Bitcoin’s network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high.
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Month: August 2024
FBI issues warning about scammers impersonating crypto exchanges
The FBI urges victims to report scam activities through official channels and provide any transaction information related to the scam.
Kujira proposes DAO to tackle liquidity, security issues
Facing liquidity challenges and security exploits, Kujira plans to establish an Operational DAO to stabilize its ecosystem.
Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR
The integration will also offer Bybit users daily airdrop rewards for holding Ethena’s USDe.
Is Ethereum price about to go under $3K?
ETH price has declined 10% since the approval of spot Ethereum ETFs, with open interest depreciating by over $250 million over the past 24 hours.
98.6% of memecoins on pump.fun fail to even launch
Pump.fun crypto memecoins that make it onto Raydium have fallen since February and have remained “stagnant” at around 1.41% for months.
X suspends account that let users launch memecoins from an X post
The “makenowmeme” account on X purportedly provided a way for X users to create memecoins on Solana with a simple post.
DeFi protocol removed an important line of code that led to a $212K hack
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.
Coinbase refutes accusation it violated campaign finance laws
Describing the allegations as “misinformation” — Coinbase chief legal officer Paul Grewal said Coinbase was exempt from certain campaign finance regulations as it is not […]
Backlash as WazirX ‘socializes’ $235M loss, $10B metaverse plan for shut-ins: Asia Express
Backlash to WasirX’s “socialized loss” strategy, Philippines wants Binance off app store, Japan’s metaverse plan for shut-ins. Asia Express.