Altcoin Financial News

15.08 / 04:35

business regulation Altcoin Fraud FTX Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case

Former FTX executive Ryan Salame will reportedly avoid testifying about his role in FTX’s alleged illegal campaign donation scheme if he is subpoenaed in Sam Bankman-Fried’s criminal trial.

14.08 / 15:09

Altcoin Tokens Metaverse Metaverse project The Sandbox unlocks $133M worth of tokens

Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND tokens, which is around 16% of the digital asset’s current circulating supply. The unlocked tokens are worth around $133 million at the time of the unlock.

14.08 / 01:21

Ethereum Stablecoin defi Hackers hacks Altcoin Curve Finance Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated

Decentralized finance protocol Zunami Protocol has confirmed it has encountered an attack on its “zStables” pool on Curve Finance.

13.08 / 21:03

markets Altcoin Uniswap Price Analysis Bitcoin Bitcoin Price Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC

Bitcoin (BTC) is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is that the price is sustaining above the 20-week exponential moving average ($28,072). This suggests that the bulls have not lost their grip.

12.08 / 17:25

regulation Altcoin Taxes Bitcoin Brazil's Congress moves to levy higher taxes on cryptocurrencies

Brazilian lawmakers are moving forward with a legislation that would raise taxes on cryptocurrencies held overseas. According to local reports, a congressional committee has approved amendments to a bill that recognizes cryptocurrencies as "financial assets" for tax purposes in foreign investments.

10.08 / 18:23

defi Hackers hacks Altcoin Curve Finance Returns Binance invests $5M in Curve token as hacker partially returns funds

Binance Labs, the venture arm of cryptocurrency exchange Binance, has invested $5 million in Curve (CRV), the namesake token of the decentralized stablecoin trading platform.

10.08 / 17:47

business Stablecoin Altcoin Circle Usd Coin Deal Circle preps $1B war chest to deal with market threats from PayPal and others

Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition from the traditional finance and technology industries, said CEO Jeremy Allaire.

10.08 / 03:21

business Blockchain Adoption defi Microsoft Altcoin Deal Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain

Aptos (APT), the cryptocurrency powering layer-1 blockchain Aptos Network, is up approximately 11.6% since announcing it will leverage Microsoft’s suite of artificial intelligence tools to advance Web3 adoption among banks and financial enterprises.

09.08 / 22:17

business Law Ripple regulation Altcoin SEC SEC to seek interlocutory appeal in Ripple Case

The United States Securities and Exchange Commission has filed a letter of intent to request an interlocutory appeal to Judge Analisa Torres’s July 13th summary judgment in its ongoing legal battle against Ripple Labs.

09.08 / 13:43

ETF Altcoin Analysis Altcoin Watch BitPay Bitcoin Price Why is Shiba Inu price up today?

The price of Shiba Inu (SHIB) is up today amid a broader crypto market upswing and a supportive fundamental factor.

09.08 / 13:43

Law regulation Altcoin ICO EOS Court creditors settlement EOS Foundation urges creditors to reject $22M Block.one settlement

Amid the approaching deadline for opting out of the current $22-million settlement with Block.one (B1), the EOS Network Foundation (ENF) has called on plaintiffs to drop the lawsuit.

09.08 / 05:59

business Law regulation Altcoin Fraud FTX FTX’s former law firm hit with lawsuit alleging it set up ‘shadowy entities’

FTX’s former primary counsel Fenwick & West LLP has been hit with a class action suit claiming it aided the crypto exchange’s alleged multi-billion dollar fraud.

09.08 / 02:19

business Hackers hacks Altcoin Scams phishing X account Blockchain Capital’s X account hacked promoting token claim scam

The X (Twitter) account of crypto-focused venture capital firm Blockchain Capital has seemingly been taken over by scammers attempting to lure users with the promise of a token claim.

08.08 / 21:19

cryptocurrency Altcoins Altcoin Web3 Best crypto to buy today Algorand Best Crypto to Buy Now 8 August – Hedera, MultiversX, Algorand

The Securities and Exchange Commission (SEC) is anticipated to give the green light to spot Bitcoin ETF applications from financial giants BlackRock and Invesco.

08.08 / 17:11

Blockchain Social Media Altcoin Kraken Reddit Reddit community tokens soar on Kraken listing

Moon and Brick, two tokens created by users of social media platform Reddit, are up 48% and 443%, respectively, in the past week after being listed on cryptocurrency exchange Kraken.

08.08 / 17:11

markets Cardano Altcoin Analysis Altcoin Watch Tech Analysis Can Cardano whales stop ADA price from falling 20%?

The price of Cardano (ADA) risks falling by over 20% in August as it enters a breakdown stage of a classic technical pattern that could be offset by some promising fundamentals.

08.08 / 05:27

Blockchain Adoption Altcoin PayPal memecoin PayPal stablecoin launch sparks wave of fake PYUSD tokens

Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash in on the hype with their own copycat tokens.

07.08 / 23:51

defi Hackers hacks Altcoin solana Exploit Cypher Protocol freezes smart contract after an estimated $1M exploit

Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit.

07.08 / 21:45

Ethereum Investments Altcoin CoinShares Bitcoin Weekly Bitcoin funds see weekly outflows of $111M, most since March: CoinShares

Weekly cryptocurrency asset flows for the week ending Aug. 4 reconciled at $107 million in outflows, continuing a three-week negative trend totaling $134.8 million.

07.08 / 06:05

Law CoinGecko regulation Altcoin SEC index CoinGecko now has an index for crypto tokens alleged as securities

CoinGecko launched a new index tracking the biggest crypto tokens viewed as likely securities by the United States Securities and Exchange Commission (SEC).

07.08 / 03:13

business Blockchain Stablecoin Altcoin lending vpn DAI controversy Controversy as MakerDAO's Spark Protocol blocks users with VPNs

MakerDAO, one of the early pioneers of decentralized finance, has sparked criticism over its decision to block virtual private network (VPN) users from accessing its recently launched lending platform, Spark Protocol.

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