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CryptoSlam

This article was written by CryptoSlam staff with assistance from SlamAI.

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July 2024

Solana Monkey Business reclaims top spot with US$679K in sales

Solana Monkey Business tops daily sales for the second time this week.

LockDealNFT leads with US$617,880 in daily sales

LockDealNFT tops the NFT market with significant sales, outperforming other collections on July 24.

SND Genesis Battle Pass leads NFT market as VanEck uses Pudgy Penguins in ETF ad

SND edges Pudgy Penguins despite VanEck using the latter in its latest ETF ad.

Solana Monkey Business leads NFT sales with US$875.91K

SMB’s surge in sales marks a significant uptick in the NFT market.

Solana Monkey Business leads NFT sales with over US$971K

The Solana Monkey Business collection tops the NFT market in daily sales, ending a two-day reign of Gods Unchained.

Gods Unchained leads NFT sales with over US$612K in a day

The Gods Unchained collection tops daily NFT sales, while Ethereum blockchain sees a significant increase in transactions.

Gods Unchained leads NFT sales with over US$930K in a day

The digital collectible card game’s recent surge places it atop the daily NFT market, outperforming other collections with significant sales and buyer engagement.

Alien Cats lead NFT sales with US$1.32 million in a day

The new Alien Cats collection topped CryptoSlam’s NFT sales chart on Monday.

Mocaverse leads NFT sales as MOCA airdrop begins

Mocaverse tops daily NFT sales, followed by CryptoPunks and DMarket, with Ethereum blockchain seeing a significant daily increase.

Governments move over US$100 mln in crypto

German and US governments’ crypto transactions prompt discussions on potential market effects.

Philippines adopts USDT for social security payments

Filipinos now have the option to use cryptocurrency for SSS contributions.

Polymarket bets surge as US election heats up

Decentralized betting platform Polymarket sees over $200M in US election wagers, indicating a shift in political engagement and crypto use.

Trader Roaring Kitty sued over GameStop stock frenzy

Keith Gill, known as Roaring Kitty, faces a lawsuit alleging his social media activity fueled GameStop’s stock volatility.

June 2024

Kraken co-founder backs Trump with US$1 mln crypto donation

Jesse Powell donates US$1 million in crypto to Trump’s presidential campaign.

21Shares files for spot Solana ETF

21Shares files for a spot Solana ETF, a day after VanEck submitted its application for a similar product with the SEC.

Coinbase sues SEC and FDIC for clarity on crypto rules

Cryptocurrency exchange Coinbase takes legal action against U.S. regulators for transparency and fair regulation.

US offers US$5 mln for capture of “Cryptoqueen” Ruja Ignatova

The U.S. State Department increases the reward for information on the fugitive founder of OneCoin.

South Korean VC Hashed Ventures expands to Abu Dhabi

Hashed Ventures partners with Hub71 to explore MENA’s tech and crypto markets.

VanEck files for Solana ETF

Recent analysis points to a potential bottom in Bitcoin’s value, with key metrics signaling a turning point.

CryptoPunks leads daily NFT sales with over US$1.34 million

CryptoPunks tops daily NFT sales, outperforming other collections, with significant buyer engagement on June 25.

Bitcoin drops below US$60,000 as Mt. Gox repayment looms

Bitcoin’s plunge below $60,000 leads to more than US$300 million in market liquidations, with potential for further declines amid Mt. Gox repayments.

3iQ plans North America’s first Solana ETF

Canadian investment firm 3iQ is set to introduce the first Solana ETF in North America.

Fantom Foundation invests US$120 mln in Sonic blockchain

Fantom Foundation’s $120 million investment aims to expand the Sonic blockchain network, enhancing DeFi accessibility.

Standard Chartered enters crypto trading arena

British bank Standard Chartered launches a crypto trading desk for institutional clients, focusing on Bitcoin and Ethereum.

