Curve 3pool Sees Increased Outflows Since hack 15
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 Whales Steadily Accumulating $ADA Despite Price Drop 16
Cardano sharks and whales have continued to buy the token despite the fall in its price. Traders continue to sell heavily in intraday trading sessions. Following significant coin distribution between February 2021 and May 2022, Cardano [ADA] investors that hold over 100,000 ADA coins have again begun accumulating the crypto...
BALD: A tale of the meme coin's 24 hours period of glory 18
During the intraday trading session on Sunday, BALD’s value rallied by 4,000,000$. 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...
BNB Chain User Activity Soars in Q2, Despite SEC Regulatory Pressure 19
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...
SEC
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....
TRX
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%...