Over the past week, the cryptocurrency market has seen many notable events. Let's take a look back at the hottest Crypto news of the past week with the Allinstation team!
Hottest Crypto News
Next 3 Projects Likely to Be Delisted from Binance
On August 12, Binance officially delisted 6 projects including PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (Reef) and VGX Token (VGX) from the exchange. These are all names under “Monitoring Tags” on Binance and have many things in common. Some of these names were also predicted by Allinstation to be delisted in advance.
Which coins are at high risk of being delisted by Binance in the near future? Let's find out more with Allinstation!
Details: Next 3 Projects Likely to Be Delisted from Binance (allinstation.com)
Binance will Delisting the following 6 coins
Binance has just announced that it will delist 6 coins: PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (Reef) and VGX Token (VGX) from the platform at 10:00 on August 26, 2024 (VN time), please pay attention.
Details: Binance will Delisting the following 6 coins (allinstation.com)
Someone Just Paid $89,000 in Gas Price to Transfer 0.87 Ethereum (ETH)
On August 12, according to data from Etherscan cited by anonymous user DeFiac on X yesterday, a user may have spent 34.26 ETH (worth $89,200 at current prices) to transfer 0.87 ETH (worth only $2,262) due to a wrong operation.
Details: Someone Just Paid $89,000 in Gas Price to Transfer 0.87 Ethereum (ETH) (allinstation.com)
Layer-1 Canto encountered a problem and had to stop working.
Canto, a Layer-1 blockchain based on Cosmos technology, has experienced an outage following the “Callisto” upgrade, causing the Primary Network to go offline.
Details: Layer-1 Canto crashes, shuts down (allinstation.com)
A project has just Capital 55 million USD from Wintermute, Spartan Capital, Haun Ventures, PayPal Ventures…
Chaos Labs, a crypto startup that develops on-chain risk management tools, has just successfully raised $55 million in a Series A Capital round led by Haun Ventures.
ETH Shark Wallet Awakens After 6 Years of Hibernation
An Ethereum wallet address that has been dormant for the past 6 years has just made a large transaction.
Specifically, according to on-chain data, this address recently transferred 1,039 ETH to the Binance exchange, with a total estimated value of about $2.7 million. This is the first time in a long time that this wallet has had any activity related to the amount of Ethereum it is holding.
Details: ETH Shark Wallet Awakens After 6 Years of Hibernation (allinstation.com)
Arthur Hayes Predicts When Altcoins Will Grow Strongly
In a recent blog post, Arthur Hayes said that the altcoin market can only grow strongly when Bitcoin (BTC) breaks above $70,000 and Ethereum (ETH) hits $4,000.
Details: Arthur Hayes predicts when altcoins will grow strongly (allinstation.com)
Arbitrum is about to approve the proposal to open ARB Staking
On August 16, on the Snapshot admin page, Arbitrum initiated a community proposal vote to “unlock Token utility through ARB Staking activation.”
Details: Arbitrum is about to approve the proposal to open ARB Staking (allinstation.com)
DOGS Announces Tokenomics and Airdrop Details
On August 15, DOGS officially announced details about DOGS tokenomics and Airdrop as follows:
Details: DOGS Announces Tokenomics and Airdrop Details (allinstation.com)
Binance US continues to face legal troubles in the US
The United States Court of Appeals recently decided to reinstate the lawsuit against Binance.US regarding the alleged manipulation of the HEX Token price.
Details:Binance US continues to face legal troubles in the US (allinstation.com)
US Government Continues to Transfer Bitcoin to Coinbase
According to on-chain data , the wallet bc1ql… suspected to be linked to the US government just transferred 10,000 BTC (worth $591 million) to Coinbase Prime 11 minutes ago.
Details: US Government Continues to Transfer Bitcoin to Coinbase (allinstation.com)
Starknet (STRK) is rumored to be launching a phone soon
In recent days, the community has been abuzz when an employee of StarkWare (the parent company of the Starknet project behind the STRK Token ) with the nickname @drspacemn posted data about a product called “StarknetPhone” on Github.
Details: Starknet (STRK) Rumored to Be Launching a Phone (allinstation.com)
Binance delists 3 Spot Trading pairs
Specifically, the delisted trading pairs include:
- 10:00 August 16, 2024 (VN time): BLZ/FDUSD, IMX/TRY, PORTO/ BTC
Details: Binance to delist 3 Spot Trading pairs (allinstation.com)
Venezuela blocks Binance and social network X
The Venezuelan government has recently blocked access to cryptocurrency exchange Binance, social network X and other online services as the country faces unrest following the results of a disputed presidential election.
Details: Venezuela blocks Binance and social network X (allinstation.com)
Sahara AI Capital $43 Million From Binance Labs, Polychain Capital, Pantera
Sahara AI, a blockchain and artificial intelligence startup, said it has raised $43 million in a Capital round led by Venture Capital Pantera Capital, Binance Labs , and Polychain Capital , Reuters reported.
Details: Sahara AI Capital $43 Million from Binance Labs, Polychain Capital, Pantera (allinstation.com)
Ethereum ICO Whale Suddenly Transfers Large Amount of ETH to OKX Exchange
A whale or large organization that participated in the Ethereum ICO in 2015 has made a notable move by transferring 48,500 ETH ($15.401 million) to the OKX exchange over the past month. The whale received 1 million ETH at the ICO price of $0.311, and the large transfer of assets is attracting attention from the community.
