Quarter Billion SHIB Destroyed, 191 Million SHIB Burned in One Go

Staggering amount of Shiba Inu coins removed from circulation since last morning

Regulators Are ‘Hurting Their Own Country’ in Seeking Encryption Backdoors: Nym CEO

Harry Halpin said the UK’s mandate will drive people who require privacy to leave the country.

This Week in Coins: Slow News is Good News for Bitcoin and Ethereum

Prices of leading cryptocurrencies stayed stable over the last seven days. Market leader Bitcoin (BTC) held the fort at $26,569, more or less exactly the same price as last week, while Ethereum (ETH) dropped a slight 2.8% to trade for $1,592. Created with Highcharts 10.3.328. Aug4. Sep11. Sep18. Sep$24500$25000$25500$26000$26500$27000$27500$28000$28500 .st0{fill:#4C4C4C;} .st1{fill:#8DC63F;} .st2{fill:#FFFFFF;} .st3{fill:#8BC53F;} .st4{fill:#009345;} .st5{fill:#58595B;} […]

Can Polygon’s network activity save MATIC from the bears? 

Polygon’s daily active users and daily transactions both rise by nearly 10% over the last seven days. However, MATIC’s price chart remains in the red. 

Base L2 Breaks Above $500 Million TVL 6 Weeks After Mainnet Launch

Base, second-layer scaling solution for Ethereum (ETH) curated by leading US exchange Coinbase, surpassed Solana (SOL) by TVL

This Week in Coins: Slow News is Good News for Bitcoin and Ethereum

Also, no rate hike from the Federal Reserves may stem risk-averse crypto outflows.

Distressed Debt Investors Pounce on $250,000,000 Worth of Bankrupt Crypto Exchange FTX’s Claims: Report

Distressed debt investors are reportedly gobbling up hundreds of millions of dollars worth of bankrupt crypto exchange FTX’s claims. According to a new Bloomberg report, an analysis of their records indicates that investment firms such as Silver Point Capital, Diameter Capital Partners, Attestor Capital, Hudson Bay Capital Management and others have bought $250 million worth […]

Terra Classic Suspends USTC Minting, Triggers LUNC Price Rise

The vast majority of Terra Classic members vote to put an end to $USTC minting. Continue reading at DailyCoin.

Coinbase Surpasses Satoshi Nakamoto As The Biggest Bitcoin Owner: Arkham Intel

Coinbase, the­ largest US-based cryptocurrency e­xchange, holds an astounding 1 million Bitcoins (BTC) in its reserve­s, according to a rece­nt report from Arkham Intel, a prominent blockchain inte­lligence platform. Coinbase is now the biggest Bitcoin owner in the world, surpassing even Satoshi Nakamoto, the enigmatic creator of Bitcoin.  By utilizing its proprietary algorithm, Arkham Intel […]

Bybit Suspends Services in the UK in Response to Pending FCA Rules

Dubai-based cryptocurrency exchange Bybit has made the decision to suspend its services in the United Kingdom, responding to impending regulations from the country’s Financial Conduct Authority (FCA). In an announcement made on September 22, Bybit outlined its plan to gradually wind down operations in the UK. Starting on October 1, Bybit will no longer accept […]