Cardano was one of the biggest losers after the US Consumer Price Index was released on Thursday. ADA dipped to a 21-month low of $0.35 in the immediate aftermath of the announcement, a price that has not been seen since January 2021. The coin has made a slight recovery to $0.37 but is still 4%…
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RichQuack pumped again overnight with the meme coin peaking as high as 66% in the past 12 hours. QUACK has retraced as investors and traders took profits on Thursday morning, but the coin is still up 24% in the past 24 hours. Zoom out, and the price is even better, with investors 155% up in…
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Former Terra developer Neel Somani has raised $15m for a new project focused on developing cross-chain roll-ups. The new project, a layer-2 protocol known as the Eclipse roll-up, runs on the Solana (SOL) blockchain, and is inspired by the interoperability blockchain Cosmos (ATOM)…. Read More: Ex-Terra Developer Raises Funds for This New Project Read more…
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Play-to-earn game Stepn, which lets users buy non-fungible token (NFT) running shoes and earn native crypto GMT through jogging, reportedly started a major layoff of its contract workers amid a market downturn – but the team behind the app denies firing staff…. Read More: Stepn Reportedly to Lay Off 100 Employees Amid Market Downturn, Company…
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The Mango Markets protocol has experienced an exploit that allowed a person or group to get away with around $100m worth of various cryptoassets. Per a Twitter thread from Mango Markets, the exploit was carried out by a person or group funding an account with the stablecoin USDC, and later taking what was described as…
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Shiba Inu price prediction remains bearish, as the pair has broken through the upward trendline that has been supporting it near $0.0000106. Shiba Inu is currently gaining immediate support at a triple bottom level of $0.00001001. According to market data, Indian traders chose Shiba Inu over Bitcoin and Ethereum. Despite the country’s strict tax regime,…
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The Financial Stability Board (FSB), an international advisory body created by the G20, has laid out its recommendations for crypto regulation, and said most existing stablecoins are not in compliance. FSB’s recommendations for crypto and stablecoin regulation were first endorsed by the G20 – a group consisting of the world’s 20 largest economies – two…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: Solana-Based Mango Markets Suffers $100M Exploit, BNB Chain Executes Moran Hard Fork Read more »Sign up for e-EUR – the progressive stablecoin
Terra Classic remains one of the most traded cryptos in the space as it attracted more than $450 million in volume in the last 24hrs. The news comes after Binance revealed its latest burn efforts saw nearly 3 billion LUNC permanently erased from the supply, equal to nearly $1 million. In late September, Binance CEO…
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The XRP price has recorded a 0.5% gain in the past 24 hours and is up by 1.5% in the past week. At $0.488148, it has also risen by 37% in the last 30 days, buoyed by market expectations that Ripple’s ongoing legal tussle with the SEC has entered its end phase…. Read More: XRP…
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