New York Judge Approves $12.7B FTX-Alameda Settlement.
On August 7, 2024, U.S. District Judge Peter Castel made a historic ruling by approving a $12.7 billion settlement for creditors of the collapsed crypto exchange FTX and its affiliate,…
Harris and Trump Tied at 49% Odds on Polymarket Platform.
Harris’s odds have surged from 30% to 49%, tying with Trump and J.D. Vance, who campaigned in Michigan with Harris and Walz. Vice President Kamala Harris and former President Donald…
Crypto Dip Buying Continues as Binance Sees $2.4B Inflows.
Crypto investors are still buying the dip following this week’s massive market rout, and this can be seen in exchange flows.On Aug. 8, on-chain analytics platform Lookonchain reported that the…
Bitcoin’s $20K Drawdown in August Leaves Short-Term Holders Reeling.
August saw a major market sell-off, affecting equities and digital assets, triggered by a “correlation-1” event. Periods of widespread decline in global markets are usually rare, happening during times of…
Bitcoin Wallet From Satoshi Era Awakens After 11 Years, Transfers $14 Million.
A Bitcoin wallet dormant since 2010 activated recently, moving around $14 million to five separate wallets. After 11 years of dormancy, a Bitcoin wallet belonging to a miner, dating back…
DeFi Protocol Nexera Hacked for $1.5 Million Today.
The Nexera protocol has fallen victim to a $1.5 million hack. Nexera, a DeFi platform designed to connect traditional finance with blockchain innovations, experienced a severe vulnerability on August 7,…
Bitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?
With BTC having hit its lowest price since mid-February and still facing the risk of further decline, Bitfinex analysts think altcoins may be hit the most. The ongoing turmoil in…
Crypto Market Cycle Indicator Shows Bear Signs But Here’s Why You Shouldn’t Worry.
A bull/bear market cycle has just flashed a ‘bear’ signal following changes in on-chain metrics, but there’s no need to panic just yet.In a post on X on Aug. 6,…
Bitcoin Could Hit New All-Time High if It Stays Above This Level: CryptoQuant
CEO CryptoQuant CEO Ki Young Ju warned of a potential bear market unless bitcoin maintains current levels for the next week or two. His optimism persists in the crypto market…
SEC Requests Court to Deny Coinbase’s ‘Broad’ Subpoena Request.
SEC lawyers argue Coinbase is overstepping by demanding emails from its chairman as the exchange battles ongoing. The U.S. Securities and Exchange Commission (SEC) has asked a New York court…