cryptonews

Bitcoin fees skyrocket by 900%, what happened?

The average transaction fee for Bitcoin skyrocketed by 937.7% on August 22, jumping from $0.74 to $7.679 per transaction. This jump was primarily due...

Grayscale introduces Avalanche Trust

The world’s largest crypto fund manager has taken another step in the digital asset space by launching the Grayscale Avalanche Trust. This new investment...

Sony will launch an Ethereum Layer-2 network

Sony Group announced the upcoming launch of its own Ethereum Layer-2 blockchain, 'Soneium.' It will be build in collaboration with Startale Labs, a Web3...

Sotheby’s CryptoPunk NFT sale, the sign of the capitulation?

A CryptoPunk NFT was sold at Sotheby’s Digital Art Day Sale for only $66,000. The question now is the NFT trend is over? It’s so...

Kamala Harris considering a tax on unrealized Bitcoin gains?

Rumors are circulating that Kamala Harris may support a tax on unrealized capital gains if she becomes President, and this move could potentially impact...

McDonald’s Instagram hacked, pushing fake memecoin

In a breach, hackers took control of McDonald’s official Instagram account on August 21, using it to promote a fraudulent memecoin based on the...

FTX creditors agreed reorganization plan with 95% of votes

FTX’s chief restructuring officer and CEO, John Ray III announced that the bankrupt crypto exchange’s amended reorganization plan received overwhelming support from its creditors,...

German authorities seize Bitcoin ATMs

There is an ongoing friction between cryptocurrency and traditional banking systems, and some thinks when German authorities have confiscated 13 Bitcoin ATMs, seizing a...

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