Categoria: Uncategorized

HYPE sits at a crossroads between correction and complete reversal, with bearishness creeping into Hyperliquid price predictions over the past week. The altcoin has bled 7% on the back of Russia–Ukraine peace talk uncertainty and hotter-than-expected U.S. PPI inflation data, which dented hopes for a September rate cut. Still, analysts anticipate up to four rate…

Digital asset investment products recorded $3.75 billion in inflows last week, the fourth-largest on record, signaling a sharp rebound in institutional appetite after weeks of muted sentiment. Key Takeaways: Crypto investment products drew $3.75B in inflows last week, pushing AuM to a record $244B. Ethereum dominated with $2.87B, outpacing Bitcoin’s $552M and setting a new…

Solana recorded 107,540 transactions per second on mainnet over the weekend, marking what developers claim as the first time a major blockchain has achieved 100,000 TPS. Helius co-founder Mert Mumtaz announced the milestone on social media, crediting developer “dr cavey phd” for executing the stress test that pushed Solana’s throughput to six figures. Solana just…

Key Takeaways: Ethiopia has stopped issuing new electricity supply permits to Bitcoin mining firms because it cannot meet demand. It comes as 57 million Ethiopians still lack access to electricity, raising concerns over national priorities. Ethiopia’s state power company reported $220 million in Bitcoin mining revenue over the past year. Ethiopia has stopped issuing new…

Electric vehicle startup Faraday Future is pivoting toward digital assets with plans to build a $30 million crypto treasury and explore tokenized vehicle sales. Key Takeaways: Faraday Future will launch a $30M crypto treasury and aims to expand holdings up to $1B. The EV firm plans tokenized car sales through its upcoming “EAI Vehicle Chain.”…

North Korea’s infamous Lazarus Group has been linked to the $23 million crypto heist that brought down British startup Lykke. Lykke, a crypto trading platform incorporated in the UK, lost nearly $23 million last year due to a security breach. Investigations at the time revealed that hackers stole 158 BTC and 2,161 ETH. The hacker…

The community behind Qubic, an AI-focused blockchain project, has voted to target Dogecoin (DOGE) with its next 51% attack, just days after successfully taking majority control of the Monero (XMR) network. Key Takeaways: Qubic’s community voted to target Dogecoin next after claiming majority control of Monero’s network. The Monero takeover forced Kraken to suspend deposits,…

Japan is preparing to greenlight its first yen-denominated stablecoin this autumn, marking a big step in the country’s approach to digital assets and cross-border payments, Nikkei reported Monday. The Financial Services Agency is expected to approve issuance of the stablecoin as early as October, with the token aimed at uses ranging from international remittances to…

A self-styled crypto influencer has been sentenced to one year and one day in prison for orchestrating a large-scale cryptojacking scheme that defrauded major cloud computing providers of more than $3.5 million in resources. Key Takeaways: Crypto influencer Charles O. Parks III was sentenced to one year and a day for a $3.5M cloud cryptojacking…

India’s top tax authority has raised several questions to local crypto players whether India needs a new digital assets law. The Central Board of Direct Taxes (CBDT) has also inquired whether the 1% tax-deducted-at-source (TDS) on every sale is excessive. Per a report by The Economic Times, the tax body has requested that crypto platforms…