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Thailand Threatens Facebook With Shutdown Over Crypto Scams


The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the number of complaints has been mounting. Meta...

Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence


After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....

Bitcoin’s Transaction Backlog Surges Past 400,000


A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from $0.77, peaking at $2.59 per transaction just two days later on August...

Xbox 360 Store Shutting Down For Good In 2024


Xbox 360 Marketplace, the console’s online store, will cease operations on July 29, 2024. After that day, 360 owners will no longer be able to purchase new games or entertainment content for their consoles, and the Microsoft Movies and TV app will stop working, too.Read more

Decoding Litecoin future: Halving impact and network metrics


Recently, Litecoin completed its third halving event on August 2, 2023. This halving is significant for miners, slashing their rewards in half. The initial buzz was there, and Litecoin’s mining sector seemed to be on the rise, with promising growth. However, as we look closer...

Best Crypto to Buy Now August 15 – THORChain, XinFin, Hedera


Blue chip cryptocurrency markets have seen limited to no reaction to the latest US Retail Sales figures for July, which should underpin optimism that the US economy remains far from recession. Bitcoin (BTC) was last trading in the $29,100s and Ether (ETH) in the $1,820s, with the latest data doing...

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