Mantle staged a strong rally on Aug. 6, driven by surging network activity and large ETH reserve backing, while the broader crypto market remained under pressure from macroeconomic headwinds. Summary Mantle rose 20% on Aug. 6 to $0.934, bucking a broader market downturn. MNT has confirmed a breakout from an inverse head and shoulders, a…
The United States Securities and Exchange Commission has finalized a settlement with the founder of MyConstant, ordering him to pay over $10 million in penalties and restitution for misusing investor funds and making false claims about his platform’s crypto lending services. Summary MyConstant founder Huynh Tran Quang Duy will pay over $10 million for misusing…
Jupiter has launched the private beta of Jupiter Lend, its long-awaited decentralized lending platform built on Solana. Summary Jupiter Lend private beta went live Aug. 6 with caps, limited assets, and safety-first rollout. Offers 95% LTV, near-zero liquidation penalties, and simple yield vaults. Public launch later in August with more features, vaults, and incentives. The…
SharpLink Gaming, once known as a sports betting affiliate technology provider, has rebranded itself to become the world’s largest corporate holder of Ether. SharpLink today is perhaps the most recognizable publicly traded Ethereum (ETH) treasury vehicle. In one of his first ever interviews since becoming Sharplink’s co-CEO, Joseph Chalom discusses the rationale behind this strategic…
While the crypto market remains under pressure this week, some potential bullish catalysts may trigger a bull run in the coming months. Potential catalysts include the ongoing Bitcoin (BTC) and Ethereum (ETH) ETF inflows, altcoin ETF approval by the Securities and Exchange Commission, friendly regulations, and potential Federal Reserve interest rate cuts. This article explores…
U.S Securities and Exchange Commission does not view certain liquid staking activities as the offer and sale of securities. Summary SEC’s Division of Corporation Finance has provided guidance regarding certain liquid staking activities. The regulator says crypto liquid staking is not an offer or sale of securities under federal securities laws. In a press release,…
Cronos price moved sideways on August 5, mirroring the performance of Bitcoin and most altcoins. Summary Cronos price has formed a bullish pennant and a golden cross pattern. The total value locked of the decentralized finance ecosystem is soaring. The stablecoin supply on Cronos has jumped to a record high. Cronos (CRO) token was trading…
The Succinct Prover Network is entering the market at full speed with an active ecosystem already securing billions across Ethereum, Solana, and Bitcoin, suggesting that the demand for ZK infrastructure isn’t just real; it’s accelerating. Summary Succinct has launched what it claims is the first decentralized proving layer for zero-knowledge computation, debuting with 1,700 programs…
XLM plunges 23% from yearly high despite network growth and September upgrade Summary Stellar Lumens price has formed a falling wedge chart pattern. Its transactions jumped by 14% in the last 30 days. Stellar Protocol will implement a key upgrade in September. Stellar Lumens (XLM) was trading at $0.3972 today, August 5, which was about…
MYX crypto rally is not stopping, registering a 1,500% gain in just two days. But can the rally continue? Summary MYX Finance rose 1500% percent in just a few days The project reached a market cap of $220M, joining the top 250 tokens Still, there are signals that a crash may come soon The MYX…
