Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The Cosmos team announced that Valence will enhance the web3 interoperability by furthering the capabilities of the Inter-Blockchain Communication (IBC) protocol.
Ethereum co-founder Vitalik Buterin will be one of the speakers, however, he remains on schedule to connect virtually.
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%.
With the Federal Reserve keeping interest rates unchanged to 5.25%, the massive outflows recorded by the US spot Bitcoin ETFs bring the total assets under management (AUM) to under $15 billion.
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.