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A16z Backs PIP Labs with $80M Investment, Valuing at $2.25B
PIP Labs, developer of Story Protocol, raises $80 million led by a16z to advance its platform for protecting intellectual property.
⚖️ Terraform Labs Bankruptcy Hearing Set for September 19
🚨 Terraform Labs is facing a pivotal bankruptcy hearing on September 19, 2024.
Will they restructure and rise again, or face liquidation? 📉🔍
Bitfarms Acquires Rival Stronghold Digital in $175M Stock and Debt Deal
@Bitfarms_io announced an agreement to acquire Stronghold Digital Mining, enhancing its mining operations and gaining access to the PJM grid, the largest electricity market in the U.S.
🔗 SafePal Wallet Launches New Staking Dapp SFPlus
The SFPlus is “designed to strengthen utility and highlight the maturity of SFP as the first IEO project on Binance launchpad in 2018,” the co-founder said.
🇺🇸 Trump 'May Be Unable to Keep Crypto Promises'
A crypto expert is warning that some of Donald Trump's campaign pledges may be too good to be true.
⚠️ Crypto Whale Loses $55.4 Million in Dai Stablecoins to Phishing Attack
A crypto whale has lost approximately $55.4 million worth of Dai stablecoins in a sophisticated phishing attack.
🚀 Kuro Inu (KURO/WETH) Daily Analysis - August 19th 2024:
👉 Overview:
🔸 Kuro Inu (KURO) is a low-cap cryptocurrency with a small market presence and relatively low liquidity.
👉 Key Metrics:
🔸 Market Capitalization: $38.89K, placing KURO in the micro-cap category. This suggests it's a very small and potentially volatile token.
🔸 Liquidity: $21.11K, indicating that while there's some liquidity to support trades, large transactions could significantly impact the price.
🔸 Circulating Supply: 100.00M tokens, which is a moderate supply, allowing for a reasonable distribution of tokens without too much dilution.
🔸 Holders: 194, pointing to a small but possibly growing community.
🔸 24-Hour Trading Volume: $16.63K, which suggests moderate trading activity relative to its size.
🔸 Current Price: $0.0003885, reflecting a recent upward trend in the token’s value.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
2. Accord AI (ACCORD/WETH) 🚀
🔹 24h Price Change: +215%
🔹 Current Price: $0.003425
🔹 Consistent Growth: Accord AI has gained 215% in the last 24 hours, reflecting steady market interest.
🔹 Market Buzz: This moderate yet significant increase might be driven by ongoing developments in AI technology or renewed interest in AI-based tokens.
🔹 Strategic Insight: Monitoring advancements or announcements in AI could offer clues to Accord AI's future performance.
🔹 Trade Wisely: While the growth is promising, consider the potential for fluctuations and strategize accordingly.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
⚖️ Binance and Changpeng Zhao Hit with New Class Action Lawsuit Alleging Money Laundering
🚨 Binance and former CEO Changpeng Zhao hit with a new class action lawsuit, accusing them of enabling money laundering and making stolen crypto untraceable! 💸🔍
📈 Blue-Chip NFT Sales Spike as Crypto Market Stalls
Sales of blue-chip NFT collections have seen an uptick, with the number of buyers and sellers surging over the past week.
🤑 Pseudonymous Trader Jaredfromsubway is Back With a More Profitable MEV Bot
Pseudonymous trader Jaredfromsubway.eth has reemerged with a revamped MEV bot that is generating substantial profits.
🔗 Defiance Launches MicroStrategy ETF Today, First Single-Stock ETF in US
Defiance ETFs is set to list a controversial new single-stock long leveraged exchange-traded fund (ETF) today, the MicroStrategy “MSTX” ETF.
🚔 Montenegro Arrests Co-Founder of Crypto Fraud Scheme FutureNet for $21M Scam
Montenegrin authorities have apprehended Roman Ziemian, co-founder of FutureNet, which is accused of defrauding investors of $21 million.
Mt. Gox Transfers $855 Million in Bitcoin to Unidentified Wallet, Still Holds $2.7B BTC
Crypto exchange Mt. Gox moved more than $855m Bitcoin to unidentified wallets on Wednesday, according to data from blockchain firm Arkham.
