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Cryptocurrency
Shiba Memu’s promising future as markets shift to quantum AI for enhanced crypto trading
August 25, 2023 12:20 PM AEST| By InvezzCryptocurrencies continue to revolutionize the finance industry, considering the increasing mainstream acceptance. Nonetheless, the sector remains discouraging due to factors such as volatility. The best thing is participants can utilize technology t...
Ethereum whale activity spikes to 16-week high
August 25, 2023 03:04 AM AEST| By InvezzEthereum continues to consolidate above $1,600 after last week’s dip, and data shows the past few days have witnessed a significant bump in whale activity. ETH whale activity at highs seen in May According to details shared today by market inte...
DeFi roundup: Liquidity and volume continue to thin
August 24, 2023 10:07 PM AEST| By InvezzA lot has been made of the threadbare nature of cryptocurrency trading on centralised exchanges recently. And understandably so, as trading has fallen off a cliff. Last year saw numerous scandals, highlighted by the Terra death spiral and FTX s...
Top NFT collections record double-digit losses as floor prices crash
August 24, 2023 09:23 PM AEST| By InvezzThe non-fungible tokens (NFTs) market maintains a bearish stance, with some renowned collections recording double-digit declines over the past 30 days. Nansen.ai’s data shows Bored Ape Yacht Club, Mutant Ape Yacht Club, and DeGods saw floor pri...
Crypto market strengthens as Bitcoin recovers from last week’s $1B liquidation event
August 24, 2023 08:16 PM AEST| By InvezzInvezz.com reported how liquidations surpassing $1 Billion deteriorated the crypto market last week. That triggered negative sentiments as Bitcoin plunged toward the $25K region. However, the narrative has changed over the past 24 hours as the market...
CHANCER price forecast amid bullish bets on crypto
August 24, 2023 08:16 PM AEST| By InvezzThe crypto market was up 1.3% on Thursday morning to mirror gains seen on Wall Street amid increasingly positive bets by market participants. Momentum appears to have cascaded into the Chancer ($CHANCER) presale, which is poised to hit $1.7 million....
FTX to sell, stake and hedge its crypto assets: taps Galaxy as an advisor
August 24, 2023 06:38 PM AEST| By InvezzAccording to court documents filed late on Wednesday night, bankrupt cryptocurrency exchange FTX is looking to hire Mike Novogratz’s Galaxy as an advisor to help it sell, stake, and hedge its massive crypto holdings. FTX, which went down in Nov...
Tornado Cash founders charged, arrested in the US
August 24, 2023 04:38 AM AEST| By InvezzRoman Storm and Roman Semenox, the founders of crypto mixer Tornado Cash have been charged and arrested in the US, according to details of an indictment unsealed today by the US Attorney’s Office, Southern District of New York. The indictment a...
BNB valuation curious as trouble mounts for Binance
August 24, 2023 12:09 AM AEST| By InvezzThe native token of the Binance ecosystem, BNB, is trading at a one-year low. The token is down 30% over the last month as it careens from one crisis to the next. It has come under further pressure this week amid a report published in the Wall...
Amazon Web Services (AWS) and Oasys launch Web3 Gaming Hackathon
August 23, 2023 10:00 PM AEST| By InvezzOasys, a blockchain platform optimized for gaming, has unveiled an online Web3 gaming hackathon in Singapore in its collaboration with Amazon Web Services (AWS). The hackathon will be conducted in partnership with notable entities such as Ubisoft, Ch...
State Bank of Pakistan (SBP) mentions XRP in its latest financial report
August 23, 2023 06:36 PM AEST| By InvezzThe State Bank of Pakistan has highlighted Ripple’s XRP in its latest yearly financial report. The financial institution mentioned the altcoin, recognizing its utility in cross-border monetary transactions. Notably, renowned XRP influencer Wara...
Shiba Memu frenzy accelerates as fear spreads in crypto industry
August 23, 2023 07:05 AM AEST| By InvezzCryptocurrencies are going through major challenges as US bond yields surge and regulatory scrutiny continues. Bitcoin has slipped below $26,000 and has formed bearish flag and double-top patterns. Other cryptocurrencies like Ethereum, Solana, and Ca...
Bank for International Settlement (BIS) warns against crypto-related financial risks
August 23, 2023 06:18 AM AEST| By InvezzThe Bank for International Settlement (BIS) has warned about potential crypto-related risks, including liquidity, volatility, and capital flow, that might discourage emerging market economies (EMEs). The financial institution remained concerned that...
Balancer alerts users to V2 Pools threat, affected LPs asked to withdraw funds
August 23, 2023 04:56 AM AEST| By InvezzBalancer Labs has announced that a number of V2 Pools are vulnerable to an exploit after it received a report to that effect. The team at the decentralized finance (DeFi) protocol disclosed the said vulnerability on Tuesday, adding that emergen...
Hexens audit confirms Camino Network has high security standards
August 23, 2023 02:18 AM AEST| By InvezzCamino Network Foundation says an audit confirms that its Web3 travel ecosystem has excellent security standards. Hexens – a renowned cybersecurity firm had conducted the said assessment of Camino Network. Complete report is available to read h...
Chancer outlook after expert said Bitcoin is still in a bullish market
August 23, 2023 12:28 AM AEST| By InvezzBitcoin has been in a sharp downtrend in recent weeks but host of the “Wolf of All Street” podcast is convinced that the digital asset is still in a bullish market. Melker does not see a new low in Bitcoin ahead Scott Melker attributes th...
Shiba Inu developers planning Shibarium relaunch
August 22, 2023 08:45 PM AEST| By InvezzDays after a much-anticipated network debut was derailed by network problems and a defective bridge, Shiba Inu developers are gradually moving towards a Shibarium network reopening by analyzing validator data and transactions. The project’s pri...
Binance Coin (BNB) sees continued havoc as liquidation worries intensify
August 22, 2023 05:35 PM AEST| By InvezzBinance Coin (BNB) continued price dip has caught the attention of market participants. Meanwhile, cryptocurrency enthusiasts speculate that the leading exchange may liquidate Bitcoin holdings to support its native token. BNB’s downside stance...
Bitcoin’s inevitable return to volatility
August 22, 2023 03:15 AM AEST| By InvezzBitcoin has awoken from its long slumber, with volatility rocking the asset at the tail end of last week as Bitcoin fell swiftly from $29,000 to $26,000. Markets had been remarkably steady recently, with volatility close to all-time lows and Bi...
Institutions dump Arbitrum (ARB) tokens amid prolonged downtrends
August 22, 2023 01:37 AM AEST| By InvezzArbitrum, a leading Ethereum-based layer2 chain, had its native token ARB exhibiting bearish actions since April 2023. Meanwhile, institutions seem ready to trim their holdings as they transfer ARB to centralized exchanges (CEXs). SpotOnChain tweeted...
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