Ethereum co-founder Vitalik Buterin has recently expressed concerns about the security of the over $40 billion worth of ETH that has been staked. Buterin, has limited his own stake in order to protect against potential theft or manipulation. In various interviews and discussions, Buterin has raised awareness about the vulnerabilities Continue Reading
Billion
Categories
Altcoin
Vitalik Buterin Challenges the Safety of Staked Ether
Categories
Crypto News
South Korean Exchange Upbit Fuels BCH Surge
South Korea’s largest cryptocurrency exchange, Upbit, has played a significant role in the recent surge of Bitcoin Cash (BCH). Over the past 24 hours, Upbit has recorded a staggering trading volume of more than $350 million for the BCH/KRW trading pair. This trading activity accounts for a remarkable 23.58% of Continue Reading
Categories
Crypto News
FTX Halts $500 Million Stake Sale in AI Startup
In a twist of unforeseen events, bankrupt cryptocurrency exchange FTX has abruptly ceased the sale of its massive$500 million stake in the artificial intelligence startup, Anthropic. This significant stake sale was intended as a measure to recompense, but has been terminated for reasons that are yet to be made public. Alameda Research Originally, Continue Reading
Categories
Crypto News
Bankrupt FTX Has Recover $7 Billion In Liquid Assets
FTX has made a remarkable recovery by claiming to regain over $7 billion in liquid assets. After filing for bankruptcy in November 2022, FTX found itself in a dire liquidity crisis that sent shockwaves across the crypto industry. FTX’s Bankruptcy – A Recap Tracing the Origin of the Exchange’s Collapse In November Continue Reading
Categories
BITCOIN
Valkyrie Applies for Bitcoin ETF Following SEC Denial
Valkyrie, a prominent asset manager overseeing a staggering $80 billion in assets, has recently submitted an application for a Bitcoin Exchange-Traded Fund (ETF). This move comes after the Securities and Exchange Commission (SEC) had previously denied the company’s proposal for a Bitcoin spot ETF in December 2021. Win In an Continue Reading
Categories
Crypto News
Binance Initiates Direct Swap of 1.25 Billion USDT-TRX
In a move aimed at ensuring stablecoin liquidity, Binance, one of the leading cryptocurrency exchanges, has announced a direct swap of 1.25 billion USDT-TRX for USDT-ETH with the Tether team. This strategic initiative comes in response to concerns over the recent de-pegging of USDT and aims to stabilize the value Continue Reading
Categories
Crypto News
Celsius Moves to Stake All Ethereum, Representing Over $1B
ARKHAM reported that, Celsius Network, is taking a significant step by staking all of its current Ethereum (ETH) holdings. In the last 24 hours alone, the company has staked more than $600 million worth of ETH, and the rate of deposits shows no signs of slowing down. Fund US When Continue Reading
Categories
Crypto News
FTX Founder Sam Bankman-Fried Charged with Bribery
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has been charged with bribery for allegedly paying $40 million to Chinese officials in order to reclaim $1 billion in frozen cryptocurrency. US The charges were announced by the U.S. Attorney’s Office for the Southern District of New York. The indictment Continue Reading
Categories
Crypto News
How $OXBT Went From Free Mint to ATH
If you are looking for a new way to invest in Bitcoin, you might want to check out $OXBT, a new type of token that is backed by Bitcoin and stored on the Bitcoin blockchain. it has skyrocketed in value in just two days. What is $OXBT? $OXBT is a 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
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
$PSYOP Smart Contract and Supply Cap of 550B
Supply Capping and Token Distribution The $PSYOP token operates with a supply cap of 550 billion tokens. This means that the total supply of $PSYOP tokens cannot be increased beyond this limit. It ensures that the token distribution remains predictable and prevents any inflationary concerns. Notably, a significant portion of Continue Reading
Categories
Crypto News
Tether Reduces Bank Deposits and Adds Gold and Bitcoin
In a significant move to reduce its exposure to potential bank failures, Tether, the popular stablecoin issuer, has taken measures to minimize its bank deposits while expanding its asset reserves. Tether has recently reported a substantial decrease in its bank deposits from $5.3 billion to $481 million during the first Continue Reading
Categories
Crypto News
ETH Staking Rate Reaches Historical High
In recent news, Token Unlock has reported that the current annualized rate of return for staking Ethereum ($ETH) is at a historical high of 8.6%. This is a result of the successful implementation of the Shanghai upgrade, which has seen a significant increase in the amount of $ETH deposited into Continue Reading
Categories
Trading
NEAR Coin Price Technical Analysis: Is It Time to Buy?
The price of NEAR is currently trading at $1.65, up 2.02% on the day. The 24-hour trading volume is $48,330,755. The market capitalization is $6.6 billion The NEAR price has been in a downtrend since reaching an all-time high of $20.44 in November 2021. The price has broken below the Continue Reading
Categories
Memecoin
Milady Meme Coin (LADYS) Surges After Elon Musk’s Tweet
Milady Meme Coin (LADYS) Surges After Elon Musk’s Tweet The cryptocurrency market has been buzzing with the news of Milady Meme Coin (LADYS), a brand new token that has taken the crypto world by storm. The coin has witnessed a meteoric rise of 12,056% in its highly anticipated debut, reaching $0.0000001341. The Continue Reading
Categories
Crypto News
Do Kwon Released Into House Arrest in Montenegro
The founder of the Terra cryptocurrency project, Do Kwon, has been released into house arrest in Montenegro. Kwon was arrested in March on charges of forgery and using a fake passport. He was released on bail of €400,000 ($435,000). cryptocurrency market PoS Kwon is facing charges in South Korea as Continue Reading
Categories
Crypto News
Tether $700 million profit for the first quarter of 2023
Tether, the world’s leading stablecoin issuer, has reported a remarkable $700 million profit for the first quarter of 2023. This impressive figure matches the company’s profits from the last quarter of 2022. The Hong Kong-based firm has used these earnings to boost its reserves, addressing long-standing concerns about its token’s backing. Continue Reading