Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently stays in the United States, the company has claimed. A spokesperson for Celsius has denied rumors that the company’s CEO tried to flee the U.S. last week amid the ongoing liquidity crisis of the Celsius […]
XCarnival, a liquidity provider for the Ethereum ecosystem, recovered 1,467 Ether (ETH) just a day after suffering an exploit that drained 3,087 ETH, worth roughly $3.8 million, from the protocol. Blockchain investigator Peckshield noticed the XCarnival hack as it came across a stream of transactions that eventually bled 3,087 ETH from the protocol. Explaining the […]
Dogecoin (DOGE) looks ready to extend its rebound move despite the current crypto bear market. 79% chances DOGE will extend its rebound move DOGE’s price appears to have been painting a bump-and-run-reversal (BARR) bottom since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three successful phases: […]
Amid the Chinese government continuing to celebrate the massive decline of cryptocurrency markets this year, one key local blockchain expert has referred to crypto as a Ponzi scheme. Yifan He, CEO of Red Date Technology — a major tech firm involved in the development of China’s major blockchain project called the Blockchain Service Network (BSN) […]
The price of Terra (LUNA2) has recovered sharply nine days after falling to its historic lows of $1.62. On June 27, LUNA2’s rate reached $2.77 per token, thus chalking up a 70% recovery when measured from the said low. Still, the token traded 77.35% lower than its record high of $12.24, set on May 30. […]
Bitcoin’s (BTC) current bear market is one of the worst, according to a report by on-chain analytics firm Glassnode. This was the first time in history that the Mayer Multiple slipped below the previous cycle’s low. Bitcoin’s fall below $20,000 on June 18 also marked the biggest loss ever booked by investors in a single […]
Major stablecoin company Tether is expanding its stablecoin offering with a new cryptocurrency pegged to the British pound sterling (GBP). Tether officially announced on Wednesday that its upcoming GBP-pegged stablecoin, GBPT, will launch in early July and will initially be supported by the Ethereum blockchain. GBPT will be a stable digital currency pegged on the […]
On Thursday, crypto derivatives platform dYdX, which is currently built on Ethereum layer 2, announced that it would be moving to a standalone blockchain based on the Cosmos SDK and Tendermint proof-of-stake consensus for its v4 update. The firm cites the Cosmos blockchain’s decentralization and performance as reasons for being a “best fit” for building […]
Bitcoin (BTC) continues to face a tough battle near the psychological level of $20,000 as the bulls and the bears attempt to assert their supremacy. Trading firm QCP Capital said in their latest market circular that funding rates on derivatives markets were stable and bearish conditions were fading. Another ray of hope for the Bitcoin […]
Polygon (MATIC) took a break from its prevailing bearish course, posting one of the sharpest rebounds in the crypto market this week. Notably, MATIC’s price has risen to $0.50 this June 23, four days after hitting $0.317, its lowest level since April 2021. This amounts to roughly a 60% gain, surpassing the performances of even […]
Swan Bitcoin CEO Cory Klippsten believes that the liquidity crisis involving Celsius Network may be just the beginning of a broader collapse in the crypto lending space. “It doesn’t matter if you’re an amazing CeFi lending platform, taking these retail deposits and lending them out the back end and giving them yield, or a terrible […]
The Horizon Bridge to the Harmony layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH). The hack may vindicate previously raised community concerns about the robustness of the two of four multisig that reportedly secures the bridge. Starting at about 7:08 am until 7:26 am ET, 11 […]
On June 23, the CEO of Solana Labs, Anatoly Yakovenko, announced in New York the launch of a software development kit for Web3 programs called “Solana Mobile Stack (SMS),” as well as the delivery date of its new crypto phone: The “Saga.” According to Yakovenko, Solana’s new smartphone will cost approximately $1,000 and will be […]
HEX founder Richard Heart will soon launch another crypto named PulseChain (PLS) but the release date has not been made public yet. Richard Heart’s HEX has delivered extraordinary growth making the average working-class investors turn millionaires in less than two years. Early investors who poured in their money on the crypto during its early days […]
A crypto documentary titled The Highest of Stakes is currently being filmed and revolves around a storyline on how investors made generational wealth by investing in HEX. It is arguably the only token that doubled in price 13 consecutive times from its inception in December 2019 to September 2021. The crypto was trading at a […]
Among all the upcoming coins in the market, PulseChain (PLS) is the most-awaited crypto. Investors are eager to pour in their money on the very first day of its release to make the most out of PLS. Rumors are doing the rounds that PulseChain might start with $0.0000000001 in the indices on the day of […]
Richard Heart, the flamboyant founder of HEX, will be launching his new crypto project, namely PulseChain. Now, HEX has been an extremely lucrative project for a large number of people. Even though many had called HEX a scam, the project seems to have done well by its users. Heart’s new project, PulseChain (PLS) does not […]
Are you looking for where to buy PulseChain? Trying to figure out how to buy PulseChain? Well, the truth is… You can NOT buy PulseChain yet ***(as of the time writing this article)*** People trying to sell you PulseChain (PLS) right now are all scammers. There are multiple ERC-20 scam tokens named PLS. Do NOT buy […]
Some few years back, one of the most awaited events in the cryptosphere was a hard fork because it meant people were to get free coins. Richard Heart is forking Ethereum and doing the biggest airdrop ever on PulseChain. You will get free copies of all your ERC-20 tokens and NFTs on a faster and cheaper […]
