CoinMarketCap Announcements
π CryptoNews of the Day π
Coinbase Opts Out of Artificial Superintelligence Alliance $7.5B Token Merger: Coinbase will not participate in the upcoming $7.5 billion token migration of the Artificial Superintelligence Alliance (ASI).
πDetails: https://coinmarketcap.com/academy/article/coinbase-opts-out-of-artificial-superintelligence-alliance-dollar75b-token-merger
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π CryptoNews of the Day π
Zeta Markets' Airdrop Outperforms Expectations, Surging to $30M in Value: Zeta Markets, a Solana-based decentralized exchange (DEX) known for facilitating on-chain perpetuals trading, launched an airdrop on Thursday, distributing 100 million ZEX tokens.
πDetails: https://coinmarketcap.com/academy/article/zeta-markets-airdrop-outperforms-expectations-surging-to-dollar30m-in-value
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π CryptoNews of the Day π
Bitcoin Miner CleanSpark to Acquire Griid Infrastructure in $155 Million Deal: Bitcoin miner CleanSpark announced its plan to merge with Griid Infrastructure, acquiring all of the mining firm's common shares in a deal worth $155 million.
πDetails: https://coinmarketcap.com/academy/article/bitcoin-miner-cleanspark-to-acquire-griid-infrastructure-in-dollar155-million-deal
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π CryptoNews of the Day π
Crypto Hacks and Frauds Surge to $509M Q2, Immunefi Reports: Web3 bug bounty platform Immunefi has revealed that the cryptocurrency industry lost an estimated $509 million to hacks and fraud in the second quarter of 2024.
πDetails: https://coinmarketcap.com/academy/article/crypto-hacks-and-frauds-surge-to-dollar509m-q2-immunefi-reports
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π CryptoNews of the Day π
New US President, SEC Could Pave Way for Approval of Spot Solana ETF, Bloomberg ETF Analyst Says: The launch of a spot Solana (SOL) exchange-traded fund (ETF) in the United States might depend on a shift in administration and changes in the leadership.
πDetails: https://coinmarketcap.com/academy/article/new-us-president-sec-could-pave-way-for-approval-of-spot-solana-etf-bloomberg-etf-analyst-says
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π CryptoNews of the Day π
TON-Based Notcoin Announce 210M Token Burn Worth $3M, NOT Surges 16%: The Telegram-based cryptocurrency Notcoin (NOT) announced a major token burn, eliminating 210 million NOT tokens valued at $3 million in a single day.
πDetails: https://coinmarketcap.com/academy/article/ton-based-notcoin-announce-210m-token-burn-worth-dollar3m-not-surges-16percent
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π CryptoNews of the Day π
U.S. Government Transfers Seized 3,940 BTC Worth $240M to Coinbase: The United States government transferred 3,940 Bitcoin, worth approximately $240 million at current prices, to a Coinbase Prime wallet on June 26, 2024, as revealed by Arkham Intelligence.
πDetails: https://coinmarketcap.com/academy/article/us-government-transfers-seized-3940-btc-worth-dollar240m-to-coinbase
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π CryptoNews of the Day π
Crypto Market Braces for Volatility as $10B in Bitcoin and Ether Options Set to Expire: Bitcoin (BTC) options worth $6.68 billion and Ethereum (ETH) options worth $3.5 billion are slated to expire on Deribit, the leading crypto derivatives exchange, this Friday at 8AM UTC.
πDetails: https://coinmarketcap.com/academy/article/crypto-market-braces-for-volatility-as-dollar10b-in-bitcoin-and-ether-options-set-to-expire
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π CryptoNews of the Day π
Bitwise: U.S. Spot Ethereum ETFs Could See $15B in Net Flows: As the launch of spot Ethereum exchange-traded funds (ETFs) draws near, Bitwise's chief investment officer Matt Hougan predicts these ETFs could attract significant capital into the market.
πDetails: https://coinmarketcap.com/academy/article/bitwise-us-spot-ethereum-etfs-could-see-dollar15b-in-net-flows
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π CryptoNews of the Day π
Ethereum L2 Blast Airdrops $430M Worth of BLAST, Token Immediately Selloffs: Ethereum layer-2 network Blast finally launched its eagerly awaited airdrop.
