Ethereum’s volume on centralized exchanges has dropped to its lowest level in five years, according to Glassnode data. According to the data, there are only 17.882 million ETH on centralized exchanges, around 14% of the […]
The Maker Decentralized Autonomous Organization (MakerDao) has proposed raising interest rates on its DAI stablecoin. Under the proposal, the DAI Savings Rate (DSR) will rise from 1% to 3.3%. If the proposal passes, its consequences […]
A maximal extractable value (MEV) sniping bot malfunctioned a few hours ago, resulting in the loss of more than $400,000 for users who sent funds to it. Blockchain analytics firm Arkham Intelligence reported that several users of an […]
Multi has lost around half its value since Wednesday. The crash follows major network delays and rumors that members of the Multichain team have been arrested. To mitigate risks, major players across the crypto space […]
A Shiba Inu Whale has moved 499.6 billion SHIB worth 4.24 million USD to the Hotbit crypto exchange. After seven and a half months of laying dormant, the whale woke up to clear out SHIB […]
Stablecoins’ total market cap is down significantly, with a decline of more than $50 billion over the past 14 months. According to Defillama, the stablecoin market cap is currently at $129 billion, down from over $186 […]
The world of meme coins is witnessing a seismic shift, as trading volume has declined by 25% in recent weeks. Meme coin lovers appear to be liquidating their holdings, with previously successful tokens like Pepe […]
The Cryptocurrency exchange Gemini is attempting to get a lawsuit against it dismissed. In a submission to the New York court where it is being sued by the Securities and Exchange Commission (SEC), Gemini has […]
Crypto news: We bring you a roundup of what’s been happening in crypto this week. And this week, it’s all about the U.S. Securities and Exchange Commission (SEC). Again. SEC Maintains Popular Cryptos are Securities […]
In a speech to the Investment Company Institute, SEC Chairman Gary Gensler emphasized the need for stronger financial regulations to prevent risks and protect investors. He alluded to historical events and stressed the importance of […]
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