🚨💰 Binance Claims to Have Prevented Users $2.4 Billion in Fraud Attempts
Binance saves the day! 🦸♂️
The exchange has prevented over $2.4B in fraud attempts, protecting over 1.2 million users worldwide in just 7 months! 🌍
Compute Labs Teams with Plume to Boost AI Compute in DeFi
Compute Labs and Plume have joined forces to transform the DeFi landscape by integrating tokenized AI compute assets.
🇫🇮Finnish Broker Coinmotion Expands Crypto Offerings with Bitpanda Partnership
Coinmotion leverages Bitpanda's technology to become the Nordic leader in crypto offerings, solidifying its dominance across Scandinavia.
📊📈 Bitcoin Falls Below $60K Again, Open Interest Hits $365M Amid Market Speculation
Bitcoin (BTC), the world’s leading cryptocurrency, dipped below the $60,000 mark after a brief rally, hitting an intra-day low of $58,730.
🇺🇸 Crypto PAC-Supported Candidate Wins Nomination in Arizona Congressional Race
Crypto PAC-backed Democratic congressional candidate in Arizona, Yassamin Ansari, has narrowly won her opponent by 39 votes in the primary election.
💰 Core Scientific Repays $267M in Debt, Strengthens with $172.8M Cash Infusion
Bitcoin mining giant, Core Scientific has repaid $267M in debt, slashing interest rates to 3%, and scored a $172.8M cash infusion!
⚡️ Tether to Introduce Dirham Stablecoin in Partnership with UAE Partners
In partnership with Phoenix Group PLC and Green Acorn Investments Ltd., two UAE-based businesses, Tether has announced the release of a new stablecoin tied to the dirham.
3. Sun Wu Kong (WUKONG/WETH) 🚀
🔹 24h Price Change: +149%
🔹 Current Price: $0.0001594
🔹 Gradual Rise: Sun Wu Kong has experienced a 149% increase over the past 24 hours, showing steady growth.
🔹 Market Buzz: The rise might be attributed to community engagement or interest in niche tokens within the meme coin space.
🔹 Strategic Insight: Investigating any recent activities or community-driven initiatives could provide context for this rise.
🔹 Trade Wisely: With a lower price point and steady growth, Sun Wu Kong might appeal to those looking for gradual gains, but caution is still advised.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Department of Government Ether (DOGE/WETH) 🚀
🔹 24h Price Change: +1,948%
🔹 Current Price: $0.077589
🔹 Significant Surge: Department of Government Ether has seen a dramatic 1,948% increase over the past 24 hours, indicating a strong market performance.
🔹 Market Buzz: This sharp rise suggests increased interest and trading volume, possibly driven by speculative moves or recent developments in the market.
🔹 Strategic Insight: It's crucial to explore any recent news or factors contributing to this spike, as it may provide insight into future trends.
🔹 Trade Wisely: Given the substantial volatility, approach trading with caution, keeping an eye on market trends to make informed decisions.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🎰 Polymarket Betting Shifts Towards Trump Amid RFK Jr.'s Potential Withdrawal
The race for the U.S. presidency has taken yet another turn as betting odds on Polymarket have shifted toward former President Donald Trump.
📊 Cryptocurrency price check 📊
🔹 BTC: $59,682 - 2.04%
🔹 ETH: $2,603 - 2.66%
🔹 BNB: $562 - 0.98%
🔹 XRP: $0.59 - 2.32%
🔹 ADA: $0.35 + 4.17%
⚡️ Grayscale’s ETF Chief Argues Digital Assets Now a Non-Partisan Issue, Signalling Bullish Market
David LaValle, Grayscale's global head of ETFs, stated that digital assets have become a non-partisan issue, suggesting that the sector is relevant across the political spectrum.
🇧🇷 Brazil Gets Second Solana-Based ETF Approved, US Lags Behind
Brazil’s securities regulator has approved another Solana exchange-traded fund (ETF) this week, marking the second such approval in August.
Crypto Fund Ikigai Fined $150K for Bitcoin Loan Mismanagement
Crypto fund Ikigai Strategic Partners was fined $150k by the National Futures Association for misusing a Bitcoin loan.
🚨 German Regulator Confiscates 13 Crypto ATMs Over Money Laundering Concerns
🇩🇪 Major crackdown in Germany as authorities confiscated 13 illegal crypto ATMs and seized nearly €25 million over money laundering concerns! 💰🔒
Indian Authorities Demand $86 Million Tax from Binance
Binance CEO @_RichardTeng announced Binance’s partnership with INTERPOL to combat cybercrime worldwide.