Author archive: New

WazirX hacker transfers $6.5 million in Ether to Tornado Cash as the second phase of INR withdrawals begins. The hack on July 18 resulted in a theft of $230 million, resulting in a trading halt and frozen withdrawals. WazirX is struggling with legal problems and ongoing investigations. In a recent twist...

Bitcoin ETFs have seen net inflows of $5 billion, while Ether ETFs have seen net outflows of $500 million. BlackRock's IBIT leads with over $224 million in a single day and currently holds over 350,000 BTC. Ether ETFs have taken a hit due to liquidity issues and Grayscale's $2.5 billion outflows.

Japanese investment firm Metaplanet has announced a partnership with SBI VC Trade, a subsidiary of financial services giant SBI Group. The partnership will strengthen Metaplanet's Bitcoin strategy, including compliance. Metaplanet has acquired 360 Bitcoin (BTC) as it strives to become 'Asia's MicroStrategy'. In an announcement on September 2, Metaplanet stated that...

# Interest rate cut by the US Federal Reserve increases interest in Bitcoin and cryptocurrencies The interest rate policy of the US Federal Reserve, also known as the Federal Reserve (Fed), has far-reaching implications for the economy and financial markets. Arguably one of the most notable consequences is the growing interest in Bitcoin and other cryptocurrencies. In this blog post, we want to explore the...

Bitcoin Dog's token 0DOG surges after launching a high-APY liquidity pool. The growing interest in Bitcoin in the U.S. is boosting the value of 0DOG in the context of overall market trends. Despite a surge in demand in the US, global demand for Bitcoin and profits remain weak. The cryptocurrency market is full of...

Vitalik Buterin clarifies that the ETH sales were for projects and charity and not for profit. Three years ago, he held 325,000 ETH, now he owns 240,000 ETH. Buterin has also defended Ethereum's support for DeFi, despite criticism from some in the industry. Ethereum co-founder Vitalik Buterin has...

Coinbase has made its first AI-to-AI crypto transaction using AI tokens on its developer platform. The AI agents used crypto wallets to transact with AI tokens, bypassing the traditional financial world. This represents a step towards autonomous, AI-driven economies and AI-supported payment systems. This week, the cryptocurrency world made significant progress as Coinbase, a...

Bitcoin fell to lows of $57,700 on Coinbase as prices declined during the U.S. trading session. Analysts are predicting further weakness and here's what they say. At the time of writing, Bitcoin (BTC) was trading at about $58,486 on major crypto exchanges. The price of the digital...

Binance will support Cardano and Polygon's upcoming network events in September 2024. Cardano has scheduled its Chang hard fork for September 1, and Polygon will begin the transition from MATIC to POL on September 4. Crypto exchange Binance has announced that it will cancel the upcoming network upgrades for Cardano (ADA) and Polygon (MATIC).

FLOKI is down 17% after an inactive whale transferred 15.22 billion tokens to Binance. The reactivation of the whale after 2.5 years triggered panic and violent sales transactions. FLOKI's weak technical indications point to further declines as the broader crypto market struggles. FLOKI, one of the largest...