Cryptocurrency

August 13, 2024

Three Arrows Capital Seeks $1.3 Billion in Damages from Terraform Labs

On August 9, liquidators for the failed cryptocurrency hedge fund Three Arrows Capital (3AC) filed a substantial claim against Terraform Labs in Delaware federal court, seeking […]

Solana and Ethereum Whales: Major Token Movements and Investment Strategies

On August 13, blockchain analytics firm Lookonchain reported significant activity from a Solana whale that has been actively selling tokens since January. This whale deposited nearly […]

Marathon Digital Embraces “Made in USA” Bitcoin Label Amidst Political and Market Moves

Marathon Digital Holdings, a prominent U.S.-based Bitcoin mining firm, has unveiled a new initiative to stamp every Bitcoin block it mines in the United States with […]

Altseason May Be Delayed Until 2025: Key Factors and Predictions

The anticipated altcoin rally, often referred to as “altseason,” might be postponed until 2025, contingent upon Bitcoin and Ether reclaiming crucial price levels. Arthur Hayes, co-founder […]
August 12, 2024

Positive Net Inflows for U.S. Spot Ether ETFs Despite Market Downturn

For the first time since their launch on July 23, spot Ether (ETH) exchange-traded funds (ETFs) in the United States have recorded a week of positive […]

Ethereum Gas Fees Hit Five-Year Low Amid Surge in Layer-2 Activity

The median price for sending a transaction on the Ethereum blockchain has plunged to its lowest level in five years. As of August 10, Ethereum’s median […]

Crypto Startups See Increased Venture Capital in Q2: A Closer Look

Crypto startups experienced a modest uptick in venture capital funding during the second quarter of 2024, despite a drop in the number of deals. According to […]

BitGo CEO Dismisses Security Concerns Amid Changes to Wrapped Bitcoin (WBTC) Operations

On August 9, cryptocurrency custody platform BitGo announced a strategic shift in its Wrapped Bitcoin (WBTC) business. The company is expanding its custodial jurisdictions for underlying […]
August 09, 2024

Nigerian Crypto Activist Challenges Government Restrictions on Digital Assets

James Otudor, a prominent Nigerian crypto activist and politician, has launched a significant legal challenge against Nigerian government entities, advocating for citizens’ fundamental rights to own, […]

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