David Swain has joined cryptocurrency venture capital giant Paradigm as Chief Marketing Officer.Swain, who previously served as global communications director at Instagram and senior director of technical communications at Facebook, joined Paradigm last month, according to her LinkedIn profile. Most recently, Swain served as vice president of global partnerships at Strava, a social fitness app and community with more than 120 million members.Swain’s appointment comes shortly after Paradigm raised $850 million for its third fund in June, which aims to invest in early-stage cryptocurrency projects. It follows Paradigm’s $2.5 billion fund raised in 2021, which was the largest cryptocurrency investment…
Author: Crypto Flexs
Read More
Chain link (LINK) is one of the major players in decentralized finance and is currently experiencing increasing bearish pressure in the market. LINK’s bearish momentum It continues to build, and key technical indicators are signaling further losses towards the critical $12 support level for the cryptocurrency. With this current price action, Chainlink could continue to decline, testing lower support levels in the near future, unless there is a significant reversal in market sentiment. In this article, we provide an in-depth analysis by assessing the current market sentiment for Chainlink, examining key technical indicators, identifying important support levels, and determining their…
Dogecoin (DOGE), Shiba Inu (SHIB), and Dogewifat (WIF) plunged on August 2 as the entire cryptocurrency market sold off. According to data from CoinMarketCap, the total market cap of Memecoin has decreased over the past 10 days, falling 21.5% from $54.7 billion on July 22 to $42.91 billion on August 2.Memecoin Market Cap and Daily Trading Volume. Source: CoinMarketCapDuring the same period, the total daily trading volume across the Mimecoin sector decreased by 21%.Mog Coin (MOG) was the biggest loser, losing 12% of its market cap over the past 24 hours. Book of Meme (BOME) followed with a 9% drop,…
Company • August 2, 2024 2:03 PM EDT Posted 1 minute earlier In ~ It’s Friday! In today’s Daily, we look at Morgan Stanley’s plans to allow asset management advisors to pitch Bitcoin ETFs soon, Bybit says goodbye to France, Q2 results from three crypto companies, and more. Meanwhile, Genesis has completed its bankruptcy restructuring process and has begun distributing $4 billion in cryptocurrency and cash. Let’s begin.Morgan Stanley’s Wealth Advisor Proposes Bitcoin ETFMorgan Stanley will allow its asset managers to sell spot Bitcoin ETFs to some of its clients starting August 7, becoming the first major Wall Street bank…
Felix Pinkston 2 Aug 2024 13:28 Bitcoin Nashville 2024 brought together industry leaders, politicians, and enthusiasts to discuss the future of Bitcoin and its implications for society, politics, and technology. Bitcoin Nashville 2024, held from July 25-27, 2024, brought together influential figures from various fields including politics, technology, and finance to discuss the future of Bitcoin and its impact on society. Hosted by BTC Inc., the event was one of the largest Bitcoin conferences to date, drawing significant attention to the growing influence of cryptocurrencies. Bitcoin as a Movement The conference highlighted Bitcoin’s role…
Convergence of decentralized governance hedge fund platforms has been leveraged. 58 million CVG tokens were issued and exchanged. After the hack, the value of the CVG token plummeted 99% from $0.12 to $0.0004. On Thursday, a major breach occurred on decentralized finance (DeFi) protocol Convergence, causing the CVG token to crash dramatically. The attack resulted in the creation of 58 million CVG tokens, which were exchanged for approximately $200,000 worth of wrapped ether (wETH) and the crvFRAX stablecoin. Hackers exploited a vulnerability in Convergence’s codebase. According to QuillAudits, a web3 security company, the malicious activity was carried out by exploiting…
Scottie Pippen’s ETH game 5 BALL has launched with several issues. A renowned on-chain detective reveals his connection to a controversial NFT project. The X community asked Pippen questions about illegal token economics. NBA legend Scottie Pippen is under significant scrutiny after launching his own cryptocurrency on Ethereum (ETH): BALL, a token inspired by the Chicago Bulls’ iconic NBA Finals series and the Los Angeles Lakers’ Game 5 ball. The Backstory of Scottie Pippen’s Tokenized Ball Scottie Pippen’s perfect performance in Game 5, which earned him his first championship ring, was 32 points, outsourcing Michael Jordan’s 30-point contribution in the…
Bitcoin (BTC) fell $2,300 in the first hour of trading on Wall Street on August 2, reaching $62,368 on Coinbase. The Bitcoin price was virtually flat, up 1% over the past 24 hours, trading at $63,252.BTC/USD hourly chart. Source: TradingViewThe sell-off caused the price to lose key support levels, the 50-day exponential moving average (EMA) at $64,300 and the 100-day EMA at $63,670. “I just experienced the #Bitcoin sweep I’ve been waiting for and the range has recovered nicely,” Bitcoin analyst AlphaBTC declared in an August 2 post to X. The analyst noted Bitcoin’s price action since July 30, when…
The CFTC is investigating fraudulent cryptocurrency activity by unknown individuals, which may have involved 15 tokens, including the Mimecoin BEN.The agency issued a subpoena on July 16 to Hit Network, a cryptocurrency-focused media company that is the public face of Ben Armstrong, formerly known as “BitBoy.” The subpoena, seen by The Block, requests information on trading activity and digital wallets related to 15 tokens. The subpoena states that this is part of an investigation into individuals who have engaged in fraudulent and illegal activities related to digital currencies.Armstrong introduced all the tokens mentioned in various videos, for example: According to…
index Cryptocurrency markets continued their downtrend on Friday, with Bitcoin price dropping to $62,300. According to CoinGecko data, the meme coin market cap is down 4% today. Despite this, Popcat has shown impressive resilience, rising almost 5% today to trade at $0.63. Experts believe the popular Solana meme coin is on the verge of a major breakthrough that could send it soaring to new highs. Popcat’s mid-cap status means it has little correlation with the overall market outlook. Likewise, new low-cost meme coins like Pepe Unchained are seeing impressive growth in their pre-sales, with experts calling it one of the…