The United States Federal Bureau of Investigation (FBI) has warned financial institutions and crypto traders about the increasing growth of fake crypto investment apps. Fraudulent Crypto Apps Defraud...
Tag: Ether
Ether Futures Record $230 Million Liquidation As Proposed Merge Drives ETH Price Up – crypto.news
The second largest cryptocurrency by market capitalization is facing a critical period in its existence as the decisive month draws closer. Meanwhile, the Ether futures track has slumped further by lo...
Crypto Market Back Above $1 Trillion As Bitcoin, Ether, Cardano, Polygon Lead Gains In Relief Rally ⋆ ZyCrypto
Advertisement     Bitcoin kicked off on a strong note Monday after a captivating week of consistent gains. The cryptocurrency trades at $21,558 after gaining over 3% i...
Lido Brings Staked Ether to Layer-2s
The announcement comes days after Sept. 19 was announced as the target date for ETH’s Beacon Chain Merge “For Ethereum stakers, this means staking with lower fees and access to a new suite of DeFi app...
Over 13M Ether Now Locked On Eth 2.0 Staking Protocol as The Merge Nears ⋆ ZyCrypto
Advertisement     The number of Ether staked on Ethereum’s Eth 2.0 staking contract has surpassed 13 million even as the layer one blockchain prepares to upgrade to a ...
Bitcoin S2F Model Creator Predicts $30k Bitcoin Price in September 2022
Dutch analyst PlanB, the creator of the Bitcoin Stock-to-Flow (S2F) prediction model, has just shared a new prediction, noting that BTC will reclaim $30,000 by September 2022 if the cryptocurrency con...
Coinbase Secures Operational License in Italy Amid European Expansion
Leading cryptocurrency exchange Coinbase announced Monday that it has received approval from the Italian government to operate as a crypto service provider in the region. The United States-based crypt...
Binance Fined $3.3M By Dutch Central Bank
Leading cryptocurrency exchange Binance has been fined 3.32 million euros ($3.35 million) by De Nederlandsche Bank NV (DNB), the central bank of the Netherlands, for offering crypto services in the co...
SOL Climbs Above $40 for the First Time in Fourteen Days
Solana saw a lot of volatility during the previous week. One clear indication of this is its highs and lows over the last seven days. Although the week started slow, it picked up momentum as it progre...
Ether (ETH) Rallies After a Large Short Squeeze in the Futures Market – crypto.news
According to Glassnode data, the sudden spike in the prices of Ethereum has been attributed to a large short squeeze in the futures markets. Over $97 million worth of bets were taken out in just an ho...
Uniswap Retains Nearly 60% of DEX Trading Amid Volume Slump
Cryptocurrency analytics platform CoinGecko revealed in its recently released second-quarter (Q2) report for 2022 that the top decentralized exchanges (DEX) existing on various networks have generally...
Celsius Network Users May Face Prolonged Waiting Time Over Repayment: Report
A new report has revealed that users of troubled crypto lending platform Celsius may have to wait a long time to access their funds frozen on the platform. Recall that the firm had filed for voluntary...
Voyager Asks Court to Fulfill Customers’ Withdrawals From Metropolitan Commercial Bank
According to a July 14 court filing, troubled crypto brokerage firm Voyager Digital has asked the New York bankruptcy court to honor customer withdrawals for more than $350 million held by Metropolita...
Crypto Mixer Usage Hits All Time-High as Crypto Crimes Surge: Report
Cryptocurrency mixing platforms, also known as tumblers, have been experiencing increased usage from individuals who wish to obscure the origin of their funds, blockchain analytics firm Chainalysis sa...
‘Merge’ rally pushes Ethereum almost to $1,400
The price of Ether was trading in the green this morning, continuing a rally that kicked off after the release of a soft timeline for the underlying Ethereum blockchain’s transition to proof-of-...
QNT Faces Threats of Massive Selloffs as it is Overbought
Quant was on an uptrend over the last four days. The token saw the surge start the previous week as it recorded massive gains during this period. The asset was the the top gainer during the previous i...
