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August Chronicles Another Month of Decline as 9 of 10 Leading Stablecoins Witness Supply Contraction
31.8.2023
Over the past 30 days, nine of the leading ten stablecoins by market cap experienced declines, with BUSD witnessing the most significant dip, plunging 16.6%. As we wrapped up August, the combined value of these stablecoins hangs just below the $125 billion threshold, continuing a trend...
COTI is on the verge of making a major breakthrough
31.8.2023
It was in 2022 when COTI tied with a prime company in the gaming business for the development of a multi-feature product. It is now almost ready to be completed and is in the process of code auditing, as safety checks and penetration tests are being carried out. Since the requirement of...
Major Singapore Banks Named in $740 Million Money-Laundering Scandal in Which Police Seized Millions in Crypto
31.8.2023
Top local and international banks in Singapore have found themselves entangled in one of the city-state’s biggest money-laundering scandals, encompassing over $740 million.
Recent chargesheet filed against 10 individuals have unveiled a web of illicit financial activities that have implicated...
Play-to-Earn Meme Coin Tamadoge Begins a Major Marketing Push to Secure Top CEX Listings – Staking Launches Today
31.8.2023
Thursday, August 31, 2023 – Web3 play-to-earn (P2E) meme coin gaming platform Tamadoge is launching a major marketing push that will include the promotion of new staking and burn features as the team targets more top exchange listings.
Staking begins today, Thursday, August 31.
It is a flexible...
Vivek Ramaswamy: Grayscale win ‘clears a path’ for Bitcoin innovation
31.8.2023
The Republican candidate also pledged to rescind all federal regulations that fail the Supreme Court’s major questions doctrine test in the West Virginia vs. EPA case — a potentially positive for crypto
Major NFT Collections Post Double-Digit Monthly Losses as Floor Prices Drop
24.8.2023
Losses in the NFT markets have exceed ether’s decline, which is down 9.6% on-month
Xi Jinping: BRICS to Forge Stronger Partnership, People Do Not Long for New Cold War or Small Exclusive Bloc
24.8.2023
Chinese President Xi Jinping stated at the BRICS summit that “What people in various countries long for is definitely not a new Cold War or a small exclusive bloc.” He stressed that the BRICS group will expand and promote global multipolarity. “Hegemonism is not in China’s DNA; nor does China have...
Troubled Warhammer 40K: Darktide Is Getting A Major RPG Overhaul [Update: And Coming To Xbox In October]
23.8.2023
Warhammer 40,000: Darktide was one of my most anticipated games of 2022. I couldn’t wait to play Fatshark’s first-person shooter evolution of the rat-infested melee frenzy that was Vermintide 2. Unfortunately, it had its fair share of issues at launch, from performance frustrations on PC to...
Troubled Warhammer 40K: Darktide Is Getting A Major RPG Overhaul
18.8.2023
Warhammer 40,000: Darktide was one of my most anticipated games of 2022. I couldn’t wait to play Fatshark’s first-person shooter evolution of the rat-infested melee frenzy that was Vermintide 2. Unfortunately, it had its fair share of issues at launch, from performance frustrations on PC to...
US Dollar to Remain Major Global Currency, South Africa’s BRICS Sherpa Says
17.8.2023
BRICS plans to discuss trade in national currencies at its summit but de-dollarization is not on the agenda, South Africa’s BRICS Sherpa stated. The talks in Johannesburg next week will also focus on the expansion of the bloc of emerging economies and the diplomat doesn’t see this as a challenge...
Coinbase futures approval seen as a major win amid the SEC war on crypto
17.8.2023
The recent approval allows Coinbase to join the ranks of major derivative exchanges in the United States, CME, and CBOE
Major Chinese Filecoin Miner Accused of Orchestrating $83.2 Million Pyramid Scheme
16.8.2023
A Chinese local court has started the trial in the case of Shenzhen Shikongyun (Space-Time Cloud) Technology, a major Filecoin mining firm, for an alleged $83.2 million pyramid scheme.
The ongoing trial in Pingnan County in the Guangxi autonomous region involves the company's four executives...
DeFi Protocol Zunami Loses Over $2.1 Million in a Major Price Manipulation Attack
14.8.2023
Decentralized Finance (DeFi) platform Zunami Protocol has confirmed a price manipulation attack on its “zStables” stablecoin pools on Curve Finance, causing potential losses of over $2.1 million.
The attack is the latest among the list of protocols affected by the recent vulnerability in...
Analyst predicts major liquidation for Ethereum while DigiToads stirs up investor mania
13.8.2023
Nicholas Merten, a well-known cryptocurrency specialist with over 500,000 subscribers to his YouTube channel DataDash, has recently voiced serious worries about Ethereum (ETH). He speculates that a large liquidation event may be imminent, hurting the cryptocurrency’s price. This anxiety stems...
Fireblocks Uncovers 'BitForge' Vulnerabilities Posing Threat to Major MPC Wallets
10.8.2023
Crypto infrastructure company Fireblocks has identified a set of vulnerabilities known as "BitForge" that pose a threat to popular crypto wallets that use multi-party computation (MPC) technology.
These vulnerabilities were classified as "zero-day," meaning they were unknown to the developers...
Bitcoin Lightning Network is growing, but 3 major challenges remain
9.8.2023
The Lightning Network is growing, but liquidity issues and a need for greater user awareness continue to hinder mainstream adoption
Blockchain․com Obtains Payment License in Singapore
9.8.2023
Crypto company Blockchain․com has been granted a payment license in Singapore that will enable it to provide regulated services for digital assets. The authorization in the city-state, which is a major trading hub for the platform, is part of its efforts to comply with local regulations in...
23 Countries Apply for BRICS Membership as Leaders Prepare to Convene at Summit
9.8.2023
South Africa, the host of the BRICS summit this year, has published a list of 23 countries that have applied to become members of the economic bloc. Moreover, South African President Cyril Ramaphosa has invited 67 leaders and 20 representatives of major organizations to the BRICS summit. French...
Bitstamp to suspend trading of major altcoins for US users
8.8.2023
All the soon-to-be suspended tokens are alleged by the SEC to be securities in its lawsuit against Coinbase and Binance
Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume
7.8.2023
In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its supply over the preceding 30 days. Unstable Times...