David Schwartz, Ripple’s Chief Technical Officer (CTO), has called for XRP Ledger (XRPL) validators to support the Automated Market Maker (AMM) feature, but only if there is consensus within the community. On X (formerly known as Twitter), Schwartz initiated a discussion on the XRPL’s AMM feature, referring to it as an intriguing DeFi innovation. The […]
Binance recently released its 11th proof of reserves, revealing that the platform held 588,000 BTC assets, 3.83 million ETH assets, and 15.31 billion USDT assets. This disclosure comes amidst mounting pressure from regulators, and is intended to emphasize the exchange’s transparency with its users.BNB has been exhibiting accumulation trends since 22nd August, however, similar patterns […]
Ripple and the U.S. Securities and Exchange Commission (SEC) have been directed by U.S. District Judge Analisa Torres to work out a possible settlement. This is set for April 16, 2024, and both parties and their legal representatives are obligated to convene for an in-person meeting. The SEC stands to gain more with legal experts […]
Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar. Data from Cointelegraph Markets Pro and TradingView showed BTC price performance avoiding downside volatility over the weekend. The pair recovered from a snap retest of $27,000 on Oct. 6, this coming thanks to surprise United […]
Altcoins have been the stars of the crypto market today, with Toncoin (TON), Aave (AAVE), and Maker (MKR) leading the way. MKR has seen a 3% increase and is now trading at $1,455, likely due to its “Endgame Plan” which has proven to be successful. AAVE has also seen a 6% increase, now trading at […]
John Deaton, an XRP holder’s attorney and crypto advocate, has criticized supporters of former FTX CEO Sam Bankman-Fried (SBF) during his ongoing trials related to the collapse of their crypto venture. Deaton expressed on his official X platform that individuals characterizing SBF as a well-intentioned individual who made “errors” and attributing the company’s rapid expansion […]
Bitcoin (BTC) could reach its all-time high of almost $70,000 and even surpass that level sometime in 2024, according to the AI-powered language model ChatGPT. This could be driven by a general bullish sentiment, a successful halving event, and positive momentum. Regulatory developments, such as potential SEC lawsuit outcomes and a US BTC ETF approval, […]
Huobi Global’s crypto exchange HTX has confirmed the return of the funds stolen by a hacker in late September and issued a 250 Ether ETH bounty after resolving the issue. The hacker had drained 5,000 ETH worth roughly $8 million from one of HTX’s hot wallets. HTX offered to pay a 5% bounty worth around […]
Cosmos-based Stride has been experiencing a surge in its governance token – STRD – which has increased 330% year-to-date. According to a recent Nansen report, the protocol currently commands more than 80% of the market share within the Cosmos ecosystem. STRD has surpassed both Ethereum (ETH) and the native token of Lido (LDO) in YTD […]
In a surprising turn of events, the hacker responsible for stealing a large sum of Ethereum from HTX Global, formerly Huobi, has refunded the entire stolen amount for the white-hat bounty offered by the exchange. The breach occurred on Sept. 25, with the hacker stealing a total of 4,997 Ether (ETH) — valued at approximately […]
