The reserve ratio of Djed, an algorithmic stablecoin designed for the Cardano ecosystem by Input Output Global (IOG), has fallen to 300%, real-time data on June 11 shows. The drop is amid dumping cardano (ADA) prices. Djed reserve ratio drops to 300% Djed is...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US SEC sued Binance and its CEO Changpeng Zhao (CZ) for violating the securities law. Consequently, bitcoin (BTC) dropped by over 3% as the marketwide bearish FUD rose....
Bitcoin’s (BTC) mean transaction volume has surged to a high of 2.051 BTC, its highest value in the past month. This notable increase in transaction volume coincides with the recent dip in bitcoin’s price, as the asset recently plummeted below the $27,000 mark. ...
A hacker who recently took over the cryptocurrency mixer Tornado Cash has given up control while still using the protocol to launder the digital tokens stolen in the attack. Hacker uses Tornado Cash to wash stolen tokens In the incident, the attacker obtained...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As the crypto market started to fall earlier this month, the second largest meme coin, shiba inu (SHIB), registered consecutive losses for nearly a month — recording price drops...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto market has been tumbling for the past three weeks, with a roughly $145 billion fall in its global market capitalization. Shiba Inu (SHIB), the second-largest meme coin,...
Bitcoin miners are holding onto their coins and accumulating, despite recent price drops, records on May 12 shows. Their decision to hang on has been described by one observer as “one of the most sincere displays of conviction in the asset”. Bitcoin miners...
The r/wallstreetbets meme coin, WSB Coin (WSB), has lost more than 85% of its value. One of the key people behind the project may have sold off many of the tokens intended for the team. A member of the WSB community named Ice...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global decentralized finance (DeFi) total value locked (TVL) has dropped to a 5-week low. The downward movement started amid the fall of the total cryptocurrency market capitalization from...
The price of ethereum (ETH), the second-largest cryptocurrency, is plummeting days after the highly anticipated Shanghai upgrade. Although the trading and cryptocurrency community eagerly awaited the update, prices are moving lower and below the $2,000 level even after the update enhanced the network’s...