Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases. With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and fees spent over the network, says...Continue Reading

Markus Thielen of Singapore asset manager IDEG believes ETH could be headed for a consolidation phase, turning “cautious” on the cryptocurrency. After a surge in Ethereum (ETH) prices last week, the cryptocurrency may now be treading in a consolidation phase, says asset management firm IDEG’s chief investment officer.  In a report shared with Cointelegraph on...Continue Reading

The Tether printers have been fired up again as the USDT circulating supply has started to tick up. The world’s largest stablecoin, Tether (USDT) has expanded its circulating supply following almost three months of reductions, in what could be a sign the crypto markets are slowly recovering.  The first mint in almost three months occurred...Continue Reading

Shib Eternity unveiled as the name of Shiba Inu’s upcoming mobile NFT game, and Funko will launch sets of NFT packs depicting Avatar character collectibles. Gaming YouTube streamer “Dr Disrespect” unveiled the first sneak peek of his upcoming NFT shooter game dubbed Deadrop on July 30. The initial reaction has been mixed, however, with some underwhelmed...Continue Reading

Vauld’s parent company Defi Payments Ltd says the moratorium granted on Monday will give it the necessary breathing room to form a restructuring plan. Embattled crypto lending platform Vauld has been granted a short period of reprieve from creditors after being given a three-month moratorium by the Singapore High Court on Monday.  Its initial request...Continue Reading

SEC has filed a lawsuit in the U.S. District Court against the founders and promoters of Forsage who allegedly fueled a $300 million “textbook pyramid and Ponzi scheme” The Securities and Exchange Commission (SEC) has charged 11 individuals for their alleged role in the creation of a “fraudulent crypto pyramid scheme” platform Forsage.  The charges...Continue Reading

Hundreds of potential exploiters appear to have drained all of the bridge’s $190 million in TVL in just a matter of hours. The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain the bridge’s funds over a long series of transactions. Nearly the entire $190.7 million in...Continue Reading

Enforcers around the world are demonstrating their interest to the industry’s largest players. Despite some good signs of the crypto prices recovery, last week could hardly be called bright for the market, as the major news came from the enforcers and not the regulators. According to a report from the New York Times, the United...Continue Reading

The exchange said all AMP trading will be halted on Aug. 15, adding that it “may resume at some point in the future.” United States-based crypto exchange Binance.US said it will be delisting the AMP token “out of an abundance of caution” of possible enforcement by federal regulators.  In a Monday blog post, Binance.US said...Continue Reading

A goodwill impairment from ErisX significantly hurt the company’s GAAP earnings, but otherwise, business results improved from last year. On Friday, Chicago Board Options Exchange (CBOE), the largest options exchange in the United States, announced its second-quarter earnings results. Of particular interest was its total operating expenses, which soared 685% year-over-year from $160.6 million. CBOE...Continue Reading