MultiversX (EGLD), NEAR Protocol (NEAR) and Nexo (NEXO) are among altcoins that have slipped into red as the global crypto market declines 2.4% in the past 24 hours. Meanwhile, the crypto market is eyeing broader investor reaction to upcoming US inflation data and other potential catalysts.

The cryptocurrency market seems ready to start the second phase of the 2024 crypto bull run, according to analysts. Thus, Finbold selected two cryptocurrencies with the potential to turn a $100 investment into $1,000, with a 900% return.

A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday.

The cryptocurrency market continues to crash as traders and investors wonder when the digital assets will reach the bottom. In such an unpredictable market, players can look for technical indicators that assist in spotting potentially oversold cryptocurrencies to buy.

Story Highlights The live price of the Flow token is . This altcoin could surge to a maximum of $1.16 in 2024. FLOW with a potential surge could go as high as $5.63 by 2030. Rising altcoins are making a new bull wave in the crypto market, marking new surges in specific altcoins daily.

The layer-1 blockchain MultiversX (EGLD) is dominating the crypto gaming sector in terms of development activity, according to the analytics firm Santiment. Santiment notes that MultiversX, formerly known as Elrond, registered 228.73 notable GitHub events in the past 30 days. The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) was second, clocking 195.03 events.

September is expected to be the beginning of change for the crypto market, which could be a boon for altcoins.

Amid the increased social activity for DePIN projects, the EGLD price action reveals a positive cycle in motion. As the native token of the multiversX, EGLD has shared a similar phase to all the other metaverse tokens in the crypto market.

Cryptocurrency Prices Today (August 30): The broader market witnessed significant price fluxes today, with major coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP trading in the red territory. However, altcoins BEAM and MultiversX (EGLD) traded dominantly in the green zone today.

Tokens that power Decentralized Physical Infrastructure Networks (DePIN) are gaining traction, making them assets that investors should watch closely.

Story Highlights The live price of the EGLD crypto token is . The Elrond price could go as high as $67.93 by 2024. With a potential surge, the EGLD price could reach a high of $252.68 by 2030. The projects based on Defi have undergone a sustained upward move.

As the cryptocurrency market recovers after a period of volatility, certain digital assets are emerging as frontrunners, demonstrating both resilience and strong growth potential.

Story Highlights The live price of the COMP crypto is . Compound price could reach a maximum of $100 by 2024. This altcoin could surpass $400 mark with a high of $412.66 by 2030. With the bullish 2024 turning gaining momentum, the buyers are preparing for the positive events ahead.

Cryptocurrencies have mostly become a game of highly capitalized institutional investors known as venture capitalists (VC), often described as a “predatory” dynamic. As the Securities and Exchange Commission (SEC) continues with the cryptocurrency industry crackdown, VC-funded projects could offer increased risks.

This update gives users an easy entry point to MultiversX, enhancing the speed and security of blockchain technology. MultiversX is a new-age blockchain built to be fast, efficient, and safe.

Enhanced security and seamless access to MultiversX's ecosystem could significantly reduce crypto-phishing losses and boost Web3 adoption. The post MetaMask and MultiversX join forces to bring on-chain 2FA to millions appeared first on Crypto Briefing.

MultiversX, ecosystem of the crypto Elrond, has announced the launch of the "Snaps" feature for integration with the MetaMask wallet.

The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection.

Fundamental analyses are often overlooked in the cryptocurrency market, primarily focused on short or mid-term trades, mostly following technical analyses. However, investment funds like Cyber Capital focus on long-term value investing through in-depth fundamental analyses of the industry's projects.

The crypto market exhibited mixed signals in the month of July: many altcoins noted exceptional growth while other suffered.

Humpy, a known whale that has caused governance pressure for Balancer and SushiSwap, managed to turn Compound into a yield-bearing staking asset after a controversial voting proposal.

Compound Protocol is considering a major shift in its revenue distribution following a recent governance fiasco.

With the market liquidations on the rise, Compound enters the list of top-performing altcoins with two bullish daily candles. As the bull run in the COMP price gains momentum, the daily chart reveals a breakout run impending to explode.

A permissionless layer 1 blockchain for mainstream apps. Flow is a fast, decentralized, and developer-friendly blockchain designed to be the foundation for a new generation of games, apps, and digital assets that power them.

Compound Finance's governance attack gets unexpected happy ending.

