Crypto news

The end of last week was a lot more eventful as the primary cryptocurrency dumped hard by over $3,000 in hours to see its lowest price tag in over two months at just over $25,000. Then came the recovery attempts that saw BTC regain around a grand. However, not much has happened to bitcoin’s price since then, as the asset calmed at around $26,000. The only exceptions were on Wednesday when it dropped suddenly by over $500, and yesterday. Thursday saw a more notable price jump...

Following successful private testing, the highly anticipated Shibarium (L2) update is scheduled for public release, creating excitement among the community, with some fortunate members having already received bridged $BONE tokens. The news comes after Shiba Inu’s team confirmed the smooth operations of the platform, which is now awaiting its public debut. Since its start, Shibarium has processed over 22 million transactions from a large number of wallets in just four months....

CoinspeakerAlibaba Unveils Two Open-Sourced AI Models that Understand Images  Alibaba revealed its intention to provide the two AI models as open-source solutions to the global community. Alibaba Unveils Two Open-Sourced AI Models that Understand Images 

Could bitcoin put an end to censorship? According to a new study conducted by Ville Kokkomaki of the Abo Akademi University in Finland, the answer is “yes.” Bitcoin: The Worst Enemy of Censorship? Censorship is a bad thing no matter how you look at it. Countries like the United States, for example, are free and have the status they have because they permit free speech (at least they used to – ask any conservative if they’re allowed to speak freely and they’ll...

CoinspeakerShares of Watches of Switzerland Plummets 30% as Rolex Acquires Bucherer Watches of Switzerland Group has undergone rapid expansion in recent times, establishing itself as a dominant force in the global market. Shares of Watches of Switzerland Plummets 30% as Rolex Acquires Bucherer

CoinspeakerHashKey to Launch Crypto Trading Services in Hong Kong on August 28 As part of its preparation for retail trading next week, HashKey has implemented stringent Know Your Customer (KYC) protocols to ensure compliance and security.  HashKey to Launch Crypto Trading Services in Hong Kong on August 28

CoinspeakerBinance Taps into Low-Cap Crypto Projects to Boost Platform’s Trading The exchange has also inquired about the market makers' information and their willingness to allocate up to 5% of their circulating tokens to Binance's saving pools, in exchange of earning interest. Binance Taps into Low-Cap Crypto Projects to Boost Platform’s Trading

CoinspeakerARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF Both companies are also planning to launch three types of Bitcoin Futures ETFs. ARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF

CoinspeakerPepe Coin’s Price Plummets 20% amidst Significant Wallet Movements and Security Concerns In total, more than 16 trillion tokens were moved on Thursday, August 24, which had a noticeable impact on the market. The amount represents 3.8% of the token's total market supply. Pepe Coin’s Price Plummets 20% amidst Significant Wallet Movements and Security Concerns

CoinspeakerFTX Faces Cybersecurity Breach amid Bankruptcy Proceedings FTX highlighted the pressing concern of potential fraudulent activities and scams and advised users to exercise heightened caution against any emails or communications that may impersonate parties involved in the bankruptcy proceedings. FTX Faces Cybersecurity Breach amid Bankruptcy Proceedings