August, 2024

August, 2024

Major Sell-Off And Unexpected Surge: The $ONDO Rollercoaster
On August 5th, iCrypto witnessed a significant sell volume of $1.66 million for the RWA token, $ONDO. Notably, $1.59 million of this came from the wallet 0x3737, known as “ThisWillMakeYouLoveAgain.�...

Ore protocol’s V2 drives 14% of Solana network transactions
Ore, a Bitcoin-like mining protocol on the Solana blockchain, accounts for about 14% of the network’s total transactions, according to Top Ledger data. Since launching its updated Version 2 (V2) on ...

JP Morgan points to institutional Bitcoin optimism for resilient market
Quick Take Recent research shared by Matthew Sigel, Head of Digital Assets Research at VanEck, J.P. Morgan, highlighted several reasons institutional investors remain optimistic about Bitcoin. The res...

Metaplanet stock soars 20% as firm agrees to 1 billion yen loan to fund Bitcoin acquisition
Tokyo-listed Bitcoin investment firm Metaplanet plans to secure a loan of ¥1 billion, equivalent to $6.8 million, to increase its Bitcoin holdings, according to an Aug. 8 statement. Earlier in the we...

New listing for Toncoin causes 10% surge despite Binance ‘curse’ concerns
Binance, the leading crypto exchange by trading volume, announced it will list Toncoin (TON) today, Aug. 8. The exchange will enable spot trading for Toncoin with several pairs starting at 10:00 UTC. ...

Leveraged short positions close to $1 billion liquidation as Bitcoin climbs
Quick Take Bitcoin experienced a notable drop on Aug. 5, falling to $49,000—the lowest price since mid-February. Howev...

WazirX to restore balances of accounts, undo all trades affected by hack
WazirX has announced the restoration of user balances and the reversal of trades conducted between July 18 and July 21. This decision follows a $230 million attack that disrupted platform operations o...

Defunct FTX and Alameda banned from crypto trading in $12.7 billion CFTC settlement
US District Judge Peter Castel has approved a $12.7 billion settlement in a case involving the US Commodity Futures Trading Commission (CFTC), the bankrupt FTX exchange, and its affiliate, Alameda Res...

Rise in Bitcoin OTC desk balance hits 328,000 BTC, highest since June 2022
Quick Take According to recent data from CryptoQuant, the balance of Bitcoin on over-the-counter (OTC) desks has surged,...

SEC seeks public input on NYSE proposal for Ethereum ETF options
The US Securities and Exchange Commission (SEC) is inviting public comments on a proposal from New York Stock Exchange (NYSE) American LLC to list and trade options on Bitwise and Grayscale‘s spot E...

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November