Compound Finance has brokered a truce with the pseudonymous crypto whale Humpy and his group, The Golden Boys, following a heated governance dispute over Proposal 289.

TL;DR Proposal Cancellation: Compound Finance defused a contentious “governance attack” by reaching a settlement with crypto whale Humpy and his Golden Boys group. Yield-Bearing Staking Program: Instead of goldCOMP, a new staking product will distribute 30% of existing and new market reserves annually to staked COMP holders.

A controversial proposal to allocate $24 million of Compound Finance's treasury has sparked allegations of a governance attack by a small group of token holders, raising concerns over the protocol's decision-making integrity.

Mog Coin (MOG), Compound (COMP), and Blackjack ($JACK) have all made headlines with their respective advancements, price movements, and unique characteristics. As these cryptocurrencies continue to shape the market, investors are closely watching their trajectories to gauge future potential and opportunities. This article delves into the latest updates on these three intriguing assets.

The settlement and new staking plan could enhance Compound's governance security and tokenomics, potentially attracting long-term investors. The post Compound settles ‘governance attack' as COMP surges 7% with new staking plan appeared first on Crypto Briefing.

A new staking product will be offered instead of what Humpy and the 'Golden Boys' initially proposed.

Compound price jumped by 6.4% despite a $25 million attack on its DAO governance. The dysfunctional Compound DAO was riddled with inactive members, which led to a sinister whale proposing and passing a $499,000 COMP grant for his team, the Golden Boys.

The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to researcher DeFi Ignas, the attack began with an initial proposal to grant 92,000 COMP tokens, submitted without prior discussion on the Compound DAO forum.

TL;DR Golden Boys and Governance Controversy: Compound Finance, a decentralized lending and borrowing protocol, is embroiled in a governance scandal. The “Golden Boys” group is at the center of the controversy, with allegations of a governance attack.

Compound (COMP) price slipped about 6%, trading as low as $47.27 on Monday. The decline came as the community reacted to the latest news about the governance of the decentralized autonomous organization (DAO) behind the lending protocol.

A whale holding COMP tokens is helping push through a governance proposal that would allocate $24 million in COMP to a yield-bearing protocol called goldCOMP.

Dive into the visionary thoughts of Beniamin Mincu, CEO of MultiversX, as he discusses technological advancements, community engagement, and the future of blockchain in our exclusive GoCrypto interview series.

Currently, Flow is trading at $0.6283, with its trading volume spiking by 361% to approximately $150 million. The market capitalization of FLOW has also increased to $950 million.

Story Highlights The live price of EGLD is . The Elrond price could go as high as $87.93 by the end of 2024. With a potential surge, the EGLD price could reach a high of $252.68 by 2030. The projects based on Defi have undergone a sustained upward move.

MultiversX, formerly known as Elrond, is facing challenges in sustaining recent price gains amidst broader market volatility. The EGLD token price has dropped by 4% in the past 24 hours, highlighting ongoing fluctuations in its valuation despite positive developments in its ecosystem.

Talks of an altcoin season have been put to rest after the total crypto market cap briefly slipped below $2 trillion. The decline resulted from a broader price crash in which many altcoins reached extremely low values that had not appeared in weeks, some months, and others— years.

MultiverseX (EGLD) is the top gaining cryptocurrency among top 100 coins by market in the past 24 hours, with price up 11% after the team announced integration with Safepal. EGLD price rose to $32.

The cryptocurrency market crashed in the last 24 hours, led by Bitcoin (BTC), as fear, uncertainty, and doubt (FUD) dominated. Meanwhile, MultiversX (EGLD) and Monero (XMR) displayed signs of strength, while most other cryptocurrencies showed weakness.

In the fast-paced world of cryptocurrency, time waits for no one as blockchain and crypto projects continue to develop. The second half of 2024 is set to be exciting for crypto enthusiasts and investors, as several innovative projects are expected to reach significant milestones in the coming months.

Binance announces support for MultiversX (EGLD) and Ronin (RON) network upgrades and hard forks, ensuring uninterrupted trading.

The cryptocurrency market has been notably volatile in the past week, exhibiting both sharp declines and brief recoveries.

Blockchain services provider STORM Partners made a major announcement during the Web3Fest, along with Cardano (ADA), MultiversX, and other major projects in the crypto space. During the event in Switzerland's “Crypto Valley,” the company unveiled “Lightningbox,” a new Web3 Sandbox, and relocated its headquarters from Montreux to Geneva.