August, 2024

August, 2024

Bitcoin miner wallet balances continue to shrink
Onchain Highlights DEFINITION: The total supply held in miner addresses. Bitcoin miners’ wallet balances have been on a steady decline since 2011, with the trend continuing into 2024. The first char...

Oasys partners with Japanese TradFi giant SBI Holdings to push blockchain gaming
Oasys, a blockchain platform specializing in the gaming industry, announced a strategic partnership with Japan’s financial conglomerate, SBI Holdings, according to an Aug. 29 press release. The part...

Cardano Chang hard fork to redefine decentralized governance from Sept. 1
Intersect, a Cardano membership organization, announced that the highly anticipated Chang hard fork will occur on Sept. 1, according to an Aug. 29 statement shared with CryptoSlate. Intersect highligh...

Binance Executive Detained in Nigeria Now in ‘Deteriorating Condition,’ According to CEO Richard Teng
Binance executive Tigran Gambaryan, who has now spent more than six months in a Nigerian prison, is suffering from “rapidly deteriorating” health conditions, according to the firm’s CEO. In a ne...

‘Pig Butchering’ Is the Most Lucrative Crypto Scam in 2024: Chainalysis
New data from market analytics platform Chainalysis reveals that “pig butchering” schemes are the most lucrative type of crypto scam in 2024. In its 2024 crypto crime mid-year report, Chainalays r...

Bitcoin ‘Party Time’ Incoming if BTC Breaks Above This Level, Says Crypto Analyst Michaël van de Poppe
Crypto strategist Michaël van de Poppe predicts that if Bitcoin (BTC) flips one key level into support it will soar into the $70,000 range. The analyst tells his 723,800 followers on the social media...

Toncoin Blockchain Community Launches Initiative to Free Telegram Founder Pavel Durov After France Arrest
The community behind layer-1 blockchain The Open Network (TON) is rallying behind the messaging platform Telegram’s founder, Pavel Durov, who is currently detained in France. French authorities arre...

Bitcoin Dormant Activity Hints at a Market Bottom
The Bitcoin (BTC) market has recently seen a notable shift in the activity of its long-term holders. On Thursday morning, there was a notable surge in the “age consumed” metric, indicating that...

Ethereum (ETH) Whales Abandon Ship as Coin Dips by Double Digits
Leading altcoin Ethereum has seen a significant price decline. Currently trading at $2,551, ETH has dropped by over 20% in the past month. This downturn has led Ethereum whales to gradually reduce ...

Market Awaits Trump’s Plan to Make US World Crypto Capital
Markets remain on the lookout after an announcement that Donald Trump has a big plan for crypto, which will be revealed on Thursday afternoon. Evidence of the anticipation is a strong move for Bitc...

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August