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blockonomi.com SunPump Struggles: Tron’s Memecoin Launchpad Sees Sharp Decline in Activity

SunPump, a memecoin launchpad powered by the Tron blockchain, has seen a steep drop in memecoin activity following its initial success. Data from Dune Analytics shows that the number of new tokens created hit a low of 766 tokens on September 8, compared to a peak of 7531 tokens last month. The struggle comes as [...] The post SunPump Struggles: Tron’s Memecoin Launchpad Sees Sharp Decline in Activity appeared first on Blockonomi.

news.bitcoin.com Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud

Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false tax returns. Law enforcement recovered most of the stolen funds. Champagne pleaded guilty to multiple charges in June […]

altcoinbuzz.io Buterin: I Will Only Recognize Layer-2 Projects at ‘Stage 1

In a recent X post dated September 12, Buterin emphasized that from next year. He will publicly endorse only those L2 networks that meet or exceed this threshold. He stressed that personal investments or friendships will not sway his stance—it’s “stage 1 or bust”. Let’s explore more about the opinion of Buterin about Layer-2 Projects. […] The post Buterin: I Will Only Recognize Layer-2 Projects at ‘Stage 1 appeared first on Altcoin Buzz.

coinspeaker.com Bitcoin (BTC) Price Reclaims $58K after US Annual Inflation Dropped to Multi-year Lows

Coinspeaker Bitcoin (BTC) Price Reclaims $58K after US Annual Inflation Dropped to Multi-year Lows The possibility of the US Fed cutting its benchmark interest rate next week has increased, thus rejuvenating bullish sentiments for Bitcoin and the entire altcoin industry. Bitcoin (BTC) Price Reclaims $58K after US Annual Inflation Dropped to Multi-year Lows

coinspeaker.com Crypto Stocks Rebound Strong after Initial Dip Following Trump-Harris Debate

Coinspeaker Crypto Stocks Rebound Strong after Initial Dip Following Trump-Harris Debate Earlier on September 11, publicly traded crypto and Bitcoin mining firms saw their share price drop in reaction to the first Presidential debate between Kamala Harris and Donald Trump. Crypto Stocks Rebound Strong after Initial Dip Following Trump-Harris Debate

altcoinbuzz.io How to Avoid North Korean Seed Phrase Hacks

You may be familiar with the concept of seed phrase hacks; still, let us explain it in simple terms. For example, you return to your wallet one day and look: there is no money in it. You did not click on any suspicious links or give out your private keys. So, how did it happen?  […] The post How to Avoid North Korean Seed Phrase Hacks appeared first on Altcoin Buzz.

blockonomi.com Aave Considers Integration of Coinbase’s cbBTC, Sparking Community Debate

TLDR: Aave proposes integrating Coinbase’s upcoming cbBTC into its V3 platform Integration aims to attract mainstream users and drive platform growth Proposal raises concerns about premature integration and centralization risks cbBTC is positioned as an alternative to WBTC amidst controversy Aave is expanding offerings to adapt to the evolving DeFi landscape The decentralized finance (DeFi) [...] The post Aave Considers Integration of Coinbase’s cbBTC, Sparking Community Debate appeared first on Blockonomi.

blockonomi.com Tune.FM Raises $70 Million for Web3 Music Streaming Platform

TLDR: Tune.FM secured $20 million in funding from LDA Capital The platform offers artists 90% of streaming revenue Tune.FM uses web3 technology and the JAM token on Hedera Hashgraph The platform includes an NFT marketplace for exclusive content Tune.FM plans to expand with mobile apps and major label content Tune.FM, a San Francisco-based web3 decentralized [...] The post Tune.FM Raises $70 Million for Web3 Music Streaming Platform appeared first on Blockonomi.

blockonomi.com Bitcoin Mining Difficulty Reaches New All-Time High of 92.67 Trillion

TLDR: Bitcoin mining difficulty reached an all-time high of 92.67 trillion on September 11, 2024 The increase comes amid falling miner revenues and profitability Bitcoin’s hash rate is also climbing, averaging 693 exahashes per second Hashprice (miner revenue per unit of computing power) fell to a record low Some miners are diversifying operations or exploring [...] The post Bitcoin Mining Difficulty Reaches New All-Time High of 92.67 Trillion appeared first on Blockonomi.

bitcoinist.com No Crypto Mention: Kamala Harris’ Winning Odds Increase 4% After Presidential Debate

Democratic nominee Kamala Harris’ winning odds increased following the presidential debate with Republican candidate Donald Trump. As the former US president and the Vice President’s chances tied in the polls, the flagship cryptocurrency’s price saw a mild 1.5% decline. Many investors awaited the mention of Bitcoin (BTC) and digital assets but were disappointed as the […]

blockonomi.com FTX Unstakes $23.75 Million in Solana Tokens: What Will Happen to SOL Price?

