San Htwe pfp

San Htwe

@usan

1 Following
16 Followers
San Htwe pfp
San Htwe
@usan
Crypto Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied any links with it.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Sonic testnet sees 1m active wallets and 600m transactions Sonic, a layer 2 gaming network on Solana, has announced that its testnet hit 1 million monthly active addresses and recorded more than 600 million transactions. The L2 is the first Solana Solana SOL 2.51% Solana virtual machine-powered gaming platform. It’s different from Fantom Fantom FTM 7.64% Fantom’s Sonic upgrade. In details shared with crypto.news on Aug. 8, Sonic SVM said the first phase of the testnet reached over 1 million active addresses. Total transactions exceeded 600 million, with Sonic Origins—the first phase of the network’s testnet—seeing users interact with games such as Rage Effect, JogoJogo, and LowLifeForms. The latest testnet milestone comes after Sonic Testnet Odyssey went live in June.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Telegram mini-games to get a boost with Pixelverse and Azur Games Web3 gaming platform Pixelverse has announced a strategic partnership with mobile game studio Azur Games to enhance the gameplay experience of Telegram mini-games. This collaboration will introduce a new mobile game on the Pixelverse platform featuring characters from the Pixelverse ecosystem. The partnership will bridge the gap between Web3 and traditional mobile gaming by leveraging advanced gameplay features and integrating blockchain elements.
0 reply
0 recast
1 reaction
San Htwe pfp
San Htwe
@usan
Decentralized crypto exchange Nexera halts trading following $1.5m exploit Multi-chain decentralized trading platform Nexera has suffered a $1.5 million exploit, forcing it to stop all trading operations. Decentralized crypto exchange Nexera — also known as AllianceBlock Nexera — has fallen victim to a hacker attack, resulting in a loss of $1.5 million worth of liquidity. The breach was first reported by blockchain forensic firm Cyvers through a post on X, which flagged a “suspicious transaction” involving Nexera’s proxy contract.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
ARK Invest buys $17.77 million COIN, $11.19 million HOOD as BTC fell under $50k In addition, ARK bought 681,885 shares of Robinhood (HOOD), the crypto-friendly online brokerage, for $11.19 million, marking its first purchase since Feb. 13. The buying activity was primarily within the ARK Innovation ETF (ARKK), which purchased 65,165 shares of Coinbase. The ARK Fintech Innovation ETF (ARKF) and the ARK Next Generation Internet ETF (ARKW) also participated, purchasing 15,629 and 13,003 shares of Coinbase, respectively.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Final day of 99Bitoins’ presale – token defies bear market, raises $2.6M The 99Bitcoins token presale, which has raised $2.6 million, ends today. This marks the last chance to buy at a fixed price before it lists on exchanges. 99Bitcoins token (99BTC) is the all-weather cryptocurrency. Engrossed by its unique learning platform, investors continue to buy the presale, undeterred by crypto’s recent devaluation.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Hackers use stolen funds to buy ETH amid price crash As the price of ETH dropped over 20% on Aug. 30, hackers were seen leveraging the opportunity to buy the dip using stolen crypto.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Bitcoin Plunges Under $60K; Crypto Bulls Lose $200M as Dogecoin, Solana Tokens Drop 10% Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend. Bitcoin slumped under $60,000 in early U.S. hours Sunday as a market sell-off continued into its fourth day, with bullish futures bets losing nearly $200 million in the past 24 hours. Ether (ETH) fell under $2,900, retracing all gains from its run to $3,400 in July as spot ETH exchange-traded funds (ETFs) were approved for trading in the U.S.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Solana Price Crash: SOL Breaches Crucial Support, Next Stop $125? The Solana price prediction remains uncertain as SOL struggles to maintain stability, dropping over 6% in the past 24 hours. This decline is driven by a broader bearish sentiment in the crypto market following the Federal Reserve’s decision to delay rate cuts, exacerbating recession fears and geopolitical tensions in the Middle East. Additionally, concerns over FTX potentially holding 8% of the SOL supply have intensified market apprehensions, adding downward pressure on Solana’s price as investors anticipate possible further declines
