🔍 Market Summary

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Kinto plunges 81% as ETH L2 set to wind down months after hack

Kinto plunges 81% as ETH L2 set to wind down months after hack

The Kinto token, the governance token of the Kinto Network, has plummeted over 80% after its team announced that its Ethereum layer-2 blockchain is shutting down at the end of September, following months of setbacks.Kinto raised $1 million in debt to restore trading on its “modular exchange” after a…

UAE Bitcoin Miner Phoenix Group Reports 43% Revenue Decline, Highlights Shift Toward Digital Treasury

UAE Bitcoin Miner Phoenix Group Reports 43% Revenue Decline, Highlights Shift Toward Digital Treasury

Phoenix Group, the first UAE-listed Bitcoin (BTC) mining company (ADX: PHX), posted a 43% decline in quarterly revenue compared to last year and reported a $29.2 million net loss, even as it expanded its digital asset holdings and maintained profitable operations across its global facilities.Phoenix…

NEAR, LTC readies for comeback; DTX Exchange’s $6.1m raise and Phoenix Wallet trending

NEAR, LTC readies for comeback; DTX Exchange’s $6.1m raise and Phoenix Wallet trending

NEAR and Litecoin are poised for a winter comeback, while DTX Exchange raises $6.1 million and trends with its Phoenix Wallet, enhancing trader security and usability. #partnercontent

Guest Post
Social Surge: RENDER and NAKA Dominate Social Activity Charts!

Social Surge: RENDER and NAKA Dominate Social Activity Charts!

Phoenix has released a report on the top tokens based on social activity. RENDER and NAKA are leading with great numbers. More info about it is below.

Ishtiyaq Hussain
September’s Top Performers: EGP, ANS, and XPOWER Dominate with High ROI

September’s Top Performers: EGP, ANS, and XPOWER Dominate with High ROI

Phoenix released a report on the top-performing cryptocurrencies in September. EGP, ANS & XPOWER lead with high ROI.

Ishtiyaq Hussain
Web3 Tokens See Strong Weekly Trading Volume with $LINK, $DOT, and $ENS in Lead

Web3 Tokens See Strong Weekly Trading Volume with $LINK, $DOT, and $ENS in Lead

Phoenix has shared the list of top Web3 tokens that recorded good trading volumes weekly, with $LINK, $DOT, and $ENS) leading.

Umair Younas
Top Weekly Crypto Projects By Total Value Locked: MLN, SAKAI, PAAL & More

Top Weekly Crypto Projects By Total Value Locked: MLN, SAKAI, PAAL & More

According to Phoenix, MLN, SAKAI & PAAL lead the weekly crypto project in terms of total value locked.

Ishtiyaq Hussain
Uniswap Leads Ethereum Burn, Destroys 1,166 ETH in Seven Days

Uniswap Leads Ethereum Burn, Destroys 1,166 ETH in Seven Days

According to Phoenix, a crypto media outlet Uniswap $UNI burnt an outstanding 1,166 Ethereum $ETH, proving its vital role in the Ethereum ecosystem.

Umair Younas