CEO several times in the neck with a short knife. Immediate medical attention was provided. Authorities detained the assailant on the
The cryptocurrency market has been under significant pressure as bearish sentiment led to a 5.58% drop in the overall market cap. Bitcoin, the leading cryptocurrency, plunged to an eight-day low of $58,034, marking a 5% decline. Ethereum also faced a sharp downturn, briefly falling to a 20-day low of $2,481.
Bitwise Asset Management has announced its intention to acquire the Osprey Bitcoin Trust (OBTC) within the Bitcoin exchange-traded fund (ETF) market. This acquisition, revealed in a press release on Tuesday, will see Bitwise integrate Osprey’s $120 million in assets into its own Bitwise BTC ETF (BITB). As part of the
Slash Vision Labs, the company behind one of Japan’s most popular crypto payments services, is looking to expand further into Asia by increasing access to its native SVL token. Its strategy involves getting some of Asia’s most reputable exchange platforms to list the SVL token, so as to boost awareness
The crypto market is reeling from significant losses, with Bitcoin (BTC) falling under $59,000 and Ethereum (ETH) experiencing a sharp decline of nearly 10%, dropping from its high of $2,800 to below $2,500. Particularly since the start of August, Ethereum has taken a significant nosedive and has struggled to breach
