Binance Chain’s daily transactions recorded a year-to-date growth of 229%. The network’s NFT trading volume declined sharply in February. Binance Chain [BNB] recorded a big jump in its daily transaction volume over the week, rising from 3.5 million to over 5 million at the time of writing. While this amounted to a nearly 47% rise, […]

Djed became Cardano’s fourth-biggest project.  The development team was working towards an increase in adoption with the option to borrow and use the stablecoin as collateral. Cardano’s [ADA] stablecoin Djed which launched on 31 January, has surpassed many projects in the ecosystem to become the fourth largest. Created by the blockchain’s development group Input Output […]

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]

Silvergate Bank has been ordered to return $9.85 million to BlockFi as part of the latter firm’s ongoing bankruptcy proceedings, according to a March 3 filing. That court filing says BlockFi and Silvergate entered an agreement in August 2020 where Silvergate acted as a depository institution to handle certain ACH transactions. In November 2021, BlockFi […]

The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers.

Tether has denied reports on March 3 suggesting that it was involved in external attempts to obtain bank accounts through falsified documents. WSJ claims Tether exec signed false documents On March 3, the Wall Street Journal claimed that “Tether Holdings and [a] related crypto broker obscured identities” as evidenced by documents it has obtained. That […]

Senator Edward Markey and Representative Jared Huffman want miners to disclose emissions data and the EPA to lead an investigation of their impact.

Bitcoin’s latest pullback triggers heavy liquidation of leveraged long positions. According to the delta cap metric, Bitcoin’s macro bottom was looming. Bitcoin [BTC] has finally given in to capitulation after struggling to bounce off from support in the $23,000 range. A closer look at the dynamics of its latest bearish outcome revealed that long liquidations may […]

Despite having its first build approved in October, Uniswap Labs is facing issues with Apple’s App Store regarding its mobile wallet.

According to Mike McGlone, a senior commodities strategist at Bloomberg Intelligence, it may be premature to declare the bear market for cryptocurrencies over.