Layer-1 blockchain Story secures $80M in Series B funding led by a16z

Key points Story’s Series B funding round led by a16z amounts to $80 million. The company aims to combat intellectual property theft by giving creators control over their intellectual property. Share this article PIP Labs, the software company behind Story Protocol, a Layer 1 blockchain designed for intellectual property management, announced Wednesday that it has … Read more

Tether announces dirham-pegged stablecoin to improve UAE financial ecosystem

Stablecoin issuer Tether plans to launch a new stablecoin pegged to the United Arab Emirates dirham (AED), marking an expansion in its digital asset portfolio. Developed in partnership with UAE-based technology conglomerate Phoenix Group PLC and supported by Green Acorn Investments Ltd, this project will leverage the UAE’s regulatory framework for payment token services. Stablecoin … Read more

Bitcoin experiences a surge in demand: Are we in the final phase of consolidation?

Bitcoin (BTC) has been consolidating over the past few weeks and continues to trade below $61,000. Amidst this period of consolidation, there now appears to be a shift with a surge in one of Bitcoin’s notable metrics suggesting an “end of market consolidation.” According to a recent study analysis According to CryptoQuant analyst Axel Adler … Read more

Dogecoin Price Set to Rise 6,800% to $6.9, But This Must Happen First

A cryptocurrency analyst has predicted that Dogecoin (DOGE)the world’s largest meme coin by market cap, is expected to surge 6,800% to a new all-time high of $6.9. While the analyst maintains a very bullish view, Bullish outlook on DOGE priceHe stresses that the cryptocurrency must first satisfy certain conditions to achieve this ambitious goal. Roadmap … Read more

What is Everlodge Crypto? – Coinlabz

Everlodge Crypto acts as a vault for digital treasures, where each coin represents a unique and safely stored piece of value. By utilizing the power of the blockchain, Everlodge opens the doors to understanding decentralized finance and global transactions. Key points Everlodge Crypto is a digital currency that operates on a decentralized platform, allowing users … Read more

Bitcoin demand plummets as institutional buying slows

Demand for Bitcoin has seen a very steep decline since April. Reduced U.S. spot ETF purchases as well as declining whale holdings have contributed to this drop. Meanwhile, long-term holders continue to accumulate Bitcoin at record rates, while short-term holders, who bought during the 2024 rally, are now suffering unrealized losses. Furthermore, Bitcoin mining costs … Read more

KENNEDY meme coin drops 22% after RFK Jr.’s running mate hints at support for Trump

The price of the KENNEDY meme coin fell nearly 22% on Tuesday night after Robert F. Kennedy Jr.’s running mate said RFK Jr. is considering dropping out of his campaign. On Tuesday evening, August 20, the Robert F. Kennedy Jr.-themed event same corner KENNEDY’S poll fell sharply after his running mate suggested in a podcast … Read more

BlackRock’s Ethereum ETF Surpasses $1 Billion in Net Inflows

Key points BlackRock’s Ethereum ETF is the first US Ethereum fund to reach $1 billion in inflows. ETHA’s performance is solid, but it lags behind the achievements of BlackRock’s Bitcoin ETF. Share this article BlackRock’s iShares Ethereum Trust, also known as ETHA, has become the first US spot Ethereum exchange-traded fund (ETF) to achieve $1 … Read more

Solana users targeted by ‘Bull Checker’ Chrome extension scam

A new malicious browser extension called “Bull Checker” is reportedly targeting Solana users on Reddit by posing as a meme coin tracker. This extension evades detection systems and has emptied the wallets of Solana users. Solana users in the spotlight Last week, Jupiter’s pseudonymous founder, Meow, reported that some Solana DeFi users were experiencing unauthorized … Read more

Dogecoin surges 6.5% after Elon Musk’s post: breakout imminent?

Dogecoin (DOGE), the largest meme cryptocurrency by market cap, recently received a shout-out from Tesla CEO X. Elon Musk’s post sparked a frenzy among crypto investors and the DOGE community, which was reflected in the token’s price. Following the recent surge, some analysts believe it’s only a matter of time before a major breakout occurs. … Read more