Bitcoin price gained pace after it broke the USD 22,500 resistance and climbed above the USD 23,000 level before the bears appeared near USD 23,450. It is currently (11:44 UTC) consolidating gains near the USD 23,000 level and is up 8% in a day and down 1% in a week. Similarly, most major altcoins are…
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Lido DAO, the governance forum for the Lido Finance project, has put forward a new proposal for selling LDO 10m tokens to crypto investment firm Dragonfly Capital, apparently with better terms. “Ok, lets try this again,” states the new proposal, which was submitted by Lido’s head of business Jacob Blish on Wednesday. It calls for…
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BNB, the native token of the Binance exchange, is forecast to end the year priced at USD 274, potentially hitting USD 781 by 2025, and USD 1,814 by the end of 2030, according to a recent survey by personal finance comparison site Finder.com. At 14:19 UTC, BNB, ranked 5th by market capitalization, trades at USD…
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Layer-1 blockchain Harmony has proposed to mint billions of its ONE tokens in order to reimburse the victims of the Horizon bridge hack that saw around USD 100m of user funds stolen. The Harmony blockchain would have to hard fork and increase the supply of ONE to mint new tokens. The team said reimbursement would…
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The community members of Lido Finance, a decentralized finance (DeFi) protocol and third-party staking pool operator for Ethereum (ETH) 2.0, have voted against a proposal to sell LDO 10m tokens to crypto investment firm Dragonfly Capital for DAI 14.5m. The vote, which concluded on Monday after a four-day voting period, ended with 609 DAO members…
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Bitcoin price declined below the USD 22,000 support zone but remained above the USD 21,500 support zone. It is currently (13:23 UTC) consolidating near USD 21,900 and is down almost 3% in a day and up 5% in a week. Similarly, most major altcoins are trading above key support zones. ETH stayed above USD 1,500…
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Major crypto exchange Coinbase criticized the US Securities and Exchange Commission (SEC) for its lack of regulatory clarity and action, while itself being criticized over insider trading – for which two US regulators charged the exchange’s former employee…. Read More: Coinbase Criticizes US SEC, Crypto Community Criticizes Coinbase over Insider Trading, and CFTC Chimes In…
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The price of Solana’s native token SOL is not likely to move much higher this year, but still has a bright future when looking further ahead, a crypto industry panel surveyed by comparison website Finder.com has predicted. According to an average of the panelists’ responses, SOL’s price will reach USD 45 by the end of…
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The South Korean prosecution service’s recent raid of 15 locations as part of the probe into the “Terra (LUNAC) incident” saw officers search the home of the Terraform Labs co-founder Daniel Shin. Prosecutors are widely reported to be looking at evidence pertaining to figures at the top of the Terraform tree. Officers are now reportedly investigating allegations…
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