Ethereum Price Recovery Signals Market Breather
TL;DR The cryptocurrency market is showing signs of recovery after a significant downturn, with Ethereum (ETH) leading the charge. Tron founder Justin Sun has made...
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Solana Staking Eats into Free Supply as Whales Move In
TL;DR Solana staking has reached record levels, significantly reducing the free supply of SOL. Whales have withdrawn large amounts of SOL from exchanges for staking....
Ripple vs SEC: Garlinghouse Believes Gensler Will Cause Biden’s Defeat in the Elections
TL;DR Brad Garlinghouse, CEO of Ripple, suggested that Gary Gensler could negatively impact Joe Biden’s electoral chances in November. At the Bloomberg Invest Summit, Garlinghouse...
BNB Chain Faced with Alleged Exploit: White Hat or Repentant?
TL;DR The BNB Chain faces a possible $80,000 Bitcoin exploit, with suspicious transactions raising uncertainty about the attacker’s intentions. Cyvers speculates on the possibility that...
The Surge of Solana: Factors Fueling the Rally
TL;DR Meteoric Rise: Solana (SOL) surged by 15%, surpassing Bitcoin and Ethereum. Key factors include breaking the $150 resistance, trading above the 100-hourly moving average, and strong...
Bitget Launches $10M Ecosystem Fund and Expands Onchain Layer
TL;DR Bitget launches $10 million ecosystem fund denominated in its native token, BWB. The goal is to create an on-chain ecosystem with various integrated DApps....
PancakeSwap’s Monumental Token Burn
TL;DR Token Burn: PancakeSwap has destroyed 9.2 million CAKE tokens, worth over $27 million, to reinforce the token’s deflationary mechanism and respond to the increasing demand...
Ethereum Fell by 23% and the Whales Took Advantage of the Crisis
TL;DR Ethereum fell from nearly $3,700 to a minimum of $2,852 per token, a decrease of almost 23%, due to global geopolitical tensions. Despite the...
Cryptocurrencies On Volatile Ground: $400 Million Liquidated in Record Time
TL;DR More than $400 million liquidated from the crypto market in the last 4 hours. Binance recorded the highest number of liquidations. BTC and ETH...
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...