Consensys persists in SEC lawsuit for crypto clarity

Ethereum firm Consensys continues its legal battle with the SEC for clear crypto regulations, despite the regulator ending its Ethereum 2.0 probe.

Konami and Avalanche unveil Resella NFT platform.

Konami Digital Entertainment teams up with Avalanche to launch Resella, a platform enhancing NFT transactions and Web3 access.

Stablecoins poised to claim 10% of global economy by 2034, says Circle CEO

Circle CEO Jeremy Allaire predicts a surge in stablecoin adoption, potentially reshaping finance.

Crypto investigator exposes Shkreli as DJT token creator

Blockchain detective ZachXBT identifies Martin Shkreli as DJT token creator, earning a US$150,000 reward from Arkham Intelligence.

Binance fined US$2.25 mln by India for AML breaches

India’s FIU imposes a record fine on Binance for anti-money laundering regulation non-compliance.

Hashdex aims for first dual Bitcoin-Ethereum ETF in the U.S.

Crypto asset manager Hashdex files for a pioneering Bitcoin-Ethereum ETF, targeting SEC approval.

Ethereum’s price soars as SEC probe concludes

Ethereum’s market value rises following SEC’s decision to end its investigation, boosting investor confidence.

TON blockchain’s TVL soars past US$600 mln, signaling growth

The Open Network (TON) has achieved a record Total Value Locked (TVL) of $608 million, indicating a thriving ecosystem and increased investor trust.

Australia’s first Bitcoin ETF to debut on ASX

VanEck’s Bitcoin ETF, launching on ASX, marks a pivotal moment for Australian crypto investment.

SEC crypto enforcement chief resigns, shuts down Pump.Fun rumors

David Hirsch, the SEC’s crypto unit leader, steps down amid heightened scrutiny on cryptocurrency regulation.

Ripple challenges SEC’s US$2 bln fine, cites Terraform precedent

Ripple Labs Inc. seeks a reduced fine from the SEC, arguing for a penalty similar to Terraform Labs’ settlement.

Helio expands Shopify plugin with Solana Pay for diverse crypto transactions

Helio’s latest update to its Shopify plugin via Solana Pay introduces a broader cryptocurrency acceptance and innovative merchant tools.

MicroStrategy to boost Bitcoin holdings further with US$500 mln bond sale

MicroStrategy announces a half billion dollar bond sale to fund additional Bitcoin acquisitions.

Telegram’s TON blockchain eclipses Ethereum in daily users

TON blockchain surpasses Ethereum in user activity, leveraging Telegram’s extensive user base for growth.

Terraform Labs to dissolve following US$4.47 billion settlement

Terraform Labs and ex-CEO Do Kwon to pay billions in SEC fraud settlement, marking one of the largest penalties in U.S. history.

Bitcoin price dips ahead of US inflation report and Fed’s decision on interest rates

Strong U.S. economic data has led to a decrease in Bitcoin value as markets brace for Fed’s decision on lending rates.

Ethereum Name Service tops NFT charts sales with over US$4.27 million

Ethereum Name Service tops daily NFT sales, followed by significant activity on Ethereum and Bitcoin blockchains.

ZKsync to distribute billions of tokens airdrop

ZKsync airdrops 3.675 billion tokens to users, enhancing Ethereum’s Layer 2 governance.

South Korea classifies select NFTs as cryptocurrencies

New guidelines by South Korea’s FSC will regulate certain NFTs under cryptocurrency laws.

Friend.tech to leave Base for own blockchain

Friend.tech’s transition to a proprietary blockchain, Friendchain, prompts user concerns and market fluctuations.

The Sandbox raises US$20 mln, achieves unicorn status

The Sandbox secures funding to enhance its metaverse platform and support its creator economy.

Bitcoin falls below US$70,000 after US jobs data and ECB rate cut

Bitcoin falls as U.S. adds 272,000 jobs in May with unemployment rate rising to 4%.

Robinhood acquires Bitstamp in US$200 mln deal

Trading platform Robinhood Markets to expand its crypto services with Bitstamp acquisition.

