Messari report: VC crypto investments down 35% in August

    The new report from Messari revealed that venture investments in the crypto sector were down 35% over last month and up 22% since August 2021, with leading The Infrastructure track, accounting for 24%. Total funding for this August was $1.37 billion — down 29% since July and down 32% year-over-year. In August, there were 104…

    Forbes: Over 51% of all Bitcoin’s daily trading volume is bogus

    Forbes’s new analysis of 157 crypto exchanges reveals that 51% of the daily Bitcoin trading volume is likely fake. “Wash trading” also benefits exchanges, allowing them to appear to have more volume than they actually do and encouraging more legitimate trading. The widespread practice of wash trading, which means phony or fake volume, and the…

    NFT marketplace volumes continue to fall in August

    The latest data for August indicate that the summer downturn in NFT marketplaces has continued – down 45% for a month. According to The Block’s Data Dashboard, the NFT marketplace volume for August was $369.53 million, compared with $675.43 million in July. OpenSea continues to hold its place as the dominant market leader, with $303.47…

    Uniswap is blocking crypto addresses related to crypto heists or sanctions

    Decentralized exchange Uniswap has blocked 253 crypto addresses, data leaked on GitHub revealed. It was the first time Uniswap has shared details on this matter, adding further information on its methodology. Over the four months of working with blockchain analytics firm TRM Labs, Uniswap has blocked 253 crypto addresses. It was the first time Uniswap…

    Bitcoin’s transaction fees dropped under $1 first since 2020

    Bitcoin transaction fees dropped below $1 for the first time since 2020. In addition to the `latest Bitcoin upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty. Average transaction fees on the Bitcoin blockchain network dropped below $1 for the first time in two…

    How crypto developers faked Solana’s DeFi ecosystem
    17 Aug 2022
    131 Views

    The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they’re moving to Aptos. An investigation by Danny Nelson and Tracy Wang published on CoinDesk. Something about Sunny Aggregator felt off-kilter to the cryptocurrency user known as Saint…