πDetails: https://coinmarketcap.com/academy/article/ethereum-l2-blast-airdrops-dollar430m-worth-of-blast-token-immediately-selloffs
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π CryptoNews of the Day π
Solana Memecoin Dogwifhat (WIF) Drops Out of Top 50 Crypto Momentarily: Dogwifhat (WIF), a memecoin on the Solana blockchain, has fallen out of the top 50 cryptocurrencies by market capitalization after suffering a significant 38% price drop over the past week.
πDetails: https://coinmarketcap.com/academy/article/solana-memecoin-dogwifhat-wif-drops-out-of-top-50-crypto-momentarily
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π CryptoNews of the Day π
TON Blockchain Faces Surge in Phishing Attacks Amid Rapid Growth: SlowMist: The Open Network (TON) is grappling with an increase in phishing attacks amid its explosive growth in 2024, according to Yu Xian, founder of the blockchain security firm SlowMist.
πDetails: https://coinmarketcap.com/academy/article/ton-blockchain-faces-surge-in-phishing-attacks-amid-rapid-growth-slowmist
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π CryptoNews of the Day π
Mt. Gox to Begin Repaying Defunct Exchange Users in July 2024: The long-awaited repayments to former users of Mt. Gox, the notorious cryptocurrency exchange that lost 850,000 Bitcoins in 2014, is set to begin in July 2024.
πDetails: https://coinmarketcap.com/academy/article/mt-gox-to-begin-repaying-defunct-exchange-users-in-july-2024
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π CryptoNews of the Day π
Trump Could Speak at Bitcoin 2024 Conference in Nashville: According to a report from Axios, Republican candidate and former President Donald Trump might be making an appearance at Bitcoin 2024 in Nashville this July.
πDetails: https://coinmarketcap.com/academy/article/trump-could-speak-at-bitcoin-2024-conference-in-nashville
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π CryptoNews of the Day π
AI Crypto Tokens Surge Despite Nvidia's Market Cap Plunge: Artificial intelligence-related crypto tokens have soared over the past week, even as Nvidia, a key player in the AI space, experienced a significant drop in its market capitalization.
πDetails: https://coinmarketcap.com/academy/article/ai-crypto-tokens-surge-despite-nvidias-market-cap-plunge
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π CryptoNews of the Day π
Pantera Capital Launches New Fund for Toncoin Investment: Crypto venture capital firm Pantera Capital is raising funds for a new investment vehicle named the "Pantera TON Investment Opportunity."
πDetails: https://coinmarketcap.com/academy/article/pantera-capital-launches-new-fund-for-toncoin-investment
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Exciting News π’
CoinMarketCap's data becomes more accurate
With our new βRehypothecated Ranking Pageβ π
A dedicated ranking page to track (wrapped, staked, & restaked) coins/tokens π₯
The new βRehypothecated Ranking Pageβ solves two major problems:
πΉ Repetition: Multiple versions of the same asset (ie. stETH, rsETH, and rETH) clutters rankings and makes browsing difficult.
πΉ Double-Counting: Without proper management of wrapped/restaked assets, market cap figures risk inflation, leading to inaccurate market assessments.
π Details: https://coinmarketcap.com/academy/article/cmc-data-becomes-more-accurate
π CryptoNews of the Day π
MakerDAO Governance Delegate Loses $11 Million in Phishing Scam: A MakerDAO governance delegate has lost $11 million worth of Aave Ethereum Maker (aEthMKR) and Pendle USDe tokens due to a phishing scam.
πDetails: https://coinmarketcap.com/academy/article/makerdao-governance-delegate-loses-dollar11-million-in-phishing-scam
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π CryptoNews of the Day π
X's Payments Platform to Launch Without Dogecoin or Crypto Integration: Despite speculation fueled by Elon Musk's vocal support for Dogecoin (DOGE), regulatory documents indicate that Musk's plans for a payments service do not currently include digital tokens.
πDetails: https://coinmarketcap.com/academy/article/xs-payments-platform-to-launch-without-dogecoin-or-crypto-integration
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π CryptoNews of the Day π
CoinStats Suspends User Activity Following Security Breach Affecting 1,590 Wallets: Cryptocurrency portfolio manager CoinStats announced a security breach that impacted 1,590 crypto wallets.
