According to the Global System for Mobile Communications (GSMA), 49% of individuals globally access the internet from smartphones. Source: https://cointelegraph.com/news/how-mobile-technology-can-drive-mass-web3-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
CoinShares revenue surges 110% in Q2, driven by FTX claim sale
CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter. Source: https://cointelegraph.com/news/coinshares-revenue-surges-q2-ftx-claim-sale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Meme Coin DJT Falls to Nearly Zero as Dev-Linked Wallet ‘Rugs’
The Solana-based meme coin TrumpCoin (DJT), which launched in June amid a flurry of claims over its unproven connection to former U.S. President Donald Trump, has lost over 90% of its value after a sizable sale that some traders are calling a “rug pull” by developers. The DJT token, inspired by the Republican presidential candidate, experienced a dramatic 92% price…
Convergence congratulates attacker, attempts to open negotiations
The Convergence team posted a message to the Ethereum network, stating it believes the attacker ‘acted as a white hat.’ Source: https://cointelegraph.com/news/convergence-congratulates-attacker-attempts-open-negotiations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden
Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration with Swedish company Muttern Fastigheter showcases an innovative approach to enhancing energy efficiency within the industry. GDA and Muttern Fastigheter Collaborate on Sustainable […] Source: https://news.bitcoin.com/bitcoin-miner-genesis-digital-assets-launches-heat-repurposing-project-in-sweden/
Ronin ‘white hat’ attacker returns $10M in ETH after apparent accidental front-run
The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty. Source: https://cointelegraph.com/news/ronin-white-hat-attacker-returns-10-million-eth-apparent-accidental-front-run?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin traders regain optimism as BTC price aims to reclaim $57K
Traders say Bitcoin presents the “best buying opportunity” after BTC price rebounds toward the $57,000 level. Source: https://cointelegraph.com/news/bitcoin-traders-regain-optimism-as-btc-price-aims-to-reclaim-57k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FOMO HOUR 173 – ARE WE BACK?
BTC & ETH ETFs see huge $6bn of trading volume. ‘Real number’ of liquidations estimated at $7-9bn. 274k traders liquidated on move. 60% of top 50 coins now red for 2024. Trump says US should not sell crypto holdings. Bitcoin not as good a hedge as gold: Cramer. Ark buys $18m Coinbase stock in drop. Capula reports $460m BTC ETF…
Tim Walz Meme Coins Jump, Then Crash After Kamala Harris VP Pick
As reports started to circulate early Tuesday that Minnesota Governor Tim Walz had been chosen as Kamala Harris’ running mate, the prices of Walz-related meme coins soared. But the gains wouldn’t last for long. The week-old “Tem Walz” (WALZ), an intentionally misspelled Solana meme coin continuing the trend of other similar political meme coins, was the biggest winner of the…
Saylor says BTC strategic reserve is ‘Louisiana Purchase’ moment for US
Michael Saylor previously forecasted that Bitcoin will reach approximately $13 million per coin by 2045. Source: https://cointelegraph.com/news/michael-saylor-btc-strategic-reserve-louisiana-purchase-moment-us?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound