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Cryptocurrency & Blockchain News 🔗 ⚡️ Exclusives ⚡️ Guides ⚡️ Reviews ⚡️ Education ✅ Follow us on Twitter: https://twitter.com/Cryptonews ✅ Check out our website: https://cryptonews.com/

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🪪 Forbes Partners With OKX To Launch Exclusive NFT Community

Forbes launches the Legacy Pass NFT with fast-track access through OKX Wallet, offering exclusive entry to a global web3 network.

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Pig Butchering Scams Persist in Crypto Market: Chainalysis

Chainalysis mid-year report highlights emerging scam trends and exposes Huione Guarantee's role in facilitating Pig Butchering Scams.

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Altcoin Season Inbound as Metrics Hit ‘Sell Your House’ Levels, Says Expert

Trader Luke Martin believes altcoins might be in a prime accumulation phase amidst a brewing altcoin season, citing historic buy signals.

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🎮Oasys Partners With SBI Holdings to Boost Blockchain Gaming in Japan

Oasys teams up with Japanese financial giant SBI Holdings to accelerate ecosystem growth and support upcoming blockchain games.

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⚽️ Polkadot Becomes Inter Miami's Official Global Training Partner

David Beckham-co-owned American professional football club Inter Miami CF has partnered with the major blockchain platform Polkadot.

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3. Sugar (SUGAR/WETH) 🚀

🔹 24h Price Change: +6,429%

🔹 Current Price: $0.00002521

🔹 Steady Increase: Sugar has climbed by 6,429% in the last 24 hours, reflecting growing interest.

🔹 Market Buzz: The price rise may be linked to niche market movements, recent listings, or community engagement.

🔹 Strategic Insight: Investigating the driving factors behind this growth could provide a clearer picture of Sugar's market position.

🔹 Trade Wisely: Given the smaller scale of the increase compared to others, it might be less volatile, but still requires careful monitoring.

*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*

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Cryptonews

TOP TRENDING COINS! 📈

Here's the latest on today's market dynamics:

1. Phil (PHIL/WETH) 🚀

🔹 24h Price Change: +76,013%

🔹 Current Price: $0.07185

🔹 Incredible Surge: Phil has skyrocketed by 76,013% in the past 24 hours, capturing significant attention in the market.

🔹 Market Buzz: The substantial price increase is likely fueled by speculative trading, recent announcements, or social media influence.

🔹 Strategic Insight: To understand the factors behind this explosive growth, consider investigating any recent developments, news, or community-driven events related to Phil.

🔹 Trade Wisely: Such rapid increases often carry high risks; monitor the market closely for potential corrections or shifts in momentum.

*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*

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Cryptonews

📊 Cryptocurrency price check 📊

🔹 BTC: $59,672 + 0.81%

🔹 ETH: $2,553 + 3.71%

🔹 BNB: $543 + 0.53%

🔹 XRP: $0.57 + 0.76%

🔹 ADA: $0.35 + 1.28%

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⚡️ DeFi Network Radix Cuts 15% of Workforce to Reduce Costs

DeFi platform Radix has implemented a 15% workforce reduction as part of a cost-cutting initiative, CEO Piers Ridyard said Thursday.

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Investor’s $1M MBAPPE Bet Crashes in an Hour After Kylian Mbappé X Account Hack

A crypto investor lost more than $1 million within an hour on Thursday by purchasing a dubious meme coin named $MBAPPE, following Kylian Mbappe's Twitter account hack.

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📉 PHIL Meme Coin From Ethereum Genesis Block Briefly Hits $125M on Uniswap

A meme coin launched by a wallet linked to Ethereum Genesis block has quickly reached a market cap of over $100 million before taking a dip.

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👮 Telegram Founder Pavel Durov Transferred to Court Following Arrest in France

Pavel Durov, the founder of Telegram, has been released from police custody and transferred to a court in France for questioning.

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🍔 McDonald’s Instagram Hack: Marcie Jastrow on Securing Meme Coins with IP Ownership

Following McDonald’s recent hack, entrepreneur Marcie Jastrow advocates using Meme Coin Intellectual Property ownership for better security.

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💵 XRP Ledger and Web3Auth Launch 30-Second Onboarding with New MPC Wallet

Web3 wallet infrastructure provider Web3Auth has announced the launch of the XRP Ledger MPC (Multi-Party Computation) wallet.

