Bitcoin Ordinals NFT trading volume tanks 98% since May — DappRadar
Alongside the declining trading volumes, the number of Bitcoin Ordinals transactions dropped by 97% to just 20,571 in mid-August.
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Cybercriminals Use Crypto Gaming to Steal Millions — Philippines National Police
The cybercrime fighting unit within the Philippines National Police has asked residents to be wary of rewards promised by play-to-earn (P2E) games because they can be used to steal crypto assets worth millions of dollars. The unit said players can…
Yuga Labs to wind back from OpenSea over its axing of royalty enforcements
Yuga Labs said it will start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT marketplace.
Elon Musk’s Spacex Writes Down Bitcoin Worth $373 Million
Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency. According to reports, Tesla, another company run by billionaire Elon Musk, has taken a…
SEC’s Ethereum Futures ETF Approval: A Resounding Victory For ETH’s Security Status?
According to Bloomberg, in a key development for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) is reportedly set to allow the launch of exchange-traded funds (ETFs) based on Ethereum (ETH) futures. This move marks a…
Dubai to Subsidize Commercial Licenses for Web3 and AI Companies
Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. The Dubai International Financial Centre (DIFC) and its campus will subsidize 90% of the costs of these licenses to attract…
Bitcoin Bulls Beware: Sub $20,000 Nightmare Looms, Analyst Foresees Extended Downturn
In a shocking twist, Bitcoin (BTC), the undisputed king of cryptocurrencies, has plunged to levels not seen since the early days of 2023. The battle-hardened Bitcoin bulls have suffered another crushing defeat, leaving investors on edge, anxiously…
Study: Bitcoin Ordinal NFT Sales Nosedive as Broader Market Cools
The buzz surrounding Bitcoin’s leap into the NFT world via Ordinals might be fleeting. A Dappradar study reveals that trading actions and sales figures for Bitcoin Ordinals have plummeted by a staggering 97% since their May 2023 zenith. This…
Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
This week's Crypto Biz explores Binance Connect shutdown, BitGo's funding round, PayPal Crypto Hub, and other news.
Crypto grants foster innovation amid venture capital exodus
Alternative funding options, such as grant programs, have grown in popularity as the bear market continues to slash venture capital from the crypto industry.
XRP Ruling Needs Appeals Court Review, SEC Says
The U.S. Securities and Exchange Commission (SEC) asked for permission to appeal a federal judge's ruling that XRP sales through exchanges didn't violate securities law, a day after the judge said the SEC could present its argument.
Algorand Faces Tough Times, Records New All-Time Low As Crypto Market Plunges
El Salvador Diary: Lightning Is Key to Bitcoin Adoption
As he travels around the first country to adopt Bitcoin as legal tender, Jonathan Martin finds that few are using it. But Lightning integration could soon change the game.
IBM blockchain and AI expert says ChatGPT poses several ‘key risks’ for enterprise use
Listing numerous areas of concern, IBM Automation’s Jerry Cuomo lays out the potential pitfalls for businesses using ChatGPT.
XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case
The United States Securities and Exchange Commission (SEC) has reopened old wounds after a federal Judge grants the regulator’s request to file a new appeal against Ripple. Ripple And SEC Legal Battle Continues Ripple, the crypto firm behind XRP…
SEI’s Rocky Start: New L1 Crypto Token Dives 65% in 3 Days Amid Market Turmoil
The newly listed cryptocurrency SEI took a substantial hit after its debut, plummeting over 65% from its peak value in just three days. The coin’s latest 13% tumble mirrored a decline in the broader crypto market in the last 24 hours. New L1 Token…
Tokenization News Roundup: Consolidation Coming
A weekly digest of articles, reports and analyses about tokenized RWAs, the fast-growing financial instruments that merge traditional finance to the blockchain.
Bitcoin price drops to a two-month low — Did pro traders benefit?
A massive amount of traders were liquidated as the BTC price dropped to $25,300, but was it primarily retail traders that were washed out?
Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps
JPEG’d DAO voters are deciding how to account for a $1 million bounty.
LiFi launches multi-bridge governance solution after Uniswap debate
The new bridge aggregator allows cross-chain DAOs to only accept votes confirmed by more than one bridge.
More Blood Ahead? Why Bitcoin Could Crash Further If It Loses $26,000
The Bitcoin price range has been obliterated as the crypto market was corrected into a final support line. Volatility in the sector was compressed for weeks, and many were expecting some action in the short term, but the drop caught market…
Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?
BTC slipped below $26,000 amid the crypto market mayhem.
Things in Crypto We're Freaking Out About
With a nod to Sam Bankman-Fried, CoinDesk staff crowdsource their fears, anxieties and disappointments — for your enjoyment!
Price analysis 8/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, LTC
Bitcoin and most major altcoins are reeling under intense selling, and charts suggest that the market sell-off is not complete.
New Zealand parliamentary report advises against hasty crypto regulation
An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively.
Crypto Stories: eToro co-founder Yoni Assia’s life in finance led him to adopt crypto early
Yoni Assia wanted to make trading accessible to “normal” people, and Vitalik Buterin helped him design the platform.
Bitcoin Teetering On The Edge: Here’s Why BTC Could Plunge Below $26,000
Top 10 Stablecoins Witness Massive Supply Reductions, Yet Dominate 61% of Global Trade Volume
For the first time in months, the entire list of top ten stablecoin assets has experienced supply shrinkage in the last 30 days. The stablecoin market now stands at $124 billion, following notable reductions across several projects. Yet…
Elon Musk says block feature to be ‘deleted’ on Twitter/X
According to Musk, users will have to rely on the “mute” function instead.