Roughly six weeks after Base, the layer-2 scaling solution backed by Coinbase, was launched, its bridge is now the seventh most active, looking at transaction count. DeFiLlama data on September 21 reveals that the Ethereum-Base bridge had posted 2090 transactions. This is more than those registered by the Ethereum—Arbitrum and Polygon zkEVM bridges, which had 1,642 and […]
Binance reportedly said that they were doing a wallet aggregation process to ensure the safety of user funds.
Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), told Bloomberg on Sept. 20 that a government shutdown could hinder his agency. Other reports indicate that the U.S. government could shut down on Oct. 1 as members may not pass the bills needed to fund operations before the next fiscal year. Gensler commented […]
Bitcoin price gains strength ahead of the FOMC with investors betting on an interest rate freeze.
Crypto exchanges HTX (formerly Huobi) and OKX have seen their traffic surging 200% and 185% YTD, respectively.
According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using digital currency was estimated to be worth $4 billion last year.
Ethereum’s Holesky testnet launch fails, CoinEx writes open letter to hackers, Sam Bankman-Fried’s court drama, and more.
Analytics firm IntoTheBlock says that major Ethereum (ETH) layer-2 (L2) protocols are evolving and finding their respective niche. IntoTheBlock says that Ethereum-scaling solutions Base, Arbitrum (ARB) and Optimism (OP) are carving out their own paths and creating a “robust and diverse ecosystem.” Looking at Base first, the analytics firm says that Coinbase’s new layer-2 protocol […]
Lighting Network helps Bitcoin solve its scalability problem and compete against newer cryptocurrency projects that promised comparatively faster and cheaper transactions.
Binance said it will issue a series of airdrops worth up to $100 in BNB to users located in Morocco’s highly impacted Marrakech region.
Ethereum price is up today, recovering entirely from yesterday’s selloff amid waning FTX liquidation concerns.
Court documents reveal that the bankrupt crypto exchange FTX is still holding over $3 billion in assets as August 31. As shared on the social media platform X by crypto reporter Colin Wu, on August 31, 2023, FTX was still holding almost $2 billion in Solana (SOL), Bitcoin (BTC), and Ethereum (ETH) alone. “As of August […]
Binance Holdings, it’s U.S. counterpart and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the SEC.
Possible capital flight from China is an important trend to watch, according to controversial BitMEX founder and crypto veteran Arthur Hayes. Google Finance data indicates the Chinese yuan (CNY) has fallen by more than 5% against the US dollar since the beginning of 2023. Hayes tells his 394,100 followers on the social media platform X […]
Pancakeswap now allows users to purchase crypto with debit card, Google Pay, Apple Pay, and other methods through Transak.
A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA.
Bitcoin (BTC) held by leading crypto exchanges like Coinbase, Binance, and Kraken are near a six-year low, CryptoQuant data on September 20 reveals. The contraction was recorded when the broader market steadied after posting sharp losses in the better part of August and the first half of September. As of September 20, BTC prices are still below $30,000, but with important sideways movement over the past few weeks. Bitcoin Reserves On Exchanges Falling According to trackers, exchanges […]
The regulator alleged that Bit Trade — the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers.
XRP, SOL, and LTC have been the most traded alternative coins on US-based crypto exchanges since the start of 2023.
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds which led to the exchange being forced to hike withdrawal fees to battle a liquidity crisis.
The Lazarus Group has mastered the art of stealing crypto investors’ assets. Here are a few tips on how investors can protect their portfolios.
NRL player Trevor Lawrence and YouTubers Kevin Paffrath and Tom Nash have reportedly opted to settle with investors who alleged they were misled by their FTX promotions.
The crypto market is up in the last 24 hours, driven by expectations of Fed dovishness and easing concerns over FTX.
Binance’s Ethereum layer-2 scaling platform, opBNB, is now publicly available, following extensive testing of the OP Stack-based platform.
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