NEWS

A meme comparing the SPX cryptocurrency and the S&P 500. (@SPX6900/X)

October 17, 2024

As SPX6900 Memecoin Rockets in Price, Smart Money Traders Have Started Selling

SPX6900 is a $640 million market cap memecoin with the quixotic goal of achieving a larger market cap than that of the S&P 500.

PODCASTS

The Chopping Block: Memecoin Frenzy, Unichain Reaction, & Kamala’s Crypto Agenda

Episode #720 | October 16, 2024

The Chopping Block: Memecoin Frenzy, Unichain Reaction, & Kamala’s Crypto Agenda

Memecoin Supercycle, Uniswap’s Chain Gamble, & Kamala’s Crypto Play

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Press Release

July 31, 2024

UBD Network Introduces DeTrust wallet for Enhanced Teamwork and Asset Protection

UBD Network, a professional multi-signature platform and self-managed crypto asset wallet, introduces DeTrusts as a simplified, secure, and decentralized alternative to traditional trusts for digital asset management, team collaboration, and inheritance transfer.

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Bitcoin

October 16, 2024

Bitcoin Price Hits a 10-Week High as Demand Spikes: CryptoQuant Report

Increased buying by both spot bitcoin ETFs and whales have resulted in heightened demand, according to the onchain analytics firm.

October 16, 2024

Bitcoin Monthly Trading Volumes Averaged $2 Trillion Year-to-Date

A team of analysts at Coinbase Institutional and Glassnode attribute a ‘relative lack of direction’ in crypto prices to uncertainties that lie ahead, including the U.S. election.

October 15, 2024

Bitcoin Rallies to $66,000 as Daily Net Purchases Top $1 Billion

Bitcoin rallied past $66,000 on Monday, liquidating $56 million short positions in the asset.

October 11, 2024

$188 Million Liquidated Across Crypto Exchanges as Bitcoin Dips Below $59,000

More than $150 million worth of long crypto positions were liquidated over the last 24 hours.

Business

October 17, 2024

As SPX6900 Memecoin Rockets in Price, Smart Money Traders Have Started Selling

SPX6900 is a $640 million market cap memecoin with the quixotic goal of achieving a larger market cap than that of the S&P 500.

October 17, 2024

Crypto Activity and Usage Is At An All-Time High: a16z

Monthly active addresses hit a record high of 220 million, noted a16z’s crypto research team.

October 16, 2024

GOAT: How AI Agents Talking Turned Into a $268 Million Memecoin ‘Religion’

GOAT, a memecoin popularized by an artificial intelligence agent named Terminal of Truths, is a reference to a pseudo-religion sparked by a conversation between two instances of the same Anthropic AI Model.

October 16, 2024

Grayscale Files to Convert Multi-Token Crypto Fund Into ETF

Grayscale Investments has filed to convert its $520 million Digital Large Cap Fund into an ETF.

DeFi

October 17, 2024

Polymarket Surpasses $1 Billion in Monthly Trading Volume, Becomes Top Free News App in Apple’s U.S. App Store

A 2022 settlement with the CFTC requires Polymarket to block users in the U.S. from making trades, however.

October 16, 2024

Radiant Capital Halts Lending Markets After $50 Million Exploit

Radiant Capital was exploited on Arbitrum and BSC after an attacker allegedly gained control of the protocol’s multisig wallet.

October 15, 2024

Ethena’s Governance Token ENA Soars 60% Over Last 7 Days

Two recent updates—one involving SOL as a potential backing asset for USDe and the other about a large planned investment in real-word asset products—appear to be behind the rise. 

October 15, 2024

Donald Trump-Backed World Liberty Financial Raises More Than $8 Million in Initial Token Sale

The amount is a far cry from the $300 million the DeFi project is reportedly looking to raise in this initial sale, however. 

Ethereum

October 16, 2024

The Chopping Block: Memecoin Frenzy, Unichain Reaction, & Kamala’s Crypto Agenda

Memecoin Supercycle, Uniswap’s Chain Gamble, & Kamala’s Crypto Play

October 14, 2024

Ethereum Validators Could Lose Millions From Uniswap Fees After L2 Launch: The DeFi Report

Unichain could redistribute millions of dollars in value to Uniswap Labs and UNI token holders, claims The DeFi Report’s Michael Nadeau. Not everyone is convinced that liquidity on the layer 1 will migrate.

