Tron (TRX) has fallen out of the top 10 cryptocurrencies by market capitalization, according to CoinGecko. This comes as meme coin traders appear to be losing interest in the network’s meme coin launchpad, SunPump. Following the launch of SunPump by Tron’s controversial founder Justin Sun, TRX climbed 24.8% to $0.168 as it broke into the top 10 cryptocurrencies. At this…
Month: September 2024
Tether stablecoin issuer and Tron launch financial crime unit
Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit. Source: https://cointelegraph.com/news/tether-tron-private-financial-crime-unit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nansen acquisition enables staking services to over 20 blockchains
Nansen expands its services by acquiring StakeWithUs, enabling users to stake assets onchain across 20+ blockchains. Source: https://cointelegraph.com/news/nansen-acquires-stakewithus-expands-staking-services?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Congressional elections critical for crypto’s future in the US
The industry has amassed a historically large war chest, but little of it will be spent on the presidential clash between Trump and Harris. Source: https://cointelegraph.com/news/congressional-elections-critical-for-crypto-s-future-in-the-us?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why Bitcoin will likely retrace to $54K before the big breakout
Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed between near $54,000. Source: https://cointelegraph.com/news/bitcoin-retrace-54k-before-big-breakout?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Was Involved in 87% of All Investment Fraud in 2023, Says FBI
Investment fraud in the United States hit an all-time high in 2023, with losses skyrocketing to $4.57 billion, with cryptocurrency-related scams emerging as the primary driver. According to U.S. Federal Bureau of Investigation’s latest annual report, crypto was involved in a record 87% of all losses and totaled $3.96 billion. AThat represents a dramatic increase from $3.3 billion in 2022…
Over 86% of Web3 professionals are confident in the future of crypto: Consensys
The surprising workforce optimism comes despite the current regulatory uncertainty ahead of the US elections. Source: https://cointelegraph.com/news/over-86-web3-professionals-confident-future-crypto-consensys?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polygon and Fabric team up to fast-track ZK-proof adoption on AggLayer
The integration of Fabric Cryptography’s Verifiable Processing Units promises faster, more secure transactions on Polygon’s AggLayer. Source: https://cointelegraph.com/news/polygon-partners-fabric-zkp-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Williams Racing, Kraken’s Rear Wing Takeover Returns With Cosmos Collection NFT Airdrop
Crypto exchange Kraken is giving NFT holders the opportunity to showcase their PFPs on Williams Racing’s United States Grand Prix livery in the second Rear Wing Takeover contest. “Last year’s takeover generated huge interest and a brilliant design, and we can’t wait to see what fans will choose this time round,” said James Bower, Commercial Director at Williams Racing, in…
Ron Paul on Musk-Led D.O.G.E. Efficiency Commission: ‘Government Efficiency’ Is an Oxymoron
Ron Paul, a former U.S. representative and presidential candidate, has stated that even when it comes from proposals from high echelons of power, government efficiency is an oxymoron. Paul explains that governments are not individuals, and can’t rationally economize, because their decisions are politically based and cannot ever be “efficient.” Ron Paul Criticizes Proposed Musk-Led […] Source: https://news.bitcoin.com/ron-paul-on-musk-led-d-o-g-e-efficiency-commission-government-efficiency-is-an-oxymoron/