Friday, May 17, 2024
Cynthia Lummis viewed Ether as a commodity in June, but the Merge led her to believe it might meet the standards. Gary Gensler has reiterated that most crypto assets, except for Bitcoin, are securities but agrees...
Binance accounts for 75% of all exchange volume, which is 8.5 times more than Coinbase. Binance is the most dominant exchange in terms of trading volume. It accounted for more than 50% of...
BlockFi has debts with more than 100,000 creditors, of which crypto exchange FTX is the second largest. Crypto lender BlockFi filed for bankruptcy Monday, caused by a "significant exposure" to the FTX stock...
The wETH Insolvency FUD (Fear, Uncertainty, and Doubt) apparently started circulating on November 26. An inside joke about Wrapped Ethereum (wETH) being “insolvent” over the weekend forced influencers to explain that it was...
In November 2021, Bitcoin was trading at around $67,000, while today it stands at $16,000, which translates into a 70% drop in one year. 2022 has been a difficult year for the world...
The whales transferred 74,405 BTC from cryptocurrency exchanges to unknown wallets and introduced 20,638 BTC to the market. Over the last week, those long-term holders decided not to move funds between marketplaces or between peers.
Nobody knows yet what will happen with the price of Bitcoin, but there remain almost six weeks until 2022 ends. Although it usually needs some time to recover after suffering a considerable drop, recent signs show...
The CEO of DCG defended Genesis in front of its shareholders, alleging that its liquidity problems do not affect its other business areas. The CEO of Digital Currency Group, Barry Silbert, revealed to...
Since there are an average of 297,229 monthly FTX users, the South Korean government has accelerated its regulatory framework. Meanwhile, the shutdown of Binance in Singapore brought the number of Singaporean investors on the exchange to...
The Cardano community has welcomed this development as it would help boost their DeFi ecosystem. Cardano will finally have its own fiat-backed stablecoin after one of its founding entities, EMURGO, announced that the...