September, 2024

Bitcoin Faces Challenges As Fear Dominates Market Sentiment
The Crypto Fear & Greed Index has taken a sharp turn from “Greed” to “Fear” this week, plummeting from 55 to 26 as Bitcoin’s price slipped below $58,000. This shift reflects the growing conc...

Digital Asset Market Faces Turbulence As Ethereum And Bitcoin See Major Outflows
The digital asset market experienced significant volatility last week, with investment products seeing a total net outflow of $305 million, according to CoinShares. Leading the pack was Bitcoin, which...

WazirX Faces $234M Hack, Users Could Lose 40% Of Funds Amid Restructuring Efforts
WazirX, a prominent Indian cryptocurrency exchange, has informed its users that they could face significant losses following a major security breach in July 2024 that resulted in the theft of $234 mil...

Fed Rate Cut Not Going To Plan As Capital Rotates To Obscure Trades Instead of Bitcoin, Says Arthur Hayes
BitMEX co-founder Arthur Hayes says he may have identified a reason why Bitcoin (BTC) is not rallying despite a looming Fed rate cut. Late last month, Fed Chair Jerome Powell hinted at upcoming rate c...

AI Crypto Tokens Crash to $20 Billion as US DOJ Subpoenas NVIDIA
The value of Artificial Intelligence (AI) crypto tokens has been on a rollercoaster ride, largely influenced by external factors, with the recent dip tied closely to Nvidia Corp. Over the past ei...

Polygon Set to Initiate Token Migration from MATIC to POL Within Hours
Polygon, the second-largest Layer-2 network built on the Ethereum blockchain, is initiating a major upgrade today. The longstanding MATIC token will transition to POL tokens. This move aims to enha...

DeFi Protocol Penpie Loses $27 Million in Hack, PNP Token Sinks 40%
The decentralized finance (DeFi) protocol Penpie, built on the Pendle yield platform, was exploited on Wednesday, resulting in a loss of about $27 million in crypto assets, according to blockchain dat...

Pure.cash: More Than A Decentralized Version of Ethena
Pure.cash countdown begins: game-changing protocol launches within a week. The project is built on Ethereum and aims to revolutionize the crypto industry, offering more than just a decentralized versi...

Why Is the Crypto Market Down Today?
Surging bearish sentiments have led to a sustained downtrend in crypto market activity. This is reflected in the decline in the total crypto market cap (TOTAL) and Bitcoin’s (BTC) price over the pas...

OverProtocol Successfully Launches Mainnet as a Layer 1 Blockchain
OverProtocol, a Layer 1 blockchain, has successfully activated its mainnet on September 4th. The project aims to create a user-friendly environment where anyone can easily participate in new P2P f...

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