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Click here to read our crypto digest. Continue reading Crypto Flipsider News – Ankr Gains 50%; BlackRock Bitcoin Trust; Huobi Sells Stake; Ethereum Classic Rally; Zipmex Restores Withdrawal at DailyCoin.com.

The native token of the Ankr (CRYPTO: ANKR) blockchain rallied 50% to a three-month high on Thursday. What Happened: ANKR surged from $0.03 to an intra-day high of $0.056 over 24 hours, as per data from Benzinga Pro. The token has seen its price appreciate 95% over the last seven days. ANKR’s massive rally comes after leading crypto exchange Binance announced a strategic investment in the blockchain platform. Welcome @ankr to the #Binance Labs Family! ICYMI — Ankr is a decentralized infrastructure and cross-chain staking DeFi platform that aims to make Web3 accessible for everyone.https://t.co/hvtYv43xGJ — Binance Labs Fund (@BinanceLabs) August 11, 2022 The funds will go toward ramping up the work on Ankr’s remote procedure call (RPC) service and building out its Web3 developer suite, Binance’s venture arm said in a blog. "We are very excited to have Binance Labs as a strategic investor. BNB Chain is the chain with the highest amount of daily transactions and active users by far,” said Ryan Fang, co-founder of Ankr, in a statement. Ankr is a decentralized cross-chain network that introduces the ability for anyone to stake a full node on the blockchain. The web3 infrastructure provider lets developers building on Ankr stake 100,000 ANKR tokens to their nodes before serving remote procedure calls or “RPC” traffic. Individual token holders can also support node providers by staking their ANKR holdings. In return for servicing these requests, these node providers and stakers will receive ANKR rewards. At the time of writing, the Ankr protocol serves an average of 250 billion RPC requests per month across 50 blockchain networks.  Price Action: The crypto market saw a 0.61% decline to $1.15 trillion over the last 24 hours, with major cryptocurrencies seeing this week's rally fade. At press time, Bitcoin (CRYPTO: BTC) was trading at $24,00, down 1.4% over 24 hours and Ethereum (CRYPTO: ETH)  was trading at $1,900, up 1.18% over the same period. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Click here to read our crypto digest. Continue reading Crypto Flipsider News – Market Rally; Ethereum Goerli Merge; Ripple to Buy Celsius, SEC Probes Coinbase; Hotbit Suspends Transactions at DailyCoin.com.

Crypto trading app Swan Bitcoin is among dozens of crypto businesses affected by a data breach suffered by email marketing firm Klaviyo.

Another round of unannounced account suspensions leaves crypto newsletter publishers scrambling to choose a new provider.

Click here to read our crypto digest. Continue reading Crypto Flipsider News – Curve Finance Hack; Coinbase $1B Loss; Stablecoins Support Merge; Nuri Insolvency Filing; U.S. CHIPS Bill at DailyCoin.com.

The latest token update as shared LIVE in our metaverse AMA yesterday 🎥 Including news of the Team and Advisors locking up a HUGE 44 billion tokens, until at least October 2023 🔒 Read more 👇 https://medium.com/@bloktopia/blok-token-update-b51f69d9795c #BLOK #TokenUpdate #AMA https://twitter.com/bloktopia/status/1557370689857982464/video/1 https://video.twimg.com/ext_tw_video/1557368046452350979/pu/vid/1280x720/1_LYEaMa8FqkuqU3.mp4?tag=12

Click here to read our crypto digest. Continue reading Crypto Flipsider News – Tornado Cash Sanction; Bitcoin Tops $24k; CEL Rallies 110%; Galaxy Q2 Loss; China Accounts Closure at DailyCoin.com.

