Developer activity has reached a new elevated level: the highest since the start of the year before the crisis Developer activity on the Ethereum network has climbed to a seven-month high. Historically, increases in blockchain development have often signaled the medium-term trajectory of the corresponding cryptocurrency. In that context, the recent uptick in Ethereum developer … Read more

The crypto space in the U.S. remains largely unregulated for now. Brian Armstrong, CEO of leading cryptocurrency exchange Coinbase, said that multiple regulators will likely be needed to oversee the crypto industry. He made these remarks during a recent podcast interview. Armstrong suggested that cryptocurrencies are unlikely to be regulated solely by the U.S. Securities … Read more

Personal data of 258 victims stolen from six public and financial portals. BTS star Jungkook targeted in an attempted theft of HYBE shares worth 8.4 billion won. 21.3 billion won stolen in virtual assets; 12.8 billion won recovered by police. South Korean authorities have dismantled an international hacking ring in one of the country’s largest … Read more

Ethereum price fell more than 7% as bears pushed below $3,000, hitting $2,940. With selling pressure rising, bears could target lows near $2,300. BitMine continues accumulating ETH, and analysts say declines are being used as buying opportunities. Ethereum’s price dropped roughly 7% over the past 24 hours and looks set for further losses as bulls … Read more

The leading cryptocurrency underperformed over the past 24 hours and may face further losses. Bitcoin has underperformed during the last 24 hours, losing more than 5% of its value so far today. As a result of this recent decline, BTC has fallen below the $40,000 area for the first time in over two weeks. Market … Read more

Trump’s World Liberty Financial (WLFI) plans to launch a dollar-pegged stablecoin after raising $14 million. The project faces hurdles, having reached only 4.7% of its $300 million token sale target. Trump opposes a U.S. CBDC and pledges to ban government-issued stablecoins if re-elected. Donald Trump’s World Liberty Financial (WLFI) is preparing to enter the cryptocurrency … Read more

PancakeSwap (CAKE) rose 64.58% today, reaching an intraday high of $3.16. The revival of the Binance ecosystem provided a major boost to PancakeSwap. Whale movements signal optimism for the CAKE price. The native token of PancakeSwap, CAKE, saw a significant rally. According to CoinGecko data, the token jumped from an opening price of $1.92 to … Read more

Poodlana, a rapidly growing Solana meme coin, is set to list on the Raydium exchange this Friday after completing one of the most successful token sales of the year. Token launch for Poodlana approaches With only four hours remaining in the sale, the team has raised over $7.9 million from investors — a figure that … Read more

The big headline at the start of the week was the British pound, which fell to a historic low after new Prime Minister Liz Truss announced a package of tax cuts. Investors feared the move would undermine confidence in the pound, and the sell-off pushed its value down to a record low of $1.03. Headlines … Read more

Following Germany’s recent update to its crypto regulations, reports suggest South Africa may be preparing its own new rules. Early indications, however, point to South African measures that could be significantly stricter than the German approach, with potential consequences for domestic cryptocurrency users and businesses. “Law gavel and golden Bitcoin” (CC BY 2.0) by wuestenigel … Read more