Category Archive: Cryptocurrency, No picture
Whale Watching: $94M of ETH Acquired in Seven Days
Four major ETH investors accumulated approximately $94 million worth of the digital asset within a week, as highlighted by analytics provider, Lookonchain. Whales are accumulating $ETH from the bottom! 4 whales accumulated 56.1K $ETH ($94M) in the past 7 days. – 0x3CEE accumulated 18K $ETH($30M); – 0x3478 accumulated 2K $ETH($3.4M); – 0x5bA3 accumulated 17.9K $ETH($30M); […]
FTX Eyes Novogratz’s Galaxy Digital for Asset Supervision Amid Bankruptcy Process
As FTX maneuvers through its bankruptcy proceedings, the crypto exchange considers appointing Galaxy Digital Holdings, lead by billionaire Michael Novogratz, to oversee its extensive portfolio of digital tokens, an August 23 court file read: “The Debtors [FTX] selected Galaxy Asset Management as investment adviser based on their sophistication and qualifications.” FTX is petitioning court approval […]
Tether’s Plan B Teams Up with FC Lugano: The Future of Crypto in Swiss Football
FC Lugano, a Swiss football team, has declared a sponsorship arrangement with Plan B, a venture between Tether and the City of Lugano, according to an August 24 announcement. Plan ₿ Teams up with FC Lugano. The sponsorship will feature front-of-shirt branding during international competitions and enable all tickets, merchandise, food & beverages within the […]
Rarible Defends Creators’ Royalties as OpenSea Gives Up
Key Takeaways Rarible will cut ties with OpenSea, LooksRare, and X2Y2. NFT marketplaces remove royalty fees to cut trading costs. NFT marketplace Rarible will look to fully support creator royalties and stop aggregating orders from OpenSea, LooksRare, and X2Y2 starting September 30th. Last week, OpenSea turned off its royalty enforcement and made creator fees optional. […]
Crypto Inflows Soar After BlackRock’s ETF Move
Key Takeaways Following months of continuous outflows, the trend reverses. European crypto ETPs saw their best month since 2022. Before BlackRock applied for an ETF in June, European and global crypto exchange-traded products (ETPs) saw a decline in funds, but the trend was reserved after a surge of inflows. European crypto ETPs witnessed inflows of […]
Shop Till You Drop Using USDC: Solana Pay Integrates with Shopify
Solana Labs’ decentralized payment protocol, Solana Pay, has taken a decisive step in the e-commerce sector, announcing its integration with Shopify, announced on August 23 via TechCrunch. This development will empower numerous businesses to seamlessly facilitate payments using USDC, the stablecoin closely tied to the U.S. dollar. 1/ 🛍️Shopify 🤝Solana Pay Today, Solana Pay integrates […]
Binance Labs Invests in Pendle Finance in Strategic Move in DeFi
Binance Labs, the venture capital and incubation subsidiary of the global cryptocurrency platform Binance, has announced an investment in Pendle Finance, a leading DeFi protocol focused on yield tokenization. We’re excited to announce that we’v invested in @pendle_fi! Pendle Finance is a yield derivative protocol that enables users to execute advanced yield strategies, bringing the […]
North Korea Selling $40M of BTC: Market Catastrophe or Simple Threat?
The U.S. FBI has drawn attention to a significant sum of Bitcoin, amounting to approximately $40 million, that is believed to be linked to North Korean cyber activities, according to a recent announcement: “Over the last 24 hours, the FBI tracked cryptocurrency stolen by the Democratic People’s Republic of Korea (DPRK) TraderTraitor-affiliated actors (also known […]
Beyond the Sidelines: STARZPLAY’s Blockchain Amplifies Sports Experience in MENA, Spain
In a strategic partnership with the SKALE blockchain network, STARZPLAY, a subsidiary of Starz, Inc., has unveiled a next-gen sports streaming platform, the company announced on August 22. This move aligns with the rising trend of incorporating blockchain into entertainment, offering fans a multifaceted, engaging experience. Fans in MENA and Spain can experience the new […]
Chainlink’s Oracle Network Rolls Out Scroll Foundation Developers
As DApps continue to develop and evolve, Scroll Foundation, known for its zkEVM-based zkRollup – Ethereum’s counterpart – has announced a strategic partnership with Chainlink Labs. This collaboration will accelerate the development of the Scroll ecosystem, providing builders with low-cost and reliable oracle services that allow smart contracts to automate the transfer of data between […]
