Key Points: Digital asset investments surged by $29M after a 3-week dip, driven by positive U.S. inflation data. Bitcoin leads with a $27M inflow after a $144M outflow, highlighting ongoing investor t...
News
Uniswap Fires Developer At The Heart Of FrensTech Rug Pull
Prominent decentralized exchange Uniswap has confirmed that it has fired a prominent developer over his involvement in a $25,000 memecoin rug pull. The developer in question, AzFlin, or Allen Lin, or...
AMC stock crashes as court approves APE conversion
AMC (AMC) stock tanked in early trading Monday, falling nearly 40% as investors feared further dilution of their common stock. Over the weekend, a Delaware court approved a merger between AMC and AMC ...
Coca-Cola Launches Masterpiece NFT Collection on Base
This is not Coca-Cola’s first foray into the world of NFTs. In July 2021, Coca-Cola auctioned its first-ever NFTs as a single asset. The household brand name Coca-Cola has launched its Masterpiece NFT...
BTC Bears Target $28.5K as Price Unable to Push $30K: Bitcoin Price Analysis
Bitcoin’s price movement has remained stagnant after being rejected from the critical resistance zone at $30,000. However, it is currently consolidating near a pivotal support area, which includes bot...
Web3 Funding Marketplace, Borroe, Presale Intensifies with Polygon 2.0 Upgrade
Polygon revealed its plan to upgrade to Polygon 2.0 in June. Tagging the new version as the Value Layer of the Internet, the announcement revealed that version 2.0 would be a set of proposed upgrades ...
DeFiChain Founder’s Proposal to Boost DFI Price and Demand by Over $1M
DeFiChain’s founder Dr. Julian Hosp proposes DFIP to boost DFI token value and demand by over $1 million. The proposal includes wrapping DOT, SOL, and MATIC on DeFiChain. Staking major cryptos (ETH, D...
Ethereum gains ground on Bitcoin as the bear market persists
Ethereum has gained around 300% against Bitcoin recently. BTC is trending higher than ETH YTD despite gains. Bitcoin [BTC] and Ethereum [ETH] continue to be the leading digital assets. This fact was u...
The prison SBF is locked in is the worst – Details
From luxurious resorts in the Bahamas to the grimy cells of the Brooklyn Metropolitan Detention Center (MDC), the journey of Sam Bankman-Fried (SBF) paints a bleak picture. The founder of the now-defu...
CoinDesk lays off over 40% of editorial staff to ‘ensure a financially sound business’ ahead of sale
Digital Currency Group (DCG) is laying off staff as the company tries to ensure that its expenses-to-profit ratio looks better for potential acquirers. DCG — the owner of CoinDesk — is cutting the pub...
FTX Founder Faces Brooklyn’s Notorious Hellhole: Bankman-Fried’s Harsh Reality Check?
In a U.S. District Judge Lewis Kaplan ruling, Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, has been ordered to prepare for his upcoming fraud trial from within the walls of ...
Wil YFI Price Continue Dropping?
As soon as the bullish rally for Yearn Finance (YFI) price ended, it entered into a downtrend and started to form lower lows. The bullish rally was initiated during mid-June 2023 after the price forme...
ZachXBT, Machi Big Brother defamation suit has been dropped
Jeffrey Huang dropped his defamation lawsuit against the pseudonymous crypto investigator ZachXBT over a fiery June 2022 article that accused Huang of embezzling 22,000 ether from Formosa Financial. T...
Ethereum Shines As Staking Hits All Time High, ENS Fees Surges
Despite the broader crypto market’s volatility, Ethereum (ETH) has been the talk of the town. Significantly, on August 14, Ethereum staking deposits hit an all-time high. Glassnode’s data reveals 27.4...
Stocks making biggest moves after hours: Discover, Lennar, Getty
A Discover Financial Services credit card. Scott Eelis | Bloomberg | Getty Images Check out the companies making headlines after the bell. Discover Financial Services — The financial services stock fe...
Users Can Now Connect Cardano to Bitcoin, Ethereum, BNB Chain, Polygon, Tron and 6 Others
Wanchain has launched decentralized bridges for Cardano, allowing users to transfer assets between Cardano and major blockchain networks. Wanchain has announced the launch of decentralized bridges for...