Florida man admits to US$8.4 mln crypto fraud scheme

Florida resident Juan Tacuri pleads guilty to wire fraud, faces two decades behind bars.

SEC chair Gensler cautions crypto exchanges on enforcement

SEC Chairman Gary Gensler warns that crypto exchanges are still liable for enforcement actions despite making risk disclosures to investors.

Ethereum’s Buterin denounces celebrity memecoins, urges purposeful innovation

Ethereum’s Buterin criticizes superficial celebrity crypto trends, advocating for impactful, long-term projects.

Polygon’s Moon Girl NFTs top daily sales chart with over US$1.36 million

Moon Girl NFT collection tops daily sales to help Polygon beat Solana.

Historic Stradivarius violin backs US$9 mln NFT loan by Galaxy Digital

Galaxy Digital issues a multimillion-dollar loan with a tokenized 1708 Stradivarius as collateral.

Binance to limit certain stablecoins to comply with EU crypto rules

Binance to limit non-compliant stablecoins under EU’s MiCA regulation.

Dapper Labs settles NBA Top Shot NFT lawsuit for US$4 mln

Blockchain firm Dapper Labs resolves a legal dispute over NBA Top Shot NFTs with a $4 million settlement.

NodeMonkes leads NFT sales with over US$1 million in a day

NodeMonkes NFT collection tops daily sales, outperforming others on the market.

May NFT sales post worst performance since October

NFT sales slump in May as major blockchains have worst month of the year.

May 2024

Immutable’s Guild of Guardians knocks off NodeMonkes from top daily NFT sales spot

The NFT market sees a surge led by Guild of Guardians, with other collections showing significant daily changes.

NodeMonkes leads NFT sales for second time this week

NodeMonkes tops daily NFT market with almost US$1 million in sales.

SEC to reimburse US$1.8 mln after failed crypto lawsuit

Judge orders SEC to pay legal fees in dismissed DEBT Box case.

PayPal’s PYUSD stablecoin lands on Solana

PayPal’s PYUSD stablecoin is now available on Solana, promising faster and more cost-effective transactions.

Ripple adds US$25 mln for crypto-friendly PAC

Ripple’s $50 million contribution to Fairshake PAC aims to sway 2024 U.S. elections towards crypto-friendly candidates.

Game NFTs rank in the top 3 for daily sales; Fantasy Top leads with US$831K

The Fantasy Top collection outperformed others in daily NFT sales, signaling a robust market interest.

Bitcoin cracks US$70,000, Ethereum nears US$4,000; JENNER, PEPE and memecoins drive markets

Ethereum’s price surge signals market optimism and hints at growth potential.

JPMorgan questions SEC’s crypto ETF expansion plans: The Block

JPMorgan casts doubt on the likelihood of further SEC approvals for crypto ETFs after Ethereum ETF nod.

House passes bill to limit Fed’s CBDC authority

US House mandates congressional approval for Fed’s digital dollar issuance.

Game NFTs rise as Guild of Guardians Avatars, DMarket and Fantasy Top lead sales

Guild of Guardians avatars see a significant increase in daily sales, topping the NFT market.

Coinbase resumes XRP trading in New York

New York residents regain access to XRP on Coinbase

SEC approves Ether ETFs

SEC officially approves Spot Ethereum ETFs months after Bitcoin.

Fantasy Top rebounds above US$1 mln to lead daily NFT sales

NFT market sees Fantasy Top collection top daily sales, Ethereum blockchain dominates transactions.

Crypto engagement dropped to 7% among US adults in 2023, Fed finds

Fed survey shows a decline in US adult crypto usage to 7% in 2023, with only 1% using it for transactions.

House members urge SEC to approve Ethereum ETFs

Bipartisan lawmakers call on SEC for consistent crypto ETF standards as decision looms.

House passes crypto regulation bill, eyes Senate approval

US House greenlights major crypto bill, setting stage for Senate debate.