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NFT market rebounds in July, surpassing DeFi in user activity
The NFT market saw a remarkable resurgence in July, outpacing DeFi in terms of user activity, according to an Aug. 7 DappRadar report.The shift marks a significant milestone and could […]
India finds $72 million in hidden crypto income as tax compliance tightens
India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of […]
Fake Ethereum trading bots on YouTube help scammers steal over $900K
Cybersecurity firm SentinelLABS has uncovered a sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users. According to the report, the attackers use malicious Ethereum-based smart contracts disguised […]
Record compression in implied volatility sets up next big move for Bitcoin
Bitcoin’s ascent to its all-time high unfolded against a very unusual backdrop: steadily compressing volatility. While most markets tend to exhibit rising implied volatility as prices push higher, Bitcoin has […]
Franklin Templeton backs XRP ETF play in Japan with ¥300 trillion AUM
SBI Holdings has submitted applications to Japan’s Financial Services Agency for the approval of two exchange-traded funds tracking Bitcoin and XRP. The filings represent the first dual-asset spot crypto ETF […]
Key Levels and On-Chain Signals
Following its debut on major exchanges such as Binance, the TOWNS token—the native asset of Towns Protocol—is currently priced at $0.039, entering a crucial phase of consolidation. The protocol, recognized […]
Jury convicts Roman Storm on unlicensed money transmission; hung on laundering, not guilty on sanctions
A Manhattan federal jury found Tornado Cash developer Roman Storm guilty of conspiring to operate an unlicensed money transmitting business. As Inner City Press reported on August 6, the jury […]
What Is a Crypto ETF? How It Works & Why You Should Invest In It
Crypto ETFs have become an integral part of many investors’ portfolios since January 2024, sparking interest and curiosity. For seasoned investors, it’s an additional investment vehicle, but newcomers are asking, […]
Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns
Galaxy head of research Alex Thorn criticized the business model of many Ethereum (ETH) layer-2 (L2) blockchains as “ETH extractive.” In an Aug. 6 social media post, Thorn argued that L2 […]
PancakeSwap launches tokenized stock futures for Apple, Tesla, Amazon with 25x leverage
PancakeSwap has introduced futures contracts tied to major U.S. stocks, enabling users to trade synthetic versions of Apple, Amazon, and Tesla shares directly on the blockchain, according to an Aug. […]