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The NFT market faced a significant reduction in trading volumes as compared to the 2021 bull market when the popularity of these tokens was at its peak.
The filing also reflected the sentiments of many FTX customers who feel disillusioned, viewing the bankruptcy process as a “second act of theft”.
Bitcoin’s decline triggered a chain reaction, impacting other cryptocurrencies, including Ethereum, which dropped 2.18% to around $3,440, while meme coins like Shiba Inu, PEPE, Dogwifhat, and Floki fell over 10%.
Garlinghouse’s recent comments, as much as they seem like mere predictions, could also be a rallying call for crypto firms and investors to flock into politics.
HashKey also announced an airdrop event in late June that aims to reward those who have contributed to the firm’s ecosystem.
The recent notable cash outflows from US-based spot Bitcoin ETFs have increased overall crypto fear leading to ongoing altcoin selloff.
Industry experts are trying to figure out the origins of a Solana-based meme coin DJT and the moniker “Trump coin”. DJT is the stock symbol of Truth Social, Donald Trump’s own social media platform.
Financial and social media supporters of the Vatican Library will receive NFTs in a new experimental project.
The native token of Aave (AAVE) has experienced an 8% decline in the past 24 hours, despite the fundraising efforts disclosed by the CEO of the parent company.
In addition to the forced vesting structure, Ethena Labs has rolled out staking options for users looking to earn passive income within the ecosystem.
Uphold’s announcement follows similar actions from other popular exchanges, including Binance, Kraken, OKX, and others.
zkEVMs are tailored specifically for Ethereum Virtual Machine (EVM) environments but zkVMs on the other hand, are virtual machines that leverage ZK proofs for DApps.
While Hyun-Sung has denied helping Kwon deceive investors, Kwon is still awaiting trial for the collapse of the blockchain, which instigated the 2022 crypto market winter.
USD-pegged stablecoins could help the US maintain an hedge over the rising dominance of the Chinese yuan, said former House Speaker Paul Ryan.
FLOCKA adds to the growing list of celebrity-endorsed meme coins, a trend that has gained momentum in the past few weeks.