Bitcoin Whales Refuse to Sell
TL;DR Bitcoin exchange inflows have been low recently, suggesting a lack of interest from whales in selling. The situation resembles previous bullish rallies, but with...
Author : guido
Marginfi in Crisis: CEO’s Resignation Triggers Massive Fund Withdrawal
TL;DR Marginfi’s CEO, Edgar Pavlovsky’s resignation triggered a 25% drop in the platform’s Total Value Locked (TVL). The massive fund withdrawal reflects a crisis of...
Bitcoin Experiences Massive Short Position Liquidation
TL;DR More than $102 million in Bitcoin short positions were liquidated in the market. Subsequently, there was a 3.8% decrease in the price of BTC,...
Ritual and Polychain Capital Join Forces to Promote the Decentralization of Artificial Intelligence
TL;DR The convergence between artificial intelligence (AI) and cryptocurrencies is gaining interest in the industry. Polychain Capital invested a multimillion-dollar sum in Ritual, in a...
Wormhole Attracted a Horde of Scammers During its Airdrop
TL;DR The recent Wormhole airdrop garnered significant community interest by distributing over $800 million worth of W tokens to eligible users. There was a proliferation...
KuCoin Faces the Abyss Due to DOJ and CFTC Lawsuit
TL;DR KuCoin has faced a 50% decrease in its market share and a 75% drop in daily trading volume after facing charges from the US...
FixedFloat Was Hacked Twice in Less Than a Month
TL;DR The crypto industry faces constant challenges with cybercrime. The recent hack of the DEX FixedFloat marks another alarming incident. In less than a month,...
OpenLeverage Loses $230,000 After Hack and Announces Compensation for Its Users
TL;DR OpenLeverage suffered cyberattacks, losing $230,000 in assets, reported by Cyvers Alerts on Twitter. The platform temporarily suspended its operations and ensured having insurance funds...
The Tokenization of U.S. Treasury Bonds Surpasses $1 Billion
TL;DR The tokenization of U.S. Treasury bonds has surpassed one billion dollars in value. These are digital representations of U.S. government bonds, allowing investors to...
Bakkt Makes Strong Recovery: Earned $780 Million in Revenue in 2023
TL;DR Bakkt reported annual revenues of $780.1 million in 2023, marking a significant milestone in its trajectory in the cryptocurrency market. In the last quarter...