Why Crypto Protocols Need Preventative Tools to Mitigate Attacks
Monitoring and audits aren't enough to avoid hacks: Spherex Technologies CEO Eyal Meron explains why crypto protocols need to rethink security.
Meme Coins Lose Steam: $20 Billion Wiped From Market Since May
During the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the hype appears to be cooling off as we move…
Polymarket Open Interest Rebounds as August Set to Challenge July’s Record
Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13…
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17,…
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an…
Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review
Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin…
Coinbase Announces $15,000 Grant Program, Seeks To Solve Barrier to Building Apps Using Artificial Intelligence
Top US-based crypto exchange platform Coinbase is announcing a $15,000 grant program to push decentralized applications (DApps) built by artificial intelligence (AI). In a new blog post, Coinbase says it’s…
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