CZ Responds to Bitcoin Outflow Withdrawals on Binance — Calling FUD.
The exchange CEO wrote on Twitter that all funds are safeOn May 8, outflow data confirmed the largest withdrawal in its history, over 162,000 $BTC has left the exchange, valued…
UAE Gains Credit From Coinbase CEO.
Coinbase’s CEO made a positive remark about the nation’s crypto growth potential.The exchange seeks to attain the goal of 1 billion global crypto users with the UAE’s help.United Arab Emirates…
Hacker Exploits DeFi Protocol DEUS Finance for Over $6 Million.
More than $1.3 million was stolen in a bot-initiated attack on the BSC.The stablecoin DEI has fallen from its $0.30 peg and is now trading at $0.20.Over $6 million worth…
Bulls or Bears; What’s the Fate of Crypto Market This Week?
Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last 24 hours.Market capitalization fell from $1.24 trillion to $1.2 trillion, taking a 2.13% dip.The week starts with…
Ethereum (ETH) in Deep Deflation, Signs Aiming to Boom?
In April, daily ETH issuance has been deflationary every day.Ethereum is trading near the $2K price range.The second-largest cryptocurrency, Ethereum (ETH), regained popularity. One potential driver for ETH’s rebound is…
Bitcoin Turns Down Below $29000
Bitcoin faces a subsequent fall for the consequent four days.Expecting the upcoming May 4th FOMC meeting could be a timely help over the fall.As per the instability caused by the…
Blur Launches a P2P Lending Protocol for NFTs
Blur unveils Blend, a peer-to-peer lending protocol platform.The protocol was developed with Dan Robinson and Transmission 11.Blur, the non-fungible token marketplace, announced the launch of a peer-to-peer lending protocol called…
Shiba Inu Burn Rate Turns Negative Despite Promising Developments.
There has been just one transaction of one million SHIB to a dead wallet.On April 27, 2023, it was announced that no Shiba Inu coins had been burned.The rising uncertainty…
OKX Integrates zk-STARK Technology in Its Proof of Reserves.
Users will now be able to independently validate that their assets are backed by reserves.The approach ensures the legitimacy of OKX’s PoR without compromising user anonymity.The Proof of Reserves (PoR)…
Elon Musk Introduced New Twitter Initiative Compensating Creators
Content providers on Twitter can now get compensation for their posts.Users will have access to the creator’s private material that is otherwise unavailable.Elon Musk, CEO of Twitter, has announced yet…