RT CryptoInsightsX: 📢TOP 10 Gainers of #Metaverse Projects last 24h📈 🥇 $BLOK @bloktopia 🥈 $SOUL @PhantasmaChain 🥉 $ATRI @atari $WAXP @WAX_io $POLIS @staratlas $PLA @playdapp_io $DERC @DeRaceNFT $ERN @EthernityChain $APE @apecoin $MLT @MILCplatform #NFTs #CryptoNews #Crypto #altcoin https://twitter.com/CryptoInsightsX/status/1554122325091500038/photo/1 https://pbs.twimg.com/media/FZFZQsSVUAAH_6p.jpg:large

Read our crypto digest by clicking here. Continue reading Crypto Flipsider News – BTC ETH Consolidates; Crypto.com’s Korea Expansion; Dragoma Rug Pull; Beanstalk Relaunches; deBridge Attack at DailyCoin.com.

Flow (CRYPTO: FLOW) was the best performing crypto token over the last week, rallying 47% over the last seven days. The news was largely driven by an announcement regarding the blockchain’s partnership with Meta Platforms’ (NASDAQ: META) Instagram to bring NFTs to the social media platform.  Top Gainers of Week Ending Aug. 8, 2022 (Data via CoinMarketCap) Cryptocurrency 7-Day % Change (+/-) All-Time High Value/Date Reached % Change (+/-) Since All-Time High Flow (FLOW) +47% $42.40 On April 05, 2021 -93% Decred (DCR) +35% $247.35 On April 17, 2021 -85% Trust Wallet Token (TWT) +24.4% $1.5 On April 09, 2021 -20% Theta Network (THETA) +21.72% $15.72 On April 16, 2021 -89% Quant (QNT) +21% $427.42 On Sept. 11, 2021 -70% Instagram Goes With The Flow The native token of the Flow blockchain extended a seven-day rally to a three-month high of $2.97 on Monday. FLOW’s price action followed an announcement that Instagram had added support for the Flow blockchain for users to mint NFTs directly on the app. And we’re just getting started. The Flow community is ALWAYS building, which is why we continue to reach new all-time highs, like the 1.4 MILLION transacting users last week that set a new record #onFlow (3/4)https://t.co/uJ8qAlLmgM — Flow (@flow_blockchain) August 7, 2022 The number of transactions on the Flow blockchain hit an all-time high of 1.4 million last week, suggesting an uptick in user activity along with the price.  Another token that saw the positive effects of the Meta partnership was the native token of crypto wallet provider Trust Wallet. The Trust Wallet Token (CRYPTO: TWT) rallied to a four-month high of $1.18 after Meta announced Trust Wallet as the main partner wallet for the Meta and Instagram NFT initiative. We're proud to be a main partner wallet for the @Meta and @instagram #NFT initiative! We support both #Ethereum and #Polygon #NFTs available on #instagram . Download #TrustWallet now to get prepared for the future rollouts! Link in comments https://t.co/uuOBXthNRn pic.twitter.com/7FFk3ruY0e — Trust - Crypto Wallet (@TrustWallet) August 4, 2022 Decred’s Massive One-Day Rally Hybrid blockchain Decred (CRYPTO: DCR) gained an impressive 125% over a few hours on Aug. 6. As per data from Benzinga Pro, DCR saw a sharp surge from $27.79 to $63.80 on Saturday. #Decred Ticket prices are also the highest they’ve been for a few months. The ticket pool continues to reach new highs as those precious $DCR coins get locked up and taken off the market. The supply squeeze continues. Only 4 million coins left in circulation!#DCRDATA #DCRDEX pic.twitter.com/IZqe3jtlgC — Decred Society (@DecredSociety) August 6, 2022 Market participants believe that the new block reward split implemented three months ago will prove favorable for the coin in terms of long-term price action. Altcoins Rally As Bitcoin Breaches $23,500 Bitcoin (CRYPTO: BTC) traded between $22,500 and $23,500 over the week and its dominance accounted for 40.36% of the cryptocurrency market. Ethereum (CRYPTO: ETH) traded between a low of $1,570 and a high of $1,744 over the last seven days. Altcoins such as Quant (CRYPTO: QNT) and Theta Network (CRYPTO: THETA) also saw significant rallies over the past week, sparking debates that an alt season may be underway. Photo by Satheesh Sankaran on Shutterstock © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.