$BITWISE acquires ETC Group, pushing AUM past $4.5B. This move includes Europe’s largest physical Bitcoin ETP and bolsters Bitwise’s European market presence, enhancing product offerings and expertise. #Crypto #Bitcoin
Shiba Inu unveils ShibHub, a super app for earning, learning, and connecting on Shibarium’s Layer-2 platform. Key features: customizable dashboards, NFT marketplaces, and DeFi/Web3 gaming integration. Despite advancements, $SHIB token prices see a slight decline.
Nigeria to implement balanced crypto tax law in September 2024. The regulation aims to tax crypto companies and protect Nigeria’s financial system, while controversy with $BNB over alleged financial misconduct intensifies. #Crypto #Nigeria #Finance
? Massive $238M Bitcoin theft rocks crypto community. 4,064 $BTC stolen, moved across platforms like $THOR, $KCS, and Avalanche Bridge. Despite speculation, sleuth ZachXBT dismisses Lazarus Group involvement. 2024 sees crypto scam losses soar 293%, totaling $1.5B.
$BTC forecasted to hit $64K by August’s end, trading above $58K. $ETH faces potential dip below $2300 amid market volatility. Experts stress patience for optimal gains in this bullish yet unpredictable crypto landscape. #Bitcoin #Ethereum #CryptoNews
$USDT launches on @Aptos_Network, enabling cost-effective transactions and boosting DeFi activity. Aptos recently hit 326M daily transactions, showcasing its scalability and potential to revolutionize blockchain finance.
? Cybersecurity Breach: @AvaLabs COO Luigi D’Onorio DeMeo’s X account hacked, promoting $PIKA meme coin. Market cap surged to $388,570 before crashing 99%. Phishing links for Avalanche token giveaways also posted. No official statement yet. #Crypto #Cybersecurity
Ethereum co-founder @VitalikButerin transferred 400 ETH ($1.05M) to privacy-focused mixer Railgun on Aug. 19. Over ten months, Buterin has moved 662 ETH ($1.91M) to Railgun, highlighting the growing importance of privacy solutions in crypto.
Solana ($SOL) faces record $39M outflows amid ETF approval uncertainty, while Bitcoin ($BTC) sees $42M inflows, showcasing investor confidence. Ethereum ($ETH) experiences mixed results with $4.2M inflows but $118M outflows from Grayscale products.
El Salvador mines 474 $BTC using geothermal energy from Tecapa volcano since Sep 2021, dedicating 1.5 MW of capacity. The country holds 5846 $BTC and has $1.62B for Bitcoin City. Partnerships include @FoundryServices, @Antpoolofficial, @ViaBTC, @F2Pool_official, and @BinancePool.
Tether expands $USDT to the Aptos blockchain, leveraging its advanced technology. Daily active users on Aptos rose to 170K, and $APT surged 3% to $6, with a 51% spike in trading volume in the past 24 hours.
ASIC shuts down 7,300 scam websites, including 615 crypto schemes, to combat $1.3B annual fraud losses. ASIC disrupts 20 fraudulent sites daily, vital for protecting Australians’ financial well-being in an evolving digital landscape. #CyberSecurity #OnlineSafety
Colorado Chapel @HouseOfPrayer launches $2.5M blockchain initiative to purchase Old Stone Church. Pastor Blake Bush cites divine inspiration for using Stone Coin tokens ($500 each, $1500 minimum investment) via Retokens. #Blockchain #RealEstate #Innovation
“Bitcoin mining stocks lag despite BTC’s early 2024 surge. $MARA and $RIOT down 30-50% YTD. Historically, mining stocks outperform BTC in bull runs. @ecoinometrics indicates they are undervalued, hinting at potential gains with the next BTC halving.”
