Recent reports have surfaced regarding Ethereum co-founder Vitalik Buterin’s significant transfers of ETH, totaling millions of dollars. Buterin made two notable transfers, one involving 800 ETH worth $2.01 million, and another involving 3,000 ETH valued at approximately $8.04 million. These transfers have reignited debates within the Ethereum community regarding the role of ETH as a
Crypto
Floki Inu (FLOKI) recently experienced a significant drop of approximately 20%, causing it to lose its position among the top 5 meme coins. The current price of FLOKI stands at around $0.0001272, with a market capitalization of $1.23 billion. This decline allowed Bonk Inu (BONK), with a market cap of $1.25 billion, to surpass Floki
The cryptocurrency markets experienced a whirlwind of activity over the past week, with bitcoin taking investors on a rollercoaster ride. The week started on a high note, with BTC soaring past $65,000 for the first time in weeks. However, this upward momentum was short-lived, as the asset quickly retraced its gains and slipped beneath $58,000
Elon Musk, the controversial CEO of Tesla Inc., recently achieved a significant legal victory as a high-profile lawsuit accusing him of manipulating the price of Dogecoin was dismissed by U.S. District Judge Alvin Hellerstein. The lawsuit, filed by a group of disgruntled investors, alleged that Musk and his company artificially inflated the price of the
In the volatile world of cryptocurrency trading, where prices can swing dramatically in a matter of hours, Popcat has emerged as a standout performer. While other meme coins like Dogecoin, Pepe, and Bonk saw declines in their prices, Popcat managed to achieve an impressive 52% weekly gain. This surge in price can be attributed to
Binance, the world’s largest cryptocurrency exchange, is continuously expanding its list of trading options on its platform to cater to user preferences and keep up with the ever-evolving market trends. The latest announcement includes the addition of new trading pairs such as DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC on Binance Spot, scheduled for release on August
The Cardano network is on the brink of a major upgrade that will solidify its transition into a community-run ecosystem. The Chang hard fork, originally scheduled for August 27, has been delayed to September 1, 2024, to allow crypto exchanges like Binance time to prepare for the rollout. Cardano’s development is divided into five eras:
The US Securities and Exchange Commission has been cracking down on various cryptocurrency platforms, with the latest target being the popular NFT platform OpenSea. The CEO of OpenSea, Devin Finzer, took to social media to express his disappointment in receiving a Wells Notice from the SEC. This notice suggests that the non-fungible tokens available on
The Maker protocol, a pioneering DeFi lending platform on Ethereum, has unveiled a major rebranding to “Sky” in conjunction with significant upgrades to its decentralized stablecoin ecosystem. Along with this rebranding, the stablecoin DAI has been transformed into USDS, while the governance token MKR has transitioned to SKY. This move aims to mark a new
Shan Hanes, the former CEO of Heartland Tri-State Bank (HTSB), was sentenced to 293 months in federal prison for embezzling a staggering $47.1 million in a cryptocurrency fraud scheme. Hanes executed 11 unauthorized wire transfers between May and July 2023, diverting millions of dollars from the bank’s funds to a cryptocurrency wallet in a scheme