A $38 million transfer of over 4.6 trillion SHIB tokens follows the launch of Shibarium, a layer-2 solution for Shiba Inu, showing promising growth in daily transactions, addresses, and TVL led by DogSwap; in addition, perpetual SHIB contracts are being listed, but SHIB is down 2% amid a wider market drop due to the SEC’s Bitcoin ETF delay.
Ethereum co-founder Vitalik Buterin’s recent financial transactions involving Ether and Maker tokens have sparked speculation about his intentions and future market actions.
Attorney John Deaton provides insight on the possibility of a settlement between Ripple and the SEC in light of a partial judicial decision favoring Ripple, discussing the required conditions for a settlement and the potential influence of a favorable Coinbase dismissal ruling on the SEC’s position.
Parent company Fenix revealing a $20M investment in Ethereum highlights the convergence of crypto with mainstream business, sparking interest in Solana and newcomer InQubeta.
Shiba Inu’s token burn rate spiked 500% in the past 24 hours, showing accelerated removal of SHIB tokens, although the token faced a slight price decrease, the launch of Shibarium highlights growing utility and adoption.
Starting on September 7, OkCoinJapan will list Shiba Inu coins based on the Polygon protocol, providing greater convenience for both institutional and ordinary investors trading the meme coin.
Major cryptocurrency exchange Coinbase has listed PayPal’s new PYUSD stablecoin, further expanding the accessibility and adoption potential of the PayPal-issued digital asset.
Binance is phasing out support for its BUSD stablecoin by early 2023 amid growing regulatory pressure in the US that already resulted in the issuer Paxos being ordered to cease minting new tokens.
Despite recent struggles for Cardano’s ADA token, founder Charles Hoskinson boldly predicts it will become the top global cryptocurrency surpassing Bitcoin and Ethereum.
A Brazilian YouTuber accidentally showed his cryptocurrency seed phrases during a livestream, allowing hackers to quickly steal nearly $60,000 worth of crypto before a remorseful thief returned most of the funds.
