NFTs Sales Volume Decreases by 45% in Q2 2024
CryptoSlam data shows the sales volume of non-fungible tokens (NFTs) decreased by 45% in the second quarter of 2024 due to the downward movement of the Bitcoin market. In the first quarter of 2024, NFTs maintained the upward momentum they had acquired from the fourth quarter of 2023, with a total sales volume of $4.1 […]
Jury Convicts Remy St. Felix for Crypto Home Invasions Theft
A federal jury in Florida has found Remy St. Felix guilty of conducting numerous violent home invasions to steal crypto of his victims, targeting multiple states over several months. St. Felix faces nine offenses, including conspiracy, kidnapping, Hobbs Act theft, wire fraud, and brandishing a firearm to facilitate the commission of his crypto-targeted crimes. St. […]
Ether ETF Process is ‘Going Smoothly’ – Gary Gensler
US SEC Chairman Gary Gensler has stated that the launching process of the first spot Ether exchange-traded funds (ETFs) in the United States is “going smoothly.” During a Bloomberg conference on June 25, Gensler declined to provide an answer regarding the ETFs’ launch date and refused to confirm whether they would be operational before the […]
Ethereum’s Supply Increases Continuously for 73 Days
The supply of Ethereum (ETH) has continuously increased since mid-April, and it appears the Dencun upgrade in March may have been the cause. Ethereum data dashboard ultrasound.money indicates that the supply of Ether has progressively increased, with an increase of over 112,000 ETH to the overall supply since April 14. Implementing the Dencun enhancement on […]
‘User Deposits Were not Principal Protected’ – Delio CEO
The CEO of South Korean crypto yield platform Delio, Jung Sang-ho, has publicly stated that user deposits were not “principal protected” when they transferred their assets to the platform. Jung informed the audience during the second hearing of the first criminal trial, which took place on June 25 at the Seoul Southern District Court, as […]