$67M Shifted—August Sees Tepid Activity in Dormant Bitcoin Wallet Movements
Between Aug. 1 and Aug. 14, more than 1,109 BTC, worth around $67 million, moved from long-dormant bitcoin wallets that had been inactive for years. The bulk of this activity came from 17 distinct wallets, all originating in 2017, making this the…
First Mover Americas: BTC Tops $61K, But Traders Remain Cautious
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Pump.Fun's Removal of $2 Issuance Charge Pushes Daily Fees to All-Time Highs, But Users are Unhappy
The viral application allows anyone to issue a token on the Solana blockchain. It recently dropped a fee it charged for doing so, leading to thousands of “rugs” being created and attracting a spike in complaints.
HODLing Resurgence? 374,000 Bitcoin Transfer Ignites Crypto Recovery
Despite the recent decline, Bitcoin is seeing an interesting shift in investor behavior, with analysts like Crypto Tony betting on possible bullish momentum in the near future. Though the market is still highly unpredictable, a tendency for…
Ex-TON Foundation execs launch $40M TON Ventures fund
The Open Network Ventures, founded by former TON Foundation leaders, has launched a $40 million fund to back early-stage crypto projects within the TON ecosystem.
TON Crypto Ecosystem Gets Its Own Venture Fund to Invest $40M in Consumer Apps
The TON ecosystem, originally started by Telegram, has seen explosive growth lately with web3 games such as Hamster Kombat attracting many millions of users.
7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors
Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency…
Bitcoin Poised To Reach New All-Time Highs: Expert Dives Into Tether’s Role As The Key
The Bitcoin (BTC) price has broken free from its recent consolidation phase, breaching the $60,000 mark and setting its sights on critical resistance levels essential for propelling the cryptocurrency to new all-time highs (ATHs). This surge comes…
Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'
The EOF proposal is a series of smaller EIPs that include measures aimed at updating and improving the Ethereum Virtual Machine (EVM), the programming environment that executes smart contracts on the blockchain, and arguably Ethereum’s secret sauce…
Crypto.com Secures Multiyear Sponsorship Deal With UEFA Champions League
Crypto.com's sponsorship of the Champions League will be unveiled officially at Wednesday's UEFA Super Cup match between Real Madrid and Atalanta in Warsaw.
Nigerian state plans to tokenize real estate, boost revenue
The tokenization of real estate in Lagos State has the potential to transform the property market, making it more accessible to a wider range of investors.
Crypto.com Becomes Global Cryptocurrency Partner of UEFA Champions League in Multi-Year Deal
Crypto.com and UEFA have announced a multi-year partnership, making Crypto.com the first and exclusive global cryptocurrency platform partner of the UEFA Champions League. This collaboration aims to enhance fan engagement by integrating…
Bigger Risks More Returns: Ethereum’s Volatility Surpasses Bitcoin’s by 50%, Data Shows
Despite Bitcoin (BTC) and Ethereum (ETH) still struggling to reclaim their all-time highs, there appears to be a distinct fact amongst both assets now, as shown in the latest data. Particularly, according to Matrixport’s recent report…
Police Warn of Bitcoin Scammers Posing as Bank Representatives
The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised…
Bitcoin ETFs Are “Important, But Not The Drivers,” On-Chain Analyst Argues
An on-chain analyst has explained why the Bitcoin spot exchange-traded funds (ETFs), although important, may be something other than the drivers in the market. Bitcoin Spot ETFs Compared With Other Capital Flows On The Network In a new post on X…
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