πDetails: https://coinmarketcap.com/academy/article/coinstats-suspends-user-activity-following-security-breach-affecting-1590-wallets
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π CryptoNews of the Day π
Bitcoinβs Key Indicators Flash Bullish Signals, According to Trader: Popular trader Roman recently highlighted two classic technical indicators for BTC/USD, suggesting that Bitcoin (BTC) could be setting the stage for a significant price breakout.
πDetails: https://coinmarketcap.com/academy/article/bitcoins-key-indicators-flash-bullish-signals-according-to-trader
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Aptos Labs Partners with NBCUniversal for Web3 Fan Experiences: Aptos Labs and NBCUniversal have inked a long-term development agreement to bring innovative Web3 fan experiences, customer loyalty programs, and gaming to the entertainment giant.
πDetails: https://coinmarketcap.com/academy/article/aptos-labs-partners-with-nbcuniversal-for-web3-fan-experiences
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Kraken Recovers $3 Million in Missing Funds After Bug Bounty Exploit: Cryptocurrency exchange Kraken has successfully recovered nearly $3 million in digital assets following a high-profile bug bounty exploit by CertiK.
πDetails: https://coinmarketcap.com/academy/article/kraken-recovers-dollar3-million-in-missing-funds-after-bug-bounty-exploit
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π CryptoNews of the Day π
Jupiter Co-Founder Proposes Major Tokenomics Overhaul, 30% Cut to Supply: Pseudonymous co-founder of Jupiter, known as Meow, published a draft proposal to alter the tokenomics of JUP, the native token of the Solana-based decentralized exchange aggregator.
πDetails: https://coinmarketcap.com/academy/article/jupiter-co-founder-proposes-major-tokenomics-overhaul-30percent-cut-to-supply
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π CryptoNews of the Day π
Bernstein Analysts Predict Bitcoin Could Reach $200,000 by Next Year Due to ETF Inflows: Analysts at research and brokerage firm Bernstein have revised their Bitcoin price target upwards, forecasting that the cryptocurrency could reach nearly $200,000 by the end of next year.
πDetails: https://coinmarketcap.com/academy/article/bernstein-analysts-predict-bitcoin-could-reach-dollar200000-by-next-year-due-to-etf-inflows
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German Government Begins Massive Bitcoin Sell-Off, Sparking Market Jitters: The German government has commenced the sale of a significant Bitcoin stash seized from the operators of a movie piracy website.
πDetails: https://coinmarketcap.com/academy/article/german-government-begins-massive-bitcoin-sell-off-sparking-market-jitters
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βPharma Broβ Martin Shkreli Claims Involvement in Trump DJT Memecoin Amid Controversy: Martin Shkreli, infamously known as "Pharma Bro," has claimed involvement in the creation of the DJT token, a Solana-based meme coin that purports ties to the Trump family.
πDetails: https://coinmarketcap.com/academy/article/pharma-bro-martin-shkreli-claims-involvement-in-trump-djt-memecoin-amid-controversy
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π CryptoNews of the Day π
AI-Related Tokens Surge Following Nvidia's To Be the Worldβs Most Valuable Company: Fetch.ai (FET) has led a notable surge in major AI-related cryptocurrency tokens over the past 24 hours, spurred by Nvidia's recent achievement of becoming the world's most valuable company.
πDetails: https://coinmarketcap.com/academy/article/ai-related-tokens-surge-following-nvidias-to-be-the-worlds-most-valuable-company
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π CryptoNews of the Day π
Bitcoin Whales Realize Unprecedented $1.2B in Profits Amid Market Turmoil: Over the past two weeks, long-term Bitcoin (BTC) whales have cashed out $1.2 billion in profits.
πDetails: https://coinmarketcap.com/academy/article/bitcoin-whales-realize-unprecedented-dollar12b-in-profits-amid-market-turmoil
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CertiK Reveals Itself as Kraken's $3 Million Exploiter Amid Controversy: Blockchain security firm CertiK has publicly identified itself as the "security researcher" involved in a contentious incident with cryptocurrency exchange Kraken.
πDetails: https://coinmarketcap.com/academy/article/certik-reveals-itself-as-krakens-dollar3-million-exploiter-amid-controversy
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