CRYPTO MARKET UPDATE

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Maker $MKR Surges Over 40% in 7 Days on Protocol Expansion

MKR has experienced an impressive surge of over 40% in the past seven days. This significant increase in value can be attributed to several factors, including the introduction of the…
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Binance Announces Retirement of Selected Deposit Addresses and Memos in Upcoming Network Migration

In an effort to provide enhanced efficiency and improved fund security for its users, Binance, one of the leading cryptocurrency exchanges, has been diligently upgrading its wallet infrastructure. As part…
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Fantom Network Introduces $USDC, $USDT, $WETH, and $WBTC on top of LayerZero

In an exciting development for the Fantom network, the introduction of four prominent tokens, $USDC, $USDT, $WETH, and $WBTC, built on top of LayerZero, has been announced. Community WETH The…

MetaMask Introduces Improved User Experience with Update

MetaMask, the popular cryptocurrency wallet extension, has recently announced the release of its v10.33 update, introducing several significant improvements to enhance the user experience. With these changes, MetaMask aims to…
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BlackRock CEO Larryink Designates Bitcoin as an ‘International Asset’

In a dramatic shift from his previous stance, Larry Fink, CEO of BlackRock, recently sang a bullish tune concerning Bitcoin and has given it the label of an “international asset.”…
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Bitcoin Exchange Balances Hit Lowest Level since March 2018

Glassnode reported a significant decline in the number of Bitcoin held on cryptocurrency exchanges. The exchange balance has reached its lowest level since March 2018, with only 2.26 million BTC…
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DeFi Protocols Reduce Losses to Hacks by 58% in Q2 2023

Certik reported DeFi protocols’ losses to hacks and cybersecurity breaches have shown a significant decrease by 58% in the second quarter of 2023. This exciting development points out that the…
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Bittrex Global Supports Flare Airdrop with Launch of $FLR

Bittrex Global, a leading cryptocurrency exchange platform, has announced its support for the Flare airdrop following the launch of $FLR on its platform. This development brings exciting opportunities for eligible…
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U.K. Passes Economic Crime Bill to Seize and Freeze Crypto Used for Crime

The U.K.’s Economic Crime and Corporate Transparency Bill has successfully passed Parliament’s upper chamber, the House of Lords, marking a significant step forward in the country’s efforts to combat economic…
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India’s Push for Cross-Border CBDC Payments

The Reserve Bank of India (RBI) is actively engaging with 18 countries to enable cross-border payments using its central bank digital currency (CBDC), the digital rupee. The primary goal is…
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South Africa Implements Licensing Requirement for Cryptocurrency Exchange

In a move aimed at regulating the rapidly growing cryptocurrency market, South Africa has announced that cryptocurrency trading platforms operating in the country will be required to obtain licenses by…
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Bitcoin Options Contracts Gain Momentum

In the ever-evolving landscape of cryptocurrency, Bitcoin continues to dominate the market. As the demand for Bitcoin and its associated investment vehicles grows, Bitcoin Options Contracts have emerged as an…

Multichain-Bridged Tokens Deposits and Withdrawals Suspended on Binance

Binance, one of the leading cryptocurrency exchanges, revealed that it would be suspending support for deposits and withdrawals of certain Multichain-bridged tokens. This decision comes as a result of the…
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Elon Musk Advocates for Dogecoin on his Groundbreaking ‘Everything App’ X”

Elon Musk, the eccentric billionaire and founder of Tesla, is reportedly seeking to integrate Dogecoin as the default currency on his forthcoming innovative platform ‘X’. This move is potentially game-changing,…
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Largest NFT Liquidation in History: Over 1,200 NFTs Sold Amidst Market Decline

In a significant development for the Non-Fungible Token (NFT) market, SnowGenesis, has reported the largest liquidation of NFTs in history. Over the past three days, more than 1,200 NFTs have…

Luminex Launches BRC-69 Ordinal Collection Standard

Luminex, the leading launchpad platform, has unveiled its latest creation: the BRC-69 ordinal collection standard. This revolutionary advancement aims to drastically reduce the costs associated with inscriptions for Ordinals collections…
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Gemini Threatens Lawsuit Against DCG and Barry Over Defaulted Payment

Gemini, the popular cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has taken a bold stance against Digital Currency Group (DCG) and its CEO, Barry. In an open letter issued…
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Major Asset Manager BlackRock Resubmits Bitcoin ETF Filing 

In a recent development, global asset management firm BlackRock has resubmitted its application for a spot Bitcoin exchange-traded fund (ETF) on June 29. Notably, the company’s latest filing includes Coinbase,…
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