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Author: Zoe Mende

Cryptocurrency Trading Soars in Argentina Amid Economic Uncertainty

Cryptocurrency trading volume against the Argentine Peso has grown by 400% this year. The Argentine Peso is now the fastest-growing crypto trading pair in Latin America. Milei’s election and his pro-Bitcoin stance have contributed to the surge in crypto adoption. A new mandatory registry for Virtual Asset Service Providers has been introduced in Argentina. Despite the growth, the Argentine Peso remains the lowest...

Argentina, Cryptocurrencies, Front page, News

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Memecoins and Telegram Bots Drive DeFi Revenue to New Heights

Memecoin-specific applications are dominating the DeFi landscape, with Pump.Fun and Telegram bots generating nearly $50 million in revenue in June 2024. Pump.Fun, a token launchpad, has emerged as the second-highest grossing DeFi product, even surpassing Ethereum mainnet in 24-hour revenue on July 1st. Telegram trading bots, including Trojan, BananaGun, Maestro, and BonkBot, are also contributing significantly to the DeFi...

Cryptocurrencies, DeFi, Front page, Memecoins, News, Telegram

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Bitcoin Bottom Near: Miner Capitulation Mirrors FTX Implosion Levels, CryptoQuant Reports

Bitcoin bottom may be near as miner capitulation levels mirror those seen after FTX collapse in late 2022, according to CryptoQuant. The market is under pressure due to Mt. Gox creditor liquidations, with Bitcoin prices expected to rebound from August onwards. Historical data shows that July is typically a month of recovery for Bitcoin, with average gains of 7.42% in the month following a June decline. Is Bitcoin Nearing...

Bitcoin, Crypto Mining, Cryptocurrencies, Front page, News

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Consensys Acquires Wallet Guard to Enhance MetaMask Security

Consensys acquires Wallet Guard to enhance MetaMask security Entire Wallet Guard team joins Consensys within the MetaMask Product Safety Team Wallet Guard’s capabilities to be integrated to prevent hacks and scams before they occur Consensys’s commitment to safeguarding users against ever-evolving threats in the web3 ecosystem Consensys’s ongoing acquisitions consolidate its position in the web3 and...

Consensys, Cryptocurrencies, Ethereum, Front page, Metamask, News

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The SEC’s Latest Move: Targeting Ethereum Liquid Staking

The SEC has sued Consensys, alleging that its MetaMask wallet and staking services are unregistered securities. The lawsuit claims that Consensys collected over $250 million in fees from these activities. The announcement led to significant drops in the value of Lido DAO (LDO) and Rocket Pool (RPL) tokens. Consensys plans to challenge the SEC’s regulatory overreach, emphasizing the case’s importance for the web3...

Cryptocurrencies, Ethereum, Front page, News, SEC

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