Categories Crypto News

$BEN $PSYOP launch New Token $LOYAL

Eth_Ben after $BEN and $PSYOP has announced the upcoming launch of a new token called LOYAL. This news has sparked significant interest and high expectations among crypto enthusiasts and investors alike and some are caution. PSYOP The introduction of LOYAL Token marks the initiation of what is now being referred Continue Reading

Categories Crypto News

The Sandbox CEO’s Twitter Account Hacked

Arthur Madrid, the co-founder and CEO of the renowned metaverse project, The Sandbox, fell victim to a malicious Twitter account hack on May 26. The incident came to light when Madrid posted a message confirming the breach and subsequent recovery. This article delves into the details of the attack, the Continue Reading

Categories Crypto News

Tornado Cash Attackers Return Governance Privileges

The hackers responsible for the Tornado Cash attack have decided to return governance privileges to the community. This decision comes after a previous proposal, submitted by the attackers themselves, was passed, allowing community members to regain control over the decentralized protocol. The attack, which resulted in the theft of approximately Continue Reading

Categories Altcoin

Litecoin’s Active Addresses Surpass 700,000

Litecoin, one of the leading cryptocurrencies, is making headlines once again as its active addresses surge past 700,000 within the last 24 hours. This spike in activity comes just in time for the Memorial Day weekend, marking a positive trend for Litecoin enthusiasts. Litecoin, often referred to as the silver Continue Reading

Categories Crypto News

Seaswap Sui Rug Pull Results in Loss of 32,787 $SUI

Seaswap Sui has fallen victim to a rug pull, resulting in the loss of 32,787 $SUI tokens. Beosin Alert, a reputable blockchain security firm, has brought this incident to light, warning investors about the potential risks associated with investing in such projects. This rug pull highlights the importance of conducting Continue Reading

Categories Crypto News

Ethereum Cancun Expansion: EIPs for Future Upgrade

Tim Beiko, a prominent figure in the Ethereum community, suggested that the future conversations surrounding the expansion of Ethereum Cancun should revolve around five specific Ethereum Improvement Proposals (EIPs). not These proposals, namely EIP 5920, 5656, 7069, 4788, and 2530, have captured Beiko’s attention for their potential to shape the Continue Reading

Categories Crypto News

SAMO Tokens Experience Volatile Fluctuations

SAMO tokens, a recently faced extreme volatility following the appearance of a SAMO NFT on a prominent Chinese state television program. The incident created a stir within the crypto community, with many speculating about its potential impact on the market The SAMO NFT feature gained attention when it was reposted Continue Reading

Categories Crypto News

Bitcoin Network with the First-Ever BRC20 Stablecoin

In the ever-evolving landscape of cryptocurrencies, new innovations continue to emerge. Recently, Stably, a reputable Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, made a groundbreaking announcement [1]. Stably has launched Stably USD (#USD), a stablecoin backed by the US Dollar, as a BRC20 token on the Bitcoin Continue Reading

Categories Crypto News

86k BTC and 695k ETH Options Set to Expire

Substantial number of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. With the expiry date just around the corner, traders and investors are closely monitoring the market dynamics, looking for potential opportunities and insights. According to recent reports, approximately 86,000 BTC options and 695,000 ETH options are nearing Continue Reading

Categories Crypto News

Fahrenheit LLC Acquires Celsius Network in Auction

Fahrenheit LLC, a prominent investment group, has successfully outbid competitors to acquire Celsius Network. The acquisition, finalized for a staggering $35 million per year, solidifies Fahrenheit LLC’s position as a key player in the crypto investment sector. The agreement encompasses the management of institutional loans, Celsius Network’s mining business, and Continue Reading

Categories Crypto News

Binance Temporarily Suspends Deposits for Bridged Tokens

Binance, one of the leading cryptocurrency exchanges, revealed that it would temporarily suspend deposits for several bridged tokens-network. The decision comes as Binance awaits clarity from the Multichain team, which cited force majeure as the reason behind the unavailability of certain cross-chain routes. The development has sparked speculation, as the Continue Reading

Categories Crypto News

Multichain Team Arrest Rumors: Future of Multichain

There have been swirling rumors about the Multichain team’s alleged arrest by the Chinese police. These unverified reports have already had a significant impact on the cryptocurrency market, causing a drastic 24% drop in the price of $MULTI today. Multichain, a vital cross-chain protocol facilitating asset transfers across different blockchains Continue Reading

Categories Crypto News

Binance to Delist Several Spot Trading Pairs

Binance, one of the leading cryptocurrency exchanges in the world, has revealed that it will be removing and ceasing trading on several spot trading pairs. This decision comes as part of Binance’s ongoing efforts to optimize its trading platform and streamline its offerings. Traders and investors are advised to take Continue Reading

Categories Crypto News

Bitcoin Price Analysis: Current Trends and Outlook

Bitcoin is currently trading at $27,185, with the Relative Strength Index (RSI) at 36.63, indicating a neutral zone. The Average Directional Index (ADX) stands at 25.62, suggesting a strong trend. Additionally, the Bollinger Bands are contracting, potentially signaling an upcoming breakout. Price TRO RSI Indicates a Neutral Zone The RSI, Continue Reading

Categories Crypto News

Major Asset Inflows to Exchanges Reach Cyclical Low

In recent reports, Glassnode, a leading blockchain data and intelligence provider, has highlighted a concerning trend in the cryptocurrency market. The influx of major assets into exchanges has reached a cyclical low of $1.65 billion, marking the lowest value since the primary Bull Market began. Tokens This decline in asset Continue Reading

Categories Crypto News

OKX Announces Listing of PulseChain $PLS

OKX, a leading cryptocurrency exchange, has announce the listing of PulseChain $PLS on its spot trading markets. PulseChain, a public blockchain project, aims to provide users with fast and cost-effective transactions. As a hard fork of Ethereum, PulseChain retains the complete history of Ethereum’s blockchain, including transactions, user accounts, and Continue Reading

Categories Crypto News

Upbit Resumes KAVA and WAVES Deposit Services

South Korea’s leading cryptocurrency exchange, Upbit, recently made an important announcement regarding the resumption of deposit services for KAVA and WAVES. This development comes after South Korean exchanges collectively removed their investment warnings on these two digital assets. Upbit users can now once again engage in deposit activities involving KAVA Continue Reading

Categories Crypto News

FTX CEO Reveals Ambitious Plans for FTX 2.0

In recent court documents, the ambitious plans of FTX CEO John Ray III for the highly anticipated FTX 2.0 have been brought to light. These documents offer a valuable glimpse into the CEO’s strategies and initiatives aimed at revitalizing and transforming the popular cryptocurrency exchange. With a visionary leadership style, Continue Reading

Categories Crypto Mining

Dash Network Temporarily Pauses Block Production

Dash Network has announced a temporary pause in block production following the activation of Dash Core’s v19. This decision has had a direct impact on Binance Pool, which has consequently suspended the distribution of DASH mining rewards until the network resumes block production S The temporary pause in block production Continue Reading