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Harris campaign seeks relationship reboot with crypto leaders, Ro Khanna to host virtual event U.S. Representative Ro Khanna is set to host a roundtable discussion between representatives from Vice President Kamala Harris’ campaign and cryptocurrency “industry leaders” on Aug. 5.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Bitcoin mining stocks end the week in a slump At the time of writing, Hut 8 is down 11.2% to $12.34 a share. CleanSpark is now $13.35 a share, down 11.35%, while Riot Platforms is at $8.50, down 8.8%. Marathon Digital Holdings is down 3.3% to $17.48. Marathon did disclose in its Q2 financial report that it sold over 50% of the Bitcoin Bitcoin BTC -4.94% Bitcoin it mined during the quarter to fund operating costs.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Solana has surpassed Ethereum for monthly decentralized exchange (DEX) trading volume for the first time in crypto history. Solana Solana SOL -4.63% Solana DEX volume hit $55.8 billion in July, outpacing on-chain trading activity on Ethereum Ethereum ETH -1.24% Ethereum between July 1 and July 31, per DefiLlama. Ethereum, the largest chain for decentralized finance, recorded $53.8 billion in the same period. Layer-2 networks like Arbitrum and Base and L1 blockchain Binance Smart Chain comprised the most volume after Solana and Ethereum.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Notcoin bets on Web3 gaming as its token price sinks Notcoin token price has seen a significant decline since June, when it peaked at $0.030. It has dropped by over 57% from its all-time high, bringing its market cap from over $2.68 billion to $1.28 billion.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Man U Launches Premier League’s First Web3 Fantasy Football Game ‘Fantasy United’ on Tezos Blockchain Manchester United has introduced “Fantasy United,” marking the Premier League’s first Web3 fantasy football game, built on the Tezos blockchain This innovative project integrates digital collectibles with an interactive fantasy football experience, allowing fans to collect “Player Trading Cards” and form fantasy squads, enhancing fan engagement and modernizing football fandom. The initiative follows a series of successful digital ventures by the club, aiming to deepen fan interaction and modernize football fandom.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
China’s Shaanxi Province Cracks Crypto Fraud Scheme, Arrests Four Despite Crypto Ban Mainland China, known for its stringent regulations on cryptocurrencies like Bitcoin, continues to face challenges with crypto investment frauds. Despite the nation’s comprehensive crypto ban, fraudulent activities persist. According to local news agency Baidu, on July 31, law enforcement in the Chinese province of Shaanxi successfully dismantled a crypto fraud scheme, arresting four suspects. The alleged fraudsters deceived the victim, identified as Wang, out of 410,000 Chinese yuan (approximately $56,800).
0 reply
0 recast
1 reaction
San Htwe pfp
San Htwe
@usan
Are Crypto ETFs Dangerous for Financial Markets? A prominent finance and economics-focused think tank in South Korea has has raised concerns regarding the approval of spot crypto ETFs (exchange-traded funds) in the country. The Korea Institute of Finance, through researcher Bo-mi Lee, has argued that the potential risks associated with these financial products may far outweigh their benefits. This has sparked a debate on the implications of crypto ETFs on global financial markets, particularly focusing on market volatility, resource allocation, and liquidity
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Crypto Investment Among Italians Soars 10% in Just Two Years The number of Italians owning crypto has significantly increased, more than doubling in just two years from 2022 to 2024, data released Tuesday by Italian financial regulator Consob showed. However, this growing popularity doesn’t necessarily mean a corresponding rise in understanding about these digital assets. A survey of over 2,000 investors conducted earlier this year found that the internet is the primary source of investment information for most Italian investors.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Hong Kong’s HashKey makes strategic investment in Catizen.AI’s publisher Crypto venture capital arm of HashKey has announced its strategic investment in Pluto Studio, the publishing platform behind Telegram-based game Catizen.AI.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
Hamster Kombat token launch still uncertain as developers cite technical complexity The highly-anticipated airdrop for the HMSTR token from popular Telegram-based game Hamster Kombat will likely be delayed as developers claim they are still “actively working” on it.
0 reply
0 recast
0 reaction
San Htwe pfp
San Htwe
@usan
SEC pauses securities allegations against Solana, Cardano and Polygon in Binance lawsuit The U.S. SEC has decided to pause its allegations that the native crypto assets of Solana, Cardano and Polygon are unregistered securities in its ongoing lawsuit against Binance. https://crypto.news/sec-pauses-securities-allegations-against-solana-cardano-and-polygon-in-binance-lawsuit/ https://crypto.news/sec-pauses-securities-allegations-against-solana-cardano-and-polygon-in-binance-lawsuit/
0 reply
0 recast
0 reaction