August 2023 - Page 3 of 8 -

Elon & China: Possible Reasons For The Recent Market Panic

Aug 18, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Cryptocurrency prices plunged late Thursday afternoon, with BTC dropping more than 7% to $25,600 within 10 minutes, its most significant one-day drop since the FTX collapse in November of 2022. Analysts speculate that the selloff could have been triggered by a Wall Street Journal (WSJ) report revealing that SpaceX, Elon Musk’s space rocket company, sold […]

Shiba Inu Botches Shibarium Launch, $2.5M in Crypto Stuck

Aug 17, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Shibarium launch faced challenges as bridging issues resulted in $2.5 million worth of assets being trapped on-chain. The project’s lead developer claims ‘funds are safu’ and denied any bridge-related issues. Shibarium’s much-anticipated launch had a rocky start when bridging issues left $2.5 million worth of assets trapped on-chain. Shiba Inu’s anonymous lead developer, […]

Will Arbitrum Prices Dump on March 16, 2024 Due to Upcoming $1B Token Unlock?

Aug 17, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways The team and advisors, who currently hold no ARB tokens, will unlock 673.5 million ARB worth roughly $760 million at today’s prices. Additionally, notable investors such as Pantera, Polychain, Coinbase Ventures, and Mark Cuban will unlock 438,250,000 ARB tokens, worth around $495 million. Investors are already in the money, and should prices remain […]

Tether Announces Decisive Shift: Discontinues Kusama, Bitcoin Cash SLP, Omni Support

Aug 17, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Tether, the firm behind the widely-used stablecoin USDT, has announced its decision to adjust its strategic priorities. This move leads to the discontinuation of support for blockchain platforms Omni Layer, Kusama and Bitcoin Cash SLP that have been part of its ecosystem. Today #Tether announces the ending of the support of 3 blockchains $USDt: OmniLayer, […]

FTX Navigates Dispute with Genesis, Proposes $176M Settlement

Aug 17, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

FTX Trading and its CEO, John J. Ray III, is making formal moves to end a dispute with Genesis entities. Based on newly-released legal documents, the exchange is actively seeking a settlement worth approximately $176 million over customer claims against both the exchange and its affiliates: “The Genesis Entities have asserted significant claims against the […]

Avalanche Foundation Grants Dexalot up to $3M Incentive

Aug 17, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Dexalot, the decentralized exchange with a unique central limit order book (CLOB) feature, has recently come under the spotlight as it secures a substantial incentive from the Avalanche Foundation. The foundation will provide up to $3 million in AVAX, drawn from its comprehensive Multiverse program. Subnet Season is in full swing!@Dexalot is the newest recipient […]

Digital Finance Overhaul: Republic’s Wallet Sets New Standard

Aug 17, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Republic, digital finance company based in New York, has announced the launch of the Republic Wallet. This integrated digital wallet promises to reshape the investment landscape for its global community, according to an August 17 announcement. 👋 Meet Republic Wallet 🌐🔐 Today, we’re excited to unveil the ultimate tool for you to manage your digital […]

PayPal’s PYUSD Stablecoin to be Integrated in Bybit’s Spot Trading

Aug 17, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Bybit, a major cryptocurrency exchange, has recently revealed its plans to welcome PayPal’s PYUSD stablecoin to its Spot trading platform, with the official date to be announced later. This aligns with a broader shift observed in the digital financial landscape, especially considering PayPal’s recent concerted efforts to strengthen its cryptocurrency profile with PYUSD, following PayPal’s […]

Valkyrie Seeks SEC Approval for Ether Futures ETF

Aug 16, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Asset management giant Valkyrie has filed an application with the SEC for an Ether futures exchange-traded fund, according to an August 16 filing. This announcement follows Valkyrie’s previous endeavors of filing for a spot Bitcoin ETF. Valkyrie just filed for an Ether Futures ETF, which is in addition to their 497 filing to do name/strategy […]

Coinbase Steps Up, Securing Approval for Listing US Crypto Futures Trading

Aug 16, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Coinbase, the leading cryptocurrency exchange has secured regulatory approval from the National Futures Association (NFA) to function as a Futures Commission Merchant (FCM), according to a press release. This means that eligible US customers can soon anticipate access to crypto futures directly through Coinbase’s established platforms. The National Futures Association, a CFTC designated SRO, has […]