October 10, 2024

The Chopping Block w/ Stani Kulechov: Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales

Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales (feat. Stani Kulechov)

October 8, 2024

Scroll Community Criticizes SCR Token Launch Plan for Favoring Binance Whales

The Ethereum-based Layer-2 protocol announced that it’s allocating 5.5% of its token supply to the Binance launchpool.

NFTs

August 28, 2024

OpenSea’s Wells Notice From the SEC Could Prove ‘Disastrous’

The SEC is planning to recommend action against the second-largest NFT marketplace for selling unregistered securities. 

August 2, 2024

Weekly Recap: Tether’s Record Profit, NFT Lawsuit

This week in crypto: The rise of Pump.Fun’s revenue, California DMV’s blockchain initiative, BitClout founder charged, and more!

July 29, 2024

Are NFTs Securities Offerings? Two Artists Sue the SEC to Find Out

 ‘Song-A-Day’ Man artist Jonathan Mann and Law Professor Brian Frye have sued the SEC to help provide regulatory clarity for digital artists who use blockchain technology and NFTs.

June 20, 2024

Has the Market Decided NFTs Aren’t Worth Millions of Dollars Anymore?

CryptoPunks and Bored Ape Yacht Club are reaching multi-year lows in floor price amidst a broader NFT downturn. However, Milady Maker and Pudgy Penguins are exceptions to the ongoing trend.

Regulation

October 17, 2024

Polymarket Surpasses $1 Billion in Monthly Trading Volume, Becomes Top Free News App in Apple’s U.S. App Store

A 2022 settlement with the CFTC requires Polymarket to block users in the U.S. from making trades, however.

October 15, 2024

Donald Trump-Backed World Liberty Financial Raises More Than $8 Million in Initial Token Sale

The amount is a far cry from the $300 million the DeFi project is reportedly looking to raise in this initial sale, however. 

October 8, 2024

Regulators Are Limiting Banks Serving Crypto Clients. Does That Violate the Law?

If the Federal Reserve and FDIC are imposing an undisclosed rule, they may be in breach of the Administrative Procedure Act. 

October 7, 2024

FTX’s Multi Billion-Dollar Distribution Plan Is Approved. Here’s How It Will Impact the Crypto Market

FTX creditors will soon start to receive as much as $16.5 billion in distributions now that the bankrupt crypto exchange’s reorganization plan has been approved. But that doesn’t mean all this money will immediately flow back into the crypto markets. 

Tech

October 10, 2024

Uniswap Labs Announces New Unichain Layer 2 to Improve the Fragmented DeFi Experience

Unichain, intended to offer faster and cheaper transactions, unifies the experience cross chain and was made in collaboration with Flashbots, a firm known for its research in maximal extractable value.

October 4, 2024

Crypto Twitter Spars Over How to Assess Oracles: Is Total Value Secured Better?

While total value secured has been the primary metric to track oracle adoption, a Blockworks Research report funded by oracle provider Pyth suggests total transacted value as a better metric, which would place Pyth above its rival Chainlink.

October 2, 2024

DEGEN, a Memecoin on Coinbase-Incubated Base, Jumps Over 125% Amid Upcoming Listing

Since Coinbase announced it added DEGEN to its listing roadmap, the token has seen its market cap surpass $160 million.

October 1, 2024

Could Bittensor End Up Being the Only Crypto/AI Project That Matters?

Bittensor, a decentralized AI project, is gaining attention as one of the most promising intersections of AI and crypto.

In Case You Missed it

The Chopping Block: Memecoin Frenzy, Unichain Reaction, & Kamala’s Crypto Agenda
The Chopping Block w/ Stani Kulechov: Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales

Episode #717 | October 10, 2024

The Chopping Block w/ Stani Kulechov: Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales

Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales (feat. Stani Kulechov)

For Beginners

wbtc alternatives

September 16, 2024

Top Wrapped Bitcoin (WBTC) Alternatives You Should Know About

Several WBTC alternatives have emerged to bring Bitcoin liquidity to DeFi ecosystems across the cryptoverse. Discover the most prominent ones in this guide.

based rollups

July 3, 2024

What Are Based Rollups and How Do They Work?

Based rollups are an exciting new addition to rollup scaling solutions.

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