Crypto

Source: Coin Tegraph Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July. Read Full Article

Source: Bitcoinist Shiba Inu is one of the altcoins that have been hit, especially in the crypto market crash, seeing a substantial decline from its 2024 highs. However, this has not deterred community members from their mission of trying to reduce the meme coin’s supply through burning. Over the last day, there has been a…

Source: Coin Tegraph The CFTC’s director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygon’s native token executed a key technical upgrade. Read Full Article

Source: Bitcoinist Input | Output, the research and engineering entity behind Cardano, along with Hedera, have been named the final founding members of the Decentralized Recovery (DeRec) Alliance, a new coalition aimed at fostering interoperability and enhanced security across the crypto industry. The alliance, established by leaders within the Hedera and Algorand ecosystems and formalized…

Source: Coin Tegraph With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns. Read Full Article

Source: Bitcoinist The increasing odds of Donald Trump nominating Elon Musk for a cabinet position have resulted in a discussion of the potential implications on the cryptocurrency market. According to Polymarket, as of September 5, 2024, there is a 21% likelihood of that occurring, which is significantly higher than the 13% seen just one day…

Source: Coin Tegraph Telegram’s “people nearby” feature has been suspected of being a way for state authorities to locate and track dissidents. Read Full Article

Source: Bitcoinist The world of meme coins continues to evolve, with projects like Shiba Inu (SHIB) and Mpeppe (MPEPE) adding exciting new functionalities to their ecosystems. While Dogecoin (DOGE) remains a household name in the cryptocurrency space, it faces stiff competition as its rivals introduce mobile gaming utilities and expand their real-world applications. In this…

Source: Coin Tegraph Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Read Full Article

Source: Bitcoinist An analytics firm has revealed that three altcoins have been seeing bearish bets on Binance, which may help fuel rebounds. Tron, Stellar, And 1inch Have Seen Negative Funding Rates Recently In a new post on X, the on-chain analytics firm Santiment has recently discussed the trend in the Binance Funding Rate for a…