August 2024 – Page 4

Here’s How Much El Salvador’s Cold Wallet Amassed Since Mid-March by Bitcoin Daily

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Since March 16, the Salvadoran government’s cold wallet address has consistently purchased 1 BTC daily. In the process, it has accumulated 160 BTC over more than five months. El Salvador’s Government Buys 1 BTC Daily According to the latest data shared by Chinese crypto data account EmberCN, this strategic accumulation has brought the nation’s total […]

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Bitget to Recruit 3000 Builders by 2025 Encouraging Next-Gen Crypto Influencers

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[PRESS RELEASE – Victoria, Seychelles, August 23rd, 2024] Bitget, the leading cryptocurrency exchange and Web3 company announced expanding its global recruitment initiative called Bitget Builders Program aimed at creating a network of global opinion leaders in the field of crypto. The program is aimed at accelerating Bitget’s growth momentum through responsible influencers and key opinion

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Fundamental Ripple (XRP) Update: Native Stablecoin Development Progress

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TL;DR Ripple plans to launch a stablecoin called Ripple USD (RLUSD) on the XRP Ledger and Ethereum, aiming to bridge crypto with traditional finance. A few days ago, Ripple minted the first portion of RLUSD tokens as part of private beta testing. The Latest Development Ripple became the talk of the town earlier this year

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Crypto Price Analysis August-23: ETH, XRP, ADA, BNB, and SOL

Time to Sell Bitcoin (BTC)? Not According to This Analyst

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Bitcoin’s price has been on a wild ride for the past seven days. At the current level of around $60K, buyers and sellers are fighting an obvious battle, and it’s unclear who will emerge victorious. A popular cryptocurrency analyst chimed in on the uncertainty, believing that Bitcoin is on the verge of a massive cycle.

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Major Cardano (ADA) Development, Shiba Inu (SHIB) Improvements, and More: Bits Recap August 22

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TL;DR ADA’s price has increased by 9% ahead of the upcoming Chang Hard Fork upgrade set for August 27. Shiba Inu has gained additional support from Kraken, which added SHIB/EUR to its margin trading program. Bitcoin’s price has been volatile, hovering between $57,000 and $61,500, currently trading at approximately $60,800. Cardano’s Upcoming Update Cardano’s ADA

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Analysts Point to Market Reset as Potential Catalyst for Bitcoin’s Next Rally

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On Aug. 22, technical analyst and creator of the stock-to-flow model Willy Woo posted a chart of Bitcoin inventory on exchanges. He noted that things have been bearish until the start of August due to an influx of around 100,000 BTC from the German and US governments selling and Mt. Gox distributions. He added that

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Aave Launches on Era Mainnet Powered by ZKsync

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[PRESS RELEASE – London, United Kingdom, August 21st, 2024] Expansion Enables Greater Access to Liquidity and New Institutional Use Cases Aave, the leading DeFi protocol governed by the Aave DAO, today announced the launch of Aave V3 on Era Mainnet powered by ZKsync. With efficient and secure transactions provided by ZKsync technology, the launch of

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$55 Million in DAI Stolen From This Crypto Whale via Phishing Attack

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On Tuesday, a cryptocurrency whale suffered a loss, with approximately $55.4 million worth of Dai stablecoin stolen in a phishing attack. According to the blockchain security firm CertiK, the attacker likely used a phishing tool known as Inferno Drainer to gain access to the whale’s externally owned account (EOA). Inferno Drainer Phishing Attack The incident

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