Tron surpasses Ethereum: $1.42M revenue in 24 hours
Tron’s revenue surpasses Ethereum since July 23, with $1.42 million generated in 24 hours compared to Ethereum’s $844,276.
Posts published on July 30, 2024 go to media archive 4/5
COMP Token Rises as Whale Backs Down on Supposed 'Governance Attack' on Compound
A new staking product will be offered instead of what Humpy and the 'Golden Boys' initially proposed.
Dogecoin Pup Owner’s New Shiba Inu Ends Up in NEIRO Memecoin Drama
A new class of memecoins was birthed on Solana and Ethereum networks over the weekend as the owner of the dog that inspired Dogecoin got a new pup - despite her officially distancing from all such tokens.
Ukrainian Police Detain Suspects in Abduction, Murder of Foreigner Over Bitcoin
Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in…
HackaTRON Season 7 Launches With Google Cloud as Diamond Sponsor, Celebrates Successful Kickoff at Bitcoin Nashville
PRESS RELEASE. Geneva, Switzerland, July 29, 2024 – TRON DAO, along with co-hosts HTX DAO, BTTC, and JustLend DAO, proudly announces the launch of HackaTRON Season 7, with submissions open until October 23. Following a successful launch…
Microsoft investors’ fears escalate over AI’s slow payoff
Microsoft investors are increasingly anxious about the slow financial returns from its significant investments in artificial intelligence, despite Azure's steady growth.
SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL) in Binance Case
The U.S. SEC may be dropping it's charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning.
Hong Kong Regulator Warns Against Proxinex for Suspected Virtual Asset Fraud
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding Proxinex, an entity suspected of virtual asset-related fraud. Investors have encountered issues withdrawing virtual assets from Proxinex, later being…
XRP Price Poised For ‘Ultimate Breakout’ With $18 Price Target: Crypto Analyst
Crypto analyst Dark Defender (@DefendDark) has updated his 108,000 followers on X about the XRP/USD market outlook with a 3-monthly chart. In his latest analysis, he points to an imminent major price movement before the end of this quarter, in…
SEC backs down on claiming SOL, ADA, MATIC and other tokens are securities in Binance suit
The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities.
Bitcoin Slides to $66K in Wake of Silk Road BTC Movements, Solana’s SOL Leads Majors Losses
“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted.
Bitcoin trader eyes $60K next as bears force fresh BTC price rejection
Bitcoin sees familiar BTC price behavior as bulls’ latest push to $70,000 lasts a matter of minutes.
An Avalanche Reawakening
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Dexter of Blocmates explains Avalanche’s…
$25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident
The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to…
‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289.
Grayscale’s ETH ETF outflows could subside this week — Analyst
Ether ETFs posted a net outflow of $98 million on July 29, marking the fourth consecutive day of bleeding — but analysts predict this trend could reverse soon.
Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024, have been apprehended. The suspects, aged 14 to 39, are charged with conspiracy to defraud and possession of 5,000…
Solana Price (SOL) Faces Challenges at $200: Bulls Remain Active
Solana extended gains above $180. SOL price is now struggling to reach the $200 level and showing some signs of a downside correction. SOL price started a downside correction from the $192 zone against the US Dollar. The price is now trading below…
Minimal Bitcoin On-Chain Resistance Ahead: Price Set For New ATH?
On-chain data suggests minimal resistance for Bitcoin, which could facilitate a rally toward a new all-time high (ATH). Almost All Bitcoin Investors Are Back In The Green With Latest Recovery According to data from the market intelligence platform…
Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment
A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets. The survey, which polled 10,000 users from Argentina…
XRP Price Range-Bound: Can It Maintain Support and Break Out?
XRP price is struggling to clear the $0.6120 resistance zone. The price must stay above the $0.5940 support to attempt another increase in the near term. XRP price is consolidating near the $0.600 support zone. The price is now trading below…
US Debt Crisis Deepens as National Debt Surpasses $35 Trillion
The U.S. national debt has exceeded $35 trillion, highlighting the country’s severe fiscal challenges as debates over taxes and spending continue. The Congressional Budget Office forecasts the debt could surpass $56 trillion by 2034, driven…
Citron founder pleads not guilty to fraud over short seller calls
Lawyers for short-seller firm Citron’s Andrew Left reportedly said he would “never” accept a plea deal with the US government.
Crypto ETFs to hit ‘model portfolios’ toward year end: BlackRock
“Investors really want to get their ETH exposure,” said BlackRock’s ETF investment chief Samara Cohen.
Ethereum’s Breakout Moment: Here’s Why ETH Could Skyrocket to $15,000 Soon
Ethereum, the second-largest cryptocurrency by market capitalization, has started showing signs of a bullish trajectory. Particularly, according to insights from CoinSignals, a prominent crypto analysis platform, Ethereum is poised for a…
Ethereum Price Stabilizes: Can ETH Gain Traction for an Upswing?
Ethereum price struggled to clear the $3,400 zone and corrected gains. ETH is firm near $3,280 and might attempt another increase in the near term. Ethereum started a downside correction from the $3,400 resistance. The price is trading near $3,280…
Coindcx Urges Wazirx to Reconsider Passing 45% Losses to Customers
‘Tone deaf’ — US moves $2B Silk Road BTC after Trump’s stockpile pledge
The move comes just two days after Donald Trump declared he would create a “strategic national Bitcoin stockpile” if reelected.
Bitcoin Price Pulls Back: Will Bulls Conquer the Selling Pressure?
Bitcoin price started a downside correction from the $70,000 resistance. BTC is now correcting gains and might extend losses if it trades below $66,000. Bitcoin struggled near $70,000 and started a downside correction. The price is trading below…
Ethereum Poised To Break $4,000 As Price Tests Crucial Levels; Analyst
Ethereum appears poised for a significant breakout above the highly anticipated $4,000 price threshold. Despite this potential, the cryptocurrency has recently fallen short of the expectations of many enthusiasts and retail traders. The much-hyped…