Ethereum Faces Decline as L2s Thrive at Its Expense, Says Cyber Capital CEO
TL;DR Cyber ​​Capital’s Justin Bons criticizes the impact of Layer 2 (L2) solutions on Ethereum following the implementation of EIP-4844. He claims that ETH is...
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Resistance Dog Rally Boosts REDO Memecoin Value Following Pavel Durov’s Arrest
TL;DR The memecoin ‘Resistance Dog’ (REDO) increased its value by more than 140% after being adopted as an official avatar by Toncoin developers. The initiative,...
Binance Lists Eurite (EURI) with Zero Trading Fees: A New MiCA-Regulated Euro Stablecoin
TL;DR Binance list Rain (EURI), a stablecoin regulated under MiCA. The zero-fee promotion on EUR/EURI and EURI/USDT pairs will be available from August 28, 2024....
Cthulhu Stealer: New macOS Malware Threatens Users’ Cryptos
TL;DR A new malware called “Cthulhu Stealer” targets macOS users, stealing sensitive information. The malware is disguised as legitimate applications and distributed under a Malware...
Justin Sun Addresses Concerns Over $750M Bitcoin Withdrawal from USDD
TL;DR Tron withdrew $750 million worth of Bitcoin from USDD backing. Justin Sun claimed the withdrawal was due to overcollateralization of the stablecoin. Critics point...
Mt. Gox $75 Million Bitcoin Transfer to Bitstamp Sparks Fears of a Potential Sell-Off
TL;DR Mt. Gox transferred 1,264.71 BTC, valued at $75 million, to Bitstamp on August 21, 2024. The crypto market showed mixed movements, with Bitcoin falling...
Crypto Hackers Steal $700,000 from McDonald’s Instagram Account with Fake Memecoin
TL;DR Hackers infiltrated McDonald’s Instagram account and stole $700,000 with a fake memecoin. The fraudulent GRIMACE token briefly reached a value of $25 million before...
SunPump Overtakes PumpFun in Daily Revenue, Establishing Its Place in the Memecoin Market
TL;DR SunPump surpasses PumpFun in daily revenue, generating $548,000 to its rival’s $367,000. Justin Sun, founder of Tron, has been actively promoting SunPump on social...
Bitcoin Hashrate Soars: Renewed Confidence Among Miners?
TL;DR Bitcoin mining hashrate has shown a significant rebound after a recent drop. The “Hash Ribbons” signal suggests the end of a phase of miner...
Mt. Gox Transfers $75 Million in Bitcoin to Bitstamp, Signaling Potential Payout to Creditors
TL;DR Mt. Gox transferred 1,265 BTC (approximately $75 million) to the Bitstamp exchange. The transfer could signal an upcoming payment to creditors. The exchange also...