TLDR: FTX/Alameda-affiliated wallet redeemed 177,693 SOL ($23.75 million) from Solana’s PoS network FTX wallet still holds 7.057 million SOL ($943 million) in staking Solana (SOL) price remains stable at around $135, up 35% YTD Caroline Ellison’s sentencing hearing scheduled for September 24 FTX ordered to repay up to $16 billion in credits, plans to use [...] The post FTX Unstakes $23.75 Million in Solana Tokens: What Will Happen to SOL Price? appeared first on Blockonomi.

blockonomi.com SEC Under Scrutiny: House Republicans Investigate Gensler’s Political Hiring Practices

TLDR: House Republicans probe SEC Chair Gary Gensler over potential political hiring practices Lawmakers claim evidence of ideology-driven hires, particularly for senior roles Specific concern raised about hiring of Dr. Haoxiang Zhu as Director of Trading and Markets SEC asked to provide documents on hiring processes since April 2021 Probe also questions influence of political [...] The post SEC Under Scrutiny: House Republicans Investigate Gensler’s Political Hiring Practices appeared first on Blockonomi.

themerkle.com Will Staking Ethereum Be Worth It

Ethereum, one of the most transforming forces in blockchain technology, started on 30th July 2015. It was created by the visionary Vitalik Buterin, who saw the potential for blockchain beyond simple transactions of Bitcoin. Ethereum introduced smart contracts, which opened the door to decentralized applications (dApps) and has been changing the digital landscape ever since. Now you might be asking; but how can I benefit from Ethereum’s growth? The answer lies in CryptoBox, an advanced crypto staking platform that maximizes returns through AI-driven strategies. When was Ethereum launched? Ethereum’s release was such a moment in the history of blockchain. It The post Will Staking Ethereum Be Worth It appeared first on The Merkle News.

altcoinbuzz.io New Bill Defines Crypto as Personal Property in the UK

The Property (Digital Assets) Bill will recognize digital holdings, including cryptocurrencies, NFTs, and carbon credits, as personal property. This marks the first time such assets are given this status in British legal history. Let’s discover more about this important news for the crypto industry in the UK. UK Bill Grants Personal Property Status to Digital […] The post New Bill Defines Crypto as Personal Property in the UK appeared first on Altcoin Buzz.

blockonomi.com WeWork Founder’s Flowcarbon Refunds Investors as Carbon Credit Token Fails to Launch

TLDR: Flowcarbon, co-founded by WeWork’s Adam Neumann, is refunding investors after failing to launch its “Goddess Nature Token” (GNT) The company cited market conditions and resistance from carbon registries as reasons for the refunds Flowcarbon raised $70 million in funding, including $38 million through token sales Investors like Andreessen Horowitz waited over a year for [...] The post WeWork Founder’s Flowcarbon Refunds Investors as Carbon Credit Token Fails to Launch appeared first on Blockonomi.

blockonomi.com Early Crypto Adopter Who Has Held Ethereum (ETH) Since $30 Sees “Bright Future” for Viral RWA Coin Trading Below $0.10, Calls It a Strong Buy

An early adopter who bought Ethereum (ETH) at just $30, stored it in a cold wallet, and never sold, now holds millions in value. This investor followed the same approach with several other tokens and recently accumulated a large stake in Rexas Finance’s viral Real World Asset (RWA) coin, RXS, which is currently trading below [...] The post Early Crypto Adopter Who Has Held Ethereum (ETH) Since $30 Sees “Bright Future” for Viral RWA Coin Trading Below $0.10, Calls It a Strong Buy appeared first on Blockonomi.

coinspeaker.com Bitcoin Layer-2 Platform Stacks Unveils Asia Foundation with $15M Backing

Coinspeaker Bitcoin Layer-2 Platform Stacks Unveils Asia Foundation with $15M Backing The Stacks Asia Foundation will play a crucial role in advancing Bitcoin’s decentralized finance (DeFi) capabilities through Stacks’ Layer-2 solutions. Bitcoin Layer-2 Platform Stacks Unveils Asia Foundation with $15M Backing

blockonomi.com China’s AI Race: 6-9 Months Behind U.S but Closing the Gap Fast

TLDR: Chinese AI models lag behind U.S. counterparts by 6-9 months AI apps expected to proliferate faster in China than in U.S. by early next year Cost of training good AI models has decreased significantly Major Chinese companies like Alibaba and Tencent have released AI models and products Development of “super app” AI capabilities may [...] The post China’s AI Race: 6-9 Months Behind U.S but Closing the Gap Fast appeared first on Blockonomi.

blockonomi.com Bitcoin and Ethereum ETFs See Negative Flows Despite Increased Trading Volume

TLDR: Spot Bitcoin ETFs in the US saw net outflows of $43.97 million on September 11, ending a two-day streak of positive flows ARK 21Shares’ ARKB had the largest outflows at $54 million Fidelity’s FBTC led inflows with $12.6 million Spot Ethereum ETFs also saw net outflows of $542,870 Trading volumes increased for both Bitcoin [...] The post Bitcoin and Ethereum ETFs See Negative Flows Despite Increased Trading Volume appeared first on Blockonomi.

