Less than a year after its activation, the Ethereum Improvement Proposal-1559 (EIP-1559) has permanently removed nearly $3 billion worth of ETH from circulation. According to recent data from Ultraso...
Tag: eth price
VCs Invested Over $3B in Crypto Projects Last Month Despite Bear Market: Report
Despite the downturn in the crypto market, venture capital (VC) firms have not lost interest in the sector and have continued to pour money into crypto projects. According to a VC monthly report by Wu...
Crypto Broker Voyager Says It Is “Pursuing Strategic Alternatives” After Halting Withdrawals
In a tweet thread on Sunday, crypto broker Voyager Digital said it is seeking strategic alternatives and that it is focused on protecting assets and maximizing value for its customers. The statement c...
Short-Bitcoin Products Hit $51M Inflow as Investors Predict More Downside
As the bearish crypto market continues, many investors have opted for schemes that will bring them profits, at the expense of top assets such as Bitcoin. Short-Bitcoin Hits $51M Within a Week Accordin...
Crypto Exchange FTX US Rescues BlockFi With $640 Million Deal
FTX US, the United States division of Sam Bankman-Fried’s cryptocurrency derivatives exchange FTX has signed a “definitive agreement” worth $640 million with troubled crypto lender BlockFi. According...
Solana-based Crema Finance Hacked for $8.7M in DeFi Exploit
Crema Finance, a DeFi protocol on the Solana network, suffered a security breach in the early hours of Sunday. The hack led to the loss of an estimated $8.7 million which the attacker still holds in s...
ETH Ends the Sixth Day of it Consistent Losses
Ethereum has been on the downtrend since the start of the week and is showing no signs of stopping. It ended the fifth day of the seven-day period with no notable losses but a red candle which continu...
NFT Marketplace Quixotic Confirms $100k Exploit via Offering Feature Breach
Quixotic, a non-fungible token (NFT) marketplace built on layer-2 scaling solution Optimism, on Friday confirmed an exploit that resulted in the loss of $100,000 worth of ERC-20 tokens. The attacker ...
El Salvador Purchases $1.5 Million Worth of Bitcoin at $19,000
Bitcoin-friendly El Salvador has bought the dip, adding 80 BTC ($1.5 million) to its balance sheet. The country said it purchased the bitcoins at an average price of $19,000 each. El Salvador Buys 80 ...
Asset-Backed Token Raise to Support the Build of Algae Biomass Protein Farms
SIT is the world’s first blockchain-based algae biomass project offering. The project will be built utilising patented sustainable technology to deliver a pioneering green investment opportunity. Car...
Bitcoin and Ethereum Record Tremendous Losses
The crypto market is going through one of its toughest second quarter. Most cryptocurrencies have significantly lost a large chunk of their value over the last three months. This is attributed to the ...
Singapore Regulator Reproves Three Arrows Capital for Exceeding $250M Threshold
The Monetary Authority of Singapore (MAS) disclosed Thursday that it had reprimanded Three Arrows Capital (3AC). The troubled crypto fund manager is charged with providing inadequate information and s...
FTX to Acquire BlockFi For $25M (99% Discount)
Sam Bankman-Fried’s crypto company FTX is on track to acquire troubled cryptocurrency lending firm BlockFi for $25 million, CNBC reported Friday. The deal, expected to conclude as soon as this week, w...
Grayscale Sues U.S. SEC Following Bitcoin ETF Denial
Leading asset management firm Grayscale Investments has filed a lawsuit against the United States Securities and Exchange Commission (SEC) over rejecting its application to convert the Grayscale Bitco...
Binance Inks MOU With Cambodian Regulators for Digital Asset Innovation
Leading cryptocurrency exchange Binance has signed a Memorandum of Understanding (MoU) with the Securities and Exchange Regulator of Cambodia (SERC) to work with the regulator to strengthen digital as...