Maker Large Holders Accumulate, MKR Rally To Continue?
On-chain data shows large Maker holders have accumulated recently, a sign that the rally could extend soon. Maker Large Holders Have Continued To Expand Their Holdings Recently According to data from ...
Six White Former Police Officers Plead Guilty To State Charges For Torturing Two Black Men In Mississippi
Topline Six white former Mississippi police officers pleaded guilty to state charges of obstruction of justice and conspiracy to hinder prosecution after recently pleading guilty to 16 federal charges...
$133 Million Worth of SAND Tokens Unlocked by The Sandbox
Around 71M tokens were released to the team as per the tracker. SAND is now trading at $0.3904, down 1.15% as per data from CMC. A total of 332,000,000 SAND tokens, or around 16% of the total circulat...
What is PayPal USD, and how does it work?
By unveiling its stablecoin, PayPal is attempting to claim a share of the growing cryptocurrency market. The company says that PYUSD will be able to support quick fund transfers for various ...
Potential for some moderate renewed strength for the Dollar – MUFG
Short-term outlook is favourable for the US Dollar, according to economists at MUFG Bank. Higher US yields and diminished risk appetite to help Dollar The failure of yields to decline in the wake of t...
CoinDesk to lay off 45% of editorial staff amid restructuring: Report
Crypto media outlet CoinDesk is laying off 45% of its editorial staff in a sweeping restructuring move as its parent company Digital Currency Group (DCG) seeks to bring on strategic investors, accordi...
Crypto Friendly PayPal Has New CEO: CNBC
Alex Dovbnya Intuit’s Alex Chriss will take reigns at global payments giant Intuit’s Alex Chriss has been named the new chief executive officer of financial giant PayPal, according to a re...
Nvidia Is Still a Winner. Why the Stock Is a Buy Now—and How Far It Could Rally.
Text size Nvidia stock has already soared this year amid the AI investing frenzy. And more gains could come. Dreamstime Nvidia stock had a roaring start to the year, but has since cooled off. Now may ...
‘Sucks for Sam’ Says Martin Shkreli as Bankman-Fried Is Booked Into Brooklyn Prison
FTX founder Sam Bankman-Fried was carted off to a detention facility in New York on Friday after his bail was revoked. His accommodations will be a far cry from his parent’s home on the Stanford Unive...
Coinbase’s VP Sees Canada as a Potential Global Crypto Leader!
The post Coinbase’s VP Sees Canada as a Potential Global Crypto Leader! appeared first on Coinpedia Fintech News Cryptocurrency exchange Coinbase has expanded its services to Canadian users with the P...
2023 Bold Crypto Forecast: Monero, Stellar, and InQubeta Poised for a 1500% Growth, Claim Visionary Analysts
The cryptocurrency market, always volatile and unpredictable, is buzzing with fresh predictions from visionary analysts. As 2023 progresses, three names are drawing special attention from the investme...
Coinbase Says Canada Is Its Next ‘Go Deep Market’ As Crypto Exchange Announces New Expansion
US-based crypto exchange giant Coinbase is announcing its official expansion into the market of North America’s second-largest economy. In a new blog post, Coinbase announces its official launch in Ca...
Affyn Backs Singapore Government Initiative During F1 Singapore
Singapore-based Web 3 gaming firm Affyn is set to participate in the annual Grand Prix Season Singapore (GPSS), a 10-day event supported by the Singapore Tourism Board that culminates during the Fo...
FDIC Chair Gruenberg calls for increased oversight of large regional banks
Martin Gruenberg, the head of the Federal Deposit Insurance Corporation (FDIC), has raised the call for heightened vigilance over major regional banks in light of the recent failures of several banks,...
How a $1,000 Ethereum ICO Investment Could Have Made Millions
In the world of crypto investing, few stories capture the imagination quite like the meteoric rise of Ethereum ($ETH). From its ICO beginnings to a staggering all-time high in 2021, early investors wi...
Inside The Horrible New York Jail Where SBF is Held Ahead of His Trial
After Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York revoked Sam Bankman-Fried’s (SBF) bail on Friday, August 11, the former CEO and disgraced founder of the bankr...