CRYPTO MARKET UPDATE

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Binance Removes Several Spot Trading Pairs

In a recent announcement, Binance, one of the world’s leading cryptocurrency exchanges, has revealed its decision to remove and cease trading on several spot trading pairs. Binance has also stated…
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How to Survive the Crypto Bear Market?

In the volatile world of #cryptocurrencies, experiencing a bear market is an inevitable part of the journey. A bear market refers to a prolonged period of declining prices and pessimistic…
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SturdyFinance On Ethereum Fall Victim To The Flash Loan Attack

SturdyFinance, built on the Ethereum blockchain, has encountered a devastating event—a flash loan attack. This malicious exploit has resulted in a substantial loss of 442 $ETH, amounting to approximately US…
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Trading Volume on Top Crypto Exchanges Plummets by Over 50% in 24 Hours

The cryptocurrency market has experienced a significant slowdown as trading volume on major exchanges declined by more than 50% within a 24-hour period. This sudden decrease in trading activity reflects…
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Binance and Coinbase Experience Significant Crypto Asset Outflows

There has been significant movement of assets on major cryptocurrency exchanges, particularly Binance and Coinbase. According to data from pro.nansen.ai/exchange-flows, Binance witnessed a net outflow of approximately $2.376 billion in…
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Bitcoin Dominance Surges to 50%, Altcoins Experience Plummet

Bitcoin’s market share has surged to nearly 50%, reaching a new high since April 2021. While altcoins experience a significant decline, Bitcoin continues to maintain relative stability. Bitcoin’s market share…
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Solana Community Divided over Proposed Fork to Address SEC Concerns

Following the recent classification of Solana (SOL) as a security by the Securities and Exchange Commission (SEC), there has been a growing debate within the Solana community about the possibility…
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Bitcoin Reserves on U.S. Crypto Exchanges Plummet to 2017 Levels

According to the CryptoQuant report, the decline in Bitcoin reserves on U.S. crypto exchanges can be attributed to the reluctance of these platforms to bear the potential risks associated with…
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Potential Phishing Exploits in the Blur’s Blend Protocol

The Blur’s Blend Protocol, has been gaining popularity in the crypto community, recently introduced two new EIP712 messages: LoanOffer and SellOffer. While these messages enhance the functionality of the protocol,…
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OECD Proposes New Tax Standards for Crypto Worldwide

In a significant move to regulate the rapidly expanding crypto-asset market, the Organisation for Economic Co-operation and Development (OECD) has proposed new tax standards that aim to enhance global tax…
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The Crypto Market Crash: Assessing the Fallout and Identifying Potential Winners

The cryptocurrency market recently experienced a significant crash triggered by the US Securities and Exchange Commission (SEC) filing lawsuits against major exchanges, Binance and Coinbase. These legal actions alleged illegal…
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Solana Foundation Disagrees with SEC SOL Classification as Security

The Solana Foundation has responded to the ongoing debate regarding the characterization of SOL, the native cryptocurrency of the Solana blockchain, as a security. The foundation strongly disagrees with this…
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Ethereum Developers Reach Consensus on Dencun Upgrade: Boosting Data Storage and Reducing Fees

Ethereum developers came to a unified agreement regarding the comprehensive Dencun upgrade, which encompasses five Ethereum Improvement Proposals (EIPs). EIP Understanding the Dencun Upgrade EIP-4844: Proto-Danksharding for Increased Data Storage…
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Ethereum’s L2 Supplier Fees: Arbitrum and Optimism Hit All-Time Highs

Ethereum has emerged as a prominent platform for decentralized applications (DApps) and smart contracts. As Ethereum’s popularity grows, so does the demand for Layer 2 (L2) scaling solutions to address…
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Allegations of Fraud Against Curve Founder

Venture firms have come forward to accuse the founder of Curve, of orchestrating an elaborate fraud scheme. The allegations leveled against the founder have sent shockwaves through the startup community,…
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Hong Kong Welcomes Global Crypto Exchanges for Compliance and Stock Listing

In a recent statement, Hong Kong legislator Jonny Ng extended an invitation to global cryptocurrency exchanges, including Coinbase, to apply for compliance exchanges in Hong Kong. Ng expressed his willingness…
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Coinbase CEO Brian Armstrong Optimistic about US Crypto Regulatory Policies Post-2024 Election

In a recent interview, Coinbase CEO Brian Armstrong expressed optimism about potential changes in US cryptocurrency regulatory policies following the 2024 U.S. election. Armstrong highlighted the Republican Party’s favorable stance…
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TUSD Pool Tilts as Users Opt for USDT-Based Stablecoins

In a recent development, the TUSD pool on Curve, boasting a Total Value Locked (TVL) of US$15.5 million, has witnessed a significant shift as users increasingly convert TUSD (TrueUSD) into…
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