The Sewer Pass non-fungible token (NFT) collection, created by Yuga Labs, has seen a notable rise in sales volume over the past 24 hours. According to data provided by CryptoSlam, Sewer Pass sales are up by over 61% in the…
Stargate Foundation advised against reissuing STG token
Stargate Foundation has been advised against reissuing the STG token by its DAO due to concerns raised by FTX liquidators following the bankruptcy of FTX and Alameda Research’s wallets being hacked for roughly $500 million. (Read More)
Euler Finance suffers $197M DeFi hack
Decentralized finance (DeFi) protocol Euler Finance lost nearly $197 million in a flash loan attack on March 13, impacting more than 11 other DeFi protocols. The vulnerability remained on-chain for eight months despite a $1 million bug bounty in place. Euler Finance disabled the vulnerable etoken module and vulnerable donation function, and has reached out […]
FTX Continues to Move Funds Amid Ongoing Investigations
Addresses associated with FTX and its subsidiary, Alameda Research, have reportedly transferred $145 million in stablecoins to various platforms, as the cryptocurrency exchange faces demands to return funds to different groups of investors amid ongoing investigations and lawsuits. (Read More)
Cryptocurrency Firms Deny Exposure to Troubled US Banks
Major cryptocurrency firms, including Tether, Crypto.com, Gemini, BitMEX, and others, have denied exposure to dissolved U.S. banks like Silicon Valley Bank and Signature Bank. The firms have taken to social media to assure their users that their funds are safe and accessible despite ongoing issues in the U.S. banking system. (Read More)
Bitcoin Surges as US Inflation Rises
The price of Bitcoin surged over $26,000 as the US Department of Labor reported a 0.4% increase in the Consumer Price Index (CPI) for February 2023, with inflation rising by 6% over the last year. The cryptocurrency markets reacted positively to the news, with both Bitcoin and Ether experiencing price surges. (Read More)
Polygon Launches Web3 .polygon Domains with Unstoppable Domains
Polygon and Unstoppable Domains have partnered to offer the ability to create Web3 .polygon domain names, enabling users to log into Web3 applications, use human-readable wallet addresses, and create decentralized websites. The service will be available to an estimated 180 million users and 40,000 services across the Polygon blockchain ecosystem. Unstoppable Domains makes use of […]
is it time to sell Bitcoin? CNBC host says BTC is being manipulated up as it approaches $30,000
Jim Cramer, The host of CNBC’s Mad Money, believes that Bitcoin’s recent price surge is the result of continuous market manipulation. Cramer claims that Sam Bankman-Fried is engineering Bitcoin’s price pump, and proceeded to imply that holders sell their Bitcoins right into the current price rally. The past week has not been easy for cryptocurrency […]
OKX Ventures invests in Ethereum Layer 2 platform Scroll
OKX Ventures invests in Ethereum L2 Scroll OKX says the strategic investment is meant to support Ethereum scalability. Scroll is expected to go live on the Ethereum mainnet in four months’ time. OKX Ventures, the venture arm cryptocurrency exchange OKX, has announced a strategic investment in Scroll, a zkEVM-based zkRollup platform on Ethereum. A press […]
Ethereum (ETH), Fantom (FTM), and this low-cap altcoin to explode according to top analyst
Top analyst has used his Elliott Wave Theory analytics to predict a bullish upshoot for three key altcoins. These altcoins include Ethereum, Fantom and The Graph. The ongoing rally in the digital currency ecosystem might be giving early credence to the call from an analyst about the potential uptrend of Ethereum (ETH), Fantom (FTM), and […]