Coinbase Plans Europe Expansion Amid Bear Market
Leading U.S. cryptocurrency exchange Coinbase is working to be registered in more European countries, including Italy, Spain, France, the Netherlands, and Switzerland, Bloomberg reported on Wednesday....
South African Police Arrest Two for Alleged $2 Million Crypto Fraud
The Hawks, a South African police unit, have arrested 57-year-old Zain Muhammed Valle and 25-year-old Michelle Bianca Bezuidenhout for an alleged R34 million (Approx. $2.1 million) cryptocurrency scam...
White Hat Gets $630k for Averting Potential $25M Bug on Solana-based Port Finance
Port Finance, a Solana-based lending protocol, has paid out a $630,000 bounty to a white hat hacker who helped prevent a potential $25 million vulnerability from the platform, cybersecurity firm Halbo...
GogolCoin Unveils Its Cryptocurrency Exchange – GOLEX
Recognized as a pioneering platform for buying, trading, and selling cryptocurrency in MENA Region, GOLEX stands out as the ideal exchange in a decentralized future. Building upon its growing platform...
Russian Lawmakers Approve Tax Exemption Proposal for Digital Asset Issuers
A few days after Russian authorities presented a bill seeking to govern the illegal issuance of crypto if approved, the country’s policymakers have signed a proposed law to exempt token issuance from ...
TRON Breaks the 100 Million Users Mark, Celebrates Mainnet 4th Anniversary, and Announces Huge Hiring Push Amid Market Meltdown
TRON user accounts have reached 100,048,526, officially breaking the 100 million ceiling, according to data from the blockchain browser TRONSCAN, as of June 25. On the same day, TRON Mainnet celebrate...
BTC, ETH, BNB, SOL, SHIB
The crypto market is looking good again as most cryptocurrencies saw more uptrends during the previous week. There were notable changes to the value of the global cryptocurrency market cap. One such i...
Revolution Around Crypto, NFTs, and DeFi Will Not Be Stopped
Cathie Wood, founder and CEO of investment management company ARK Invest, has reiterated her bullish stance on cryptocurrencies despite the recent market downturn sparked by the Terra UST/LUNA crash. ...
Harmony Protocol Hacker Starts Moving $100M Stolen Funds to Tornado
Following last week’s attack on the Harmony Protocol that resulted in the loss of $100 million, the exploiter has started to move the stolen funds. Harmony Hacker Moves $22 Million The exploit on the...
Blockchain Analytics Firm Kaiko Secures $53M Funding Amid Market Turmoils
Kaiko, a blockchain data provider company serving institutional investors and enterprises, has secured $53 million in Series B funding, the company announced Tuesday. Kaiko Bags $54 Million From Inves...
Rich Dad Predicts Bitcoin to $1,100. Mistake Or?
Robert Kiyosaki, author of the best-selling book “Rich Dad, Poor Dad,” has revealed that he is waiting for Bitcoin to test $1,100 so that he can buy the dip. Kiyosaki Wants Cheap Bitcoins The author a...
Top 7 Most Ideal Crypto Coins for Students
People who attend college often have a tight schedule and a lot of responsibilities. They have to juggle study and courses while trying to keep their social life alive. On top of everything, student l...
CoinFLEX Plans to Issue $47M in Tokens to Resolve Withdrawals Issues
A few days after suspending withdrawals on its platform due to a high net-worth client failing to meet a margin call, crypto futures exchange CoinFLEX is now planning to launch a “Recovery Value USD” ...
Grayscale Enters Wall Street Partnerships Hopeful of Bitcoin ETF Approval
Leading digital asset manager Grayscale Investments has signed an agreement with Wall Street giants Jane Street and Virtu Financial (VIRT) as “authorized participants” of its Grayscale Bitcoin Trust (...
Institutions Betting “Hundreds of Millions” to Short Tether (USDT)
Following the infamous crash of Terra’s algorithmic stablecoin UST, many investors and regulatory authorities have raised concerns about stablecoin generally, as they are expected to keep a 1:1 peg to...