Multiple rug pull scams occurred over the past few months in the crypto market. Amidst celebrity memecoin shillings and the launch of numerous new tokens, the scams have also shown a surge. Relatively, Doraemon themed token, DORAE originated in the market on Wednesday with signs of rug-pull within 24-hours of
Tether’s net circulation on The Open Network (TON) has surpassed 500 million, according to recent data from The Block. As of Tuesday, the network hosts 519.28 million USDT stablecoins, just two months after Tether introduced its U.S. dollar-backed stablecoin on TON, alongside the gold-backed XAUT. The Open Network highlighted the
Openstory, a prominent data streaming platform for on-chain data and analytics, has been acquired by Ava Protocol in a strategic move. As it works on growing its elite staff, Ava Protocol, that develops the fundamental infrastructure for intent-based private autonomous transactions, has also hired a number of high-profile figures. Through real-time
US-based leading investment firm and ETF issuer VanEck made an announcement to waive fees for spot ETH ETFs in the initial trading phase. The firm stated that it would not charge fees until an unspecified time in 2025. VanEck was one of the eight issuers approved by the SEC in
Bitcoin has been facing severe bearish momentum since mid-June. At the start of this week, it hit an 8-week low of $58,402. Several factors have contributed to the price drop, such as the announcement by the defunct bitcoin exchange Mt. Gox to distribute assets stolen from clients in a 2014
2024 is set to be a thrilling year for crypto enthusiasts and investors. With new projects on the rise, crypto launchpads are the gateways to early-stage investments that could skyrocket. Here are the top 5 crypto launchpads you need to watch this year, including a promising new contender that’s making
As the cryptocurrency ecosystem evolves, several digital currencies have captured the attention of investors and enthusiasts alike. BlockDAG (BDAG) leads this select group of best cryptos, followed by other promising names like Avalanche (AVAX), BONK, Toncoin (TON), and Kaspa. Each of these cryptocurrencies stands out due to their unique features
As Solana prepares to launch its own ETF, following Ethereum’s example, it targets institutional investors to enhance market liquidity. Simultaneously, Pepe Coin has seen a significant price adjustment with a sharp decline but retains a bullish outlook, indicating a possible recovery. During these developments, BlockDAG has experienced an impressive presale
Solana Meme coins are making waves in the ever-evolving cryptocurrency scene, propelled by the emergence of fresh altcoins. Meanwhile, the SUI price is faltering, reflecting a wider market slump despite its robust Layer 1 blockchain infrastructure. On the other hand, BlockDAG is redefining norms, pulling in over $53.5 million in
It is too soon to think about lowering interest rates in 2024, according to Federal Reserve Governor Michelle W. Bowman. The timing of this disclosure is very sensitive, impacting both the regular and crypto markets. The situation has further worsened since important economic data is expected to be released later
