Hong Kong crypto ETFs grow 80% since December, Binance’s co-founder warns against FOMOing into MAV with leverage, and Poly Network is hacked again.
The network previously allowed users to post on-chain messages but only in an unencrypted, completely public way.
The bulls are trying to nudge Bitcoin above the critical resistance of $31,000, which may start a broad-based crypto rally.
Shiba Inu had the greatest number of fake followers at 10.26% or 80,000 accounts, while Avalanche and Polygon followed suit with 8.14% and 7.58% of fake accounts respectively.
Bitcoin’s narrow range trading may end soon and if an upside breakout happens. Meanwhile, LTC, XMR, AAVE and MKR are showing strength.
The rejection of ETF applications by the SEC caused a knee-jerk reaction but the shallow fall in Bitcoin and several altcoins suggests that lower levels are attracting buyers.
SEC calls BTC ETF filings inadequate, Binance loses euro partner, and a record number of DeFi hacks and scams in 2023.
The latest Cointelegraph Report assesses the current growth rate of global cryptocurrency usage and tries to predict when crypto will reach mass adoption.
Snoop Dogg’s NFT passport is a blueprint for concert merch of the future, Sotheby’s NFT VP says The Goose drew Millennials to auction house.
Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, while holding and selling remains available until mid-September.