The TON price currently hovers at $1.28, representing a 4.54% price increase in the last 24 hours. Its price gain in the last 7 days stands at 7.58%. Toncoin is likely benefiting from the positive outlook of the global crypto market, standing at $1.18 trillion, representing a 1.42% gain in the last 24 hours. But…
Coinbase’s Head of Research, David Duong, has shared his insights on the recent market movements in traditional finance and crypto. He believes that current macro conditions suggest a temporary pause in the recent strong USD trend, which should support the crypto market. Key Crypto & Finance Movements Duong notes that the recent carry trades upset…
A recent study by the Bank of Canada (BoC) has shown a decline in the ownership of cryptocurrencies over the two years. The BoC has attributed this decline in crypto ownership to ecosystem collapses, regulatory hurdles, and price depreciation. Bitcoin’s Decline Most Notable According to the Bitcoin Omnibus Survey, Bitcoin’s ownership across the country dipped…
According to data released by the Ukrainian government, cryptocurrency firms offering services in Ukraine have failed to contribute over $81 million in taxes to the country’s budget in the past decade. This comes after the country passed a crypto bill into law in 2022 that amends its tax code to allow the country to generate…
On July 30, a meme coin called BaldBaseBald (BALD) launched on Base Network, Coinbase’s new Layer 2 built on Optimism. The coin referenced Brian Armstrong, Coinbase’s “bald” founder, and quickly became a coordination point for speculators on the frontier chain. Within two days, the token had reached a market cap of $100 million, with over…
The crypto market witnessed heightened volatility last week, with most coins observing steep declines. However, today, June 27, the market has registered a slight recovery as most coins posted a few gains, but SOL’s gain is the most notable among all. Solana’s native token, SOL, recorded over 3% price growth over the past 24 hours, while…
A new bug called “Zenbleed” affecting specific AMD CPUs has been found that can potentially leak info, such as keys attached to crypto wallets. AMD Zenbleed May Be Exploited To Leak Crypto Wallet Keys As reported by the computer-focused news website Tom’s Hardware, a new vulnerability related to AMD CPUs has been discovered that can…
In a recent development, a judge of the Singapore High Court has declared that cryptocurrencies are personal properties. The court likened crypto to fiat money, and since fiat passes as personal property, crypto should pass as one, too, the court reasoned. Genesis Of The Case Judge Philip Jeyaretnam made this declaration in a case that…
MakerDAO’s (MKR) posted positive moves today even as the broader market saw a slight correction. While top coins painted charts red with bearish moves, MKR added over 3% in the last 24 hours, bringing its price to $1,139.92 at 9:25 am EST. This bullish momentum coming amid a bear market trend suggests that special factors…
South Park’s Kenny McCormick may be perpetually doomed, but his latest venture in the world of cryptocurrency is anything but. Burn Kenny, the new hilariously irreverent meme coin has raised over $400,000 in market cap on its presale, leaving fans excited for what’s to come. Inspired by the beloved South Park character, Burn Kenny is…