Curve 3pool Sees Increased Outflows Since hack 13
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 14
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...
BTC Bulls Are Back? On-chain Indicators Point to Short-Term Rally 15
BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching...
BNB Chain User Activity Soars in Q2, Despite SEC Regulatory Pressure 16
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...
$FTT's Performance 24 hours Following CZ's revelation 18
Summary: Yesterday, Binance CEO Changpeng Zhao revealed that the exchange intends to liquidate its FTT holdings. Putting the solvency of FTX in doubt, sellers have rampaged the FTT market in the last 24 hours. Daily trading volume was at a six-month high without a corresponding price growth. Following Binance CEO...
Uniswap Becomes First DEX Integrated by Coinmarketcap for Token Swaps 20
CoinmarketCap has launched a new token swap feature Uniswap will be the first decentralized exchange integrated by CoinmarketCap for token swaps on Ethereum Wallets supported by Uniswap will be available for users of the Coinmarketcap Tokens Swaps CoinmarketCap aims at having token swaps for every blockchain network and token The...
Filecoin Sets New ATH of $222 as Grayscale Buys $6.3M FIL in 24 Hrs 22
In brief: Filecoin (FIL) has set a new all-time high of  $222.69 -Binance rate Filecoin is now ranked 9th on Coinmarketcap after edging out Litecoin Filecoin is in overbought territory and a retracement to $200 or lower look plausible However, institutional interest through Grayscale could send it higher Yesterday, Grayscale...
Binance Removes from Circulation BNB Worth $68M in Latest Coin Burn 26
Quick take: CZ and the team at Binance, have carried out the 13th quarterly BNB coin burn 2,253,888 BNB worth $68 Million has forever been removed from circulation According to the project’s whitepaper, the token burns will continue until only 100 million out of the initial 200 million BNB are...
BNB Fumbles at $33, Binance Get Sued and More News from the Exchange 28
Quick summary: Binance Coin (BNB) has corrected to the $28 level after a local peak of $33.38 The pullback happened immediately CZ tweeted about the new peak value Bella Protocol (BEL) trading commences today Binance has canceled the listing of BTT/USDT perpetual contract The exchange has listed SWRV, LTCUP, LTCDOWN...