Polkadot’s Q4 data shows growth in user activity, can DOT sustain this trend?

Polkadot’s address activity registers an uptick as market conditions improve. DOT demand hangs in the balance as the market seeks more directional clarity. Polkadot is off to a healthy start so far th...

PancakeSwap: Jump in active user count leads to a surge in revenue

The count of active users on PancakeSwap in the last month totaled 1.37 million. CAKE’s buying pressure is on a decline, hence a price correction might be due.  With 1.37 million users in the last 30 ...

Kraken reaches $30M settlement with SEC over staking as IRS seeks user information

Cryptocurrency exchange Kraken has reached an agreement with the United States Securities and Exchange Commission to stop offering staking services or programs to U.S. clients. In a Feb. 9 announcemen...

AI to feature prominently in the crypto user experience — Nansen CEO

As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technolog...

Trust Wallet shed light on Peculiar $4 Million User Attack

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Trust Wallet Clears the Air on Mysterious $4 Million User Hack

Trust Wallet – a multi-chain crypto wallet provider – provided a statement on Wednesday explaining recent events allowing for $4 million to be stolen from one of its users.  The company chalked the th...

CZ Acknowledges Bad User Experience as Binance Suspends US Dollar Transfers

Cryptocurrency exchange Binance is suspending US dollar transfers from Wednesday, but hasn’t given a reason for doing so. “We are temporarily suspending USD bank transfers as of February 8th,” a spoke...

The Sandbox Partners With Zeptolab Offering Unique User Experience

The most popular game developed by ZeptoLab is Cut the Rope. Moreover, the Sandbox and ZeptoLab will collaborate to produce digital collectibles. In a recent announcement, ZeptoLab and The Sandbox dec...

Ethereum gas price spikes 29% in January as user activity grows: Report

Stepping into 2023, the cryptocurrency market seemingly shrugged off the year-long bearish sentiment from 2022. As investors took notice, the long-awaited price corrections had a significant reaction,...

Reddit user finds 7zip file probably associated with Julian Assange hidden in Bitcoin Blockchain

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DebtDAO To Burn 18M FTX User Debt Tokens Citing Demand Frenzy

Join Our Telegram channel to stay up to date on breaking news coverage DebtDAO has to burn 18 million FTX User Debt tokens, FUD, following a recent value surge that caused a demand frenzy. What: DebtD...

Reddit User Discovers 7zip File Possibly Linked to Julian Assange Hidden in Bitcoin Blockchain – Bitcoin News

According to a post on the Reddit community r/bitcoin, an old file was discovered that may be linked to Julian Assange, the whistleblower and founder of Wikileaks. The encrypted 7zip file is in the ou...

DebtDAO set to burn 18m FTX user debt (FUD) tokens

DebtDAO, a decentralized autonomous organization focused on debt management, announced its plan to burn 18 million FTX user debt tokens.  The decision to burn the tokens results from a demand frenzy f...

CZ says no Binance user incurred losses from Orion Protocol’s hack

Binance CEO, Changpeng Zhao, said that no Binance users or assets were affected by the Orion Protocol (ORN) $3 million hack. Changpeng Zhao tweeted that the Orion Protocol (ORN) hack was due to a lack...

Crypto user behind $116m Mango Markets exploit waives right to bail – Cryptopolitan

Attorneys assigned to the crypto user suspected of orchestrating a $116-million heist from decentralized exchange Mango Markets have conceded their client should remain detained during court proceedin...

Binance Introduces User Feedback Feature to Improve Exchange

Binance – the world’s largest cryptocurrency exchange – announced on Wednesday a feature that will allow its community to easily provide the company with comments and feedback.  The tool will let user...

Social token Rally abruptly shuts, user crypto stranded on-chain

Listen to this article. Yesterday, social token platform Rally.io, which runs on its own Ethereum sidechain, announced it would suddenly cease operations. The decision leaves the funds of users and cr...

Aave deploys V3 on Ethereum mainnet to mitigate user risk

Aave recently released Version 3 on the Ethereum mainnet. The network released an official tweet to inform users about the deployment. With the update, the Aave community has gained access to technica...

DeFi Platform Friktion Announces Closure of User Interface

Defi News Friktion is encouraging consumers to remove their money from the protocol. Nonetheless, the underlying protocol will continue to be available on-chain. According to a statement released on J...

Solana DeFi project Friktion shuts down its user platform

Solana decentralized finance (DeFi) platform Friktion is shutting down its user interface and urging customers to withdraw their assets from the protocol, according to a statement on Jan. 26.  The pro...

Gala (GALA) Games Connects with Coinbase Wallet, Axie Infinity (AXS) Experiences a Hike in User Activity, while Orbeon Protocol (ORBN) Flaunts 987% Growth

Place/Date: – January 25th, 2023 at 5:16 am UTC · 4 min read Source: Orbeon Protocol A few cryptocurrencies recently gained momentum, and gathered the interest of investors. Among them, the curr...

Binance Admits Mistake of Holding Collateral Tokens with User Funds

Yuri Molchan Binance is working to correct mistake of mixing its collateral and customers’ funds In a recent article, Bloomberg reported that Binance has admitted to mistakenly storing the colla...

Binance mixes user funds with B-Token collateral by ‘mistake’

World’s largest crypto exchange Binance has acknowledged that it has mistakenly stored token reserves and user funds in the same wallet, according to a Bloomberg report. Reserves for nearly half of th...

User Purchases 850 Billion Shiba Inu (SHIB) Worth $9.2M

11 hours ago | 2 mins read Altcoin News A tweet claims that a user paid just over $9.2 million USD in fiat currency. On January 18 a whale sent 443 billion SHIB meme coins to OKX. In anticipation of t...

850 Billion Shiba Inu (SHIB) Grabbed by This User Ahead of Shibarium Beta Launch

Yuri Molchan Active SHIB whale has bought close to trillion Shiba Inu, expecting Shibarium to launch soon Contents Whale grabs close to trillion Shiba Inu BitGo adds wallet and custody for SHIB, DOGE ...

NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency

The New York Department of Financial Services, or NYDFS, has released guidelines on how licensed crypto firms should handle customer assets should they face “insolvency or similar proceeding”. In a Ja...

FTX revival can delay because of long-broken user faith, observers noted 

Various crypto industry experts have shown doubt regarding FTX CEO John Ray’s target to possibly retrieve the crypto exchange, quoting trust issues and “second-class” treatment of clients as a consequ...

FTX reboot could falter due to long-broken user trust, say observers

Several crypto industry commentators have expressed skepticism about FTX CEO John Ray’s vision to potentially reboot the crypto exchange, citing trust issues and “second-class” treatment of customers ...

Sushi’s 2023 Vision: Elevating DEX and User Experience

Compared to Ethereum’s native token ether (ETH), which has increased 33% this year, SushiSwap (SUSHI), the native token of the SushiSwap decentralized exchange, has increased by roughly 36%. Over the ...

SBF said it was ‘okay’ that Alameda was borrowing FTX user funds

Weeks before the FTX collapse, a top executive raised concerns to founder and then CEO Sam Bankman-Fried (SBF) about Alameda’s significant debt to FTX, the New York Times (NYT) reported. The report ci...

Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case – Exchanges Bitcoin News

A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related complaint. A user, who introduced a lawsuit against the exchange b...

Roblox user numbers jumped nearly 20% last month

Roblox said its daily active-user total grew by 18% year-over-year to 61.5 million in December of last year, the company said in a statement. Increased user growth appears to have impacted revenues as...