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NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week


Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This...

Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024


Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across...

Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says


Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than...

Olympic Athlete Keeps Bringing Yu-Gi-Oh Cards To His Races—And Winning


When the hell did you get into Yu-Gi-Oh? Where were you all when I was the last holdout of my middle school lunch period trying to do synchro-summons because I thought they were the coolest thing in the world? I ask this because there has not only been a discernable uptick in the trading card game...

State Street Partners With Galaxy Asset Management to Create New Crypto ETFs


State Street Global Advisors has partnered with Galaxy Asset Management to provide advanced digital asset-based strategies, expanding investor access to the digital asset ecosystem beyond cryptocurrencies and bitcoin. “We believe we are in a strong position to make digital assets more...

Marathon Digital Expands Mining Operations to Include Kaspa


Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company mining 93 million KAS, valued at approximately $15 million as of June 25, 2024....

Solana Climbs 8.1% Following Vaneck’s SEC Filing for SOL-Based ETF


Following Vaneck’s application with the U.S. Securities and Exchange Commission (SEC) to launch a solana-based exchange-traded fund (ETF), solana has appreciated 8.1% against the U.S. dollar. Apart from bitcoin, ethereum, and stablecoins, solana now boasts the highest daily trade volume among...

Kaspa soars 13% after Marathon Digital announces mining support


KAS, the native cryptocurrency of the Kaspa blockchain that operates on a proof-of-work model, has experienced an extraordinary 13% increase in the past 24 hours since Marathon Digital, a major Bitcoin mining company, announced that it has begun mining this altcoin.  KAS recently traded at $0.1792...

Vaneck Seeks SEC Approval for Solana-Based ETF


In a significant expansion of its cryptocurrency offerings, Vaneck has announced the filing of the first U.S. exchange-traded fund (ETF) focused on Solana. This move marks a strategic enhancement of Vaneck’s digital asset products, according to Matthew Sigel, head of digital asset research....

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