NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year.
Headline
Category: Uncategorized
HashKey and Kaia partner to boost Web3 adoption in Asia
HashKey Group and Kaia collaborate post-rebrand to accelerate Web3 adoption, coinciding with the Kaia-Finschia merger and new mainnet launch.
Crypto liquidations may be way worse than data has let on, suggest researchers
“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research.
Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high
Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.
Cardano’s Chang hard fork successful as it shifts to decentralized governance
The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process.
Vitalik Buterin has radical scheme for the pseudo-decentralization of entire cities
The Ethereum creator’s utopia seems a lot like a decentralized autonomous organization, but with taxes.
Crypto losses to hacks exceed $313M in August
The two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million.
Telegram CEO cannot leave France, OpenSea receives Wells notice, and more: Hodler’s Digest, Aug. 25 – 31
Telegram CEO Pavel Durov has been placed under judicial supervision after a court appearance, OpenSea receives Well Notice: Hodler’s Digest
Telegram financial statement shows it holds $400 million in crypto
The messaging app had about four million premium users at the end of 2023.
Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined
Crypto hacks may surpass 2023’s record, with $1.2 billion already stolen, and Celsius is finally beginning to repay its creditors.