WazirX, the Indian cryptocurrency exchange, had scheduled a maintenance period to restore account balances and reverse specific trades following a major security breach. WazirX made this announcement on its social media platform, X. The maintenance occured from 6 p.m. on August 15 to 2 a.m. IST on August 16, during which all services on the platform were temporarily unavailable. The attack happened on July 18 and led to the theft of $234.9m worth of cryptocurrency assets. This hack was...
Read More »Spot Bitcoin ETFs See $81 Million Exit, Ending Two-Day Positive Flow Streak
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a significant outflow on Wednesday, with $81.36 million leaving the products, according to data from SosoValue. This marked the end of a two-day streak of positive inflows. Among the funds, BlackRock’s IBIT, the largest spot bitcoin ETF by net assets, saw a net inflow of $2.68 million. Franklin’s EZBC also reported an inflow of $3.42 million, its first since July 22. These two were the only funds to register inflows on Wednesday. In...
Read More »Ethereum Gas Fee Slumps to Lowest Level in Five Years: Data
Gas fees on the Ethereum network have been declining since March 2024, but last week, they hit a level not seen in the past five years. Data on the crypto analytics platform Dune shows that the median Ethereum gas fee fell below 2 gwei last week for the first time since 2020. Median Ethereum Fees Plummet Since August 3, the median Ethereum gas fee has been falling below 2 gwei. Although the figure has recorded subsequent spikes, those upticks have only been momentary as the...
Read More »Pepe Unchained Breaks $9M Barrier in ICO, Analyst Backs PEPU to Explode
Pepe Unchained, the latest meme coin to trend on social media, has raised over $9 million in its ICO. Investors are scrambling to get on board early – and one analyst is even expecting the Pepe Unchained (PEPU) token to explode when it launches later this year. Pepe Unchained Plans Lightning-Fast Layer-2 Blockchain for Meme Coins Pepe Unchained is generating huge buzz right now. This froggy coin is introducing something new with its very own Layer-2 blockchain, “Pepe Chain.”...
Read More »Is it too Late to Get Into Neiro Ethereum? Expert Says Base Dawgz Could Give Similar Gains
Neiro Ethereum (NEIRO) has been one of the few bright spots in the meme coin market lately. However, given the explosiveness of NEIRO’s rally, some investors are feeling like they might have missed out. Meanwhile, all eyes are on Base Dawgz (DAWGZ) as the next meme coin contender – with one expert suggesting it could follow in NEIRO’s footsteps. Neiro Ethereum Climbs the Crypto Ranks with $205M Market Cap Neiro Ethereum is the talk of the crypto market. And it’s easy to see...
Read More »Trump’s Crypto Holdings Revealed: Former President Now Owns Millions in Ethereum
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Read More »Bitcoin Price Attempts Further Bullish Recovery Catalyzed by Rising Stablecoins Supply on Crypto Exchanges
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Read More »Crypto Markets Gear Up for Volatility ahead of $1.86B Bitcoin and Ethereum Options Expiry
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Read More »ETH Whale Moves Another 5,000 ETH Gained During ICO to Exchange
An ETH whale moved 5,000 ETH worth about $13 million to OKX on August 12. They had acquired these assets in 2014 during ETH’s ICO for just $0.31 a pop. With that transfer, this whale has moved 48,500 ETH, or $154 million, in the past 35 days, according to data from Etherscan. A whale is a colloquial term used by those in crypto circles to refer to a user holding massive amounts of crypto in their wallets. This user’s wallet address, likely a GnosisSafe one, moved the funds to OKX’s deposit...
Read More »MetaMask Launches Game-Changing Debit Card for Direct Crypto Spending
MetaMask Card enables direct crypto spending via Mastercard, streamlining transactions. Initial rollout is limited to the EU and UK, with plans for broader global expansion. MetaMask, a widely used Ethereum wallet and gateway to the decentralized web bridges the gap between blockchain technology and daily transactions. Is now teaming up with Mastercard and Baanx to launch the MetaMask Card, the first-ever debit card which enables users to spend cryptocurrency directly from their MetaMask...
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