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⚡️ Rival Exchange CoinSwitch Sues WazirX to Recover $9M in Trapped Funds

CoinSwitch claims despite repeated attempts to reach a resolution with WazirX, they have been unable to recover the trapped funds.

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UK Police Charge Shop Owner Over Unregistered Bitcoin ATM

@TheFCA said they are working with their law enforcement partners like @kent_police to help protect consumers against illegal Bitcoin ATMs.

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🇺🇸 Donald Trump To Unveil Plans to Make US 'Crypto Capital of the Planet'

Donald Trump has teased upcoming plans to position the US as the "crypto capital of the planet," with hints of collaboration with the World Liberty Financial DeFi project.

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🚨 New podcast with Jag Singh, CEO of re.al

In this conversation, Matt and Jag discuss:

- TVL/RWA yields
- Benefits of tokenizing real-world assets
- On-chain Home Loans

🔊 https://loom.ly/ICq5Yh0

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👾 Crypto Security: August Saw Lowest YTD Loss – 100% DeFi Hacks, No Fraud or CeFi Attacks

The crypto space suffered 'only' $15 million in losses in August 2024. This happened across five DeFi hacks and zero CeFi hits, according to Immunefi.

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🚀 Resistance (RESIST/WETH) Daily Analysis - August 29th 2024:

👉 Overview:

🔸 Resistance (RESIST) token has recently experienced a significant surge in price, which is reflected in its impressive 24-hour price change percentage.

👉 Key Metrics:

🔸 Market Capitalization: $38.77K, placing Resistance in the nano-cap category.

🔸 Liquidity: $14.57K, which is modest but provides a baseline for trading activities.

🔸 Circulating Supply: 1.00B tokens, a large supply that suggests the price per token is likely to remain low unless there is a substantial increase in demand.

🔸 Holders: 261, indicating a small but possibly growing community.

🔸 24-Hour Trading Volume: $525.42K, which is quite high relative to the market cap.

🔸 Current Price: $0.00003877, showing a substantial price increase. The low price per token makes it accessible to a wide range of investors.

*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*

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Cryptonews

2. BabySHIB (BSHIB/WETH) 🚀

🔹 24h Price Change: +12,908%

🔹 Current Price: $0.01765

🔹 Significant Growth: BabySHIB has seen a robust 12,908% increase, indicating strong market interest.

🔹 Market Buzz: This uptick could be driven by community support, endorsements, or developments in the broader meme coin space.

🔹 Strategic Insight: Consider diving into recent community activities or news surrounding BabySHIB to gauge its future potential.

🔹 Trade Wisely: While the price jump is impressive, be mindful of the volatility and ensure to keep track of market sentiments.

*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*

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Pantera Poured $100M+ Into Telegram-Linked Toncoin, Marking Its Largest Investment

Crypto VC Pantera invested over $100m in Telegram-linked Toncoin earlier this year, marking it as its largest investment to date.

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📈 Spot Ethereum ETFs See $5.8M Net Inflow After 9 Days of Outflows

Ethereum spot ETFs have seen $5.8m in inflows, marking the first positive movement after nine consecutive days of outflows.

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🔋 TON Blockchain Back Online Following Second Outage

The TON blockchain network has resumed operations following its second outage in two days.

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How Real Estate Tokenization Differs From Initial Coin Offerings

A Colorado church was recently tokenized to raise $2.5 million, but this model may resemble an initial coin offering.

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⚖️ WazirX's Parent Firm Files for Moratorium in Singapore High Court

💰 Zettai Pte Ltd, the parent company of WazirX, has filed for a moratorium in the Singapore High to buy more time to focus on the restructuring plan. 🔒

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🚨OpenSea Receives Wells Notice from SEC Over Alleged NFT Securities Violation

OpenSea has received a Wells notice from the SEC, signaling potential legal action over alleged securities violations related to NFTs. 🎨💔

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🚀 Bitfarms Closes In on 110 MW, Takes Ownership of New US Data Center

Bitfarms has officially acquired their first mega data center in Sharon, Pennsylvania, securing access to 110 MW of power with plans to expand to 120 MW!

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How Pavel Durov's Arrest Affects the TON Ecosystem

The arrest of Telegram founder Pavel Durov is raising concerns about projects building on the TON blockchain. While some of them might be at risk, many are staying positive.

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⚽︎ BlockDAG Inks Three-Year Partnership with Borussia Dortmund Worth $10M

Blockchain company BlockDAG has secured a $10 million, three-year global partnership with major German football club Borussia Dortmund (BVB).

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