Markets

Coinbase recently rounded up a challenging week as crypto stocks plummeted, including Marathon Digital and Riot Platforms, taking a significant hit in the widespread market crash. Crypto stocks suffered the steepest declines in a week that hit all sorts of risky assets, but Coinbase’s partial win against the SEC shines a silver lining on the situation. Amid the market chaos, new viral presale ETFSwap (ETFS) has surprisingly continued to rally on presale. This indicates growing interest...

Boston, Mass, September 12th, 2024, Chainwire New Dashboard Provides Institutional Clients with In-Depth Insights into the Polkadot Ecosystem The Tie, a leading provider of market data, news, and analytics for digital assets, launches the Polkadot Ecosystem Dashboard enabling institutional clients to access a comprehensive suite of analytics for Polkadot-based assets.   The Polkadot Ecosystem Dashboard offers a deep dive into essential metrics and insights, enabling users to understand key...

Singapore, Singapore, September 12th, 2024, Chainwire Aethir, a distributed GPU cloud computing innovator, is teaming up with Unite, a leading Layer 3 chain solution for mass-market mobile games, to empower developers and streamline Web3 game development. By leveraging Aethir’s advanced cloud technology alongside Unite’s L3 chain solution and game development framework, this partnership enhances scalability, performance, and accessibility for Web3 mobile games. Aethir’s cloud solutions...

Boston, Massachusetts, September 11th, 2024, Chainwire Hyperbridge sets a new benchmark for secure, scalable, and verifiable cross-chain communication, launching with the highest economic security in the market. The Web3 Foundation, in partnership with Scytale Digital, has led the seed funding round for Hyperbridge, a groundbreaking protocol poised to transform blockchain interoperability. This investment marks a significant milestone as the Web3 Foundation’s inaugural funding initiative,...

Orbitt MM now boosts volume for Pump.Fun memecoins, enhancing Solana projects. The integration enables new tokens to achieve attention and sustainability on Solana. Orbitt, the Solana (SOL) project accelerator, has announced a substantial enhancement to its market-making service, which now supports volume boosts for Pump.Fun Tokens for a great time. This change is expected to boost the success of the new Pump.Fun projects that benefit the larger Solana nature. Beginning September 6, Orbitt MM...

The crypto market is notorious for its highly volatile nature, with few price movements lasting much longer than a week. Bitcoin’s (BTC) influence has also significantly contributed to the relatively unstable market lately, leaving many top tokens, including Ethereum (ETH), in quite the situation. Then again, things are starting to look up for the ETH token, and a new DeFi coin is launching on the blockchain to switch things up, too. Ethereum Suffers From Bitcoin Swings The whole...

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South Korean Financial Supervisory Service (FSS) announced on Tuesday that it will start inspecting cryptocurrency exchanges to uncover illegal or unfair practices. This is the first inspection since the new Virtual Asset Users Protection Act came into effect in July. It looks for signs of money laundering and checks if new rules designed to safeguard virtual assets and record transactions are being complied with by the exchanges. According to the FSS, they plan to: “Maintain market order by...

VanEck has decided to close and liquidate the VanEck Ethereum Strategy exchange-traded fund (EFUT) after carefully considering several factors, including the fund’s performance, liquidity, and investor interest. The company has given its shareholders until September 16th, 2024, to dispose of their shares before the fund is taken off the exchange. The Board approved the liquidation of Trustees of VanEck ETF Trust on September 5, 2024. The Ethereum Futures ETF (EFUT), which is traded on the...

It’s been a crazy few weeks for DOGS (DOGS) holders. The coin’s price has rallied since its airdrop campaign ended in late August, making DOGS one of the market’s hottest new launches. And now another player is gearing up to make its mark. Pepe Unchained (PEPU) has raised over $12 million in its presale – and is preparing for its first exchange listing soon. DOGS Token Airdrop Sparks Huge Investor Hype What a wild ride it’s been for DOGS holders lately. After one of the...