The average transaction fee for Bitcoin skyrocketed by 937.7% on August 22, jumping from $0.74 to $7.679 per transaction.
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.
Sony will launch an Ethereum Layer-2 network
Sony Group announced the upcoming launch of its own Ethereum Layer-2 blockchain, ‘Soneium.’
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?
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 company’s well-known mascot, Grimace. The scammers managed to steal over $700,000 in Solana.
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, with a promise of full repayment plus interest for non-governmental 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 total of €250,000, we got another proof for this.
Casio + STEPN GO = 800 NFT sneakers
The leading Japanese electronics manufacturer announced a new collaboration with STEPN GO, a Web3 lifestyle app that combines fitness with earning potential.
