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Cryptocurrency
A lonely metaverse as Sandbox, Decentraland active users drop
September 14, 2023 06:00 PM AEST| By InvezzThe metaverse, one of the pillars of the blockchain industry, has lost traction in the past few months as the crypto winter continues. Most of the flagship metaverse platforms have seen their users and their tokens plummet by double digits. Similarly...
Certik questions authenticity of Telegram bot tokens following TON-based wallet launch
September 14, 2023 05:49 PM AEST| By InvezzBlockchain security company Certik has cautioned against Telegram bot tokens, which have gained popularity due to enormous price surges. That comes after Telegram debuted a crypto wallet on Open Network to give users complete control over their digit...
Astar Network launches Polygon-powered zkEVM solution
September 14, 2023 03:20 AM AEST| By InvezzAstar Network has undertaken a major network development after it announced on Wednesday that it had finally launched its Polygon-powered zkEVM solution. But despite the bullish feel around the news, the price of the altcoin has declined nearly 10% i...
Crypto market outlook as U.S CPI inflation soars 3.7%
September 14, 2023 12:46 AM AEST| By InvezzThe United States revealed August’s Consumer Price Index stats on Wednesday. The data showed inflation increased by 3.7% annually, pressuring the Fed as it surpasses the 3.6% prediction. Moreover, the labor agency confirmed that inflation has s...
Shiba Memu presale accelerates while TON token rises 13% on Telegram integration
September 13, 2023 10:24 PM AEST| By InvezzThe new crypto project Shiba Memu has been a sensation since it launched a presale two months ago. The presale has been occurring rapidly as investors hold huge expectations of the AI-led meme project. Over $2.7 million worth of tokens have been boug...
Hedera Hashgraph unveils Stablecoin Studio: HBAR price pops
September 13, 2023 10:05 PM AEST| By InvezzHedera Hashgraph (HBAR) has unveiled a new product aimed at financial services companies. In a statement, the developers launched Stablecoin Studio, a suit of products that will help these firms launch and scale their stablecoins. Stablecoin Studio h...
Hedera Hashraph unveils Stablecoin Studio: HBAR price pops
September 13, 2023 10:05 PM AEST| By InvezzHedera Hashgraph (HBAR) has unveiled a new product aimed at financial services companies. In a statement, the developers launched Stablecoin Studio, a suit of products that will help these firms launch and scale their stablecoins. Stablecoin Studio h...
Crypto Exchange CoinEx hacked, $29 million stolen
September 13, 2023 04:36 AM AEST| By InvezzCoinEx, a prominent global cryptocurrency exchange, has fallen victim to a significant security breach resulting in losses estimated at $29 million. The hack was brought to light by blockchain analysts who uncovered a series of suspicious transaction...
Franklin Templeton files for a spot bitcoin ETF
September 13, 2023 01:04 AM AEST| By InvezzFranklin Templeton, an asset manager with nearly $1.5 trillion in assets under management, is the latest investment giant to file for a spot bitcoin ETF. Eric Balchunas, a senior ETF analyst at Bloomberg, shared the news via his X account. Another sp...
Arbitrum downside continues, sending nearly all ARB investors underwater
September 12, 2023 01:41 PM AEST| By InvezzInvezz.com reported how Arbitrum price exhibits a downside trend amid weakened futures market. The continued price dip has left 99% of ARB investors with massive losses, and it may take time to witness recoveries. Arbitrum price hits new lows Arbitru...
FTX liquidations: DOGE, TRX and MATIC face “highest sell pressure”
September 12, 2023 04:20 AM AEST| By InvezzToday’s major talking point across the crypto market is the potential impact of an FTX firesale involving multiple coins and tokens. Traders positioning themselves for this scenario – expected this week if liquidators at the bankrupt cryp...
TOKO Network secures operating licence from Dubai’s VARA
September 12, 2023 12:49 AM AEST| By InvezzIn crypto news today, TOKO Network, a Web3 fintech platform of the DLA Piper law firm, has been granted an operating licence by Dubai’s Virtual Asset Regulatory Authority (VARA). A press release from the digital asset creation platfor...
Arbitrum’s ARB futures open interest slips as price plunges
September 11, 2023 11:56 PM AEST| By InvezzArbitrum (ARB), the fast-growing Ethereum scaling network, saw its token plunge to a record low on Monday. The token slipped to a low of $0.80, much lower than its record high of $1.88. This decline brought its market cap to more than $1 billion. Arb...
FTX pressure on Solana, other top altcoins: Buy Shiba Memu?
September 11, 2023 07:39 PM AEST| By InvezzAs FTX awaits approval to liquidate over $3.4 billion in assets to refund claims, market sentiment could flip negative amid a significant dump. Among cryptocurrencies likely to face fresh downside pressure is Solana (SOL), a token the collapsed crypt...
Web3 investor Animoca Brands raises $20M to advance the Mocaverse project
September 11, 2023 07:30 PM AEST| By InvezzCMCC Global led the fund round that saw Web3 investor Animoca Brands raising $20 million. The company will use the funds to advance the Mocaverse, a project for developing state-of-the-art tools for entertainment and gaming services. Animoca Brands r...
Solana price down amid fears of FTX dumping
September 11, 2023 06:15 PM AEST| By InvezzThe price of Solana (SOL) dropped more than 6% today amid worries that the token and other crypto assets linked to Solana may soon be liquidated by bankrupt cryptocurrency exchange FTX. The defunct FTX owns a total of $1.5 billion in crypto assets on...
Cardano nears a depression phase as ADA price hits 2023 lows
September 11, 2023 05:04 PM AEST| By InvezzThe prolonged cryptocurrency winter continues to hit altcoins harder, and Cardano seems to be the top victim. Data shows ADA has plunged to the lowest price levels of 2023, and further crashes appear possible. Benjamin Cowen of ITC believes price dec...
Exchange Coinbase to end its operations in India amid regulatory challenges
September 11, 2023 04:03 PM AEST| By InvezzIn another turn of events in the cryptocurrency world, exchange Coinbase plans to suspend its trading offerings in India from 25 September. The firm emailed its Indian users about the development, citing regulatory challenges. Meanwhile, the email...
Shiba Memu (SHMU) outlook as strategist dubs AI-driven rally ‘justified’
September 10, 2023 05:57 AM AEST| By InvezzArtificial intelligence has delivered unprecedented rallies in shares of key players like Nvidia this year – but a Goldman Sachs strategist is convinced that fears of a bubble are overblown. Why is artificial intelligence not a bubble? Peter Op...
Perpetual Protocol (PERP) open interest surges as price defies gravity
September 09, 2023 04:27 AM AEST| By InvezzPerpetual Protocol has emerged as the best-performing cryptocurrency this week. PERP, its token, surged to a high of $1.2296, the highest level since February this year. In all, the token has jumped by more than 210% from the lowest level this month....
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