Following Kamala Harris’s decision to select Minnesota Governor Tim Walz as her running mate, a new meme coin on the Solana blockchain emerged, named tem walz (WALZ). The token experienced a spike on Tuesday, coinciding with Harris’s announcement, with its market cap nearly touching $1 million. However, today, the market valuation of WALZ has decreased …
Continue reading “WALZ Meme Coin Skyrockets After Harris’s VP Pick – Now It’s on a Downward Spiral”
A widely followed analyst believes Bitcoin (BTC) will spark a furious rally to regain all of its losses over the past week. Pseudonymous analyst The Crypto Dog tells his 806,500 followers on the social media platform X that he sees a swift Bitcoin recovery following its collapse from $70,000 to a six-month low of $49,000. …
A widely followed crypto analyst believes that one digital asset sector is going to have a massive revival this market cycle. Pseudonymous crypto trader Kaleo tells his 643,400 followers on the social media platform X that a bullish resurgence is likely for non-fungible tokens (NFTs). “I’m one of the crazy people that still believe NFTs …
Former President Donald Trump has reiterated that he doesn’t think the US government should be selling its seized crypto. The Republican nominee shared his thoughts on crypto during a livestream interview with the influencer Adin Ross on Monday. “It’s a very modern currency. It’s a very modern form. I know a lot of very good …
Crypto giant Grayscale is launching new trusts for machine learning marketplace Bittensor (TAO) and smart contract platform Sui Network (SUI). In a new press release, the world’s largest crypto asset manager says it’s launching the new products due to growing consumer demand for diversification. “Grayscale Bittensor Trust is solely invested in TAO, the token underpinning …
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The U.S. Federal Bureau of Investigation (FBI) issued a warning to crypto traders last week about scammers who steal funds by posing as exchange employees. The FBI notes that these fraudsters will contact victims and pretend there are problems with their exchange accounts. The scammers, acting like exchange employees, will stress urgency, often claiming a …
Arbitrum said it has collaborated with stablecoin issuer Circle to support the use of bridged USD Coin (USDC) as a custom gas token for Orbit Chains, according to an Aug. 7 statement shared with CryptoSlate. The Ethereum-based scaling solution stated that this development is part of a broader set of initiatives it is currently pursuing …
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Grayscale has introduced two new crypto investment trusts, focusing on the Sui blockchain and the decentralized AI network Bittensor, according to an Aug. 7 statement. The Grayscale Bittensor Trust will invest in Bittensor’s native TAO token, while the Grayscale Sui Trust will focus exclusively on Sui’s SUI token. Rayhaneh Sharif-Askary, Grayscale’s Head of Product & …
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Quick Take Farside data shows that the top 11 Bitcoin mining companies, ranked by market capitalization, have announced their July miner production, showcasing a monthly increase of 10.9%, totaling 3,217 BTC. Leading the pack is Marathon Digital Holdings (MARA), which mined 692 BTC, followed by CleanSpark (CLSK) with 494 BTC, and Core Scientific (CORZ) with …
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The International Monetary Fund (IMF) conceded that the potential risks tied to El Salvador’s adoption of Bitcoin as legal tender have not materialized. On Aug. 6, the financial regulator’s team, led by Raphael Espinoza, revealed progress in its discussions with El Salvador about supporting the country with financial programs. This development follows over two years …
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DeFi protocol Li.Fi has announced its expansion into the Solana ecosystem, aiming to enhance user experience across decentralized applications (dApps) by facilitating cross-chain interactions, according to an Aug. 7 statement shared with CryptoSlate. Phillip Zentner, the CEO and Founder of Li.Fi emphasized the significance of this expansion, pointing out that it would allow the protocol …
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Polymarket’s crypto prediction markets failed to anticipate Kamala Harris’s selection of Minnesota Governor Tim Walz as her vice-presidential running mate, favoring Pennsylvania Governor Josh Shapiro. Despite Walz being a longshot, with odds fluctuating between 15% and 25% on Polymarket, Shapiro maintained a dominant position with a 65% chance of being chosen since the end of …
Continue reading “Traditional betting beat Polymarket on Walz VP pick favoring pro-Bitcoin Shapiro”
Ripple (XRP) is looking to boost blockchain technology adoption in the Middle East through a partnership with the Dubai International Financial Centre (DIFC) Innovation Hub, according to an Aug. 7 statement. The collaboration aims to promote blockchain and crypto adoption by linking developers, early-stage companies, and traditional large institutions with the DIFC Innovation Hub. This …
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Grayscale Investments has announced the launch of two new cryptocurrency investment trusts—Grayscale Bittensor Trust and Grayscale Sui Trust. These new offerings aim to provide accredited investors with targeted exposure to the burgeoning fields of decentralized artificial intelligence (AI) and scalable blockchain technology. Grayscale Rolls Out Bittensor and Sui Trusts for Accredited Investors According to Grayscale, …
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Ronin Network stated that digital assets worth $12 million, siphoned by so-called white hat hackers on August 6, were returned in full the same day. The Ronin team mentioned that they paused the bridge approximately 40 minutes after the first on-chain action was detected. The team also assured users that their funds were “safe and …
Continue reading “Ronin Network Reclaims $12 Million in Stolen Digital Assets”
