Author: CryptooTimes
‘Pig Butchering’ Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says
Enter Huione Guarantee. It’s an online marketplace managed by a Cambodian conglomerate where anyone can post offers to buy, or sell, just about anything – including crypto. The marketplace only acts as a facilitator; other than moving money around, it doesn’t regulate who is getting the money, or where they got it from.
Pudgy Penguins, the viral Ethereum Non-Fungible Token collection, has defied the gloom in the industry in August. Data by CryptoSlam and Dune Analytics shows that its key metrics performed well even as the sector came under intense pressure. Total sales jumped by 29% in August to over $8.6 million as the number of transactions jumped by 73% to 348. Additionally, the number of buyers and sellers rose by 73% and 39% to 176 and 205, respectively. The average number of days held also rose slightly by 5% to 85.5. While Pudgy Penguins sales rose in August, they remain sharply lower…
BTC price conditions fail to improve over the weekend, and liquidity grabs could be on the menu next, one Bitcoin trader suggests.
Bitcoin rose above $60,000 during the late European morning following a sharp decline earlier this week. The largest cryptocurrency was trading around $60,350, nearly 6% below its $64,000 starting level Monday. The downward trend may now have halted ahead of another short-term rally. The broader digital asset market has fallen around 0.45% in the past 24 hours, according to CoinDesk Indices data. Ether rose about 1.35% to around $2,550 after spot ether ETFs registered inflows of $5.9 million on Wednesday, ending a nine-day losing streak.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana tokens dazzled recently, but Rollblock’s ICO and Ripple, Cardano, and Avalanche are set to lead as Solana cools. Solana tokens stole the crypto show in the recent bull run. But the new crypto ICO Rollblock, Ripple (XRP), Cardano (ADA), and Avalanche (AVAX) appear set to take over the market as investors send Solana tokens to the chopping block. Ripple XRP, ADA, and AVAX look severely oversold and undervalued, while the Rollblock (RBLK) GambleFi crypto ICO is stealing the…
The Supreme Court of British Columbia has ordered $1.2 million in damages to be paid in a Bitcoin-related loan dispute, reflecting the growing legal acceptance of cryptocurrencies.
Graphic: Kotaku / Vicky LetaIs it us, or was that the fastest August ever? Yet here we are in September already, which promises to be a highly entertaining month, starting with whatever great plans you have on tap for this Labor Day Weekend. Maybe you’ll be picking up a game from our tried and trusted Weekend Guide? Let’s start you off with a freebie first.Your daily sweet 16 words are back and ready for your best grouping efforts. The popular Connections brainbuster from The New York Times has four groups of words with a shared theme or commonality, but they’re…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
Sometimes we come across news that makes it seem is if there are real life “Grand Theft Auto” characters walking among us. Take the lead singer of an LA punk band who made his way to the other wise peaceful region of Yosemite National Park and allegedly spent the day tearing shit up in a very un-punk way. Clean A Demon’s Sex Toys In This Punk Slice-Of-Life GameThe LA Times reports that Anthony Mehlhaff — lead singer of a punk band called Cancer Christ — may have turned into a real life Trevor from GTA V on August 21. According…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. After years of hype and unfulfilled promises, the timing finally seems right for real-world asset tokenization. With conservative estimates showing a $2-4 trillion market by 2030 and more bullish predictions suggesting the market for RWA tokens could soar as high as $30 trillion over the next decade, it’s no surprise that enthusiasm is overflowing for this emerging opportunity. Before we can break open, what will certainly be the well-deserved champagne for upgrading the planet’s entire financial infrastructure?…