In recent weeks, the native token of THORSwap, THOR, has experienced a surge, with its value increasing by nearly 300%. This surge has attracted attention within the crypto community, prompting an exploration of the factors contributing to THOR’s rapid growth.  THORSwap, a cross-chain decentralized exchange (DEX) aggregator built on the THORChain network, has been pivotal in driving this surge.  THORSwap […]

Federal prosecutors plan to use Caroline Ellison’s personal documents in the lawsuit against Sam Bankman-Fried.  Caroline’s personal documents reportedly prove that the FTX founder misappropriated customer funds.  The Department of Justice plans to use similar documents from former FTX executives Nishad Signh and Gary Wang.  The DOJ’s latest filing showed that Ryan Salame will not testify against his former boss […]

On Monday, August 14, the metaverse platform The Sandbox released approx. 16% of its circulating supply in a planned event. SAND, the utility token used in The Sandbox web3 ecosystem, is utilized for interaction and transactions, with a maximum supply of 3,000,000,000 SAND. The anticipated event saw 332 million SAND unlocked, equating to $129.9 million in funds. The latest unlock […]

Chiliz, the pioneering sports blockchain platform, is set to make waves once again as it teases forthcoming upgrades to its smart contracts. In a recent tweet, Chiliz unveiled its plans to enhance the functionality of its smart contracts, showcasing the company’s ongoing commitment to providing a seamless and efficient experience for its users.  Chiliz has been a trailblazer in the […]

Hedera (HBAR) has stolen the limelight by becoming the highest-gaining cryptocurrency in the past 24 hours. As investors eagerly accumulate, the token’s price exhibits a roller-coaster ride of volatility. While optimism fuels the anticipation of a price rally, caution is advised as HBAR’s Bollinger Bands cast a shadow of uncertainty over its immediate future. At the time of writing, HBAR’s […]

Layer one trading blockchain Sei Network has reached a fully diluted valuation of $1.8 billion on the initial day of token listing. On August 15, major exchanges such as Binance, Bybit and Bitget jointly listed the network’s native token (SEI). On Binance, the token opened at $0.064 apiece before surging as high as $0.48. It currently trades at $0.18 at […]

Crypto custodian Prime Trust filed for Chapter 11 bankruptcy in the United States state of Delaware on Aug. 14 after reporting shortfalls in customer funds. Prime Trust said it’s working with 25,000 to 50,000 creditors and has liabilities of up to $500 million.  Although the news of the company’s financial instability broke mid-way through August, members of the crypto community […]

Ethereum price is struggling to rise above the $1,850 zone against the US Dollar. ETH could drop toward the $1,800 support in the near term. Ethereum is trading in a range below the $1,850 and $1,860 resistance levels. The price is trading below $1,850 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with support near […]

Bitcoin price is still struggling below the $29,650 zone. BTC could gain bearish momentum if there is a close below the $29,100 support. Bitcoin is showing a few bearish signs below the $29,650 zone. The price is trading below $29,400 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support near $29,320 on […]