A recent announcement from Upbit, a prominent cryptocurrency exchange, has sent shockwaves through the crypto community, especially amid reports of Solana facing a network outage. Meanwhile, the temporary suspension of deposits and withdrawals for SOL, GMT, RAY, and ACS tokens, attributed to issues on the Solana network, has disrupted trading activities. In addition, this unexpected […]

The world’s largest crypto exchange Binance has again topped world’s leading derivatives marketplace Chicago Mercantile Exchange (CME) in Bitcoin futures after months. The outflow from GBTC drops continuously, and so do other spot Bitcoin ETFs, including BlackRock and Fidelity. Binance Surpasses CME in Bitcoin Futures Open Interest Bitcoin Futures open interest (OI) on Binance has […]

The chief executive officer (CEO) of Bitsonic, a major South Korean virtual currency exchange, has been sentenced to seven years in prison for his involvement in a fraudulent scheme totaling approximately 10 billion won. The verdict, handed down by the Seoul Eastern District Court, comes after a trial where the CEO and his vice president […]

Binance, the world’s leading crypto exchange, has announced the delisting of four digital currencies, including Monero (XMR), Multichain (MULTI), Vai (VAI), and Aragon (ANT). The decision to remove these tokens from the platform comes as part of Binance’s periodic review process. According to the latest announcement, the delisting process is scheduled to take effect on […]

The total value locked (TVL) on Ethereum’s Eigenlayer protocol has skyrocketed to an unprecedented $3.5 billion, marking a significant milestone for the platform. This surge in TVL represents a remarkable 70% increase over the past week alone. The surge can be attributed to two primary factors: the reopening of deposits on the Eigenlayer platform and […]

In the rapidly evolving world of cryptocurrencies, finding a secure and reliable bank to safeguard your digital assets is paramount. With the surge in digital currency adoption in recent days, traditional banks and financial institutions are increasingly accommodating crypto transactions and holdings. However, not all banks are functioning equally when it comes to crypto-friendliness and […]

In a strategic move to bolster its offerings and cater to the evolving demands of crypto traders, Binance has announced the launch of the USDC-margined SUI Perpetual Contract. Meanwhile, this initiative, set to commence on February 8th, 2024, comes with a promise of up to 50x leverage, offering users expanded opportunities within the SUI crypto […]

Dogecoin (DOGE), the largest meme coins by market cap, has lost 26% from the high attained in 2023. However, the meme coin is observing a significant surge in wallet adoption. This could be a catalyst in propelling the DOGE price toward a strong rebound in the near future. Increase In Dogecoin Wallet Adoption In just […]

In a thrilling twist of events, FTX, a fallen crypto exchange, and its backstop liquidity provider Alameda, recently shifted staggering amounts of 8 digital assets to CEXs Coinbase, Binance, and FalconX. As per insights offered by SpotOnChain, these assets encompassed $3.2 million worth of ETH, ALPHA, POWR, SNT, OXT, RLC, NMR, and NEXO, shifted to […]

The cryptocurrency market is experiencing remarkable trends, with multiple projects conveying strong bullish signs for promising returns in February 2024. However, the top ones among them are Stacks (STX), Sei (SEI), Celestia (TIA), Sui (SUI), Manta Network (MANTA), Dogwifhat (WIF), Avalanche (AVAX), and Dogecoin (DOGE) based on the developments that are yet to be seen […]