August, 2024

August, 2024

Lido Finance launches institutional-grade liquidity staking
Lido Finance's new institutional-grade staking solution could significantly enhance institutional participation in the crypto ecosystem, despite regulatory scrutiny. The post Lido Finance launches ins...

Kujira Team Proposes New DAO Following Liquidity Crisis
Key Takeaways The Community Pool will be migrated to the Operational DAO, enabling longer and more thoughtful voting periods for grant requests. The team clarified that the Kujira treasury ...

Grayscale Ethereum ETF outflows exceed $2B
While Grayscale’s spot Ether ETF experienced substantial outflows, other ETFs are showing different trends....

Dogwifhat open interest declines 28% amid fears of $1.50 ‘likely retest’
Crypto traders claim that Dogwifhat will “likely retest” the critical support level as its price and open interest have both plummeted since July 27....

OpenAI’s current business model is ‘untenable’ — Report
Technology commentator Edward Zitron claims OpenAI will need to make several changes to “survive” beyond two years, but some industry executives disagree....

XRP, Bitcoin Sentiment Remains Very Positive: Bad Sign For Price?
Data shows the sentiment around XRP and Bitcoin is quite bullish currently, something that can actually be to the detriment of their prices. XRP & Bitcoin Among Coins Observing Positive Sentiment Righ...

Solana Price Crashes Below $160 Amid Revelations Of FTX’s Hidden SOL Stash
The Solana price has been rocked by the latest bombshell revelations surrounding the collapse of crypto exchange FTX. According to a whistleblower claiming inside knowledge of FTX’s operations, the ...

Will August Again Be A Drag For Bitcoin? Here’s What Historical Data Says
In the Bitcoin and the overall crypto market, August has long been observed as a quieter month, with historical data showing a consistent downturn in both activity and asset value during this time of ...

BALL Crypto Scam? Former NBA Player’s RWA Project Accused Of $330,000 Rug Pull
Former NBA player Scottie Pippen launched the Game 5 Ball (BALL) project, a real-world asset (RWA) project to tokenize the “legendary 1991 Game 5 championship ball.” After the launch, Pippen and t...

Fantom Rebrands To Sonic Labs, Gears Up For Highly Anticipated EVM Chain Launch
Decentralized smart contract platform Fantom has undergone a transformation, rebranding itself as Sonic Labs in preparation for the upcoming launch of Sonic, an Ethereum Virtual Machine (EVM). The reb...

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