A hacker known as “Pink Drainer” has discovered a method to enable private sales on Blur, a platform that typically does not offer this feature. This revelation, first shared by Twitter user Quit, has the potential to alter the dynamics of the NFT...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A collective of dogecoin investors has moved to modify their ongoing class-action lawsuit against Twitter’s outgoing CEO, Elon Musk. The amendment accuses Musk of manipulating the meme cryptocurrency’s market...
Tether (USDT), the stablecoin pegged to the U.S. dollar, has reached an all-time high (ATH) market capitalization exceeding $83 billion, demonstrating its continued market dominance. This new ATH market cap for USDT comes at a time when other stablecoin issuers are facing significant...
The crypto market experienced a month of widespread corrections, adjustments, slow NFT marketplace activities, and more, in the month of May, according to on-chain data released by The Block. A bearish May In a recent tweet, Lars H., the research director at The...
Non-custodial wallet-as-a-service provider, Magic, has secured $52 million in funding in a recent funding round, despite challenging bear market conditions. The funding, led by PayPal Ventures and joined by Cherubic, Synchrony, KX, Northzone, and Volt Capital, will support Magic’s efforts to expand its...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has reportedly begun laying off employees. The news was first reported by Wu Blockchain on Twitter, who cited multiple sources confirming the layoffs. Binance, which employs approximately 8,000...
Centralized exchanges (CEXs) and decentralized exchanges (DEXs) have observed a tremendous surge in their respective trading volumes in the past 24 hours. This trend suggests a renewal of investor interest despite a generally bearish market. Per data from price-tracking resource CoinMarketCap, the top...
The 2023 fiscal year has been an exceptional one for Grayscale Investments, despite the ongoing bear market in the world of cryptocurrencies. The Block data shows that the financial juggernaut’s two major products, the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust...
In a recent interview with the cryptocurrency-focused YouTube channel, “Show Me The Crypto”, renowned cryptocurrency pioneer and entrepreneur Roger Ver shared his views on the importance of decentralized peer-to-peer electronic cash systems such as bitcoin (BTC). Ver criticized centralized systems and highlighted the...
Cryptocurrency exchange platform Huobi has announced the launch of Huobi HK, an initiative that aims to provide cryptocurrency trading services to users in Hong Kong. According to the announcement on May 29, the platform aims to provide cryptocurrency trading services to users in...