blockonomi.com Ethereum Co-Founder Sets New Standards for L2 Project Recognition

TLDR: Vitalik Buterin sold 950 ETH worth $2.28 million in recent weeks Buterin explained the sale was triggered by an automatic order set on August 29 Starting in 2025, Buterin will only publicly mention Layer 2 solutions at “Stage 1” development or higher Several ZK rollup teams aim to reach Stage 1 by end of [...] The post Ethereum Co-Founder Sets New Standards for L2 Project Recognition appeared first on Blockonomi.

news.bitcoin.com Samson Mow Doubles Down on $1 Million Bitcoin Price Prediction

Samson Mow, CEO of JAN3, recently doubled down on his earlier prediction about bitcoin reaching $1 million this year. In an interview, Mow stated that the market was wrong, and that bitcoin was “massively undervalued” at current prices. “There is so little bitcoin out there you can’t even double your holdings as a large entity […]

altcoinbuzz.io Crypto Whales Are Buying These 2 ALTCOINS

So, September didn’t start as we’d all hoped. Prices dropped about 5% in the first week. And lots of traders hit pause and are just watching as things play out. But we’ve been keeping tabs on the whales, the guys with the deep pockets. And these guys are still going hard after some coins despite […] The post Crypto Whales Are Buying These 2 ALTCOINS appeared first on Altcoin Buzz.

blockonomi.com Canadian Crypto Exchanges Boost Security with Coincover Partnership

TLDR: Canadian crypto exchanges VirgoCX and Netcoins partner with Coincover for enhanced security Partnership aims to protect customer funds against hacking, lost access, and fraud Coincover’s technology helps exchanges exceed regulatory requirements Crypto losses reached $572 million in Q2 2024, with 70% due to exchange hacks Canada has seen a 213% increase in crypto usage [...] The post Canadian Crypto Exchanges Boost Security with Coincover Partnership appeared first on Blockonomi.

themerkle.com TON Holders See Modest Gains; 26% In Profit, Majority Still Underwater

Recent analysis reveals that #TON holders are experiencing slight improvements, with 26% now in profit as the token’s price hovers at $5.26. Just six days ago, when the price was $4.63, only 9% of investors were seeing gains. Despite the positive shift, the majority—56%—still find themselves in the red, although this is a decrease from 86% last week. Meanwhile, 18% of holders are now breaking even, up from a mere 5% in the previous week. There has also been notable movement in the holding patterns among TON investors. At present, just 4% of TON wallets have held the cryptocurrency for The post TON Holders See Modest Gains; 26% In Profit, Majority Still Underwater appeared first on The Merkle News.

bitcoinist.com Bitcoin ETFs Fuel Resurgence In Crypto Interest, According To Gemini’s 2024 Report

Crypto exchange Gemini has released its 2024 global crypto report, offering valuable insights into current investor attitudes and ownership trends in the digital asset space, given the newly introduced Ethereum and Bitcoin ETFs.  Spot Ethereum & Bitcoin ETFs Drive Billions In Institutional Inflows The report, released Tuesday, shows that after a tumultuous two years, the […]

news.bitcoin.com Memebet Token Launches New Presale, Brings GambleFi to Meme Coins – Next Crypto to Explode?

Memebet Casino ($Memebet) is building a new crypto casino that lets users wager meme coins. The project has just launched a token presale and raised $150K in its opening minutes. It will host a suite of gaming options, including sportsbook events and casino games, and it will support leading meme coins like Dogecoin, Shiba Inu, […]

themerkle.com Smart Money Flocks To ENS As It Becomes A Hidden Gem, PayPal And Venmo Integration Boosts Adoption

Ethereum Name Service (ENS) has quickly gained traction among Smart Money (SM) investors, with a significant increase in accumulation over the past few days. ENS now ranks #4 among tokens being accumulated by SM over the last 24 hours. Since September 7, SM investors have purchased a total of 11,260 ENS tokens, valued at approximately $191,100. 🚀 $ENS – Smart Money (SM) is back buying!$ENS has become one of the Hidden Gems. Discover more tokens like this in the GEMs Filter: https://t.co/5ARyT33yq3 💡 $ENS rank #4 in Tokens Accumulated by SM last 24h. Since September 7, SM has bought total The post Smart Money Flocks To ENS As It Becomes A Hidden Gem, PayPal And Venmo Integration Boosts Adoption appeared first on The Merkle News.

themerkle.com AAVE Sees 65% Surge In A Month, Gains Strong Traction Among Smart Money

AAVE has experienced a significant price surge, climbing 11% in just two days following a signal from iCrypto. Over the past month, the token has skyrocketed by more than 65%, making it one of the best performers in the DeFi space. AAVE is currently ranked #2 in Smart Money (SM) accumulation over the last 30 days, signaling strong investor confidence. 🔥 $AAVE surged +11% in just 2 days since iCrypto Signal Actually, $AAVE has been up over 65% over the past month. And it's currently ranked #2 in Smart Money (SM) accumulation last 30 days. 👉 Upgrade to iCrypto PRO|PRO+ The post AAVE Sees 65% Surge In A Month, Gains Strong Traction Among Smart Money appeared first on The Merkle News.