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Cryptocurrency
Stablecoin Market Cap Reaches New All-Time High After 11 Months of Growth
August 26, 2024 06:34 PM AEST| By Team Kalkine MediaThe stablecoin market capitalization, excluding algorithmic stablecoins, has reached a record high of $168 billion, marking its highest level to date. This achievement follows 11 months of consecutive growth, surpassing the previous peak observed in...
Tether Reallocates $108.8M in USDT Linked to Illicit Activity Since 2014
August 26, 2024 06:33 PM AEST| By Team Kalkine MediaTether has recently achieved a significant milestone in the fight against cyber fraud by assisting in the seizure of $5 million in USDT linked to pig-butchering scams. Since its inception in 2014, Tether has aided over 145 law enforcement agencies in...
Bitcoin’s Coinbase Premium Reaches 39-Day High as $63K Level is Reclaimed
August 26, 2024 06:32 PM AEST| By Team Kalkine MediaRecent data indicates a notable increase in Bitcoin demand among U.S. market participants following the Federal Reserve's indication of forthcoming interest rate cuts. The Coinbase Premium Index, which tracks the price discrepancy between Bitcoin on...
Hong Kong Bitcoin ETFs Exceed $250M in Assets Under Management
August 26, 2024 05:56 PM AEST| By Team Kalkine MediaHong Kong's spot Bitcoin exchange-traded funds (ETFs) have seen their assets under management (AUM) exceed 2 billion Hong Kong dollars (approximately $256 million). Despite this significant milestone, these ETFs have had a slower start compared to th...
Toncoin Open Interest Rises 32% Following Pavel Durov’s Arrest
August 26, 2024 05:55 PM AEST| By Team Kalkine MediaFollowing the arrest of Pavel Durov, the price of Toncoin, the native cryptocurrency of The Open Network initially developed by Telegram, experienced a sharp decline. On August 24, Durov was detained upon arrival at Bourget airport near Paris. The ch...
AI Tokens Surge Ahead of Major Nvidia Earnings
August 26, 2024 05:54 PM AEST| By Team Kalkine MediaArtificial intelligence-based cryptocurrency assets have experienced significant growth over the past week, driven by anticipation surrounding Nvidia’s forthcoming earnings report for the second quarter of 2024.,AI-centric tokens such as,{Near Protoc...
Ether May See Significant Move to $3.5K as Traders Anticipate Upswing
August 26, 2024 05:53 PM AEST| By Team Kalkine MediaEther’s price chart is indicating a potential rise to higher levels, with analysts suggesting that a weekly close at $2,800 could signal a move towards the $3,500 to $3,600 range. Crypto analyst Matthew Hyland highlighted this potential in an analysi...
Polygon’s Discord Channel Hacked; Team Working to Regain Control
August 26, 2024 05:52 PM AEST| By Team Kalkine MediaAs the value and prominence of digital assets continue to grow, cybercriminals are increasingly targeting vulnerabilities within the cryptocurrency space. Recently, Polygon, a prominent blockchain platform, reported a security breach involving its co...
WazirX Attributes Restructuring Delays to External Factors
August 26, 2024 03:55 PM AEST| By Team Kalkine MediaIndian cryptocurrency exchange WazirX has unveiled a restructuring plan aimed at enhancing its financial stability and safeguarding user assets amidst ongoing recovery efforts. The exchange has expressed concerns regarding external factors that it be...
Polygon Discord Compromise Effects Avalanche and ZKsync Hours Later
August 26, 2024 03:54 PM AEST| By Team Kalkine MediaOver the weekend, several high-profile blockchain projects experienced similar security breaches on their Discord servers, involving fraudulent token distribution schemes.,The official Discord servers for {Avalanche} AVAX and ZKSync were compromised...
The Singularity: AI's Role as a Dominant Force in Crypto
August 26, 2024 03:53 PM AEST| By Team Kalkine MediaRenowned futurist Ray Kurzweil has recently advanced his timeline for the arrival of the AI singularity, suggesting that it is closer than previously anticipated. Kurzweil, a former Google researcher and prominent figure in technology, has published...
Thai Authorities Raid Illegal Bitcoin Mine Linked to Local Power Outages
August 26, 2024 03:52 PM AEST| By Team Kalkine MediaAuthorities in Thailand recently conducted a raid on an illegal Bitcoin mining operation in Ratchaburi, a town west of Bangkok, following numerous complaints from residents about persistent power outages.,Officials uncovered that these outages, which...
Bitcoin Chart Indicates for Rapid Move to $68K
August 26, 2024 03:52 PM AEST| By Team Kalkine MediaTraders are monitoring Bitcoin’s price closely as it tests critical support and resistance levels, with implications for its trajectory toward previous highs.,As of August 24, Bitcoin is trading slightly above $64,000, a threshold it has struggled to...
Mac Users Cautioned About Malware Stealing Crypto Wallets
August 26, 2024 03:20 PM AEST| By Team Kalkine MediaA new strain of malware named “Cthulhu Stealer” is posing a significant threat to Apple Mac users, particularly those using popular,{,Cryptocurrency},wallets. This malware targets widely used wallets such as MetaMask, Coinbase, Wasabi, Electrum, Atom...
ETH Increased 6X Months After Significant Ethereum Foundation Sale
August 26, 2024 03:19 PM AEST| By Team Kalkine MediaIn 2020, the Ethereum Foundation's sale of 100,000 ETH was followed by a significant price surge of over 500%, according to blockchain firm Arkham Intelligence. On August 23, 2024, the Ethereum Foundation transferred approximately 35,000 ETH, valued...
Can Toncoin Recover Following Pavel Durov’s Arrest?
August 26, 2024 03:18 PM AEST| By Team Kalkine Media{Toncoin},(TON) has experienced a significant decline in the past 24 hours, with its price dropping by as much as 25% to $5.24 following the arrest of Telegram CEO Pavel Durov by French authorities. Durov faces charges related to data privacy and cry...
Rumble Executive Confirms Departure from Europe Following Telegram CEO Arrest
August 26, 2024 03:17 PM AEST| By Team Kalkine MediaChris Pavlovski, the founder and CEO of Rumble, has announced his departure from Europe following the recent arrest of Telegram CEO Pavel Durov by French authorities. Pavlovski’s comments come amid ongoing tensions between Rumble and French authoriti...
Bitcoin Bulls Face Risk of 'Bart Simpson' Price Dip to $62K
August 26, 2024 03:17 PM AEST| By Team Kalkine MediaBitcoin's recent price movements have generated significant discussion, with various analyses suggesting potential short-term volatility. As of the August 25 weekly close, Bitcoin was trading around $64,000. Despite these gains, analysts caution that...
Solana TVL Reaches Near 1-Year High Will SOL Price Mirror This Trend?
August 26, 2024 03:16 PM AEST| By Team Kalkine MediaSolana’s native token, SOL, has struggled to surpass the $150 resistance level since August 12. Despite some positive network metrics, such as a notable increase in total deposits within its decentralized applications (DApps), questions remain about...
Shiba Inu Announces Plans to Launch DAO
August 26, 2024 03:16 PM AEST| By Team Kalkine MediaThe team behind Shiba Inu (SHIB), the 13th largest cryptocurrency by market capitalization, is set to introduce a decentralized autonomous organization DAO to enhance community governance. In an announcement made on August 25, Lucie, the pseudonymous...
