The crypto fear and greed index dropped to the fear zone of 34 this week as Bitcoin and other cryptocurrencies experienced their worst week of the year. Bitcoin moved below $26,000, while Ethereum, Cardano, and Oasis Network also slipped, bringing the total market cap to $1.02 trillion. The fear and greed index is one of […]
Nathaniel Chastain, the former head of product at the NFT marketplace OpenSea, has been found guilty of insider trading and will spend three months in jail. Prosecutors argued that Chastain had bought numerous non-fungible tokens before they were featured on the platform’s home page and later sold them at much higher prices. Chastain maintained that […]
Optimism (OP) surprised crypto market participants twice in the last 24 hours. The token’s price dropped from $1.56 to $1.52, but then shot up from $1.521 to $1.600 in only three hours. Despite the recovery, the token is still low compared to the $1.80 level it saw at the beginning of August.Crypto token Optimism (OP) […]
XRP20, a yield-bearing token launched on Uniswap decentralized exchange on Tuesday, August 22, has seen a trading volume of over $1 million. The token mirrors the 100 billion supply of XRP but has no affiliation with Ripple, the issuer of the XRP token. The XRP20 project’s innovative stake-to-earn utility is funded by allocating 40% of […]
European and global crypto exchange-traded products (ETPs) saw a reversal of their declining funds trend in June, with inflows totaling €150 million (about $160 million) in Europe and $610 million worldwide. This marked the best performance for European crypto ETPs since March 2022. The surge of inflows almost balanced out the €100 million outflows in […]
Coinbase, a major U.S. crypto exchange, has recently launched its own blockchain project called Base. One of its applications, Friend.tech, has become increasingly popular, with over 100,000 users and generating more than $25 million in fees. Friend.tech allows users to purchase shares of X (Twitter) influencers and was recently funded by the crypto-focused venture-capital firm […]
Kresus Labs has launched its decentralized applications (dApps) marketplace for the Polygon ecosystem, powered by the Meroku Protocol. The Kresus Marketplace is integrated into the Kresus SuperApp, allowing users to easily access, navigate and explore the Polygon ecosystem. Popular dApps include DeFi, GameFi, social networks and digital identities.The Kresus SuperApp has a UX that is […]
Near Protocol, a blockchain operating system, has recently announced a strategic integration with leading crypto exchange Nexo. This collaboration allows Nexo users to deposit and withdraw NEAR tokens on the exchange platform. Additionally, Near Protocol has partnered with Tokenproof, a startup specializing in connecting brands and audiences through token-based experiences. This integration into the Near […]
Shiba Inu’s (SHIB) layer-2 scaling solution, Shibarium, is set to reopen to the public after experiencing technical difficulties last week. The project’s lead developer, Shytoshi Kusama, has announced that testing and tweaks of Shibarium have been successful in preventing the network issues that caused its closure.Kusama has also enabled a new monitoring system and additional […]
Balancer Labs recently announced a critical vulnerability report affecting a number of V2 Pools. The firm took action to secure the majority of the total value locked (TVL) but some funds remain at risk. Users were advised to withdraw from affected liquidity pools immediately.The project reassured users that the majority of funds on Balancer are […]
