A mistake by crypto market maker Wintermute has resulted in the loss of 20m Optimism (OP) tokens currently worth USD 17m. In preparation for the OP token launch, Wintermute was to receive “a temporary grant” of OP 20m for liquidity provisioning services. After successfully sending two test transactions, the Optimism team sent the full…
Read more
The majority of apecoin (APE) holders have voted in favor of a proposal that the token remains on the Ethereum (ETH) blockchain despite its high transaction fees. The final results, which come after a six-day voting period that started on June 3, reveal that 53.62% of ApeCoin token holders support remaining on Ethereum, exceeding…
Read more
LUNA, the native token of the new Terra blockchain, has fallen consistently in the market since seeing an initial spike on its first day of trading, with industry observers keep questioning whether the attempt to revive Terra will work…. Read More: New Luna Token Down Almost 90% From Its All-Time High and Keeps Trending…
Read more
After dropping from USD 31,500 to USD 30,000 earlier today, bitcoin somewhat recovered and is currently trading near USD 30,500 again. BTC is up 3% in a day and down 4% in a week. Similarly, most major altcoins are facing key hurdles. ETH failed to stay above the USD 1,850 resistance zone. XRP is…
Read more
All five of South Korea’s licensed, fiat-trading crypto exchanges have announced they will delist litecoin (LTC) after developers rolled out the Mimblewimble Extension Block protocol. The five exchanges – Upbit, Bithumb, Coinone, Korbit, and Gopax – all made their LTC delisting announcements “all at once,” News1 reported. This represents a first for the South…
Read more
Binance coin (BNB), the native token of the world’s largest crypto exchange Binance, has extended losses as new regulatory scrutiny and media investigation have once again put the exchange in the spotlight – albeit not in a positive manner…. Read More: BNB Stretches Losses as Binance Fights New Regulatory and Media Battles Read more…
Read more
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: DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Crypto entrepreneur Justin Sun’s blockchain Tron (TRX) has revealed details about the backing of its new algorithmic stablecoin USDD in what appears to be an effort to maintain confidence in the project following the collapse of major algorithmic stablecoin terraUSD (UST)…. Read More: Justin Sun’s Tron Reveals More Details of USDD Backing in a…
Read more
Bitcoin price started a decent increase above the USD 30,500 resistance, cleared the USD 31,200 resistance zone, and even tested the USD 31,500 level. BTC is currently (11:58 UTC) trading near USD 31,400 and is up almost 6% in a day and over 6% in a week. … Read More: Bitcoin and Ethereum Extend Gains,…
Read more
Terra network coin holders in India are facing a “double whammy” following the LUNAC and UST crash last month – and could be hit with 30% tax bills from the recent LUNA 2.0 airdrop. The genesis airdrop was made on May 30, with LUNAC holders distributed tokens now known as LUNA. However, investors in…
Read more
