A Shocking Number of Meme Coins Have Failed in 2024: Study
New research by Chainplay highlights a staggering 97% failure rate for meme coin projects since 2024. The data shows that meme coins have an average lifespan of just one year,…
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Experts Refute Damning IMF ‘Attack Piece’ on Crypto Mining
In a post on X on Aug. 16, crypto ESG advocate and researcher Daniel Batten posted a rebuttal to an Aug. 15 IMF report on Bitcoin mining emissions. He argued…
TeraWulf Reports 21% Drop in Bitcoin Mining but Revenue Surpasses Estimates in Q2
TeraWulf’s second-quarter earnings report, released earlier in August, demonstrated mixed performance. While the company produced less BTC than in the same period in 2023, its revenue increased modestly compared to…
Masked Intruders Escape with $2M in Crypto: Thai Police Launched Investigation
Police are actively searching for four Chinese nationals believed to have broken into a luxury home in Pathum Thani, one of the central provinces of Thailand, and forced the resident…
Big News for Bitcoin Adoption? Norwegian Government Increases Sovereign Fund’s BTC Exposure
The northern European country of Norway has a population of nearly 5.5 million. Moreover, the government’s investments for its citizens total some $1.7 trillion. A chunk of that is in…
Meme Coin Market Looking Grim: 4 of Top 6 Losers For the Week Are Memes
While they are issued by smart contract blockchains with base layer currencies like Ethereum (ETH) and Solana (SOL), meme coins have fetched far greater gains in a shorter period of…
TRON Meme Coin Mania Accelerates: Over 1,000 Memecoins Launched Daily on SunPump
Meme coins have always been a particularly polarizing topic within the cryptocurrency community, especially throughout the last cycle. Projects such as dogwifhat (WIF), political meme coins, and a bunch of…
These Big U.S. Banks Bought Spot Bitcoin ETFs in Q2 2024
The second quarter of 2024 ended with major United States banks offering institutional exposure to spot Bitcoin exchange-traded funds (ETFs). Numerous second-quarter 13F filings with the U.S. Securities and Exchange…
Overall Illicit Activity in Crypto Falls 20% Year-to-date: Chainalysis
On Aug. 15, crypto compliance and research firm Chainalysis released the first part of its 2024 crypto crime report. The firm revealed that aggregate illicit activity on-chain has dropped by…
Bitcoin Hashrate Surges to New High as Miners Realize Losses: CryptoQuant
The Bitcoin network hashrate hit a new all-time high earlier this week following increased selling from smaller mining entities. At the same time, the miner hash price has plunged to…
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