Ethereum
Web3 App Store Magic Square Unveils $66M Grant Program
Magic Square’s Ecosystem Grant Program consists of 120 million SQR, equivalent to 12% of the token’s total supply. Source link
Month: March 2024
Bitcoin
Why Did Bitcoin Price Crash 10% After Reaching $69,000 All-Time High?
The flagship crypto token, Bitcoin, finally hit a new all-time high (ATH) on March 5 but quickly dipped by over 10% after this price surge. As explained by this market analyst, this sharp correction was […]
Market Analysis
WOOFi confirms $8.75 million exploit on its Arbitrum market
WOOFi has released a post-mortem report confirming an $8.75 million exploit on its lending market on Arbitrum. The decentralized exchange has offered a 10% whitehat bounty to the attacker. Decentralized exchange WOOFi suffered an $8.75 […]
Regulation
Digital Currency Group Files for Dismissal of New York Attorney General’s Lawsuit
The crypto firm’s boss, Barry Silbert, also filed a motion to dismiss the Attorney General’s accusation that he concealed losses at the firms and so cheated customers and investors. Source link
Market Analysis
Binance Limits Support for These Major Altcoins
Binance is removing three “Build and Build” (BNB) altcoin trading pairs while pressures mount over its peer-to-peer (P2P) business in Nigeria. Spot traders will no longer be able to trade using the ALGO/BNB and the […]
Regulation
Biden and Trump-Themed Meme Coins Take Center Stage on Solana
A new breed of meme coins have spawned on Solana this week with speculators hopping on a new wave of cartoonish coins focused around politicians and celebrities. Source link
Bitcoin
Bitcoin (BTC) Rally May Slow as Order-Book Imbalance Hints at Profit Taking
That’s the message from the imbalance between potential sellers and buyers in bitcoin’s aggregated order book across 33 centralized exchanges. The gap between the total dollar value of orders to sell bitcoin, the so-called ask […]
Market Analysis
Binance temporarily halts all Solana withdrawals
Binance has suspened withdrawals to the Solana network amid issues of increased volumes. The exchange expects normal services to resume by March 9, 2024. Binance, Coinbase and Kraken are among exchanges to experience issues as […]
Doge
Bitcoin ETFs are cheap or ‘How unit bias can extend bullish movement’
One of the more underappreciated aspects of the rise of spot Bitcoin ETFs in the US is the renewed perceived affordability of Bitcoin among new investors. While 1 BTC still equals 1 BTC, investors purchasing […]
Ethereum
Ethereum Restaking Protocol EigenLayer Tops $10.5 Billion in TVL Ahead of Dencun Upgrade
EigenLayer, a restaking protocol built on top of the Ethereum network, has seen its total value locked (TVL) hit $10.5 billion, up around 23.5% in the last seven days and over 360% in a month, […]