OLYCoin Reaches 500,000 Telegram Subscribers Amid Olympic Hype
In a week, Foresight Ventures’ new meme coin OLYCoin amassed over 500,000 Telegram followers. OLYCoin, a meme coin that was recently introduced, has garnered the attention of the cryptocurrency community by rapidly establishing a substantial following on Telegram during the Olympic frenzy. In a mere week since its inception, the cryptocurrency Foresight Ventures-backed has amassed […]
Bullish Pattern Hints Bitcoin Nearing ATH Surge
Bluntz suggests Bitcoin is in the final phase of a five-wave rally per Elliott Wave theory, with a strong weekly close signaling a potential surge to new highs. According to the Elliott Wave theory, Bluntz recently proposed that Bitcoin is currently in the final phase of a five-wave rally. This theory posits that a bullish […]
New Bitcoin Mining Fact Sparks Backlash
Bitcoin mining faces renewed criticism after a report revealed ERCOT pays miners to reduce activity during high electricity demand. The perceived wastefulness of bitcoin mining has long been the focus of environmental activists. The Economist’s most recent article has sparked a new wave of criticism toward the contentious industry. According to a well-known media outlet, […]
TON Blockchain Restores After 8-Hour Outage
A surge in transactions following the launch of a new memecoin, DOGS, likely contributed to an 8-hour outage on the TON blockchain. On Wednesday morning (SGT), the TON blockchain network was significantly disrupted, presumably as a result of an excessive volume of transactions associated with the recent launch of a new memecoin, DOGS. Tonscan data […]
Binance Criticized for Seizing Palestinian Crypto Funds
According to sources from a prominent industry executive, the major global cryptocurrency exchange Binance confiscated cryptocurrency from Palestinians in response to a request from Israel. On August 26, Ray Youssef, the CEO of Noones P2P platform and co-founder of the peer-to-peer (P2P) crypto platform Paxful, reported to X that Binance confiscated funds from Palestinians in […]