Category Archives: Blockchain

This week, spot Bitcoin exchange-traded funds (ETFs) in the U.S. experienced outflows exceeding $300 million as global macroeconomic events created uncertainty about short-term trends. Following a historically bearish September that saw over $1.1 billion in inflows, around $388.4 million was withdrawn from 12 spot Bitcoin ETF funds between October 1 and October 3. This coincided […]

In mid-August 2024, Ethereum (ETH) gas fees dropped to 0.6 gwei, the lowest level since 2019. While some view this decline with concern, it reflects broader, healthier shifts within the ecosystem. Lower gas fees indicate a decrease in mainnet transaction volume, which has resulted in reduced staking yields for validators. Additionally, the slow adoption of […]

Sudeng, a newly launched meme coin on the Sui Blockchain, surged by over 30% as the broader cryptocurrency market recovered. On October 3, Sudeng (hippo) climbed to a record high of $0.0143, marking a 180% increase from its lowest point earlier in the week. This rally coincided with a rising demand for Sui meme coins, […]

The Pi Network has recently introduced the Global Pi Influencer Program as part of its ongoing efforts to boost growth and engagement in anticipation of the Open Network phase. This initiative aims to leverage the influence of key figures in the cryptocurrency space to further enhance awareness and adoption of the Pi Network. By joining […]

Tokens in the TON ecosystem that were recently listed on major cryptocurrency exchanges have experienced a significant decline. The largest tokens by market capitalization within the TON ecosystem have seen a sharp drop in the past few days. Compared to their all-time highs (ATH), the decline has reached between 30% and 50%. Notably, many of […]

The cost of mining a single Bitcoin has significantly changed since April’s halving, and eight countries with low electricity costs have already imposed bans on BTC mining. Once a lucrative venture for early adopters, Bitcoin mining has become less profitable following this year’s halving, according to a September report by NFT Evening. For instance, in […]

Vietnamese police have successfully dismantled an international crypto fraud network, arresting several suspects involved in defrauding citizens of billions of VND. According to local news outlet Thanh Nien, the operation was orchestrated by criminals operating from the Golden Triangle Special Economic Zone in Laos. The scam lured victims into fake romantic relationships and fraudulent cryptocurrency […]

Coinbase is preparing to delist unauthorized stablecoins from its European platform by the end of the year, in compliance with upcoming MiCA regulations. The U.S.-based cryptocurrency exchange will remove all non-compliant stablecoins from its European operations as part of its effort to adhere to the European Union’s new crypto regulations, according to a report by […]

Q3 presented a challenging environment for the crypto market, characterized by low on-chain fees, an increase in Bitcoin dominance, and Ethereum’s struggles with inflation and underperformance. As Ethereum shifts from a deflationary model to an inflationary one, concerns are growing about its role as a cryptocurrency, especially in the context of rising layer 2 solutions […]

The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have urged the Supreme Court to proceed with the Nvidia securities fraud lawsuit, as outlined in an amicus brief submitted on October 2. U.S. Solicitor General Elizabeth Prelogar and SEC senior lawyer Theodore Weiman emphasized the importance of the case in relation […]