A recent report by Kaiko has revealed that the liquidity for privacy tokens has plummeted to an all-time low of just $5 million. This sharp decline can be attributed to the delisting of several trading pairs by OKX due to not meeting certain criteria. Among the tokens most affected by regulatory pressures are Monero (XMR)
Crypto
Bitcoin’s recent downturn from $45,400 to $40,400 may have caused panic among some investors, but it also triggered a noteworthy trend in the market. Analysis by IntoTheBlock reveals that Bitcoin holders with more than 1% of the total supply increased their accumulation during the price dip. Over the past week, these large holders accumulated over
Trust and transparency are crucial in the world of cryptocurrency exchanges. With several prominent exchanges experiencing bankruptcy and mishandling customer assets, users are rightfully concerned about the safety of their funds. Binance, one of the leading exchanges in the industry, has taken significant steps to address these concerns. In its latest Proof-of-Reserves (PoR) report, Binance
Over the past year, while Bitcoin’s value has soared to new heights, the number of kiosks offering cryptocurrencies through cash or debit cards has seen a significant decline. According to Coin ATM Radar, the total count of crypto ATMs worldwide has dropped from 37,827 on January 1, 2023, to 33,628 on January 1, 2024, marking
Cryptocurrency security incidents have been a significant concern in recent years, posing threats to both investors and the reputation of the crypto industry. However, CertiK’s latest report provides some positive news, revealing a noteworthy decline in these incidents in 2023. This article will analyze the report’s findings and shed light on the key factors contributing
Bitcoin ETF applicant VanEck has made a remarkable commitment to donate 5% of its fund’s profits to Bitcoin Core developers if and when its application is approved by the U.S. Securities and Exchange Commission (SEC). This pledge could potentially serve as a major lifeline for the developers of the world’s pioneering cryptocurrency network, who often
In January of 2023, the popular YouTuber CoffeeZilla released a three-part exposé on Logan Paul’s CryptoZoo project. The concept behind the game involved purchasing egg NFTs, which would hatch and allow players to interact with and breed digital animals. However, the project faced severe backlash as social media accounts associated with the platform went silent,
Binance, one of the world’s largest cryptocurrency exchanges, has been making headlines recently due to the rise of its co-founder, Yi He. As reported by the Wall Street Journal (WSJ), Yi He holds at least a 10% share in Binance’s Cayman Islands holding company, giving her significant influence over the marketing and investment sectors of
The decentralized finance (DeFi) space has been the target of several high-profile exploits recently, highlighting the need for robust security measures. One of the latest victims is Gamma Strategies, a DeFi protocol built on the Ethereum blockchain. This article will delve into the details of the exploit, the response from Gamma Strategies, and the lessons
Cross-chain lending protocol Radiant Capital recently fell victim to a devastating hack, resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million. This incident has sent shockwaves through the decentralized finance (DeFi) community, raising concerns about the security of such protocols. The hack occurred just six seconds after the activation of a new