PEPE has tanked more than 16% after the threshold of keys for its multisig wallet was reduced to 2/8, followed by outflow of PEPE tokens worth over $15 million to multiple centralized exchanges.
The stablecoins that makeup Curve’s 3pool have seen increased outflows since the hack. The demand for CRV continues to fall, putting downward pressure on price. In the aftermath of Curve’s reentrancy exploit of July 30, 3pool, one of the decentralized exchange’s (DEX) prominent liquidity pools, continue to experience capital flight,...
Cardano sharks and whales have continued to buy the token despite the fall in its price. Traders continue to sell heavily in intraday trading sessions. Following significant coin distribution between February 2021 and May 2022, Cardano [ADA] investors that hold over 100,000 ADA coins have again begun accumulating the crypto...
Solana’s TVL climbed by almost 15% in the last month. While user activity declined during the same period, the network saw growth in transaction fees and revenue. Solana registered a total value-locked (TVL) growth of 14% in the last month, while other leading chains suffered a decline, data from Messari...
During the intraday trading session on Sunday, BALD’s value rallied by 4,000,000$. Its market capitalization almost touched $100 million in a single day as trading intensified. However, as the project’s developers remove liquidity from the BALD/WETH liquidity pool, the meme coin’s value has plummeted. Coinbase’s Layer 2 platform Base experienced...
According to Messari’s new report, user activity climbed on BNB Chain in the year’s second quarter. Daily active address count went up by 26% as daily transactions also grew. However, due to the negative impact of SEC’s regulator activity against Binance, BNB experienced a decline. Within the 90-day period between...
Coinbase, KrakenPro, and Crypto dot com are some of the crypto exchanges that reopened trading for XRP after a partial ruling in Ripple’s favor. Winklevoss-founded platform Gemini also said it is mulling listing Ripple’s coin for spot and derivatives trading pairs. Judge Analisa Torres ruled that Ripple’s tokens sold on...
Summary: The investment provider will delist four cryptocurrencies for U.S. customers in response to the SEC’s lawsuits against Binance and Coinbase. Customers will not have the option to open new ALGO, MANA, DASH, and MATIC positions from July 12. Users can still hold and sell their positions until further notice....
Summary: The SEC’s claims that SOL, ADA, and MATIC are securities were met with stiff disagreement by the development foundation of each token. Following their statements last week, investors seemed to steady their feet as prices rebounded slightly on Monday. SOL, ADA, and MATIC market values initially dropped after the...
Summary: Tron (TRX) is now fully accessible on crypto’s largest altcoin network Ethereum, founder Justin Sun tweeted on Friday. The Tron blockchain is DeFi’s second biggest ecosystem with over $5.6 billion in total value locked and over 2.9 million active users, per DeFiLlama data. Tron’s native asset TRX jumped 2%...
