FTX Debtors filed an amended Chapter 11 reorganization plan on Dec. 16 that will potentially lead to millions of dollars worth of losses for the defunct crypto exchange’s creditors. The plan proposes valuing the creditors’ claims at crypto prices on Nov. 11, 2022, the day FTX filed its bankruptcy petition. In the days leading up […]
Is AVAX in the throes of a trend reversal?
Avalanche’s daily active addresses and TVL rose sharply in the last month. AVAX was up by 30% in the last seven days, but indicators turned bearish. Avalanche [AVAX] registered a massive spike in its generated fees in the recent past, reflecting high usage. Though this might look to be a positive sign only for the […]
Looking Back at Crypto’s 2023 Mistletoe Moments
From regulatory jingles to the crypto market’s Christmas miracles, let’s take a look back at this year’s top moments. Continue reading at DailyCoin.
Mimo – Building the Kuma and Parallel Protocols
Why you should listen Kuma is a DeFi protocol that provides tokenized real-world assets in various forms. The Parallel protocol is a lending platform for overcollateralized stablecoin loans. It allows users to mint price-stable tokens backed by various currencies after depositing collateral. Claude explains that Kuma aims to provide sustainable returns within the crypto world […]
Aurory’s USDC pool drained on Arbitrum’s DEX Camelot
According to initial reports and on-chain data, the attack targeted Aurory’s SyncSpace bridge, draining nearly 80% of the AURY-USDC pool’s liquidity.
Bitcoin About To Take Center Stage Again After BTC Holds $40,000, According to Analyst – Here’s His Outlook
An analyst who continues to build a following with timely Bitcoin (BTC) calls believes that the crypto king is gearing up for a fresh move to the upside. Pseudonymous analyst Credible Crypto tells his 360,200 followers on the social media platform X that Bitcoin is in a position to skyrocket as long as it trades […]
Is Crypto Security? XRP Architect Offers Definitive Answer, and It Is Not What You Think
XRP architect David Schwartz questions SEC’s approach to cryptocurrency securities, drawing intriguing parallels between tokens and traditional art
Decentralized Exchanges Bounce Back: $29 Billion Traded in November
The recent surge in cryptocurrency markets over the last month seems to have spilled over into the realm of decentralized finance (DeFi). The trading volume on decentralized exchanges (DEX) has traditionally been considerably lower than that of centralized exchanges (CEX). However, the recent market rally has led to increased activity, albeit at a somewhat slower […]
Flooring Protocol allegedly hacked for NFTs worth $1.5m
Three dozen Pudgy Penguins and 15 Bored Ape NFTs worth 690 Ether (ETH) or approximately $1.54 million were reportedly stolen.
Hot December Picks: 3 Rising Altcoins Post-Bitcoin Rally
The cryptocurrency market is buzzing with excitement, especially after Bitcoin’s recent rally. While the flagship cryptocurrency has been stealing the spotlight, let’s shift our focus to three rising altcoins that are making waves in the crypto space this December. Among them, Galaxy Fox stands out as a promising and best upcoming ICO that’s capturing the […]