Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch
CZ took to Twitter on Nov. 8 sharing “two big lessons” that crypto companies should learn amid the downfall of crypto exchange FTX. Go to Source Powered by WPeMatico
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The market is hot, but Solana is not — Data explains why SOL price is lagging
SOL price has been in a 3 month downtrend, but recent newsflow and events could trigger a reversal. Go to Source Powered by WPeMatico
Biggest Movers: BNB Rallies to 5-Month High on Monday
Binance coin rose to a five-month high on Monday, as cryptocurrency prices continued to trade higher. The token rose to its highest point since mid-May, extending recent gains in the process. Avalanche was also in the green, climbing to a six-week high during today’s session. Binance Coin (BNB) Binance coin (BNB) rose to a five-month … Read more
While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week
During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record a Slight … Read more
2 key Ethereum price indicators point to traders opening long positions
Ether price is still at risk of falling below $1,000, but data points to traders opening fresh long positions. Go to Source Powered by WPeMatico
Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks
The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals and deposits on Wednesday in order to execute the upgrade. Not too … Read more
Bearish Correction for Cryptocurrencies Today after Binance Bridge Exploit, BTC Dips Below $20K, ETH Holds Above $1,300
Cryptocurrency markets are showing a slight bearish correction this Friday as the global crypto market valuation dipped by $20 billion from yesterday’s $960 billion to a current level of $946 billion. While Ethereum manages to hold support above the $1,300 level, Bitcoin dipped below $20k today, as trading volume is down significantly for both crypto … Read more
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s cross-chain bridge. The Bnb Smart Chain team detailed on … Read more
Transit Swap ‘hacker’ returns 70% of $23M in stolen funds
The funds returned so far has come in the form of Ether (ETH), Binance-pegged ETH and BNB ($14.2 million). Go to Source Powered by WPeMatico
9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year
274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the top crypto assets are … Read more