OpenSea Lays off 20% of Employees to Prepare for a Prolonged Crypto Winter
Leading non-fungible token (NFT) marketplace OpenSea has slashed 20% of its workforce due to the ongoing economic slump, joining the long list of firms that have laid off their employees to stay afloa...
Bitcoin, Ether, XRP, Cardano Steady Despite Worse Than Expected CPI Data — BTC Finally Inflation Proof? ⋆ ZyCrypto
Advertisement     Bitcoin continued to exude strength on Friday despite worse-than-expected inflation figures earlier in the week. At press time, Bitcoin was trading a...
Bitfinex Donates $1.3M Worth of BTC and USDT to Small Businesses in El Salvador
Bitfinex, a cryptocurrency exchange owned and operated by iFinex Inc., announced Thursday the donation of 36 bitcoins and 600,000 USDT to bitcoin-friendly El Salvador. Bitfinex Donates $1.3 Million to...
DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike
While cryptocurrency lending platform Aave’s native coin AAVE was up 15% at $91, decentralized exchange Uniswap’s UNI traded at $7, representing a 13% gain, CoinDesk data shows. Bitcoin (B...
CoinPayment to Shut Down U.S. Operations on July 19, Warns Users to Withdraw Funds
Global crypto payment processor CoinPayment and its parent company UAB Ventures are on the verge of exiting the U.S. market due to heightened security obligations and market changes, BleepingComputer ...
Crypto Exchange OKX Receives Provisional License in Dubai
Popular cryptocurrency exchange OKX, formerly known as OKEx, has joined a growing list of crypto trading platforms to receive approval to operate as a digital asset service provider (DASP) in Dubai. ...
Terra’s Fallen USTC Held 7th Largest Stablecoin in Q2 Despite $0.03 Peg
Singapore-based cryptocurrency data aggregator CoinGecko has just released its second quarter (Q2) report for 2022. The report outlined the condition of the entire stablecoin market. The top 15 stable...
Crypto Lender Celsius Network Files for Chapter 11 Bankruptcy Protection
Beleaguered cryptocurrency lender Celsius Network announced Wednesday that it has filed for Chapter 11 bankruptcy protection for reorganization in the U.S. Bankruptcy Court of the Southern District of...
Bitcoin and ether see major price swings following US inflation report
Bitcoin and Ethereum whipsawed on Wednesday following a red hot inflation report of 9.1%. Bitcoin briefly jumped above $20,000 initially following the report, before plunging as low as $19,046 (and be...
Binance Burns 1.96M BNB Worth $444 Million in Latest Burn
Binance, the world’s largest cryptocurrency exchange, said it has completed its 20th quarterly burn of its native token, this time removing about 2 million BNB from circulation. Binance Burns $444 Mil...
Celsius takes out $417 million in staked ether from Aave
On Tuesday, Celsius Network reclaimed a large portion of its collateral deposits that were locked in decentralized finance (DeFi) applications. At around 7:50 a.m. ET, Celsius withdrew 400,000 stETH (...
Celsius withdraws its Ether holding amounting to $417 million from the Aave platform
Celsius Network withdraws $417 Million Ether holding from the Aave platform. Celsius paid Aave a loan of $63.5 million in the form of USDC. Celsius Network was Established in 2015 by Alex Mashin...
California’s Financial Regulator Probes Firms Offering Crypto Interest Accounts
The California Department of Financial Protection and Innovation (DFPI) said in a recent publication that it is “actively investigating” companies offering crypto interest accounts to investors in the...
Animoca Brands Hits a $5.5B Valuation After Raising $75 Million
Hong Kong-based play-to-earn gaming development company Animoca Brands has now attained a valuation of $5.5 billion after a $75 million fund round. The latest valuation comes at a time when the crypto...
3AC Founder Alleges “Good Faith” Breach by Liquidators
Zhu Su, the co-founder of crypto hedge fund Three Arrows Capital (3AC), has finally broken his silence on the company’s liquidation proceedings. Su said in his first Twitter post since last month that...
Is Cardano Dead? The Best Hype-Free Article You’ll Find!
The Cardano blockchain project is dead or well alive depending on who you ask. At the peak of its recent highs in November 2021, the (ADA) cryptocurrency hit a market valuation above $50 billion. Such...