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Day: August 6, 2024

cryptocurrency August 6, 2024

Ethereum (ETH) had one of its worst days of the year on Monday, August 5, as the price experienced a steep 23% correction. The result of this infamous decline was a drop to $2,120 — a level it last reached in 2023. Advertisements However, while ETH has quickly recovered, the initial plunge likely marked the […]

cryptocurrency August 6, 2024

Ronin Bridge, an Ethereum sidechain built for the popular play-to-earn non-fungible token game Axie Infinity, has been hacked. The hack caused 3,996 Ethereum (ETH) worth approximately $9.33 million to be lost. Advertisements Players use the Ronin Bridge to transfer assets between the Ronin chain and the Ethereum network. Ronin Bridge Compromised for $9 Million PeckShield confirmed the […]

cryptocurrency August 6, 2024

Market analyst and trader Henrik Zerberg predicts a blow-off top in US markets for cryptocurrency and stock sectors. This prediction comes after the market-wide crash on Monday, which saw over $1 billion in crypto positions liquidated. Advertisements The crypto industry is recording a shift in sentiment, with Bitcoin up 8%, holding well above $55,000, and […]

cryptocurrency August 6, 2024

ETH weekly recap reveals the sharpest decline since FTX days. Leveraged liquidations may have had a strong hand in ETH’s performance. Ethereum [ETH] has experienced quite the roller-coaster of volatile price action in the last 7 days. The outcome has crashed the little bullish optimism that had started to manifest at the end of July, […]

cryptocurrency August 6, 2024

Key Takeaways Zoth has raised $4 million to fund its Tokenized Liquid Note backed by US Treasury Bills and corporate bonds. The company targets institutional investors with its blockchain-based fixed-income products. Share this article Advertisements URL Copied Advertisements Zoth, a decentralized finance infrastructure company specializing in the tokenization of real-world assets, has successfully secured $4 […]